Tower Theatre Foundation Inc

Organization Overview

Tower Theatre Foundation Inc is located in Bend, OR. The organization was established in 1998. 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 06/2022, Tower Theatre Foundation Inc employed 39 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tower Theatre Foundation 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 06/2022, Tower Theatre Foundation Inc generated $2.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $1.8m during the year ending 06/2022. While expenses have increased by 2.7% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO BE CENTRAL OREGON'S LEADING PERFORMING ARTS ORGANIZATION, PROVIDING CULTURAL & EDUCATION PROGRAMS THAT MAKE ESSENTIAL CONTRIBUTIONS TO THE REGION'S LIFESTYLE & STRENGTH OF COMMUNITY BY PROVIDING AN EXTRAORDINARY SPACE FOR PERFORMANCES, EDUCATION, CIVIC GATHERINGS & SOCIAL EVENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE THEATRE WAS UTILIZED FOR A WIDE VARIETY OF CULTURAL EVENTS DURING THE YEAR. 5% OF THE THEATRE'S LICENSEES WERE NONPROFIT ORGANIZATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Ray Solley
Executive Director
$103,936
Richard Gallio
Secretary
$0
Anthony Albertazzi
Chair
$0
Beverley Maul
Vice Chair
$0
Doug Oas
Treasurer
$0
Ed Irish
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$174,277
Fundraising events$0
Related organizations$0
Government grants $135,976
All other contributions, gifts, grants, and similar amounts not included above$1,124,950
Noncash contributions included in lines 1a–1f $1,148
Total Revenue from Contributions, Gifts, Grants & Similar$1,435,203
Total Program Service Revenue$1,038,339
Investment income $145
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 $2,473,687

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Tower Theatre Foundation Inc has recieved totaling $3,000.

Awarding OrganizationAmount
Bjb Charitable Account

Boulder, CO

PURPOSE: GENERAL FUND

$3,000
View Grant Recipient Profile

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