Clarion Theatre Group Inc is located in Clarion, IA. The organization was established in 2013. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clarion Theatre Group Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, Clarion Theatre Group Inc generated $33.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $63.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO PRESERVE THE OPERATION OF A MOVIE THEATER IN A RURAL TOWN OF 3,000.
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $6,039 |
Total Program Service Revenue | $1,926 |
Membership dues | $0 |
Investment income | $1,615 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $33,572 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $17,658 |
Professional fees and other payments to independent contractors | $5,295 |
Occupancy, rent, utilities, and maintenance | $19,391 |
Printing, publications, postage, and shipping | $229 |
Other expenses | $20,380 |
Total expenses | $62,953 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $68,148 |
Other assets | $0 |
Total assets | $209,297 |
Total liabilities | $643 |
Net assets or fund balances | $208,654 |