Civic Intelligence

Granbury Theatre Company Inc.

EIN 45-3935915 • 501(c)3 • Granbury, TX

Pub. 78 Eligible

Profile

Granbury Theatre Company educats the public on subjects useful to the community and promotes the arts and cultural awareness. The organization enriches the community with high quality theatre presentations for adults and children

PO Box 182Granbury, TX 76048

www.granburytheatrecompany.org

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

Higher debt load relative to assets than 27% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

21st percentile

0.00x

Higher debt load relative to revenue than 21% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

12th percentile

-24%

Higher net margin than 12% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

3rd percentile

-59%

Faster asset growth than 3% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

26th percentile

-7.0%

Faster revenue growth than 26% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$300,191

Down $436,474 (-59%) from 2023

Liabilities

Flat

$1,109

Flat from 2023

Net Assets

Down

$299,082

Down $436,474 (-59%) from 2023

Revenue

Down

$1,824,654

Down $136,794 (-7.0%) from 2023

Expenses

Down

$2,261,128

Down $90,254 (-3.8%) from 2023

Net Income

Down

-$436,474

Down $46,540 (-12%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2012: $16,852Liabilities 2012: $36,924Net Assets 2012: -$20,0722012Assets 2013: $67,438Liabilities 2013: $41,992Net Assets 2013: $25,4462013Assets 2014: $57,423Liabilities 2014: $27,335Net Assets 2014: $30,0882014Assets 2015: $82,860Liabilities 2015: $15,309Net Assets 2015: $67,5512015Assets 2016: $148,485Liabilities 2016: $15,309Net Assets 2016: $133,1762016Assets 2017: $150,457Liabilities 2017: $5,309Net Assets 2017: $145,1482017Assets 2018: $268,456Liabilities 2018: $0Net Assets 2018: $268,4562018Assets 2019: $337,445Liabilities 2019: $0Net Assets 2019: $337,4452019Assets 2020: $261,092Liabilities 2020: $0Net Assets 2020: $261,0922020Assets 2021: $1,277,332Liabilities 2021: $0Net Assets 2021: $1,277,3322021Assets 2022: $1,205,443Liabilities 2022: $0Net Assets 2022: $1,205,4432022Assets 2023: $736,665Liabilities 2023: $1,109Net Assets 2023: $735,5562023Assets 2024: $300,191Liabilities 2024: $1,109Net Assets 2024: $299,0822024

Highlighted filing

2024

Assets$300,191
Liabilities$1,109
Net Assets$299,082

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2012: $170,1952012Revenue 2013: $381,351Expenses 2013: $335,833Net Income 2013: $45,5182013Revenue 2014: $400,758Expenses 2014: $396,116Net Income 2014: $4,6422014Revenue 2015: $642,343Expenses 2015: $604,880Net Income 2015: $37,4632015Revenue 2016: $1,233,518Expenses 2016: $1,167,893Net Income 2016: $65,6252016Revenue 2017: $1,215,093Expenses 2017: $1,245,808Net Income 2017: -$30,7152017Revenue 2018: $1,318,381Expenses 2018: $1,227,760Net Income 2018: $90,6212018Revenue 2019: $1,579,938Expenses 2019: $1,510,949Net Income 2019: $68,9892019Revenue 2020: $583,737Expenses 2020: $623,677Net Income 2020: -$39,9402020Revenue 2021: $2,515,409Expenses 2021: $1,418,923Net Income 2021: $1,096,4862021Revenue 2022: $2,023,059Expenses 2022: $2,094,948Net Income 2022: -$71,8892022Revenue 2023: $1,961,448Expenses 2023: $2,351,382Net Income 2023: -$389,9342023Revenue 2024: $1,824,654Expenses 2024: $2,261,128Net Income 2024: -$436,4742024

Highlighted filing

2024

Revenue$1,824,654
Expenses$2,261,128
Net Income-$436,474

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 15, 2025
Return Version
2024v5.1
Gross Receipts
$1,824,654
Mission and Program Overview

Mission

Granbury Theatre Company educats the public on subjects useful to the community and promotes the arts and cultural awareness. The organization enriches the community with high quality theatre presentations for adults and children

Granbury Theatre Company educates the public on subjects useful to the community and promotes the arts and cultural awareness. The organization enriches the community with high quality theatre presentations for adults and children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$684,227$247,753▼ $436,474
Savings and Temporary Cash Investments$43,045$43,045→ $0
Prepaid Expenses and Deferred Charges$9,393$9,393→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$736,665$300,191▼ $436,474
Liabilities
Accounts Payable and Accrued Expenses$1,109$1,109→ $0
Total Liabilities$1,109$1,109→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$702,809$266,335▼ $436,474
Net Assets With Donor Restrictions$32,747$32,747→ $0
Total Net Assets Fund Balance$735,556$299,082▼ $436,474
Total Liabilities and Net Assets / Fund Balance$736,665$300,191▼ $436,474

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$12,272-$12,272
Land$0--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Micky ShearonPresident
Paul HydeVice President
Cathy CaseyMember
Jeff MeadorSecretary
Lisa JohnsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,824,654
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-436,474
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,195,858
Salaries, Compensation, and Employee Benefits$65,270
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$1,127,820$196,553$0$1,324,373
Other Expenses$76,872$0$0$76,872
Other Salaries and Wages$65,270$0$0$65,270
Advertising$18,522$0$0$18,522
Total Functional Expenses$1,827,600$433,528$0$2,261,128
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Granbury Theatre Company Inc
EIN
45-3935915
Phone
8172797412
Address
PO BOX 182, GRANBURY, TX 76048

Signing Officer

Name
Micky Shearon
Title
President
Phone
8172797412
Signed
2025-02-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Micky Shearon
Formed
2011
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
46
Volunteers
37

Preparer

Firm
Holson Inc
Address
3208 FALL CREEK HWY, GRANBURY, TX 76049
Preparer
Randy S Holson CPA
Phone
8173264034
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

No explanation required, no process is documented

Pt VI, Line 12C

A draft of the form 990 is given to all board members and is available to the public upon request

Form 990, Part IX, Line 24E

Materials & Supplies 59546. 59546. 0. 0.

Form 990, Part IX, Line 24E

Miscellaneous 37440. 37440. 0. 0.

Form 990, Part IX, Line 24E

Payroll - Taxes 134370. 134370. 0. 0.

Form 990, Part IX, Line 24E

Reimbursements 1743. 1743. 0. 0.

Form 990, Part IX, Line 24E

Class 6477. 6477. 0. 0.

Form 990, Part IX, Line 24E

Donations 5097. 5097. 0. 0.

Form 990, Part IX, Line 24E

Memberships 15381. 15381. 0. 0.

Form 990, Part IX, Line 24E

Production Expenses 350. 350. 0. 0.

Form 990, Part IX, Line 24E

Activity 5589. 5589. 0. 0.

Form 990, Part IX, Line 24E

Cast Photo 444. 444. 0. 0.

Form 990, Part IX, Line 24E

Costumes 28798. 28798. 0. 0.

Form 990, Part IX, Line 24E

Graphic Design 36000. 36000. 0. 0.

Form 990, Part IX, Line 24E

Housing 31743. 31743. 0. 0.

Form 990, Part IX, Line 24E

Lights 3974. 3974. 0. 0.

Form 990, Part IX, Line 24E

Meals 28808. 28808. 0. 0.

Form 990, Part IX, Line 24E

Painting 390. 390. 0. 0.

Form 990, Part IX, Line 24E

Photography 10550. 10550. 0. 0.

Form 990, Part IX, Line 24E

Playbills 20232. 20232. 0. 0.

Form 990, Part IX, Line 24E

Production Team Stipends 92145. 0. 92145. 0.

Form 990, Part IX, Line 24E

Props 13997. 13997. 0. 0.

Form 990, Part IX, Line 24E

Royalties 403974. 403974. 0. 0.

Form 990, Part IX, Line 24E

Security 5888. 5888. 0. 0.

Form 990, Part IX, Line 24E

Set 59029. 59029. 0. 0.

Form 990, Part IX, Line 24E

Sound 1133. 1133. 0. 0.

Form 990, Part IX, Line 24E

Technician Stipends 67803. 0. 67803. 0.

Form 990, Part IX, Line 24E

T-shirts 8921. 8921. 0. 0.

Form 990, Part IX, Line 24E

Videography 16902. 16902. 0. 0.

Form 990, Part IX, Line 24E

Ticketing 106227. 106227. 0. 0.

Form 990, Part IX, Line 24E

Travel 84817. 84817. 0. 0.

Form 990, Part IX, Line 24E

Vehicle 36605. 0. 36605. 0.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO EXPLANATION REQUIRED, NO PROCESS IS DOCUMENTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT OF THE FORM 990 IS GIVEN TO ALL BOARD MEMBERS AND IS AVAILABLE TO THE PUBLIC UPON REQUEST
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Miscellaneous 37440. 37440. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Payroll - Taxes 134370. 134370. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Reimbursements 1743. 1743. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Class 6477. 6477. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Donations 5097. 5097. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Memberships 15381. 15381. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Production Expenses 350. 350. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Activity 5589. 5589. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Cast Photo 444. 444. 0. 0.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Painting 390. 390. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18Photography 10550. 10550. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19Playbills 20232. 20232. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20Production Team Stipends 92145. 0. 92145. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21Props 13997. 13997. 0. 0.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt23Security 5888. 5888. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt24Set 59029. 59029. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt25Sound 1133. 1133. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt26Technician Stipends 67803. 0. 67803. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt27T-shirts 8921. 8921. 0. 0.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt30Travel 84817. 84817. 0. 0.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc21Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc22Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc23Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc24Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc25Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc26Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc27Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc28Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc29Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc30Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc31Form 990, Part IX, Line 24e
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IRS990/TerminateOperationsInd0false
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0433528
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01827600
IRS990/TotalFunctionalExpensesGrp/TotalAmt02261128
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt01109
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IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0735556
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0299082
IRS990/TotalProgramServiceExpensesAmt01827600
IRS990/TotalProgramServiceRevenueAmt01824654
IRS990/TotalRevenueGrp/ExclusionAmt00
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01824654
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt037
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IRS990/USAddress/CityNm0GRANBURY
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd076048
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICKY SHEARON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08172797412
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-02-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GRANBURY THEATRE COMPANY INC
ReturnHeader/Filer/BusinessNameControlTxt0GRAN
ReturnHeader/Filer/EIN0453935915
ReturnHeader/Filer/PhoneNum08172797412
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 182
ReturnHeader/Filer/USAddress/CityNm0GRANBURY
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0270916283
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HOLSON INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03208 FALL CREEK HWY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GRANBURY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd076049
ReturnHeader/PreparerPersonGrp/PhoneNum08173264034
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RANDY S HOLSON CPA
ReturnHeader/ReturnTs02025-05-27T10:33:43-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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