Liabilities / Assets
97th percentile
Higher debt load relative to assets than 97% of similar nonprofits.
EIN 45-3415948 • 501(c)3 • Lambertville, NJ
Profile
To operate a full time professional theater with the principal focus being the production of american musical theater and develop a curriculum in partnership with regional performing arts centers whose principal focus will be instructing children in live theater and related performing arts. Also to develop and operating an educational theater whose principal focus will be to develop a relationship with area schools for the purpose of exposing students to professional live theater and related performing arts.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
97th percentile
Higher debt load relative to assets than 97% of similar nonprofits.
Liabilities / Revenue
72nd percentile
Higher debt load relative to revenue than 72% of similar nonprofits.
Net Margin
35th percentile
Higher net margin than 35% of similar nonprofits.
Top Officer Pay
39th percentile
Higher top officer pay than 39% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
12th percentile
Faster asset growth than 12% of similar nonprofits.
Revenue Growth
75th percentile
Faster revenue growth than 75% of similar nonprofits.
Assets
Down$429,026
Down $71,505 (-14%) from 2023
Liabilities
Down$506,790
Down $13,799 (-2.7%) from 2023
Net Assets
Down-$77,764
Down $57,706 (-288%) from 2023
Revenue
Up$1,735,334
Up $499,402 (+40%) from 2023
Expenses
Up$1,793,040
Up $541,594 (+43%) from 2023
Net Income
Down-$57,706
Down $42,192 (-272%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
Operate a full-time professional theater in bucks, pa and hunterdon, nj counties with the principal focus being production of american musical theater; develop a series of programming to honor efforts pioneered by moss hart; develop a curriculum in partnership with regional performing arts centers whose principal focus will be instructing children in live theater and related performing arts; develop and operate an educational theater division whose principal focus will be to develop a relationship with area schools for the purpose of exposing students to professional live theater and related performing arts.
To operate a full time professional theater with the principal focus being the production of american musical theater and develop a curriculum in partnership with regional performing arts centers whose principal focus will be instructing children in live theater and related performing arts. Also to develop and operate an educational theater whose principal focus will be to develop a relationship with area schools for the purpose of exposing students to professional live theater and related performing arts.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $385,361 | $338,496 | ▼ $46,865 |
| Loans From Officers Directors | $224,298 | $205,207 | ▼ $19,091 |
| Cash and Non-Interest-Bearing Accounts | $99,120 | $90,530 | ▼ $8,590 |
| Prepaid Expenses and Deferred Charges | $16,050 | - | - |
| Total Assets | $500,531 | $429,026 | ▼ $71,505 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $243,469 | $264,831 | ▲ $21,362 |
| Accounts Payable and Accrued Expenses | $45,492 | $29,422 | ▼ $16,070 |
| Deferred Revenue | $7,330 | $7,330 | → $0 |
| Total Liabilities | $520,589 | $506,790 | ▼ $13,799 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $-20,058 | $-77,764 | ▼ $57,706 |
| Total Net Assets Fund Balance | $-20,058 | $-77,764 | ▼ $57,706 |
| Total Liabilities and Net Assets / Fund Balance | $500,531 | $429,026 | ▼ $71,505 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $124,437 | $211,093 | $335,530 |
| Leasehold Improvements | $205,681 | $116,571 | $322,252 |
| Buildings | $8,378 | $7,837 | $16,215 |
| Other Land Buildings | - | $2,908 | $2,908 |
| Name | Title |
|---|---|
| Virginia Brennan | Chairperson |
| Anya Madding | President |
| Anna Hentz | Director |
| Rachel Fingles | Director |
| Eva Guasconi | Trustee/dire |
| Wendy Cobb | Secretary |
| Chris Boerum | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $1,220,415 |
| Salaries, Compensation, and Employee Benefits | $572,625 |
| Total Fundraising Expense | $15,769 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $501,647 | - | - | $501,647 |
| Occupancy | $307,895 | - | - | $307,895 |
| All Other Expenses | $100,911 | $63,579 | $15,769 | $180,259 |
| Advertising | $165,571 | - | - | $165,571 |
| Fees for Services Other | $104,508 | $5,766 | - | $110,274 |
| Depreciation Depletion | $66,389 | - | - | $66,389 |
| Payroll Taxes | $57,451 | - | - | $57,451 |
| Other Expenses | $40,006 | - | - | $40,006 |
| Interest | - | $33,915 | - | $33,915 |
| Office Expenses | - | $27,508 | - | $27,508 |
| Information Technology | $19,171 | - | - | $19,171 |
| Travel | - | $17,816 | - | $17,816 |
| Insurance | $16,128 | - | - | $16,128 |
| Other Employee Benefits | $13,527 | - | - | $13,527 |
| Total Functional Expenses | $1,628,687 | $148,584 | $15,769 | $1,793,040 |
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $1,296 |
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $224,298 | $205,207 | ▼ $19,091 |
“No review was or will be conducted.”
“UPON REQUEST”
“MUSIC MOUNTAIN THEATRE”
“To operate a full time professional theater with the principal focus being the production of american musical theater and develop a curriculum in partnership with regional performing arts centers whose principal focus will be instructing children in live theater and related performing arts. Also to develop and operate an educational theater whose principal focus will be to develop a relationship with area schools for the purpose of exposing students to professional live theater and related performing arts.”
“To operate a full time professional theater with the principal focus being the production of american musical theater and develop a curriculum in partnership with regional performing arts centers whose principal focus will be instructing children in live theater and related performing arts. Also to develop and operate an educational theater whose principal focus will be to develop a relationship with area schools for the purpose of exposing students to professional live theater and related performing arts.”
“Merchant fee 0 33,729 0 costumes 33,616 0 0 props 20,508 0 0 repairs 16,262 0 0 fundraiser expense 0 0 15,769 music fees 0 13,887 0 bank and payroll fees 10,005 575 0 equipment 9,231 0 0 internet 0 6,561 0 meals 0 5,270 0 credit card fees 4,273 0 0 miscellaneous 3,248 0 0 dues and subscriptions 0 1,094 0 credit card payment 1,064 0 0 photography 900 0 0 website 0 864 0 late fees 0 586 0 dressing room 532 0 0 program 480 0 0 fabric 384 0 0 donation 0 310 0 education 280 0 0 restaurants 0 240 0 service fee 0 225 0 taxes 0 138 0 production costs 128 0 0 equipment rental 0 100 0 total 100,911 63,579 15,769”
“Fundraising expenses 0 fundraising expenses 0”
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/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 29422 |
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| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 165571 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 165571 |
| IRS990/AllOtherContributionsAmt | 0 | 260073 |
| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | 15769 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 63579 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 100911 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 180259 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | VIRGINIA BRENNAN |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6093973337 |
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| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
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| IRS990/CYOtherRevenueAmt | 0 | 5493 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 1468768 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -57706 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 572625 |
| IRS990/CYTotalExpensesAmt | 0 | 1793040 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 15769 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1735334 |
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| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 66389 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 66389 |
| IRS990/Desc | 0 | TO OPERATE A FULL TIME PROFESSIONAL THEATER WITH THE PRINCIPAL FOCUS BEING THE PRODUCTION OF AMERICAN MUSICAL THEATER AND DEVELOP A CURRICULUM IN PARTNERSHIP WITH REGIONAL PERFORMING ARTS CENTERS WHOSE PRINCIPAL FOCUS WILL BE INSTRUCTING CHILDREN IN LIVE THEATER AND RELATED PERFORMING ARTS. ALSO TO DEVELOP AND OPERATE AN EDUCATIONAL THEATER WHOSE PRINCIPAL FOCUS WILL BE TO DEVELOP A RELATIONSHIP WITH AREA SCHOOLS FOR THE PURPOSE OF EXPOSING STUDENTS TO PROFESSIONAL LIVE THEATER AND RELATED PERFORMING ARTS. |
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| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 1628687 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
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| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 104508 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 110274 |
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| IRS990/ForeignOfficeInd | 0 | false |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
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| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | ANNA HENTZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | ANYA MADDING |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | TRUSTEE/DIRE |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | PRESIDENT |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/FormationYr | 0 | 2013 |
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| IRS990/FundraisingGrossIncomeAmt | 0 | 1296 |
| IRS990/GamingActivitiesInd | 0 | false |
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| IRS990/GovernmentGrantsAmt | 0 | 1000 |
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| IRS990/GrantsToOrganizationsInd | 0 | false |
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| IRS990/GrossReceiptsAmt | 0 | 1735334 |
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| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 19171 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 16128 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 16128 |
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| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 4 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
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| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 385361 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 338496 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 676905 |
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| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | -20058 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | -77764 |
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| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 13527 |
| IRS990/OtherExpensesGrp/Desc | 0 | LICENSES |
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| IRS990/OtherExpensesGrp/Desc | 3 | CONCESSION |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 129043 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 64863 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 41577 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 40006 |
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| IRS990/OtherExpensesGrp/TotalAmt | 1 | 64863 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 41577 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 40006 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | OTHER INCOME |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | ERTC |
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| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 1 | 500 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 3697 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | 500 |
| IRS990/OtherRevenueTotalAmt | 0 | 4197 |
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| IRS990/PartialLiquidationInd | 0 | false |
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| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 57451 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 57451 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 16050 |
| IRS990/PrincipalOfficerNm | 0 | VIRGINIA BRENNAN |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | THEATER PERFORMANCES |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | CHILDRENS THEATER FEE |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1328223 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 140545 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 1328223 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 140545 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | TO OPERATE A FULL TIME PROFESSIONAL THEATER WITH THE PRINCIPAL FOCUS BEING THE PRODUCTION OF AMERICAN MUSICAL THEATER AND DEVELOP A CURRICULUM IN PARTNERSHIP WITH REGIONAL PERFORMING ARTS CENTERS WHOSE PRINCIPAL FOCUS WILL BE INSTRUCTING CHILDREN IN LIVE THEATER AND RELATED PERFORMING ARTS. ALSO TO DEVELOP AND OPERATE AN EDUCATIONAL THEATER WHOSE PRINCIPAL FOCUS WILL BE TO DEVELOP A RELATIONSHIP WITH AREA SCHOOLS FOR THE PURPOSE OF EXPOSING STUDENTS TO PROFESSIONAL LIVE THEATER AND RELATED PERFORMING ARTS. |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 239007 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYOtherExpensesAmt | 0 | 746965 |
| IRS990/PYOtherRevenueAmt | 0 | 72007 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | MUSIC MOUNTAIN THEATRE |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | TO OPERATE A FULL TIME PROFESSIONAL THEATER WITH THE PRINCIPAL FOCUS BEING THE PRODUCTION OF AMERICAN MUSICAL THEATER AND DEVELOP A CURRICULUM IN PARTNERSHIP WITH REGIONAL PERFORMING ARTS CENTERS WHOSE PRINCIPAL FOCUS WILL BE INSTRUCTING CHILDREN IN LIVE THEATER AND RELATED PERFORMING ARTS. ALSO TO DEVELOP AND OPERATE AN EDUCATIONAL THEATER WHOSE PRINCIPAL FOCUS WILL BE TO DEVELOP A RELATIONSHIP WITH AREA SCHOOLS FOR THE PURPOSE OF EXPOSING STUDENTS TO PROFESSIONAL LIVE THEATER AND RELATED PERFORMING ARTS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | TO OPERATE A FULL TIME PROFESSIONAL THEATER WITH THE PRINCIPAL FOCUS BEING THE PRODUCTION OF AMERICAN MUSICAL THEATER AND DEVELOP A CURRICULUM IN PARTNERSHIP WITH REGIONAL PERFORMING ARTS CENTERS WHOSE PRINCIPAL FOCUS WILL BE INSTRUCTING CHILDREN IN LIVE THEATER AND RELATED PERFORMING ARTS. ALSO TO DEVELOP AND OPERATE AN EDUCATIONAL THEATER WHOSE PRINCIPAL FOCUS WILL BE TO DEVELOP A RELATIONSHIP WITH AREA SCHOOLS FOR THE PURPOSE OF EXPOSING STUDENTS TO PROFESSIONAL LIVE THEATER AND RELATED PERFORMING ARTS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | NO REVIEW WAS OR WILL BE CONDUCTED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | UPON REQUEST |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | MERCHANT FEE 0 33,729 0 COSTUMES 33,616 0 0 PROPS 20,508 0 0 REPAIRS 16,262 0 0 FUNDRAISER EXPENSE 0 0 15,769 MUSIC FEES 0 13,887 0 BANK AND PAYROLL FEES 10,005 575 0 EQUIPMENT 9,231 0 0 INTERNET 0 6,561 0 MEALS 0 5,270 0 CREDIT CARD FEES 4,273 0 0 MISCELLANEOUS 3,248 0 0 DUES AND SUBSCRIPTIONS 0 1,094 0 CREDIT CARD PAYMENT 1,064 0 0 PHOTOGRAPHY 900 0 0 WEBSITE 0 864 0 LATE FEES 0 586 0 DRESSING ROOM 532 0 0 PROGRAM 480 0 0 FABRIC 384 0 0 DONATION 0 310 0 EDUCATION 280 0 0 RESTAURANTS 0 240 0 SERVICE FEE 0 225 0 TAXES 0 138 0 PRODUCTION COSTS 128 0 0 EQUIPMENT RENTAL 0 100 0 TOTAL 100,911 63,579 15,769 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | FUNDRAISING EXPENSES 0 FUNDRAISING EXPENSES 0 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 1, ITEM C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 2, PART III, LINE 4D |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART IX, LINE 24E |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART XI, LINE 9 |
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