Venice Theatre Inc

Organization Overview

Venice Theatre Inc is located in Venice, FL. The organization was established in 1964. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Venice Theatre Inc employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Venice 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 06/2021, Venice Theatre Inc generated $2.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (13.0%) each year. All expenses for the organization totaled $2.3m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (14.7%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THEATRE ARTS EDUCATION

Describe the Organization's Program Activity:

Part 3 - Line 4a

PRODUCTION OF SEASONAL THEATRICAL PRODUCTIONS USING UNPAID VOLUNTEERS & STUDENTS TO BENEFIT THE COMMUNITY, SCHOOLS, & RETIREMENT COMMUNITIES VIA THEATRE, MUSIC, DANCE & EDUCATIONAL PROGRAMS


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$2,124,204
Investment income $8,280
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 -$1,583
Miscellaneous Revenue$0
Total Revenue $2,252,953

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