Civic Intelligence

Coaster Theatre Productions

EIN 93-1327535 • 501(c)3 • Cannon Beach, OR

Profile

To produce stage plays and other live performances for educational purposes and for the benefit of the citizens of, and visitors to, the community of cannon beach, oregon.

PO Box 643Cannon Beach, OR 97110

www.coastertheatre.com

Siviq Scores

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

Liabilities / Assets

49th percentile

0.06x

Higher debt load relative to assets than 49% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

45th percentile

0.05x

Higher debt load relative to revenue than 45% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

95th percentile

77%

Higher net margin than 95% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

52nd percentile

$63,973

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

95th percentile

118%

Faster asset growth than 95% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

96th percentile

265%

Faster revenue growth than 96% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$2,030,046

Up $1,096,862 (+118%) from 2023

Liabilities

Down

$120,281

Down $605,122 (-83%) from 2023

Net Assets

Up

$1,909,765

Up $1,701,984 (+819%) from 2023

Revenue

Up

$2,220,547

Up $1,611,812 (+265%) from 2023

Expenses

Down

$518,563

Down $99,985 (-16%) from 2023

Net Income

Up

$1,701,984

Up $1,711,797 (+17444%) from 2023

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $151,793Liabilities 2010: $14,354Net Assets 2010: $137,4392010Assets 2011: $144,013Liabilities 2011: $34,004Net Assets 2011: $110,0092011Assets 2012: $117,400Liabilities 2012: $44,660Net Assets 2012: $72,7402012Assets 2013: $135,070Liabilities 2013: $63,217Net Assets 2013: $71,8532013Assets 2014: $126,899Liabilities 2014: $58,925Net Assets 2014: $67,9742014Assets 2015: $123,617Liabilities 2015: $46,395Net Assets 2015: $77,2222015Assets 2016: $142,001Liabilities 2016: $46,150Net Assets 2016: $95,8512016Assets 2017: $158,835Liabilities 2017: $41,125Net Assets 2017: $117,7102017Assets 2018: $192,750Liabilities 2018: $40,417Net Assets 2018: $152,3332018Assets 2019: $208,874Liabilities 2019: $64,723Net Assets 2019: $144,1512019Assets 2020: $243,773Liabilities 2020: $99,599Net Assets 2020: $144,1742020Assets 2021: $383,796Liabilities 2021: $77,210Net Assets 2021: $306,5862021Assets 2022: $312,085Liabilities 2022: $94,491Net Assets 2022: $217,5942022Assets 2023: $933,184Liabilities 2023: $725,403Net Assets 2023: $207,7812023Assets 2024: $2,030,046Liabilities 2024: $120,281Net Assets 2024: $1,909,7652024

Highlighted filing

2024

Assets$2,030,046
Liabilities$120,281
Net Assets$1,909,765

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $394,4672010Expenses 2011: $437,4362011Revenue 2012: $389,333Expenses 2012: $426,602Net Income 2012: -$37,2692012Revenue 2013: $360,937Expenses 2013: $361,824Net Income 2013: -$8872013Revenue 2014: $357,576Expenses 2014: $361,455Net Income 2014: -$3,8792014Revenue 2015: $399,399Expenses 2015: $390,151Net Income 2015: $9,2482015Revenue 2016: $396,349Expenses 2016: $377,720Net Income 2016: $18,6292016Revenue 2017: $427,318Expenses 2017: $405,459Net Income 2017: $21,8592017Revenue 2018: $439,148Expenses 2018: $404,525Net Income 2018: $34,6232018Revenue 2019: $388,512Expenses 2019: $396,694Net Income 2019: -$8,1822019Revenue 2020: $256,698Expenses 2020: $256,675Net Income 2020: $232020Revenue 2021: $409,011Expenses 2021: $246,599Net Income 2021: $162,4122021Revenue 2022: $594,860Expenses 2022: $683,852Net Income 2022: -$88,9922022Revenue 2023: $608,735Expenses 2023: $618,548Net Income 2023: -$9,8132023Revenue 2024: $2,220,547Expenses 2024: $518,563Net Income 2024: $1,701,9842024

Highlighted filing

2024

Revenue$2,220,547
Expenses$518,563
Net Income$1,701,984

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.03$0.12$1.91$2.22$0.52$1.70
2023Summary only. Only limited summary data is available for this year.$0.93$0.73$0.21$0.61$0.62$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.09$0.22$0.59$0.68$0.09
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.38$0.08$0.31$0.41$0.25$0.16
2020Summary only. Only limited summary data is available for this year.$0.24$0.10$0.14$0.26$0.26$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.21$0.06$0.14$0.39$0.40$0.01
2018Summary only. Only limited summary data is available for this year.$0.19$0.04$0.15$0.44$0.40$0.03
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.04$0.12$0.43$0.41$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.14$0.05$0.10$0.40$0.38$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.12$0.05$0.08$0.40$0.39$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.13$0.06$0.07$0.36$0.36$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.14$0.06$0.07$0.36$0.36$0.00
2012Summary only. Only limited summary data is available for this year.$0.12$0.04$0.07$0.39$0.43$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$0.03$0.11$0.44
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.01$0.14$0.39
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 7, 2025
Return Version
2024v5.0
Gross Receipts
$2,220,547
Mission and Program Overview

Mission

To produce stage plays and other live performances for educational purposes and for the benefit of the citizens of, and visitors to, the community of cannon beach, oregon.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$66,651$1,717,575▲ $1,650,924
Cash and Non-Interest-Bearing Accounts$824,647$294,862▼ $529,785
Prepaid Expenses and Deferred Charges$29,302$16,245▼ $13,057
Accounts Receivable$12,584$1,364▼ $11,220
Total Assets$933,184$2,030,046▲ $1,096,862
Liabilities
Other Liabilities$705,787$108,248▼ $597,539
Accounts Payable and Accrued Expenses$19,616$12,033▼ $7,583
Total Liabilities$725,403$120,281▼ $605,122
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$207,781$1,909,765▲ $1,701,984
Total Net Assets Fund Balance$207,781$1,909,765▲ $1,701,984
Total Liabilities and Net Assets / Fund Balance$933,184$2,030,046▲ $1,096,862

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$844,553-$844,553
Land$825,447-$825,447
Equipment$358,273-$358,273
Other Land Buildings$-310,698$310,698-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Patrick LathropExecutive DiFT$63,973$63,973

Board Members and Trustees

NameTitle
David SweeneyPresident
Bryan ChurchillDirector
Jim GreyDirector
Rhonda WarnackDirector
Cathey RyanSecretary
Laura FreedmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,939,823
Program Service Revenue
$254,694
Investment Income
$26,030
Other Revenue
$0
All Other Contributions
$1,925,772
Change in Net Assets
$1,701,984

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Real Estate Commercial2$1,078,990
Total Noncash Contributions2$1,078,990
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$357,895
Salaries, Compensation, and Employee Benefits$160,668
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$70,422--$70,422
Current Officers, Directors, Trustees, and Key Employees$63,972--$63,972
Occupancy$38,670--$38,670
Depreciation Depletion$24,083--$24,083
All Other Expenses$16,916$75-$16,991
Fees for Services Accounting$16,691--$16,691
Other Employee Benefits$15,054--$15,054
Insurance$13,275--$13,275
Payroll Taxes$11,220--$11,220
Other Expenses$8,270$8,586-$8,270
Interest$2,208--$2,208
Total Functional Expenses$509,902$8,661$0$518,563
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Sba Business Loan-covid$42,900
Unearned Income - Misc Grants$39,892
Accrued Vacation$8,592
Miscellaneous Accruals$7,966
U.s. Bank$7,428
Unearned Income - Raffles/tickets$1,400
Gift Certificates Sold$70
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, Page 6, Part VI, Line 11B

The 990 is reviewed by the bookkeeper and a third party before it is provided to the executive director for review and signature.

Form 990, Page 6, Part VI, Line 19

Form ct-12 is available through the oregon department of justice.

Filing and Contact Details

Filer

Filer Name
Coaster Theatre Productions
EIN
93-1327535
Phone
5034360609
Address
PO BOX 643, CANNON BEACH, OR 97110
Doing Business As
Coaster Theatre Playhouse

Signing Officer

Name
Patrick Lathrop
Title
Executive Director
Phone
5034360609
Signed
2025-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patrick Lathrop
Formed
2001
Legal Domicile
Or
Voting Board Members
7
Independent Board Members
7
Employees
4
Volunteers
86

Preparer

Firm
Fellner & Kuhn
Address
525 3RD STREET SUITE 200, LAKE OSWEGO, OR 97034
Preparer
Douglas a Lacher CPA
Phone
5032270443
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Various volunteers throughout the year that helped as theater ushers for different productions.

Form 990, Page 2, Part III, Line 4D

To produce stage plays and other live performances for educational purposes and for the benefit of the citizens of, and visitors to, the community of cannon beach, oregon.

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The endowment fund is used to support the theatre's productions and activities.

Raw XML AppendixShowing 400 of 433 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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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED VACATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3MISCELLANEOUS ACCRUALS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4U.S. BANK
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5UNEARNED INCOME - RAFFLES/TICKETS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc6GIFT CERTIFICATES SOLD
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ENDOWMENT FUND IS USED TO SUPPORT THE THEATRE'S PRODUCTIONS AND ACTIVITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VARIOUS VOLUNTEERS THROUGHOUT THE YEAR THAT HELPED AS THEATER USHERS FOR DIFFERENT PRODUCTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TO PRODUCE STAGE PLAYS AND OTHER LIVE PERFORMANCES FOR EDUCATIONAL PURPOSES AND FOR THE BENEFIT OF THE CITIZENS OF, AND VISITORS TO, THE COMMUNITY OF CANNON BEACH, OREGON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 990 IS REVIEWED BY THE BOOKKEEPER AND A THIRD PARTY BEFORE IT IS PROVIDED TO THE EXECUTIVE DIRECTOR FOR REVIEW AND SIGNATURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM CT-12 IS AVAILABLE THROUGH THE OREGON DEPARTMENT OF JUSTICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
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