Franklin Civic Operetta Assoc
- Assets
- $1.9m
- Revenue
- $412.3k
- Investments
- $0.0
- Employees
- 11
- Location
- Franklin, PA
- Founding
- 06/1978
- Data as of
- 12/2022
- EIN
- 25-1317373
Organization Overview
Franklin Civic Operetta Assoc is located in Franklin, PA. The organization was established in 1978. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Franklin Civic Operetta Assoc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Franklin Civic Operetta Assoc 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, Franklin Civic Operetta Assoc generated $412.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $618.4k during the year ending 12/2022. While expenses have increased by 5.6% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ASSOCIATION IS IN OPERATION TO IMPROVE THE CULTURAL STATUS OF THE FRANKLIN, PA AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PERFORMANCE OF MAJOR THEATRICAL PRODUCTIONS AND THE OPERATION OF A FINE ARTS CENTER THAT IS AVAILABLE TO THE PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shawn Clerkin Board Member | Trustee | 1 | $0 |
Davin Cutchall Board Member | Trustee | 1 | $0 |
Hannah Faraone Board Member | Trustee | 1 | $0 |
Jennifer Fox 1st Vice Cha | OfficerTrustee | 2 | $0 |
Chuck Gibbons Facilities C | Trustee | 2 | $0 |
Thomas Greene Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $3,110 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $90,456 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $93,566 |
| Total Program Service Revenue | $278,707 |
| Investment income | $1,874 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $260 |
| Net Income from Fundraising Events | $18,282 |
| Net Income from Gaming Activities | $12,285 |
| Net Income from Sales of Inventory | $3,964 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $412,324 |
| 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 | $171,274 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $16,226 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $444 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,619 |
| Office expenses | $23,603 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $31,891 |
| Travel | $725 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $6,534 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $67,612 |
| Insurance | $8,884 |
| All other expenses | $43,574 |
| Total functional expenses | $618,440 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,281 |
| Savings and temporary cash investments | $292,115 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $1,521,448 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $91,733 |
| Total assets | $1,925,577 |
| Accounts payable and accrued expenses | $15,839 |
| 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 | $129,417 |
| Unsecured mortgages and notes payable | $25,000 |
| Other liabilities | $0 |
| Total liabilities | $170,256 |
| Net assets without donor restrictions | $1,463,206 |
| Net assets with donor restrictions | $292,115 |
| 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 | $1,925,577 |