Westcoast Black Theatre Troupe Of Florida Inc is located in Sarasota, FL. The organization was established in 2002. 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 09/2022, Westcoast Black Theatre Troupe Of Florida Inc employed 49 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Westcoast Black Theatre Troupe Of Florida 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 09/2022, Westcoast Black Theatre Troupe Of Florida Inc generated $4.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $4.2m during the year ending 09/2022. While expenses have increased by 11.1% 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
THE MISSION OF WCBTT IS TO PRODUCE PROFESSIONAL THEATRE THAT PROMOTES AND CELEBRATES AFRICAN AMERICAN HISTORY AND EXPERIENCE, ENGAGES A BROAD BASE OF PATRONS AND AUDIENCES, SUPPORTS THE DEVELOPMENT OF A DYNAMIC GROUP OF ASPIRING ARTISTS AND BUILDS SELF-ESTEEM IN YOUTH OF COLOR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PERORMED NUMBEROUS LIVE THEATRE PRODUCTIONS FOR THOUSANDS OF MEMBERS OF THE COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Julie Leach Executive Director | OfficerTrustee | 50 | $0 |
Cheryl Anderson Treasurer | OfficerTrustee | 1 | $0 |
Nathaniel Jacobs Artistic Director | OfficerTrustee | 50 | $0 |
Doris Johnson Chairperson | OfficerTrustee | 1 | $0 |
Marian Moss Vice-Chair | OfficerTrustee | 1 | $0 |
Chris Caswell Secretary | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $534,612 |
Related organizations | $0 |
Government grants | $618,992 |
All other contributions, gifts, grants, and similar amounts not included above | $2,035,275 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,188,879 |
Total Program Service Revenue | $1,077,663 |
Investment income | $8,512 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $58,500 |
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 | $4,333,554 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,840,645 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
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 | $0 |
Information technology | $0 |
Royalties | $43,719 |
Occupancy | $142 |
Travel | $28,794 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $128,051 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $304,369 |
Insurance | $141,440 |
All other expenses | $1,310,472 |
Total functional expenses | $4,233,713 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,513,152 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $17,154 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $270,200 |
Net Land, buildings, and equipment | $10,139,072 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $47,770 |
Other assets | $684,660 |
Total assets | $12,672,008 |
Accounts payable and accrued expenses | $1,251 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $2,631,495 |
Unsecured mortgages and notes payable | $149,552 |
Other liabilities | $1,694,286 |
Total liabilities | $4,476,584 |
Net assets without donor restrictions | $8,040,334 |
Net assets with donor restrictions | $155,090 |
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 | $12,672,008 |
Over the last fiscal year, we have identified 1 grants that Westcoast Black Theatre Troupe Of Florida Inc has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
Robert E Dods Family Foundation Longboat Key, FL PURPOSE: GENERAL OPERATIONS | $10,000 |
Beg. Balance | $309,167 |
Earnings | -$35,509 |
Admin Expense | $1,084 |
Net Contributions | $65,228 |
Grants | $22,563 |
Ending Balance | $315,239 |
Organization Name | Assets | Revenue |
---|---|---|
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 |
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 |
Savannah Music Festival Inc Savannah, GA | $2,910,137 | $2,078,517 |
Milagro Foundation Inc Delray Beach, FL | $1,748,813 | $1,736,017 |
Atlanta Music Project Inc Atlanta, GA | $5,585,624 | $4,188,962 |
International Fringe Festival Of Central Florida Inc Orlando, FL | $864,625 | $1,737,536 |
Friends Of The Lyric Inc Stuart, FL | $6,039,276 | $2,400,664 |