Pentacle Theatre Inc
- Assets
- $3.2m
- Revenue
- $620.1k
- Investments
- $0.0
- Employees
- 7
- Location
- Salem, OR
- Founding
- 08/1960
- Data as of
- 12/2023
- EIN
- 93-0513552
Organization Overview
Pentacle Theatre Inc is located in Salem, OR. The organization was established in 1960. 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 12/2023, Pentacle Theatre Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pentacle 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 12/2023, Pentacle Theatre Inc generated $620.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $638.4k during the year ending 12/2023. While expenses have increased by 2.5% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PRODUCTION AND PRESENTATION OF THEATRE PERFORMANCES THROUGH THE PRESENTATION OF MULTIPLE PRODUCTIONS OF SERVERAL PLAYS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRODUCTION AND PRESENTATION OF THEATRE PERFORMANCES THROUGH THE PRESENTATION OF MULTIPLE PRODUCTIONS OF SEVERAL PLAYS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erik Davis Board Member | Trustee | 5 | $0 |
Emma Thurston President | OfficerTrustee | 5 | $0 |
Bruce Thompson Treasurer | OfficerTrustee | 5 | $0 |
Katie Lindbeck Vice President | OfficerTrustee | 5 | $0 |
Kelli Jaecks Secretary | OfficerTrustee | 5 | $0 |
Kaelyn Kappes Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $4,110 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $212,216 |
| Noncash contributions included in lines 1a–1f | $20,147 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $216,326 |
| Total Program Service Revenue | $387,321 |
| Investment income | $14,031 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,443 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $620,121 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $6,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $61,053 |
| Compensation of current officers, directors, key employees. | $61,053 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $141,426 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $21,182 |
| Payroll taxes | $16,531 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $920 |
| Fees for services: Accounting | $1,625 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $8,580 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $578 |
| Advertising and promotion | $29,198 |
| Office expenses | $27,453 |
| Information technology | $5,531 |
| Royalties | $39,487 |
| Occupancy | $51,008 |
| Travel | $136 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $458 |
| Interest | $2,801 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $12,673 |
| All other expenses | $17,507 |
| Total functional expenses | $638,390 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $318,816 |
| Savings and temporary cash investments | $463,734 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $206 |
| 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 | $65,140 |
| Net Land, buildings, and equipment | $2,375,887 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $20,447 |
| Total assets | $3,244,230 |
| Accounts payable and accrued expenses | $59,918 |
| Grants payable | $0 |
| Deferred revenue | $194,368 |
| 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 | $44,678 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $20,447 |
| Total liabilities | $319,411 |
| Net assets without donor restrictions | $2,924,819 |
| 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 | $3,244,230 |