Williamston Theatre
- Assets
- $978.9k
- Revenue
- $577.2k
- Investments
- $0.0
- Employees
- 18
- Location
- Williamston, MI
- Founding
- 03/2005
- Data as of
- 08/2023
- EIN
- 86-1125090
Organization Overview
Williamston Theatre is located in Williamston, MI. The organization was established in 2005. 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 08/2023, Williamston Theatre employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Williamston Theatre 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 08/2023, Williamston Theatre generated $577.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $671.7k during the year ending 08/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
WILLIAMSTON THEATRE IS A PROFESSIONAL REGIONAL THEATRE THAT OFFERS A DIVERSE ARRAY OF INTIMATE STORYTELLING EXPERIENCES TO ENTERTAIN, BUILD A SENSE OF BELONGING AND FOSTER EMPATHY FOR THE HUMAN JOURNEY. THE THEATRE'S CORE VALUES ARE: EXCELLENCE-TO CREATE AN ATMOSPHERE THAT EMPOWERS ARTISTS TO DO THEIR FINEST WORK. INCLUSION-COMMITMENT TO AN ENVIRONMENT THAT FOSTERS DIVERSITY, OPENNESS, AND INTEGRITY. THERE IS RESPECT FOR VARIED BACKGROUNDS AND LIFE EXPERIENCE. CREATING A SENSE OF PLACE-THE THEATRE BELIEVES THAT WE ENHANCE OUR REGION BY PAYING CREATIVES AND ENCOURAGE THEM TO CREATE WE INVEST LOCALLY-IN BOTH TALENT AND PRODUCTS. WE FOSTER CIVIC DIALOGUE WITH ART AT THE CENTER AND ENDEAVOR TO BE A HIGHLY RESPECTED ARTISTIC HOME FOR OUR REGION. SUSTAINABILITY-WE USE THE THEATRE'S RESOURCES MINDFULLY, INVESTING IN A VITAL FUTURE FOR OUR INSTITUTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE FISCAL YEAR ENDED 8/31/23, THE ORGANIZATION MOUNTED SIX FULL PRODUCTIONS INCLUDING THREE WORLD PREMIERS OF NEW PLAYS. A TOTAL OF 8,623 PATRONS ATTENDED PERFORMANCES. ADDITIONALLY, THE ORGANIZATION OFFERED SEVERAL FREE PLAY READINGS. THESE ACTIVITIES WERE IN SUPPORT OF THE ORGANIZATION'S MISSION. COMMUNITY SUPPORT REMAINED STRONG WITH A TOTAL OF 304,076 IN CONTRIBUTIONS FROM INDIVIDUALS, GRANTING ORGANIZATIONS AND CORPORATIONS. COVID-19 OPERATING PROTOCALLS WERE CONTINUALLY AMENDED THROUGHOUT THE YEAR DUE TO THE EVOLVING COVID-19 VIRUS. POLICIES REFLECTED BEST PRACTICES AS ADVISED BY THE CDC AND STATE AND COUNTY HEALTH DEPARTMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philip Effiong Director | Trustee | 2 | $0 |
Patrick Hanes Director | Trustee | 2 | $0 |
Sarah Hendrickson Director | Trustee | 2 | $0 |
Benjamin Lash Student Posi | Trustee | 2 | $0 |
John Lepard Director | Trustee | 2 | $0 |
Mara Mcgill Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $309,675 |
| All other contributions, gifts, grants, and similar amounts not included above | $34,279 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $343,954 |
| Total Program Service Revenue | $231,861 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $577,173 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $314,010 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $57,476 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,178 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $42,081 |
| Office expenses | $31,695 |
| Information technology | $0 |
| Royalties | $18,857 |
| Occupancy | $11,792 |
| Travel | $8,916 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $770 |
| Interest | $1,418 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $37,057 |
| Insurance | $9,780 |
| All other expenses | $18,056 |
| Total functional expenses | $671,695 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $127,846 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $26,379 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $33,866 |
| Net Land, buildings, and equipment | $790,803 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $978,894 |
| Accounts payable and accrued expenses | $7,672 |
| Grants payable | $0 |
| Deferred revenue | $53,946 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $49,414 |
| Other liabilities | $0 |
| Total liabilities | $111,032 |
| Net assets without donor restrictions | $864,042 |
| Net assets with donor restrictions | $3,820 |
| 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 | $978,894 |