Thomas Struthers Trust
- Assets
- $4.0m
- Revenue
- $939.5k
- Investments
- $0.0
- Employees
- 5
- Location
- Warren, PA
- Founding
- 04/1996
- Data as of
- 06/2022
- EIN
- 25-6037927
Organization Overview
Thomas Struthers Trust, operating under the name Struthers Library Theatre, is located in Warren, PA. The organization was established in 1996. As of 06/2022, Struthers Library Theatre employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Struthers Library Theatre 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, Struthers Library Theatre generated $939.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.4%) each year. All expenses for the organization totaled $842.1k during the year ending 06/2022. 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
ENTERTAINING, EDUCATING, AND ENGAGING THE PEOPLE OF WARREN COUNTY AND THE SURROUNDING REGION IN ALL THE QUALITIES AND DELIGHTS OF LIVE THEATRE, MUSIC, DANCE, AND FILM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE EXEMPT PURPOSE OF THE THOMAS STRUTHERS TRUST IS TO SUPPORT AND PROMOTE A COMMUNITY THEATRE.
THE THOMAS STRUTHERS TRUST BUILDING PROVIDES ACCOMMODATION FOR COMMUNITY EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Stout President | OfficerTrustee | 1 | $0 |
Maureen Skerda Vice Preside | OfficerTrustee | 1 | $0 |
Jennifer Dilks Secretary | OfficerTrustee | 1 | $0 |
John John MD Trustee | Trustee | 1 | $0 |
Shawn Walker Trustee | Trustee | 1 | $0 |
Cameron Skelton Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Gl Olson Inc Construction | 6/29/18 | $1,219,396 |
Paramount Roofing Inc Roofing | 6/29/18 | $620,824 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $73,430 |
| All other contributions, gifts, grants, and similar amounts not included above | $418,630 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $492,060 |
| Total Program Service Revenue | $396,862 |
| Investment income | $9,574 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $895 |
| Net Gain/Loss on Asset Sales | $10,021 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $30,119 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $939,531 |
| 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. | $65,182 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $89,646 |
| Pension plan accruals and contributions | $1,667 |
| Other employee benefits | $5,670 |
| Payroll taxes | $12,572 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,387 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $772 |
| Fees for services: Other | $0 |
| Advertising and promotion | $22,698 |
| Office expenses | $15,022 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $40,416 |
| Travel | $1,309 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,069 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $155,367 |
| Insurance | $25,206 |
| All other expenses | $15,799 |
| Total functional expenses | $842,083 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,118 |
| Savings and temporary cash investments | $551,955 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $107,780 |
| 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 | $7,112 |
| Net Land, buildings, and equipment | $3,205,420 |
| Investments—publicly traded securities | $94,245 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,967,630 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $48,650 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $10,246 |
| Total liabilities | $58,896 |
| Net assets without donor restrictions | $3,908,734 |
| Net assets with donor restrictions | $0 |
| 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 | $3,967,630 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Thomas Struthers Trust Warren, PA | $3,967,630 | $939,531 |
Center Of Musical Studies Inc Silver Spring, MD | $202,115 | $615,659 |
Totem Pole Playhouse Fayetteville, PA | $1,485,196 | $984,685 |
Theatre Factory Inc Trafford, PA | $15,644 | $0 |
Rochester Theater Organ Society Inc Rochester, NY | $673,804 | $147,397 |