GRANDIN THEATRE FOUNDATION INC

EIN: 010557881 501(c)(3) Arts, Culture & Humanities

ROANOKE, VA

Total Revenue
$1,218,071
Total Expenses
$1,177,635
Total Assets
$2,759,544
Net Assets
$2,723,229
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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
VA
Principal Officer
IAN FORTIER
Phone
5403456377
Tax Period
2023-01-01 to 2023-12-31

GRANDIN THEATRE FOUNDATION INC, founded in 2002, is a small nonprofit in the Arts, Culture & Humanities sector that reported $916K in total revenue in fiscal year 2018.

Mission

TO PRESERVE THE HISTORIC GRANDIN THEATRE AS A CULTURAL AND EDUCATIONAL RESOURCE DEVOTED TO FILM AND THE CINEMATIC ARTS FOR WESTERN VIRGINIA.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $297,765
Program Service Revenue $891,721
Investment Income $28,585
Other Revenue $0
TOTAL REVENUE $1,218,071

Expense Breakdown

Grants Paid $0
Salaries & Benefits $420,266
Fundraising Expenses $39,319
Program Expenses $974,750
Other Expenses $757,369
TOTAL EXPENSES $1,177,635

Year-over-Year Comparison

2023 2022 Change
Revenue $1,218,071 $1,236,304 0.0%
Expenses $1,177,635 $938,647 +0.3%
Net Income $40,436 $297,657 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
15
Independent Members
15
Employees
31
Volunteers
50

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$90,163
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL HIGGINS PRESIDENT 2.00
Officer Director
$0 $0 $0
CHRIS DADAK VICE PRESIDE 2.00
Officer Director
$0 $0 $0
ANDY ANGUIANO TREASURER 2.00
Officer Director
$0 $0 $0
TANYA RIDPATH SECRETARY 2.00
Officer Director
$0 $0 $0
NATHAN SCHNETZLER IMMEDIATE PA 2.00
Officer Director
$0 $0 $0
MIMI COLES BOARD MEMBER 2.00
Director
$0 $0 $0
TOM LANDON BOARD MEMBER 2.00
Director
$0 $0 $0
LORI STRAUSS BOARD MEMBER 2.00
Director
$0 $0 $0
JOSH EAGAN BOARD MEMBER 2.00
Director
$0 $0 $0
NICK GUACHETA BOARD MEMBER 2.00
Director
$0 $0 $0
SHARON KENNEDY BOARD MEMBER 2.00
Director
$0 $0 $0
MONA RAZA BOARD MEMBER 2.00
Director
$0 $0 $0
JUSTIN SIMMONS BOARD MEMBER 2.00
Director
$0 $0 $0
SHEILA UMBERGER BOARD MEMBER 2.00
Director
$0 $0 $0
LON WAGONER BOARD MEMBER 2.00
Director
$0 $0 $0
IAN FORTIER EXECUTIVE DI 40.00
Officer
$90,163 $0 $90,163
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,218,071 $1,177,635 $2,759,544 $40,436
2022 $1,236,304 $938,647 $2,706,116 $297,657
2021 $1,456,785 $694,688 $2,532,010 $762,097
2020 $715,549 $535,187 $1,632,231 $180,362
2019 $1,224,363 $1,014,721 $1,493,144 $209,642
2018 $916,403 $929,089 $1,291,761 $-12,686
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