Abilene Community Theatre Inc is located in Abilene, TX. The organization was established in 1965. 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. Abilene Community 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 06/2024, Abilene Community Theatre Inc generated $72.6k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $61.2k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
THEATRE PRODUCTIONS FOR THE COMMUNITY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mykal Green Director | 0 | $0 | |
Holly Bentea Director | 0 | $0 | |
Marcia Straughn Director | 0 | $0 | |
Kassidy Payne Director | 0 | $0 | |
Adam Singleton Director | 0 | $0 | |
Buddy Smith Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,581 |
| Total Program Service Revenue | $31,453 |
| Membership dues | $9,805 |
| Investment income | $873 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $409 |
| Total Revenue | $72,563 |
| 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 | $1,425 |
| Occupancy, rent, utilities, and maintenance | $27,257 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $32,535 |
| Total expenses | $61,217 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $95,244 |
| Other assets | $0 |
| Total assets | $151,319 |
| Total liabilities | $0 |
| Net assets or fund balances | $151,319 |