Civic Intelligence

Pure Theatre

990 • Fiscal year 2017 • EIN 13-4240676

Jul 01, 2016 to Jun 30, 2017 • Filed on May 16, 2018

477 King StreetCharleston, SC 29403

(843) 723-4444

Siviq Scores

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

Liabilities / Assets

98th percentile

2.66x

Higher debt load relative to assets than 98% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

84th percentile

0.13x

Higher debt load relative to revenue than 84% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

18th percentile

-17%

Higher net margin than 18% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

7th percentile

-57%

Faster asset growth than 7% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

42nd percentile

-3.4%

Faster revenue growth than 42% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$16,919

Down $22,478 (-57%) from 2016

Net Assets

Down

-$28,145

Down $57,412 (-196%) from 2016

Liabilities

Up

$45,064

Up $34,934 (+345%) from 2016

Revenue

Down

$345,502

Down $12,260 (-3.4%) from 2016

Expenses

Down

$402,914

Down $12,767 (-3.1%) from 2016

Net Income

Up

-$57,412

Up $507 (+0.9%) from 2016

Historical Trend

Balance Sheet Trend

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

$200K$100K$0-$100KAssets 2011: $8,243Liabilities 2011: $02011Assets 2012: $4,019Liabilities 2012: $30,709Net Assets 2012: -$26,6902012Assets 2013: $21,090Liabilities 2013: $27,257Net Assets 2013: -$6,1672013Assets 2014: $54,207Liabilities 2014: $14,505Net Assets 2014: $39,7022014Assets 2015: $100,522Liabilities 2015: $13,336Net Assets 2015: $87,1862015Assets 2016: $39,397Liabilities 2016: $10,130Net Assets 2016: $29,2672016Assets 2017: $16,919Liabilities 2017: $45,064Net Assets 2017: -$28,1452017Assets 2018: $10,516Liabilities 2018: $29,693Net Assets 2018: -$19,1772018Assets 2019: $59,570Liabilities 2019: $59,685Net Assets 2019: -$1152019Assets 2020: $127,156Liabilities 2020: $121,609Net Assets 2020: $5,5472020Assets 2021: $157,044Liabilities 2021: $78,186Net Assets 2021: $78,8582021Assets 2022: $164,150Liabilities 2022: $89,234Net Assets 2022: $74,9162022Assets 2023: $189,443Liabilities 2023: $74,233Net Assets 2023: $115,2102023Assets 2024: $167,542Liabilities 2024: $95,065Net Assets 2024: $72,4772024Assets 2025: $138,323Liabilities 2025: $113,913Net Assets 2025: $24,4102025

Highlighted filing

2017

Assets$16,919
Liabilities$45,064
Net Assets-$28,145

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $192,690Expenses 2011: $189,672Net Income 2011: $3,0182011Expenses 2012: $239,4402012Revenue 2013: $146,099Expenses 2013: $125,576Net Income 2013: $20,5232013Revenue 2014: $315,383Expenses 2014: $269,514Net Income 2014: $45,8692014Revenue 2015: $379,459Expenses 2015: $331,975Net Income 2015: $47,4842015Revenue 2016: $357,762Expenses 2016: $415,681Net Income 2016: -$57,9192016Revenue 2017: $345,502Expenses 2017: $402,914Net Income 2017: -$57,4122017Revenue 2018: $437,695Expenses 2018: $428,727Net Income 2018: $8,9682018Revenue 2019: $378,818Expenses 2019: $359,756Net Income 2019: $19,0622019Revenue 2020: $532,962Expenses 2020: $388,145Net Income 2020: $144,8172020Revenue 2021: $334,014Expenses 2021: $299,329Net Income 2021: $34,6852021Revenue 2022: $487,182Expenses 2022: $543,997Net Income 2022: -$56,8152022Revenue 2023: $670,624Expenses 2023: $630,695Net Income 2023: $39,9292023Revenue 2024: $713,069Expenses 2024: $755,930Net Income 2024: -$42,8612024Revenue 2025: $782,248Expenses 2025: $829,321Net Income 2025: -$47,0732025

Highlighted filing

2017

Revenue$345,502
Expenses$402,914
Net Income-$57,412
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 16, 2018
Return Version
2016v3.0
Gross Receipts
$367,049
Mission and Program Overview

Mission

To create exceptional theatre experiences that enliven thought, ignite dialogue, and expand consciousness.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$5,336$7,879▲ $2,543
Receivables From Officers Etc-$3,817-
Cash and Non-Interest-Bearing Accounts$31,407$2,814▼ $28,593
Prepaid Expenses and Deferred Charges$339$1,356▲ $1,017
Land, Buildings, and Equipment, Net$2,315$1,053▼ $1,262
Total Assets$39,397$16,919▼ $22,478
Liabilities
Deferred Revenue$6,456$20,337▲ $13,881
Accounts Payable and Accrued Expenses$1,562$19,893▲ $18,331
Mortgage Notes Payable Secured by Investment Property$1,762$4,834▲ $3,072
Unsecured Notes Loans Payable$350--
Total Liabilities$10,130$45,064▲ $34,934
Net Assets / Fund Balance
Unrestricted Net Assets$29,267$-28,145▼ $57,412
Total Net Assets Fund Balance$29,267$-28,145▼ $57,412
Total Liabilities and Net Assets / Fund Balance$39,397$16,919▼ $22,478

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,053$5,258$6,311
Compensation and Service Providers

Board Members and Trustees

NameTitle
Amy GaffneyBoard Member
Catherine BurtonBoard Member
David AlbenbergBoard Member
James MarinoBoard Member
Mark McmahonBoard Member
Michael CullerBoard Member
Stephen WarnerBoard Member
Susan MeloyBoard Member
Terry FoxBoard Member
Vince GrahamBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$164,446
Program Service Revenue
$153,716
Investment Income
$886
Other Revenue
$26,454
All Other Contributions
$132,353
Change in Net Assets
$-57,412
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$257,777
Salaries, Compensation, and Employee Benefits$145,137
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$89,079--$89,079
Fees for Services Other$75,910$1,283-$77,193
Occupancy$54,000$18,000-$72,000
Current Officers, Directors, Trustees, and Key Employees$56,058--$56,058
Advertising-$26,435-$26,435
Royalties$16,286--$16,286
Travel$8,105--$8,105
All Other Expenses$775$2,928-$3,703
Other Expenses$1,017$2,571-$3,588
Insurance-$2,359-$2,359
Fees for Services Accounting-$1,800-$1,800
Office Expenses-$1,560-$1,560
Depreciation Depletion$1,262--$1,262
Information Technology-$1,011-$1,011
Interest-$971-$971
Total Functional Expenses$325,771$77,143$0$402,914
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$45,151
Fundraising Direct Expenses$21,547
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 Officers, Directors, Trustees, and Key Employees-$3,817-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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, Section A, Line 2

The producing director and artistic director of the theatre company are a married couple.

Form 990, Part VI, Section B, Line 11B

The producing and artistic directors review the 990 tax return prior to submission to the irs.

Form 990, Part VI, Section C, Line 19

The theatre provides all documents upon request.

Filing and Contact Details

Filer

Filer Name
Pure Theatre
EIN
13-4240676
Phone
8437234444
Address
477 KING STREET, CHARLESTON, SC 29403

Signing Officer

Name
Sharon Graci
Title
Artistic Director
Phone
8437234444
Signed
2018-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sharon Graci
Formed
2005
Legal Domicile
Sc
Voting Board Members
10
Independent Board Members
10
Employees
5
Volunteers
0

Preparer

Firm
Welch Roberts Amburn & Hutto LLC
Address
157 EAST BAY STREET, CHARLESTON, SC 29401
Preparer
Franklin H Amburn CPA
Phone
8435770148
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Actor, director, stage manager & designer fees: program service expenses 75,910. Management and general expenses 0. Fundraising expenses 0. Total expenses 75,910. Payroll processing fees: program service expenses 0. Management and general expenses 1,283. Fundraising expenses 0. Total expenses 1,283.

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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0155422
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0167508
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0176447
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt057412
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0744980
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0886
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0886
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0177972
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0212983
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0189831
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0129499
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt088687
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0798972
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0886
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0886
IRS990ScheduleA/InvestmentIncomeCYPct00.00060
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99940
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt01543952
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0366163
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0368405
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0357339
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0305946
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0146099
IRS990ScheduleA/Total509Grp/TotalAmt01543952
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0367049
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0368405
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0357339
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0305946
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0146099
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01544838
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/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01053
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt05258
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt06311
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01053
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt03817
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0CREDIT CARD TRANSACTIONS TO BE REPAID
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0SHARON GRACI
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0ARTISTIC DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd00
IRS990ScheduleL/TotalBalanceDueAmt03817
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PRODUCING DIRECTOR AND ARTISTIC DIRECTOR OF THE THEATRE COMPANY ARE A MARRIED COUPLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PRODUCING AND ARTISTIC DIRECTORS REVIEW THE 990 TAX RETURN PRIOR TO SUBMISSION TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE THEATRE PROVIDES ALL DOCUMENTS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACTOR, DIRECTOR, STAGE MANAGER & DESIGNER FEES: PROGRAM SERVICE EXPENSES 75,910. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 75,910. PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,283. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,283.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0SC
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt039397
IRS990/TotalAssetsEOYAmt016919
IRS990/TotalAssetsGrp/BOYAmt039397
IRS990/TotalAssetsGrp/EOYAmt016919
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0164446
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt077143
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0325771
IRS990/TotalFunctionalExpensesGrp/TotalAmt0402914
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt010130
IRS990/TotalLiabilitiesEOYAmt045064
IRS990/TotalLiabilitiesGrp/BOYAmt010130
IRS990/TotalLiabilitiesGrp/EOYAmt045064
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt029267
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-28145
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0325771
IRS990/TotalProgramServiceRevenueAmt0153716
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt023604
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0157452
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0345502
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt039397
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt016919
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt08105
IRS990/TravelGrp/TotalAmt08105
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt029267
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-28145
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0350
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0477 KING STREET
IRS990/USAddress/CityNm0CHARLESTON
IRS990/USAddress/StateAbbreviationCd0SC
IRS990/USAddress/ZIPCd029403
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0PURETHEATRE.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.38$1.14$0.24$7.82$8.29$0.47
2024Detailed filing. Detailed filing data is available for this year.$1.68$0.95$0.72$7.13$7.56$0.43
2023Detailed filing. Detailed filing data is available for this year.$1.89$0.74$1.15$6.71$6.31$0.40
2022Detailed filing. Detailed filing data is available for this year.$1.64$0.89$0.75$4.87$5.44$0.57
2021Detailed filing. Detailed filing data is available for this year.$1.57$0.78$0.79$3.34$2.99$0.35
2020Detailed filing. Detailed filing data is available for this year.$1.27$1.22$0.06$5.33$3.88$1.45
2019Detailed filing. Detailed filing data is available for this year.$0.60$0.60$0.00$3.79$3.60$0.19
2018Detailed filing. Detailed filing data is available for this year.$0.11$0.30$0.19$4.38$4.29$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.17$0.45$0.28$3.46$4.03$0.57
2016Detailed filing. Detailed filing data is available for this year.$0.39$0.10$0.29$3.58$4.16$0.58
2015Detailed filing. Detailed filing data is available for this year.$1.01$0.13$0.87$3.79$3.32$0.47
2014Detailed filing. Detailed filing data is available for this year.$0.54$0.15$0.40$3.15$2.70$0.46
2013Summary only. Only limited summary data is available for this year.$0.21$0.27$0.06$1.46$1.26$0.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.31$0.27$2.39
2011Summary only. Only limited summary data is available for this year.$0.08$0.00$1.93$1.90$0.03