Civic Intelligence

Watertower Theatre Inc.

990 • Fiscal year 2015 • EIN 75-1559945

Oct 01, 2014 to Sep 30, 2015 • Filed on Feb 24, 2016

Organization ProfileWWW.WATERTOWERTHEATRE.ORG
15650 Addison RoadAddison, TX 75001

(972) 450-6230

Siviq Scores

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

Liabilities / Assets

89th percentile

0.91x

Higher debt load relative to assets than 89% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

66th percentile

0.26x

Higher debt load relative to revenue than 66% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

36th percentile

-1.1%

Higher net margin than 36% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

69th percentile

$98,664

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 6.3% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

85th percentile

27%

Faster asset growth than 85% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

56th percentile

5.8%

Faster revenue growth than 56% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets89th percentile

Assets

Up

$447,725

Up $94,492 (+27%) from 2014

Net Assets

Down

$42,076

Down $17,049 (-29%) from 2014

Liabilities

Up

$405,649

Up $111,541 (+38%) from 2014

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin36th percentile

Revenue

Up

$1,575,922

Up $86,764 (+5.8%) from 2014

Expenses

Up

$1,592,971

Up $110,666 (+7.5%) from 2014

Net Income

Down

-$17,049

Down $23,902 (-349%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth85th percentile

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

$600K$400K$200K$0-$200KAssets 2011: $302,895Liabilities 2011: $244,350Net Assets 2011: $58,5452011Assets 2012: $357,178Liabilities 2012: $253,848Net Assets 2012: $103,3302012Assets 2013: $313,708Liabilities 2013: $261,436Net Assets 2013: $52,2722013Assets 2014: $353,233Liabilities 2014: $294,108Net Assets 2014: $59,1252014Assets 2015: $447,725Liabilities 2015: $405,649Net Assets 2015: $42,0762015Assets 2016: $428,235Liabilities 2016: $375,893Net Assets 2016: $52,3422016Assets 2017: $444,435Liabilities 2017: $457,852Net Assets 2017: -$13,4172017Assets 2018: $449,475Liabilities 2018: $437,817Net Assets 2018: $11,6582018Assets 2019: $240,582Liabilities 2019: $314,028Net Assets 2019: -$73,4462019Assets 2020: $294,367Liabilities 2020: $289,925Net Assets 2020: $4,4422020Assets 2021: $277,207Liabilities 2021: $155,819Net Assets 2021: $121,3882021Assets 2022: $175,023Liabilities 2022: $201,355Net Assets 2022: -$26,3322022Assets 2023: $248,534Liabilities 2023: $127,159Net Assets 2023: $121,3752023Assets 2024: $87,302Liabilities 2024: $195,216Net Assets 2024: -$107,9142024

Highlighted filing

2015

Assets$447,725
Liabilities$405,649
Net Assets$42,076
Open 2015 Filing

Operations Trend

Revenue Growth56th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $1,218,704Expenses 2011: $1,194,204Net Income 2011: $24,5002011Revenue 2012: $1,338,898Expenses 2012: $1,294,113Net Income 2012: $44,7852012Expenses 2013: $1,322,4972013Revenue 2014: $1,489,158Expenses 2014: $1,482,305Net Income 2014: $6,8532014Revenue 2015: $1,575,922Expenses 2015: $1,592,971Net Income 2015: -$17,0492015Revenue 2016: $1,618,107Expenses 2016: $1,612,338Net Income 2016: $5,7692016Revenue 2017: $1,396,820Expenses 2017: $1,462,120Net Income 2017: -$65,3002017Revenue 2018: $1,538,572Expenses 2018: $1,514,291Net Income 2018: $24,2812018Revenue 2019: $1,078,355Expenses 2019: $1,163,457Net Income 2019: -$85,1022019Revenue 2020: $994,722Expenses 2020: $916,834Net Income 2020: $77,8882020Revenue 2021: $856,295Expenses 2021: $739,349Net Income 2021: $116,9462021Revenue 2022: $749,399Expenses 2022: $820,038Net Income 2022: -$70,6392022Revenue 2023: $1,220,056Expenses 2023: $1,120,761Net Income 2023: $99,2952023Revenue 2024: $880,393Expenses 2024: $1,098,490Net Income 2024: -$218,0972024

Highlighted filing

2015

Revenue$1,575,922
Expenses$1,592,971
Net Income-$17,049
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2014 to Sep 30, 2015
Signed
Feb 24, 2016
Return Version
2014v6.0
Gross Receipts
$1,692,694
Mission and Program Overview

Mission

Watertower theatre's mission is to open minds with a diverse mix of plays and educational programs that inspire people to experience and embrace live theatre.

Balance Sheet Detail
LineBeginningEndChange
Assets
Prepaid Expenses and Deferred Charges$120,062$258,459▲ $138,397
Cash and Non-Interest-Bearing Accounts$124,124$81,143▼ $42,981
Accounts Receivable$35,490$37,892▲ $2,402
Land, Buildings, and Equipment, Net$7,568$5,943▼ $1,625
Total Assets$353,233$447,725▲ $94,492
Other Assets Total$65,989$64,288▼ $1,701
Liabilities
Deferred Revenue$244,140$329,171▲ $85,031
Accounts Payable and Accrued Expenses$49,968$45,478▼ $4,490
Mortgage Notes Payable Secured by Investment Property-$31,000-
Total Liabilities$294,108$405,649▲ $111,541
Net Assets / Fund Balance
Temporarily Rstr Net Assets$50,000$147,993▲ $97,993
Unrestricted Net Assets$9,125$-105,917▼ $115,042
Total Net Assets Fund Balance$59,125$42,076▼ $17,049
Total Liabilities and Net Assets / Fund Balance$353,233$447,725▲ $94,492

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,943$70,036$75,979
Other Assets Org$52,067--
Compensation and Service Providers
Top Officer Pay69th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Terry MartinExecutive DirectorFT$98,664$98,664

Board Members and Trustees

NameTitle
Derek BlountChairman
Ben CunninghamPresident
Wade OwensVice President
Barbara DasekeDirector
Blake ClemensDirector
Buddy FrazerDirector
Corky PledgerDirector
Debbie StaggsDirector
Jeff LacekyDirector
Laree HulshoffDirector
Margo KeyesDirector
Michael CanterburyDirector
Paul ShultzDirector
Robert Mayer JrDirector
Rose ColarossiDirector
Roz BenjetDirector
Stan GranerSecretary
Jimmy NiemannTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$731,362
Program Service Revenue
$625,011
Investment Income
$183
Other Revenue
$219,366
All Other Contributions
$246,719
Change in Net Assets
$-17,049

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,575,922
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,575,922
Total Revenue per Form 990
$1,575,922
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$934,225
Other Expenses$658,746
Total Fundraising Expense$96,922
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$597,968$39,220$56,748$693,936
Advertising$192,391-$3,407$195,798
Occupancy$82,650$17,367-$100,017
Current Officers, Directors, Trustees, and Key Employees$73,176$25,488-$98,664
Other Employee Benefits$68,398$8,090$8,345$84,833
Royalties$56,958--$56,958
Payroll Taxes$47,218$5,230$4,344$56,792
All Other Expenses$25,912$18,327$915$45,154
Insurance-$32,142-$32,142
Other Expenses$39,375$30,663$3,468$30,663
Fees for Services Accounting-$14,362-$14,362
Travel$6,249$5,017-$11,266
Information Technology$6,143--$6,143
Depreciation Depletion-$1,625-$1,625
Conferences and Meetings$329-$6$335
Total Functional Expenses$1,270,723$225,326$96,922$1,592,971

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,592,971
Total Expenses per Audited Statements$1,592,971
Total Expenses per Form 990$1,592,971
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$234,823
Fundraising Direct Expenses$116,772
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$234,823$234,823$116,772$118,051
Total Events$234,823$234,823$116,772$118,051
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
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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 11

“A draft of the form 990 was presented to the board of directors and business manager for review prior to filing. After approval, the board passes a motion to accept the form 990.”

Form 990, Part VI, Section B, Line 12C

“The organization regularly and consistently monitors compliance with the conflict of interest policy.”

Form 990, Part VI, Section B, Line 15

“The board of directors determines the executive/producing artistic director's salary based upon performance and reasonable increases in cost of living. The tcg's salary survey is used as a guide for salary ranges. Other management's salaries are determined by the executive director and are based upon performance and tenure.”

Form 990, Part VI, Section C, Line 19

“The theatre's form 990 is available upon request and on www.guidestar.org. The organizational documents and conflict of interest policy is available upon request to the business manager.”

Filing and Contact Details

Filer

Filer Name
Watertower Theatre Inc
EIN
75-1559945
Phone
9724506230
Address
15650 ADDISON ROAD, ADDISON, TX 75001

Signing Officer

Name
Terry Martin
Title
Executive Director
Phone
9724506230
Signed
2016-02-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Terry Martin
Formed
1996
Legal Domicile
TX
Voting Board Members
19
Independent Board Members
19
Employees
82
Volunteers
134

Preparer

Firm
Cpwr Llp
Address
5057 KELLER SPRINGS RD SUITE 425, ADDISON, TX 75001
Preparer
Shannon G Ray
Phone
9729914566
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Concessions: program service expenses 15,771. Management and general expenses 0. Fundraising expenses 0. Total expenses 15,771. Postage & shipping: program service expenses 10,141. Management and general expenses 1,558. Fundraising expenses 915. Total expenses 12,614. Telephone: program service expenses 0. Management and general expenses 12,287. Fundraising expenses 0. Total expenses 12,287. Equip rental: program service expenses 0. Management and general expenses 4,482. Fundraising expenses 0. Total expenses 4,482.”

FORM 990, PART XII, LINE 2C:

“Oversight and selection process has not changed from previous year.”

Raw XML AppendixShowing 400 of 534 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt049968
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt045478
IRS990/AccountsReceivableGrp/BOYAmt035490
IRS990/AccountsReceivableGrp/EOYAmt037892
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0WATERTOWER THEATRE'S MISSION IS TO OPEN MINDS WITH A DIVERSE MIX OF PLAYS AND EDUCATIONAL PROGRAMS THAT INSPIRE PEOPLE TO EXPERIENCE AND EMBRACE LIVE THEATRE.
IRS990/AdvertisingGrp/FundraisingAmt03407
IRS990/AdvertisingGrp/ProgramServicesAmt0192391
IRS990/AdvertisingGrp/TotalAmt0195798
IRS990/AllOtherContributionsAmt0246719
IRS990/AllOtherExpensesGrp/FundraisingAmt0915
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt018327
IRS990/AllOtherExpensesGrp/ProgramServicesAmt025912
IRS990/AllOtherExpensesGrp/TotalAmt045154
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0DELYNDA JOHNSON MORAVEC
IRS990/BooksInCareOfDetail/PhoneNum09724506230
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt015650 ADDISON ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0ADDISON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd075001
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0124124
IRS990/CashNonInterestBearingGrp/EOYAmt081143
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt025488
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt073176
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt098664
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/FundraisingAmt06
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0329
IRS990/ConferencesMeetingsGrp/TotalAmt0335
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0731362
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0183
IRS990/CYOtherExpensesAmt0658746
IRS990/CYOtherRevenueAmt0219366
IRS990/CYProgramServiceRevenueAmt0625011
IRS990/CYRevenuesLessExpensesAmt0-17049
IRS990/CYSalariesCompEmpBnftPaidAmt0934225
IRS990/CYTotalExpensesAmt01592971
IRS990/CYTotalFundraisingExpenseAmt096922
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01575922
IRS990/DAFExcessBusinessHoldingsInd00
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0244140
IRS990/DeferredRevenueGrp/EOYAmt0329171
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01625
IRS990/DepreciationDepletionGrp/TotalAmt01625
IRS990/Desc0EACH SEASON, WATERTOWER THEATRE PRODUCES A PROFESSIONAL LIVE THEATRE SEASON, EACH OFFERING A DIVERSE ARRAY OF PLAYS AND MUSICALS. THE PRODUCTIONS CONSIST OF A UNIQUE BUT FAMILIAR BLEND OF CLASSIC AND CONTEMPORARY. THE THEATRE ALSO HOSTS THE ANNUAL "OUT OF THE LOOP FRINGE FESTIVAL" WHICH PRESENTS OPPORTUNITIES TO EXISTING AND EMERGING ARTISTS AND SMALLER THEATRE COMPANIES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DistributionToDonorInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt082
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01217866
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt014362
IRS990/FeesForServicesAccountingGrp/TotalAmt014362
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt050.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt14.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt24.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt34.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt44.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt112.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt122.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt132.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt142.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt152.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt164.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt172.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt182.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/PersonNm0TERRY MARTIN
IRS990/Form990PartVIISectionAGrp/PersonNm1DEREK BLOUNT
IRS990/Form990PartVIISectionAGrp/PersonNm2BEN CUNNINGHAM
IRS990/Form990PartVIISectionAGrp/PersonNm3STAN GRANER
IRS990/Form990PartVIISectionAGrp/PersonNm4JIMMY NIEMANN
IRS990/Form990PartVIISectionAGrp/PersonNm5MICHAEL CANTERBURY
IRS990/Form990PartVIISectionAGrp/PersonNm6ROSE COLAROSSI
IRS990/Form990PartVIISectionAGrp/PersonNm7ROZ BENJET
IRS990/Form990PartVIISectionAGrp/PersonNm8LAREE HULSHOFF
IRS990/Form990PartVIISectionAGrp/PersonNm9BLAKE CLEMENS
IRS990/Form990PartVIISectionAGrp/PersonNm10MARGO KEYES
IRS990/Form990PartVIISectionAGrp/PersonNm11ROBERT MAYER JR
IRS990/Form990PartVIISectionAGrp/PersonNm12PAUL SHULTZ
IRS990/Form990PartVIISectionAGrp/PersonNm13DEBBIE STAGGS
IRS990/Form990PartVIISectionAGrp/PersonNm14JEFF LACEKY
IRS990/Form990PartVIISectionAGrp/PersonNm15BARBARA DASEKE
IRS990/Form990PartVIISectionAGrp/PersonNm16WADE OWENS
IRS990/Form990PartVIISectionAGrp/PersonNm17CORKY PLEDGER
IRS990/Form990PartVIISectionAGrp/PersonNm18BUDDY FRAZER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt098664
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01996
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt0116772
IRS990/FundraisingGrossIncomeAmt0234823
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt019
IRS990/GovernmentGrantsAmt0484643
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01692694
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt019
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt06143
IRS990/InformationTechnologyGrp/TotalAmt06143
IRS990/InsuranceGrp/ManagementAndGeneralAmt032142
IRS990/InsuranceGrp/TotalAmt032142
IRS990/InvestmentIncomeGrp/ExclusionAmt0183
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0183
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt097
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt070036
IRS990/LandBldgEquipBasisNetGrp/BOYAmt07568
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05943
IRS990/LandBldgEquipCostOrOtherBssAmt075979
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0WATERTOWER THEATRE'S MISSION IS TO OPEN MINDS WITH A DIVERSE MIX OF PLAYS AND EDUCATIONAL PROGRAMS THAT INSPIRE PEOPLE TO EXPERIENCE AND EMBRACE LIVE THEATRE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt031000
IRS990/NetAssetsOrFundBalancesBOYAmt059125
IRS990/NetAssetsOrFundBalancesEOYAmt042076
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0118051
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0118051
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt017367
IRS990/OccupancyGrp/ProgramServicesAmt082650
IRS990/OccupancyGrp/TotalAmt0100017
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt065989
IRS990/OtherAssetsTotalGrp/EOYAmt064288
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt08345
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt08090
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt068398
IRS990/OtherEmployeeBenefitsGrp/TotalAmt084833
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/Desc2PRINTING & PUBLICATIONS
IRS990/OtherExpensesGrp/Desc3CREDIT CARD & BANK FEES
IRS990/OtherExpensesGrp/FundraisingAmt07708
IRS990/OtherExpensesGrp/FundraisingAmt111981
IRS990/OtherExpensesGrp/FundraisingAmt23468
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt018283
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt17129
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22383
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt330663
IRS990/OtherExpensesGrp/ProgramServicesAmt046771
IRS990/OtherExpensesGrp/ProgramServicesAmt127185
IRS990/OtherExpensesGrp/ProgramServicesAmt239375
IRS990/OtherExpensesGrp/TotalAmt072762
IRS990/OtherExpensesGrp/TotalAmt146295
IRS990/OtherExpensesGrp/TotalAmt245226
IRS990/OtherExpensesGrp/TotalAmt330663
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0CONCESSIONS, HANDLING,
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0101315
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0101315
IRS990/OtherRevenueTotalAmt0101315
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt056748
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt039220
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0597968
IRS990/OtherSalariesAndWagesGrp/TotalAmt0693936
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt04344
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05230
IRS990/PayrollTaxesGrp/ProgramServicesAmt047218
IRS990/PayrollTaxesGrp/TotalAmt056792
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0120062
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0258459
IRS990/PrincipalOfficerNm0TERRY MARTIN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0711110
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0TICKET SALES
IRS990/ProgramServiceRevenueGrp/Desc1TUITION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0587206
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt137805
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0587206
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt137805
IRS990/ProgSrvcAccomActy2Grp/Desc0THE THEATRE PROVIDES SEVERAL EDUCATIONAL OPPORTUNITIES TO THE COMMUNITY. A SUMMER CONSERVATORY IMMERSES CHILDREN IN ALL ASPECTS OF THEATRE ARTS FOR TWO WEEKS, AND AN AFTER-SCHOOL PROGRAM OFFERS A UNIQUE WAY FOR STUDENTS TO BE INTRODUCED TO THEATRE. IN ADDITION, ACTING CLASSES ARE OFFERED EACH SEASON TO AREA ACTORS. OTHER EDUCATIONAL OPPORTUNITIES CONSIST OF SUMMER INTERNSHIPS, WHICH EXPOSE YOUNG PROFESSIONALS TO THE DAY-TO-DAY OPERATIONS OF A SMALL PROFESSIONAL THEATRE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt052857
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt037805
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0719995
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0240
IRS990/PYOtherExpensesAmt0578541
IRS990/PYOtherRevenueAmt0201467
IRS990/PYProgramServiceRevenueAmt0567456
IRS990/PYRevenuesLessExpensesAmt06853
IRS990/PYSalariesCompEmpBnftPaidAmt0903764
IRS990/PYTotalExpensesAmt01482305
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01489158
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-17049
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0688521
IRS990/RoyaltiesGrp/ProgramServicesAmt056958
IRS990/RoyaltiesGrp/TotalAmt056958
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0731362
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0719995
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0611150
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0661442
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0628483
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03352432
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0183
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0240
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0232
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0220
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0763
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01638
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99950
IRS990ScheduleA/PublicSupportPY170Pct00.99880
IRS990ScheduleA/PublicSupportTotal170Amt03352432
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0731362
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0719995
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0611150
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0661442
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0628483
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03352432
IRS990ScheduleA/TotalSupportAmt03354070
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$447,725
Liabilities
$405,649
Net assets
$42,076
Revenue
$1,575,922
Expenses
$1,592,971
Net income
-$17,049
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.09$0.20$0.11$0.88$1.10$0.22
2023Detailed filing. Detailed filing data is available for this year.$0.25$0.13$0.12$1.22$1.12$0.10
2022Detailed filing. Detailed filing data is available for this year.$0.18$0.20$0.03$0.75$0.82$0.07
2021Detailed filing. Detailed filing data is available for this year.$0.28$0.16$0.12$0.86$0.74$0.12
2020Detailed filing. Detailed filing data is available for this year.$0.29$0.29$0.00$0.99$0.92$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.24$0.31$0.07$1.08$1.16$0.09
2018Detailed filing. Detailed filing data is available for this year.$0.45$0.44$0.01$1.54$1.51$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.44$0.46$0.01$1.40$1.46$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.43$0.38$0.05$1.62$1.61$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.45$0.41$0.04$1.58$1.59$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.35$0.29$0.06$1.49$1.48$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.26$0.05$1.32
2012Summary only. Only limited summary data is available for this year.$0.36$0.25$0.10$1.34$1.29$0.04
2011Summary only. Only limited summary data is available for this year.$0.30$0.24$0.06$1.22$1.19$0.02