Civic Intelligence

State Theater Foundation Inc

EIN 47-3907652 • 501(c)3 • Central City, NE

Profile

Our mission is to enrich, entertain, and educate our community by providing exceptional cinematic arts in a unique, intimate setting, while preserving the last historic movie theater in central city.

PO Box 15Central City, NE 68826

n/A

Siviq Scores

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

Liabilities / Assets

80th percentile

0.12x

Higher debt load relative to assets than 80% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

93rd percentile

0.64x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

19th percentile

-30%

Higher net margin than 19% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

45th percentile

-5.5%

Faster asset growth than 45% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

59th percentile

5.5%

Faster revenue growth than 59% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$308,874

Down $17,824 (-5.5%) from 2023

Liabilities

Down

$37,679

Down $121 (-0.3%) from 2023

Net Assets

Down

$271,195

Down $17,703 (-6.1%) from 2023

Revenue

Up

$59,204

Up $3,082 (+5.5%) from 2023

Expenses

Down

$76,907

Down $5,697 (-6.9%) from 2023

Net Income

Up

-$17,703

Up $8,779 (+33%) from 2023

Trend Graphs

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2015: $133,630Liabilities 2015: $0Net Assets 2015: $133,6302015Assets 2016: $201,062Liabilities 2016: $0Net Assets 2016: $201,0622016Assets 2017: $260,837Liabilities 2017: $0Net Assets 2017: $260,8372017Assets 2018: $284,496Liabilities 2018: $0Net Assets 2018: $284,4962018Assets 2019: $284,971Liabilities 2019: $0Net Assets 2019: $284,9712019Assets 2020: $358,098Liabilities 2020: $37,800Net Assets 2020: $320,2982020Assets 2021: $363,192Liabilities 2021: $37,800Net Assets 2021: $325,3922021Assets 2022: $353,180Liabilities 2022: $37,800Net Assets 2022: $315,3802022Assets 2023: $326,698Liabilities 2023: $37,800Net Assets 2023: $288,8982023Assets 2024: $308,874Liabilities 2024: $37,679Net Assets 2024: $271,1952024

Highlighted filing

2024

Assets$308,874
Liabilities$37,679
Net Assets$271,195

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2015: $138,562Expenses 2015: $4,932Net Income 2015: $133,6302015Revenue 2016: $119,608Expenses 2016: $52,176Net Income 2016: $67,4322016Revenue 2017: $129,914Expenses 2017: $70,139Net Income 2017: $59,7752017Revenue 2018: $94,758Expenses 2018: $71,099Net Income 2018: $23,6592018Revenue 2019: $77,164Expenses 2019: $76,689Net Income 2019: $4752019Revenue 2020: $91,538Expenses 2020: $56,211Net Income 2020: $35,3272020Revenue 2021: $77,548Expenses 2021: $72,454Net Income 2021: $5,0942021Revenue 2022: $74,646Expenses 2022: $84,658Net Income 2022: -$10,0122022Revenue 2023: $56,122Expenses 2023: $82,604Net Income 2023: -$26,4822023Revenue 2024: $59,204Expenses 2024: $76,907Net Income 2024: -$17,7032024

Highlighted filing

2024

Revenue$59,204
Expenses$76,907
Net Income-$17,703

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 12, 2025
Return Version
2024v5.1
Gross Receipts
$77,172
Mission and Program Overview

Mission

Our mission is to enrich, entertain, and educate our community by providing exceptional cinematic arts in a unique, intimate setting, while preserving the last historic movie theater in central city.

Program Services

DescriptionGrantsExpenses
TO PROVIDE A VENUE FOR VARIOUS TYPES OF MOVIES, COMMUNITY ACTIVITIES, AND HOMETOWN EVENTS. IN 2024, 34 MOVIES WERE SCREENED AND 4,472 PEOPLE ATTENDED. THE THEATER ALSO HOSTED 9 EVENTS (TOTAL PUBLIC AND PRIVATE) INCLUDING MOVIES, BIRTHDAY PARTIES, SPONSORED MOVIES AND DOCUMENTARIES.$0$67,753
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JONATHAN BLODGETTPresidentPT$0--
TARA BURKEVice PresidentPT$0--
KASSANDRA BLODGETTTreasurerPT$0--
HELEN FOULKSecretaryPT$0--
KELLY BANDTBoard MemberPT$0--
JOSH HOODBoard MemberPT$0--
Filing and Contact Details

Filer

Filer Name
State Theater Foundation Inc
EIN
47-3907652
Phone
3089467998
Address
PO BOX 15, CENTRAL CITY, NE 68826

Signing Officer

Name
Kassandra Blodgett
Title
Treasurer
Phone
3089467998
Signed
2025-05-12
Discuss with paid preparer
Yes

Preparer

Firm
Lutz and Company Pc
Address
3320 JAMES ROAD SUITE 100, GRAND ISLAND, NE 68803
Preparer
Daniel Sweeney Jd Llm
Phone
3083827850
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 7 - Sales of Inventory

Income: gross receipts: 31,864. Returns and allowances: 0. Less cost of goods sold: 11,660. Gross profit: 20,204. Cost of goods sold: inventory at beginning of year: 3,378. Merchandise purchased: 12,218. Cost of labor: 0. Materials and supplies: 0. Other costs: 0. Inventory at end of year: 3,936. Cost of goods sold: 11,660. Total to form 990-ez, line 14: 29,446.

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 18,886. Description: other expenses. Amount: 10,560.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: film rental & guarantees. Amount: 12,663. Description: advertising. Amount: 6,316. Description: booking/grant services. Amount: 2,915. Description: insurance. Amount: 6,043. Description: taxes & licenses. Amount: 3,439. Description: supplies. Amount: 3,413. Description: miscellaneous. Amount: 6,315. Description: interest expense. Amount: 1,823. Total to form 990-ez, line 16: 42,927.

Form 990-ez, Part II, Line 24 - Other Assets

Description: inventory. Beg. Of year amount: 3,378. End of year amount: 3,936. Description: other depreciable assets. Beg. Of year amount: 59,345. End of year amount: 47,694.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: sba economic injury disaster loan. Beg. Of year amount: 37,800. End of year amount: 37,679.

Raw XML Appendix202 raw XML fields

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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IRS990EZ/PrimaryExemptPurposeTxt0OUR MISSION IS TO ENRICH, ENTERTAIN, AND EDUCATE OUR COMMUNITY BY PROVIDING EXCEPTIONAL CINEMATIC ARTS IN A UNIQUE, INTIMATE SETTING, WHILE PRESERVING THE LAST HISTORIC MOVIE THEATER IN CENTRAL CITY.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INCOME: GROSS RECEIPTS: 31,864. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 11,660. GROSS PROFIT: 20,204. COST OF GOODS SOLD: INVENTORY AT BEGINNING OF YEAR: 3,378. MERCHANDISE PURCHASED: 12,218. COST OF LABOR: 0. MATERIALS AND SUPPLIES: 0. OTHER COSTS: 0. INVENTORY AT END OF YEAR: 3,936. COST OF GOODS SOLD: 11,660. TOTAL TO FORM 990-EZ, LINE 14: 29,446.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DEPRECIATION. AMOUNT: 18,886. DESCRIPTION: OTHER EXPENSES. AMOUNT: 10,560.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: FILM RENTAL & GUARANTEES. AMOUNT: 12,663. DESCRIPTION: ADVERTISING. AMOUNT: 6,316. DESCRIPTION: BOOKING/GRANT SERVICES. AMOUNT: 2,915. DESCRIPTION: INSURANCE. AMOUNT: 6,043. DESCRIPTION: TAXES & LICENSES. AMOUNT: 3,439. DESCRIPTION: SUPPLIES. AMOUNT: 3,413. DESCRIPTION: MISCELLANEOUS. AMOUNT: 6,315. DESCRIPTION: INTEREST EXPENSE. AMOUNT: 1,823. TOTAL TO FORM 990-EZ, LINE 16: 42,927.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: INVENTORY. BEG. OF YEAR AMOUNT: 3,378. END OF YEAR AMOUNT: 3,936. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 59,345. END OF YEAR AMOUNT: 47,694.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: SBA ECONOMIC INJURY DISASTER LOAN. BEG. OF YEAR AMOUNT: 37,800. END OF YEAR AMOUNT: 37,679.
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/ReturnTs02025-05-12T16:02:17-05:00
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ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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