Creede Repertory Theatre Inc
- Assets
- $3.7m
- Revenue
- $1.6m
- Investments
- $134.9k
- Employees
- 69
- Location
- Creede, CO
- Founding
- 02/1974
- Data as of
- 10/2023
- EIN
- 84-0660026
Organization Overview
Creede Repertory Theatre Inc is located in Creede, CO. The organization was established in 1974. 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 10/2023, Creede Repertory Theatre Inc employed 69 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Creede Repertory Theatre 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 10/2023, Creede Repertory Theatre Inc generated $1.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $1.9m during the year ending 10/2023. While expenses have increased by 3.1% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
FROM ITS ROCKY MOUNTAIN ROOTS, CREEDE REPERTORY THEATRE SERVES AS AN ARTISTIC HOME TO OUR RURAL COMMUNITY AND BEYOND, THROUGH THE CREATION OF REPERTORY SEASONS, DYNAMIC EDUCATIONAL PROGRAMS, AND COMPELLING NEW WORKS.
Describe the Organization's Program Activity:
CREEDE REPERTORY THEATRE (CRT) IS A CULTURAL HOME FOR ARTISTS, RESIDENTS, AND VISITORS OF THE WEST. CRT IS COMMITTED TO PRODUCING AN ANNUAL REPERTORY SEASON COMPRISED OF THE BEST OF CONTEMPORARY AND CLASSIC THEATRE FROM MAY THROUGH SEPTEMBER; PROVIDING EQUITABLE ACCESS TO ARTS EDUCATION FOR STUDENTS IN RURAL AND REMOTE COMMUNITIES; AND DEVELOPING NEW THEATRICAL WORKS THROUGH THE HEADWATERS NEW PLAY PROGRAM. CRT IS THE LARGEST EMPLOYER IN MINERAL COUNTY AND A MAJOR COMPONENT OF ITS ECONOMY. CRT PERFORMANCES AND EDUCATIONAL OPPORTUNITIES ARE MADE ACCESSIBLE TO THE PUBLIC THROUGH FREE PROGRAMMING TO CREEDE CHILDREN AND DISCOUNTS FOR RESIDENTS OF THE SAN LUIS VALLEY. CRT'S EDUCATION PROGRAMS INCLUDE FREE FRIDAY DAY CAMPS; AN IN-SCHOOL RESIDENCY; THE YOUNG AUDIENCE OUTREACH TOUR, AN ORIGINAL BILINGUAL MUSICAL WHICH IMPACTS OVER 32,000 STUDENTS ACROSS THE SOUTHWESTERN UNITED STATES EACH YEAR; KID SHOW, A PROFESSIONAL MENTORSHIP PROGRAM; SUMMER CAMPS; AND COMMUNITY OUTREACH EFFORTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Diantonio Producing Ar | Officer | 40 | $64,062 |
Morgan Manfredi Managing Dir | Officer | 40 | $57,500 |
Robert Johns President | OfficerTrustee | 2 | $0 |
Kristy Robinson Immed Past P | OfficerTrustee | 2 | $0 |
David E Creasey VP Of Financ | OfficerTrustee | 2 | $0 |
Joe Ford VP Board Dev | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $24,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $836,888 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $861,388 |
| Total Program Service Revenue | $681,135 |
| Investment income | $12,077 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,327 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $7,797 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $32,678 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,603,334 |
| 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. | $147,690 |
| Compensation of current officers, directors, key employees. | $20,677 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $818,797 |
| Pension plan accruals and contributions | $11,582 |
| Other employee benefits | $70,507 |
| Payroll taxes | $81,754 |
| 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 | $20,293 |
| Fees for services: Other | $166,900 |
| Advertising and promotion | $83,182 |
| Office expenses | $33,363 |
| Information technology | $0 |
| Royalties | $47,682 |
| Occupancy | $162,174 |
| Travel | $63,241 |
| 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 | $0 |
| Insurance | $49,321 |
| All other expenses | $9,223 |
| Total functional expenses | $1,911,514 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $80,500 |
| Savings and temporary cash investments | $4,203 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $27,068 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $25,740 |
| Prepaid expenses and deferred charges | $42,618 |
| Net Land, buildings, and equipment | $2,125,813 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $134,885 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,283,498 |
| Total assets | $3,724,325 |
| Accounts payable and accrued expenses | $30,404 |
| Grants payable | $0 |
| Deferred revenue | $40,346 |
| 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 | $70,750 |
| Net assets without donor restrictions | $2,613,738 |
| Net assets with donor restrictions | $1,039,837 |
| 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 | $3,724,325 |