Maddock Opera House Association
- Assets
- $1.2m
- Revenue
- $247.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Maddock, ND
- Founding
- 08/2010
- Data as of
- 12/2021
- EIN
- 61-1604759
Organization Overview
Maddock Opera House Association is located in Maddock, ND. The organization was established in 2010. 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. Maddock Opera House Association 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, Maddock Opera House Association generated $247.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.4% each year . All expenses for the organization totaled $107.6k during the year ending 12/2021. While expenses have increased by 5.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
PROMOTE A COMMUNITY HISTORICAL THEATER AND PROVIDE SPACE FOR A COMMUNITY LIBRARY
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE HISTORICAL COMMUNITY THEATER AND LIBRARY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jordan Smith Vice President | Officer | 1 | $0 |
Rachel Markestad Secretary | Officer | 1 | $0 |
Marta Smith President | Officer | 2 | $0 |
Paul Backstrom Treasurer | Officer | 2 | $0 |
Carol Backstrom Director | Trustee | 1 | $0 |
Karl Kenner Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $4,725 |
| Fundraising events | $31,977 |
| Related organizations | $0 |
| Government grants | $78,017 |
| All other contributions, gifts, grants, and similar amounts not included above | $21,454 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $136,173 |
| Total Program Service Revenue | $35,088 |
| Investment income | $16 |
| 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 | $75,839 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $247,116 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,000 |
| 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 | $7,949 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $608 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,423 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,216 |
| Office expenses | $1,168 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,362 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,468 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $43,390 |
| Insurance | $10,387 |
| All other expenses | $0 |
| Total functional expenses | $107,628 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $61,494 |
| Savings and temporary cash investments | $22,581 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,097,465 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,181,540 |
| Accounts payable and accrued expenses | $0 |
| 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 | $151,907 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $151,907 |
| Net assets without donor restrictions | $1,029,633 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,181,540 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Maddock Opera House Association has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
William Langer And Susan Flickinger Gokey Foundation Inc Minot, ND PURPOSE: GRANT FOR RESTORATION OF OPERA HOUSE INTO COMMUNITY CENTER | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Guthrie Theatre Foundation Minneapolis, MN | $150,141,249 | $18,685,485 |
Childrens Theater Company And School Minneapolis, MN | $29,046,375 | $9,573,718 |
Hennepin Theatre Tr Minneapolis, MN | $22,588,604 | $4,825,873 |
Mct Inc Missoula, MT | $5,451,347 | $4,816,315 |
Duluth Playhouse Inc Duluth, MN | $18,649,161 | $3,003,530 |
Stages Theatre Company Inc Hopkins, MN | $3,890,708 | $3,759,025 |
Playwrights Center Inc Minneapolis, MN | $3,908,050 | $3,263,756 |
Northern Prairie Performing Arts Fargo, ND | $4,316,249 | $3,798,008 |
Great River Shakespeare Festival Winona, MN | $206,788 | $1,143,986 |
Mixed Blood Theatre Company Minneapolis, MN | $2,678,967 | $1,591,344 |
Lakeshore Players Inc White Bear Lake, MN | $9,429,872 | $852,524 |
Theatre Latte-Da Minneapolis, MN | $1,991,726 | $1,092,572 |