Civic Intelligence

Thomas Struthers Trust

990 • Fiscal year 2018 • EIN 25-6037927

Jul 01, 2017 to Jun 30, 2018 • Filed on May 06, 2019

302 West Third AveWarren, PA 16365

(814) 723-7231

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$4,068,790

Up $1,327,629 (+48%) from 2016

Net Assets

Up

$3,620,499

Up $975,546 (+37%) from 2016

Liabilities

Up

$448,291

Up $352,083 (+366%) from 2016

Revenue And Expenses

Revenue

Down

$852,447

Down $736,042 (-46%) from 2016

Expenses

Down

$522,062

Down $32,491 (-5.9%) from 2016

Net Income

Down

$330,385

Down $703,551 (-68%) from 2016

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2012: $1,390,480Liabilities 2012: $63,371Net Assets 2012: $1,327,1092012Assets 2013: $1,322,232Liabilities 2013: $8,284Net Assets 2013: $1,313,9482013Assets 2014: $1,275,072Liabilities 2014: $93,620Net Assets 2014: $1,181,4522014Assets 2015: $1,307,282Liabilities 2015: $60,707Net Assets 2015: $1,246,5752015Assets 2016: $2,741,161Liabilities 2016: $96,208Net Assets 2016: $2,644,9532016Assets 2018: $4,068,790Liabilities 2018: $448,291Net Assets 2018: $3,620,4992018Assets 2019: $4,050,207Liabilities 2019: $213,787Net Assets 2019: $3,836,4202019Assets 2020: $3,863,370Liabilities 2020: $114,584Net Assets 2020: $3,748,7862020Assets 2021: $3,934,032Liabilities 2021: $84,670Net Assets 2021: $3,849,3622021Assets 2022: $3,967,630Liabilities 2022: $58,896Net Assets 2022: $3,908,7342022Assets 2023: $3,957,688Liabilities 2023: $58,927Net Assets 2023: $3,898,7612023Assets 2024: $3,947,215Liabilities 2024: $145,609Net Assets 2024: $3,801,6062024Assets 2025: $4,099,444Liabilities 2025: $245,701Net Assets 2025: $3,853,7432025

Highlighted filing

2018

Assets$4,068,790
Liabilities$448,291
Net Assets$3,620,499

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2012: $399,1402012Expenses 2013: $507,6782013Revenue 2014: $515,429Expenses 2014: $654,422Net Income 2014: -$138,9932014Revenue 2015: $619,660Expenses 2015: $540,400Net Income 2015: $79,2602015Revenue 2016: $1,588,489Expenses 2016: $554,553Net Income 2016: $1,033,9362016Revenue 2018: $852,447Expenses 2018: $522,062Net Income 2018: $330,3852018Revenue 2019: $851,228Expenses 2019: $635,898Net Income 2019: $215,3302019Revenue 2020: $511,446Expenses 2020: $596,286Net Income 2020: -$84,8402020Revenue 2021: $569,886Expenses 2021: $491,485Net Income 2021: $78,4012021Revenue 2022: $939,531Expenses 2022: $842,083Net Income 2022: $97,4482022Revenue 2023: $695,930Expenses 2023: $708,962Net Income 2023: -$13,0322023Revenue 2024: $627,018Expenses 2024: $741,057Net Income 2024: -$114,0392024Revenue 2025: $975,585Expenses 2025: $877,575Net Income 2025: $98,0102025

Highlighted filing

2018

Revenue$852,447
Expenses$522,062
Net Income$330,385
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 6, 2019
Return Version
2017v2.3
Gross Receipts
$976,486
Mission and Program Overview

Mission

Entertaining, educating, and engaging the people of warren county and the surrounding region in all the qualities and delights of live theatre, music, dance, and film.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,414,887$3,440,849▲ $1,025,962
Pledges and Grants Receivable$336,204$200,056▼ $136,148
Savings and Temporary Cash Investments$561,739$169,104▼ $392,635
Investments in Publicly Traded Securities$114,970$127,330▲ $12,360
Prepaid Expenses and Deferred Charges$54,426$88,013▲ $33,587
Accounts Receivable$44,341$39,069▼ $5,272
Cash and Non-Interest-Bearing Accounts$4,393$4,369▼ $24
Total Assets$3,530,960$4,068,790▲ $537,830
Liabilities
Unsecured Notes Loans Payable-$400,000-
Accounts Payable and Accrued Expenses$220,916$40,401▼ $180,515
Other Liabilities$6,531$7,890▲ $1,359
Total Liabilities$227,447$448,291▲ $220,844
Net Assets / Fund Balance
Unrestricted Net Assets$2,535,662$3,620,499▲ $1,084,837
Temporarily Rstr Net Assets$767,851--
Total Net Assets Fund Balance$3,303,513$3,620,499▲ $316,986
Total Liabilities and Net Assets / Fund Balance$3,530,960$4,068,790▲ $537,830

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,220,075$1,013,365$4,233,440
Equipment$220,774$576,814$797,588
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
MARCY O'BRIENExecutive DiPT$45,837$45,837

Board Members and Trustees

NameTitle
Hon Maureen SkerdaPresident
Andrew SokolskiTrustee
John John MdTrustee
John K BeardTrustee
Susan StoutTrustee
Robert CrowleySecretary/tr
Paul L Boger DmdVice Preside

Highest Paid Contractors

ContractorServicesLocationCompensation
Gl Olson INCConstruction5529 THUM ROAD, Dewittville, NY 14728$1,219,396
Paramount Roofing INCRoofing786 TERRACE BLVD, Depew, NY 14043$620,824
Revenue and Support

Revenue Composition

Contributions and Grants
$629,307
Program Service Revenue
$183,138
Investment Income
$26,450
Other Revenue
$13,552
All Other Contributions
$559,307
Change in Net Assets
$330,385
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$359,614
Salaries, Compensation, and Employee Benefits$162,448
Total Fundraising Expense$5,285
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$110,954--$110,954
Other Salaries and Wages$103,905--$103,905
Current Officers, Directors, Trustees, and Key Employees-$45,837-$45,837
Occupancy$36,219--$36,219
Insurance$22,032--$22,032
Advertising-$14,594-$14,594
Interest$13,752--$13,752
Payroll Taxes$8,935$3,771-$12,706
All Other Expenses$2,683$3,734$3,452$9,869
Office Expenses$3,051$3,040$1,833$7,924
Other Expenses$4,336$10,897-$4,336
Fees for Services Accounting-$1,500-$1,500
Fees for Service Investment Mgmnt Fees-$675-$675
Travel$360--$360
Total Functional Expenses$432,729$84,048$5,285$522,062
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$7,731
Accrued Investment Fees$159
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
No
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, Page 6, Part VI, Line 11B

The board of trustees reviews and approves the form 990 before it is filed, if time permits.

Form 990, Page 6, Part VI, Line 12C

On an annual basis, all board members and management staff shall be provided with a copy of the conflict of interest policy and required to complete and sign the acknowledgment and disclosure form. The forms will be reviewed by the theatre's executive committee, as well as all other conflict informaton provided by board members and management staff.

Form 990, Page 6, Part VI, Line 15A

The board of trustees has an approved compensation plan, any adjustments made to the salary of the executive director are approved by the personnel/executive committees and signed off by the board president.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request at the organization's office.

Filing and Contact Details

Filer

Filer Name
Thomas Struthers Trust
EIN
25-6037927
Phone
8147237231
Address
302 WEST THIRD AVE, WARREN, PA 16365
Doing Business As
Struthers Library Theatre

Signing Officer

Name
Hon Maureen Skerda
Title
President
Phone
8147237231
Signed
2019-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Hon Maureen Skerda
Formed
1882
Legal Domicile
Pa
Voting Board Members
7
Independent Board Members
7
Employees
6
Volunteers
132

Preparer

Firm
Haines & Company
Address
213 W THIRD AVE PO BOX 767, WARREN, PA 16365
Preparer
Bruce a Gould CPA
Phone
8147237741
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0168390
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt114748
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0168390
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt114748
IRS990/ProgSrvcAccomActy2Grp/Desc0THE THOMAS STRUTHERS TRUST BUILDING PROVIDES ACCOMMODATION FOR COMMUNITY EVENTS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0184249
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt014748
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0892352
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt03669
IRS990/PYOtherExpensesAmt0316413
IRS990/PYOtherRevenueAmt08129
IRS990/PYProgramServiceRevenueAmt0166624
IRS990/PYRevenuesLessExpensesAmt0631486
IRS990/PYSalariesCompEmpBnftPaidAmt0122875
IRS990/PYTotalExpensesAmt0439288
IRS990/PYTotalRevenueAmt01070774
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0330385
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt07300
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0168390
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0561739
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0169104
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0RENTAL INCOME 111,981 MISCELLANEOUS INCOME 4,839 CONCESSION INCOME 11,011
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0629307
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0892352
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01336176
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0735155
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0249465
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03842455
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt06611
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt06527
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt04579
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt05581
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt05525
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt028823
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0183138
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0166624
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0212339
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0189299
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0225269
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0976669
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt01231
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt01231
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt06611
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt06527
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt04579
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt05581
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt05525
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt028823
IRS990ScheduleA/InvestmentIncomeCYPct00.01000
IRS990ScheduleA/InvestmentIncomePYPct00.01000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt013552
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt08129
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt034762
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt038838
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt032550
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0127831
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96850
IRS990ScheduleA/PublicSupportPY509Pct00.96160
IRS990ScheduleA/PublicSupportTotal509Amt04820355
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0812445
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01058976
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01548515
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0924454
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0475965
IRS990ScheduleA/Total509Grp/TotalAmt04820355
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0832608
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01073632
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01587856
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0968873
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0514040
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04977009
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt03220075
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01013365
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04233440
IRS990ScheduleD/EquipmentGrp/BookValueAmt0220774
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0576814
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0797588
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07731
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1159
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED INVESTMENT FEES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03440849
IRS990ScheduleD/TotalLiabilityAmt07890
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF TRUSTEES REVIEWS AND APPROVES THE FORM 990 BEFORE IT IS FILED, IF TIME PERMITS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ON AN ANNUAL BASIS, ALL BOARD MEMBERS AND MANAGEMENT STAFF SHALL BE PROVIDED WITH A COPY OF THE CONFLICT OF INTEREST POLICY AND REQUIRED TO COMPLETE AND SIGN THE ACKNOWLEDGMENT AND DISCLOSURE FORM. THE FORMS WILL BE REVIEWED BY THE THEATRE'S EXECUTIVE COMMITTEE, AS WELL AS ALL OTHER CONFLICT INFORMATON PROVIDED BY BOARD MEMBERS AND MANAGEMENT STAFF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF TRUSTEES HAS AN APPROVED COMPENSATION PLAN, ANY ADJUSTMENTS MADE TO THE SALARY OF THE EXECUTIVE DIRECTOR ARE APPROVED BY THE PERSONNEL/EXECUTIVE COMMITTEES AND SIGNED OFF BY THE BOARD PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AT THE ORGANIZATION'S OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0767851
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03530960
IRS990/TotalAssetsEOYAmt04068790
IRS990/TotalAssetsGrp/BOYAmt03530960
IRS990/TotalAssetsGrp/EOYAmt04068790
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0629307
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt05285
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt084048
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0432729
IRS990/TotalFunctionalExpensesGrp/TotalAmt0522062
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0227447
IRS990/TotalLiabilitiesEOYAmt0448291
IRS990/TotalLiabilitiesGrp/BOYAmt0227447

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.10$0.25$3.85$0.98$0.88$0.10
2024Detailed filing. Detailed filing data is available for this year.$3.95$0.15$3.80$0.63$0.74$0.11
2023Detailed filing. Detailed filing data is available for this year.$3.96$0.06$3.90$0.70$0.71$0.01
2022Detailed filing. Detailed filing data is available for this year.$3.97$0.06$3.91$0.94$0.84$0.10
2021Detailed filing. Detailed filing data is available for this year.$3.93$0.08$3.85$0.57$0.49$0.08
2020Detailed filing. Detailed filing data is available for this year.$3.86$0.11$3.75$0.51$0.60$0.08
2019Detailed filing. Detailed filing data is available for this year.$4.05$0.21$3.84$0.85$0.64$0.22
2018Detailed filing. Detailed filing data is available for this year.$4.07$0.45$3.62$0.85$0.52$0.33
2016Detailed filing. Detailed filing data is available for this year.$2.74$0.10$2.64$1.59$0.55$1.03
2015Detailed filing. Detailed filing data is available for this year.$1.31$0.06$1.25$0.62$0.54$0.08
2014Detailed filing. Detailed filing data is available for this year.$1.28$0.09$1.18$0.52$0.65$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.32$0.01$1.31$0.51
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.39$0.06$1.33$0.40