Spencer Theater For The Performing Arts Inc

Organization Overview

Spencer Theater For The Performing Arts Inc is located in Alto, NM. The organization was established in 1993. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Spencer Theater For The Performing Arts Inc employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spencer Theater For The Performing Arts 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 12/2021, Spencer Theater For The Performing Arts Inc generated $2.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $2.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ENRICH THE CULTURAL LIVES OF SOUTHCENTRAL NEW MEXICO'S RESIDENTS AND VISTORS. THIS IS ACCOMPLISHED BY THE OPERATION OF A YEAR-ROUND VENUE FOR WORLD CLASS PERFORMANCES IN THEATER, MUSIC AND DANCE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPERATION AND MANAGEMENT OF SPENCER THEATER FOR PERFORMING ARTS.


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Board, Officers & Key Employees

Name (title)Compensation
Charles Centilli
Executive Di
$140,212
Ronnie Hemphill
Treasurer
$0
Frank Sayner
President
$0
Karen Armstrong
Director
$0
Leon Kranz
Member
$0
Bruce Morgan
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $549,013
All other contributions, gifts, grants, and similar amounts not included above$2,007,096
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,556,109
Total Program Service Revenue$185,465
Investment income $227,700
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$111,605
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,857,669

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Spencer Theater For The Performing Arts Inc has recieved totaling $674,000.

Awarding OrganizationAmount
Kbk Foundation

Denver, CO

PURPOSE: CULTURAL

$625,000
R D & Joan Dale Hubbard Foundation

Ruidoso, NM

PURPOSE: GENERAL SUPPORT

$35,000
Communities Foundation Of Texas

Dallas, TX

PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.

$10,000
Everett And Joy Crawford Family Foundation

Mesilla Park, NM

PURPOSE: TO SUPPORT PERFORMING ARTS

$3,000
Mitchel & Aubrey Johnson Family Foundation

Aledo, TX

PURPOSE: GENERAL SUPPORT

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,622,150
Earnings$227,577
Admin Expense$14,245
Other Expense$1,119
Ending Balance$1,834,363

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