Civic Intelligence

Actors Theatre of Charlotte

EIN 58-1888236 • 501(c)3 • Charlotte, NC

Profile

Provide theatrical productions for the entertainment of others.

3817 Selwyn Farms LaneCharlotte, NC 28209

www.actorstheatreofcharlotte.corg

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2023

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

14th percentile

-51%

Higher net margin than 14% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

88th percentile

$20,777

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 8.7% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

13th percentile

-65%

Faster revenue growth than 13% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$0

Down $269,740 (-100%) from 2022

Liabilities

Down

$0

Down $117,776 (-100%) from 2022

Net Assets

Down

$0

Down $151,964 (-100%) from 2022

Revenue

Down

$239,776

Down $453,267 (-65%) from 2022

Expenses

Down

$363,082

Down $431,860 (-54%) from 2022

Net Income

Down

-$123,306

Down $21,407 (-21%) from 2022

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $763,034Liabilities 2011: $121,466Net Assets 2011: $641,5682011Assets 2012: $805,514Liabilities 2012: $137,277Net Assets 2012: $668,2372012Assets 2013: $790,974Liabilities 2013: $183,245Net Assets 2013: $607,7292013Assets 2014: $703,640Liabilities 2014: $150,109Net Assets 2014: $553,5312014Assets 2015: $735,025Liabilities 2015: $150,461Net Assets 2015: $584,5642015Assets 2016: $414,842Liabilities 2016: $207,234Net Assets 2016: $207,6082016Assets 2017: $302,613Liabilities 2017: $77,079Net Assets 2017: $225,5342017Assets 2018: $264,810Liabilities 2018: $163,970Net Assets 2018: $100,8402018Assets 2019: $198,714Liabilities 2019: $158,875Net Assets 2019: $39,8392019Assets 2020: $265,986Liabilities 2020: $96,179Net Assets 2020: $169,8072020Assets 2021: $349,022Liabilities 2021: $129,562Net Assets 2021: $219,4602021Assets 2022: $269,740Liabilities 2022: $117,776Net Assets 2022: $151,9642022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2023

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $668,551Expenses 2011: $665,300Net Income 2011: $3,2512011Revenue 2012: $757,676Expenses 2012: $731,007Net Income 2012: $26,6692012Revenue 2013: $685,624Expenses 2013: $746,132Net Income 2013: -$60,5082013Revenue 2014: $779,649Expenses 2014: $831,511Net Income 2014: -$51,8622014Revenue 2015: $918,742Expenses 2015: $887,712Net Income 2015: $31,0302015Revenue 2016: $974,830Expenses 2016: $1,004,858Net Income 2016: -$30,0282016Revenue 2017: $613,973Expenses 2017: $596,048Net Income 2017: $17,9252017Revenue 2018: $412,915Expenses 2018: $534,236Net Income 2018: -$121,3212018Revenue 2019: $612,122Expenses 2019: $673,123Net Income 2019: -$61,0012019Revenue 2020: $716,617Expenses 2020: $606,073Net Income 2020: $110,5442020Revenue 2021: $216,190Expenses 2021: $166,537Net Income 2021: $49,6532021Revenue 2022: $693,043Expenses 2022: $794,942Net Income 2022: -$101,8992022Revenue 2023: $239,776Expenses 2023: $363,082Net Income 2023: -$123,3062023

Highlighted filing

2023

Revenue$239,776
Expenses$363,082
Net Income-$123,306

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Aug 24, 2023
Return Version
2022v5.0
Gross Receipts
$249,735
Mission and Program Overview

Mission

Provide theatrical productions for the entertainment of others.

Provide theatrical entertainment for the enjoyment of others

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$151,964--
Cash and Non-Interest-Bearing Accounts$90,892$0▼ $90,892
Pledges and Grants Receivable$75,145$0▼ $75,145
Prepaid Expenses and Deferred Charges$59,342$0▼ $59,342
Investments in Publicly Traded Securities$34,403$0▼ $34,403
Land, Buildings, and Equipment, Net$9,958$0▼ $9,958
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$269,740$0▼ $269,740
Other Assets Total-$0-
Liabilities
Other Liabilities$85,665--
Deferred Revenue$22,917--
Accounts Payable and Accrued Expenses$9,194--
Total Liabilities$117,776$0▼ $117,776
Net Assets / Fund Balance
Total Net Assets Fund Balance$151,964$0▼ $151,964
Total Liabilities and Net Assets / Fund Balance$269,740$0▼ $269,740
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Laura RiceExecutive DirectorFT$20,777$20,777
Chip DeckerExecutive DirectorFT$822$822

Board Members and Trustees

NameTitle
Shannon ReichleyChairman
Janine D'AndreaVice Chair
Allison InfingerDirector
David CraneDirector
Heather BardDirector
Jess DiennaDirector
Lavina ChavesDirector
Matt BrownDirector
Matt JosephDirector
Rachel RoeDirector
Anna CoonSecretary
Melissa FrankTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$90,780
Program Service Revenue
$133,102
Investment Income
$15,894
Other Revenue
$0
All Other Contributions
$58,617
Change in Net Assets
$-123,306
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$251,848
Salaries, Compensation, and Employee Benefits$111,234
Total Fundraising Expense$14,953
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$64,078$6,176$6,949$77,203
Royalties$58,827--$58,827
Information Technology$22,568$2,175$2,447$27,190
Current Officers, Directors, Trustees, and Key Employees$7,530$13,620$449$21,599
Occupancy$10,175$981$1,103$12,259
Advertising$7,658$738$831$9,227
Other Employee Benefits$6,270$604$680$7,554
Fees for Services Accounting$5,491$529$596$6,616
Payroll Taxes$4,049$390$439$4,878
Insurance$2,712$261$294$3,267
Office Expenses$2,676$258$290$3,224
Fees for Services Legal$1,281$123$139$1,543
Fees for Services Management$498$48$54$600
Other Expenses$2,350$488$134$134
Total Functional Expenses$321,738$26,391$14,953$363,082
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
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, Part VI, Section B, Line 11B

The 990 is submitted to the Treasurer and Finance Committee for approval and then is shared with the full board.

Form 990, Part VI, Section B, Line 15A

Compensation is determined during the yearly budgeting process. The budget is drafted by the Finance Committee, overseen by the Treasurer and approved by the full Board.

Form 990, Part VI, Section C, Line 19

Available upon request

Filing and Contact Details

Filer

Filer Name
Actors Theatre of Charlotte
EIN
58-1888236
Phone
7044914589
Address
3817 Selwyn Farms Lane, Charlotte, NC 28209

Signing Officer

Name
Shannon Reichley
Title
Chairman
Signed
2023-08-24
Discuss with paid preparer
Yes

Organization Details

Formed
1989
Legal Domicile
Nc
Voting Board Members
12
Independent Board Members
12
Employees
58
Volunteers
25

Preparer

Firm
Foard and Company PA
Address
817 E Morehead St Ste 100, Charlotte, NC 28202
Preparer
Robert Dobbins
Phone
7043721515
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Accord and Satisfaction of Debt = $18871

Form 990, Part XI, Line 9

Accord and Satisfaction of Debt = $20406

Form 990, Part XI, Line 9

Write off pledges receivable = -$67935

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IRS990/InvestmentsPubTradedSecGrp/BOYAmt034403
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt09958
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt09959
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Provide theatrical entertainment for the enjoyment of others
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0151964
IRS990/NetAssetsOrFundBalancesEOYAmt00
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt015893
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt015893
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt01103
IRS990/OccupancyGrp/ManagementAndGeneralAmt0981
IRS990/OccupancyGrp/ProgramServicesAmt010175
IRS990/OccupancyGrp/TotalAmt012259
IRS990/OfficeExpensesGrp/FundraisingAmt0290
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0258
IRS990/OfficeExpensesGrp/ProgramServicesAmt02676
IRS990/OfficeExpensesGrp/TotalAmt03224
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt0-28658
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0680
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0604
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt06270
IRS990/OtherEmployeeBenefitsGrp/TotalAmt07554
IRS990/OtherExpensesGrp/Desc0Production/Technical
IRS990/OtherExpensesGrp/Desc1Bank and credit card fees
IRS990/OtherExpensesGrp/Desc2Concessions
IRS990/OtherExpensesGrp/Desc3Fundraising Expense
IRS990/OtherExpensesGrp/FundraisingAmt0548
IRS990/OtherExpensesGrp/FundraisingAmt1134
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0488
IRS990/OtherExpensesGrp/ProgramServicesAmt0120515
IRS990/OtherExpensesGrp/ProgramServicesAmt15060
IRS990/OtherExpensesGrp/ProgramServicesAmt22350
IRS990/OtherExpensesGrp/TotalAmt0120515
IRS990/OtherExpensesGrp/TotalAmt16096
IRS990/OtherExpensesGrp/TotalAmt22350
IRS990/OtherExpensesGrp/TotalAmt3134
IRS990/OtherLiabilitiesGrp/BOYAmt085665
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt06949
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt06176
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt064078
IRS990/OtherSalariesAndWagesGrp/TotalAmt077203
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0439
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0390
IRS990/PayrollTaxesGrp/ProgramServicesAmt04049
IRS990/PayrollTaxesGrp/TotalAmt04878
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt075145
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt059342
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0711110
IRS990/ProgramServiceRevenueGrp/BusinessCd1711110
IRS990/ProgramServiceRevenueGrp/Desc0Concessions
IRS990/ProgramServiceRevenueGrp/Desc1Ticket Sales
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04512
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1128590
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04512
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1128590
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0477845
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt04
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0459784
IRS990/PYOtherRevenueAmt05733
IRS990/PYProgramServiceRevenueAmt0209461
IRS990/PYRevenuesLessExpensesAmt0-101899
IRS990/PYSalariesCompEmpBnftPaidAmt0335158
IRS990/PYTotalExpensesAmt0794942
IRS990/PYTotalRevenueAmt0693043
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-123306
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0133102
IRS990/RoyaltiesGrp/ProgramServicesAmt058827
IRS990/RoyaltiesGrp/TotalAmt058827
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt090780
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0477845
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0206974
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0443083
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0273892
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01492574
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt015894
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt04
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt015898
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0133102
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0209461
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt08922
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0258086
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0319784
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0929355
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt015894
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt04
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt015898
IRS990ScheduleA/InvestmentIncomeCYPct00.00650
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00

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