Morgantown Theatre Company is located in Morgantown, WV. The organization was established in 2001. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Morgantown Theatre Company employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Morgantown Theatre Company 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 12/2021, Morgantown Theatre Company generated $82.6k 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 (11.4%) each year. All expenses for the organization totaled $89.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.2%) 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
2021
Describe the Organization's Program Activity:
Part 3
TEACHING YOUTHS THEATRE ARTS IN A SUPPORTIVE, INCLUSIVE , AND ENTHUSIASTIC ENVIRONMENT THAT ENCOURAGES TEAMWORK AND NURTURES SELF-CONFIDENCE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kristin Gerdes President | 0 | $0 | |
Kevin Connoley Theasurer | 0 | $0 | |
Maura Mclaughlin Vice-President | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $63,573 |
Total Program Service Revenue | $12,711 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $6,287 |
Total Revenue | $82,571 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $34,856 |
Professional fees and other payments to independent contractors | $11,495 |
Occupancy, rent, utilities, and maintenance | $16,601 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $26,729 |
Total expenses | $89,681 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $33,194 |
Other assets | $0 |
Total assets | $83,812 |
Total liabilities | $0 |
Net assets or fund balances | $83,812 |
Over the last fiscal year, we have identified 1 grants that Morgantown Theatre Company has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
Arts Monongahela Inc Morgantown, WV | | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Strathmore Hall Foundation Inc North Bethesda, MD | $27,256,314 | $8,322,288 |
Cincinnati Arts Association Cincinnati, OH | $56,926,622 | $8,741,930 |
Strand-Capitol Performing Arts Center Inc York, PA | $13,276,794 | $10,332,110 |
Luther F Carson Four Rivers Center Inc Paducah, KY | $59,072,684 | $5,458,266 |
State Theatre Center For The Arts Inc Easton, PA | $9,301,794 | $4,832,518 |
Playhouse Square Development Corporation Cleveland, OH | $842,822 | $0 |
Arts In Stark Canton, OH | $26,886,137 | $1,886,035 |
Whitaker Center For Science And The Arts Harrisburg, PA | $29,354,486 | $3,497,396 |
Arts Of Southern Kentucky Inc Bowling Green, KY | $7,056,878 | $5,434,508 |
Lyric Foundation Inc Baltimore, MD | $19,508,427 | $4,826,860 |
Arts Center Foundation Inc Dayton, OH | $75,443,973 | $70,320 |
Hippodrome Foundation Inc Baltimore, MD | $13,272,762 | $8,345,176 |