Belcourt Theatre Inc.
Fiscal Year
Fiscal Year Start
01/01/2023
Fiscal Year End
12/31/2023
Projected Revenue
$3,309,200.00
Projected Expenses
$3,020,985.00
Organizational Budgets and Other Documents
IRS Letter of Exemption
| Belcourt Theatre, Inc IRS Ltr |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Revenue | $2,915,652.00 | $4,044,335.00 | $2,227,272.00 |
| Total Expenses | $2,933,789.00 | $2,492,065.00 | $2,203,603.00 |
| Revenue Less Expenses | ($18,137.00) | $1,552,270.00 | $23,669.00 |
Revenue Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | $0.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $652,601.00 | $2,185,322.00 | $691,509.00 |
| Contributions, Gifts, and Grants | $181,732.00 | $381,796.00 | $552,707.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $1,983,570.00 | $1,388,123.00 | $899,752.00 |
| Investment Income, Net of Losses | $19,648.00 | $4,471.00 | $5,404.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $77,260.00 | $83,034.00 | $77,775.00 |
| Revenue In-Kind | $0.00 | $0.00 | $0.00 |
| Other | $841.00 | $1,589.00 | $125.00 |
Expense Allocation
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Program Expense | $2,537,984.00 | $2,142,793.00 | $1,858,641.00 |
| Administration Expense | $236,870.00 | $207,143.00 | $205,882.00 |
| Fundraising Expense | $158,935.00 | $142,129.00 | $139,080.00 |
| Total Revenue/Total Expenses | 99% | 162% | 101% |
| Program Expense/Total Expenses | 87% | 86% | 84% |
| Fundraising Expense/Contributed Revenue | 5% | 6% | 6% |
Top Funding Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Program Revenue $1,983,570.00 | Government Grants $2,185,322.00 | Program Revenue $899,752.00 |
| Second Highest Funding Source & Dollar Amount | Government Grants $652,601.00 | Program Revenue $1,388,123.00 | Government Grants $691,509.00 |
| Third Highest Funding Source & Dollar Amount | Contributions, Gifts, and Grants $181,732.00 | Contributions, Gifts, Grants $381,796.00 | Contributions, Gifts, and Grants $552,707.00 |
Assets and Liabilities
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $8,898,801.00 | $8,909,570.00 | $7,313,449.00 |
| Current Assets | $3,625,163.00 | $3,405,256.00 | $1,526,982.00 |
| Long-Term Liabilities | $1,425,895.00 | $1,460,577.00 | $1,496,738.00 |
| Current Liabilities | $224,923.00 | $182,873.00 | $102,861.00 |
| Total Net Assets | $7,247,983.00 | $7,266,120.00 | $5,713,850.00 |
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
Under Extension
Solicitations Permit
Form 990s
Audit Documents
Foundation Staff Comments
| Financial data is taken from the 990. Contributions from Foundations/Corporations are included with Individuals, as figures are not fully separated in 990. Financials completed by Kraft CPAs, PLLC. Comments provided by Hayley Sulfridge 9/7/23. |
