Civic Intelligence

Merit Theatre Company Inc.

EIN 83-0647346 • 501(c)3 • Burlington, KY

Pub. 78 Eligible990-N CoverageNTEE A60

Profile

Merit Theatre Company will provide communities of Kentucky, Ohio, Indiana, and surrounding areas with professional quality, family-friendly, faith-based entertainment. The specific objectives and purpose of this organization shall be: a. To provide opportunities for local talent to participate in a professional quality, competitive, but welcoming environment; b. To provide local talent of all ages and experience levels a safe, spiritual, and nurturing environment in which to hone their crafts; c. To provide the communities of local areas and visitors to those areas with inspiring productions of the highest possible quality, including but not limited to musicals, plays, concerts, and original works; d. To produce wholesome works that both (1) are consistent with the Christian worldview and (2) address real world issues and situations while ultimately pointing the way to Christ.

3350 Easton LaneBurlington, KY 41005

www.merittheatre.org

Siviq Scores

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

Liabilities / Assets

67th percentile

0.05x

Higher debt load relative to assets than 67% of similar nonprofits.

NTEE A60 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

81st percentile

0.14x

Higher debt load relative to revenue than 81% of similar nonprofits.

NTEE A60 • <$500k nonprofits • Source year 2025

Net Margin

70th percentile

19%

Higher net margin than 70% of similar nonprofits.

NTEE A60 • <$500k nonprofits • Source year 2025

Top Officer Pay

76th percentile

$1,000

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

NTEE A60 • <$500k nonprofits • Source year 2025

Asset Growth

58th percentile

9.8%

Faster asset growth than 58% of similar nonprofits.

NTEE A60 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

41st percentile

-3.8%

Faster revenue growth than 41% of similar nonprofits.

NTEE A60 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Up

$201,711

Up $17,973 (+9.8%) from 2024

Liabilities

Up

$9,601

Up $9,601 from 2024

Net Assets

Up

$192,110

Up $8,372 (+4.6%) from 2024

Revenue

Down

$68,768

Down $2,682 (-3.8%) from 2024

Expenses

Down

$55,460

Down $23,406 (-30%) from 2024

Net Income

Up

$13,308

Up $20,724 (+279%) from 2024

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2023: $191,154Liabilities 2023: $0Net Assets 2023: $191,1542023Assets 2024: $183,738Liabilities 2024: $0Net Assets 2024: $183,7382024Assets 2025: $201,711Liabilities 2025: $9,601Net Assets 2025: $192,1102025

Highlighted filing

2025

Assets$201,711
Liabilities$9,601
Net Assets$192,110

Operations Trend

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

$100K$50K$0-$50KRevenue 2023: $76,407Expenses 2023: $70,281Net Income 2023: $6,1262023Revenue 2024: $71,450Expenses 2024: $78,866Net Income 2024: -$7,4162024Revenue 2025: $68,768Expenses 2025: $55,460Net Income 2025: $13,3082025

Highlighted filing

2025

Revenue$68,768
Expenses$55,460
Net Income$13,308

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Apr 8, 2026
Return Version
2025v4.0
Gross Receipts
$68,768
Mission and Program Overview

Mission

Merit Theatre Company will provide communities of Kentucky, Ohio, Indiana, and surrounding areas with professional quality, family-friendly, faith-based entertainment. The specific objectives and purpose of this organization shall be: a. To provide opportunities for local talent to participate in a professional quality, competitive, but welcoming environment; b. To provide local talent of all ages and experience levels a safe, spiritual, and nurturing environment in which to hone their crafts; c. To provide the communities of local areas and visitors to those areas with inspiring productions of the highest possible quality, including but not limited to musicals, plays, concerts, and original works; d. To produce wholesome works that both (1) are consistent with the Christian worldview and (2) address real world issues and situations while ultimately pointing the way to Christ.

Program Services

DescriptionGrantsExpenses
Merit Theatre Company & Orchestra presents "Bright Star." We had eight performances over the course of two weekends, serving hundreds of patrons.$0$34,557
Merit Theatre Company & Orchestra presents "It's a Wonderful Life." Our Christmas production is performed four times over one weekend, providing a warm welcome to the Christmas era to hundreds of patrons.$0$12,163
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Benjamin IoccoFounder, President & Co-Artistic DirectorPT$1,000-$1,000
Kaitlyn IoccoFounder, Vice President & Co-Artistic DirectorPT$1,000-$1,000
Tiffany WinklerSecretaryPT$0--
Rebekah PowersTreasurerPT$0--
Arnie FormanDirectorPT$0--
Matt DentinoDirectorPT$0--
Mia ArmelliDirector & Resident ChoreographerPT$0--
Rachel CobbsDirectorPT$0--
Benjamin PriceMusic Director & Conductor-$0--
Phil NelsonDirectorPT$0--
Haley HaskinResident ChoreographerPT$0--
Filing and Contact Details

Filer

Filer Name
Merit Theatre Company Inc
EIN
83-0647346
Phone
8597951860
Address
3350 Easton Lane, Burlington, KY 41005

Signing Officer

Name
Rebekah Powers
Title
Treasurer
Phone
8594461733
Signed
2026-04-08
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

Description;Amount^Advertising and Marketing;187|Bank Charges and Fees;728|Dues and Fees;90|Insurance;1704|Taxes and Licensing;2457|Meals and Entertainment;1104|Office Supplies and Software;944|Other Business Expenses;229|Production Costs;23841|Travel;428|Interest Paid;1921|Website;1004^Total;34637^

Form 990-EZ, Part I, Line 20

I

Form 990-EZ, Part II, Line 26

Merit recorded a prior period adjustment in the current year to recognize credit card liabilities that were not recorded at the end of the prior year. End of year liability is the current outstanding credit card payable.

Raw XML Appendix191 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/OfficerDirectorTrusteeEmplGrp/TitleTxt1Founder, Vice President & Co-Artistic Director
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IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Merit Theatre Company will provide communities of Kentucky, Ohio, Indiana, and surrounding areas with professional quality, family-friendly, faith-based entertainment. The specific objectives and purpose of this organization shall be: a. To provide opportunities for local talent to participate in a professional quality, competitive, but welcoming environment; b. To provide local talent of all ages and experience levels a safe, spiritual, and nurturing environment in which to hone their crafts; c. To provide the communities of local areas and visitors to those areas with inspiring productions of the highest possible quality, including but not limited to musicals, plays, concerts, and original works; d. To produce wholesome works that both (1) are consistent with the Christian worldview and (2) address real world issues and situations while ultimately pointing the way to Christ.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description;Amount^Advertising and Marketing;187|Bank Charges and Fees;728|Dues and Fees;90|Insurance;1704|Taxes and Licensing;2457|Meals and Entertainment;1104|Office Supplies and Software;944|Other Business Expenses;229|Production Costs;23841|Travel;428|Interest Paid;1921|Website;1004^Total;34637^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1I
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Merit recorded a prior period adjustment in the current year to recognize credit card liabilities that were not recorded at the end of the prior year. End of year liability is the current outstanding credit card payable.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Rebekah Powers
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum08594461733
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-04-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MERIT THEATRE COMPANY INC
ReturnHeader/Filer/BusinessNameControlTxt0MERI
ReturnHeader/Filer/EIN0830647346
ReturnHeader/Filer/PhoneNum08597951860
ReturnHeader/Filer/USAddress/AddressLine1Txt03350 Easton Lane
ReturnHeader/Filer/USAddress/CityNm0Burlington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd041005
ReturnHeader/ReturnTs02026-04-14T21:31:02-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02025-01-01
ReturnHeader/TaxPeriodEndDt02025-12-31
ReturnHeader/TaxYr02025

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