Thomasville Entertainment Foundation Inc
- Assets
- $532.6k
- Revenue
- $324.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Thomasville, GA
- Founding
- 03/1968
- Data as of
- 04/2022
- EIN
- 58-1024440
Organization Overview
Thomasville Entertainment Foundation Inc is located in Thomasville, GA. The organization was established in 1968. 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 04/2022, Thomasville Entertainment Foundation Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thomasville Entertainment 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 04/2022, Thomasville Entertainment Foundation Inc generated $324.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $280.8k during the year ending 04/2022. While expenses have increased by 1.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CAPTIVATE AUDIENCES WITH LIVE PERFORMANCES BY WORLD-RENOWNED ARTISTS, WHILE CULTIVATING THE FUTURE OF THE PERFORMING ARTS WITH EDUCATIONAL PROGRAMS AND EVENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY CONCERT SERIES - CULTURAL & EDUCATIONAL; APPROXIMATELY 450 SEASON TICKET HOLDERS, 350-525 ATTENDEES AT EACH OF SIX CONCERTS; 250 ATTENDEES AT THREE FAMILY SERIES PERFORMANCES; HUNDREDS OF SCHOOL CHILDREN AT EDUCATIONAL PRESENTATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Ivey Executive Dir. | OfficerTrustee | 30 | $27,583 |
Joan Sowell Admin Director | OfficerTrustee | 30 | $24,825 |
Charlotte Arnold President | OfficerTrustee | 1 | $0 |
Barbara Lee Vice President | OfficerTrustee | 1 | $0 |
Karl Barton Vice President | OfficerTrustee | 1 | $0 |
Laura Pike Vice President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,600 |
| All other contributions, gifts, grants, and similar amounts not included above | $214,912 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $225,512 |
| Total Program Service Revenue | $98,160 |
| Investment income | $1,120 |
| 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 | $324,792 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $20,250 |
| Grants and other assistance to domestic individuals. | $3,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $52,408 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,009 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $136 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,943 |
| All other expenses | $51,352 |
| Total functional expenses | $280,778 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,340 |
| Savings and temporary cash investments | $505,038 |
| Pledges and grants receivable | $0 |
| 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 | $25,176 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1 |
| Total assets | $532,555 |
| Accounts payable and accrued expenses | $1,166 |
| Grants payable | $0 |
| Deferred revenue | $60,305 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $61,471 |
| Net assets without donor restrictions | $471,084 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $532,555 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Thomasville Entertainment Foundation Inc has recieved totaling $26,000.
| Awarding Organization | Amount |
|---|---|
Jasper And Marthalene Davis Foundation Inc Thomasville, GA PURPOSE: CHARITABLE | $16,000 |
William Howard Flowers Jr Thomasville, GA PURPOSE: OPERATING EXPENSES | $5,000 |
George E Crouch Foundation Louisville, GA PURPOSE: TO HELP SUPPORT THE ARTISTIC PROGRAMS OF THE FOUNDATION | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Tivoli Theatre Foundation Inc Chattanooga, TN | $19,745,641 | $23,020,214 |
Sunfest Of Palm Beach County Inc West Palm Beach, FL | $4,618,785 | $9,247,080 |
Red Mountain Theatre Company Inc Birmingham, AL | $35,964,987 | $9,815,041 |
Cccp Community Trust Charlotte, NC | $3,032,444 | $5,842,596 |
Womans Exchange Inc Of Sarasota Sarasota, FL | $4,624,153 | $4,393,353 |
Westcoast Black Theatre Troupe Of Florida Inc Sarasota, FL | $12,672,008 | $4,333,554 |
Center For Puppetry Arts Inc Atlanta, GA | $20,916,247 | $3,804,159 |
City Springs Theatre Company Sandy Springs, GA | $2,774,850 | $2,619,384 |
Barrier Island Group For The Arts Sanibel, FL | $11,337,341 | $3,470,715 |
Thalian Hall Center For Performing Arts Inc Wilmington, NC | $1,750,747 | $2,399,584 |
Savannah Music Festival Inc Savannah, GA | $2,910,137 | $2,078,517 |
Milagro Foundation Inc Delray Beach, FL | $1,748,813 | $1,736,017 |