Lakewood Community Players
- Assets
- $262.1k
- Revenue
- $196.5k
- Investments
- $0.0
- Employees
- 11
- Location
- Lakewood, WA
- Founding
- 06/1942
- Data as of
- 07/2024
- EIN
- 91-6058223
Organization Overview
Lakewood Community Players is located in Lakewood, WA. The organization was established in 1942. 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 07/2024, Lakewood Community Players employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lakewood Community Players 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 07/2024, Lakewood Community Players generated $196.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (7.3%) each year. All expenses for the organization totaled $350.5k during the year ending 07/2024. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 9 years. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
OPERATIONS OF A COMMUNITY THEATRE
Describe the Organization's Program Activity:
Part 3 - Line 4a
PLAY PRODUCTIONS
EDUCATIONAL PROGRAMS FOR SCHOOL AGE CHILDREN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Walsh Producing Artistic Director | 40 | $4,928 | |
Chris Blount President | OfficerTrustee | 2 | $0 |
Diane Tilstra Treasurer | OfficerTrustee | 2 | $0 |
Paige Hansen Vice President | OfficerTrustee | 2 | $0 |
Stephanie Huber Secretary | OfficerTrustee | 2 | $0 |
Gail Thomason Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $47,018 |
| All other contributions, gifts, grants, and similar amounts not included above | $48,112 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $95,130 |
| Total Program Service Revenue | $89,916 |
| Investment income | $52 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,330 |
| 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 | $196,531 |
| 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. | $42,428 |
| Compensation of current officers, directors, key employees. | $21,214 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $56,389 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,603 |
| 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 | $42,388 |
| Advertising and promotion | $7,344 |
| Office expenses | $24,172 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $25,084 |
| Travel | $225 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,439 |
| Insurance | $9,132 |
| All other expenses | $4,021 |
| Total functional expenses | $350,489 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,301 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $29,641 |
| Net Land, buildings, and equipment | $207,125 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $262,067 |
| Accounts payable and accrued expenses | $4,490 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $28,399 |
| Total liabilities | $32,889 |
| Net assets without donor restrictions | $229,178 |
| 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 | $262,067 |