Cedar Summerstock Theater
- Assets
- $41.5k
- Revenue
- $218.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 08/2017
- Data as of
- 12/2021
- EIN
- 81-4718672
Organization Overview
Cedar Summerstock Theater is located in Minneapolis, MN. The organization was established in 2017. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, 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. Cedar Summerstock Theater 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, Cedar Summerstock Theater generated $218.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 18.0% each year . All expenses for the organization totaled $213.7k during the year ending 12/2021. While expenses have increased by 17.8% per year over the past 3 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
BRING QUALITY THEATER TO UNDERSERVED RURAL AREA AS WELL AS CREATING COMMUNITY TIES BETWEEN PRODUCTION STAFF AND LOCAL COMMUNITY MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
CEDAR SUMMERSTOCK THEATER ANNUALLY PRODUCES FOUR PERFORMANCES IN RURAL OSAGE, IOWA. IT MARKETS TO THE MITCHELL COUNTY AREA. SHOWS ARE DIRECTED BY PROFESSIONALS IN THE THEATER INDUSTRY, UTILIZING COLLEGE LEVEL ACTORS AND TECHNICIANS. THE PURPOSE IS TO BRING QUALITY THEATER TO UNDERSERVED RURAL AREAS, PROVIDE A MEANINGFUL EXPERIENCE FOR COLLEGE ACTORS AND TECHNICIANS, AND CREATE COMMUNITY TIES BETWEEN RURAL RESIDENTS AND THE COMPANY THAT PRODUCES THE SHOWS. WE TRY TO FOSTER A LOVE OF THE ARTS IN AN AREA THAT WOULD NOT OTHERWISE HAVE EXPOSURE. OUR REVENUES WERE SUBSTANTIALLY LOWER THIS YEAR DUE TO COVID AND WE WERE FORTUNATE TO RECEIVE GENEROUS GOVERNMENT GRANTS THAT ALLOWED US TO CONTINUE OUR SEASON.
PROVIDE A COMMUNITY THEATER CAMP. GRANT IS FROM THE CITY OF OSAGE, IA THE CAMP WAS TO EXPOSE LOCAL CHILDREN IN THE RURAL MITCHELL COUNTY AREA TO THE THEATER ARTS. COLLEGE LEVEL AND ONE PROFESSIONAL THEATER PERFORMERS CONDUCT A CAMP TO TEACH CHILDREN THE LOVE OF PERFORMANCE WHILE CONNECTING THE PERFORMERS FROM ALL AREAS OF THE COUNTRY TO THE RESIDENTS OF MITCHELL COUNTY IOWA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Lee Artistic Director | Officer | 40 | $18,000 |
Craig Johnson Artistatlarge | Trustee | 5 | $4,500 |
Karen Quinby Treasurer | Trustee | 5 | $0 |
Kathy Cima Chair | Trustee | 1 | $0 |
Margaret Berg Secretary | Trustee | 2 | $0 |
Anna Korinko Vicechair | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $154,631 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $154,631 |
| Total Program Service Revenue | $64,241 |
| 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 | $218,872 |
| 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. | $18,000 |
| Compensation of current officers, directors, key employees. | $9,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $74,850 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,654 |
| 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 | $596 |
| Advertising and promotion | $11,167 |
| Office expenses | $3,817 |
| Information technology | $0 |
| Royalties | $60 |
| Occupancy | $30,238 |
| Travel | $4,945 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $721 |
| Insurance | $1,219 |
| All other expenses | $1,246 |
| Total functional expenses | $213,675 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,122 |
| 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 | $4,329 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $41,451 |
| Accounts payable and accrued expenses | $2,776 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,776 |
| 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 | $38,675 |
| Total liabilities and net assets/fund balances | $41,451 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cedar Summerstock Theater has recieved totaling $10.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $10 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Springboard For The Arts Saint Paul, MN | $11,189,893 | $6,226,382 |
Irish Festivals Inc Wauwatosa, WI | $3,948,548 | $3,527,102 |
Penumbra Theatre Company Inc St Paul, MN | $11,072,613 | $11,767,246 |
Vermillion Development Company Vermillion, SD | $13,347,571 | $1,278,713 |
Great River Educational Arts Theatre Waite Park, MN | $2,124,043 | $1,298,564 |
Thelma Sadoff Center For The Arts Inc Fond Du Lac, WI | $5,501,310 | $863,155 |
The Cedar Cultural Center Inc Minneapolis, MN | $2,037,241 | $1,717,061 |
The Fitzgerald Theater Company St Paul, MN | $560 | $643,988 |
Echo Ministries Inc St Paul, MN | $978,838 | $1,341,066 |
Schauer Arts And Activities Center Inc Hartford, WI | $3,085,961 | $949,170 |
Fargo Theatre Management Corporation Fargo, ND | $1,892,050 | $869,304 |
Gatherings On The Green Inc Thiensville, WI | $404,938 | $799,351 |