Appalachian Theatre Of The High Country is located in Boone, NC. The organization was established in 2013. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Appalachian Theatre Of The High Country employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Appalachian Theatre Of The High Country is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Appalachian Theatre Of The High Country generated $894.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $677.4k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO PROVIDE A QUALITY VENUE FOR A VARIETY OF ARTISTIC GENRES; TO CONTRIBUTE TO THE REGION BY PROMOTING AND STRENGTHENING THE AREA'S UNIQUE CULTURAL IDENTITY AND CREATIVE HISTORY; TO ENHANCE BUSINESS IN BOONE AND OUR REGION; TO PROVIDE A CULTURAL HUB; AND TO FIND NEW LIFE FOR A HISTORIC BUILDING WHILE MAINTAINING FINANCIAL SUSTAINABILITY. THE THEATER OPENED IN 1938 AND CLOSED IN 2007, BUT WAS RESTORED, RENOVATED AND REOPENED IN OCTOBER 2019.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR MISSION IS TO PROVIDE A QUALITY VENUE FOR A VARIETY OF ARTISTIC GENRES; TO CONTRIBUTE TO THE REGION BY PROMOTING AND STRENGTHENING THE AREA'S UNIQUE CULTURAL IDENTITY AND CREATIVE HISTORY; TO ENHANCE BUSINESS IN BOONE AND OUR REGION; TO PROVIDE A CULTURAL HUB; AND TO FIND NEW LIFE FOR A HISTORIC BUILDING WHILE MAINTAINING FINANCIAL SUSTAINABILITY. THE THEATER OPENED IN 1938 AND CLOSED IN 2007, BUT WAS RESTORED, RENOVATED AND REOPENED IN OCTOBER 2019.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Laura Kratt Executive Di | Officer | 40 | $79,074 |
John Cooper Past Chair | OfficerTrustee | 10 | $0 |
Keith Martin Chair | OfficerTrustee | 10 | $0 |
Bill Pelto Vice Chair | OfficerTrustee | 5 | $0 |
Brady Combs Treasurer | OfficerTrustee | 5 | $0 |
Gail Hearn Member | Trustee | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $337,794 |
All other contributions, gifts, grants, and similar amounts not included above | $432,651 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $770,445 |
Total Program Service Revenue | $9,985 |
Investment income | $127 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $894,057 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $153,144 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $29,529 |
Payroll taxes | $12,337 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $19,731 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,476 |
Advertising and promotion | $1,578 |
Office expenses | $9,737 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $23,762 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $92,572 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $288,575 |
Insurance | $17,171 |
All other expenses | $2,128 |
Total functional expenses | $677,412 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $406,601 |
Savings and temporary cash investments | $253,823 |
Pledges and grants receivable | $1,206,129 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $5,400 |
Net Land, buildings, and equipment | $8,432,996 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $4,996 |
Total assets | $10,309,945 |
Accounts payable and accrued expenses | $29,471 |
Grants payable | $0 |
Deferred revenue | $50,491 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $2,249,788 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $17,802 |
Total liabilities | $2,347,552 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $7,962,393 |
Total liabilities and net assets/fund balances | $10,309,945 |
Over the last fiscal year, we have identified 5 grants that Appalachian Theatre Of The High Country has recieved totaling $83,772.
Awarding Organization | Amount |
---|---|
Murar Foundation Inc Linville, NC PURPOSE: RESTORATION OF THE OLD APPALACHIAN THEATER IN BOONE, NC | $55,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $20,250 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $8,015 |
Dan Cameron Family Foundation Inc Wilmington, NC PURPOSE: SUPPORT THEATRE,COMMUNITY EVENTS & PROGRAMS | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $7 |
Organization Name | Assets | Revenue |
---|---|---|
Wolf Trap Foundation For The Performing Arts Vienna, VA | $98,256,215 | $37,160,457 |
The Tivoli Theatre Foundation Inc Chattanooga, TN | $19,745,641 | $23,020,214 |
Cccp Community Trust Charlotte, NC | $3,032,444 | $5,842,596 |
Center For Puppetry Arts Inc Atlanta, GA | $20,916,247 | $3,804,159 |
Metropolitan School Of The Arts Alexandria, VA | $1,125,949 | $3,020,151 |
Paramount Theater Of Charlottesville Inc Charlottesville, VA | $2,248,840 | $3,822,333 |
City Springs Theatre Company Sandy Springs, GA | $2,774,850 | $2,619,384 |
Thalian Hall Center For Performing Arts Inc Wilmington, NC | $1,750,747 | $2,399,584 |
Cumberland Plateau Company Inc Lebanon, VA | $9,644,678 | $675,012 |
Savannah Music Festival Inc Savannah, GA | $2,910,137 | $2,078,517 |
Atlanta Music Project Inc Atlanta, GA | $5,585,624 | $4,188,962 |
True Colors Theatre Company Atlanta, GA | $1,894,678 | $1,211,759 |