Civic Intelligence

Allens Community Theatre

990 • Fiscal year 2020 • EIN 90-0773722

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 09, 2021

1210 East Main Street Suite 300Allen, TX 75002

(214) 544-7522

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

32nd percentile

-6.0%

Higher net margin than 32% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$400

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.5% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

32nd percentile

-5.8%

Faster asset growth than 32% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

24th percentile

-47%

Faster revenue growth than 24% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$96,532

Down $5,908 (-5.8%) from 2019

Net Assets

Down

$96,532

Down $5,908 (-5.8%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$76,279

Down $66,947 (-47%) from 2019

Expenses

Down

$80,891

Down $65,153 (-45%) from 2019

Net Income

Down

-$4,612

Down $1,794 (-64%) from 2019

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0-$50KAssets 2013: $0Liabilities 2013: $02013Assets 2014: $40,453Liabilities 2014: -$2602014Assets 2015: $117,236Liabilities 2015: $0Net Assets 2015: $117,2362015Assets 2016: $100,122Liabilities 2016: $0Net Assets 2016: $100,1222016Assets 2017: $95,311Liabilities 2017: $0Net Assets 2017: $95,3112017Assets 2018: $104,149Liabilities 2018: $0Net Assets 2018: $104,1492018Assets 2019: $102,440Liabilities 2019: $0Net Assets 2019: $102,4402019Assets 2020: $96,532Liabilities 2020: $0Net Assets 2020: $96,5322020Assets 2021: $82,205Liabilities 2021: $0Net Assets 2021: $82,2052021Assets 2022: $73,291Liabilities 2022: $0Net Assets 2022: $73,2912022Assets 2023: $104,787Liabilities 2023: $224Net Assets 2023: $104,5632023Assets 2024: $126,981Liabilities 2024: $1,046Net Assets 2024: $125,9352024

Highlighted filing

2020

Assets$96,532
Liabilities$0
Net Assets$96,532

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2013: $10,310Expenses 2013: $13,287Net Income 2013: -$2,9772013Revenue 2014: $114,150Expenses 2014: $86,017Net Income 2014: $28,1332014Revenue 2015: $214,103Expenses 2015: $140,675Net Income 2015: $73,4282015Revenue 2016: $125,645Expenses 2016: $139,443Net Income 2016: -$13,7982016Revenue 2017: $136,312Expenses 2017: $141,198Net Income 2017: -$4,8862017Revenue 2018: $143,788Expenses 2018: $136,988Net Income 2018: $6,8002018Revenue 2019: $143,226Expenses 2019: $146,044Net Income 2019: -$2,8182019Revenue 2020: $76,279Expenses 2020: $80,891Net Income 2020: -$4,6122020Revenue 2021: $89,090Expenses 2021: $102,919Net Income 2021: -$13,8292021Revenue 2022: $143,914Expenses 2022: $152,828Net Income 2022: -$8,9142022Revenue 2023: $205,139Expenses 2023: $173,867Net Income 2023: $31,2722023Revenue 2024: $209,259Expenses 2024: $187,887Net Income 2024: $21,3722024

Highlighted filing

2020

Revenue$76,279
Expenses$80,891
Net Income-$4,612
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 9, 2021
Return Version
2020v4.0
Gross Receipts
$76,279
Mission and Program Overview

Mission

Allen Contemporary Theatre seeks to entertain and enrich the cultural life of the community through a wide variety of challenging and creative theatrical experiences that welcome all who wish to participate, help, or express themselves.

Allen's Community Theatre seeks to entertain and enrich the cultural life of the community through a wide variety of challenging and creative theatrical experiences. We welcome all who wish to participate, help, or express themselves through theatre, both on and off stage.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$102,440$96,532▼ $5,908
Savings and Temporary Cash Investments$82,236$87,414▲ $5,178
Cash and Non-Interest-Bearing Accounts$20,204$9,118▼ $11,086
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
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$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$102,440$96,532▼ $5,908
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--
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
Total Net Assets Fund Balance$102,440$96,532▼ $5,908
Total Liabilities and Net Assets / Fund Balance$102,440$96,532▼ $5,908
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
LaMar GrahamFacilities ManagerPT$400$400
Deborah StephensonConcessions ManagerPT$100$100

Board Members and Trustees

NameTitle
Robyn MeadPresident
Joseph BarrVice President
Kristina RosetteAt Large
Madison TurnerAt Large
Douglas SmetzerFacilities Manager
Melinda CottonNewsletter
Rene ShinavarReservations Manager
Gena GrahamSecretary
Cheryll ShinavarTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$63,879
Program Service Revenue
$12,021
Investment Income
$379
Other Revenue
$0
All Other Contributions
$54,018
Change in Net Assets
$-4,612
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$80,391
Salaries, Compensation, and Employee Benefits$500
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$68,948$0$0$68,948
Information Technology$5,140$0$0$5,140
Other Expenses$3,002$0$0$3,002
Advertising$2,903$0$0$2,903
Current Officers, Directors, Trustees, and Key Employees$500$0$0$500
Fees for Services Other$400$0$0$400
Office Expenses$263$0$0$263
Royalties$-2,133$0$0$-2,133
Total Functional Expenses$80,891$0$0$80,891
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$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

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
No
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

The Secretary Gena Graham and the Facilities Manager LaMar Graham are husband and wife. The Treasurer Cheryll Shinavar and the Reservations Manager Rene Shinavar are husband and wife.

Form 990, Part VI, Section B, Line 11B

The Treasurer and another board member worked together to compile and record the information needed for the Form 990 and its schedules. The finished form and schedules were circulated to the rest of the board by email for their review and approval.

Form 990, Part VI, Section C, Line 19

Allen's Community Theatre made its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Allens Community Theatre
EIN
90-0773722
Phone
2145447522
Address
1210 East Main Street Suite 300, Allen, TX 75002

Signing Officer

Name
Cheryll Shinavar
Title
Treasurer
Phone
2145447522
Signed
2021-11-09

Organization Details

Principal Officer
Robyn Mead
Formed
2012
Legal Domicile
TX
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
75
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 15

The expense amount for royalties is negative due to refund of royalties paid in 2019 but refunded in 2020.

Form 990, Part XI, Line 9

Cancelling most of our theatrical season due to Covid restrictions and lockdowns led to numerous refunds and exchanges for tickets and subscriptions. Amid the complications of these arrangments, we now find that we did keep complete enough records to accurately reflect the effects of our losses on the balances in QuickBooks.

Raw XML AppendixShowing 400 of 674 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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IRS990/Form990PartVIISectionAGrp/PersonNm2Robyn Mead
IRS990/Form990PartVIISectionAGrp/PersonNm3Joseph Barr
IRS990/Form990PartVIISectionAGrp/PersonNm4Gena Graham
IRS990/Form990PartVIISectionAGrp/PersonNm5Cheryll Shinavar
IRS990/Form990PartVIISectionAGrp/PersonNm6Rene Shinavar
IRS990/Form990PartVIISectionAGrp/PersonNm7Douglas Smetzer
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IRS990/Form990PartVIISectionAGrp/TitleTxt1Concessions Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt2President
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IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt6Reservations Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt7Facilities Manager
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IRS990/MinutesOfCommitteesInd01
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