Weathervane Community Playhouse Inc
- Assets
- $3.5m
- Revenue
- $501.0k
- Investments
- $0.0
- Employees
- 13
- Location
- Akron, OH
- Founding
- 07/1949
- Data as of
- 07/2021
- EIN
- 34-6560923
Organization Overview
Weathervane Community Playhouse Inc is located in Akron, OH. The organization was established in 1949. 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 07/2021, Weathervane Community Playhouse Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Weathervane Community Playhouse 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 07/2021, Weathervane Community Playhouse Inc generated $501.0k 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 (7.2%) each year. All expenses for the organization totaled $473.9k during the year ending 07/2021. As we would expect to see with falling revenues, expenses have declined by (11.7%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF WEATHERVANE COMMUNITY PLAYHOUSE IS TO PRODUCE HIGH-QUALITY THEATER WITH VOLUNTEER ARTISTS, DESIGNERS, AND TECHNICIANS UNDER PROFESSIONAL DIRECTION, PROVIDE EDUCATION AND TRAINING IN THEATER ARTS AND APPRECIATION, AND ENGAGE AND ENTERTAIN ITS AUDIENCE AND CONSTITUENTS TO ENRICH THE QUALITY OF LIFE IN NORTHEAST OHIO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE LIVE THEATRICAL PERFORMANCES WITH VOLUNTEER ACTING AND PRODUCTION SERVICES. THE OBJECTIVES OF THIS PROGRAM INCLUDE PRODUCING A FULL SEASON OF PLAYS AND MUSICALS GUIDED BY PROFESSIONAL GUEST DIRECTORS AND PROVIDING ONSTAGE AND BACKSTAGE EXPERIENCES FOR VOLUNTEER ACTORS AND TECHNICAL STAFF. DUE TO STATE OF OHIO HEALTH ORDERS, WEATHERVANE PLAYHOUSE SHIFTED PRODUCTION TO RECORDED VIDEOS, MADE AVAILABLE TO AUDIENCES FREE OF CHARGE VIA YOUTUBE, AND HAVE BEGUN THE PROCESS OF RETURNING TO A FULL SLATE OF PRODUCTION AS OF JULY 31, 2021.
WEATHERVANES EDUCATIONAL PROGRAMMING REACHES OVER 9,000 CHILDREN IN NORTHEAST OHIO AND BEYOND THROUGH ON AND OFF-SITE PROGRAMMING. THESE PROGRAMS INCLUDE ON-SITE CLASSES, WORKSHOPS, AND MASTER CLASSES IN ADDITION TO OFF-SITE OUTREACH PROGRAMS WITHIN THE COMMUNITY. WE ALSO INTRODUCED VIRTUAL CLASSES, CAMPS, AND WORKSHOPS DURING THE COVID-19 PANDEMIC IN ORDER TO MEET THE NEEDS OF OUR STUDENTS IN A SAFE AND ENGAGING MANNER. VIRTUAL PROGRAMS SERVED STUDENTS FROM ALL PARTS OF OHIO IN ADDITION TO STUDENTS LIVING AS FAR AWAY AS TEXAS. CLASSES OFFERED INCLUDE ACTING, IMPROVISATION, AUDITIONING, DANCE, VISUAL ARTS, VOCAL TRAINING, MUSICAL THEATRE, AND MORE FOR AGES 3 AND UP. CLASSES ARE PROVIDED FOR CHILDREN AND ADULTS AT THE BEGINNING, INTERMEDIATE, AND ADVANCED LEVELS. WEATHERVANES CORE CLASS CURRICULUM PROVIDES EVERY STUDENT WITH EXCEPTIONAL, CONSISTENT, DRAMATIC TRAINING WHILE MEETING THE STATE ACADEMIC BENCHMARKS WITHIN THE APPLIED FINE ART.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melanie Pepe Chief Execut | Officer | 40 | $60,577 |
William Kist President | OfficerTrustee | 13 | $0 |
April Deming President Ex | OfficerTrustee | 6 | $0 |
Mary Kay Finn 1st Vice Pre | OfficerTrustee | 6 | $0 |
Ian Haberman Secretary | OfficerTrustee | 5 | $0 |
David Bird Treasurer | OfficerTrustee | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $117,934 |
| All other contributions, gifts, grants, and similar amounts not included above | $330,526 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $448,460 |
| Total Program Service Revenue | $53,978 |
| Investment income | $6 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $323 |
| Net Rental Income | $600 |
| Net Gain/Loss on Asset Sales | $6 |
| Net Income from Fundraising Events | $387 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$2,751 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $501,009 |
| 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. | $66,792 |
| Compensation of current officers, directors, key employees. | $15,362 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $77,919 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $60,446 |
| Payroll taxes | $12,495 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,240 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,619 |
| Office expenses | $9,055 |
| Information technology | $5,436 |
| Royalties | $0 |
| Occupancy | $34,434 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,293 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $104,267 |
| Insurance | $10,880 |
| All other expenses | $9,626 |
| Total functional expenses | $473,908 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $183,585 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $40,459 |
| Accounts receivable, net | $8,171 |
| 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 | $47,008 |
| Net Land, buildings, and equipment | $1,541,742 |
| Investments—publicly traded securities | $1,404,613 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $231,545 |
| Total assets | $3,457,123 |
| Accounts payable and accrued expenses | $285,832 |
| Grants payable | $0 |
| Deferred revenue | $39,705 |
| 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 | $200,878 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $526,415 |
| Net assets without donor restrictions | $2,662,343 |
| Net assets with donor restrictions | $268,365 |
| 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 | $3,457,123 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Weathervane Community Playhouse Inc has recieved totaling $106,031.
| Awarding Organization | Amount |
|---|---|
Akron Community Foundation Akron, OH PURPOSE: SPENDABLE INCOME FOR THE QUARTER ENDING MARCH 31, 2021 | $25,533 |
Margaret Clark Morgan Foundation Hudson, OH PURPOSE: PRODUCTION UNDERWRITING FOR THE 2021-2022 SEASON | $15,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $15,000 |
Mary And Dr George L Demetros Charitable Trust Columbus, OH PURPOSE: SUPPORT PRODUCTION EXPENSESOF PERFORMING ARTSPROGRAM. & ED FOR 2021-22 SEASON | $12,000 |
Mary S & David C Corbin Foundation Akron, OH PURPOSE: PROGRAM SUPPORT | $12,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $6,049 |
Endowment Analysis
| Beg. Balance | $1,142,049 |
| Earnings | $319,785 |
| Other Expense | $57,221 |
| Ending Balance | $1,404,613 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Temple Theatre Foundation Saginaw, MI | $0 | $1,856,811 |
Cincinnati Playhouse In The Park Cincinnati, OH | $58,282,641 | $17,194,907 |
Cleveland Play House Cleveland, OH | $14,846,065 | $7,810,747 |
Pittsburgh Public Theater Corporation Pittsburgh, PA | $13,504,730 | $6,047,116 |
Actors Theatre Of Louisville Inc Louisville, KY | $21,191,144 | $5,821,422 |
Walnut Street Theatre Corp Philadelphia, PA | $35,930,137 | $7,380,897 |
Arden Theatre Company Philadelphia, PA | $14,483,355 | $5,191,205 |
Indiana Repertory Theatre Inc Indianapolis, IN | $37,888,080 | $6,579,183 |
Childrens Theatre Of Cincinnati Cincinnati, OH | $17,028,934 | $8,914,508 |
Peoples Light & Theatre Co Malvern, PA | $24,049,408 | $2,648,575 |
Great Lakes Theater Festival Inc Cleveland, OH | $6,916,721 | $4,972,488 |
Society Hill Playhouse Center For The Performing Arts Inc Philadelphia, PA | $0 | -$3,636 |