BLACKSTONE RIVER THEATRE

EIN: 050493733 501(c)(3) Arts, Culture & Humanities

CUMBERLAND, RI

Total Revenue
$213,507
Total Expenses
$387,229
Total Assets
$865,099
Net Assets
$865,019
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
RI
Principal Officer
PETER LANGTON
Phone
4017259272
Tax Period
2023-01-01 to 2023-12-31

BLACKSTONE RIVER THEATRE, founded in 1997, is a small nonprofit in the Arts, Culture & Humanities sector that reported $214K in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $387K exceeded revenue, resulting in a 81% operating deficit.

Mission

NONE

Program Service Accomplishments

Program 1
Expenses: $277,426 Revenue: $158,380

AS A CULTURAL ARTS CENTER, THE MUSICAL HERITAGE OF THE BLACKSTONE VALLEY, AS WELL AS WORLD, ROOTS MUSIC, AND MORE HAVE FOUND A HOME AT BLACKSTONE RIVER THEATRE SINCE 2000. IN ADDITION TO WEEKLY...

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AS A CULTURAL ARTS CENTER, THE MUSICAL HERITAGE OF THE BLACKSTONE VALLEY, AS WELL AS WORLD, ROOTS MUSIC, AND MORE HAVE FOUND A HOME AT BLACKSTONE RIVER THEATRE SINCE 2000. IN ADDITION TO WEEKLY CONCERT PROGRAMMING, BRT OFFERS OCCASIONAL CHILDREN'S SHOWS AND PARTICIPATORY DANCES. BRT ALSO FEATURES AN ART GALLERY OF ROTATING WORK THAT SHOWCASES LOCAL ARTISTS. AS AN ARTS EDUCATION CENTER, BRT OFFERS THE OPPORTUNITY FOR MEMBERS OF THE COMMUNITY TO ACTIVELY PARTICIPATE IN THE ARTS THROUGH HERITAGE ARTS STUDIO CLASSES AND WORKSHOPS. BELIEVING THAT THE ARTS HELP CULTURES CONNECT, BLACKSTONE RIVER THEATRE IS DEDICATED TO IMPROVING ARTS AWARENESS AND PROVIDING PERFORMANCE AND LEARNING OPPORTUNITIES FOR DIVERSE PARTICIPANTS. AS A COMMUNITY CENTER, BRT DONATES OR AFFORDABLY RENTS OUT ITS SPACE FOR BOTH PUBLIC AND PRIVATE FUNCTIONS WHEN ITS PROGRAMMING SCHEDULE ALLOWS. THE TRADITIONAL AND FOLK ARTS, HANDED DOWN FROM ONE GENERATION TO THE NEXT OVER TIME AND PLACE, ARE A POWERFUL VEHICLE FOR CONVEYING THE LEGACY OF A COMMUNITY. GIVING A SPACE FOR THIS TO HAPPEN IS CORE TO THE MISSION OF BLACKSTONE RIVER THEATRE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $39,241
Program Service Revenue $147,298
Investment Income $15,886
Other Revenue $11,082
TOTAL REVENUE $213,507

Expense Breakdown

Grants Paid $0
Salaries & Benefits $80,492
Fundraising Expenses $13,610
Program Expenses $277,426
Other Expenses $306,737
TOTAL EXPENSES $387,229

Year-over-Year Comparison

2023 2022 Change
Revenue $213,507 $175,907 +0.2%
Expenses $387,229 $362,502 +0.1%
Net Income $-173,722 $-186,595 -0.1%
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
12
Employees
2
Volunteers
20

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
5
$72,538
Total Directors
13
$72,538
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PETER LANGTON CHAIR 2.00
Officer Director
$0 $0 $0
MICHELLE BAKER VICE CHAIR 2.00
Officer Director
$0 $0 $0
TIMOTHY DRAPER TREASURER 2.00
Officer Director
$0 $0 $0
LINDA ZELENSKI SECRETARY 2.00
Officer Director
$0 $0 $0
GEORGE H GIFFORD III BOARD MEMBER 1.00
Director
$0 $0 $0
ANNE CONWAY BOARD MEMBER 1.00
Director
$0 $0 $0
CATHY CLASPER-TORCH BOARD MEMBER 1.00
Director
$0 $0 $0
E CRAIG DWYER BOARD MEMBER 1.00
Director
$0 $0 $0
KELLEY LENNON SCHIMMEL BOARD MEMBER 1.00
Director
$0 $0 $0
GRAHAM MELLOR BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES E QUINN BOARD MEMBER 1.00
Director
$0 $0 $0
AARON USHER BOARD MEMBER 1.00
Director
$0 $0 $0
RUSSELL GUSETTI EXECUTIVE DIRECTOR 40.00
Officer Director
$70,000 $2,538 $72,538
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 $213,507 $387,229 $865,099 $-173,722
2022 $175,907 $362,502 $973,720 $-186,595
2021 $958,097 $265,075 $1,072,016 $693,022
2020 $209,452 $152,341 $352,140 $57,111
2019 $298,242 $225,137 $295,109 $73,105
2018 $204,320 $222,974 $223,815 $-18,654
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