Wagon Wheel Theatre Inc
- Assets
- $2.2m
- Revenue
- $926.4k
- Investments
- $0.0
- Employees
- 152
- Location
- Warsaw, IN
- Founding
- 06/2010
- Data as of
- 09/2020
- EIN
- 26-3885020
Organization Overview
Wagon Wheel Theatre Inc is located in Warsaw, IN. The organization was established in 2010. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2021, Wagon Wheel Theatre Inc employed 152 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wagon Wheel Theatre 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 09/2020, Wagon Wheel Theatre Inc generated $926.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (10.8%) each year. All expenses for the organization totaled $1.0m during the year ending 09/2020. As we would expect to see with falling revenues, expenses have declined by (9.3%) per year over the past 5 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THEATRE OPERATIONS EXCLUSIVELY FOR LITERARY,THEATRICAL AND ARTS EDUCATION PURPOSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION WAS ABLE TO EFFECTIVELY OPERATE DURING THE YEAR EXCLUSIVELY FOR LITERARY, THEATRICAL AND ARTS EDUCATION AND AT THE SAME TIME EXPAND THE NUMBER OF PROGRAMS TO INCLUDE AN INCREASED MARKET BASE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Turner Vice President | OfficerTrustee | 1 | $0 |
Kristin Mason Treasurer | OfficerTrustee | 1 | $0 |
Deb Bishop Director | OfficerTrustee | 1 | $0 |
Alyssa Lowe Secretary | OfficerTrustee | 1 | $0 |
Robyn Palmer Director | Trustee | 0 | $0 |
Terry White President | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $478,781 |
| Investment income | $623 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,270 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$150 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $21,155 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $926,435 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $407,759 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,699 |
| Payroll taxes | $32,161 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,473 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $70,460 |
| Office expenses | $7,775 |
| Information technology | $11,828 |
| Royalties | $46,797 |
| Occupancy | $14,717 |
| Travel | $4,528 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $22,805 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $60,484 |
| Insurance | $25,814 |
| All other expenses | $0 |
| Total functional expenses | $1,026,860 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $375,606 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,054 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,419 |
| Prepaid expenses and deferred charges | $151,394 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $18,258 |
| Other assets | $157,992 |
| Total assets | $2,166,448 |
| Accounts payable and accrued expenses | $54,692 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,535,966 |
| Total liabilities | $1,590,658 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $575,790 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Wagon Wheel Theatre Inc has recieved totaling $45,263.
| Awarding Organization | Amount |
|---|---|
Kosciusko County Community Foundation Inc Warsaw, IN PURPOSE: CONCERT/GEN. SUPPORT | $40,599 |
Kosciusko 21st Century Foundation Inc Winona Lake, IN PURPOSE: COVID RELIEF SUPPORT | $3,279 |
Kosciusko 21st Century Foundation Inc Winona Lake, IN PURPOSE: OPERATING SUPPORT | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $385 |
Endowment Analysis
| Earnings | $25 |
| Admin Expense | $131 |
| Net Contributions | $900 |
| Ending Balance | $10,826 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kauffman Center For The Performing Arts Kansas City, MO | $435,789,864 | $9,136,596 |
Starlight Theatre Association Of Kansas City Inc Kansas City, MO | $43,695,119 | $27,963,583 |
Connect2culture Joplin, MO | $4,192,804 | $8,724,322 |
Music And Dance Theater Chicago Inc Chicago, IL | $59,585,451 | $8,251,636 |
Fox Cities Performing Arts Center Inc Appleton, WI | $82,069,378 | $12,172,619 |
Confluence Council Inc Eau Claire, WI | $3,541,289 | $9,499,634 |
Luther F Carson Four Rivers Center Inc Paducah, KY | $59,072,684 | $5,458,266 |
Embassy Theatre Foundation Inc Fort Wayne, IN | $19,673,626 | $5,039,603 |
Firehouse Community Arts Center Of Chicago Chicago, IL | $572,664 | $2,968,045 |
Arts Of Southern Kentucky Inc Bowling Green, KY | $7,056,878 | $5,434,508 |
Sheldon Arts Foundation Saint Louis, MO | $19,890,863 | $2,862,291 |
Gillioz Center For Arts And Entertainment Springfield, MO | $537,009 | $2,542,105 |