Alberta Bair Theater Corporation
- Assets
- $18.5m
- Revenue
- $1.9m
- Investments
- $2.4m
- Employees
- 23
- Location
- Billings, MT
- Founding
- 04/1983
- Data as of
- 06/2021
- EIN
- 81-0406157
Organization Overview
Alberta Bair Theater Corporation is located in Billings, MT. The organization was established in 1983. 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 06/2021, Alberta Bair Theater Corporation employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alberta Bair Theater 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 06/2021, Alberta Bair Theater Corporation generated $1.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $586.3k during the year ending 06/2021. 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
THE THEATER IS ORGANIZED TO BRING THE EXCITEMENT OF THE PERFORMING ARTS TO THE PEOPLE OF THE NORTHERN ROCKIES REGION; TO ENHANCE THE QUALITY OF LIFE IN BILLINGS AND SURROUNDING AREAS; AND TO PROVIDE A FACILITY FOR LOCAL PERFORMING ARTISTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
1. PROMOTION AND PRODUCTION OF WORLD CLASS, ARTISTICALLY AND CULTURALLY DIVERSE PERFORMANCES FOR THE ENRICHMENT OF THE COMMUNITY AND SURROUNDING REGION. ABT PRESENTED 3 PERFORMANCES AFTER BEING CLOSED FOR A MAJOR $13.6MM RENOVATION IN 2019 FOLLOWED BY A YEAR OF COVID-19. THESE PERFORMANCES INCLUDED MUSIC, DANCE AND WORLD MUSIC. THESE PERFORMANCES/EVENTS SERVED 639 PATRONS AND ARTISTS. PATRONS ATTENDING EVENTS COME FROM A LARGE GEOGRAPHICAL AREA THAT IS BOUNDED BY THE CONTINENTAL DIVIDE TO THE WEST, THE CANADIAN BORDER TO THE NORTH, THE NORTH DAKOTA STATE LINE TO THE EAST AND INCLUDES A LARGE PORTION OF NORTHERN WYOMING. ABT CANCELLED 25 PERFORMANCES DUE TO THE COVID-19 PANDEMIC.
2. COMMUNITY OUTREACH AND ARTS EDUCATION. BECAUSE ABT WAS CLOSED FOR MOST OF THE 2021 SEASON ABT PRESENTED 0 SCHOOL MATINEE PERFORMANCES THAT WERE ATTENDED BY 0 STUDENTS FROM OVER 0 INDIVIDUAL PUBLIC, PRIVATE, TRIBAL AND HOME SCHOOLS, AND SOCIAL SERVICE AGENCIES FOR YOUTH. THE THEATER CONDUCTED 1 COMMUNITY OUTREACH AND EDUCATION EVENT INCLUDING A MUSICAL DEMONSTRATION THAT REACHED 100 YOUNG STUDENTS AND NATIVE AMERICANS. ALBERTA BAIR THEATER'S ACCESS TO THE ARTS PROGRAM COLLABORATED WITH 12 SOCIAL SERVICE AGENCIES TO PROVIDE 30 FREE TICKETS TO THEIR CLIENTS WHO STRUGGLE WITH PHYSICAL, ECONOMIC AND SOCIAL CHALLENGES.
3. PROVIDE VENUE AND SERVICES TO COMMUNITY ORGANIZATIONS FOR PERFORMANCES, MEETINGS AND FUNDRAISING EVENTS. THE VENUE HOSTED 1 STAKEHOLDER EVENT THIS YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jan Dietrich Executive Director | Officer | 40 | $63,925 |
Laurence Martin Vice President | OfficerTrustee | 1 | $0 |
Brooke Murphy Immediate Past-President | OfficerTrustee | 2 | $0 |
Ron Yates President | OfficerTrustee | 2 | $0 |
Steve Ballock Treasurer | OfficerTrustee | 2 | $0 |
Duncan Peete Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $543,654 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,162,117 |
| Noncash contributions included in lines 1a–1f | $72,643 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,705,771 |
| Total Program Service Revenue | $42,366 |
| Investment income | $53,606 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $105,920 |
| Net Income from Fundraising Events | -$14,609 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,893,054 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $62,849 |
| Compensation of current officers, directors, key employees. | $6,479 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $167,991 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $11,722 |
| Payroll taxes | $22,268 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $33,249 |
| Office expenses | $17,448 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $50,479 |
| Travel | $9,339 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $66,145 |
| Insurance | $34,713 |
| All other expenses | $11,745 |
| Total functional expenses | $586,333 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $227,096 |
| Savings and temporary cash investments | $33,845 |
| Pledges and grants receivable | $2,720,129 |
| Accounts receivable, net | $21 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $860 |
| Prepaid expenses and deferred charges | $25,414 |
| Net Land, buildings, and equipment | $13,046,673 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,434,719 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,753 |
| Total assets | $18,498,510 |
| Accounts payable and accrued expenses | $80,427 |
| Grants payable | $0 |
| Deferred revenue | $257,406 |
| 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 | $1,013,210 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $45,386 |
| Total liabilities | $1,396,429 |
| Net assets without donor restrictions | $14,981,208 |
| Net assets with donor restrictions | $2,120,873 |
| 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 | $18,498,510 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Alberta Bair Theater Corporation has recieved totaling $91,169.
| Awarding Organization | Amount |
|---|---|
Montana Community Foundation Inc Helena, MT PURPOSE: 2021 ANNUAL DISTRIBUTION | $43,044 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $26,000 |
American Endowment Foundation Hudson, OH PURPOSE: ARTS, CULTURE | $20,000 |
Andrew And Paulette Laszlo Foundation Inc Billings, MT PURPOSE: PHILANTHROPIC PURPOSES | $1,500 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $625 |
Endowment Analysis
| Beg. Balance | $1,605,174 |
| Earnings | $417,997 |
| Admin Expense | $9,300 |
| Net Contributions | $209,500 |
| Other Expense | $81,920 |
| Ending Balance | $2,141,451 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mct Inc Missoula, MT | $5,451,347 | $4,816,315 |
Idaho Shakespeare Festival Inc Boise, ID | $8,329,786 | $2,964,259 |
Northern Prairie Performing Arts Fargo, ND | $4,316,249 | $3,798,008 |
Boise Contemporary Theater Inc Boise, ID | $1,894,253 | $1,029,010 |
Black Hills Playhouse Inc Rapid City, SD | $2,223,287 | $1,467,369 |
Alpine Theatre Project Inc Whitefish, MT | $92,577 | $848,953 |
Broadwater Productions Inc Helena, MT | $1,314,626 | $1,165,459 |
Sioux Falls State Theatre Company Sioux Falls, SD | $8,341,644 | $690,412 |
Sioux Empire Community Theatre Inc Sioux Falls, SD | $574,330 | $741,311 |
Montana Theatreworks Inc Bozeman, MT | $2,588,570 | $1,183,998 |
Alberta Bair Theater Corporation Billings, MT | $18,498,510 | $1,893,054 |
Off Square Theatre Company Jackson, WY | $301,646 | $526,987 |