Adobe Rose Theatre Inc
- Assets
- $602.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Fe, NM
- Founding
- 08/2017
- Data as of
- 12/2019
- EIN
- 47-3125109
Organization Overview
Adobe Rose Theatre Inc is located in Santa Fe, NM. The organization was established in 2017. According to its NTEE Classification (B92) the organization is classified as: Remedial Reading & Encouragement, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adobe Rose 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 12/2019, Adobe Rose Theatre Inc generated $37.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (60.5%) each year. All expenses for the organization totaled $32.9k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (62.6%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
TO CREATE HIGH QUALITY, SUSTAINABLE PROFESSIONAL THEATRE THAT CONTRIBUTES TO THE CULTURAL, EDUCATIONAL AND ECONOMIC ENVIRONMENT OF SANTA FE, NEW MEXICO, THROUGH TEACHING, PERFORMANCE AND SHARING PROFESSIONAL SPACE WITH OTHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Mckenna President | 20 | $0 | |
Dr Letitia Chambers Vice Preside | 10 | $0 | |
Maureen Mckenna Secretary/tr | 30 | $0 | |
Gene Mederos Technical Di | 5 | $0 | |
Clara Lucero Dougherty Board Member | 1 | $0 | |
Cinema Jones Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,857 |
| Total Program Service Revenue | $5,190 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $37,047 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $19,066 |
| Occupancy, rent, utilities, and maintenance | $3,526 |
| Printing, publications, postage, and shipping | $43 |
| Other expenses | $10,299 |
| Total expenses | $32,934 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $602 |
| Other assets | $0 |
| Total assets | $602 |
| Total liabilities | $8,979 |
| Net assets or fund balances | -$8,377 |