Sooner Theatre Of Norman Inc
- Assets
- $2.0m
- Revenue
- $706.0k
- Investments
- $0.0
- Employees
- 8
- Location
- Norman, OK
- Founding
- 10/1976
- Data as of
- 06/2021
- EIN
- 51-0196629
Organization Overview
Sooner Theatre Of Norman Inc is located in Norman, OK. The organization was established in 1976. 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 06/2022, Sooner Theatre Of Norman Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sooner Theatre Of Norman 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 06/2021, Sooner Theatre Of Norman Inc generated $706.0k 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 $771.4k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE SOONER THEATRE IS TO CHANGE LIVES, OFFER DIVERSE PERSPECTIVES AND CREATE A CULTURAL CONNECTION TO THE COMMUNITY THROUGH THE PERFORMING ARTS AND ARTS EDUCATION.
Describe the Organization's Program Activity:
CHILDRENS MUSICAL THEATRE EDUCATION CLASSES AND SUMMER CAMP PROGRAMS
MAIN EVENT AND SOONER STAGE
FUNDRAISING 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 |
|---|---|---|---|
Jennifer Baker Executive Director | Officer | 40 | $47,500 |
Meg Newville President | OfficerTrustee | 1 | $0 |
Matt Robinson Treasurer | OfficerTrustee | 1 | $0 |
Vicki Worster Past President | OfficerTrustee | 1 | $0 |
Lindsey Hawkins Vice President | OfficerTrustee | 1 | $0 |
Beth Muckala Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $4,864 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $268,175 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $273,039 |
| Total Program Service Revenue | $351,633 |
| Investment income | $1,878 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $27,318 |
| 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 | $706,007 |
| 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. | $47,500 |
| Compensation of current officers, directors, key employees. | $47,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $141,208 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $28,857 |
| Payroll taxes | $17,540 |
| 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 | $67 |
| Advertising and promotion | $28,340 |
| Office expenses | $31,806 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $42,179 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $60,564 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $68,326 |
| Insurance | $27,133 |
| All other expenses | $3,679 |
| Total functional expenses | $771,419 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $89,833 |
| Savings and temporary cash investments | $149,452 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,333 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $200 |
| Prepaid expenses and deferred charges | $85,428 |
| Net Land, buildings, and equipment | $1,642,321 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,164 |
| Total assets | $1,980,731 |
| Accounts payable and accrued expenses | $26,443 |
| 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 | $1,346,704 |
| Unsecured mortgages and notes payable | $45,570 |
| Other liabilities | -$174 |
| Total liabilities | $1,418,543 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $562,188 |
| Total liabilities and net assets/fund balances | $1,980,731 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sooner Theatre Of Norman Inc has recieved totaling $172.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $172 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Municipal Theatre Association Of St Louis St Louis, MO | $124,521,689 | $24,643,540 |
Alley Theatre Houston, TX | $99,755,068 | $20,544,932 |
Repertory Theatre Of St Louis Saint Louis, MO | $11,243,335 | $8,131,352 |
Austin Theatre Alliance Austin, TX | $11,051,816 | $12,251,946 |
Theatre Squared Inc Fayetteville, AR | $37,817,681 | $7,945,309 |
Theater League Inc Kansas City, MO | $27,534,408 | $1,974,369 |
Dallas Theater Center Dallas, TX | $4,686,048 | $4,047,540 |
Theatre Under The Stars Inc Houston, TX | $18,210,122 | $4,859,811 |
Kansas City Repertory Theatre Inc Kansas City, MO | $16,549,534 | $6,035,764 |
Zachary Scott Theater Center Austin, TX | $13,760,280 | $6,657,993 |
A D Players Houston, TX | $31,582,319 | $3,073,769 |
Theatre Aspen Aspen, CO | $2,636,414 | $3,832,324 |