CONTEMPORARY AMERICAN THEATER FESTIVAL

EIN: 550711349 501(c)(3) Arts, Culture & Humanities

SHEPHERDSTOWN, WV

Total Revenue
$3,859,473
Total Expenses
$2,228,270
Total Assets
$3,062,742
Net Assets
$2,909,530
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
WV
Principal Officer
ANN HARKINS
Phone
6812404043
Tax Period
2023-01-01 to 2023-12-31

CONTEMPORARY AMERICAN THEATER FESTIVAL, founded in 1991, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.9M in total revenue in fiscal year 2023. Revenue surged 3384% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.6M, a strong 42% operating margin.

Mission

THEATER AND OTHER CONTEMPORARY ARTS

Program Service Accomplishments

Program 1
Expenses: $1,716,865 Revenue: $531,716

IN 2023, CATF CONTINUED TO BUILD BACK ITS AUDIENCE BASE POST-PANDEMIC AND INCREASED TICKET SALES ABOVE THE PRIOR YEAR. THE SUMMER FESTIVAL SEASON INCLUDED FIVE NEW PLAYS EXPLORING PRIVATIZED SPACE...

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IN 2023, CATF CONTINUED TO BUILD BACK ITS AUDIENCE BASE POST-PANDEMIC AND INCREASED TICKET SALES ABOVE THE PRIOR YEAR. THE SUMMER FESTIVAL SEASON INCLUDED FIVE NEW PLAYS EXPLORING PRIVATIZED SPACE EXPLORATION, ARTIFICIAL INTELLIGENCE, REDEMPTION IN THE WAKE OF A HATE CRIME, THE MEANING OF LIFE AND DEATH, AND THE COST OF LONG-HELD SECRETS. THIS WAS THE FIRST SEASON SELECTED BY ARTISTIC DIRECTOR PEGGY MCKOWEN AND - FOR THE FIRST TIME IN CATF'S HISTORY - EACH PRODUCTION WAS A WORLD-PREMIERE. THE SEASON WAS WELL-RECEIVED BY CRITICS AND AUDIENCES ALIKE AND WAS MADE POSSIBLE BY THE COLLABORATIVE EFFORTS OF 130 ARTISTS. CATF RETURNED TO OFFERING A LARGE SELECTION OF TALKTHEATER EVENTS EXPLORING THE THEMES OF THE PLAYS AND PROVIDING OPPORTUNITIES FOR INTERACTION BETWEEN ARTISTS AND AUDIENCES. HIGHLIGHTS INCLUDED A LECTURE BY NASA SCIENTISTS, A WEEKLY BRUNCH WITH THE CATF ARTISTIC DIRECTOR AT A LOCAL BISTRO, AND A CONVERSATION WITH TWO WRITERS ABOUT THE DIFFERENCES BETWEEN WRITING FOR THE STAGE AND SCREEN. CATF CONTINUED TO ADHERE TO EVOLVING COVID SAFETY PROTOCOLS, INCLUDING OFFERING SEVERAL MASKED PERFORMANCES TO ACCOMMODATE DIFFERENT COMFORT LEVELS AMONG AUDIENCES. CASES OF COVID WERE RARE AMONG STAFF MEMBERS AND SPREAD WAS PREVENTED BY TESTING, ISOLATION, AND MASKING. NO PERFORMANCES WERE CANCELED DUE TO COVID.OUTSIDE OF THE SUMMER FESTIVAL, CATF ALSO PRODUCED A FALL READING SERIES FEATURING TWO STAGED READINGS OF WORK UNDER CONSIDERATION FOR THE UPCOMING YEAR AND COMMISSIONED A NEW PLAY INSPIRED BY THE LIVES AND STORIES OF LOCAL RESIDENTS OF SHEPHERDSTOWN, WV.CATF WAS GIFTED A HISTORIC CHURCH BUILDING AND CHURCHYARD DATING BACK TO THE LATE 1700S WHEN IN EARLY 2023 THE CHRIST REFORMED UNITED CHURCH OF CHRIST CONGREGATION DECIDED TO DISBAND. THIS IS SIGNIFICANT AS IT MARKS THE FIRST TIME CATF HAS OWNED REAL PROPERTY AND CREATES THE OPPORTUNITY FOR CATF TO INCREASE ITS YEAR-ROUND PROGRAMMING. CATF INTENDS TO BE A GOOD STEWARD OF THIS LOCAL ASSET AND RENOVATE THE THEATER OVER THE COURSE OF THE COMING YEARS TO BE A THEATER AND COMMUNITY SPACE THAT CAN BE USED BY OTHER ORGANIZATIONS. SINCE THE FESTIVAL'S FOUNDING IN 1991, CATF HAS GROWN IN NATIONAL REPUTATION AND IS HIGHLY REGARDED AS ONE OF AMERICA'S IMPORTANT NEW PLAY DEVELOPMENT CENTERS. EACH YEAR PATRONS COME FROM OVER 38 STATES AND MULTIPLE COUNTRIES TO PARTICIPATE IN THE BIRTH OF DARING NEW WORK. NUMEROUS REVIEWS, ARTICLES, AND FEATURE STORIES HAVE APPEARED IN MEDIA VENUES ACROSS THE COUNTRY, INCLUDING THE WASHINGTON POST, THE BALTIMORE SUN, NATIONAL PUBLIC RADIO, THE WALL STREET JOURNAL, THE NEW YORK TIMES, AMERICAN THEATRE MAGAZINE, AND THE NEW YORKER.

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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 $3,295,730
Program Service Revenue $543,116
Investment Income $3,829
Other Revenue $16,798
TOTAL REVENUE $3,859,473

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,358,519
Fundraising Expenses $236,682
Program Expenses $1,716,865
Other Expenses $793,002
TOTAL EXPENSES $2,228,270

Year-over-Year Comparison

2023 2022 Change
Revenue $3,859,473 $110,763 +33.8%
Expenses $2,228,270 $127,548 +16.5%
Net Income $1,631,203 $-16,785 -98.2%
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
29
Independent Members
28
Employees
110
Volunteers
64

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
$216,931
Total Directors
29
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARELLEN AHERNE PRESIDENT 2.00
Officer Director
$0 $0 $0
STEPHANIE MATHIAS VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
CB BABCOCK TRUSTEE 1.00
Director
$0 $0 $0
ANN M HARKINS TREASURER 1.00
Officer Director
$0 $0 $0
ALAN N YOUNT SECRETARY 1.00
Officer Director
$0 $0 $0
PRAGATI PATRICK TRUSTEE 1.00
Director
$0 $0 $0
ANDY ARNOLD TRUSTEE 1.00
Director
$0 $0 $0
MARY BRADSHAW TRUSTEE 1.00
Director
$0 $0 $0
ALLISON MARINOFF CARLE TRUSTEE 1.00
Director
$0 $0 $0
JAMES EROS TRUSTEE 1.00
Director
$0 $0 $0
NANCY FELDMAN TRUSTEE 1.00
Director
$0 $0 $0
SHANNON THOMAS TRUSTEE 1.00
Director
$0 $0 $0
DR MARY HENDRIX PRESIDENT SHEPHERD UNIVERSITY 1.00
Director
$0 $0 $0
DIANA HORVAT TRUSTEE 1.00
Director
$0 $0 $0
PAUL KESSLER TRUSTEE 1.00
Director
$0 $0 $0
ROB TUDOR TRUSTEE 1.00
Director
$0 $0 $0
ELIZABETH MCDONALD TRUSTEE 1.00
Director
$0 $0 $0
SUSAN MILLS TRUSTEE 1.00
Director
$0 $0 $0
FRANKLIN MOORE TRUSTEE 1.00
Director
$0 $0 $0
DAVID RAMPY TRUSTEE 1.00
Director
$0 $0 $0
PATRICIA RISSLER TRUSTEE 1.00
Director
$0 $0 $0
AUDREY ROWE TRUSTEE 1.00
Director
$0 $0 $0
FALYNN SCHMIDT TRUSTEE 1.00
Director
$0 $0 $0
RICK SHAFFER TRUSTEE 1.00
Director
$0 $0 $0
DAVID EMERSON TONEY TRUSTEE 1.00
Director
$0 $0 $0
LISA YOUNIS TRUSTEE 1.00
Director
$0 $0 $0
LINNSEY AMORES TRUSTEE 1.00
Director
$0 $0 $0
ROBERTA DEBIASI MD MS TRUSTEE 1.00
Director
$0 $0 $0
JEANNE MUIR TRUSTEE 1.00
Director
$0 $0 $0
PEGGY MCKOWEN ARTISTIC DIRECTOR 40.00
Officer
$95,000 $15,731 $110,731
JEFF GRIFFIN MANAGING DIRECTOR 40.00
Officer
$95,000 $11,200 $106,200
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 No data No data No data No data
2024 No data No data No data No data
2023 $3,859,473 $2,228,270 $3,062,742 $1,631,203
2022 $2,046,807 $2,149,857 $1,338,943 $-103,050
2022 $110,763 $127,548 $1,319,498 $-16,785
2021 $1,083,372 $809,432 $1,866,121 $273,940
2020 $1,064,551 $774,106 $1,397,037 $290,445
2019 $1,610,640 $1,540,919 $939,494 $69,721
2018 $1,478,714 $1,445,916 $887,055 $32,798
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