Civic Intelligence

Latchis Arts Inc.

990 • Fiscal year 2021 • EIN 03-0231573

Jul 01, 2020 to Jun 30, 2021 • Filed on Apr 08, 2022

Organization ProfileWWW.LATCHIS.ORG
50 Main StreetBrattleboro, VT 05301

(802) 254-1109

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

65th percentile

0.18x

Higher debt load relative to assets than 65% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

94th percentile

3.02x

Higher debt load relative to revenue than 94% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

13th percentile

-13%

Higher net margin than 13% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

47th percentile

7.9%

Faster asset growth than 47% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

5th percentile

-49%

Faster revenue growth than 5% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$1,259,053

Up $92,311 (+7.9%) from 2020

Net Assets

Up

$1,036,763

Up $96,939 (+10%) from 2020

Liabilities

Down

$222,290

Down $4,628 (-2.0%) from 2020

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin13th percentile

Revenue

Down

$73,556

Down $71,869 (-49%) from 2020

Expenses

Down

$83,486

Down $55,639 (-40%) from 2020

Net Income

Down

-$9,930

Down $16,230 (-258%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth47th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2011: $1,752,526Liabilities 2011: $312,522Net Assets 2011: $1,440,0042011Assets 2012: $1,588,683Liabilities 2012: $315,298Net Assets 2012: $1,273,3852012Assets 2013: $1,827,173Liabilities 2013: $290,416Net Assets 2013: $1,536,7572013Assets 2014: $2,063,092Liabilities 2014: $281,590Net Assets 2014: $1,781,5022014Assets 2015: $1,864,628Liabilities 2015: $271,394Net Assets 2015: $1,593,2342015Assets 2016: $1,879,220Liabilities 2016: $262,659Net Assets 2016: $1,616,5612016Assets 2017: $1,667,645Liabilities 2017: $251,000Net Assets 2017: $1,416,6452017Assets 2018: $1,554,089Liabilities 2018: $243,875Net Assets 2018: $1,310,2142018Assets 2019: $1,364,662Liabilities 2019: $232,683Net Assets 2019: $1,131,9792019Assets 2020: $1,166,742Liabilities 2020: $226,918Net Assets 2020: $939,8242020Assets 2021: $1,259,053Liabilities 2021: $222,290Net Assets 2021: $1,036,7632021Assets 2022: $1,308,952Liabilities 2022: $215,047Net Assets 2022: $1,093,9052022Assets 2023: $1,307,535Liabilities 2023: $207,382Net Assets 2023: $1,100,1532023Assets 2024: $1,228,132Liabilities 2024: $203,323Net Assets 2024: $1,024,8092024Assets 2025: $1,091,869Liabilities 2025: $190,875Net Assets 2025: $900,9942025

Highlighted filing

2021

Assets$1,259,053
Liabilities$222,290
Net Assets$1,036,763
Open 2021 Filing

Operations Trend

Revenue Growth5th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2011: $131,699Expenses 2011: $113,589Net Income 2011: $18,1102011Revenue 2012: $206,641Expenses 2012: $130,611Net Income 2012: $76,0302012Revenue 2013: $346,069Expenses 2013: $82,697Net Income 2013: $263,3722013Revenue 2014: $332,341Expenses 2014: $114,411Net Income 2014: $217,9302014Revenue 2015: $71,624Expenses 2015: $104,889Net Income 2015: -$33,2652015Revenue 2016: $133,752Expenses 2016: $110,425Net Income 2016: $23,3272016Revenue 2017: $87,112Expenses 2017: $129,421Net Income 2017: -$42,3092017Revenue 2018: $88,364Expenses 2018: $129,192Net Income 2018: -$40,8282018Revenue 2019: $117,994Expenses 2019: $112,685Net Income 2019: $5,3092019Revenue 2020: $145,425Expenses 2020: $139,125Net Income 2020: $6,3002020Revenue 2021: $73,556Expenses 2021: $83,486Net Income 2021: -$9,9302021Revenue 2022: $103,735Expenses 2022: $97,477Net Income 2022: $6,2582022Revenue 2023: $278,340Expenses 2023: $191,366Net Income 2023: $86,9742023Revenue 2024: $249,172Expenses 2024: $161,818Net Income 2024: $87,3542024Revenue 2025: $188,359Expenses 2025: $203,767Net Income 2025: -$15,4082025

Highlighted filing

2021

Revenue$73,556
Expenses$83,486
Net Income-$9,930
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Apr 8, 2022
Return Version
2020v4.0
Gross Receipts
$73,896
Mission and Program Overview

Mission

Renovations of latchis theatre in brattleboro, vermont

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$898,304$1,007,102▲ $108,798
Intangible Assets$176,191$154,167▼ $22,024
Cash and Non-Interest-Bearing Accounts$47,305$50,567▲ $3,262
Other Notes and Loans Receivable, Net$25,000$25,000→ $0
Accounts Receivable$9,204$11,622▲ $2,418
Savings and Temporary Cash Investments$10,299$10,316▲ $17
Land, Buildings, and Equipment, Net$439$279▼ $160
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,166,742$1,259,053▲ $92,311
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$226,831$222,290▼ $4,541
Accounts Payable and Accrued Expenses$85--
Other Liabilities$2--
Total Liabilities$226,918$222,290▼ $4,628
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$934,679$1,031,618▲ $96,939
Net Assets With Donor Restrictions$5,145$5,145→ $0
Total Net Assets Fund Balance$939,824$1,036,763▲ $96,939
Total Liabilities and Net Assets / Fund Balance$1,166,742$1,259,053▲ $92,311

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$279$4,753$5,032
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

NameTitle
Angela SnowPresident
Anne LatchisDirector
Ian HefeleDirector
Joey MorganDirector
Maxx PassionDirector
Sarah SwankDirector
Tony BaconDirector
Jonathan PotterExecutive Director
Chris HardeeVP & Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$62,149
Program Service Revenue
$9,821
Investment Income
$34
Other Revenue
$1,552
All Other Contributions
$62,149
Change in Net Assets
$-9,930
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$54,969
Salaries, Compensation, and Employee Benefits$28,517
Total Fundraising Expense$1,635
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$25,817-$25,817
Depreciation Depletion$9,096$13,088-$22,184
Interest$5,623$8,091-$13,714
Fees for Services Accounting-$3,725-$3,725
Other Employee Benefits-$2,700-$2,700
Advertising$677$972-$1,649
Office Expenses-$1,635-$1,635
Insurance$525$756-$1,281
Other Expenses$371$534$1,635$905
Travel$30$45-$75
Total Functional Expenses$19,038$62,813$1,635$83,486
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“Form 990 is reviewed by the managing director”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“AVAILABLE UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Latchis Arts Inc
EIN
03-0231573
Phone
8022541109
Address
50 MAIN STREET, BRATTLEBORO, VT 05301

Signing Officer

Name
Angela Snow
Title
President
Signed
2022-04-08
Discuss with paid preparer
Yes

Organization Details

Formed
1997
Legal Domicile
Vt
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
21

Preparer

Firm
Downey Pieciak Fitzgerald & Co Pc
Address
10 PARK PLACE, BRATTLEBORO, VT 05301
Preparer
Joseph S Pieciak Jr CPA
Phone
8022571307
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

“Income from subsidiary = $106869”

Financial Statement Notes

Part X : FIN48 Footnote

“Management has analyzed its various federal and state income tax filings for the last three preceding years that remain open within the statute of limitations and they believe that Latchis' reported revenues and deductions are well documented and supported, and that no controversial or questionable income tax reporting positions have been taken regarding these filings. Consequently, management believes that there are no unasserted tax liabilities, interest or penalties related to these filings and, accordingly, has made no provision for contingent income tax liabilities.”

Raw XML AppendixShowing 400 of 494 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt085
IRS990/AccountsReceivableGrp/BOYAmt09204
IRS990/AccountsReceivableGrp/EOYAmt011622
IRS990/AcctCompileOrReviewBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0RENOVATIONS OF LATCHIS THEATRE IN BRATTLEBORO, VERMONT
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0972
IRS990/AdvertisingGrp/ProgramServicesAmt0677
IRS990/AdvertisingGrp/TotalAmt01649
IRS990/AllOtherContributionsAmt062149
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0JONATHAN POTTER
IRS990/BooksInCareOfDetail/PhoneNum08022541109
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt050 MAIN STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0BRATTLEBORO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VT
IRS990/BooksInCareOfDetail/USAddress/ZIPCd005301
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt047305
IRS990/CashNonInterestBearingGrp/EOYAmt050567
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt0340
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt062149
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt034
IRS990/CYOtherExpensesAmt054969
IRS990/CYOtherRevenueAmt01552
IRS990/CYProgramServiceRevenueAmt09821
IRS990/CYRevenuesLessExpensesAmt0-9930
IRS990/CYSalariesCompEmpBnftPaidAmt028517
IRS990/CYTotalExpensesAmt083486
IRS990/CYTotalFundraisingExpenseAmt01635
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt073556
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt013088
IRS990/DepreciationDepletionGrp/ProgramServicesAmt09096
IRS990/DepreciationDepletionGrp/TotalAmt022184
IRS990/Desc0RENOVATIONS OF LATCHIS THEATRE IN BRATTLEBORO, VERMONT
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt05145
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt05145
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt019038
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03725
IRS990/FeesForServicesAccountingGrp/TotalAmt03725
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt025.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0JONATHAN POTTER
IRS990/Form990PartVIISectionAGrp/PersonNm1ANGELA SNOW
IRS990/Form990PartVIISectionAGrp/PersonNm2CHRIS HARDEE
IRS990/Form990PartVIISectionAGrp/PersonNm3TONY BACON
IRS990/Form990PartVIISectionAGrp/PersonNm4SARAH SWANK
IRS990/Form990PartVIISectionAGrp/PersonNm5ANNE LATCHIS
IRS990/Form990PartVIISectionAGrp/PersonNm6JOEY MORGAN
IRS990/Form990PartVIISectionAGrp/PersonNm7IAN HEFELE
IRS990/Form990PartVIISectionAGrp/PersonNm8MAXX PASSION
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2VP & SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt073896
IRS990/GrossRentsGrp/RealAmt01892
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt0756
IRS990/InsuranceGrp/ProgramServicesAmt0525
IRS990/InsuranceGrp/TotalAmt01281
IRS990/IntangibleAssetsGrp/BOYAmt0176191
IRS990/IntangibleAssetsGrp/EOYAmt0154167
IRS990/InterestGrp/ManagementAndGeneralAmt08091
IRS990/InterestGrp/ProgramServicesAmt05623
IRS990/InterestGrp/TotalAmt013714
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt034
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt034
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0898304
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01007102
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04753
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0439
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0279
IRS990/LandBldgEquipCostOrOtherBssAmt05032
IRS990/LegalDomicileStateCd0VT
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0RENOVATIONS OF LATCHIS THEATRE IN BRATTLEBORO, VERMONT
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0226831
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0222290
IRS990/NetAssetsOrFundBalancesBOYAmt0939824
IRS990/NetAssetsOrFundBalancesEOYAmt01036763
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/ExclusionAmt0-340
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0-340
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt01892
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt01892
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0934679
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01031618
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01635
IRS990/OfficeExpensesGrp/TotalAmt01635
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt0106869
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02700
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02700
IRS990/OtherExpensesGrp/Desc0EVENT EXPENSES
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2BANK CHARGES
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/FundraisingAmt01635
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02572
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11336
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21542
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3534
IRS990/OtherExpensesGrp/ProgramServicesAmt01788
IRS990/OtherExpensesGrp/ProgramServicesAmt1928
IRS990/OtherExpensesGrp/ProgramServicesAmt2371
IRS990/OtherExpensesGrp/TotalAmt05995
IRS990/OtherExpensesGrp/TotalAmt12264
IRS990/OtherExpensesGrp/TotalAmt21542
IRS990/OtherExpensesGrp/TotalAmt3905
IRS990/OtherLiabilitiesGrp/BOYAmt02
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt025817
IRS990/OtherSalariesAndWagesGrp/TotalAmt025817
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt025000
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt025000
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0OTHER PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1OTHER PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2PRODUCED EVENTS
IRS990/ProgramServiceRevenueGrp/Desc3SPONSORSHIPS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt060
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt190
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21441
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt38230
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt060
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt190
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21441
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt38230
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt062317
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0105278
IRS990/PYOtherRevenueAmt05015
IRS990/PYProgramServiceRevenueAmt078093
IRS990/PYRevenuesLessExpensesAmt06300
IRS990/PYSalariesCompEmpBnftPaidAmt033847
IRS990/PYTotalExpensesAmt0139125
IRS990/PYTotalRevenueAmt0145425
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-9930
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt01892
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt010299
IRS990/SavingsAndTempCashInvstGrp/EOYAmt010316
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt062149
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt062317
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt056994
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt053189
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt037381
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0272030
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt034
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0697
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt09903
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt072
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt010706
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.96210
IRS990ScheduleA/PublicSupportPY170Pct00.96500
IRS990ScheduleA/PublicSupportTotal170Amt0272030
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt062149
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt062317
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt056994
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt053189
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt037381
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0272030
IRS990ScheduleA/TotalSupportAmt0282736
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt0279
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04753
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05032
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Management has analyzed its various federal and state income tax filings for the last three preceding years that remain open within the statute of limitations and they believe that Latchis' reported revenues and deductions are well documented and supported, and that no controversial or questionable income tax reporting positions have been taken regarding these filings. Consequently, management believes that there are no unasserted tax liabilities, interest or penalties related to these filings and, accordingly, has made no provision for contingent income tax liabilities.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0279
IRS990ScheduleD/TotalBookValueSecuritiesAmt01007102
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY THE MANAGING DIRECTOR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INCOME FROM SUBSIDIARY = $106869
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Changes In Net Assets Or Fund Balances - Other Increases
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0LATCHIS ARTS INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0030136615
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0VT
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct01.00000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0HOTEL & MOVIE THEATRE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0LATCHIS CORPORATION
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt050 MAIN STREET
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0BRATTLEBORO
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0VT
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd005301
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0LATCHIS CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0030136615
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0VT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt050 MAIN STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BRATTLEBORO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0VT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd005301
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,259,053
Liabilities
$222,290
Net assets
$1,036,763
Revenue
$73,556
Expenses
$83,486
Net income
-$9,930
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.09$0.19$0.90$0.19$0.20$0.02
2024Detailed filing. Detailed filing data is available for this year.$1.23$0.20$1.02$0.25$0.16$0.09
2023Detailed filing. Detailed filing data is available for this year.$1.31$0.21$1.10$0.28$0.19$0.09
2022Detailed filing. Detailed filing data is available for this year.$1.31$0.22$1.09$0.10$0.10$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.26$0.22$1.04$0.07$0.08$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.17$0.23$0.94$0.15$0.14$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.36$0.23$1.13$0.12$0.11$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.55$0.24$1.31$0.09$0.13$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.67$0.25$1.42$0.09$0.13$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.88$0.26$1.62$0.13$0.11$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.86$0.27$1.59$0.07$0.10$0.03
2014Detailed filing. Detailed filing data is available for this year.$2.06$0.28$1.78$0.33$0.11$0.22
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.83$0.29$1.54$0.35$0.08$0.26
2012Summary only. Only limited summary data is available for this year.$1.59$0.32$1.27$0.21$0.13$0.08
2011Summary only. Only limited summary data is available for this year.$1.75$0.31$1.44$0.13$0.11$0.02