CHAGRIN VALLEY LITTLE THEATRE

EIN: 237150715 501(c)(3) Arts, Culture & Humanities

CHAGRIN FALLS, OH

Total Revenue
$545,043
Total Expenses
$427,507
Total Assets
$1,992,246
Net Assets
$1,824,547
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1944
Legal Domicile
OH
Principal Officer
VALERIE HUGHES
Phone
4402478955
Tax Period
2024-09-01 to 2025-08-31

CHAGRIN VALLEY LITTLE THEATRE, founded in 1944, is a small nonprofit in the Arts, Culture & Humanities sector that reported $545K in total revenue in fiscal year 2024. Revenue surged 36% from the prior year, signaling strong growth momentum. The organization ran a surplus of $118K, a strong 22% operating margin.

Mission

TO ENRICH THE CULTURAL LIFE OF THE CHAGRIN VALLEY AND NORTHEAST OHIO. THROUGH THE PRODUCTION OF LIVE THEATRE AND RELATED PROGRAMMING, IT ADVANCES THE SKILLS OF INDIVIDUALS WITHIN THE PERFORMING ARTS AND PROVIDES EDUCATIONAL AND OUTREACH PROGRAMS TO THE COMMUNITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $248,003
Program Service Revenue $291,551
Investment Income $5,489
Other Revenue $0
TOTAL REVENUE $545,043

Expense Breakdown

Grants Paid $0
Salaries & Benefits $77,920
Fundraising Expenses $37,712
Program Expenses $333,438
Other Expenses $342,087
TOTAL EXPENSES $427,507

Year-over-Year Comparison

2024 2023 Change
Revenue $545,043 $400,528 +0.4%
Expenses $427,507 $431,891 0.0%
Net Income $117,536 $-31,363 -4.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
6
Volunteers
225

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
4
$0
Total Directors
15
$2,300
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TOM JONES BOARD MEMBER 1.00
Director
$1,450 $0 $1,450
MASON STUART BOARD MEMBER 1.00
Director
$850 $0 $850
SUE BEATTIE BOARD MEMBER 1.00
Director
$0 $0 $0
CINDEE CATALANO-EDELMAN SECRETARY 3.00
Officer Director
$0 $0 $0
DELL DUNCAN BOARD MEMBER 1.00
Director
$0 $0 $0
AMY GRANT BOARD MEMBER 1.00
Director
$0 $0 $0
VALERIE HUGHES TREASURER 3.00
Officer Director
$0 $0 $0
ALLIE MORRISON BOARD MEMBER 1.00
Director
$0 $0 $0
HELEN RIZI BOARD MEMBER 1.00
Director
$0 $0 $0
NANCY ROGOFF BOARD MEMBER 1.00
Director
$0 $0 $0
ELISABETH ROTER BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE SAVANYU VICE PRESIDE 3.00
Officer Director
$0 $0 $0
DOUG VANEK BOARD MEMBER 1.00
Director
$0 $0 $0
TOD WHITE BOARD MEMBER 1.00
Director
$0 $0 $0
JOANNE ZETTL PRESIDENT 3.00
Officer Director
$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
2025 $545,043 $427,507 $1,992,246 $117,536
2024 $400,528 $431,891 $1,883,660 $-31,363
2023 $475,768 $449,464 $1,957,580 $26,304
2022 $356,977 $347,887 $1,914,388 $9,090
2021 $321,600 $146,862 $1,890,631 $174,738
2020 $321,643 $300,026 $1,717,169 $21,617
2019 $437,793 $444,108 $1,751,166 $-6,315
2018 $598,956 $564,617 $1,774,821 $34,339
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