Watershed Public Theatre
Fiscal Year
Fiscal Year Start
07/01/2023
Fiscal Year End
06/30/2024
Projected Revenue
$129,065.00
Projected Expenses
$129,065.00
Organizational Budgets and Other Documents
| 2023-24 Projected Budget | 2024 |
| 2022-23 Projected Budget | 2023 |
| 2021-22 Projected Budget | 2022 |
| 2020-21 Projected Budget | 2021 |
| 2019-20 Projected Budget | 2020 |
| 2018-19 Projected Budget | 2019 |
| 2017-18 Projected Budget | 2018 |
| 2016-2017 Budget | 2017 |
IRS Letter of Exemption
| IRS Letter of Determination |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $80,624.00 | $34,356.00 | |
| Total Expenses | $63,585.00 | $34,904.00 | |
| Revenue Less Expenses | ($-0.00) | $17,039.00 | ($548.00) |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $11,876.00 | $0.00 | |
| Government - Federal | $14,000.00 | $0.00 | |
| Government - State | $15,320.00 | $0.00 | |
| Government - Local | $0.00 | $0.00 | |
| Government - Unspecified | $0.00 | $0.00 | |
| Contributions, Gifts, and Grants | $25,390.00 | $31,203.00 | |
| Indirect Public Support | $0.00 | $0.00 | |
| Earned Revenue | $14,038.00 | $3,153.00 | |
| Investment Income, Net of Losses | $0.00 | $0.00 | |
| Membership Dues | $0.00 | $0.00 | |
| Special Events | $0.00 | $0.00 | |
| Revenue In-Kind | $0.00 | $0.00 | |
| Other | $0.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $60,548.00 | $32,155.00 | |
| Administration Expense | $3,037.00 | $2,749.00 | |
| Fundraising Expense | $0.00 | $0.00 | |
| Total Revenue/Total Expenses | 127% | 98% | |
| Program Expense/Total Expenses | 95% | 92% | |
| Fundraising Expense/Contributed Revenue | 0% | 0% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | $0.00 | Contributions, Gifts, and Grants $25,390.00 | Contributions, Gifts, and Grants $31,203.00 |
| Second Highest Funding Source & Dollar Amount | $0.00 | State Government Grants $15,320.00 | Program Revenue $3,153.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | Program Revenue $14,038.00 | $0.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $59,992.00 | $43,059.00 | |
| Current Assets | $59,992.00 | $43,059.00 | |
| Long-Term Liabilities | $24,594.00 | $24,700.00 | |
| Current Liabilities | $0.00 | $0.00 | |
| Total Net Assets | $35,398.00 | $18,359.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
December
Permit Expiration Year
2024
Form 990s
| 2021-2022 990-EZ | 2022 |
| 2020-21 990-EZ | 2021 |
| 2019-20 990-EZ | 2020 |
| 2018-19 990-EZ | 2019 |
| 2017-2018 990N | 2018 |
| 2016-2017 990N | 2017 |
| 2015-2016 990N | 2016 |
| 2014-2015 990N | 2015 |
Audit Documents
No audit documents are available at this time
Foundation Staff Comments
| Financial figures taken from the Form 990EZ, which was prepared by Alan C. Thompson, CPA. Schedule B removed to protect donor privacy. Comments provided by Nicole Rose 02/01/2023. |
