Liabilities / Assets
45th percentile
Higher debt load relative to assets than 45% of similar nonprofits.
EIN 14-1846766 • 501(c)3 • Cape Elizabeth, ME
Profile
The organizations primary purpose is to educate the general public by presenting theatrical productions intended to foster appreciation of the theater and performing arts in the community.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
45th percentile
Higher debt load relative to assets than 45% of similar nonprofits.
Liabilities / Revenue
41st percentile
Higher debt load relative to revenue than 41% of similar nonprofits.
Net Margin
92nd percentile
Higher net margin than 92% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
99th percentile
Faster asset growth than 99% of similar nonprofits.
Revenue Growth
94th percentile
Faster revenue growth than 94% of similar nonprofits.
Assets
Up$515,905
Up $426,389 (+476%) from 2023
Liabilities
Down$4,185
Down $103,042 (-96%) from 2023
Net Assets
Up$511,720
Up $529,431 (+2989%) from 2023
Revenue
Up$914,339
Up $518,774 (+131%) from 2023
Expenses
Down$384,908
Down $118,152 (-23%) from 2023
Net Income
Up$529,431
Up $636,926 (+593%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
The organizations primary purpose is to educate the general public by presenting theatrical productions intended to foster appreciation of the theater and performing arts in the community.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $25,129 | $308,891 | ▲ $283,762 |
| Savings and Temporary Cash Investments | $50,151 | $200,196 | ▲ $150,045 |
| Prepaid Expenses and Deferred Charges | $8,238 | - | - |
| Land, Buildings, and Equipment, Net | $5,998 | $5,818 | ▼ $180 |
| Total Assets | $89,516 | $515,905 | ▲ $426,389 |
| Other Assets Total | - | $1,000 | - |
| Liabilities | |||
| Deferred Revenue | $104,136 | - | - |
| Accounts Payable and Accrued Expenses | $3,091 | $4,185 | ▲ $1,094 |
| Total Liabilities | $107,227 | $4,185 | ▼ $103,042 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $-17,711 | $511,720 | ▲ $529,431 |
| Total Net Assets Fund Balance | $-17,711 | $511,720 | ▲ $529,431 |
| Total Liabilities and Net Assets / Fund Balance | $89,516 | $515,905 | ▲ $426,389 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $5,818 | $1,182 | $7,000 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Stephen Underwood | President | PT | $48,077 | $48,077 |
| Name | Title |
|---|---|
| Debbie Pecoraro | Director |
| Edward Gatta Jr | Director |
| Jeanne Handy | Director |
| Jennifer Ceide | Director |
| Jonathan Edwards | Director |
| Justin Cote | Director |
| Mary Ann Mclean | Director |
| Jeannine Lefevre | Secretary |
| Richard Trub | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $258,052 |
| Other Expenses | $126,856 |
| Total Fundraising Expense | $55,325 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $120,038 | $46,169 | $18,468 | $184,675 |
| Current Officers, Directors, Trustees, and Key Employees | $24,039 | $12,019 | $12,019 | $48,077 |
| Royalties | $36,453 | - | - | $36,453 |
| Occupancy | $34,206 | $1,920 | - | $36,126 |
| Payroll Taxes | $11,028 | $4,454 | $2,334 | $17,816 |
| Insurance | $2,883 | $4,722 | $443 | $8,048 |
| Other Employee Benefits | $4,633 | $1,871 | $980 | $7,484 |
| Advertising | $4,428 | - | - | $4,428 |
| Office Expenses | $444 | $444 | - | $888 |
| Information Technology | $314 | $105 | $105 | $524 |
| Fees for Services Other | - | $506 | - | $506 |
| Other Expenses | $220 | $2,401 | $816 | $220 |
| Depreciation Depletion | $179 | - | - | $179 |
| Travel | $25 | - | - | $25 |
| Total Functional Expenses | $254,972 | $74,611 | $55,325 | $384,908 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Officer to review form 990 prepared by independent cpa-officer and cpa preparer discuss questions raised during review if any.”
“Documents are available upon request by contacting business office”
“The organizations primary purpose is to educate the general public by presenting theatrical productions intended to foster appreciation of the theater and performing arts in the community.”
“Good theater presented two of its largest productions in the early part of 2024. One man, two guvnors was the maine premiere of this award-winning comedy from richard bean. The show starred dustin tucker, a local maine actor who was featured in two films that were both nominated for academy awards at the same time he was starring in our production. This show was a big hit with audiences and sold out most of its four-week run. The next production was a man of no importance, a musical. This show was presented in our third season, and it was the one show artistic director, brian p. Allen, wanted to repeat. As this was the last show in our space,, and the 100th show that allen had directed for the company, it felt like the perfect production to close out this chapter of good theaters tenure. A man of no importlance is about a theater troupe putting on a show and losing their venue which mirrored exactly what was happening to good theater. A man of no importance is touching and up lifting. Our production was unique in that the actors also played instruments in band. Actors moved seamlessly from playing characters to playing instruments. It was a unique experience and very satisfying. The show sold extremely well selling out most performances. Knowing this show would be the last in our current home, we were unsure of the future of the company. During the run of a man of no importance, an article appeared in the portland press herald about the company losing its home. Developers collaborative, a business in portland, saw the article and contacted us to come tour the space. Developers collaborative owns the former mccauley high school campus. The one area on the campus that hadnt found a new use was the auditorium. Good theater met with developers collaborative and were invited to become the theater in residence at this space. Good theater considered it, and agreed to participate in the renovations toward being based in this new location. The company began fundraising in july and spent the rest of the year raising money for the renovations. An executive director, gusta johnson, was hired and began work on july 29, 2024. Plans for the space were completed and work began early in 2025. A season was selected for 2025-2026. A gala opening was planned for april 30-may 3, 2025, and a summer season was planned for june, july and august 2025.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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|---|---|---|
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| IRS990/ActivityOrMissionDesc | 0 | THE ORGANIZATIONS PRIMARY PURPOSE IS TO EDUCATE THE GENERAL PUBLIC BY PRESENTING THEATRICAL PRODUCTIONS INTENDED TO FOSTER APPRECIATION OF THE THEATER AND PERFORMING ARTS IN THE COMMUNITY. |
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| IRS990/BooksInCareOfDetail/PersonNm | 0 | BRIAN ALLEN |
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| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | PORTLAND |
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| IRS990/DeductibleNonCashContriInd | 0 | false |
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| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 179 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 179 |
| IRS990/Desc | 0 | GOOD THEATER PRESENTED TWO OF ITS LARGEST PRODUCTIONS IN THE EARLY PART OF 2024. ONE MAN, TWO GUVNORS WAS THE MAINE PREMIERE OF THIS AWARD-WINNING COMEDY FROM RICHARD BEAN. THE SHOW STARRED DUSTIN TUCKER, A LOCAL MAINE ACTOR WHO WAS FEATURED IN TWO FILMS THAT WERE BOTH NOMINATED FOR ACADEMY AWARDS AT THE SAME TIME HE WAS STARRING IN OUR PRODUCTION. THIS SHOW WAS A BIG HIT WITH AUDIENCES AND SOLD OUT MOST OF ITS FOUR-WEEK RUN. THE NEXT PRODUCTION WAS A MAN OF NO IMPORTANCE, A MUSICAL. THIS SHOW WAS PRESENTED IN OUR THIRD SEASON, AND IT WAS THE ONE SHOW ARTISTIC DIRECTOR, BRIAN P. ALLEN, WANTED TO REPEAT. AS THIS WAS THE LAST SHOW IN OUR SPACE,, AND THE 100TH SHOW THAT ALLEN HAD DIRECTED FOR THE COMPANY, IT FELT LIKE THE PERFECT PRODUCTION TO CLOSE OUT THIS CHAPTER OF GOOD THEATERS TENURE. A MAN OF NO IMPORTLANCE IS ABOUT A THEATER TROUPE PUTTING ON A SHOW AND LOSING THEIR VENUE WHICH MIRRORED EXACTLY WHAT WAS HAPPENING TO GOOD THEATER. A MAN OF NO IMPORTANCE IS TOUCHING AND UP LIFTING. OUR PRODUCTION WAS UNIQUE IN THAT THE ACTORS ALSO PLAYED INSTRUMENTS IN BAND. ACTORS MOVED SEAMLESSLY FROM PLAYING CHARACTERS TO PLAYING INSTRUMENTS. IT WAS A UNIQUE EXPERIENCE AND VERY SATISFYING. THE SHOW SOLD EXTREMELY WELL SELLING OUT MOST PERFORMANCES. KNOWING THIS SHOW WOULD BE THE LAST IN OUR CURRENT HOME, WE WERE UNSURE OF THE FUTURE OF THE COMPANY. DURING THE RUN OF A MAN OF NO IMPORTANCE, AN ARTICLE APPEARED IN THE PORTLAND PRESS HERALD ABOUT THE COMPANY LOSING ITS HOME. DEVELOPERS COLLABORATIVE, A BUSINESS IN PORTLAND, SAW THE ARTICLE AND CONTACTED US TO COME TOUR THE SPACE. DEVELOPERS COLLABORATIVE OWNS THE FORMER MCCAULEY HIGH SCHOOL CAMPUS. THE ONE AREA ON THE CAMPUS THAT HADNT FOUND A NEW USE WAS THE AUDITORIUM. GOOD THEATER MET WITH DEVELOPERS COLLABORATIVE AND WERE INVITED TO BECOME THE THEATER IN RESIDENCE AT THIS SPACE. GOOD THEATER CONSIDERED IT, AND AGREED TO PARTICIPATE IN THE RENOVATIONS TOWARD BEING BASED IN THIS NEW LOCATION. THE COMPANY BEGAN FUNDRAISING IN JULY AND SPENT THE REST OF THE YEAR RAISING MONEY FOR THE RENOVATIONS. AN EXECUTIVE DIRECTOR, GUSTA JOHNSON, WAS HIRED AND BEGAN WORK ON JULY 29, 2024. PLANS FOR THE SPACE WERE COMPLETED AND WORK BEGAN EARLY IN 2025. A SEASON WAS SELECTED FOR 2025-2026. A GALA OPENING WAS PLANNED FOR APRIL 30-MAY 3, 2025, AND A SUMMER SEASON WAS PLANNED FOR JUNE, JULY AND AUGUST 2025. |
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| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
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| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 506 |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | STEPHEN UNDERWOOD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | JENNIFER CEIDE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | JUSTIN COTE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | JONATHAN EDWARDS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | JEANNE HANDY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | EDWARD GATTA JR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | JEANNINE LEFEVRE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | MARY ANN MCLEAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | DEBBIE PECORARO |
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| IRS990/FormationYr | 0 | 2002 |
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| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 2883 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 8048 |
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| IRS990/MissionDesc | 0 | THE ORGANIZATIONS PRIMARY PURPOSE IS TO EDUCATE THE GENERAL PUBLIC BY PRESENTING THEATRICAL PRODUCTIONS INTENDED TO FOSTER APPRECIATION OF THE THEATER AND PERFORMING ARTS IN THE COMMUNITY. |
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| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 7484 |
| IRS990/OtherExpensesGrp/Desc | 0 | FUNDRAISING |
| IRS990/OtherExpensesGrp/Desc | 1 | PRODUCTION EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 2 | BANK AND CREDIT CARD FEES |
| IRS990/OtherExpensesGrp/Desc | 3 | MISCELLANEOUS |
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| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 14497 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 1585 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 220 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 20160 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 14497 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 4802 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 220 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | SPONSORS |
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| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | 410 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATIONS PRIMARY PURPOSE IS TO EDUCATE THE GENERAL PUBLIC BY PRESENTING THEATRICAL PRODUCTIONS INTENDED TO FOSTER APPRECIATION OF THE THEATER AND PERFORMING ARTS IN THE COMMUNITY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | GOOD THEATER PRESENTED TWO OF ITS LARGEST PRODUCTIONS IN THE EARLY PART OF 2024. ONE MAN, TWO GUVNORS WAS THE MAINE PREMIERE OF THIS AWARD-WINNING COMEDY FROM RICHARD BEAN. THE SHOW STARRED DUSTIN TUCKER, A LOCAL MAINE ACTOR WHO WAS FEATURED IN TWO FILMS THAT WERE BOTH NOMINATED FOR ACADEMY AWARDS AT THE SAME TIME HE WAS STARRING IN OUR PRODUCTION. THIS SHOW WAS A BIG HIT WITH AUDIENCES AND SOLD OUT MOST OF ITS FOUR-WEEK RUN. THE NEXT PRODUCTION WAS A MAN OF NO IMPORTANCE, A MUSICAL. THIS SHOW WAS PRESENTED IN OUR THIRD SEASON, AND IT WAS THE ONE SHOW ARTISTIC DIRECTOR, BRIAN P. ALLEN, WANTED TO REPEAT. AS THIS WAS THE LAST SHOW IN OUR SPACE,, AND THE 100TH SHOW THAT ALLEN HAD DIRECTED FOR THE COMPANY, IT FELT LIKE THE PERFECT PRODUCTION TO CLOSE OUT THIS CHAPTER OF GOOD THEATERS TENURE. A MAN OF NO IMPORTLANCE IS ABOUT A THEATER TROUPE PUTTING ON A SHOW AND LOSING THEIR VENUE WHICH MIRRORED EXACTLY WHAT WAS HAPPENING TO GOOD THEATER. A MAN OF NO IMPORTANCE IS TOUCHING AND UP LIFTING. OUR PRODUCTION WAS UNIQUE IN THAT THE ACTORS ALSO PLAYED INSTRUMENTS IN BAND. ACTORS MOVED SEAMLESSLY FROM PLAYING CHARACTERS TO PLAYING INSTRUMENTS. IT WAS A UNIQUE EXPERIENCE AND VERY SATISFYING. THE SHOW SOLD EXTREMELY WELL SELLING OUT MOST PERFORMANCES. KNOWING THIS SHOW WOULD BE THE LAST IN OUR CURRENT HOME, WE WERE UNSURE OF THE FUTURE OF THE COMPANY. DURING THE RUN OF A MAN OF NO IMPORTANCE, AN ARTICLE APPEARED IN THE PORTLAND PRESS HERALD ABOUT THE COMPANY LOSING ITS HOME. DEVELOPERS COLLABORATIVE, A BUSINESS IN PORTLAND, SAW THE ARTICLE AND CONTACTED US TO COME TOUR THE SPACE. DEVELOPERS COLLABORATIVE OWNS THE FORMER MCCAULEY HIGH SCHOOL CAMPUS. THE ONE AREA ON THE CAMPUS THAT HADNT FOUND A NEW USE WAS THE AUDITORIUM. GOOD THEATER MET WITH DEVELOPERS COLLABORATIVE AND WERE INVITED TO BECOME THE THEATER IN RESIDENCE AT THIS SPACE. GOOD THEATER CONSIDERED IT, AND AGREED TO PARTICIPATE IN THE RENOVATIONS TOWARD BEING BASED IN THIS NEW LOCATION. THE COMPANY BEGAN FUNDRAISING IN JULY AND SPENT THE REST OF THE YEAR RAISING MONEY FOR THE RENOVATIONS. AN EXECUTIVE DIRECTOR, GUSTA JOHNSON, WAS HIRED AND BEGAN WORK ON JULY 29, 2024. PLANS FOR THE SPACE WERE COMPLETED AND WORK BEGAN EARLY IN 2025. A SEASON WAS SELECTED FOR 2025-2026. A GALA OPENING WAS PLANNED FOR APRIL 30-MAY 3, 2025, AND A SUMMER SEASON WAS PLANNED FOR JUNE, JULY AND AUGUST 2025. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | OFFICER TO REVIEW FORM 990 PREPARED BY INDEPENDENT CPA-OFFICER AND CPA PREPARER DISCUSS QUESTIONS RAISED DURING REVIEW IF ANY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DOCUMENTS ARE AVAILABLE UPON REQUEST BY CONTACTING BUSINESS OFFICE |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 2, PART III, LINE 4A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 19 |
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