Washington Community Theater Inc is located in Washington, IA. The organization was established in 1971. 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. Washington 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 12/2022, Washington Community Theater Inc generated $600.6k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $245.1k during the year ending 12/2022. While expenses have increased by 3.8% per year over the past 6 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Virginia Bordwell President & | 0 | $0 | |
Greg Wiley Director | 0 | $0 | |
Tom Dawson Director | 0 | $0 | |
Ryan Flannery Director | 0 | $0 | |
Doug Mcbride Director | 0 | $0 | |
Mike Jewell Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $391,821 |
| Interest on Savings | $6,532 |
| Dividends & Interest | $73,010 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $71,814 |
| Capital Gain Net Income | $76,151 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $57,387 |
| Total Revenue | $600,564 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $59,157 |
| Pension plans, employee benefits | $2,650 |
| Interest | $312 |
| Taxes | $14,930 |
| Depreciation | $39,445 |
| Occupancy | $47,352 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $73,360 |
| Total operating and administrative expenses | $245,073 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $245,073 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $42,711 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,759,934 |
| Net Land, buildings, and equipment | $776,539 |
| Other assets | $0 |
| Total assets | $4,579,184 |
| Accounts payable and accrued expenses | $1,835 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,835 |