Broadwater Productions Inc
- Assets
- $1.3m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 87
- Location
- Helena, MT
- Founding
- 09/1975
- Data as of
- 06/2021
- EIN
- 81-0357843
Organization Overview
Broadwater Productions Inc is located in Helena, MT. The organization was established in 1975. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Broadwater Productions Inc employed 87 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Broadwater Productions 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 06/2021, Broadwater Productions Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $767.7k during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO BRIGHTEN HELENA, MONTANA AND ELEVATE THE HUMAN SPIRIT THROUGH LIVE THEATRE AND THEATRE EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANDSTREET IS MONTANA'S PREMIERE COMMUNITY THEATRE WITH MORE THAN 45 YEARS OF CONTINUOUS SERVICE. SUSTAINED BY APPROXIMATELY 200 VOLUNTEERS FROM AN EXCEPTIONALLY TALENTED POPULATION, WE PRODUCE 8-10 PLAYS AND MUSICALS EACH SEASON IN A BEAUTIFULLY PRESERVED 200-SEAT TURN-OF-THE-CENTURY ROMANESQUE GRANITE CHURCH. PERFORMANCES TYPICALLY BRING APPROXIMATELY 21,000 IN TOTAL ATTENDANCE PER YEAR. NESTLED AT THE BASE OF THE ROCKY MOUNTAINS IN A SMALL BUT THRIVING ARTS COMMUNITY, GRANDSTREET ENJOYS TREMENDOUS PUBLIC SUPPORT AND REGULARLY PRODUCES SOME OF THE BEST LIVE THEATRE IN THE NORTHWEST. WE BOAST A MEMBERSHIP ROSTER OF 1,000-1,200 PEOPLE. DURING THE COVID-19 PANDEMIC WE CLOSED THE THEATRE AND CANCELED SHOWS THROUGH 2020 AND INTO 2021. ONLINE PERFORMANCES WERE ADDED TO THE REPERTOIRE TO PROVIDE SHOWS DURING THE PANDEMIC. WE PRODUCED PERFORMANCES FOR APPROXIMATELY 4,800 ATTENDEES DURING THE YEAR.
GRANDSTREET THEATRE SCHOOL IS WIDELY REGARDED AS ONE OF THE FINEST AFTER-SCHOOL THEATRE PROGRAMS OF ITS KIND ANYWHERE IN THE COUNTRY. OUR DIRECTOR OF EDUCATION MARIANNE ADAMS IN 2015 WAS SELECTED BY THE AMERICAN THEATRE WING AS ONE OF THE TOP THREE THEATRE EDUCATORS IN THE UNITED STATES AND WAS CONSIDERED A TONY NOMINEE IN THE FIRST YEAR OF THEIR DISTINGUISHED THEATRE EDUCATOR TONY AWARD. SHE WAS ALSO RECENTLY AWARDED THE FREDDY GERSHON FELLOWSHIP, AN AWARD FROM MUSIC THEATRE INTERNATIONAL FOR OUTSTANDING THEATRE EDUCATION LEADERSHIP. OUR THEATRE SCHOOL HAS GARNERED TOP AWARDS AT THE NATIONAL JUNIOR THEATRE FESTIVAL FOR THE LAST THREE YEARS. OUR THEATRE SCHOOL IS MORE THAN 35 YEARS OLD AND REGULARLY ENROLLS MORE THAN 350 ATTENDEES EACH SCHOOL YEAR.THE THEATRE SCHOOL RECEIVED A $40,000 GRANT TO ADD A CLASSROOM PROJECT TO ITS PROGRAM SERVICES TO HELP PROVIDE EDUCATIONAL SPACE AND TUTORING FOR STUDENTS DOING ONLINE LEARNING DURING THE COVID-19 PANDEMIC.
GRANDSTREET SUMMER THEATRE SCHOOL IS A 35-YEAR TRADITION THAT IS ATTENDED BY MORE THAN 270 STUDENTS EACH YEAR. THE SUMMER FACULTY IS COMPRISED OF PROFESSIONAL ACTOR/TEACHERS WHO PERFORM IN OUR SUMMER SEASON AND TEACH CLASSES FOR OUR CAMP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kal Poole Managing Director | Officer | 40 | $56,186 |
Perri May President | OfficerTrustee | 1 | $0 |
Jen Davis Vice President | OfficerTrustee | 1 | $0 |
Karen Zackheim Secretary | OfficerTrustee | 1 | $0 |
Linsay Carlson Treasurer | OfficerTrustee | 1 | $0 |
Dean Mack Past President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $799 |
| Membership dues | $32,150 |
| Fundraising events | $119,080 |
| Related organizations | $0 |
| Government grants | $430,460 |
| All other contributions, gifts, grants, and similar amounts not included above | $196,820 |
| Noncash contributions included in lines 1a–1f | $7,436 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $779,309 |
| Total Program Service Revenue | $369,578 |
| Investment income | $3,765 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $24,600 |
| Net Gain/Loss on Asset Sales | $1,334 |
| Net Income from Fundraising Events | -$13,127 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,165,459 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $31,687 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $55,413 |
| Compensation of current officers, directors, key employees. | $38,789 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $362,803 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $18,416 |
| Payroll taxes | $35,393 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,095 |
| Advertising and promotion | $1,808 |
| Office expenses | $39,735 |
| Information technology | $0 |
| Royalties | $14,675 |
| Occupancy | $67,150 |
| Travel | $4,748 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $403 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $35,058 |
| Insurance | $12,331 |
| All other expenses | $0 |
| Total functional expenses | $767,708 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $706,948 |
| Savings and temporary cash investments | $136,600 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $49,333 |
| 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 | $55,756 |
| Net Land, buildings, and equipment | $228,068 |
| Investments—publicly traded securities | $137,921 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,314,626 |
| Accounts payable and accrued expenses | $78,094 |
| Grants payable | $0 |
| Deferred revenue | $257,691 |
| 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 | $110,826 |
| Other liabilities | $0 |
| Total liabilities | $446,611 |
| Net assets without donor restrictions | $804,079 |
| Net assets with donor restrictions | $63,936 |
| 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 | $1,314,626 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Broadwater Productions Inc has recieved totaling $10,236.
| Awarding Organization | Amount |
|---|---|
Montana Community Foundation Inc Helena, MT PURPOSE: 2021 ANNUAL DISTRIBUTION | $10,137 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $99 |
Endowment Analysis
| Beg. Balance | $52,338 |
| Earnings | $11,148 |
| Net Contributions | $450 |
| Ending Balance | $63,936 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mct Inc Missoula, MT | $5,451,347 | $4,816,315 |
Idaho Shakespeare Festival Inc Boise, ID | $8,329,786 | $2,964,259 |
Northern Prairie Performing Arts Fargo, ND | $4,316,249 | $3,798,008 |
Boise Contemporary Theater Inc Boise, ID | $1,894,253 | $1,029,010 |
Black Hills Playhouse Inc Rapid City, SD | $2,223,287 | $1,467,369 |
Alpine Theatre Project Inc Whitefish, MT | $92,577 | $848,953 |
Broadwater Productions Inc Helena, MT | $1,314,626 | $1,165,459 |
Sioux Falls State Theatre Company Sioux Falls, SD | $8,341,644 | $690,412 |
Sioux Empire Community Theatre Inc Sioux Falls, SD | $574,330 | $741,311 |
Montana Theatreworks Inc Bozeman, MT | $2,588,570 | $1,183,998 |
Alberta Bair Theater Corporation Billings, MT | $18,498,510 | $1,893,054 |
Off Square Theatre Company Jackson, WY | $301,646 | $526,987 |