Liabilities / Assets
12th percentile
Higher debt load relative to assets than 12% of similar nonprofits.
EIN 27-0440123 • 501(c)3 • Clifton Forge, VA
Profile
The mission of the masonic theatre preservation foundation is to serve the greater alleghany highlands community with a variety of educational, entertainment, business, and social programs to support the revitalized historic masonic theatre.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
12th percentile
Higher debt load relative to assets than 12% of similar nonprofits.
Liabilities / Revenue
16th percentile
Higher debt load relative to revenue than 16% of similar nonprofits.
Net Margin
16th percentile
Higher net margin than 16% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
26th percentile
Faster asset growth than 26% of similar nonprofits.
Revenue Growth
72nd percentile
Faster revenue growth than 72% of similar nonprofits.
Assets
Down$7,641,736
Down $133,893 (-1.7%) from 2024
Liabilities
Down$6,950
Down $26,847 (-79%) from 2024
Net Assets
Down$7,634,786
Down $107,046 (-1.4%) from 2024
Revenue
Up$701,448
Up $101,715 (+17%) from 2024
Expenses
Up$808,494
Up $26,477 (+3.4%) from 2024
Net Income
Up-$107,046
Up $75,238 (+41%) from 2024
Most recent year
2025 • Form 990Detailed filing. Detailed filing data is available for this year.
Acquisition, renovation and operation of the historic masonic theatre in clifton forge virginia
The mission of the masonic theatre preservation foundation is to serve the greater alleghany highlands community with a variety of educational, entertainment, business, and social programs to support the revitalized historic masonic theatre.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $7,489,738 | $7,252,963 | ▼ $236,775 |
| Intangible Assets | $222,441 | $190,664 | ▼ $31,777 |
| Cash and Non-Interest-Bearing Accounts | $63,450 | $172,790 | ▲ $109,340 |
| Savings and Temporary Cash Investments | - | $25,319 | - |
| Total Assets | $7,775,629 | $7,641,736 | ▼ $133,893 |
| Liabilities | |||
| Other Liabilities | $21,449 | $3,670 | ▼ $17,779 |
| Accounts Payable and Accrued Expenses | $12,348 | $3,280 | ▼ $9,068 |
| Total Liabilities | $33,797 | $6,950 | ▼ $26,847 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $7,741,832 | $7,634,786 | ▼ $107,046 |
| Total Net Assets Fund Balance | $7,741,832 | $7,634,786 | ▼ $107,046 |
| Total Liabilities and Net Assets / Fund Balance | $7,775,629 | $7,641,736 | ▼ $133,893 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $7,241,003 | $2,127,809 | - |
| Land | $11,960 | - | - |
| Equipment | - | $476,165 | - |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Teresa Hammond | Executive Di | FT | $33,250 | $33,250 |
| Justin Reiter | Executive Di | FT | $21,640 | $21,640 |
| Name | Title |
|---|---|
| Bruce Loving | President |
| Michael Foster | Treasurer |
| Gayle Hillert | Vice Preside |
| Line Item | Amount |
|---|---|
| Other Expenses | $654,218 |
| Salaries, Compensation, and Employee Benefits | $154,276 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Depreciation Depletion | $268,552 | - | - | $268,552 |
| Occupancy | $109,396 | - | - | $109,396 |
| Other Salaries and Wages | $79,581 | $8,842 | - | $88,423 |
| Current Officers, Directors, Trustees, and Key Employees | $49,401 | $5,489 | - | $54,890 |
| Insurance | $32,442 | $8,111 | - | $40,553 |
| Advertising | $25,623 | $6,406 | - | $32,029 |
| Fees for Services Other | $16,248 | - | - | $16,248 |
| Payroll Taxes | $9,867 | $1,096 | - | $10,963 |
| Fees for Services Management | - | $5,768 | - | $5,768 |
| Fees for Services Accounting | - | $5,160 | - | $5,160 |
| Office Expenses | $3,171 | $793 | - | $3,964 |
| Information Technology | - | $2,626 | - | $2,626 |
| Other Expenses | $1,894 | $2,232 | - | $2,232 |
| Travel | $2,119 | - | - | $2,119 |
| Conferences and Meetings | $537 | $538 | - | $1,075 |
| Fees for Services Legal | - | $545 | - | $545 |
| Total Functional Expenses | $758,993 | $49,501 | $0 | $808,494 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Payroll Liabilities - Fed & State | $3,670 |
“An electronic copy of the form 990 is submitted to the executive committee for comprehensive review prior to filing, and is then made available to the full board for review prior to filing.”
“Any conflict of interest that arises is discussed and resolved by directors and board members that are independent of the situation.”
“All compensation arrangements are discussed and approved by the board of directors.”
“All compensation arrangements are discussed and approved by the board of directors.”
“A hard copy of governing documents and tax filings are available for public inspection following a written request sent to the company's address.”
“The mission of the masonic theatre preservation foundation is to serve the greater alleghany highlands community with a variety of educational, entertainment, business, and social programs to support the revitalized historic masonic theatre.”
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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| IRS990/ActivityOrMissionDesc | 0 | THE MISSION OF THE MASONIC THEATRE PRESERVATION FOUNDATION IS TO SERVE THE GREATER ALLEGHANY HIGHLANDS COMMUNITY WITH A VARIETY OF EDUCATIONAL, ENTERTAINMENT, BUSINESS, AND SOCIAL PROGRAMS TO SUPPORT THE REVITALIZED HISTORIC MASONIC THEATRE. |
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| IRS990/Desc | 0 | THE MASONIC THEATRE PRESERVATION FOUNDATION SERVES THE GREATER ALLEGHANY HIGHLANDS COMMUNITY WITH A VARIETY OF EDUCATIONAL, ENTERTAINMENT, BUSINESS, AND SOCIAL PROGRAMS; AND PARTNERS WITH ORGANIZATIONS IN NEED OF A FACILITY TO HOST PROGRAMS. BY DOING SO, THE MASONIC THEATRE AND AMPHITHEATRE IS UTILIZED IN PROVIDING FIRST-CLASS VENUES FOR THE PERFORMING ARTS AS WELL AS MULTI-USE SPACE FOR COMMUNITY ACTIVITIES. |
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| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.93310 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.96520 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 1787413 |
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| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 347022 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 276008 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 424070 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 316707 |
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| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 2127809 |
| IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt | 0 | 9368812 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 476165 |
| IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt | 0 | 476165 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 11960 |
| IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt | 0 | 11960 |
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| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | PAYROLL LIABILITIES - FED & STATE |
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| IRS990ScheduleD/TotalLiabilityAmt | 0 | 3670 |
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| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE MISSION OF THE MASONIC THEATRE PRESERVATION FOUNDATION IS TO SERVE THE GREATER ALLEGHANY HIGHLANDS COMMUNITY WITH A VARIETY OF EDUCATIONAL, ENTERTAINMENT, BUSINESS, AND SOCIAL PROGRAMS TO SUPPORT THE REVITALIZED HISTORIC MASONIC THEATRE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | AN ELECTRONIC COPY OF THE FORM 990 IS SUBMITTED TO THE EXECUTIVE COMMITTEE FOR COMPREHENSIVE REVIEW PRIOR TO FILING, AND IS THEN MADE AVAILABLE TO THE FULL BOARD FOR REVIEW PRIOR TO FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ANY CONFLICT OF INTEREST THAT ARISES IS DISCUSSED AND RESOLVED BY DIRECTORS AND BOARD MEMBERS THAT ARE INDEPENDENT OF THE SITUATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ALL COMPENSATION ARRANGEMENTS ARE DISCUSSED AND APPROVED BY THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | ALL COMPENSATION ARRANGEMENTS ARE DISCUSSED AND APPROVED BY THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | A HARD COPY OF GOVERNING DOCUMENTS AND TAX FILINGS ARE AVAILABLE FOR PUBLIC INSPECTION FOLLOWING A WRITTEN REQUEST SENT TO THE COMPANY'S ADDRESS. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 15B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 19 |
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| IRS990/TotalEmployeeCnt | 0 | 9 |
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| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 808494 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 33797 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 6950 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 33797 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 6950 |
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| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 7634786 |
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| IRS990/TotalProgramServiceRevenueAmt | 0 | 222252 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 54890 |
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| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 701448 |
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| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 7641736 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 2119 |
| IRS990/TravelGrp/TotalAmt | 0 | 2119 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 510 MAIN ST |
| IRS990/USAddress/CityNm | 0 | CLIFTON FORGE |
| IRS990/USAddress/StateAbbreviationCd | 0 | VA |
| IRS990/USAddress/ZIPCd | 0 | 24422 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 11 |
| IRS990/VotingMembersIndependentCnt | 0 | 11 |
| IRS990/WebsiteAddressTxt | 0 | WWW.HISTORICMASONICTHEATRE.COM |
| IRS990/WhistleblowerPolicyInd | 0 | true |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | TERESA HAMMOND |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5408624293 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2026-02-16 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | MASONIC THEATRE PRESERVATION |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MASO |
| ReturnHeader/Filer/EIN | 0 | 270440123 |
| ReturnHeader/Filer/PhoneNum | 0 | 5408624293 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | POBOX 119 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CLIFTON FORGE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 24422 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 270593881 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | PERSINGER COMPANY CPAS INC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO BOX 60 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | COVINGTON |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 24426 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5409622248 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2026-02-16 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | KURT A FEAZELL |
| ReturnHeader/ReturnTs | 0 | 2026-02-16T15:55:43-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2025-06-30 |
| ReturnHeader/TaxYr | 0 | 2024 |
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