Civic Intelligence

Historic State Theater Complex Inc.

990 • Fiscal year 2019 • EIN 61-1348519

Jul 01, 2018 to Jun 30, 2019 • Filed on Jan 14, 2020

209 West Dixie AvenueElizabethtown, KY 42701

(270) 234-8258

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.15x

Higher debt load relative to assets than 82% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

75th percentile

0.03x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

27th percentile

-7.1%

Higher net margin than 27% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

88th percentile

$35,340

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 11.6% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

13th percentile

-36%

Faster asset growth than 13% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

27th percentile

-16%

Faster revenue growth than 27% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$69,063

Down $39,298 (-36%) from 2018

Net Assets

Down

$58,391

Down $21,773 (-27%) from 2018

Liabilities

Down

$10,672

Down $17,525 (-62%) from 2018

Revenue

Down

$305,843

Down $58,907 (-16%) from 2018

Expenses

Down

$327,616

Down $26,783 (-7.6%) from 2018

Net Income

Down

-$21,773

Down $32,124 (-310%) from 2018

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0-$50KAssets 2011: $30,665Liabilities 2011: $18,537Net Assets 2011: $12,1282011Assets 2012: $13,500Liabilities 2012: $14,642Net Assets 2012: -$1,1422012Assets 2013: $10,747Liabilities 2013: $20,270Net Assets 2013: -$9,5232013Assets 2014: $16,299Liabilities 2014: $12,270Net Assets 2014: $4,0292014Assets 2015: $40,107Liabilities 2015: $18,559Net Assets 2015: $21,5482015Assets 2016: $31,751Liabilities 2016: $12,210Net Assets 2016: $19,5412016Assets 2017: $115,483Liabilities 2017: $45,670Net Assets 2017: $69,8132017Assets 2018: $108,361Liabilities 2018: $28,197Net Assets 2018: $80,1642018Assets 2019: $69,063Liabilities 2019: $10,672Net Assets 2019: $58,3912019Assets 2020: $57,156Liabilities 2020: $2,185Net Assets 2020: $54,9712020Assets 2021: $53,281Liabilities 2021: $2,185Net Assets 2021: $51,0962021

Highlighted filing

2019

Assets$69,063
Liabilities$10,672
Net Assets$58,391

Operations Trend

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

$400K$200K$0-$200KRevenue 2011: $236,560Expenses 2011: $261,677Net Income 2011: -$25,1172011Revenue 2012: $281,190Expenses 2012: $294,460Net Income 2012: -$13,2702012Revenue 2013: $265,256Expenses 2013: $273,637Net Income 2013: -$8,3812013Revenue 2014: $340,913Expenses 2014: $327,361Net Income 2014: $13,5522014Revenue 2015: $348,666Expenses 2015: $331,147Net Income 2015: $17,5192015Revenue 2016: $324,563Expenses 2016: $326,570Net Income 2016: -$2,0072016Revenue 2017: $382,916Expenses 2017: $332,644Net Income 2017: $50,2722017Revenue 2018: $364,750Expenses 2018: $354,399Net Income 2018: $10,3512018Revenue 2019: $305,843Expenses 2019: $327,616Net Income 2019: -$21,7732019Revenue 2020: $6,240Expenses 2020: $9,660Net Income 2020: -$3,4202020Revenue 2021: $4Expenses 2021: $3,879Net Income 2021: -$3,8752021

Highlighted filing

2019

Revenue$305,843
Expenses$327,616
Net Income-$21,773
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jan 14, 2020
Return Version
2018v3.1
Gross Receipts
$308,048
Mission and Program Overview

Mission

The historic state theater complex, inc. (hst) has a primary exempt purpose to promote education in the arts and history through the historical renovation, maintenance and operation of the historical theater complex.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$80,164$58,391▼ $21,773
Cash and Non-Interest-Bearing Accounts$92,885$50,711▼ $42,174
Land, Buildings, and Equipment, Net$15,476$18,352▲ $2,876
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$108,361$69,063▼ $39,298
Liabilities
Other Liabilities$28,197$10,672▼ $17,525
Total Liabilities$28,197$10,672▼ $17,525
Net Assets / Fund Balance
Total Net Assets Fund Balance$80,164$58,391▼ $21,773
Total Liabilities and Net Assets / Fund Balance$108,361$69,063▼ $39,298

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$18,352$102,052$120,404
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kelsie HallFormer Executive DirectorFT$35,000$340$35,340

Board Members and Trustees

NameTitle
Ed PoppePresident
Sarah VaughnVice President
Anne PylesSecretary, Operations Manager
Jeff HawkinsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$87,149
Program Service Revenue
$128,441
Investment Income
$92
Other Revenue
$90,161
All Other Contributions
$30,899
Change in Net Assets
$-21,773
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$200,996
Salaries, Compensation, and Employee Benefits$126,620
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$88,661-$88,661
All Other Expenses$28,398$16,036-$44,434
Current Officers, Directors, Trustees, and Key Employees-$27,831-$27,831
Occupancy-$19,931-$19,931
Other Expenses$16,660$53,165-$16,660
Advertising$12,458--$12,458
Payroll Taxes-$10,128-$10,128
Office Expenses-$6,867-$6,867
Depreciation Depletion-$4,760-$4,760
Fees for Services Accounting-$875-$875
Interest-$11-$11
Total Functional Expenses$99,351$228,265$0$327,616
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$23,354
Fundraising Direct Expenses$2,205
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
City Fest Blues,bikes & Barbque$13,109$13,109-$13,109
City Fest Crusin$8,770$8,770$2,205$6,565
Total Events$23,354$23,354$2,205$21,149
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Tax Liabilities$8,685
Advance Deposits$1,781
Event Liabilities$206
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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

The historic state theater supplies all board members with copies of the 990 for review prior to filing.

Form 990, Part VI, Section C, Line 19

Information is made available upon request.

Filing and Contact Details

Filer

Filer Name
Historic State Theater Complex Inc
EIN
61-1348519
Phone
2702348258
Address
209 WEST DIXIE AVENUE, ELIZABETHTOWN, KY 42701

Signing Officer

Name
Ed Poppe
Title
President
Phone
2702348258
Signed
2020-01-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ed Poppe
Formed
1999
Legal Domicile
Ky
Voting Board Members
4
Independent Board Members
4
Employees
9
Volunteers
50

Preparer

Firm
Sca Cpas and Advisors Pllc
Address
2901 RING ROAD, ELIZABETHTOWN, KY 42701
Preparer
Ann M Fisher CPA
Phone
2707696371
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Movies: program service expenses 15,237. Management and general expenses 0. Fundraising expenses 0. Total expenses 15,237. Bank/ticket fee charges: program service expenses 13,161. Management and general expenses 6. Fundraising expenses 0. Total expenses 13,167. Misc: program service expenses 0. Management and general expenses 4,268. Fundraising expenses 0. Total expenses 4,268. Insurance: program service expenses 0. Management and general expenses 4,156. Fundraising expenses 0. Total expenses 4,156. Telephone: program service expenses 0. Management and general expenses 3,656. Fundraising expenses 0. Total expenses 3,656. Web site: program service expenses 0. Management and general expenses 3,568. Fundraising expenses 0. Total expenses 3,568. Taxes: program service expenses 0. Management and general expenses 382. Fundraising expenses 0. Total expenses 382.

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IRS990ScheduleA/TotalSupportAmt0919191
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt018352
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0102052
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0120404
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01781
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1206
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt28685
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ADVANCE DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1EVENT LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PAYROLL TAX LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt018352
IRS990ScheduleD/TotalLiabilityAmt010672
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt02205
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0CITY FEST BLUES,BIKES & BARBQUE
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0CITY FEST CRUSIN
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt013109
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt08770
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt01475
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt023354
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt013109
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt08770
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt01475
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt023354
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt021149
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt02205
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt02205
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt035000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount0340
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KELSIE HALL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0FORMER EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt035340
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE HISTORIC STATE THEATER SUPPLIES ALL BOARD MEMBERS WITH COPIES OF THE 990 FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INFORMATION IS MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MOVIES: PROGRAM SERVICE EXPENSES 15,237. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,237. BANK/TICKET FEE CHARGES: PROGRAM SERVICE EXPENSES 13,161. MANAGEMENT AND GENERAL EXPENSES 6. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,167. MISC: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,268. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,268. INSURANCE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,156. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,156. TELEPHONE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,656. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,656. WEB SITE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,568. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,568. TAXES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 382. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 382.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0KY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0108361
IRS990/TotalAssetsEOYAmt069063
IRS990/TotalAssetsGrp/BOYAmt0108361
IRS990/TotalAssetsGrp/EOYAmt069063
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt087149
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0228265
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt099351
IRS990/TotalFunctionalExpensesGrp/TotalAmt0327616
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt028197
IRS990/TotalLiabilitiesEOYAmt010672
IRS990/TotalLiabilitiesGrp/BOYAmt028197
IRS990/TotalLiabilitiesGrp/EOYAmt010672
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt080164
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt058391
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt099351
IRS990/TotalProgramServiceRevenueAmt0128441
IRS990/TotalReportableCompFromOrgAmt035340
IRS990/TotalRevenueGrp/ExclusionAmt021241
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0197453
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0305843
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0108361
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt069063
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0209 WEST DIXIE AVENUE
IRS990/USAddress/CityNm0ELIZABETHTOWN
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd042701
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0THESTATETHEATER.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ED POPPE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02702348258
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-01-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HISTORIC STATE THEATER COMPLEX INC
ReturnHeader/Filer/BusinessNameControlTxt0HIST

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