Kernersville Little Theatre Inc
- Assets
- $141.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kernersville, NC
- Founding
- 11/1977
- Data as of
- 08/2021
- EIN
- 59-1771526
Organization Overview
Kernersville Little Theatre Inc is located in Kernersville, NC. The organization was established in 1977. According to its NTEE Classification (A65) the organization is classified as: Theater, 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. Kernersville Little Theatre 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 08/2021, Kernersville Little Theatre Inc generated $48.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $44.2k during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (6.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christy Gantt Director | 5 | $0 | |
Laurie Mcdaniel Treasurer | 3 | $0 | |
Derrick Bennett Director | 5 | $0 | |
John Michael Sloan VP Development | 5 | $0 | |
Deanie Simmons VP Administrati | 15 | $0 | |
Myla O'brien VP Volunteer Re | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,423 |
| Total Program Service Revenue | $16,029 |
| Membership dues | $0 |
| Investment income | $92 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,835 |
| Other Revenue | $100 |
| Total Revenue | $48,479 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $13,512 |
| Printing, publications, postage, and shipping | $3,477 |
| Other expenses | $27,259 |
| Total expenses | $44,248 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $141,026 |
| Other assets | $0 |
| Total assets | $141,026 |
| Total liabilities | $0 |
| Net assets or fund balances | $141,026 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Kernersville Little Theatre Inc has recieved totaling $7,597.
| Awarding Organization | Amount |
|---|---|
Kernsville Foundation Inc Kernersville, NC PURPOSE: SUPPORT FOR LOCAL ARTS | $7,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $97 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Signature Theatre Inc Arlington, VA | $13,654,259 | $8,861,886 |
Aurora Theatre Inc Lawrenceville, GA | $10,092,561 | $4,172,461 |
Barter Foundation Incorporated State Theatre Of Virginia Abingdon, VA | $10,953,876 | $6,208,012 |
American Shakespeare Center Staunton, VA | $2,626,073 | $2,087,317 |
Childrens Theatre Of Charlotte Inc Charlotte, NC | $26,819,373 | $2,866,228 |
North Carolina Theatre Raleigh, NC | $3,174,252 | $3,580,122 |
Roanoke Island Historical Association Inc Manteo, NC | $10,126,995 | $2,839,927 |
Carolina Theatre Of Durham Inc Durham, NC | $4,096,389 | $4,794,341 |
Nashville Repertory Theatre Inc Nashville, TN | $1,810,998 | $3,171,319 |
Triad Stage Inc Greensboro, NC | $3,172,585 | $1,782,621 |
Circuit Playhouse Inc Memphis, TN | $16,830,150 | $2,686,872 |
Cumberland County Playhouse Inc Crossville, TN | $3,086,163 | $3,321,582 |