Iowa Theatre Artists Company in Amana, Iowa (IA)
Table of contents:
| Iowa Theatre Artists Company | |
| Employer Identification Number (EIN) | 261653822 |
| Name of Organization | Iowa Theatre Artists Company |
| In Care of Name | Thomas P Johnson |
| Address | 4709 220th Trl, Amana, IA 52203-8033 |
| Subsection | Charitable Organization |
| Ruling Date | 06/2008 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $184,649 |
| Amount of Income | $76,002 |
| Form 990 Revenue Amount | $76,002 |
| National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: Theater |
Non-representatives - add comments:
Amount of income in 2013: $76,002 (it was $111,916 in 2012)
| This organization: | $76,002 |
| Other organizations performing similar types of work: | $71,420 |
Assets in 2013: $184,649 (it was $192,829 in 2012)
| This organization: | $184,649 |
| Other organizations performing similar types of work: | $18,654 |
Expenses in 2013: $106,374
| Iowa Theatre Artists Company: | $106,374 |
| Other organizations performing similar types of work: | $69,900 |
Income to expenses ratio in 2013: 0.7
| Iowa Theatre Artists Company: | 0.7 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2013: 45.2%
| Iowa Theatre Artists Company: | 45.2% |
| Other organizations performing similar types of work: | 1.7% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||||
| 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|
| Total revenue | $143,591 | $160,673 | $111,916 | $76,002 |
| Contributions, gifts, grants, and similar amounts received | $40,718 | $43,788 | $21,089 | $34,333 |
| Program service revenue including government fees and contracts | $95,916 | $107,862 | $90,825 | $41,669 |
| Membership dues and assessments | $0 | $0 | $0 | $0 |
| Investment income | $10 | $30 | $2 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $6,947 | $0 | $0 | $0 |
| Other revenue | $0 | $8,963 | $0 | $0 |
| Total expenses | $219,436 | $191,348 | $196,664 | $106,374 |
| Total net assets | $-206,865 | $-237,310 | $-322,058 | $-352,430 |
| Excess/Deficit for the year | $-75,845 | $-30,675 | $-84,748 | $-30,372 |
| Net assets or fund balances at beginning of year | $-131,020 | $-206,635 | $-237,310 | $-322,058 |
| Other changes in net assets or fund balances | $0 | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $-237,540 | $-322,058 | $-352,430 | |
| Balance Sheets | ||||
| 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|
| Total assets | $208,444 | $201,438 | $192,829 | $184,649 |
| Total liabilities | $415,309 | $438,748 | $514,887 | $537,079 |
| Net assets or fund balances | $-206,865 | $-237,310 | $-322,058 | $-352,430 |
| Other Information | ||||
| 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | No | No | |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | Yes | Yes | Yes | |
| Total amount involved | $218,976 | $242,343 | $269,358 | |
| Initiation fees and capital contributions | $0 | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | No | |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $635,128 |
| Subtotal | $635,128 |
| Gifts, grants, contributions, and membership fees received | $155,702 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $441,021 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $38,405 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $635,226 |
| Public support | $635,128 |
| Subtotal | $98 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $98 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Theatre Advancement Production Society Inc | 8204 Highway 100, Nashville, TN 37221-4051 | TN | 2010-01 | $574,450 |
| 2 | Yellow Tape Construction Co | 6106 Glen Meadow Dr, Austin, TX 78745 | TX | 2006-11 | $26,790 |
| 3 | Des Moines Social Club | 900 Mulberry St, Des Moines, IA 50309-3614 | IA | 2008-05 | $1,276,082 |
| 4 | Sierra Community Theatre | PO BOX 346, Jefferson, IA 50129-0346 | IA | 2013-01 | $438,652 |
| 5 | Washington Community Theater Inc | PO BOX 347, Washington, IA 52353-0347 | IA | 1971-05 | $285,085 |
| 6 | Charles Theatre Inc | 409 N Main St, Charles City, IA 50616-2021 | IA | 2010-04 | $216,588 |
| 7 | Castle Theatre Inc | PO BOX 127, Manchester, IA 52057-0127 | IA | 2011-06 | $215,423 |
| 8 | Grand Theatre Of Oelwein Inc | PO BOX 469, Oelwein, IA 50662-0469 | IA | 2011-01 | $193,860 |
| 9 | Clarion Theatre Group Inc | 326 Central Ave E, Clarion, IA 50525 | IA | 2013-07 | $146,841 |
| 10 | Working Group Theatre Inc | 602 Rundell Street, Iowa City, IA 52240 | IA | 2011-03 | $118,366 |
| 11 | Red Oak Grand Theatre Inc | 307 E Reed St, Red Oak, IA 51566-4300 | IA | 2010-12 | $107,203 |
| 12 | Help Enterain And Restore Organization Inc | 610 Second Street, Webster City, IA 50595-1439 | IA | 2014-08 | $105,584 |
| 13 | Voices Productions | PO BOX 3095, Dubuque, IA 52004-3095 | IA | 2013-02 | $101,183 |
| 14 | Rising Star Theatre Company | 1310 White St, Dubuque, IA 52001-5039 | IA | 2012-07 | $93,924 |
| 15 | Spt Theatre Company | 115 Third Street Se Po Box 2107, Cedar Rapids, IA 52406 | IA | 2007-01 | $78,383 |
| 16 | Story Theater Company | Po Box 436, Ames, IA 50010 | IA | 2007-02 | $73,234 |
| 17 | Scit Theater Two Incorporated | 106 Nw Church St, Leon, IA 50144-1339 | IA | 2013-08 | $53,846 |
| 18 | Way Off Broadway Musical Theatre Inc | PO BOX 2454, Fairfield, IA 52556-0041 | IA | 2009-07 | $52,524 |
| 19 | Great River Players Inc | Po Box 112, Keokuk, IA 52632 | IA | 2002-01 | $50,756 |
| 20 | The@iowa Shakespeare Experience | 669 20th St, Des Moines, IA 50314-1002 | IA | 2011-05 | $49,509 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 5,483 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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