Immediate Theatre Project
- Assets
- $61.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Asheville, NC
- Founding
- 05/2011
- Data as of
- 06/2023
- EIN
- 80-0295583
Organization Overview
Immediate Theatre Project is located in Asheville, NC. The organization was established in 2011. 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. Immediate Theatre Project 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 06/2023, Immediate Theatre Project generated $76.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $82.9k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
PUT ON VARIOUS PLAYS IN THE LOCAL AND SURROUNDING AREAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Willie Repoley Prd Dir | 20 | $17,314 | |
Charlie Flynn-Mciver Art Dir | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,007 |
| Total Program Service Revenue | $59,481 |
| Membership dues | $0 |
| Investment income | $48 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $76,536 |
| 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 | $51,562 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $9,120 |
| Other expenses | $22,180 |
| Total expenses | $82,862 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $60,961 |
| Other assets | $0 |
| Total assets | $60,961 |
| Total liabilities | $0 |
| Net assets or fund balances | $60,961 |