Civic Intelligence

Old Courthouse Theatre Inc

EIN 58-1340004 • 501(c)3 • Concord, NC

Profile

To provide and increase exceptional opportunities to engage, entertain, and educate the public on the value of theatre arts.

PO Box 1187Concord, NC 28026

www.octconcord.com

Siviq Scores

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

Liabilities / Assets

81st percentile

0.16x

Higher debt load relative to assets than 81% of similar nonprofits.

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

Liabilities / Revenue

87th percentile

0.24x

Higher debt load relative to revenue than 87% of similar nonprofits.

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

Net Margin

91st percentile

56%

Higher net margin than 91% of similar nonprofits.

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

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

91st percentile

80%

Faster asset growth than 91% of similar nonprofits.

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

Revenue Growth

91st percentile

96%

Faster revenue growth than 91% of similar nonprofits.

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

Assets

Up

$580,565

Up $108,131 (+23%) from 2024

Liabilities

Down

$74,702

Down $2,331 (-3.0%) from 2024

Net Assets

Up

$505,863

Up $110,462 (+28%) from 2024

Revenue

Down

$296,703

Down $24,757 (-7.7%) from 2024

Expenses

Up

$182,227

Up $41,354 (+29%) from 2024

Net Income

Down

$114,476

Down $66,111 (-37%) from 2024

Trend Graphs

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $214,471Liabilities 2011: $83,438Net Assets 2011: $131,0332011Assets 2012: $213,334Liabilities 2012: $81,597Net Assets 2012: $131,7372012Assets 2013: $203,491Liabilities 2013: $79,328Net Assets 2013: $124,1632013Assets 2014: $180,772Liabilities 2014: $76,276Net Assets 2014: $104,4962014Assets 2015: $142,347Liabilities 2015: $74,203Net Assets 2015: $68,1442015Assets 2016: $364,194Liabilities 2016: $74,949Net Assets 2016: $289,2452016Assets 2017: $427,679Liabilities 2017: $71,242Net Assets 2017: $356,4372017Assets 2018: $757,556Liabilities 2018: $439,193Net Assets 2018: $318,3632018Assets 2019: $331,100Liabilities 2019: $110,575Net Assets 2019: $220,5252019Assets 2020: $311,601Liabilities 2020: $114,163Net Assets 2020: $197,4382020Assets 2021: $277,941Liabilities 2021: $93,7002021Assets 2022: $266,418Liabilities 2022: $95,998Net Assets 2022: $170,4202022Assets 2023: $262,136Liabilities 2023: $47,322Net Assets 2023: $214,8142023Assets 2024: $472,434Liabilities 2024: $77,033Net Assets 2024: $395,4012024Assets 2025: $580,565Liabilities 2025: $74,702Net Assets 2025: $505,8632025

Highlighted filing

2025

Assets$580,565
Liabilities$74,702
Net Assets$505,863

Operations Trend

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

$400K$200K$0-$200KRevenue 2011: $179,136Expenses 2011: $145,577Net Income 2011: $33,5592011Revenue 2012: $151,539Expenses 2012: $150,835Net Income 2012: $7042012Revenue 2013: $152,576Expenses 2013: $160,150Net Income 2013: -$7,5742013Revenue 2014: $146,928Expenses 2014: $166,595Net Income 2014: -$19,6672014Revenue 2015: $156,818Expenses 2015: $193,171Net Income 2015: -$36,3532015Revenue 2016: $277,263Expenses 2016: $136,731Net Income 2016: $140,5322016Revenue 2017: $235,022Expenses 2017: $167,831Net Income 2017: $67,1912017Revenue 2018: $130,299Expenses 2018: $150,749Net Income 2018: -$20,4502018Revenue 2019: $63,269Expenses 2019: $161,107Net Income 2019: -$97,8382019Revenue 2020: $74,713Expenses 2020: $97,800Net Income 2020: -$23,0872020Revenue 2021: $104,395Expenses 2021: $117,592Net Income 2021: -$13,1972021Revenue 2022: $114,656Expenses 2022: $128,478Net Income 2022: -$13,8222022Revenue 2023: $164,340Expenses 2023: $119,946Net Income 2023: $44,3942023Revenue 2024: $321,460Expenses 2024: $140,873Net Income 2024: $180,5872024Revenue 2025: $296,703Expenses 2025: $182,227Net Income 2025: $114,4762025

Highlighted filing

2025

Revenue$296,703
Expenses$182,227
Net Income$114,476

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.81$0.75$5.06$2.97$1.82$1.14
2024Detailed filing. Detailed filing data is available for this year.$4.72$0.77$3.95$3.21$1.41$1.81
2023Detailed filing. Detailed filing data is available for this year.$2.62$0.47$2.15$1.64$1.20$0.44
2022Detailed filing. Detailed filing data is available for this year.$2.66$0.96$1.70$1.15$1.28$0.14
2021Summary only. Only limited summary data is available for this year.$2.78$0.94$1.04$1.18$0.13
2020Detailed filing. Detailed filing data is available for this year.$3.12$1.14$1.97$0.75$0.98$0.23
2019Detailed filing. Detailed filing data is available for this year.$3.31$1.11$2.21$0.63$1.61$0.98
2018Detailed filing. Detailed filing data is available for this year.$7.58$4.39$3.18$1.30$1.51$0.20
2017Detailed filing. Detailed filing data is available for this year.$4.28$0.71$3.56$2.35$1.68$0.67
2016Detailed filing. Detailed filing data is available for this year.$3.64$0.75$2.89$2.77$1.37$1.41
2015Detailed filing. Detailed filing data is available for this year.$1.42$0.74$0.68$1.57$1.93$0.36
2014Summary only. Only limited summary data is available for this year.$1.81$0.76$1.04$1.47$1.67$0.20
2013Summary only. Only limited summary data is available for this year.$2.03$0.79$1.24$1.53$1.60$0.08
2012Summary only. Only limited summary data is available for this year.$2.13$0.82$1.32$1.52$1.51$0.01
2011Summary only. Only limited summary data is available for this year.$2.14$0.83$1.31$1.79$1.46$0.34
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Mar 11, 2026
Return Version
2024v5.0
Gross Receipts
$310,087
Mission and Program Overview

Mission

COMMUNITY THEATER

To provide and increase exceptional opportunities to engage, entertain, and educate the public on the value of theatre arts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$246,763$409,632▲ $162,869
Cash and Non-Interest-Bearing Accounts$194,545$139,001▼ $55,544
Intangible Assets$1,126$1,056▼ $70
Accounts Receivable-$876-
Loans From Officers Directors$0$0→ $0
Total Assets$472,434$580,565▲ $108,131
Other Assets Total$30,000$30,000→ $0
Liabilities
Other Liabilities$77,033--
Mortgage Notes Payable Secured by Investment Property-$69,708-
Accounts Payable and Accrued Expenses$0$4,994▲ $4,994
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$77,033$74,702▼ $2,331
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$245,401$495,486▲ $250,085
Net Assets With Donor Restrictions$150,000$10,377▼ $139,623
Total Net Assets Fund Balance$395,401$505,863▲ $110,462
Total Liabilities and Net Assets / Fund Balance$472,434$580,565▲ $108,131

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$377,538$405,526$783,064
Leasehold Improvements$32,094$28,716$60,810
Other Land Buildings$0$0$0
Land$0-$0
Equipment$0$0$0
Other Assets Org$30,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
John HarrisPresident
Cheryl OpelVice President
Andy RasslerBoard Memeber
Denise MckercherBoard Memeber
John FarrellBoard Memeber
Jon KadelaBoard Memeber
Kiesha GarridoBoard Memeber
Lauren NewellBoard Memeber
Matthew MonteBoard Memeber
Victoria PowellBoard Memeber
Kara BarnetteSecretary
Jennifer RiordanTreasuer
Revenue and Support

Revenue Composition

Contributions and Grants
$139,697
Program Service Revenue
$140,275
Investment Income
$923
Other Revenue
$15,808
All Other Contributions
$126,625
Change in Net Assets
$114,476
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$182,227
Total Fundraising Expense$125
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$100$39,937-$40,037
Fees for Services Other$28,957$3,900-$32,857
Office Expenses$13,313$6,211$15$19,539
Insurance-$19,426-$19,426
Other Expenses$15,339$0$110$15,449
Royalties$14,281--$14,281
Depreciation Depletion-$12,054-$12,054
Information Technology-$7,040-$7,040
Interest-$5,353-$5,353
Fees for Services Accounting-$1,845-$1,845
Advertising-$1,225-$1,225
Travel$22--$22
Total Functional Expenses$72,012$110,090$125$182,227
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$920
Fundraising Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Will be reviewed, signed, and approved by john harris, president and officer of the organization, prior to filing.

Form 990, Part VI, Section C, Line 19

Board members are provided each at beginning of fiscal year. Documents are available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
Old Courthouse Theatre Inc
EIN
58-1340004
Phone
7047882405
Address
PO BOX 1187, CONCORD, NC 28026

Signing Officer

Name
John Harris
Title
President
Phone
7047882405
Signed
2026-03-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Harris
Formed
1976
Legal Domicile
Nc
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
125

Preparer

Firm
Easy Office Dba Jitasa
Address
1120 S RACKHAM WAY SUITE 300, MERIDIAN, ID 83642
Preparer
Jeremy Cork
Phone
2082874777
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Related to theatre productions, including general contractor services, stage and production expenses, artist and choreographer fees, and preview script costs necessary for the development and presentation of performances.

Form 990, Part XI, Line 9

Reconciliation disrapencies & prior period adjustments

Raw XML AppendixShowing 400 of 524 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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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt0409632
IRS990/LandBldgEquipCostOrOtherBssAmt0843874
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IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
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IRS990/MissionDesc0TO PROVIDE AND INCREASE EXCEPTIONAL OPPORTUNITIES TO ENGAGE, ENTERTAIN, AND EDUCATE THE PUBLIC ON THE VALUE OF THEATRE ARTS.
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IRS990/MoreThan5000KToOrgInd00
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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0495486
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IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
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IRS990/OccupancyGrp/ProgramServicesAmt0100
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IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt030000
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IRS990/OtherChangesInNetAssetsAmt0569
IRS990/OtherExpensesGrp/Desc0BANK CHARGES & PROCESSING FEES
IRS990/OtherExpensesGrp/Desc1DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2PROGRAM SUPPLIES
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IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt2110
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
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IRS990/OtherExpensesGrp/TotalAmt215449
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IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JOHN HARRIS
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IRS990/ProgramServiceRevenueGrp/BusinessCd0711110
IRS990/ProgramServiceRevenueGrp/Desc0OLD COURTHOUSE THEATRE SEASON 49
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IRS990/RelatedEntityInd00
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IRS990/RentalIncomeOrLossGrp/RealAmt00
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IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0377538
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0405526
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00

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