Shea Theater Arts Center Inc is located in Turners Falls, MA. The organization was established in 2016. 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 12/2021, Shea Theater Arts Center Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shea Theater Arts Center 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 12/2021, Shea Theater Arts Center Inc generated $246.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $114.8k during the year ending 12/2021. While expenses have increased by 7.1% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A PERFORMING ARTS AND COMMUNITY CENTER TO THE PUBLIC FOR EDUCATIONAL PURPOSES BY PROVIDING COMMUNITY BASED PROGRAMS OF ART, MUSIC AND THEATER PRODUCTION AND EVENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE A PERFORMING ARTS AND COMMUNITY CENTER TO THE PUBLIC FOR EDUCATIONAL PURPOSES BY PROVIDING COMMUNITY BASED PROGRAMS OF ART, MUSIC AND THEATER PRODUCTION AND EVENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Christopher Belmonte President | OfficerTrustee | 3 | $0 |
Joshua Goldman Treasurer | OfficerTrustee | 3 | $0 |
Christopher Mcinerney Director | Trustee | 3 | $0 |
Emily Lichter Director | Trustee | 2 | $0 |
Francia Wisnewski Director | Trustee | 2 | $0 |
Susan Lamonto Director | Trustee | 2 | $0 |
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 | $202,312 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $202,312 |
Total Program Service Revenue | $36,534 |
Investment income | $2 |
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 | $246,848 |
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 | $23,561 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $2,509 |
Payroll taxes | $3,535 |
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 | $1,434 |
Advertising and promotion | $2,047 |
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 | $7,342 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $18,779 |
Insurance | $4,609 |
All other expenses | $0 |
Total functional expenses | $114,845 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $161,589 |
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 | $236,523 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $398,112 |
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 | $83,973 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $83,973 |
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 | $314,139 |
Total liabilities and net assets/fund balances | $398,112 |
Over the last fiscal year, we have identified 1 grants that Shea Theater Arts Center Inc has recieved totaling $20,000.
Awarding Organization | Amount |
---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $20,000 |
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 |
American Repertory Theatre Cambridge, MA | $28,732,151 | $12,990,237 |
Signature Theatre Company New York, NY | $62,849,854 | $11,675,589 |
Playwrights Horizons Inc New York, NY | $27,151,743 | $13,749,281 |
Huntington Theatre Company Inc Boston, MA | $85,399,357 | $14,500,477 |
Manhattan Theatre Club Inc New York, NY | $95,784,807 | $15,978,594 |
Hartford Stage Company Hartford, CT | $23,293,519 | $12,254,112 |
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 |