Civic Intelligence

Rees Theatre Inc.

990 • Fiscal year 2020 • EIN 82-3021665

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 12, 2021

Organization Profilewww.reesproject.com
12638 Emerald CourtPlymouth, IN 46563

(574) 936-8247

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

4th percentile

-107%

Higher net margin than 4% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

4th percentile

-23%

Faster asset growth than 4% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

6th percentile

-56%

Faster revenue growth than 6% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets15th percentile

Assets

Down

$1,222,437

Down $369,462 (-23%) from 2019

Net Assets

Down

$1,222,437

Down $369,462 (-23%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue15th percentileNet Margin4th percentile

Revenue

Down

$378,144

Down $477,003 (-56%) from 2019

Expenses

Up

$782,892

Up $505,649 (+182%) from 2019

Net Income

Down

-$404,748

Down $982,652 (-170%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

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

$6.0M$4.0M$2.0M$0Assets 2018: $615,589Liabilities 2018: $0Net Assets 2018: $615,5892018Assets 2019: $1,591,899Liabilities 2019: $0Net Assets 2019: $1,591,8992019Assets 2020: $1,222,437Liabilities 2020: $0Net Assets 2020: $1,222,4372020Assets 2021: $3,030,437Liabilities 2021: $0Net Assets 2021: $3,030,4372021Assets 2022: $2,108,799Liabilities 2022: $497,048Net Assets 2022: $1,611,7512022Assets 2023: $4,400,391Liabilities 2023: $500,789Net Assets 2023: $3,899,6022023Assets 2024: $4,285,491Liabilities 2024: $420,581Net Assets 2024: $3,864,9102024

Highlighted filing

2020

Assets$1,222,437
Liabilities$0
Net Assets$1,222,437
Open 2020 Filing

Operations Trend

Revenue Growth6th percentile

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

$4.0M$2.0M$0-$2.0MRevenue 2018: $643,480Expenses 2018: $17,423Net Income 2018: $626,0572018Revenue 2019: $855,147Expenses 2019: $277,243Net Income 2019: $577,9042019Revenue 2020: $378,144Expenses 2020: $782,892Net Income 2020: -$404,7482020Revenue 2021: $1,183,545Expenses 2021: $824,359Net Income 2021: $359,1862021Revenue 2022: $1,273,881Expenses 2022: $2,714,186Net Income 2022: -$1,440,3052022Revenue 2023: $416,445Expenses 2023: $368,533Net Income 2023: $47,9122023Revenue 2024: $420,958Expenses 2024: $327,113Net Income 2024: $93,8452024

Highlighted filing

2020

Revenue$378,144
Expenses$782,892
Net Income-$404,748
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 12, 2021
Return Version
2020v4.0
Gross Receipts
$378,144
Mission and Program Overview

Mission

The REES Theatre Inc.s mission is to restore maintain and operate the historic Rees Theatre as an arts cultural and educational resource for the use and benefit of the community. In late 2022 the organization completed the final phase of its renovation and restoration of the theatre building and opened to the public. 2024 marked The REES Theatres second full year of operation as a center for arts education culture and celebration.

The REES Theatre Inc.'s mission is to restore maintain and operate the historic Rees Theatre as an arts cultural and educational resource for the use and benefit of the community. The organization is renovating and restoring the theatre building in several phases while conducting educational and cultural activities offsite or when the building is not impacted by construction.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$629,673$779,435▲ $149,762
Land, Buildings, and Equipment, Net$416,669$413,169▼ $3,500
Cash and Non-Interest-Bearing Accounts$545,557$29,833▼ $515,724
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$1,591,899$1,222,437▼ $369,462
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,576,527$1,205,881▼ $370,646
Net Assets With Donor Restrictions$15,372$16,556▲ $1,184
Total Net Assets Fund Balance$1,591,899$1,222,437▼ $369,462
Total Liabilities and Net Assets / Fund Balance$1,591,899$1,222,437▼ $369,462

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$325,721$0$0
Other Land Buildings$0$0$0
Land$87,448-$0
Equipment$0$0$0
Leasehold Improvements$0$0$0

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$15,372$250▲ $1,135$0$16,556
2019$9,796$2,193▼ $664$0$11,237
2018$6,786$2,500▲ $564$0$9,696
2017$0$0→ $0$0$0
2016$0$0→ $0$0$0
Compensation and Service Providers
Top Officer Pay37th percentile

Board Members and Trustees

NameTitle
Randall DanielsonPresident - Board of Directors
Don WendelDirector
Linda StarrDirector
Lisa MillerSecretary - Board of Directors
Donna PontiusTreasurer - Board of Directors

Highest Paid Contractors

ContractorServicesLocationCompensation
TR Concrete Construction IncConcrete Services11133 Shadylane Drive, Plymouth, IN 46563$119,792
Freedom Heating & Plumbing IncHVAC units, installation, ductwork, plumbing6015 Highview Dr Suite B, Fort Wayne, IN 46818$110,277
Revenue and Support

Revenue Composition

Contributions and Grants
$340,248
Program Service Revenue
$6,845
Investment Income
$27,674
Other Revenue
$3,377
All Other Contributions
$244,290
Change in Net Assets
$-404,748

Audited Revenue Reconciliation

Revenue per Audited Statements
$378,144
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$35,286
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$413,430
Total Revenue per Form 990
$378,144
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$782,892
Total Fundraising Expense$2,048
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$296,679$275$1,712$298,666
Other Expenses$79,678$0$0$79,678
Fees for Service Investment Mgmnt Fees$0$16,135$0$16,135
Insurance$0$6,660$0$6,660
Fees for Services Legal$0$5,000$0$5,000
Occupancy$0$4,200$0$4,200
Office Expenses$0$288$0$288
Fees for Services Other$0$0$250$250
Information Technology$0$216$0$216
Advertising$0$0$86$86
Total Functional Expenses$748,070$32,774$2,048$782,892

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$782,892
Total Expenses per Audited Statements$782,892
Total Expenses per Form 990$782,892
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$3,377
Fundraising Direct Expenses$0
Gaming Direct Expenses$0
Gaming 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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Lisa MillerSecretary Board of DirectorsLegal services provided organization as per requirements of Indiana Development Authority grantNo$5,000

Loans and Receivables

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

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Section B, Line 11B

“A draft of the form 990 with attending schedules was distributed to all directors for review by the Board of Directors on November 8 2021. The form 990 was reviewed and the Board of Directors passed a resolution approving of the filing of the form 990.”

Part VI, Section B, Line 12C

“Every year each director is required to complete a disclosure statement which identifies conflicts of interest if any. The secretary reviews the disclosure statements and reports any potential conflicts to the President who would then disclose the potential conflict to the Board. No potential conflicts were identified in 2020.”

Part VI, Section C, Line 19

“The REES Theatre Inc. does not make its governing documents conflict of interest policy or financial statements available to the general public except to the extent that they are publicly available in a document such as the form 990 and the form 1023. The organization's Articles of Incorporation are available on the Indiana Secretary of State's website at IN.gov.”

Filing and Contact Details

Filer

Filer Name
The Rees Theatre Inc
EIN
82-3021665
In Care Of
% Randall Danielson
Address
12638 Emerald Court, Plymouth, IN 46563

Signing Officer

Name
Randall L Danielson
Title
President
Signed
2021-11-12
Discuss with paid preparer
No

Organization Details

Principal Officer
Randall Danielson
Formed
2017
Legal Domicile
In
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
50
Supplemental Narrative

Additional Explanations

Part III, Line 4D

“| Description:, Expense Amount:, Grants Amount:, Revenue Amount:|”

Part IX, line 24E

“| Description:, Amount:| Building materials, $513.00| Consulting - construction, $1988.00| Demolition expenses, $8800.00| Electrical work expenses, $16330.00| Engineering, $10060.00| Framing, $106048.00| HVAC, $68854.00| Interior Design work, $7800.00| Masonry, $148783.00| Permitting variance, $3625.00| Repairs and Maintenance, $175.00| Roofing, $79678.00| Solar panels installation, $65760.00| Site stabilization work, $15328.00| Marquee Repairs and Maintenance, $1422.00| REES Keepsake Items, $1712.00| Plumbing, $49325.00|”

Financial Statement Notes

Part V, line 4

“The REES Endowment Fund was established to support The Rees Theatre's operation as an arts education and cultural center upon the completion of the renovation and restoration of the historic Rees Theatre building.”

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IRS990/Desc0Restoration Renovation of the Historic Rees Theatre. For almost seventy years the Rees Theatre in downtown Plymouth Indiana served as the area's center for family entertainment. Sadly in 2009 the 1940 Art Deco theatre closed and fell into disrepair. Recognizing the value of the building as an important cultural and historic landmark for the people of Plymouth and Marshall County a group of concerned citizens began meeting in 2016 and 2017 to explore how to bring the Rees Theatre back to life. From this initiative the all-volunteer non-profit corporation The REES Theatre Inc. was formed with the mission to restore renovate and maintain the theatre as a community center for the arts culture and education. In 2018 The REES Theatre Inc. commenced its multi-phased restoration renovation and repurposing program. Masonry work was completed to restore the theatre's west-facing facade and the organization made additional repairs to the lighted marquee signage. Also architects engineers and audio-visual professionals provided studies and preliminary designs to create a vision of the theatre's future. 2019 saw further improvements made to the theatre's exterior envelope. Masons continued to restore the theatre's south and east-facing walls and a new roof installation neared completion. In 2020 efforts turned to the building's interior with demolition stabilization and framing taking place. Concrete tiers for the interior auditorium floors featuring radiant heat were poured as were new basement tunnels and an ADA-compliant ramp. Workers installed new water gas and sewer lines and updated all electrical systems. Following the completion of the roof technicians installed 76 solar panels for the Rees which will provide up to 80-90% of its fully-operational energy needs. Net-metering allows the Rees to receive credits for this solar energy production dramatically reducing its monthly energy bill. In 2020 New rooftop HVAC units were installed as well as the necessary ductwork and piping. Masonry work continued. Extensive work on the theatre's interior will carry on into 2021 and 2022. The anticipated total remaining cost to revitalize the interior of the building for modern use is $2,986,000: construction costs - $2,386,000 audio-visual costs - $475,000 and furnishings equipment - $125,000. In 2020 approximately fifty REES volunteers spent countless hours providing manual labor towards the theatre's renovation and many more hours raising funds applying for grants and strengthening relationships with other area civic arts and cultural organizations. All friends of the Rees look forward to its anticipated grand re-opening in the fall of 2022.
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IRS990/Form990PartVIISectionAGrp/PersonNm1Donna Pontius
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IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
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IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0378144
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IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
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IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0216
IRS990/InformationTechnologyGrp/ProgramServicesAmt00
IRS990/InformationTechnologyGrp/TotalAmt0216
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt06660
IRS990/InsuranceGrp/ProgramServicesAmt00
IRS990/InsuranceGrp/TotalAmt06660
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt00
IRS990/InterestGrp/ProgramServicesAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt027674
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt027674
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0629673
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0779435
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0416669
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0413169
IRS990/LandBldgEquipCostOrOtherBssAmt0413169
IRS990/LegalDomicileStateCd0IN
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The REES Theatre Inc.'s mission is to restore maintain and operate the historic Rees Theatre as an arts cultural and educational resource for the use and benefit of the community. The organization is renovating and restoring the theatre building in several phases while conducting educational and cultural activities offsite or when the building is not impacted by construction.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt01591899
IRS990/NetAssetsOrFundBalancesEOYAmt01222437
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt03377
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt03377
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeFromGamingGrp/ExclusionAmt00
IRS990/NetIncomeFromGamingGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt035286
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01576527
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01205881
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt04200
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt04200
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0288
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt0288
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Masonry
IRS990/OtherExpensesGrp/Desc1Concrete Work - contracted for amount, extra work, finish, flowable fill
IRS990/OtherExpensesGrp/Desc2Framing
IRS990/OtherExpensesGrp/Desc3Roofing
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt0148783
IRS990/OtherExpensesGrp/ProgramServicesAmt1116882
IRS990/OtherExpensesGrp/ProgramServicesAmt2106048
IRS990/OtherExpensesGrp/ProgramServicesAmt379678
IRS990/OtherExpensesGrp/TotalAmt0148783
IRS990/OtherExpensesGrp/TotalAmt1116882
IRS990/OtherExpensesGrp/TotalAmt2106048
IRS990/OtherExpensesGrp/TotalAmt379678
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Randall Danielson
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0Community Marquee
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06845
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06845
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgSrvcAccomActy2Grp/Desc0Community Cultural and Educational Programs. Throughout 2020 the Rees Theatre building was under construction and at times unsafe for members of the public to enter. When deemed secure tours of the theatre were conducted by invitation or appointment. The facility was opened to the public for a Rees Progress Tour on October 3 and 4 2020 allowing the community to witness the incredible progress made towards the Rees' re-opening. Rees volunteers also shared the theatre's history and the project's progress at downtown and offsite special events. Even while construction continues the Rees Theatre is a center for community connection. The restored lighted marquee has enhanced the downtown's evening streetscape and is illuminated to announce community events or messages of support and celebration. Individuals and groups may sponsor their own marquee posts to publicize non-profit events proclaim happy occasions or commemorate milestones. Such sponsorships offset the operating costs for the brilliant signage.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01422
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt06845
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0830786
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt021175
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0277243
IRS990/PYOtherRevenueAmt0611
IRS990/PYProgramServiceRevenueAmt02575
IRS990/PYRevenuesLessExpensesAmt0577904
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0277243
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0855147
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-404748
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0| S.No:, Year:, Amount:, Description:| 1, 2019, 611.00, Fundraising Income| 2, 2018, 5717.00, Fundraising income|
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part II, line 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0340248
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0830786
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0632387
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01803421
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt027674
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt021175

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,222,437
Liabilities
$0
Net assets
$1,222,437
Revenue
$378,144
Expenses
$782,892
Net income
-$404,748
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.29$0.42$3.86$0.42$0.33$0.09
2023Detailed filing. Detailed filing data is available for this year.$4.40$0.50$3.90$0.42$0.37$0.05
2022Detailed filing. Detailed filing data is available for this year.$2.11$0.50$1.61$1.27$2.71$1.44
2021Detailed filing. Detailed filing data is available for this year.$3.03$0.00$3.03$1.18$0.82$0.36
2020Detailed filing. Detailed filing data is available for this year.$1.22$0.00$1.22$0.38$0.78$0.40
2019Summary only. Only limited summary data is available for this year.$1.59$0.00$1.59$0.86$0.28$0.58
2018Summary only. Only limited summary data is available for this year.$0.62$0.00$0.62$0.64$0.02$0.63