Civic Intelligence

Bridge Street Theatre Inc

EIN 46-3812029 • 501(c)3 • Catskill, NY

Profile

Enhance cutural life of local area

44 West Bridge StreetCatskill, NY 12414

bridgest.org

Siviq Scores

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

Liabilities / Assets

86th percentile

0.51x

Higher debt load relative to assets than 86% of similar nonprofits.

NTEE A99 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

93rd percentile

0.97x

Higher debt load relative to revenue than 93% of similar nonprofits.

NTEE A99 • <$500k nonprofits • Source year 2024

Net Margin

23rd percentile

-6.2%

Higher net margin than 23% of similar nonprofits.

NTEE A99 • <$500k nonprofits • Source year 2024

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

NTEE A99 • <$500k nonprofits • Source year 2024

Asset Growth

36th percentile

-5.4%

Faster asset growth than 36% of similar nonprofits.

NTEE A99 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

54th percentile

5.3%

Faster revenue growth than 54% of similar nonprofits.

NTEE A99 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$390,586

Down $22,500 (-5.4%) from 2023

Liabilities

Down

$199,185

Down $9,784 (-4.7%) from 2023

Net Assets

Down

$191,401

Down $12,716 (-6.2%) from 2023

Revenue

Up

$204,953

Up $10,251 (+5.3%) from 2023

Expenses

Up

$217,669

Up $4,562 (+2.1%) from 2023

Net Income

Up

-$12,716

Up $5,689 (+31%) from 2023

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2013: $180,540Liabilities 2013: $133,936Net Assets 2013: $46,6042013Assets 2014: $191,321Liabilities 2014: $130,155Net Assets 2014: $61,1662014Assets 2015: $236,174Liabilities 2015: $126,158Net Assets 2015: $110,0162015Assets 2016: $388,117Liabilities 2016: $172,194Net Assets 2016: $215,9232016Assets 2017: $387,681Liabilities 2017: $164,519Net Assets 2017: $223,1622017Assets 2018: $415,651Liabilities 2018: $186,195Net Assets 2018: $229,4562018Assets 2019: $400,342Liabilities 2019: $170,664Net Assets 2019: $229,6782019Assets 2020: $455,242Liabilities 2020: $231,606Net Assets 2020: $223,6362020Assets 2021: $510,818Liabilities 2021: $290,274Net Assets 2021: $220,5442021Assets 2022: $463,409Liabilities 2022: $240,890Net Assets 2022: $222,5192022Assets 2023: $413,086Liabilities 2023: $208,969Net Assets 2023: $204,1172023Assets 2024: $390,586Liabilities 2024: $199,185Net Assets 2024: $191,4012024

Highlighted filing

2024

Assets$390,586
Liabilities$199,185
Net Assets$191,401

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2013: $53,314Expenses 2013: $6,710Net Income 2013: $46,6042013Revenue 2014: $61,022Expenses 2014: $46,460Net Income 2014: $14,5622014Revenue 2015: $124,502Expenses 2015: $75,652Net Income 2015: $48,8502015Revenue 2016: $225,648Expenses 2016: $119,741Net Income 2016: $105,9072016Revenue 2017: $171,183Expenses 2017: $163,945Net Income 2017: $7,2382017Revenue 2018: $170,180Expenses 2018: $163,886Net Income 2018: $6,2942018Revenue 2019: $205,698Expenses 2019: $205,476Net Income 2019: $2222019Revenue 2020: $70,375Expenses 2020: $76,415Net Income 2020: -$6,0402020Revenue 2021: $147,177Expenses 2021: $150,270Net Income 2021: -$3,0932021Revenue 2022: $189,447Expenses 2022: $187,472Net Income 2022: $1,9752022Revenue 2023: $194,702Expenses 2023: $213,107Net Income 2023: -$18,4052023Revenue 2024: $204,953Expenses 2024: $217,669Net Income 2024: -$12,7162024

Highlighted filing

2024

Revenue$204,953
Expenses$217,669
Net Income-$12,716

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 14, 2025
Return Version
2024v5.2
Gross Receipts
$205,277
Mission and Program Overview

Mission

Enhance cultural life of local area

Enhance cutural life of local area

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$392,028$375,256▼ $16,772
Cash and Non-Interest-Bearing Accounts$16,304$12,509▼ $3,795
Prepaid Expenses and Deferred Charges$3,630$1,451▼ $2,179
Accounts Receivable$0$1,110▲ $1,110
Inventories for Sale or Use$1,124$260▼ $864
Total Assets$413,086$390,586▼ $22,500
Liabilities
Mortgage Notes Payable Secured by Investment Property$141,970$136,289▼ $5,681
Unsecured Notes Loans Payable$59,152$57,824▼ $1,328
Accounts Payable and Accrued Expenses$6,056$3,167▼ $2,889
Other Liabilities$521$1,830▲ $1,309
Deferred Revenue$1,270$75▼ $1,195
Total Liabilities$208,969$199,185▼ $9,784
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$204,117$191,401▼ $12,716
Total Net Assets Fund Balance$204,117$191,401▼ $12,716
Total Liabilities and Net Assets / Fund Balance$413,086$390,586▼ $22,500

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$328,348$105,950-
Land$10,000--
Equipment$31,186$53,399-
Leasehold Improvements$5,722$3,110-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Elizabeth BarrettPresident
Steven PattersonVice President
John SowleArtistic and Managing Director
Anna RobinsonDirector
Brent BuellDirector
Brian SheppardDirector
Mark PerryDirector
Tom IllaryAsst Sec/Treas
Christa BushSecretary
Jeffrey BarrettTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$99,023
Program Service Revenue
$101,556
Investment Income
$0
Other Revenue
$4,374
All Other Contributions
$71,023
Change in Net Assets
$-12,716
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$140,972
Salaries, Compensation, and Employee Benefits$76,697
Total Fundraising Expense$1,134
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$43,807$25,373$0$69,180
Depreciation Depletion$19,787$53$0$19,840
Occupancy$0$13,573$0$13,573
Interest$0$9,696$0$9,696
Other Expenses$7,537$617$18$8,172
Royalties$7,840$0$0$7,840
Travel$7,178$407$0$7,585
Insurance$0$7,359$0$7,359
Payroll Taxes$2,184$4,486$0$6,670
Fees for Services Accounting$0$6,650$0$6,650
Advertising$2,542$3,860$0$6,402
Office Expenses$380$3,241$1,074$4,695
Information Technology$0$4,065$0$4,065
Other Employee Benefits$847$0$0$847
Payment Travel Entrtnmnt Publicly Ofcl$181$345$0$526
Total Functional Expenses$124,884$91,651$1,134$217,669
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$4,390
Fundraising Direct Expenses$324
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 taxes$1,830
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
Bridge Street Theatre Inc
EIN
46-3812029
Phone
5184785982
Address
44 West Bridge Street, Catskill, NY 12414

Signing Officer

Name
Elizabeth Barrett
Title
President
Phone
5184785982
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elizabeth Barrett
Formed
2013
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
8
Employees
19
Volunteers
75

Preparer

Firm
J Jeffrey Barrett Sr CPA
Address
PO BOX 288, CATSKILL, NY 12414
Preparer
J Jeffrey Barrett Sr
Phone
5189431400
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Board memeber reveiw electronic copies of return.

Pt VI, Line 19

Available by request or through on-line Charity Navigator or NYS Charities Bureau

Pt VI, Line 12C

Monitored by President at Board meetings

Pt VI, Line 2

Artistic and Managing Director is married to a Board Member

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IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04486
IRS990/PayrollTaxesGrp/ProgramServicesAmt02184
IRS990/PayrollTaxesGrp/TotalAmt06670
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03630
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01451
IRS990/PrincipalOfficerNm0Elizabeth Barrett
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IRS990/ProgramServiceRevenueGrp/BusinessCd0711110
IRS990/ProgramServiceRevenueGrp/BusinessCd1721000
IRS990/ProgramServiceRevenueGrp/BusinessCd2541800
IRS990/ProgramServiceRevenueGrp/Desc0Ticket Sales
IRS990/ProgramServiceRevenueGrp/Desc1Perfomance space rental
IRS990/ProgramServiceRevenueGrp/Desc2Advertising
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt095056
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt16500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt20
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt097587
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0400
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt0345
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt0181
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt0526
IRS990/PYOtherExpensesAmt0164687
IRS990/PYOtherRevenueAmt01254
IRS990/PYProgramServiceRevenueAmt095861
IRS990/PYRevenuesLessExpensesAmt0-18405
IRS990/PYSalariesCompEmpBnftPaidAmt048020
IRS990/PYTotalExpensesAmt0213107
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0194702
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
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IRS990/RevenueAmt0101556
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
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IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt07
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt00
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IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00010
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
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IRS990ScheduleA/Total509Grp/TotalAmt0734881
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0734918
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0328348
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0105950
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0434298
IRS990ScheduleD/EquipmentGrp/BookValueAmt031186
IRS990ScheduleD/EquipmentGrp/DepreciationAmt053399
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt084585
IRS990ScheduleD/LandGrp/BookValueAmt010000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt010000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt05722
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt03110
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt08832
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01830
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Payroll taxes

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