Saltworks Theatre Company
- Assets
- $236.8k
- Revenue
- $206.4k
- Investments
- $0.0
- Employees
- 7
- Location
- Pittsburgh, PA
- Founding
- 09/1986
- Data as of
- 06/2024
- EIN
- 25-1395314
Organization Overview
Saltworks Theatre Company is located in Pittsburgh, PA. The organization was established in 1986. 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 06/2024, Saltworks Theatre Company employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Saltworks Theatre Company 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 06/2024, Saltworks Theatre Company generated $206.4k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $192.3k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE, PRODUCE AND PERFORM CONTEMPORARY DRAMATIC WORKS ON SOCIAL ISSUES WHICH ADDRESS THE PHYSICAL, EMOTIONAL, AND SPIRITUAL NEEDS OF YOUTH AND FAMILY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SALTWORK PRODUCES ORIGINAL PLAYS THAT EDUCATE, CHALLENGE, AND INSPIRE K-12 TO MAKE HEALTHY CHOICES WHEN FACED WITH VARIOUS SOCIAL ISSUES INCLUDING DRUGS AND ALCOHOL, BULLYING, PRESCRIPTION DRUGS, SOCIAL SKILLS, ETC. WE TYPICALLY PERFORM 100-130 SHOWS PER SCHOOL YEAR TO OVER 18,000 STUDENTS THROUGHOUT PENNSYLVANIA. WE ALSO CONDUCT A YOUNG ACTOR STUDIO FOR CHILDREN AGES 10-16 WHERE A WELL-ROUNDED EDUCATION IN THEATRE BASED ON LITERATURE CAN BE OBTAINED. THIS TAKES PLACE IN VARIOUS LOCATIONS IN ALLEGHENY COUNTY AND IS DONE IN EIGHT-WEEK SEMESTERS AND SUMMER CAMPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amber Fantini Chair | OfficerTrustee | 1 | $0 |
Susan Huckestein Secretary | OfficerTrustee | 0.8 | $0 |
Kay Burkot Treasurer | OfficerTrustee | 0.8 | $0 |
Sarah Getty Director | Trustee | 0.8 | $0 |
Loan Hutton Director | Trustee | 0.8 | $0 |
Laura Kronk Director | Trustee | 0.8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $29,338 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $139,845 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $169,183 |
| Total Program Service Revenue | $41,825 |
| Investment income | $3,474 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,105 |
| Net Income from Fundraising Events | -$6,972 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $206,405 |
| 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. | $56,760 |
| Compensation of current officers, directors, key employees. | $4,257 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $60,140 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $11,594 |
| Payroll taxes | $10,491 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,450 |
| Fees for services: Other | $1,825 |
| Advertising and promotion | $1,671 |
| Office expenses | $9,809 |
| Information technology | $0 |
| Royalties | $2,800 |
| Occupancy | $13,650 |
| Travel | $2,716 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,276 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $314 |
| Insurance | $6,910 |
| All other expenses | $0 |
| Total functional expenses | $192,286 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,171 |
| Savings and temporary cash investments | $57,979 |
| 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 | $18 |
| Investments—publicly traded securities | $154,681 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $236,849 |
| Accounts payable and accrued expenses | $9,344 |
| Grants payable | $0 |
| Deferred revenue | $5 |
| 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 | $2,200 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $11,549 |
| Net assets without donor restrictions | $41,609 |
| Net assets with donor restrictions | $183,691 |
| 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 | $236,849 |