Civic Intelligence

Fulton Theatre Company

EIN 23-1631733 • 501(c)3 • Lancaster, PA

Profile

To create and produce exceptional theatre that moves the collective soul of our community and honors our national historic landmark.

12 N Prince StreetLancaster, PA 17603

thefulton.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

52nd percentile

0.24x

Higher debt load relative to assets than 52% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Liabilities / Revenue

75th percentile

0.82x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Net Margin

17th percentile

-9.3%

Higher net margin than 17% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Top Officer Pay

53rd percentile

$275,831

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Asset Growth

23rd percentile

-1.8%

Faster asset growth than 23% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2024 to 2025

Revenue Growth

59th percentile

12%

Faster revenue growth than 59% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2024 to 2025

Assets

Down

$35,015,539

Down $629,791 (-1.8%) from 2024

Liabilities

Up

$8,328,373

Up $124,389 (+1.5%) from 2024

Net Assets

Down

$26,687,166

Down $754,180 (-2.7%) from 2024

Revenue

Up

$10,216,548

Up $1,060,836 (+12%) from 2024

Expenses

Down

$11,166,365

Down $98,181 (-0.9%) from 2024

Net Income

Up

-$949,817

Up $1,159,017 (+55%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2010: $7,797,557Liabilities 2010: $1,434,873Net Assets 2010: $6,362,6842010Assets 2011: $7,707,649Liabilities 2011: $1,408,331Net Assets 2011: $6,299,3182011Assets 2012: $7,349,820Liabilities 2012: $1,427,410Net Assets 2012: $5,922,4102012Assets 2013: $7,717,103Liabilities 2013: $1,548,178Net Assets 2013: $6,168,9252013Assets 2014: $7,894,661Liabilities 2014: $1,808,822Net Assets 2014: $6,085,8392014Assets 2015: $10,190,229Liabilities 2015: $2,463,245Net Assets 2015: $7,726,9842015Assets 2016: $17,327,288Liabilities 2016: $3,859,928Net Assets 2016: $13,467,3602016Assets 2017: $20,813,540Liabilities 2017: $4,337,431Net Assets 2017: $16,476,1092017Assets 2018: $24,086,397Liabilities 2018: $6,022,566Net Assets 2018: $18,063,8312018Assets 2019: $32,949,346Liabilities 2019: $8,906,541Net Assets 2019: $24,042,8052019Assets 2020: $38,380,584Liabilities 2020: $12,694,461Net Assets 2020: $25,686,1232020Assets 2021: $42,962,045Liabilities 2021: $15,969,263Net Assets 2021: $26,992,7822021Assets 2022: $41,338,527Liabilities 2022: $11,009,397Net Assets 2022: $30,329,1302022Assets 2023: $39,302,582Liabilities 2023: $9,815,536Net Assets 2023: $29,487,0462023Assets 2024: $35,645,330Liabilities 2024: $8,203,984Net Assets 2024: $27,441,3462024Assets 2025: $35,015,539Liabilities 2025: $8,328,373Net Assets 2025: $26,687,1662025

Highlighted filing

2025

Assets$35,015,539
Liabilities$8,328,373
Net Assets$26,687,166

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $3,959,5402010Expenses 2011: $4,642,0992011Expenses 2012: $4,402,0912012Expenses 2013: $4,516,9742013Revenue 2014: $5,232,121Expenses 2014: $5,614,618Net Income 2014: -$382,4972014Revenue 2015: $7,898,324Expenses 2015: $6,039,674Net Income 2015: $1,858,6502015Revenue 2016: $12,609,130Expenses 2016: $6,806,209Net Income 2016: $5,802,9212016Revenue 2017: $10,705,132Expenses 2017: $7,713,191Net Income 2017: $2,991,9412017Revenue 2018: $9,201,920Expenses 2018: $7,647,811Net Income 2018: $1,554,1092018Revenue 2019: $15,104,336Expenses 2019: $9,142,263Net Income 2019: $5,962,0732019Revenue 2020: $8,367,355Expenses 2020: $6,724,832Net Income 2020: $1,642,5232020Revenue 2021: $8,952,577Expenses 2021: $5,546,406Net Income 2021: $3,406,1712021Revenue 2022: $13,747,979Expenses 2022: $10,612,059Net Income 2022: $3,135,9202022Revenue 2023: $10,332,604Expenses 2023: $11,427,936Net Income 2023: -$1,095,3322023Revenue 2024: $9,155,712Expenses 2024: $11,264,546Net Income 2024: -$2,108,8342024Revenue 2025: $10,216,548Expenses 2025: $11,166,365Net Income 2025: -$949,8172025

Highlighted filing

2025

Revenue$10,216,548
Expenses$11,166,365
Net Income-$949,817

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$35.0$8.33$26.7$10.2$11.2$0.95
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$35.6$8.20$27.4$9.16$11.3$2.11
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$39.3$9.82$29.5$10.3$11.4$1.10
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$41.3$11.0$30.3$13.7$10.6$3.14
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$43.0$16.0$27.0$8.95$5.55$3.41
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$38.4$12.7$25.7$8.37$6.72$1.64
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.9$8.91$24.0$15.1$9.14$5.96
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.1$6.02$18.1$9.20$7.65$1.55
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.8$4.34$16.5$10.7$7.71$2.99
2016Summary only. Only limited summary data is available for this year.$17.3$3.86$13.5$12.6$6.81$5.80
2015Summary only. Only limited summary data is available for this year.$10.2$2.46$7.73$7.90$6.04$1.86
2014Detailed filing. Detailed filing data is available for this year.$7.89$1.81$6.09$5.23$5.61$0.38
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.72$1.55$6.17$4.52
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.35$1.43$5.92$4.40
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.71$1.41$6.30$4.64
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.80$1.43$6.36$3.96
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2024 to Aug 31, 2025
Signed
Jan 30, 2026
Return Version
2024v5.5
Gross Receipts
$11,951,498
Mission and Program Overview

Mission

To create and produce exceptional theatre that moves the collective soul of our community and honors our national historic landmark.

Production of live theatre

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$22,077,204$21,067,977▼ $1,009,227
Cash and Non-Interest-Bearing Accounts$4,966,718$5,558,439▲ $591,721
Investments in Publicly Traded Securities$3,600,096$3,797,756▲ $197,660
Pledges and Grants Receivable$4,388,864$3,494,412▼ $894,452
Prepaid Expenses and Deferred Charges$478,810$599,773▲ $120,963
Inventories for Sale or Use$21,563$16,555▼ $5,008
Accounts Receivable$7,552$6,418▼ $1,134
Total Assets$35,645,330$35,015,539▼ $629,791
Other Assets Total$104,523$474,209▲ $369,686
Liabilities
Deferred Revenue$3,117,279$3,893,360▲ $776,081
Mortgage Notes Payable Secured by Investment Property$4,673,349$3,648,585▼ $1,024,764
Other Liabilities$51,688$418,072▲ $366,384
Accounts Payable and Accrued Expenses$361,668$368,356▲ $6,688
Total Liabilities$8,203,984$8,328,373▲ $124,389
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$19,589,498$19,531,613▼ $57,885
Net Assets With Donor Restrictions$7,851,848$7,155,553▼ $696,295
Total Net Assets Fund Balance$27,441,346$26,687,166▼ $754,180
Total Liabilities and Net Assets / Fund Balance$35,645,330$35,015,539▼ $629,791

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$19,234,055$10,337,917$29,571,972
Equipment$1,577,035$1,776,658$3,353,693
Land$184,563-$184,563
Other Land Buildings$72,324$39,629$111,953

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$3,462,984$6,000▲ $321,075$101,219$3,661,141
2023$2,912,276$124,079▲ $539,347$90,309$3,462,984
2022$2,468,818$332,006▲ $215,461$85,672$2,912,276
2021$2,706,799$530▼ $144,892$77,901$2,468,818
2020$2,320,947$3,100▲ $456,790$56,015$2,706,799
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mr Mark RabinowitzEx-officio Trustee - ArtisFT$267,446$8,385$275,831
Jane CornetttCFOFT$124,185-$124,185
Mr Richard BowenExecutive Director of DevelopmentFT$110,157$6,260$116,417

Board Members and Trustees

NameTitle
Mr David GroffPresident
Mr R Patrick WoodVice President
Mr Avi PatelBoard Member
Mr Brian RutterBoard Member
Mr D Michael WegeBoard Member
Mr Eric Howard Dmd PhdBoard Member
Mr Ian RuzowBoard Member
Mr Marshall SnivelyBoard Member
Mr Thomas W BergenBoard Member
Mr William BroaddusBoard Member
Mrs Kit SlaughBoard Member
Mrs Maria Di Stravolo-elliotBoard Member
Mrs Susan WoodBoard Member
Mr Dino CesariniBoard Member (joined 9/1/24)
Mrs Jeanne Donlevy ArnoldBoard Member (joined 9/1/24)
Mrs Julia Jordan KamandaBoard Member (joined 9/1/24)
Mrs Justina Juvonen DodgeBoard Member (joined 9/1/24)
Mrs Tracey DavisBoard Member (joined 9/1/24)
Mr David TaylorSecretary
Ms Lynn MillsTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Music Theatre InternationalLicensing423 WEST 55TH ST SECOND FLOOR, New York, NY 10019, Uk$300,719
Concord TheatricalsLicensing250 W 57TH ST FLOOR 6, New York, NY 10107$296,789
Mid Atlantic Tours & ReceptivesTravel Advisory5407 GERMAIN ST, Stephens City, VA 22655$225,826
Arcadia Road HoldingsLease, Scenic Studios128 N ARCH ST, Lancaster, PA 17603$212,718
Great Holidays LtdTravel Advisory-$191,009
Revenue and Support

Revenue Composition

Contributions and Grants
$2,604,046
Program Service Revenue
$7,010,416
Investment Income
$247,984
Other Revenue
$354,102
All Other Contributions
$2,503,496
Change in Net Assets
$-949,817

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded10$207,176Fair Market Value
Food Inventory19$9,332Fair Market Value
Other Non Cash Contri Table17$6,927Fair Market Value
Collectibles4$1,035Fair Market Value
Total Noncash Contributions50$224,470-

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,580,579
Revenue Not Reported on Financial Statements
$-364,031
Revenue Not Reported on Form 990
$190,361
Other Revenue Adjustments
$-392,994
Total Revenue per Audited Statements
$10,770,940
Total Revenue per Form 990
$10,216,548
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,169,174
Other Expenses$4,997,191
Total Fundraising Expense$597,816
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,590,951$904,156$275,540$4,770,647
Depreciation Depletion$205,916$1,079,115-$1,285,031
Royalties$671,061--$671,061
Other Employee Benefits$473,633$79,749$31,098$584,480
Occupancy$30,959$495,256-$526,215
All Other Expenses$303,021$70,762$68,819$442,602
Current Officers, Directors, Trustees, and Key Employees$279,037$141,636-$420,673
Payroll Taxes$279,497$91,704$22,173$393,374
Other Expenses$23,791$235,198$2,216$235,198
Interest--$196,934$196,934
Insurance-$145,885-$145,885
Fees for Services Accounting-$127,074-$127,074
Office Expenses$27,821$49,147$1,036$78,004
Fees for Service Investment Mgmnt Fees-$28,963-$28,963
Fees for Services Legal-$2,438-$2,438
Total Functional Expenses$6,418,896$4,149,653$597,816$11,166,365

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$11,525,120
Total Expenses per Form 990$11,166,365
Expenses per Audited Statements$11,137,402
Expenses Not Reported on Form 990$387,718
Expenses Not Reported on Financial Statements$28,963
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$260,283
Fundraising Gross Income$228,513
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
New York Trip$204,625$163,829$13,833$149,996
Spring Event$56,618$22,254$29,819$-7,565
Total Events$316,063$228,513$259,591$-31,078
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$418,072
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The finance committee will review the form 990. It is then forwarded to the board of trustees for review and comment prior to filing.

Form 990, Part VI, Section B, Line 12C

The organization discusses conflict of interest issues at each board meeting. Trustees are asked to bring forth any conflicts at that time if they have not already been disclosed on the annual disclosure form. Furthermore, the trusteeship and executive committees review any known conflicts that may arise based on current organizational activities.

Form 990, Part VI, Section B, Line 15

The organization receives data from the national alliance for musical theatre, a professional theatre service organization, concerning compensation for all key employees. The executive committee reviews this information and compares it with the organization's compensation levels. Additionally, performance of executive leadership is evaluated annually by the executive committee before compensation adjustments are made.

Form 990, Part VI, Section C, Line 19

Individuals can contact marc robin, executive producing artist, at 12 n. Prince street, lancaster, pa 17603, 717-394-7133 to review these documents. Additionally, they are distributed annually to all trustees.

Filing and Contact Details

Filer

Filer Name
Fulton Theatre Company
EIN
23-1631733
Phone
7173947133
Address
12 N PRINCE STREET, LANCASTER, PA 17603

Signing Officer

Name
Lynn Mills
Title
Treasurer
Phone
7173947133
Signed
2026-01-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Rabinowitz
Formed
1963
Legal Domicile
Pa
Voting Board Members
20
Independent Board Members
20
Employees
294
Volunteers
800

Preparer

Firm
Rkl Llp
Address
3501 CONCORD ROAD STE 250, YORK, PA 17402
Preparer
Douglas L Berman CPA
Phone
7178433804
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in interest in community foundation 5,276.

990, Part XII, Line 2C

The finance committee assumes oversight of the audit and selection of an independent accountant. This process has not changed from the prior year.

Financial Statement Notes

PART III, LINE 4:

Collection consists of posters from theatre productions dating back to mid-1850's. They are used to show the historic significance of both this national landmark site and the art of theatre.

PART V, LINE 4:

Endowment funds are used according to donor designation.

PART X, LINE 2:

The theatre follows the standards for accounting for uncertainty in income taxes according to the principles of asc 740, income taxes, which prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by the theatre, including whether the entity is exempt from income taxes. Management evaluated the tax positions taken and concluded that the theatre had taken no uncertain tax positions that require recognition or disclosure in the financial statements. Therefore, no provision or liability for income taxes has been included in the financial statements. With few exceptions, the theatre is no longer subject to income tax examinations by the u.s. Federal, state, or local tax authorities for years ending before 2022.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Cost of inventory sold -127,435. Fundraising expenses -260,283. Change in interest in community foundation -5,276.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Cost of inventory sold 127,435. Fundraising expenses 260,283.

Raw XML AppendixShowing 400 of 822 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
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IRS990/AccountsReceivableGrp/EOYAmt06418
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PRODUCTION OF LIVE THEATRE
IRS990/AllOtherContributionsAmt02503496
IRS990/AllOtherExpensesGrp/FundraisingAmt068819
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt070762
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0303021
IRS990/AllOtherExpensesGrp/TotalAmt0442602
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IRS990/BooksInCareOfDetail/USAddress/CityNm0LANCASTER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
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IRS990/Desc0THE FULTON FIRST OPENED ITS DOORS IN 1852. 170 YEARS LATER, THIS NATIONAL HISTORIC LANDMARK THEATRE CONTINUES TO ENTERTAIN, EDUCATE AND DELIGHT AUDIENCES, BRINGING LIVE THEATRE, MUSIC, AND MORE THAN 160,000 PATRONS INTO DOWNTOWN LANCASTER ANNUALLY. TODAY, UNDER THE LEADERSHIP OF EXECUTIVE ARTISTIC PRODUCER MARC ROBIN, THE FULTON THEATRE PRODUCES A MIX OF COMEDIES, DRAMAS AND MUSICALS, EMPLOYING THE TALENTS OF PROFESSIONAL DIRECTORS, DESIGNERS, ACTORS AND PLAYWRIGHTS FROM ACROSS THE COUNTRY.
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