Area Community Theatre Of Sharpsville
- Assets
- $602.7k
- Revenue
- $440.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Sharpsville, PA
- Founding
- 07/2012
- Data as of
- 12/2022
- EIN
- 80-0653272
Organization Overview
Area Community Theatre Of Sharpsville is located in Sharpsville, PA. The organization was established in 2012. According to its NTEE Classification (A65) the organization is classified as: Theater, 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. Area Community Theatre Of Sharpsville 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, Area Community Theatre Of Sharpsville generated $440.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 26.1% each year . All expenses for the organization totaled $289.5k during the year ending 12/2022. While expenses have increased by 24.6% per year over the past 8 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
PROVIDE COMMUNITY THEATRE ACTIVITIES FOR THE RESIDENTS OF THE SHENANGO VALLEY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESENTATION OF ALWAYS PATSY CLINE AS A DINNER THEATER TO SOLD OUT AUDIENCES IN APRIL OF 2022.
OCTOBER 2022. PRESENTED ACTS GRAND OPENING. THIS WAS A GRAND OPENING OF OUR NEWLY RENOVATED THEATER SPACE IN A FORMER CHURCH. THE SHOW HIGHLIGHTED SONGS FROM MUSICALS FROM OUR PAST 11 SEASONS.
IN DECEMBER 2022 PERFORMED HOMETOWN CHRISTMAS CLASSICS, FEATURING CHRISTMAS SONGS FROM THE 1940'S AND 1950'S
DURING 2022, WE CONTINUED ALLOWING OTHER LOCAL ARTISTS TO USE OUR PERFORMANCE SPACE. A LOCAL IMPROV COMEDY GROUP AS WELL AS SEVERAL LOCAL BANDS UTILIZED THE SPACE. WE ALSO HAD AN OPEN MIC NIGHT AND PRESENTED THE MOTION PICTURE ROCKY HORROR PICTURE SHOW. WE HAD AN ARTS ADVENTURE CAMP FOR STUDENTS AS WELL AS VOCAL WORKSHOPS FOR ADULTS AND STUDENTS. WE WERE ALSO ABLE TO PUT ON A MASTER CLASS FOR SHARON HIGH SCHOOL STUDENTS FEATURING A CAST MEMBER FROM THE TOURING COMPANY OF HAMILTON. DURING THE SHOW RUN IN PITTSBURGH, A CAST MEMBER TOOK AN AFTERNOON AND CAME TO SHARON. WE ALSO DID A COLLABORATIVE PROJECT WITH STUDENTS FROM GREENVILLE HIGH SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Nelson Board Member | Trustee | 20 | $0 |
Bob Bibler Board Member | Trustee | 20 | $0 |
Miriam Necastro Board Member | Trustee | 20 | $0 |
Anita Perman Board Member | Trustee | 20 | $0 |
Robert Rannard Board Member | Trustee | 20 | $0 |
Justin Ray Board Member | Trustee | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $225,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $111,875 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $336,875 |
| Total Program Service Revenue | $103,317 |
| Investment income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $440,192 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $111 |
| 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 | $5,426 |
| Office expenses | $9,785 |
| Information technology | $2,299 |
| Royalties | $0 |
| Occupancy | $21,191 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $6,188 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,845 |
| Insurance | $6,852 |
| All other expenses | $0 |
| Total functional expenses | $289,502 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,457 |
| Savings and temporary cash investments | $121,099 |
| 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 | $462,113 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $602,669 |
| 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 | $295,159 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $295,159 |
| 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 | $307,510 |
| Total liabilities and net assets/fund balances | $602,669 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Area Community Theatre Of Sharpsville has recieved totaling $56,157.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Western Pennsylvania And Eastern Ohio Sharon, PA PURPOSE: PROGRAM SUPPORT | $33,778 |
Community Foundation Of Western Pennsylvania And Eastern Ohio Sharon, PA PURPOSE: PROGRAM SUPPORT | $22,183 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $155 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $41 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New York Shakespeare Festival New York, NY | $141,889,359 | $47,421,313 |
Fractured Atlas Inc New York, NY | $26,189,611 | $36,358,780 |
Roundabout Theatre Company Inc New York, NY | $173,392,210 | $30,369,133 |
Vivian Beaumont Theater Inc New York, NY | $199,499,593 | $19,952,200 |
Signature Theatre Company New York, NY | $62,849,854 | $11,675,589 |
Playwrights Horizons Inc New York, NY | $27,151,743 | $13,749,281 |
Cincinnati Playhouse In The Park Cincinnati, OH | $58,282,641 | $17,194,907 |
Manhattan Theatre Club Inc New York, NY | $95,784,807 | $15,978,594 |
Stella Adler Studio Of Acting New York, NY | $5,616,573 | $9,953,377 |
Storyville Center For The Spoken Word Inc New York, NY | $12,362,100 | $12,256,751 |
Second Stage Theatre New York, NY | $62,708,833 | $8,654,071 |
Olney Theatre Corporation Olney, MD | $19,570,202 | $9,983,104 |