Sunrise Preservation Group Inc

Organization Overview

Sunrise Preservation Group Inc is located in Southern Pines, NC. The organization was established in 1999. 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 06/2023, Sunrise Preservation Group Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sunrise Preservation Group 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 06/2023, Sunrise Preservation Group Inc generated $566.8k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $648.3k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO MAINTAIN AND IMPROVE THE SUNRISE THEATER AND ENSURE IT IS USED TO ENRICH AND ENLIVEN THE ENTIRE COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE SHOWING OF INDEPENDENT FILMS, MUSICAL AND DRAMATIC PERFORMANCES WHICH RETAINS THE HISTORIC USE OF THE BUILDING AND ENHANCES THE CULTURAL, SOCIAL, AND ECONOMIC CLIMATE OF OUR COMMUNITY. THE PROCEEDS ARE USED TO HELP IN THE MAINTENANCE OF THE HISTORIC BUILDING.


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Board, Officers & Key Employees

Name (title)Compensation
Dustin Bonecutter
Director
$0
Fallon Brewington
Director
$0
Aimee Haley
Director
$0
Carol Duffy
Director
$0
Colette Blanchard
Director
$0
Jeff Hutchings
Vice President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$66,719
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$66,719
Total Program Service Revenue$463,763
Investment income $13,698
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $22,614
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 $566,794

Peer Organizations

Organization NameAssets
North Carolina Performing Arts Center At Charlotte Foundation
Charlotte, NC
$45,746,637
Tennessee Performing Arts Center Management Corporation
Nashville, TN
$25,885,364
Historic Tennessee Theatre Foundation
Knoxville, TN
$18,045,140
Peace Center Foundation
Greenville, SC
$17,581,209
Rivercenter Inc
Columbus, GA
$3,191,842
Belcourt Theatre Inc
Nashville, TN
$3,381,310
Academy Center Of The Arts Inc
Lynchburg, VA
$2,549,867
Bijou Theater Center
Knoxville, TN
$3,906,222
Pack Place Performing Arts
Asheville, NC
$1,932,942
North Carolina Soybean Producers
Raleigh, NC
$2,484,273
Zeiders American Dream Theater
Virginia Beach, VA
$1,666,651
Richmond Performing Arts Alliance
Richmond, VA
$2,881,535
Salt Block Foundation Inc
Hickory, NC
$849,290
Tennessee Performing Arts Foundation
Nashville, TN
$465,811
The Green Room Community Theatre Inc
Newton, NC
$856,376
Arts Center Of Kershaw County Inc
Camden, SC
$585,933
St Josephs Historic Foundation Inc
Durham, NC
$869,376
Carolina Theatre Of Greensboro Inc
Greensboro, NC
$1,077,005
Lucas Theatre For The Arts Inc
Savannah, GA
$375,605
Charlotte Concerts dba Charlotte Concerts
Charlotte, NC
$0
Center For The Arts Inc
Murfreesboro, TN
$744,118
Sunrise Preservation Group Inc
Southern Pines, NC
$566,794
The Byrd Theatre Foundation
Richmond, VA
$563,364
Lakeland Cultural Arts Center Inc
Littleton, NC
$582,947
The Paramount Theater Inc
Charlottesville, VA
$148,256

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