Very Little Theater Inc
- Assets
- $2.1m
- Revenue
- $495.4k
- Investments
- $59.2k
- Employees
- 1
- Location
- Eugene, OR
- Founding
- 03/1936
- Data as of
- 06/2022
- EIN
- 93-6025357
Organization Overview
Very Little Theater Inc is located in Eugene, OR. The organization was established in 1936. 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. Very Little Theater 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, Very Little Theater Inc generated $495.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $178.8k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE VERY LITTLE THEATRE (VLT) IS A DIVERSE, COMMUNITY-BASED VOLUNTEER ORGANIZATION THAT ENTERTAINS, EDUCATES, AND INSPIRES THROUGH THEATRE. FOUNDED IN 1929, VLT PRODUCES 5 MAIN STAGE SHOWS IN ITS 200-SEAT THEATER AND 2 SMALLER PRODUCTIONS IN ITS 70-SEAT BLACK BOX THEATER. THROUGH ITS COMMUNITY PROJECTS-BASED PROGRAMS, MINORITY VOICES THEATRE AND READERS THEATRE PLAYERS, VLT PRODUCES ADDITIONAL STAGED READINGS AND PERFORMANCES BOTH AT VLT AND THROUGHOUT THE COMMUNITY. HUNDREDS OF VOLUNTEERS OF ALL AGES AND FROM ALL EXPERIENCE LEVELS ARE ENGAGED IN THE ART OF THEATRE TO GROW AND LEARN AND CONNECT AS A COMMUNITY. AS WE RETURN TO IN PERSON PERFORMANCES AFTER THE PANDEMIC SHUT DOWN FOLLOWED BY AN EXTENSIVE REMODEL, VLT IS RE-ENGAGING ITS PATRONS AND SEASON SUBSCRIBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN THE 2021-22 FISCAL YEAR: PRODUCED 9 VIRTUAL THEATRE PRODUCTIONS AVAILABLE FOR FREE VIA YOUTUBE ENGAGING APPROXIMATELY 30 VOLUNTEERS. ONLINE PRODUCTIONS RECEIVED 1,503 VIEWS. PRODUCED ONE LIVE OUTDOOR PRODUCTION WITH 2 PERFORMANCES ENGAGING 20 VOLUNTEERS FOR AN AUDIENCE OF 300. BEGAN REHEARSALS AND PREPARATION FOR THE FIRST PRODUCTION OF THE THEATRE AFTER PANDEMIC SHUT DOWN AND EXTENSIVE REMODEL, ENGAGING 30 VOLUNTEERS AND HIRED STAFF IN THE AREAS OF ACTING, DIRECTING, SET DESIGNING AND BUILDING, COSTUME DESIGNING HAIR AND MAKE-UP DESIGNING AND MORE. ENGAGED WITH A CORE GROUP OF 30 VOLUNTEERS TO WORK A VARIETY OF ACTIVITIES RELATED TO THE REMODEL AND REOPENING OF THE THEATRE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Ruth Baker Interim Ed | Officer | 40 | $41,600 |
Martha Greaney Trustee | Trustee | 2 | $0 |
R Chris Hansen Trustee | Trustee | 2 | $0 |
Adam Leonard Trustee | Trustee | 2 | $0 |
Marleena Pearson Secretary | OfficerTrustee | 5 | $0 |
Karen Scheeland President | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $839 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $15,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $464,677 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $480,516 |
| Total Program Service Revenue | $8,532 |
| Investment income | $4,417 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $157 |
| Net Gain/Loss on Asset Sales | $1,797 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $495,419 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $295 |
| 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. | $35,257 |
| Compensation of current officers, directors, key employees. | $35,257 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,661 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $400 |
| Fees for services: Accounting | $16,806 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,514 |
| Advertising and promotion | $3,341 |
| Office expenses | $14,775 |
| Information technology | $9,763 |
| Royalties | $0 |
| Occupancy | $74,057 |
| Travel | $63 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $678 |
| Interest | $4,720 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,345 |
| All other expenses | $0 |
| Total functional expenses | $178,762 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200,963 |
| Savings and temporary cash investments | $73,238 |
| 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 | $4,074 |
| Net Land, buildings, and equipment | $163,811 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $59,234 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,624,483 |
| Total assets | $2,125,803 |
| Accounts payable and accrued expenses | $25,042 |
| 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 | $349,900 |
| Other liabilities | $0 |
| Total liabilities | $374,942 |
| Net assets without donor restrictions | $1,444,606 |
| Net assets with donor restrictions | $306,255 |
| 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 | $2,125,803 |