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 |