Logan Theater Inc is located in Logan, OH. The organization was established in 2019. According to its NTEE Classification (C19) the organization is classified as: Support N.E.C., under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Logan Theater 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, Logan Theater Inc generated $719.9k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $120.7k during the year ending 12/2021. 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 ADVANCE PUBLIC EDUCATION BY OPERATING AND MAINTAINING THE HISTORIC THEATER BUILDING IN DOWNTOWN LOGAN, OHIO; TO PROVIDE EDUCATIONAL TOURS OF THE FACILITY TO THE GENERAL PUBLIC; AND TO PROVIDE EDUCATIONAL OPPORTUNITIES TO THE YOUTH RESIDING IN THE LOGAN, OHIO AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James Martin President | Officer | 5 | $0 |
Joyce Gerstner Treasurer | Officer | 10 | $0 |
Stacy Gabriel Secretary | Officer | 3 | $0 |
Sheila Wolfe Executive Director | Officer | 35 | $0 |
Larry Gerstner Director | Trustee | 1 | $0 |
Therese Karnes Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $401,639 |
All other contributions, gifts, grants, and similar amounts not included above | $318,225 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $719,864 |
Total Program Service Revenue | $0 |
Investment income | $14 |
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 | $719,878 |
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. | $21,623 |
Compensation of current officers, directors, key employees. | $21,623 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $1,301 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $790 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $681 |
Advertising and promotion | $5,641 |
Office expenses | $6,033 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $5,759 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $16,990 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $38,734 |
Insurance | $5,041 |
All other expenses | $0 |
Total functional expenses | $120,749 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $24,592 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $376,614 |
Accounts receivable, net | $753 |
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 | $1,468,076 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $443 |
Total assets | $1,870,478 |
Accounts payable and accrued expenses | $42,946 |
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 | $423,206 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $466,152 |
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 | $1,404,326 |
Total liabilities and net assets/fund balances | $1,870,478 |
Over the last fiscal year, we have identified 3 grants that Logan Theater Inc has recieved totaling $72,261.
Awarding Organization | Amount |
---|---|
Hocking Hills Tourism Association Logan, OH PURPOSE: MARQUEE AND MARKETIN | $62,245 |
Logan Holl Foundation Logan, OH PURPOSE: DONATION | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $16 |
Organization Name | Assets | Revenue |
---|---|---|
Fractracker Alliance Johnstown, PA | $545,303 | $1,114,121 |
Friends Of Norway Norway, MI | $1,865 | $300,855 |
Pure Oakland Water Waterford, MI | $83,216 | $89,865 |
Logan Theater Inc Logan, OH | $1,870,478 | $719,878 |
Hope In The Hills Incorporated Huntington, WV | $109,251 | $0 |
Pittsburgh Earth Day Pittsburgh, PA | $72,465 | $0 |
Greenforge Inc Greensburg, PA | $49,235 | $0 |
Mahoning County Conservation Foundation Inc Youngstown, OH | $151,576 | $31,378 |
Schoenfeld Family Foundation Chalfont, PA | $175,547 | $77,617 |
Mobile Air Conditioning Society Education Institute And Foundation Lansdale, PA | $83,445 | $0 |