Foundry Theater Inc is located in Huntington, WV. According to its NTEE Classification (A25) the organization is classified as: Arts Education, 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. Foundry Theater 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 06/2023, Foundry Theater Inc generated $91.9k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $88.3k during the year ending 06/2023. While expenses have increased by 6.0% per year over the past 2 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
2023
Describe the Organization's Program Activity:
Part 3
TO SERVE THE PUBLIC AS A PRESENTER OF ARTS AND ENTERTAINMENT FOR FAMILY AUDIENCES, TO PROMOTE THE ARTS AND CREATE A HUB FOR CREATIVES OF THE UNDERSERVERED APPALACHIAN REGION AND TO PROVIDE EDUCATIONAL ARTS PROGRAMMING FOR THE PUBLIC AND FOR AREA SCHOOLS.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Cory Dennison President | 2 | $0 | |
| Michael Valentine Vice Preside | 2 | $0 | |
| Patrick Woodward II Treasurer | 5 | $0 | |
| Megan Woodward Secretary | 2 | $0 | |
| Parry Casto Member | 1 | $0 | |
| Jill Lafear Member | 1 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,873 | 
| Total Program Service Revenue | $67,993 | 
| Membership dues | $0 | 
| Investment income | $0 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $91,866 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $0 | 
| Salaries, other compensation, and employee benefits | $12,862 | 
| Professional fees and other payments to independent contractors | $6,346 | 
| Occupancy, rent, utilities, and maintenance | $4 | 
| Printing, publications, postage, and shipping | $332 | 
| Other expenses | $68,792 | 
| Total expenses | $88,336 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,583 | 
| Other assets | $0 | 
| Total assets | $10,583 | 
| Total liabilities | $4,624 | 
| Net assets or fund balances | $5,959 |