Civic Intelligence

Rocky Mountain Repertory Theatre

EIN 84-1479819 • 501(c)3 • Grand Lake, CO

Profile

Rocky mountain repertory theatre's mission is to stimulate, inspire and cultivate a passion for the performing arts in grand county, in colorado and the nation through outstanding productions, education and outreach.

PO Box 1682Grand Lake, CO 80447-1682

www.rockymountainrep.com

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.14x

Higher debt load relative to assets than 52% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

78th percentile

0.61x

Higher debt load relative to revenue than 78% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

47th percentile

3.1%

Higher net margin than 47% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

60th percentile

$155,214

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 7.2% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

20th percentile

-4.8%

Faster asset growth than 20% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

98th percentile

639%

Faster revenue growth than 98% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Down

$9,523,743

Down $483,184 (-4.8%) from 2023

Liabilities

Down

$1,315,288

Down $579,890 (-31%) from 2023

Net Assets

Up

$8,208,455

Up $96,706 (+1.2%) from 2023

Revenue

Up

$2,163,504

Up $1,870,921 (+639%) from 2023

Expenses

Up

$2,097,246

Up $1,888,049 (+903%) from 2023

Net Income

Down

$66,258

Down $17,128 (-21%) from 2023

Trend Graphs

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $5,894,857Liabilities 2010: $52,446Net Assets 2010: $5,842,4112010Assets 2011: $6,195,613Liabilities 2011: $8,563Net Assets 2011: $6,187,0502011Assets 2012: $6,083,997Liabilities 2012: $21,281Net Assets 2012: $6,062,7162012Assets 2013: $6,562,245Liabilities 2013: $26,170Net Assets 2013: $6,536,0752013Assets 2014: $6,602,932Liabilities 2014: $20,704Net Assets 2014: $6,582,2282014Assets 2015: $6,622,271Liabilities 2015: $31,187Net Assets 2015: $6,591,0842015Assets 2016: $6,502,822Liabilities 2016: $44,605Net Assets 2016: $6,458,2172016Assets 2017: $6,543,909Liabilities 2017: $39,907Net Assets 2017: $6,504,0022017Assets 2018: $6,643,292Liabilities 2018: $54,794Net Assets 2018: $6,588,4982018Assets 2019: $6,456,643Liabilities 2019: $33,229Net Assets 2019: $6,423,4142019Assets 2020: $6,331,741Liabilities 2020: $96,861Net Assets 2020: $6,234,8802020Assets 2021: $7,831,406Liabilities 2021: $93,992Net Assets 2021: $7,737,4142021Assets 2022: $9,762,143Liabilities 2022: $1,562,916Net Assets 2022: $8,199,2272022Assets 2023: $10,006,927Liabilities 2023: $1,895,178Net Assets 2023: $8,111,7492023Assets 2024: $9,523,743Liabilities 2024: $1,315,288Net Assets 2024: $8,208,4552024

Highlighted filing

2024

Assets$9,523,743
Liabilities$1,315,288
Net Assets$8,208,455

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $641,1462010Expenses 2011: $847,7012011Expenses 2012: $1,004,9462012Expenses 2013: $1,127,1662013Revenue 2014: $1,310,400Expenses 2014: $1,264,247Net Income 2014: $46,1532014Revenue 2015: $1,262,454Expenses 2015: $1,253,598Net Income 2015: $8,8562015Revenue 2016: $1,155,712Expenses 2016: $1,288,579Net Income 2016: -$132,8672016Revenue 2017: $1,468,994Expenses 2017: $1,423,209Net Income 2017: $45,7852017Revenue 2018: $1,491,361Expenses 2018: $1,405,732Net Income 2018: $85,6292018Revenue 2019: $1,285,502Expenses 2019: $1,480,247Net Income 2019: -$194,7452019Revenue 2020: $664,443Expenses 2020: $867,344Net Income 2020: -$202,9012020Revenue 2021: $2,812,737Expenses 2021: $1,392,928Net Income 2021: $1,419,8092021Revenue 2022: $2,216,400Expenses 2022: $1,669,135Net Income 2022: $547,2652022Revenue 2023: $292,583Expenses 2023: $209,197Net Income 2023: $83,3862023Revenue 2024: $2,163,504Expenses 2024: $2,097,246Net Income 2024: $66,2582024

Highlighted filing

2024

Revenue$2,163,504
Expenses$2,097,246
Net Income$66,258

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.52$1.32$8.21$2.16$2.10$0.07
2023Detailed filing. Detailed filing data is available for this year.$10.0$1.90$8.11$0.29$0.21$0.08
2022Detailed filing. Detailed filing data is available for this year.$9.76$1.56$8.20$2.22$1.67$0.55
2021Detailed filing. Detailed filing data is available for this year.$7.83$0.09$7.74$2.81$1.39$1.42
2020Detailed filing. Detailed filing data is available for this year.$6.33$0.10$6.23$0.66$0.87$0.20
2019Detailed filing. Detailed filing data is available for this year.$6.46$0.03$6.42$1.29$1.48$0.19
2018Detailed filing. Detailed filing data is available for this year.$6.64$0.05$6.59$1.49$1.41$0.09
2017Detailed filing. Detailed filing data is available for this year.$6.54$0.04$6.50$1.47$1.42$0.05
2016Detailed filing. Detailed filing data is available for this year.$6.50$0.04$6.46$1.16$1.29$0.13
2015Detailed filing. Detailed filing data is available for this year.$6.62$0.03$6.59$1.26$1.25$0.01
2014Detailed filing. Detailed filing data is available for this year.$6.60$0.02$6.58$1.31$1.26$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.56$0.03$6.54$1.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.08$0.02$6.06$1.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.20$0.01$6.19$0.85
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.89$0.05$5.84$0.64
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 19, 2025
Return Version
2024v5.0
Gross Receipts
$2,223,614
Mission and Program Overview

Mission

The mission of rocky mountain repertory theatre is to stimulate, inspire and cultivate a passion for the performing arts in grand county, the state of colorado and the nation through outstanding productions, education and outreach.

Rocky mountain repertory theatre's mission is to stimulate, inspire and cultivate a passion for the performing arts in grand county, in colorado and the nation through outstanding productions, education and outreach.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,168,357$7,788,415▼ $379,942
Savings and Temporary Cash Investments$1,282,266$962,212▼ $320,054
Investments in Publicly Traded Securities$375,006$405,703▲ $30,697
Cash and Non-Interest-Bearing Accounts$91,663$268,352▲ $176,689
Prepaid Expenses and Deferred Charges$57,700$87,171▲ $29,471
Pledges and Grants Receivable$24,840$6,000▼ $18,840
Inventories for Sale or Use$7,095$5,890▼ $1,205
Total Assets$10,006,927$9,523,743▼ $483,184
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,887,788$1,297,788▼ $590,000
Accounts Payable and Accrued Expenses$7,390$17,500▲ $10,110
Total Liabilities$1,895,178$1,315,288▼ $579,890
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,966,725$8,208,455▲ $241,730
Net Assets With Donor Restrictions$145,024--
Total Net Assets Fund Balance$8,111,749$8,208,455▲ $96,706
Total Liabilities and Net Assets / Fund Balance$10,006,927$9,523,743▼ $483,184

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,624,961$2,939,904$9,564,865
Land$1,145,000-$1,145,000
Equipment$18,454$396,918$415,372

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$375,006-▲ $30,697-$405,703
2023$329,495-▲ $45,511-$375,006
2022$328,709$355▲ $431-$329,495
2021$412,203$1,958▼ $85,452-$328,709
2020$329,378$100▲ $82,725-$412,203
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael QuerioExec ArtistiFT$130,000$25,214$155,214
Michael QuerioExec Artistic Director-$130,000$25,214$155,214

Board Members and Trustees

NameTitle
Karen Fry WeisbrichPresident
Amy ChampionTrustee
Annie BakerTrustee
Beth ChambersTrustee
Bob ScottTrustee
Catherine PriorTrustee
Jeff EldridgeTrustee
Jim GumpertTrustee
John ErnstTrustee
Karen SmithTrustee
Nancy ChaffinTrustee
Scott ConradTrustee
Dave FreemanMember-at-la
Lydia MacmillanSecretary
Dave MajcenTreasurer
Melinda RobinsonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,015,220
Program Service Revenue
$1,083,965
Investment Income
$22,343
Other Revenue
$41,976
All Other Contributions
$886,941
Change in Net Assets
$66,258

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,163,504
Revenue Not Reported on Form 990
$93,987
Total Revenue per Audited Statements
$2,257,491
Total Revenue per Form 990
$2,163,504
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,246,499
Salaries, Compensation, and Employee Benefits$850,747
Total Fundraising Expense$49,646
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$576,050$24,924$19,826$620,800
Depreciation Depletion$374,868$15,390-$390,258
Occupancy$193,925--$193,925
Current Officers, Directors, Trustees, and Key Employees$144,023$6,240$4,951$155,214
Interest$118,894--$118,894
Royalties$111,497--$111,497
Payroll Taxes$69,346$3,000$2,387$74,733
Fees for Services Other$12,100$42,108-$54,208
Office Expenses$37,313$13,386-$50,699
All Other Expenses$23,314$2,773$22,127$48,214
Insurance$9,725$19,800-$29,525
Other Expenses$26,619--$26,619
Advertising$20,640$160$355$21,155
Fees for Services Accounting-$10,600-$10,600
Total Functional Expenses$1,909,219$138,381$49,646$2,097,246

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,160,536
Expenses per Audited Statements$2,097,246
Total Expenses per Form 990$2,097,246
Expenses Not Reported on Form 990$63,290
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$47,428
Fundraising Direct Expenses$38,247
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Cabaret$157,127$47,428$38,247$9,181
Other Events$18,580---
Total Events$175,707$47,428$38,247$9,181
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
Bill HerbertFmr Bd MemberInsurance BrokerNo$29,525
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 35% controlled entity
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, Page 6, Part VI, Line 11B

Form 990 is reviewed by the organization's executive director, treasurer, and president.

Form 990, Page 6, Part VI, Line 12C

Annually request a conflict of interest compliance for all officers, directors and trustees.

Form 990, Page 6, Part VI, Line 15A

The executive committee does an evaluation of key employees on an annual basis. The committee determines whether the employee should receive additional compensation and the amount of compensation is then voted on.

Form 990, Page 6, Part VI, Line 15B

The executive committee does an evaluation of key employees on an annual basis. The committee determines whether the employee should receive additional compensation and the amount of compensation is then voted on.

Form 990, Page 6, Part VI, Line 19

Upon request, the previous year's audited financial statement are available to the public.

Filing and Contact Details

Filer

Filer Name
Rocky Mountain Repertory Theatre
EIN
84-1479819
Phone
9706275087
Address
PO BOX 1682, GRAND LAKE, CO 80447-1682

Signing Officer

Name
Michael Querio
Title
Exec Artistic Director
Phone
9706275087
Signed
2025-03-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karen Fry Weisbrich
Formed
1999
Legal Domicile
Co
Voting Board Members
16
Independent Board Members
16
Employees
72
Volunteers
110

Preparer

Firm
Taylor Roth and Company
Address
1580 LINCOLN ST STE 520, DENVER, CO 80203-1517
Preparer
Diane Granger
Phone
3038308109
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Cost of goods sold 21,863 direct costs of special events 38,247 cost of goods sold -21,863 direct cost of special events -38,247

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The board of directors of the organization has established an endowment fund for maintenance and improvement of rmrt facilities. The principal shall be invested and interest earned shall be accrued until the principal reaches 1,000,000. After the principal reaches 1,000,000, interest earned from investments may be withdrawn annually and used for maintenance and improvement expenses of the facilities of rmrt.

Schedule D, Page 4, Part XI, Line 2D

Cost of goods sold 21,863 direct costs of special events 38,247

Schedule D, Page 4, Part XII, Line 2D

Cost of goods sold 21,863 direct cost of special events 38,247

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