Waynesboro Community Theatre Project Inc

EIN: 474145121 501(c)(3) Arts, Culture & Humanities

Waynesboro, PA

Total Revenue
$66,790
Total Expenses
$91,750
Total Assets
$632,580
Net Assets
$630,604
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
PA
Principal Officer
Stephen Beck
Phone
7173872266
Tax Period
2023-01-01 to 2023-12-31

Waynesboro Community Theatre Project Inc, founded in 2015, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $67K in total revenue in fiscal year 2023. Revenue surged 38% from the prior year, signaling strong growth momentum. Expenses of $92K exceeded revenue, resulting in a 37% operating deficit.

Mission

To preserve a cinema theatre in Waynesboro as a crucial component of a vibrant downtown and overall community quality of life. Our goal is to renovate the existing closed theater into an attractive high quality facility which can be leased to a commercial theatre operator. In doing so, a self-sustaining community asset will be created that will further the economic vitality of the town as well as provide entertainment benefits to local families.

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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 $28,908
Program Service Revenue $62,215
Investment Income $7
Other Revenue $-24,340
TOTAL REVENUE $66,790

Expense Breakdown

Grants Paid $0
Salaries & Benefits $39,337
Fundraising Expenses $0
Program Expenses $89,246
Other Expenses $52,413
TOTAL EXPENSES $91,750

Year-over-Year Comparison

2023 2022 Change
Revenue $66,790 $48,473 +0.4%
Expenses $91,750 $95,976 0.0%
Net Income $-24,960 $-47,503 -0.5%
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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
11
Employees
8
Volunteers
15

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
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jackie Mowen Director 8.00
Director
$0 $0 $0
Renee Presco Director 8.00
Director
$0 $0 $0
Doug Tengler Director 8.00
Director
$0 $0 $0
Samee Ogle Director 8.00
Director
$0 $0 $0
Susan Grimes Director 8.00
Director
$0 $0 $0
Jim Bowersox Director 8.00
Director
$0 $0 $0
Rachel Grimm Director 8.00
Director
$0 $0 $0
Kristyn Benedict Martin Secretary 8.00
Officer
$0 $0 $0
Sheree Green President 8.00
Officer
$0 $0 $0
Robert Zimmerman Vice President 8.00
Officer
$0 $0 $0
Stephen Beck Treasurer 20.00
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 No data No data No data No data
2023 $66,790 $91,750 $632,580 $-24,960
2022 $48,473 $95,976 $670,845 $-47,503
2021 $88,537 $45,011 $703,067 $43,526
2020 $-13,354 $4,864 $659,541 $-18,218
2019 $-10,458 $1,242 $677,759 $-11,700
2018 $-9,354 $1,258 $689,459 $-10,612
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