Pig Iron Theatre Company Inc is located in Philadelphia, PA. The organization was established in 1996. 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, Pig Iron Theatre Company Inc employed 74 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pig Iron Theatre Company 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, Pig Iron Theatre Company Inc generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $1.1m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 6 years. 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
TO EXPAND WHAT IS POSSIBLE IN PERFORMANCE BY CREATING RIGOROUS AND EXUBERANT ENSEMBLE-DEVISED WORKS; BY TRAINING THE NEXT GENERATION OF DARING, INNOVATIVE THEATRE ARTISTS; AND BY CONSISTENTLY ASKING THE HARDEST QUESTIONS BOTH IN OUR ART AND IN ITS RELATION TO THE WORLD AROUND US.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PHILADELPHIA PRODUCTIONS
TOUR PRODUCTIONS
EDUCATION AND WORKSHOPS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ricki Eisenstein President | OfficerTrustee | 1.5 | $0 |
Shelley Z Green Vice Preside | OfficerTrustee | 1.5 | $0 |
Mark C Langdon Treasurer | OfficerTrustee | 1.5 | $0 |
Whitney Peeling Secretary | OfficerTrustee | 1.5 | $0 |
Theresa Guerin Member | Trustee | 0.5 | $0 |
Gabriel Quinn Bauriedel Co-Artistic | Trustee | 40 | $14,250 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $423,593 |
| All other contributions, gifts, grants, and similar amounts not included above | $467,008 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $890,601 |
| Total Program Service Revenue | $477,548 |
| Investment income | $246 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $7,943 |
| 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 | $1,376,338 |
| 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 | $318,302 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $50,605 |
| Payroll taxes | $46,853 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $97,473 |
| Advertising and promotion | $10,602 |
| Office expenses | $33,290 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $188,795 |
| Travel | $33,181 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,603 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $875 |
| Insurance | $15,470 |
| All other expenses | $36,339 |
| Total functional expenses | $1,094,975 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $265,453 |
| Savings and temporary cash investments | $407,637 |
| Pledges and grants receivable | $281,386 |
| Accounts receivable, net | $108,720 |
| 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 | $46,829 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $282,253 |
| Total assets | $1,392,278 |
| Accounts payable and accrued expenses | $21,482 |
| Grants payable | $0 |
| Deferred revenue | $10,354 |
| 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 | $0 |
| Total liabilities | $31,836 |
| Net assets without donor restrictions | $852,881 |
| Net assets with donor restrictions | $507,561 |
| 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 | $1,392,278 |