Civic Intelligence

The Warehouse Theatre

EIN 57-0609773 • 501(c)3 • Greenville, SC

Profile

To be upstate south carolina's premier, professional theater where community engagement and education complement thought-provoking theater experiences.

37 Augusta StreetGreenville, SC 29601

www.warehousetheatre.com

Siviq Scores

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

Liabilities / Assets

58th percentile

0.12x

Higher debt load relative to assets than 58% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

75th percentile

0.33x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

30th percentile

-4.2%

Higher net margin than 30% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

56th percentile

$73,758

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 7.6% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

41st percentile

0.7%

Faster asset growth than 41% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

23rd percentile

-10%

Faster revenue growth than 23% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$2,766,717

Up $18,669 (+0.7%) from 2024

Liabilities

Up

$319,624

Up $11,450 (+3.7%) from 2024

Net Assets

Up

$2,447,093

Up $7,219 (+0.3%) from 2024

Revenue

Down

$973,589

Down $109,605 (-10%) from 2024

Expenses

Down

$1,014,758

Down $14,200 (-1.4%) from 2024

Net Income

Down

-$41,169

Down $95,405 (-176%) from 2024

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,425,830Liabilities 2011: $510,675Net Assets 2011: $915,1552011Assets 2012: $1,457,951Liabilities 2012: $506,412Net Assets 2012: $951,5392012Assets 2013: $1,477,417Liabilities 2013: $477,379Net Assets 2013: $1,000,0382013Assets 2014: $1,954,515Liabilities 2014: $449,281Net Assets 2014: $1,505,2342014Assets 2016: $2,259,133Liabilities 2016: $450,397Net Assets 2016: $1,808,7362016Assets 2017: $2,042,055Liabilities 2017: $392,986Net Assets 2017: $1,649,0692017Assets 2018: $2,461,595Liabilities 2018: $521,179Net Assets 2018: $1,940,4162018Assets 2019: $2,488,741Liabilities 2019: $444,290Net Assets 2019: $2,044,4512019Assets 2020: $2,616,308Liabilities 2020: $488,556Net Assets 2020: $2,127,7522020Assets 2021: $2,887,424Liabilities 2021: $339,660Net Assets 2021: $2,547,7642021Assets 2022: $2,741,784Liabilities 2022: $359,123Net Assets 2022: $2,382,6612022Assets 2023: $2,612,508Liabilities 2023: $316,095Net Assets 2023: $2,296,4132023Assets 2024: $2,748,048Liabilities 2024: $308,174Net Assets 2024: $2,439,8742024Assets 2025: $2,766,717Liabilities 2025: $319,624Net Assets 2025: $2,447,0932025

Highlighted filing

2025

Assets$2,766,717
Liabilities$319,624
Net Assets$2,447,093

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $484,253Expenses 2011: $512,210Net Income 2011: -$27,9572011Expenses 2012: $549,8632012Expenses 2013: $632,1532013Revenue 2014: $1,246,886Expenses 2014: $741,690Net Income 2014: $505,1962014Revenue 2016: $934,415Expenses 2016: $1,057,007Net Income 2016: -$122,5922016Revenue 2017: $863,133Expenses 2017: $1,022,800Net Income 2017: -$159,6672017Revenue 2018: $1,156,135Expenses 2018: $864,788Net Income 2018: $291,3472018Revenue 2019: $1,085,952Expenses 2019: $981,917Net Income 2019: $104,0352019Revenue 2020: $954,676Expenses 2020: $871,375Net Income 2020: $83,3012020Revenue 2021: $957,891Expenses 2021: $537,879Net Income 2021: $420,0122021Revenue 2022: $755,623Expenses 2022: $920,726Net Income 2022: -$165,1032022Revenue 2023: $873,353Expenses 2023: $997,770Net Income 2023: -$124,4172023Revenue 2024: $1,083,194Expenses 2024: $1,028,958Net Income 2024: $54,2362024Revenue 2025: $973,589Expenses 2025: $1,014,758Net Income 2025: -$41,1692025

Highlighted filing

2025

Revenue$973,589
Expenses$1,014,758
Net Income-$41,169

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.77$0.32$2.45$0.97$1.01$0.04
2024Detailed filing. Detailed filing data is available for this year.$2.75$0.31$2.44$1.08$1.03$0.05
2023Detailed filing. Detailed filing data is available for this year.$2.61$0.32$2.30$0.87$1.00$0.12
2022Detailed filing. Detailed filing data is available for this year.$2.74$0.36$2.38$0.76$0.92$0.17
2021Detailed filing. Detailed filing data is available for this year.$2.89$0.34$2.55$0.96$0.54$0.42
2020Detailed filing. Detailed filing data is available for this year.$2.62$0.49$2.13$0.95$0.87$0.08
2019Detailed filing. Detailed filing data is available for this year.$2.49$0.44$2.04$1.09$0.98$0.10
2018Detailed filing. Detailed filing data is available for this year.$2.46$0.52$1.94$1.16$0.86$0.29
2017Detailed filing. Detailed filing data is available for this year.$2.04$0.39$1.65$0.86$1.02$0.16
2016Detailed filing. Detailed filing data is available for this year.$2.26$0.45$1.81$0.93$1.06$0.12
2014Detailed filing. Detailed filing data is available for this year.$1.95$0.45$1.51$1.25$0.74$0.51
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.48$0.48$1.00$0.63
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.46$0.51$0.95$0.55
2011Summary only. Only limited summary data is available for this year.$1.43$0.51$0.92$0.48$0.51$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Sep 8, 2025
Return Version
2024v5.0
Gross Receipts
$973,589
Mission and Program Overview

Mission

The warehouse theatre is a professional theatre organization dedicated to to the concept of theatre as a serious art form; to high quality, diverse and challenging productions; to the training of theatre professionals; to community outreach; and to student education.

To be upstate south carolina's premier, professional theater where community engagement and education complement thought-provoking theater experiences.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,270,981$1,220,204▼ $50,777
Cash and Non-Interest-Bearing Accounts$527,990$546,385▲ $18,395
Prepaid Expenses and Deferred Charges$15,654$16,465▲ $811
Accounts Receivable-$10,000-
Total Assets$2,748,048$2,766,717▲ $18,669
Other Assets Total$933,423$973,663▲ $40,240
Liabilities
Deferred Revenue$138,210$175,518▲ $37,308
Mortgage Notes Payable Secured by Investment Property$167,499$143,330▼ $24,169
Accounts Payable and Accrued Expenses$2,465$776▼ $1,689
Total Liabilities$308,174$319,624▲ $11,450
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,512,773$1,479,752▼ $33,021
Net Assets With Donor Restrictions$927,101$967,341▲ $40,240
Total Net Assets Fund Balance$2,439,874$2,447,093▲ $7,219
Total Liabilities and Net Assets / Fund Balance$2,748,048$2,766,717▲ $18,669

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,084,636$1,211,607$2,296,243
Equipment$35,568$191,279$226,847
Land$100,000-$100,000
Other Assets Org$6,322--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$927,101-▲ $86,934$35,573$967,341
2023$852,184-▲ $120,377$35,039$927,101
2022$830,556-▲ $67,010$35,072$852,184
2021$1,014,192-▼ $136,204$35,075$830,556
2020$818,398-▲ $241,327$33,305$1,014,192
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Mike SabloneArtistic DirectorFT$73,758$73,758
Jason D JohnsonManaging DirectorFT$61,265$61,265

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$587,615
Program Service Revenue
$336,757
Investment Income
$49,217
Other Revenue
$0
All Other Contributions
$587,615
Change in Net Assets
$-41,169

Audited Revenue Reconciliation

Revenue per Audited Statements
$973,589
Total Revenue per Audited Statements
$973,589
Total Revenue per Form 990
$973,589
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$590,599
Salaries, Compensation, and Employee Benefits$424,159
Total Fundraising Expense$126,248
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$159,024$101,198$28,914$289,136
Current Officers, Directors, Trustees, and Key Employees$74,263$47,258$13,502$135,023
Depreciation Depletion$57,907$22,519-$80,426
Office Expenses$27,512$27,512$2,292$57,316
Advertising--$41,394$41,394
All Other Expenses$41,070--$41,070
Other Expenses$52,785$32,454$37,441$37,441
Interest$2,893$3,134-$6,027
Total Functional Expenses$654,435$234,075$126,248$1,014,758

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,014,758
Total Expenses per Audited Statements$1,014,758
Total Expenses per Form 990$1,014,758
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
No
Audit committee
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
Yes
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

Governance Explanations

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

Review and approval is performed by the finance committee of the board of directors. A copy of the final 990 is distributed to all board members.

Form 990, Page 6, Part VI, Line 15A

The executive committee of the board of directors reviews and sets the annual compensation of the managing director and the producing artistic director.

Form 990, Page 6, Part VI, Line 19

Documents available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Warehouse Theatre
EIN
57-0609773
Phone
8642356948
Address
37 AUGUSTA STREET, GREENVILLE, SC 29601

Signing Officer

Name
Linda Archer
Title
Treasurer
Phone
8642356948
Signed
2025-09-08

Organization Details

Principal Officer
Linda Archer
Formed
1974
Legal Domicile
Sc
Voting Board Members
32
Independent Board Members
32
Employees
17

Preparer

Firm
Highsmith & Highsmith LLC
Address
329 S MAIN ST, TRAVELERS REST, SC 29690
Preparer
J Todd Highsmith
Phone
8648343868
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The harriet wyche endowment is to provide the financial support, in perpetuity, to the warehouse theatre in its ongoing mission to provide greenville, the upstate, and south carolina the highest quality professionally produced art possible.

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