Civic Intelligence

Shoestring Theatre Inc.

990EZ • Fiscal year 2021 • EIN 59-6004241

Jun 01, 2020 to May 31, 2021 • Filed on Sep 19, 2021

380 S Goodwin StLake Helen, FL 32744-2803

(386) 228-3777

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

72nd percentile

0.04x

Higher debt load relative to assets than 72% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

86th percentile

0.27x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

60th percentile

16%

Higher net margin than 60% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

48th percentile

4.1%

Faster asset growth than 48% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

16th percentile

-52%

Faster revenue growth than 16% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$212,861

Up $8,422 (+4.1%) from 2020

Net Assets

Up

$203,847

Up $5,309 (+2.7%) from 2020

Liabilities

Up

$9,014

Up $3,113 (+53%) from 2020

Revenue

Down

$33,493

Down $36,259 (-52%) from 2020

Expenses

Down

$28,184

Down $48,991 (-63%) from 2020

Net Income

Up

$5,309

Up $12,732 (+172%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2011: $169,440Liabilities 2011: $8,467Net Assets 2011: $160,9732011Assets 2012: $164,114Liabilities 2012: $7,088Net Assets 2012: $157,0262012Assets 2013: $170,399Liabilities 2013: $5,742Net Assets 2013: $164,6572013Assets 2014: $197,497Liabilities 2014: $1,842Net Assets 2014: $195,6552014Assets 2015: $207,721Liabilities 2015: $201Net Assets 2015: $207,5202015Assets 2016: $207,455Liabilities 2016: $1,399Net Assets 2016: $206,0562016Assets 2017: $213,404Liabilities 2017: $7,862Net Assets 2017: $205,5422017Assets 2018: $199,237Liabilities 2018: $7,231Net Assets 2018: $192,0062018Assets 2019: $210,141Liabilities 2019: $4,1862019Assets 2020: $204,439Liabilities 2020: $5,901Net Assets 2020: $198,5382020Assets 2021: $212,861Liabilities 2021: $9,014Net Assets 2021: $203,8472021Assets 2022: $204,174Liabilities 2022: $2,719Net Assets 2022: $201,4552022Assets 2023: $205,730Liabilities 2023: $1,802Net Assets 2023: $203,9282023Assets 2024: $202,347Liabilities 2024: $2,818Net Assets 2024: $199,5292024Assets 2025: $193,081Liabilities 2025: $4,492Net Assets 2025: $188,5892025

Highlighted filing

2021

Assets$212,861
Liabilities$9,014
Net Assets$203,847

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KRevenue 2011: $86,232Expenses 2011: $68,050Net Income 2011: $18,1822011Revenue 2012: $99,920Expenses 2012: $103,867Net Income 2012: -$3,9472012Revenue 2013: $82,832Expenses 2013: $75,201Net Income 2013: $7,6312013Revenue 2014: $97,276Expenses 2014: $66,278Net Income 2014: $30,9982014Revenue 2015: $66,699Expenses 2015: $54,834Net Income 2015: $11,8652015Revenue 2016: $59,923Expenses 2016: $61,387Net Income 2016: -$1,4642016Revenue 2017: $58,916Expenses 2017: $59,430Net Income 2017: -$5142017Revenue 2018: $72,006Expenses 2018: $85,541Net Income 2018: -$13,5352018Revenue 2019: $81,663Expenses 2019: $67,714Net Income 2019: $13,9492019Revenue 2020: $69,752Expenses 2020: $77,175Net Income 2020: -$7,4232020Revenue 2021: $33,493Expenses 2021: $28,184Net Income 2021: $5,3092021Revenue 2022: $76,387Expenses 2022: $78,781Net Income 2022: -$2,3942022Revenue 2023: $93,602Expenses 2023: $91,128Net Income 2023: $2,4742023Revenue 2024: $104,720Expenses 2024: $109,119Net Income 2024: -$4,3992024Revenue 2025: $81,985Expenses 2025: $92,926Net Income 2025: -$10,9412025

Highlighted filing

2021

Revenue$33,493
Expenses$28,184
Net Income$5,309
Jump To
Filing Snapshot
Filing Period
Jun 1, 2020 to May 31, 2021
Signed
Sep 19, 2021
Return Version
2020v4.0
Gross Receipts
$33,493
Mission and Program Overview

Mission

Amateur community theater at the shoestring theatre our mission is to uphold the legacy and rich cultural history of the shoestring theatre by providing theatrical productions of the highest quality, education in the performing arts for all ages and a creative variety in musical entertainment, while building lasting relationships with our community.

Program Services

DescriptionGrantsExpenses
REGULAR THEATRE SEASON INCLUDES 5 PLAYS AND 1 YOUTH THEATRE PRODUCTION. SUMMER INCLUDES 2 YOUTH THEATRE CAMPS,1 YOUTH MUSICAL REVIEW, AND SEASON KICK-OFF EVENT. SHOE BOX SERIES INCLUDES 2 MUSICAL PRODUCTIONS.-$28,184
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ANNE SOLLIENDirector/Pas-$0--
RUTH ANN FAYTreasurer-$0--
ROBERT SOLLIENDirector-$0--
DAN WILSONDirector-$0--
MICHELLE SKILESVice Preside-$0--
LORI LEMOINEPresident-$0--
ALIXANDRIA MILLERSecretary-$0--
NANCY BALLESTEROSDirector-$0--
CHRIS PATTERSONDirector-$0--
CAROL KINGDirector-$0--
ANDREA O'REILLYDirector-$0--
Filing and Contact Details

Filer

Filer Name
Shoestring Theatre Inc
EIN
59-6004241
Phone
3862283777
Address
380 S GOODWIN ST, LAKE HELEN, FL 32744-2803

Signing Officer

Name
Lori Lemoine
Title
President
Phone
3862283777
Signed
2021-09-19

Preparer

Firm
Dreggors Rigsby & Teal Pa
Address
1006 N WOODLAND BLVD, DELAND, FL 32720-2769
Preparer
Ann J Rigsby
Phone
3867349441
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses insurance 5,342 advertising 540 directors 1,500 performers 1,000 general show costs 700 royalties & books -5,453 printing & reproduciton 464 set & stage supplies 152 bank & credit card charge 140 computer expenses 623 dues & subscriptions 959 licenses & permits 325 office expenses 29 postage & delivery 7 telephoe & internet 1,976 theatre supplies 571 website expenses 1,657 meals & entertainment 46 public relations 106 non-investment depreciation 5,039 total 15,723

Form 990-ez, Part II, Line 24

Grants receivable 0 1,125 inventories for sale or use 138 138 computer equipment 1,713 1,713 less accumulated depreciation 1,713 1,713 furniture & fixtures 11,841 11,841 less accumulated depreciation 11,666 11,811 equipment 6,920 6,920 less accumulated depreciation 6,920 6,920 echo grant security bond 4,800 4,800 total 5,113 6,093

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 0 4,367 deferred revenue 5,901 4,647

Form 990-ez, Part III

Amateur community theater at the shoestring theatre our mission is to uphold the legacy and rich cultural history of the shoestring theatre by providing theatrical productions of the highest quality, education in the performing arts for all ages and a creative variety in musical entertainment, while building lasting relationships with our community.

Form 990-ez, Part III, Line 28

Regular theatre season includes 5 plays and 1 youth theatre production. Summer includes 2 youth theatre camps,1 youth musical review, and season kick-off event. Shoe box series includes 2 musical productions.

Raw XML Appendix216 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/PrimaryExemptPurposeTxt0AMATEUR COMMUNITY THEATER AT THE SHOESTRING THEATRE OUR MISSION IS TO UPHOLD THE LEGACY AND RICH CULTURAL HISTORY OF THE SHOESTRING THEATRE BY PROVIDING THEATRICAL PRODUCTIONS OF THE HIGHEST QUALITY, EDUCATION IN THE PERFORMING ARTS FOR ALL AGES AND A CREATIVE VARIETY IN MUSICAL ENTERTAINMENT, WHILE BUILDING LASTING RELATIONSHIPS WITH OUR COMMUNITY.
IRS990EZ/ProgramServiceRevenueAmt0422
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IRS990EZ/WebsiteAddressTxt0WWW.SHOESTRINGTHEATRE.NET
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THEATRE RENT 650
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES INSURANCE 5,342 ADVERTISING 540 DIRECTORS 1,500 PERFORMERS 1,000 GENERAL SHOW COSTS 700 ROYALTIES & BOOKS -5,453 PRINTING & REPRODUCITON 464 SET & STAGE SUPPLIES 152 BANK & CREDIT CARD CHARGE 140 COMPUTER EXPENSES 623 DUES & SUBSCRIPTIONS 959 LICENSES & PERMITS 325 OFFICE EXPENSES 29 POSTAGE & DELIVERY 7 TELEPHOE & INTERNET 1,976 THEATRE SUPPLIES 571 WEBSITE EXPENSES 1,657 MEALS & ENTERTAINMENT 46 PUBLIC RELATIONS 106 NON-INVESTMENT DEPRECIATION 5,039 TOTAL 15,723
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GRANTS RECEIVABLE 0 1,125 INVENTORIES FOR SALE OR USE 138 138 COMPUTER EQUIPMENT 1,713 1,713 LESS ACCUMULATED DEPRECIATION 1,713 1,713 FURNITURE & FIXTURES 11,841 11,841 LESS ACCUMULATED DEPRECIATION 11,666 11,811 EQUIPMENT 6,920 6,920 LESS ACCUMULATED DEPRECIATION 6,920 6,920 ECHO GRANT SECURITY BOND 4,800 4,800 TOTAL 5,113 6,093
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 4,367 DEFERRED REVENUE 5,901 4,647
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AMATEUR COMMUNITY THEATER AT THE SHOESTRING THEATRE OUR MISSION IS TO UPHOLD THE LEGACY AND RICH CULTURAL HISTORY OF THE SHOESTRING THEATRE BY PROVIDING THEATRICAL PRODUCTIONS OF THE HIGHEST QUALITY, EDUCATION IN THE PERFORMING ARTS FOR ALL AGES AND A CREATIVE VARIETY IN MUSICAL ENTERTAINMENT, WHILE BUILDING LASTING RELATIONSHIPS WITH OUR COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4REGULAR THEATRE SEASON INCLUDES 5 PLAYS AND 1 YOUTH THEATRE PRODUCTION. SUMMER INCLUDES 2 YOUTH THEATRE CAMPS,1 YOUTH MUSICAL REVIEW, AND SEASON KICK-OFF EVENT. SHOE BOX SERIES INCLUDES 2 MUSICAL PRODUCTIONS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0LORI LEMOINE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03862283777
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-09-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SHOESTRING THEATRE INC
ReturnHeader/Filer/BusinessNameControlTxt0SHOE
ReturnHeader/Filer/EIN0596004241
ReturnHeader/Filer/PhoneNum03862283777
ReturnHeader/Filer/USAddress/AddressLine1Txt0380 S GOODWIN ST
ReturnHeader/Filer/USAddress/CityNm0LAKE HELEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd0327442803
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0593623200
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DREGGORS RIGSBY & TEAL PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01006 N WOODLAND BLVD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DELAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0327202769
ReturnHeader/PreparerPersonGrp/PhoneNum03867349441
ReturnHeader/PreparerPersonGrp/PreparationDt02021-10-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANN J RIGSBY
ReturnHeader/ReturnTs02021-10-13T12:01:17-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0LORI
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LEMOINE
ReturnHeader/TaxPeriodBeginDt02020-06-01
ReturnHeader/TaxPeriodEndDt02021-05-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.93$0.04$1.89$0.82$0.93$0.11
2024Detailed filing. Detailed filing data is available for this year.$2.02$0.03$2.00$1.05$1.09$0.04
2023Detailed filing. Detailed filing data is available for this year.$2.06$0.02$2.04$0.94$0.91$0.02
2022Detailed filing. Detailed filing data is available for this year.$2.04$0.03$2.01$0.76$0.79$0.02
2021Detailed filing. Detailed filing data is available for this year.$2.13$0.09$2.04$0.33$0.28$0.05
2020Detailed filing. Detailed filing data is available for this year.$2.04$0.06$1.99$0.70$0.77$0.07
2019Summary only. Only limited summary data is available for this year.$2.10$0.04$0.82$0.68$0.14
2018Detailed filing. Detailed filing data is available for this year.$1.99$0.07$1.92$0.72$0.86$0.14
2017Detailed filing. Detailed filing data is available for this year.$2.13$0.08$2.06$0.59$0.59$0.01
2016Detailed filing. Detailed filing data is available for this year.$2.07$0.01$2.06$0.60$0.61$0.01
2015Detailed filing. Detailed filing data is available for this year.$2.08$0.00$2.08$0.67$0.55$0.12
2014Detailed filing. Detailed filing data is available for this year.$1.97$0.02$1.96$0.97$0.66$0.31
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.70$0.06$1.65$0.83$0.75$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.64$0.07$1.57$1.00$1.04$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.69$0.08$1.61$0.86$0.68$0.18