Skit Guys Inc
- Assets
- $437.5k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 38
- Location
- Edmond, OK
- Founding
- 08/2001
- Data as of
- 12/2023
- EIN
- 75-2853992
Organization Overview
Skit Guys Inc, operating under the name Skit Guys, is located in Edmond, OK. The organization was established in 2001. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2023, Skit Guys employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Skit Guys 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 12/2023, Skit Guys generated $1.5m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $1.7m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SHARE THE GOSPEL OF CHRIST IN AN EFFECTIVE MANNER THROUGH THE USE OF DRAMA/SKITS PERFORMED IN VARIOUS VENUES INCLUDING, BUT NOT LIMITED TO, CHURCHES, CONFERENCES AND CAMP SETTINGS. THEY ALSO PRODUCE SHORT FILMS THAT ARE USED IN CHURCHES AND SMALL GROUPS, AND ARE SHOWN ON TELEVISION AND VARIOUS SOCIAL MEDIA PLATFORMS.
Describe the Organization's Program Activity:
THE SKIT GUYS SHARED THE MESSAGE OF THE GOSPEL BY PERFORMING LIVE TO OVER 40,000 PEOPLE IN 26 VENUES AROUND THE U.S. IN 2023. THEY ALSO CONTINUED SOCIAL MEDIA ENGAGEMENT, REACHING POTENTIALLY MILLIONS OF PEOPLE. THE SKIT GUYS MINISTRY ALSO PRODUCED 25 SHORT FILMS IN 2023. THESE FAITH-BASED RESOURCES ARE SHARED FOR PUBLIC USE ON SOCIAL MEDIA, AND ARE ALSO AVAILABLE FOR CHURCHES, SMALL GROUPS, INDIVIDUALS, ETC. TO USE IN HELPING COMMUNICATE THE GOSPEL OF CHRIST. THEY INCLUDE SUCH THEMES AS LENT, EASTER, MOTHER'S DAY, FATHER'S DAY, BACK TO SCHOOL, VETERAN'S DAY, THANKSGIVING, CHRISTMAS AND MANY OTHERS. OUR RESEARCH SHOWS THAT IN TERMS OF CHURCHES ALONE IN 2023, OUR VIDEOS WERE VIEWED BY AT LEAST 10 MILLION PEOPLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eddie James Vice Pres/di | OfficerTrustee | 40 | $134,762 |
Tommy Woodard President/di | OfficerTrustee | 40 | $128,541 |
Jay Howver COO | Officer | 40 | $86,000 |
Angie Woodard CFO | Officer | 40 | $42,625 |
Grant Byrd Director | Trustee | 1 | $0 |
Bob Johns Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,859 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,859 |
| Total Program Service Revenue | $220,850 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $89,146 |
| 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 | $1,146,212 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,470,805 |
| 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. | $561,930 |
| Compensation of current officers, directors, key employees. | $170,251 |
| Compensation to disqualified persons | $49,193 |
| Other salaries and wages | $327,734 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $19,890 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,435 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $35,004 |
| Advertising and promotion | $94,454 |
| Office expenses | $25,016 |
| Information technology | $153,040 |
| Royalties | $321,413 |
| Occupancy | $13,537 |
| Travel | $72,247 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,403 |
| Interest | $4,340 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,724 |
| Insurance | $24,358 |
| All other expenses | $0 |
| Total functional expenses | $1,725,552 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $412,035 |
| 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 | $21,517 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,996 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $437,548 |
| Accounts payable and accrued expenses | $31,832 |
| 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 | $144,428 |
| Other liabilities | $0 |
| Total liabilities | $176,260 |
| Net assets without donor restrictions | $261,288 |
| 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 | $437,548 |