The Strand Theatre Of Shreveport Corporation

Organization Overview

The Strand Theatre Of Shreveport Corporation is located in Shreveport, LA. The organization was established in 1977. 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 05/2021, Strand Theatre Of Shreveport Corporation employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Strand Theatre Of Shreveport Corporation 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 05/2021, Strand Theatre Of Shreveport Corporation generated $549.1k 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 (15.5%) each year. All expenses for the organization totaled $621.2k during the year ending 05/2021. As we would expect to see with falling revenues, expenses have declined by (11.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE STRAND PROVIDES THEATRE FACILITIES FOR THE PERFORMING ARTS TO BE USED BY FOR-PROFIT AND NON-PROFIT ORGANIZATIONS AND TO SPONSOR PUBLIC THEATRE PRODUCTIONS FORTHE REGION

Describe the Organization's Program Activity:

PROVIDE THEATRE FACILITIES FOR THE PERFORMING ARTS TO BE USED BY FOR-PROFIT AND NON-PROFIT ORGANIZATIONS AND TO SPONSOR PUBLIC THEATRE PRODUCTIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Jenifer Hill
Executive Dir.
$92,302
Jodie Glorioso
VP Of Programmi
$0
Joe Psalmonds
VP Of Fundraisi
$0
Stephen Roberts
President
$0
Tim Quinn
Secretary
$0
Matt Mccullin
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $153,418
All other contributions, gifts, grants, and similar amounts not included above$337,649
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$491,067
Total Program Service Revenue$34,998
Investment income $5,303
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $17,466
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 $549,109

Grants Recieved

Over the last fiscal year, we have identified 5 grants that The Strand Theatre Of Shreveport Corporation has recieved totaling $54,706.

Awarding OrganizationAmount
Community Foundation Of North Louisiana

Shreveport, LA

PURPOSE: FOR GENERAL SUPPORT TO ONLY BE USED FOR PURPOSES STATED IN THE DESIGNATED AGENCY ENDOWMENT FUND AGREEMENT DATED APRIL 6, 2016; GENERAL OPERATING SUPPORT; GIVE FOR GOOD GRANT

$46,969
Union Pacific Foundation

Omaha, NE

PURPOSE: ARTS AND CULTURE

$5,000
Sempra Energy Foundation

San Diego, CA

PURPOSE: ARTS & CULTURE

$1,500
Socius Foundation

San Francisco, CA

PURPOSE: 2021 GRANT

$1,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$237
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$212,907
Earnings$50,506
Ending Balance$263,413

Peer Organizations

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