Childrens Theatre Foundation
- Assets
- $1.4m
- Revenue
- $52.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Greensboro, NC
- Founding
- 01/1964
- Data as of
- 12/2021
- EIN
- 84-6036093
Organization Overview
Childrens Theatre Foundation is located in Greensboro, NC. The organization was established in 1964. According to its NTEE Classification (A19) the organization is classified as: Support N.E.C., 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. Childrens Theatre Foundation 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, Childrens Theatre Foundation generated $52.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $90.4k 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
THE FOUNDATION PURSUES ITS GOALS BY FUNDING PROPOSALS OF AMERICAN THEATRES, ARTISTS, SCHOLARS, AND SPECIAL PROJECTS OF NATIONAL IMPORTANCE TO THE FIELD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDERS' FUND GRANTS AND AWARDS HAVE FOCUSED ON PROJECTS OF NATIONAL SIGNIFICANCE: DEVELOPING THE VISION AND TALENTS OF ARTISTS AND EDUCATORS IN THE FIELD, ENCOURAGING THE DEVELOPING OF BOLD PLAYWRIGHTS, AND HELPING TO BUILD ARTISTRY IN THE FIELD OF THEATRE FOR YOUNG AUDIENCES.
COHEN GRANTS ARE DESIGNED TO ENCOURAGE AND SUPPORT EXCEPTIONAL PROGRAMS AT NATIONAL THEATRE CONFERENCES.
MEDALLION AWARD HONORS RECIPIENTS FOR THEIR SIGNIFICANT ACHIEVEMENTS FOR THE ENRICHMENT OF CHILDREN IN THE UNITED STATES AND CANADA THROUGH NURTURING ARTISTIC WORK IN THEATRE AND THE ARTS.
HARRIS GRANTS AWARDS FELLOWSHIPS FOR ARTISTS SERVING YOUNG PEOPLE AND GRANTS FOR SMALL TO MID-SIZE NON-PROFIT THEATRES FOR YOUNG AUDIENCES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan L Zeder President | OfficerTrustee | 1 | $0 |
Mina Halliday Casmir Vp-Grants | OfficerTrustee | 1 | $0 |
Susan Wood Vp-Fundraising | OfficerTrustee | 1 | $0 |
Marilee Hebert Miller Vp-Communications | OfficerTrustee | 1 | $0 |
Moses Goldberg Treasurer | OfficerTrustee | 1 | $0 |
Gayle Sergel Brown Vp-Awards | OfficerTrustee | 1 | $0 |
Financial Statements
| 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 | $29,085 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,085 |
| Total Program Service Revenue | $0 |
| Investment income | $23,403 |
| 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 | $52,488 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $23,250 |
| Grants and other assistance to domestic individuals. | $27,400 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,958 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $20,691 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $1,347 |
| 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 | $14,335 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $698 |
| All other expenses | $0 |
| Total functional expenses | $90,404 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,809 |
| Savings and temporary cash investments | $68,486 |
| 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 | $0 |
| Investments—publicly traded securities | $1,333,680 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,420,975 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $1,000 |
| 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 | $1,000 |
| 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 | $1,419,975 |
| Total liabilities and net assets/fund balances | $1,420,975 |
Grants Awarded
Over the last fiscal year, Childrens Theatre Foundation has awarded $19,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: REIMAGINE GRANT AND SUPPORT OF 2021 VIRTUAL CONFERENCE | $11,000 |
Bethesda, MD PURPOSE: FOUNDERS FUND GRANT | $8,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Childrens Theatre Foundation has recieved totaling $69,364.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Greater Greensboro Inc Greensboro, NC PURPOSE: GENERAL SUPPORT | $61,759 |
Bny Mellon Charitable Gift Fund Boston, MA PURPOSE: TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | $7,500 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $100 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Endowment Analysis
| Beg. Balance | $1,260,975 |
| Earnings | $155,155 |
| Admin Expense | $20,691 |
| Other Expense | $5,009 |
| Grants | $56,750 |
| Ending Balance | $1,333,680 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alternate Roots Inc Atlanta, GA | $12,015,779 | $10,143,317 |
South Carolina Architectural Foundation Columbia, SC | $144,849 | $0 |
A Space To Soar Inc Atlanta, GA | $8,626,385 | $336,575 |
Georgia Press Educational Foundation Inc Avondale Estates, GA | $2,211,491 | $238,821 |
The Marionette Theater Of South Carolina Columbia, SC | $248,470 | $246,411 |
North Carolina Presenters Consortium Cary, NC | $175,243 | $0 |
Childrens Theatre Foundation Greensboro, NC | $1,420,975 | $52,488 |
The Downtown Dream Machine Memphis, TN | $318,252 | $0 |
River Arts District Artists Inc Asheville, NC | $60,962 | $90,630 |
Preserve Lindsley Avenue Now Inc Nashville, TN | $22,648 | $0 |
Cag Community Support Corporation Dalton, GA | $7,077 | $0 |
Storytelling Resource Place Jonesborough, TN | $5,591 | $0 |