Rome Community Theater Inc

Organization Overview

Rome Community Theater Inc is located in Rome, NY. The organization was established in 1957. According to its NTEE Classification (A65) the organization is classified as: Theater, 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. Rome Community 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, Rome Community Theater Inc generated $70.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $71.0k during the year ending 06/2022. While expenses have increased by 0.6% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PRESENT AND FOSTER PERFORMING ARTS PRIMARILY THEATER ARTS IN THE FORM OF STAGE PRODUCTIONS; TO EDUCATE COMMUNITY PARTICIPANTS INCLUDING YOUNG PEOPLE IN THE SKILLS OF THEATRICAL PERFORMANCE PRODUCTION AND STAGE PRESENTATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ROYALTIES: ALMOST WITHOUT EXCEPTION PUBLISHERS CHARGE ROYALTY FEES FOR EACH PERFORMANCE OF A PLAY. ROYALTIES ARE PAID TO PUBLISHERS AS REPRESENTATIVES OF THE PLAYWRIGHTS AND IF A MUSICAL PRODUCTION COMPOSER AND LYRICIST. BASIC ROYALTY COSTS DIFFER FROM PLAY TO PLAY AND ARE USUALLY BASED ON WHETHER OR NOT THE PERFORMING GROUP IS PROFESSIONAL OR AMATEUR THE SEATING CAPACITY OF THE PERFORMANCE VENUE AND THE TICKET PRICES PAID BY AUDIENCE MEMBERS. IN MOST COMMUNITY THEATER ORGANIZATIONS AS IS THE CASE WITH ROME COMMUNITY THEATER ROYALTIES REPRESENT THE SINGLE MOST COSTLY COMPONENT OF A STAGE PRODUCTION. ADDITIONALLY ROYALTY-LIKE FEES ARE CHARGED BY MUSIC PUBLISHERS SUCH AS ASCAP BMI AND SESAC THAT REPRESENT THE COMPOSER AND OR PERFORMER OF A RECORDED MUSIC SELECTION WHICH MAY BE USED IN CONJUNCTION WITH A STAGE PLAY TO PROVIDE "MOOD" OR "SCENE APPROPRIATE" MUSIC BEFORE THE CURTAIN AND DURING INTERMISSION. THESE MUSIC LICENSE FEES ARE INCLUDED IN THE ROYALTY EXPENSES NOTED HERE.


PRODUCTION EXPENSES: THIS AREA OF EXPENSE IS REQUIRED TO FULFILL THE MAJOR REQUIREMENT OF THE STATED GOALS OF THE ORGANIZATION WHICH INCLUDE COSTS TO PRESENT LIVE THEATRICAL PRODUCTIONS TO THE PUBLIC. THE EXPENSES NOTED HERE REPRESENT THE COST TO CONSTRUCT COSTUMES BUILD SETS CREATE STAGE PROPERTIES PRINT PROGRAMS SOLICIT ADJUDICATIONS AND PURCHASE SCRIPTS. ANCILLARY EXPENSES NOT INCLUDED IN THIS FIGURE ARE COSTS TO MAINTAIN THE PLAYHOUSE FACILITY OCCUPANCY - THE LARGEST SINGLE EXPENSE FOR THE ORGANIZATION. THE SINGLE LARGEST PRODUCTION COMPONENT ROYALTIES IS LISTED AS A SEPARATE EXPENSE ABOVE.


CONCESSIONS: THIS EXPENSE REPRESENTS THE PURCHASE OF CONCESSION INVENTORY FOR RE-SALE AS WELL AS NECESSARY EQUIPMENT AND NEW YORK STATE SALES TAX LEVIED ON THE CONCESSION ITEMS SOLD.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$1,030
Fundraising events$6,345
Related organizations$0
Government grants $23,497
All other contributions, gifts, grants, and similar amounts not included above$8,757
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$39,629
Total Program Service Revenue$30,328
Investment income $10
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
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 $69,967

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Rome Community Theater Inc has recieved totaling $9,861.

Awarding OrganizationAmount
Rome Community Foundation

Rome, NY

PURPOSE: FURNITURE

$9,829
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$32
View Grant Recipient Profile

Create an account to unlock the data you need.

or