Al Ringling Theatre Friends Inc
- Assets
- $5.2m
- Revenue
- $362.0k
- Investments
- $3.7m
- Employees
- 15
- Location
- Baraboo, WI
- Founding
- 07/1990
- Data as of
- 12/2021
- EIN
- 39-1639956
Organization Overview
Al Ringling Theatre Friends Inc is located in Baraboo, WI. The organization was established in 1990. 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 12/2021, AL Ringling Theatre Friends Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. AL Ringling Theatre Friends 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 12/2021, AL Ringling Theatre Friends Inc generated $362.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.5%) each year. All expenses for the organization totaled $116.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (15.7%) per year over the past 7 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
PROMOTION OF THE ARTS THROUGH LIVE PERFORMANCES, MOVIES, AND COMMUNITY AND CULTURAL EVENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESENTING THE ARTS THROUGH LIVE PERFORMANCES, MOVIES AND COMMUNITY AND MULTICULTURAL EVENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Kieffer Treasurer | OfficerTrustee | 2 | $0 |
Ben Bromley Vice President | OfficerTrustee | 2 | $0 |
Rick Wolff President | OfficerTrustee | 12 | $0 |
Chris Holm Secretary | OfficerTrustee | 2 | $0 |
Charlene Flygt Director | Trustee | 1 | $0 |
Rebecca Powell Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $154,466 |
| All other contributions, gifts, grants, and similar amounts not included above | $200,887 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $355,353 |
| Total Program Service Revenue | $3,300 |
| Investment income | $3,336 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $361,989 |
| 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 | $76,311 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,061 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $31 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $26,870 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $116,186 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $73,613 |
| Savings and temporary cash investments | $0 |
| 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 | $1,880 |
| Prepaid expenses and deferred charges | $5,000 |
| Net Land, buildings, and equipment | $168,186 |
| Investments—publicly traded securities | $375,772 |
| Investments—other securities | $3,691,446 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $885,969 |
| Total assets | $5,201,866 |
| Accounts payable and accrued expenses | $3,887 |
| 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 | $160,343 |
| Total liabilities | $164,230 |
| Net assets without donor restrictions | $4,463,161 |
| Net assets with donor restrictions | $574,475 |
| 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 | $5,201,866 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Al Ringling Theatre Friends Inc has recieved totaling $617.
| Awarding Organization | Amount |
|---|---|
Alliant Energy Foundation Inc Madison, WI PURPOSE: MATCHING GIFTS | $500 |
Shell Oil Company Foundation Houston, TX PURPOSE: MG | $100 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $17 |
Endowment Analysis
| Beg. Balance | $226,112 |
| Earnings | $18,441 |
| Net Contributions | $3,335 |
| Ending Balance | $247,888 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ordway Center For The Performing Arts Saint Paul, MN | $66,666,400 | $23,193,100 |
Broadway Grand Rapids Grand Rapids, MI | $2,343,299 | $13,547,749 |
Music And Dance Theater Chicago Inc Chicago, IL | $59,585,451 | $8,251,636 |
Detroit Opera Detroit, MI | $46,812,293 | $9,178,032 |
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 |
Music Hall Center For The Performing Arts Inc Detroit, MI | $3,982,183 | $5,279,340 |
Great Lakes Center For The Arts Bay Harbor, MI | $37,486,193 | $6,372,255 |
Michigan Theater Foundation Inc Ann Arbor, MI | $15,884,793 | $2,527,817 |
Firehouse Community Arts Center Of Chicago Chicago, IL | $572,664 | $2,968,045 |
The Cowles Center Minneapolis, MN | $25,707,590 | $3,628,768 |
Theatre Ensemble Rochester, MI | $2,449,527 | $3,723,292 |