DORSET THEATRE FESTIVAL INC

EIN: 030267296 501(c)(3) Arts, Culture & Humanities

DORSET, VT

Total Revenue
$1,657,204
Total Expenses
$1,489,864
Total Assets
$2,357,535
Net Assets
$2,305,911
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Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
VT
Principal Officer
DIANA STUGGER
Phone
8028672223
Tax Period
2024-01-01 to 2024-12-31

DORSET THEATRE FESTIVAL INC, founded in 1980, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.7M in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $1.5M left a modest 10% surplus.

Mission

DORSET THEATRE FESTIVAL., INC.'s mission is to create bold, innovative, and authentic theatre that engages a diverse, multi-generational community, and economically diverse region: enlightening, entertraining, and inspiring our audience through the celebration of great plays.

Program Service Accomplishments

Program 1
Expenses: $1,255,460

FROM JUNE TO SEPTEMBER, THE FESTIVAL MOUNTS FOUR MAIN STAGE PRODUCTIONS DRAWING FROM SOME OF THE COUNTRY'S MOST TALENTED PLAYWRIGHTS, ACTORS AND DIRECTORS.***UNDER THE RECENT LEADERSHIP OF EXECUTIVE...

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FROM JUNE TO SEPTEMBER, THE FESTIVAL MOUNTS FOUR MAIN STAGE PRODUCTIONS DRAWING FROM SOME OF THE COUNTRY'S MOST TALENTED PLAYWRIGHTS, ACTORS AND DIRECTORS.***UNDER THE RECENT LEADERSHIP OF EXECUTIVE ARTISTIC DIRECTOR WILL RUCKER, THE FESTIVAL IS CHANGING THE LANDSCAPE OF REGIONAL THEATRE. BOLD AND INNOVATIVE, DORSET THEATRE FESTIVAL IS GARNERING ACCOLADES FOR ITS COMMITMENT TO NEW PLAY DEVELOPMENT AND IS PROUD TO ENCOURAGE A NEW GENERATION OF PLAYWRIGHTS TO TEST THEIR VOICES HERE. WE DISCOVER NEW TALENT. WE LAUNCH PLAYS THAT GO ON TO NATIONAL ACCLAIM AND THE LIGHTS OF BROADWAY, AS WELL AS MOUNT REGIONAL PREMIERES OF TONY AWARD-WINNING PLAYS TO BRING THE BEST OF OFF-BROADWAY TO VERMONT.***SINCE 2010, OUR GIVING BACK PROGRAM HAS HELPED EXPAND THE REACH OF OUR PRODUCTIONS AND EDUCATIONAL INITIATIVES BY PROVIDING FREE AND REDUCED-COST TICKETS TO THOSE WHO SERVE OUR COMMUNITY EVERYDAY AND THEIR FAMILIES. THESE EFFORTS REACH A NEW GENERATION OF THEATRE AUDIENCES BY PROVIDING PATHWAYS FOR ALL MEMBERS OF OUR COMMUNITY TO SEE WORLD-CLASS THEATRE. EMS WORKERS, FIREFIGHTERS, POLICE, VETERANS AND ACTIVE-DUTY MILITARY, FARMERS, SPECIAL NEEDS COMMUNITY MEMBERS, STUDENT GRADUATES OF THE REFUSE TO USE PROGRAM, HABITAT FOR HUMANITY FAMILIES AND VOLUNTEERS AND NEIGHBOR TO NEIGHBOR VOLUNTEERS.***IN ADDITION, SINCE 2021 THE FESTIVAL HAS OFFERED BUY-ONE-GET ONE TICKETS TO EDUCATORS, AN AFFORDABLE TICKET LOTTERY FOR ALL PERFORMANCES, AND COMPLIMENTARY SPONSORSHIPS TO MINORITY-LED BUSINESSES AND GROUPS THROUGH THE COMMUNITY INCLUSION PARTNERSHIP PROGRAM.***DORSET THEATRE FESTIVAL'S NEW PLAY DEVELOPMENT PROGRAMS WORKS WITH PLAYWRIGHTS FROM CONCEPTION TO PRODUCTION, PROVIDING AN INCUBATOR TO HELP NURTURE NEW VOICES TO SPEAK FROM THEIR OWN EXPERIENCE, ENGAGING IDEAS THAT COME FROM AND RETURN TO OUR COMMUNITY.***THE PIPELINE SERIES FEATURES NEW WORKS AND PROJECTS IN PROCESS THROUGH A VARIETY OF PRESENTATION AND WORKSHOP STYLES. ONE-NIGHT-ONLY PRESENTATIONS, WRITER RESIDENCIES, AND EXTENDED WORKSHOPS BENEFIT. TODAY'S TOP THEATRICAL TALENTS, AS THEY TRAVEL TO DORSET TO WORK ON BRAND NEW PLAYS OR TO TRY OUT BRAND NEW COLLABORATIONS. MANY OF THE PLAYS IN THE SERIES WILL BE FEATURED IN FUTURE DORSET THEATRE MAIN STAGE SEASONS. CONNECTING ARTISTS TO THE FESTIVAL THROUGH THIS DEVELOPMENT OPPORTUNITY MEANS OUR AUDIENCE CAN SAY THEY WERE HERE WHEN HITS WERE BORN.***

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $881,729
Program Service Revenue $630,478
Investment Income $144,997
Other Revenue $0
TOTAL REVENUE $1,657,204

Expense Breakdown

Grants Paid $0
Salaries & Benefits $309,431
Fundraising Expenses $143,859
Program Expenses $1,255,460
Other Expenses $1,180,433
TOTAL EXPENSES $1,489,864

Year-over-Year Comparison

2024 2023 Change
Revenue $1,657,204 $1,356,042 +0.2%
Expenses $1,489,864 $1,392,738 +0.1%
Net Income $167,340 $-36,696 -5.6%
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
13
Independent Members
13
Employees
91
Volunteers
70

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
7
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CONSTANCE P BEATY BOARD CHAIR 2.00
Officer Director
$0 $0 $0
MARY-ANNE VAN DEGNA President 2.00
Officer Director
$0 $0 $0
TOBY BARCLAY Vice President 2.00
Officer Director
$0 $0 $0
DENNIS BOLIN Secretary 2.00
Officer Director
$0 $0 $0
DIANA STUGGER Treasurer 2.00
Officer Director
$0 $0 $0
SEAN DILLON Trustee 1.00
Director
$0 $0 $0
MARGARET DUNN Trustee 1.00
Director
$0 $0 $0
MARY GERSTER Trustee 1.00
Director
$0 $0 $0
RICK JACKSON Trustee 1.00
Director
$0 $0 $0
JILL LAYMAN Trustee 1.00
Director
$0 $0 $0
PATRICIA NELSON Trustee 1.00
Director
$0 $0 $0
ANNIE KEATING Trustee 1.00
Director
$0 $0 $0
CRAIG ROBERTS Trustee 1.00
Director
$0 $0 $0
RYAN KOSS MANAGING DIR. 40.00
Officer
$0 $0 $0
JOHN RUCKER EXEC ART DIRECT 40.00
Officer
$0 $0 $0
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 $1,657,204 $1,489,864 $2,357,535 $167,340
2023 $1,356,042 $1,392,738 $2,163,519 $-36,696
2022 $2,145,714 $1,335,673 $2,225,609 $810,041
2021 $452,595 $118,653 $1,584,499 $333,942
2021 $1,173,068 $1,048,706 $1,274,756 $124,362
2020 $502,353 $396,672 $1,164,816 $105,681
2019 $1,197,469 $991,921 $941,785 $205,548
2018 $936,706 $953,291 $724,379 $-16,585
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