Liberty Theatre Company is located in Hailey, ID. 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 05/2023, Liberty Theatre Company employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Liberty Theatre Company 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 05/2023, Liberty Theatre Company generated $618.3k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $468.8k during the year ending 05/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE A LASTING HOME FOR INNOVATIVE THEATRE THAT TRANSPORTS, DELIGHTS, AND INSPIRES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR COMPANY OF STORYTELLERS HARNESSES THE ART OF LIVE PERFORMANCE FOR THE COMMUNITY. THROUGH ESTABLISHED PLAYS, NEW WORKS, AND DYNAMIC EDUCATIONAL PROGRAMMING, WE PROVIDE EXPERIENCES DESIGNED TO BRING ENRICHMENT TO ALL.
COMPANY ARTISTS PROVIDE SUPPORT AND TRAINING IN CLASSROOMS, SHARING THEIR EXPERIENCE AND KNOWLEDGE THAT COMES FROM WORKING PROFESSIONALLY IN THE THEATRE AND MUSIC INDUSTRY. THROUGH CREATIVE EXPLORATION AND INQUIRY, STUDENTS WILL USE THEIR IMAGINATION TO ENGAGE IN A RANGE OF THEATRE EXERCISES. LEARNING THROUGH PERFORMING OFFERS STUDENTS THE OPPORTUNITY TO COLLABORATE, THINK CRITICALLY, AND EXPLORE SELF AWARENESS. OUR ARTISTS HAVE SPENT YEARS INTEGRATING THEATRE ARTS INTO THE CLASSROOM ENVIRONMENT WHILE BUILDING A FOUNDATION OF SUPPORT FOR TEACHERS AND STUDENTS. USING THE EXPERTISE AND TIME DEDICATED BY OUR THEATRE-MAKERS, WE WORK HARD TO ENRICH LEARNING IN ELEMENTARY, MIDDLE, HIGH SCHOOL, AND BEYOND.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Claudia Mccain President | OfficerTrustee | 35 | $0 |
Jackie Cole Director | Trustee | 2 | $0 |
Thomas Andrews Vp/treasurer | OfficerTrustee | 2 | $0 |
Jane Rosen Secretary | OfficerTrustee | 4 | $0 |
Gwynn August Director | Trustee | 2 | $0 |
Joan Davies 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 | $557,268 |
Noncash contributions included in lines 1a–1f | $2,265 |
Total Revenue from Contributions, Gifts, Grants & Similar | $557,268 |
Total Program Service Revenue | $60,533 |
Investment income | $464 |
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 | $618,265 |
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 | $141,513 |
Pension plan accruals and contributions | $758 |
Other employee benefits | $5,191 |
Payroll taxes | $21,873 |
Fees for services: Management | $0 |
Fees for services: Legal | $520 |
Fees for services: Accounting | $4,693 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $51,838 |
Advertising and promotion | $42,300 |
Office expenses | $8,692 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $20,839 |
Travel | $7,941 |
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 | $1,349 |
All other expenses | $21,045 |
Total functional expenses | $468,763 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $467,728 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,673 |
Total assets | $471,401 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $5,053 |
Total liabilities | $5,053 |
Net assets without donor restrictions | $466,348 |
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 | $0 |
Total liabilities and net assets/fund balances | $471,401 |