Compass Theater Inc
- Assets
- $45.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Petersburg, AK
- Founding
- 09/2010
- Data as of
- 12/2021
- EIN
- 92-0161818
Organization Overview
Compass Theater Inc is located in Petersburg, AK. The organization was established in 2010. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Compass Theater Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Compass Theater Inc generated $14.5k 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 (24.6%) each year. All expenses for the organization totaled $30.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (15.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO ENABLE HIGH SCHOLL GRADUATES TO BE EDUCATED IN THE ACTIVITES OF BUSINESS IN ORDER TO AVOID UNEMPLOYMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beverly Sierks President | 2 | $0 | |
Tiffany Perez Treasurer | 0 | $0 | |
Derek O'soup Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $106 |
| Total Program Service Revenue | $14,269 |
| Membership dues | $0 |
| Investment income | $95 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $14,470 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $10,991 |
| Professional fees and other payments to independent contractors | $2,715 |
| Occupancy, rent, utilities, and maintenance | $984 |
| Printing, publications, postage, and shipping | $200 |
| Other expenses | $15,773 |
| Total expenses | $30,663 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,760 |
| Other assets | $0 |
| Total assets | $45,667 |
| Total liabilities | $921 |
| Net assets or fund balances | $44,746 |
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