Civic Intelligence

Foundry Theater Inc

EIN 87-2383367 • 501(c)3 • Huntington, WV

Profile

To serve the public as a presenter of arts and entertainment for family audiences, to promote the arts and create a hub for creatives of the underservered appalachian region and to provide educational arts programming for the public and for area schools.

PO Box 284Huntington, WV 25707

www.foundrytheater.org

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.00x

Higher debt load relative to assets than 63% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

64th percentile

0.00x

Higher debt load relative to revenue than 64% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

81st percentile

29%

Higher net margin than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

97th percentile

325%

Faster asset growth than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

83rd percentile

46%

Faster revenue growth than 83% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$45,025

Up $34,442 (+325%) from 2023

Liabilities

Down

$160

Down $4,464 (-97%) from 2023

Net Assets

Up

$44,865

Up $38,907 (+653%) from 2023

Revenue

Up

$133,786

Up $41,920 (+46%) from 2023

Expenses

Up

$94,880

Up $6,544 (+7.4%) from 2023

Net Income

Up

$38,906

Up $35,376 (+1002%) from 2023

Trend Graphs

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2022: $2,872Liabilities 2022: $444Net Assets 2022: $2,4282022Assets 2023: $10,583Liabilities 2023: $4,624Net Assets 2023: $5,9582023Assets 2024: $45,025Liabilities 2024: $160Net Assets 2024: $44,8652024

Highlighted filing

2024

Assets$45,025
Liabilities$160
Net Assets$44,865

Operations Trend

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

$150K$100K$50K$0Revenue 2022: $80,982Expenses 2022: $78,554Net Income 2022: $2,4282022Revenue 2023: $91,866Expenses 2023: $88,336Net Income 2023: $3,5302023Revenue 2024: $133,786Expenses 2024: $94,880Net Income 2024: $38,9062024

Highlighted filing

2024

Revenue$133,786
Expenses$94,880
Net Income$38,906

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 30, 2024
Return Version
2023v6.0
Gross Receipts
$133,786
Mission and Program Overview

Mission

To serve the public as a presenter of arts and entertainment for family audiences, to promote the arts and create a hub for creatives of the underservered appalachian region and to provide educational arts programming for the public and for area schools.

Program Services

DescriptionGrantsExpenses
TO SERVE THE PUBLIC AS A PRESENTER OF ARTS AND ENTERTAINMENT FOR FAMILY AUDIENCES, TO PROMOTE THE ARTS AND CREATE A HUB FOR CREATIVES OF THE UNDERSERVERED APPALACHIAN REGION AND TO PROVIDE EDUCATIONAL ARTS PROGRAMMING FOR THE PUBLIC AND FOR AREA SCHOOLS.-$71,950
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CORY DENNISONPresident-$0--
MICHAEL VALENTINEVice Preside-$0--
PATRICK WOODWARD IITreasurerPT$0--
MEGAN WOODWARDSecretary-$0--
PARRY CASTOMember-$0--
JILL LAFEARMember-$0--
WALLY DEMPSEYMember-$0--
Filing and Contact Details

Filer

Filer Name
Foundry Theater Inc
EIN
87-2383367
Phone
3049630690
Address
PO BOX 284, HUNTINGTON, WV 25707

Signing Officer

Name
Patrick Woodward Ii
Title
Treasurer
Phone
3049630690
Signed
2024-04-30

Preparer

Firm
Hess Stewart & Campbell Pllc
Address
940 4TH AVE STE 250, HUNTINGTON, WV 25701-1455
Preparer
Charles M Morris CPA
Phone
3045236464
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising and promotion 3,016 bank charges & fees 36 office supplies & software 3,228 travel 5,849 insurance 2,553 charitable contributions 20 cost of goods sold 3,781 membership/subscriptions, 731 employer payroll taxes 1,112 sound equipment 547 job supplies 3,354 meals & entertainment 1,709 musical licensing 1,828 repairs & maintenance 450 taxes & licenses 528 sales tax wv & htgn 1,825 equipment 1,707 contract labor 32,021 supplies/props/misc 4,146 decor/art 200 merchant services 450 other business expenses 89 total 69,180

Form 990-ez, Part II, Line 24

Prepaid payroll 0 111 prepaid payroll taxes 0 629 prepaid expenses 0 329 total 0 1,069

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 1,198 160 unsecured notes and loans payable 2,986 0 net payroll payable 440 0

Form 990-ez, Part III

To serve the public as a presenter of arts and entertainment for family audiences, to promote the arts and create a hub for creatives of the underservered appalachian region and to provide educational arts programming for the public and for area schools.

Form 990-ez, Part III, Line 28

To serve the public as a presenter of arts and entertainment for family audiences, to promote the arts and create a hub for creatives of the underservered appalachian region and to provide educational arts programming for the public and for area schools.

Raw XML Appendix155 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 3,016 BANK CHARGES & FEES 36 OFFICE SUPPLIES & SOFTWARE 3,228 TRAVEL 5,849 INSURANCE 2,553 CHARITABLE CONTRIBUTIONS 20 COST OF GOODS SOLD 3,781 MEMBERSHIP/SUBSCRIPTIONS, 731 EMPLOYER PAYROLL TAXES 1,112 SOUND EQUIPMENT 547 JOB SUPPLIES 3,354 MEALS & ENTERTAINMENT 1,709 MUSICAL LICENSING 1,828 REPAIRS & MAINTENANCE 450 TAXES & LICENSES 528 SALES TAX WV & HTGN 1,825 EQUIPMENT 1,707 CONTRACT LABOR 32,021 SUPPLIES/PROPS/MISC 4,146 DECOR/ART 200 MERCHANT SERVICES 450 OTHER BUSINESS EXPENSES 89 TOTAL 69,180
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PREPAID PAYROLL 0 111 PREPAID PAYROLL TAXES 0 629 PREPAID EXPENSES 0 329 TOTAL 0 1,069
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,198 160 UNSECURED NOTES AND LOANS PAYABLE 2,986 0 NET PAYROLL PAYABLE 440 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO SERVE THE PUBLIC AS A PRESENTER OF ARTS AND ENTERTAINMENT FOR FAMILY AUDIENCES, TO PROMOTE THE ARTS AND CREATE A HUB FOR CREATIVES OF THE UNDERSERVERED APPALACHIAN REGION AND TO PROVIDE EDUCATIONAL ARTS PROGRAMMING FOR THE PUBLIC AND FOR AREA SCHOOLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO SERVE THE PUBLIC AS A PRESENTER OF ARTS AND ENTERTAINMENT FOR FAMILY AUDIENCES, TO PROMOTE THE ARTS AND CREATE A HUB FOR CREATIVES OF THE UNDERSERVERED APPALACHIAN REGION AND TO PROVIDE EDUCATIONAL ARTS PROGRAMMING FOR THE PUBLIC AND FOR AREA SCHOOLS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0PATRICK WOODWARD II
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03049630690
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-04-30
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ReturnHeader/Filer/EIN0872383367
ReturnHeader/Filer/PhoneNum03049630690
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ReturnHeader/PreparerPersonGrp/PhoneNum03045236464
ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHARLES M MORRIS CPA
ReturnHeader/ReturnTs02025-05-13T14:29:53-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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