Strand Ballroom Corporation
- Assets
- $12.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dover, NH
- Founding
- 03/2018
- Data as of
- 12/2021
- EIN
- 82-2613766
Organization Overview
Strand Ballroom Corporation is located in Dover, NH. The organization was established in 2018. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, 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. Strand Ballroom 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 12/2021, Strand Ballroom Corporation generated $147.1k in total revenue. All expenses for the organization totaled $127.4k during the year ending 12/2021. While expenses have increased by 24.2% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE STRAND OFFERS A VARIETY OF FAMILY AND ADULT ENTERTAINMENT, ALONG WITH PERFORMING ARTS CLASSES FOR CHILDREN. WE HAVE AN OPEN STAGE EVENT- A FREE EVENT FOR HIGH SCHOOL AND ADULT PERFORMERS, FROM COMEDY TO SINGER SONG WRITERS TO DANCERS TO POETS, ALL WITH THE OPPORTUNITY TO HAVE STAGE TIME. THE PUBLIC IS INVITED TO SUPPORT LOCAL PERFORMERS AND ARTISTS AT NO CHARGE. OVER 100 PERFORMERS AND ARTISTS AND HUNDREDS OF PUBLIC SUPPORTERS HAVE BENEFITED FROM THIS EVENT. APPROXIMATELY HALF OF THE PERFORMERS ARE IN RECOVERY FROM BRAIN INJURIES AND/OR SUBSTANCE ABUSE. WE ARE ALSO A VENUE FOR INDEPENDENT FILM MAKERS, BIRTHDAY PARTIES, WEDDINGS, CONCERTS, CORPORATE SEMINARS, POLITICAL CAMPAIGNS, MOVIES, DANCE RECITALS, COMEDIANS ETC.. WE EVEN HAVE HAD A FEW MOVIES AND MUSIC VIDEOS FILMED HERE. 2019 HAS BROUGHT IN ALMOST 1500 CUSTOMERS THROUGH OUR DOORS TO ATTEND OUR EVENTS AND UP OVER 40% IN REVENUE COMPARED TO 2018.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Demers President | 60 | $1,542 | |
Eric Lewis Secretery | 5 | $0 | |
Gerry Foss Board Member | 1 | $0 | |
Aaron Vezeau Board Member | 5 | $0 | |
Thomas F Dobens Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $77,170 |
| Total Program Service Revenue | $25,707 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $147,063 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,542 |
| Professional fees and other payments to independent contractors | $22,560 |
| Occupancy, rent, utilities, and maintenance | $45,841 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $57,442 |
| Total expenses | $127,385 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,574 |
| Other assets | $0 |
| Total assets | $12,480 |
| Total liabilities | $71,343 |
| Net assets or fund balances | -$58,863 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Strand Ballroom Corporation has recieved totaling $13,000.
| Awarding Organization | Amount |
|---|---|
Pay It Forward Foundation Inc Pittsburgh, PA PURPOSE: TO ASSIST SMALL BUSINESSES STRUGGLING FROM THE COVID-19 DISASTER | $12,000 |
Eastern Bank Charitable Foundation Lynn, MA PURPOSE: EXEMPT PURPOSE | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wang Theatre Inc Boston, MA | $18,276,113 | $31,405,491 |
Celebrity Series Of Boston Boston, MA | $21,295,635 | $11,486,131 |
Tremont Theatre Inc Boston, MA | $4,028,653 | $4,834,729 |
Palace Theatre Trust Manchester, NH | $12,127,067 | $4,561,211 |
Friends Of The Music Hall Portsmouth, NH | $11,111,524 | $6,060,196 |
Cabot Performing Arts Center Inc Beverly, MA | $9,302,777 | $5,349,464 |
Boston Center For The Arts Inc Boston, MA | $29,580,802 | $3,268,105 |
The Wang Center For The Performing Arts Inc Boston, MA | $34,395,056 | $6,359,659 |
Worcester County Mechanics Association Worcester, MA | $9,068,606 | $3,158,410 |
South Shore Playhouse Associates Inc Cohasset, MA | $13,347,958 | $641,064 |
Greater Boston Stage Company Stoneham, MA | $1,456,357 | $2,040,521 |
Colonial Theatre Group Inc Keene, NH | $16,858,663 | $2,169,937 |