State Theater Foundation Inc
- Assets
- $353.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Central City, NE
- Founding
- 05/2015
- Data as of
- 12/2022
- EIN
- 47-3907652
Organization Overview
State Theater Foundation Inc is located in Central City, NE. The organization was established in 2015. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. State Theater Foundation Inc 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 12/2022, State Theater Foundation Inc generated $74.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $84.7k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE A VENUE FOR VARIOUS TYPES OF MOVIES, COMMUNITY ACTIVITIES, AND HOMETOWN EVENTS. IN 2022, 32 MOVIES WERE SCREENED AND OVER 6,700 PEOPLE ATTENDED. THE THEATER ALSO HOSTED 8 EVENTS (TOTAL PUBLIC AND PRIVATE)INCLUDING MOVIES, BIRTHDAY PARTIES, SPONSORED MOVIES AND DOCUMENTARIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Blodgett President | 20 | $0 | |
Don Kramer Vice President | 15 | $0 | |
Kassandra Blodgett Treasurer | 30 | $0 | |
Helen Foulk Secretary | 15 | $0 | |
Kelly Bandt Board Member | 10 | $0 | |
Josh Hood Board Member | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,262 |
| Total Program Service Revenue | $37,578 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $336 |
| Other Revenue | $0 |
| Total Revenue | $74,646 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,175 |
| Occupancy, rent, utilities, and maintenance | $34,061 |
| Printing, publications, postage, and shipping | $1,514 |
| Other expenses | $45,908 |
| Total expenses | $84,658 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,419 |
| Other assets | $0 |
| Total assets | $353,180 |
| Total liabilities | $37,800 |
| Net assets or fund balances | $315,380 |