New Theatre Guild Scholarship Foundation
- Assets
- $897.7k
- Revenue
- $75.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Overland Park, KS
- Founding
- 10/1997
- Data as of
- 12/2022
- EIN
- 74-2850567
Organization Overview
New Theatre Guild Scholarship Foundation, operating under the name Fund Fka The New Theatre Guild, is located in Overland Park, KS. The organization was established in 1997. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., 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. Fund Fka The New Theatre Guild 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 12/2022, Fund Fka The New Theatre Guild generated $75.5k 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 (20.1%) each year. All expenses for the organization totaled $74.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Fund Fka The New Theatre Guild has awarded 12 individual grants totaling $153,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ENABLE STATE-SUPPORTED UNIVERSITIES TO PROVIDE COLLEGE SCHOLARSHIPS TO THEATRE STUDENTS. GRANTS ARE MADE TO K-STATE UNIV, KS UNIVERSITY, UNIVERSITY OF CENTRAL MO, AND UNIVERSITY OF MISSOURI AT KC, FOR SCHOLARSHIPS FOR STUDENTS MAJORING IN THEATRE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS ARE MADE ANNUALLY TO K-STATE UNIVERSITY, KANSAS UNIVERSITY, UNIVERSITY OF CENTRAL MISSOURI, AND UNIVERSITY OF MISSOURI AT KANSAS CITY TO BE USED FOR SCHOLARSHIPS FOR STUDENTS MAJORING IN THEATRE. THE GRANTS WERE MADE DURING THE MONTH OF FEBRUARY.
THE ORGANIZATION CONDUCTED BENEFIT EVENTS DURING THE YEAR THAT GENERATED REVENUES FOR SCHOLARSHIPS.
THE ORGANIZATION CONDUCTS A DERBY EVENT AT TIMES TO GENERATE REVENUES TO BE USED FOR SCHOLARSHIPS. NO DERBY EVENT WAS CONDUCTED DURING THE CURRENT YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judy Horn Scholarship Chair | Trustee | 5 | $0 |
Irwin Herrero Public Relations Chair | Trustee | 5 | $0 |
David Shook Social Mediacommunications C | Trustee | 5 | $0 |
Seth Mcclintock Hospitality Chair | Trustee | 5 | $0 |
Irwin Herrero Membership Chair | Trustee | 5 | $0 |
Alicelee Hollister Publications Chair | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $4,690 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,910 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,600 |
| Total Program Service Revenue | $16,743 |
| Investment income | $19,176 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $24,219 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $75,515 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $51,000 |
| 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 | $0 |
| 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 | $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 | $0 |
| All other expenses | $18,613 |
| Total functional expenses | $74,716 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,210 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $876,496 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $897,706 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $897,706 |
| Total liabilities and net assets/fund balances | $897,706 |
Grants Awarded
Over the last fiscal year, New Theatre Guild Scholarship Foundation has awarded $51,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF CENTRAL MISSOURI PURPOSE: SCHOLARSHIPS FOR THEATRE MAJORS | $15,000 |
UNIVERSITY OF MISSOURI AT KC PURPOSE: SCHOLARSHIPS FOR THEATRE MAJORS | $15,000 |
KANSAS UNIVERSITY PURPOSE: SCHOLARSHIPS FOR THEATRE MAJORS | $15,000 |
KANSAS STATE UNIVERSITY PURPOSE: SCHOLARSHIPS FOR THEATRE MAJORS | $6,000 |