New Reno Little Theater
- Assets
- $1.3m
- Revenue
- $797.1k
- Investments
- $0.0
- Employees
- 6
- Location
- Reno, NV
- Founding
- 07/1978
- Data as of
- 07/2023
- EIN
- 88-0054639
Organization Overview
New Reno Little Theater is located in Reno, NV. The organization was established in 1978. 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 07/2023, New Reno Little Theater employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Reno Little Theater 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 07/2023, New Reno Little Theater generated $797.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $787.2k during the year ending 07/2023. While expenses have increased by 10.3% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
COMMUNITY THEATER PRODUCTION
Describe the Organization's Program Activity:
Part 3 - Line 4a
RLT HAD 6 MAINSTAGE PRODUCTIONS WITH 6,970 AUDIENCE MEMBERS.
RLT HAD 13 CLASSES WITH A TOTAL OF 142 STUDENTS ENROLLED, 18 CAMPS WITH 239 STUDENTS ENROLLED, 12 EDUCATION SHOWS AND SHOWCASES WITH A TOTAL OF 2,264 AUDIENCE MEMBERS. RLT ALSO HAD 39 CO-PRODUCED EVENTS WITH RESIDENT COMPANIES WITH A TOTAL OF 2,580 AUDIENCE MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adriano Cabral Chair | OfficerTrustee | 5 | $0 |
Kiah Beverly-Graham Vice Chair | OfficerTrustee | 2 | $0 |
Moira Bengochea Secretary | OfficerTrustee | 2 | $0 |
Scott Hernandez Treasurer | OfficerTrustee | 2 | $0 |
Judy Davis Rounds Director | Trustee | 1 | $0 |
Darcy Lenardson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $29,719 |
| All other contributions, gifts, grants, and similar amounts not included above | $276,318 |
| Noncash contributions included in lines 1a–1f | $2,115 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $306,037 |
| Total Program Service Revenue | $493,517 |
| Investment income | $4,300 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$6,755 |
| 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 | $797,099 |
| 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. | $90,452 |
| Compensation of current officers, directors, key employees. | $36,181 |
| Compensation to disqualified persons | $106,800 |
| Other salaries and wages | $122,027 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $32,516 |
| Payroll taxes | $32,366 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,332 |
| Advertising and promotion | $24,947 |
| Office expenses | $21,650 |
| Information technology | $9,380 |
| Royalties | $15,966 |
| Occupancy | $32,912 |
| Travel | $5,075 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,194 |
| Interest | $286 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $55,511 |
| Insurance | $16,101 |
| All other expenses | $18,303 |
| Total functional expenses | $787,164 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $404,483 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,580 |
| 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 | $34,680 |
| Net Land, buildings, and equipment | $846,581 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,164 |
| Total assets | $1,294,488 |
| Accounts payable and accrued expenses | $11,625 |
| Grants payable | $0 |
| Deferred revenue | $81,591 |
| 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 | $0 |
| Other liabilities | $6,990 |
| Total liabilities | $100,206 |
| Net assets without donor restrictions | $1,194,282 |
| Net assets with donor restrictions | $0 |
| 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 | $1,294,488 |