Lake City Community Theater Inc
- Assets
- $58.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lake City, SC
- Founding
- 10/1991
- Data as of
- 05/2024
- EIN
- 57-0893666
Organization Overview
Lake City Community Theater Inc is located in Lake City, SC. The organization was established in 1991. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake City Community Theater 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 05/2024, Lake City Community Theater Inc generated $61.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $64.0k during the year ending 05/2024. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Faith Godwin President | 0 | $0 | |
Ron Benton VP | 0 | $0 | |
Mary Y Godwin Sect | 0 | $0 | |
Merianne Cowley Treas | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,768 |
| Total Program Service Revenue | $20,984 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $61,752 |
| 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 | $19,949 |
| Occupancy, rent, utilities, and maintenance | $2,025 |
| Printing, publications, postage, and shipping | $11,467 |
| Other expenses | $30,513 |
| Total expenses | $63,954 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $36,719 |
| Other assets | $0 |
| Total assets | $58,756 |
| Total liabilities | $538 |
| Net assets or fund balances | $58,218 |