The Contemporary Theater
- Assets
- $1.3m
- Revenue
- $680.0k
- Investments
- $0.0
- Employees
- 8
- Location
- Wakefield, RI
- Founding
- 07/2009
- Data as of
- 12/2021
- EIN
- 20-4955082
Organization Overview
The Contemporary Theater is located in Wakefield, RI. The organization was established in 2009. 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 12/2021, Contemporary Theater employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Contemporary Theater 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 12/2021, Contemporary Theater generated $680.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $364.8k during the year ending 12/2021. While expenses have increased by 4.1% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE OPPORTUNITIES FOR THE COMMUNITY TO CREATE AND EXPERIENCE LIVE PERFORMANCES IN WAYS FOR ALL TO BE PROUD OF AND ENJOY ALONG WITH EDUCATIONAL PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COMPANY PERFORMED VARIOUS THEATRICAL PRODUCTIONS, AS WELL AS A VARIETY OF EDUCATIONAL PROGRAMS FOR YOUTH AND ADULTS CENTERED ON THEATER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Simpson Executive Director | Officer | 40 | $28,575 |
Margaret Cady General Manager | Officer | 40 | $15,990 |
Becca Vigeant Vice-President | Officer | 2 | $0 |
Gina Catalano Secretary | Officer | 2 | $0 |
Noel Simpson Treasurer | Officer | 2 | $0 |
Ryan Sekac President | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $9,492 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $336,771 |
| All other contributions, gifts, grants, and similar amounts not included above | $194,246 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $540,509 |
| Total Program Service Revenue | $118,095 |
| Investment income | $477 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,650 |
| 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 | $16,314 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $680,045 |
| 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. | $44,565 |
| Compensation of current officers, directors, key employees. | $4,457 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $124,710 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,826 |
| Payroll taxes | $25,065 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $25 |
| Fees for services: Accounting | $2,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $356 |
| Advertising and promotion | $8,773 |
| Office expenses | $1,853 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,333 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $15,956 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $29,713 |
| Insurance | $14,622 |
| All other expenses | $7,003 |
| Total functional expenses | $364,815 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $79,242 |
| Savings and temporary cash investments | $131,372 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $21,895 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,012,690 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $43,288 |
| Other assets | $0 |
| Total assets | $1,288,487 |
| Accounts payable and accrued expenses | $119 |
| 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 | $341,585 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $341,704 |
| Net assets without donor restrictions | $895,295 |
| Net assets with donor restrictions | $51,488 |
| 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 | $1,288,487 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that The Contemporary Theater has recieved totaling $13,266.
| Awarding Organization | Amount |
|---|---|
The Rhode Island Community Foundation Providence, RI PURPOSE: BLACK IMPROVISERS FESTIVAL; PROGRAM SUPPORT; PHASE 1 CAPITAL CONSTRUCTION | $12,500 |
Robert G & Jane V Engel Foundation Inc South Portland, ME PURPOSE: SUPPORT | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $116 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $100 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Repertory Theatre Cambridge, MA | $28,732,151 | $12,990,237 |
Huntington Theatre Company Inc Boston, MA | $85,399,357 | $14,500,477 |
Hartford Stage Company Hartford, CT | $23,293,519 | $12,254,112 |
Goodspeed Opera House Foundation Inc East Haddam, CT | $32,360,581 | $5,734,785 |
Trinity Repertory Company Providence, RI | $19,294,087 | $8,544,962 |
Eugene Oneill Memorial Theater Center Inc Waterford, CT | $14,667,750 | $5,726,346 |
Williamstown Theatre Foundation Inc Williamstown, MA | $11,514,854 | $7,224,281 |
Westport Country Playhouse Inc Westport, CT | $14,751,465 | $4,493,080 |
Berkshire Theatre Group Inc Pittsfield, MA | $17,772,616 | $5,217,169 |
Connecticut Players Foundation Inc New Haven, CT | $17,306,895 | $4,536,395 |
Fairfield Theatre Company Inc Fairfield, CT | $4,903,418 | $3,981,776 |
Theaterworks Inc Hartford, CT | $6,924,717 | $2,300,522 |