Civic Intelligence

Colonial Fox Theatre Foundation

990 • Fiscal year 2020 • EIN 33-1160933

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 09, 2021

PO Box 33Pittsburg, KS 66762

(620) 235-0622

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

Higher debt load relative to assets than 18% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

19th percentile

0.00x

Higher debt load relative to revenue than 19% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

92nd percentile

56%

Higher net margin than 92% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

45th percentile

$43,820

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 8.2% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

62nd percentile

12%

Faster asset growth than 62% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

97th percentile

239%

Faster revenue growth than 97% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$2,808,763

Up $300,460 (+12%) from 2019

Net Assets

Up

$2,806,207

Up $299,180 (+12%) from 2019

Liabilities

Up

$2,556

Up $1,280 (+100%) from 2019

Revenue

Up

$536,490

Up $378,129 (+239%) from 2019

Expenses

Up

$237,310

Up $82,069 (+53%) from 2019

Net Income

Up

$299,180

Up $296,060 (+9489%) from 2019

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $713,955Liabilities 2010: $2,814Net Assets 2010: $711,1412010Assets 2011: $849,722Liabilities 2011: $1,634Net Assets 2011: $848,0882011Assets 2012: $1,015,224Liabilities 2012: $590Net Assets 2012: $1,014,6342012Assets 2013: $1,248,902Liabilities 2013: $1,463Net Assets 2013: $1,247,4392013Assets 2014: $1,317,117Liabilities 2014: $581Net Assets 2014: $1,316,5362014Assets 2015: $1,600,347Liabilities 2015: $2,685Net Assets 2015: $1,597,6622015Assets 2016: $2,256,907Liabilities 2016: $2,961Net Assets 2016: $2,253,9462016Assets 2017: $2,513,937Liabilities 2017: $3,407Net Assets 2017: $2,510,5302017Assets 2018: $2,506,409Liabilities 2018: $2,502Net Assets 2018: $2,503,9072018Assets 2019: $2,508,303Liabilities 2019: $1,276Net Assets 2019: $2,507,0272019Assets 2020: $2,808,763Liabilities 2020: $2,556Net Assets 2020: $2,806,2072020Assets 2021: $2,827,684Liabilities 2021: $1,574Net Assets 2021: $2,826,1102021Assets 2022: $2,979,690Liabilities 2022: $895Net Assets 2022: $2,978,7952022Assets 2023: $2,969,089Liabilities 2023: $0Net Assets 2023: $2,969,0892023Assets 2024: $2,891,734Liabilities 2024: $0Net Assets 2024: $2,891,7342024

Highlighted filing

2020

Assets$2,808,763
Liabilities$2,556
Net Assets$2,806,207

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $111,8382010Expenses 2011: $152,1592011Expenses 2012: $147,8162012Revenue 2013: $346,746Expenses 2013: $122,965Net Income 2013: $223,7812013Revenue 2014: $156,695Expenses 2014: $108,678Net Income 2014: $48,0172014Revenue 2015: $373,793Expenses 2015: $117,246Net Income 2015: $256,5472015Revenue 2016: $746,650Expenses 2016: $90,732Net Income 2016: $655,9182016Revenue 2017: $376,355Expenses 2017: $119,632Net Income 2017: $256,7232017Revenue 2018: $121,366Expenses 2018: $127,912Net Income 2018: -$6,5462018Revenue 2019: $158,361Expenses 2019: $155,241Net Income 2019: $3,1202019Revenue 2020: $536,490Expenses 2020: $237,310Net Income 2020: $299,1802020Revenue 2021: $294,764Expenses 2021: $258,686Net Income 2021: $36,0782021Revenue 2022: $325,864Expenses 2022: $172,593Net Income 2022: $153,2712022Revenue 2023: $140,326Expenses 2023: $150,032Net Income 2023: -$9,7062023Revenue 2024: $5,277Expenses 2024: $82,632Net Income 2024: -$77,3552024

Highlighted filing

2020

Revenue$536,490
Expenses$237,310
Net Income$299,180
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 9, 2021
Return Version
2020v4.0
Gross Receipts
$536,490
Mission and Program Overview

Mission

To acquire, maintain and operate the historical colonial fox theatre building in pittsburg, ks, in order to be an enduring dyanmic cultural center enriching the quality of life and economic vitality of pittsburg and surrounding communities.

Restore the historic colonial fox theatre to be an enduring dynamic cultural center enriching the quality of life and economic vitality for pittsburg and surrounding communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$2,507,027$2,806,207▲ $299,180
Land, Buildings, and Equipment, Net$2,445,740$2,445,194▼ $546
Savings and Temporary Cash Investments$46,325$298,480▲ $252,155
Cash and Non-Interest-Bearing Accounts$16,238$65,089▲ $48,851
Total Assets$2,508,303$2,808,763▲ $300,460
Liabilities
Accounts Payable and Accrued Expenses$1,276$2,556▲ $1,280
Total Liabilities$1,276$2,556▲ $1,280
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,507,027$2,806,207▲ $299,180
Total Liabilities and Net Assets / Fund Balance$2,508,303$2,808,763▲ $300,460

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,288,968-$2,288,968
Land$156,000-$156,000
Equipment$226$15,219$15,445
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Vonnie CorsiniExecutive DiPT$43,820$43,820

Board Members and Trustees

NameTitle
Leslie LackampPresident
Joe LevensFacilities
Rj JubberFacilities
Abby FernPromotion
Lynn MurrayPromotion
Tony SanchezPromotion
Vance LewisPromotion
Stephanie WattsPromotion/ev
Sarah RunyonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$535,972
Program Service Revenue
$430
Investment Income
$88
Other Revenue
$0
All Other Contributions
$490,972
Change in Net Assets
$299,180
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$138,642
Salaries, Compensation, and Employee Benefits$92,668
Total Fundraising Expense$77,219
Professional Fundraising Fees$6,000
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings-$735$71,188$71,923
Current Officers, Directors, Trustees, and Key Employees$41,966$1,845$9$43,820
Other Salaries and Wages$39,952$1,756$8$41,716
Office Expenses$23,735$1,043$5$24,783
Occupancy$13,716$603$3$14,322
Fees for Services Management$11,523$507$2$12,032
Insurance$7,877$346$2$8,225
Payroll Taxes$6,831$300$1$7,132
Fees for Services Professional Fundraising--$6,000$6,000
Information Technology$4,745$209$1$4,955
Advertising$751$33-$784
Depreciation Depletion$547--$547
Travel$419--$419
Other Expenses$48$2-$50
Total Functional Expenses$152,687$7,404$77,219$237,310
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$6,000
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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 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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

Active members will be designated each year by the board of trustees as those who make a minimusm contribution to the corporation as specified by the board of trustees each year at the annual meeting. Membership rights will be based in a current calendar year on a minimum gift during the previous or current calendar year.

Form 990, Page 6, Part VI, Line 7A

Trustees are elected by a majority vote of current trustees, not members; however members may vote on specified issues and decisions.

Form 990, Page 6, Part VI, Line 7B

At every meeting, each member shall be able to cast one vote, which may be cast either in person or by proxy. All proxies shall be filed in writing with the secretary and entered in the minutes of the meeting.

Form 990, Page 6, Part VI, Line 11B

Form 990 is prepard by an independent accounting firm based on information provided by the organization. The final version of the form 990 is provided to each board member before the form is filed with the irs. Further, the form 990 is reviewed by the board members prior to filing the form with the irs. The president of the organization presides and the treasurer leads the review.

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

Board members and any parties with delegated powers are required to sign a written conflict of interest policy on an annual basis. Any member with a conflict or potential conflict of interest would abstain from voting on any sissue related to that conflict.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are available to be viewed at the organization's place of business.

Filing and Contact Details

Filer

Filer Name
Colonial Fox Theatre Foundation
EIN
33-1160933
Phone
6202350622
Address
PO BOX 33, PITTSBURG, KS 66762

Signing Officer

Name
Vonnie Corsini
Title
Executive Director
Phone
6202350622
Signed
2021-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Vonnie Corsini
Formed
2006
Legal Domicile
Ks
Voting Board Members
9
Independent Board Members
9
Employees
2
Volunteers
200

Preparer

Firm
Davis CPA Group
Address
2203 E 32ND ST SUITE B, JOPLIN, MO 64804
Preparer
Brandon C Davis
Phone
4177171715
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To acquire, maintain and operate the historical colonial fox theatre building in pittsburg, ks, in order to be an enduring dyanmic cultural center enriching the quality of life and economic vitality of pittsburg and surrounding communities.

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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0883
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IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt045314
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IRS990ScheduleA/PublicSupportPY170Pct00.60180
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IRS990ScheduleA/SubstantialContributorsTotAmt0417242
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt015219
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt015445
IRS990ScheduleD/LandGrp/BookValueAmt0156000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0156000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02288968
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02288968
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02445194
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO ACQUIRE, MAINTAIN AND OPERATE THE HISTORICAL COLONIAL FOX THEATRE BUILDING IN PITTSBURG, KS, IN ORDER TO BE AN ENDURING DYANMIC CULTURAL CENTER ENRICHING THE QUALITY OF LIFE AND ECONOMIC VITALITY OF PITTSBURG AND SURROUNDING COMMUNITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVE MEMBERS WILL BE DESIGNATED EACH YEAR BY THE BOARD OF TRUSTEES AS THOSE WHO MAKE A MINIMUSM CONTRIBUTION TO THE CORPORATION AS SPECIFIED BY THE BOARD OF TRUSTEES EACH YEAR AT THE ANNUAL MEETING. MEMBERSHIP RIGHTS WILL BE BASED IN A CURRENT CALENDAR YEAR ON A MINIMUM GIFT DURING THE PREVIOUS OR CURRENT CALENDAR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TRUSTEES ARE ELECTED BY A MAJORITY VOTE OF CURRENT TRUSTEES, NOT MEMBERS; HOWEVER MEMBERS MAY VOTE ON SPECIFIED ISSUES AND DECISIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AT EVERY MEETING, EACH MEMBER SHALL BE ABLE TO CAST ONE VOTE, WHICH MAY BE CAST EITHER IN PERSON OR BY PROXY. ALL PROXIES SHALL BE FILED IN WRITING WITH THE SECRETARY AND ENTERED IN THE MINUTES OF THE MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990 IS PREPARD BY AN INDEPENDENT ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY THE ORGANIZATION. THE FINAL VERSION OF THE FORM 990 IS PROVIDED TO EACH BOARD MEMBER BEFORE THE FORM IS FILED WITH THE IRS. FURTHER, THE FORM 990 IS REVIEWED BY THE BOARD MEMBERS PRIOR TO FILING THE FORM WITH THE IRS. THE PRESIDENT OF THE ORGANIZATION PRESIDES AND THE TREASURER LEADS THE REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BOARD MEMBERS AND ANY PARTIES WITH DELEGATED POWERS ARE REQUIRED TO SIGN A WRITTEN CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. ANY MEMBER WITH A CONFLICT OR POTENTIAL CONFLICT OF INTEREST WOULD ABSTAIN FROM VOTING ON ANY SISSUE RELATED TO THAT CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO BE VIEWED AT THE ORGANIZATION'S PLACE OF BUSINESS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/EOYAmt02808763
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IRS990/TotalFunctionalExpensesGrp/FundraisingAmt077219
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt07404
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0152687
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IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesGrp/BOYAmt01276
IRS990/TotalLiabilitiesGrp/EOYAmt02556
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IRS990/TotalProgramServiceExpensesAmt0152687
IRS990/TotalProgramServiceRevenueAmt0430
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02808763
IRS990/TravelGrp/ProgramServicesAmt0419
IRS990/TravelGrp/TotalAmt0419
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 33
IRS990/USAddress/CityNm0PITTSBURG
IRS990/USAddress/StateAbbreviationCd0KS
IRS990/USAddress/ZIPCd066762
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.COLONIALFOX.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0VONNIE CORSINI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06202350622
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COLONIAL FOX THEATRE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0COLO
ReturnHeader/Filer/EIN0331160933
ReturnHeader/Filer/PhoneNum06202350622
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 33
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0KS
ReturnHeader/Filer/USAddress/ZIPCd066762
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0474814965
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DAVIS CPA GROUP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02203 E 32ND ST SUITE B
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0JOPLIN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd064804
ReturnHeader/PreparerPersonGrp/PhoneNum04177171715
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRANDON C DAVIS
ReturnHeader/ReturnTs02021-11-12T12:48:04-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0VONNIE

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.89$0.00$2.89$0.01$0.08$0.08
2023Detailed filing. Detailed filing data is available for this year.$2.97$0.00$2.97$0.14$0.15$0.01
2022Detailed filing. Detailed filing data is available for this year.$2.98$0.00$2.98$0.33$0.17$0.15
2021Detailed filing. Detailed filing data is available for this year.$2.83$0.00$2.83$0.29$0.26$0.04
2020Detailed filing. Detailed filing data is available for this year.$2.81$0.00$2.81$0.54$0.24$0.30
2019Detailed filing. Detailed filing data is available for this year.$2.51$0.00$2.51$0.16$0.16$0.00
2018Detailed filing. Detailed filing data is available for this year.$2.51$0.00$2.50$0.12$0.13$0.01
2017Detailed filing. Detailed filing data is available for this year.$2.51$0.00$2.51$0.38$0.12$0.26
2016Detailed filing. Detailed filing data is available for this year.$2.26$0.00$2.25$0.75$0.09$0.66
2015Detailed filing. Detailed filing data is available for this year.$1.60$0.00$1.60$0.37$0.12$0.26
2014Detailed filing. Detailed filing data is available for this year.$1.32$0.00$1.32$0.16$0.11$0.05
2013Detailed filing. Detailed filing data is available for this year.$1.25$0.00$1.25$0.35$0.12$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$0.00$1.01$0.15
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.85$0.00$0.85$0.15
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.71$0.00$0.71$0.11