State Theatre Association Of Larned Inc
- Assets
- $221.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Larned, KS
- Founding
- 03/2003
- Data as of
- 12/2021
- EIN
- 75-3005658
Organization Overview
State Theatre Association Of Larned Inc is located in Larned, KS. The organization was established in 2003. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. State Theatre Association Of Larned Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, State Theatre Association Of Larned Inc generated $72.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $86.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
OPERATION OF LOCAL MOVIE THEATRE. THE PRIOR OWNER CLOSED THE THEATRE AND IT WAS CLOSED FOR ABOUT TWO YEARS AND WAS FOR SALE. THERE WERE NO BUYERES INTERESTED IN IT. BEING A SMALL RURAL COMMUNITY WITH NO OTHER THEATRE IN THE COUNTY, A GROUP OF PARENTS ORGANIZED AND PURCHASED THE THEATRE AS A COMMUNITY IMPROVEMENT PROJECT TO PROVIDE A SAFE AND CONTROLLED PLACE FOR THE YOUTH ON THE WEEKENDS (FRIDAY, SATURDAY, SUNDAY AND MONDAY). ESTIMATED NUMBER OF INDIVIUDALS SERVED 10,065.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marti Smith Treasurer | 0 | $0 | |
Tami Keenan Board Member | 0 | $0 | |
Jim White President | 0 | $0 | |
Russell Linderer Secretary | 0 | $0 | |
Suzan Haynes Board Member | 0 | $0 | |
Art Riedel Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $71,835 |
| Membership dues | $0 |
| Investment income | $210 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $72,045 |
| 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 | $740 |
| Occupancy, rent, utilities, and maintenance | $32,159 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $53,257 |
| Total expenses | $86,156 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $69,922 |
| Other assets | $0 |
| Total assets | $221,054 |
| Total liabilities | $0 |
| Net assets or fund balances | $221,054 |
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