THE COLONIAL CENTER

EIN: 611993542 501(c)(3) Arts, Culture & Humanities

SOUTH HILL, VA

Total Revenue
$176,506
Total Expenses
$546,369
Total Assets
$4,177,343
Net Assets
$4,165,911
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Principal Officer
STUART TAYLOR
Phone
4344478779
Tax Period
2025-01-01 to 2025-12-31

THE COLONIAL CENTER, founded in 2021, is a small nonprofit in the Arts, Culture & Humanities sector that reported $177K in total revenue in fiscal year 2025. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $546K exceeded revenue, resulting in a 210% operating deficit.

Mission

THE COLONIAL CENTER'S EXEMPT PURPOSE ACCOMPLISHMENT IS AS FOLLOWS: FOSTERING, ENCOURAGING, AND PROMOTING LIVE THEATRE AND THE ARTS THROUGH THE OPERATION OF A COMMUNITY THEATER THAT ENRICHES AND EDUCATES PEOPLE OF ALL AGES THROUGHOUT THE SOUTH HILL, VIRGINIA COMMUNITY STIMULATING, PROMOTING, AND DEVELOPING INTEREST IN THE DRAMATIC ARTS, ADVANCING THE NATIONAL CULTURE IN THE FIELD OF DRAMATIC ARTS AND, PROVIDING EDUCATIONAL PROGRAMMING RELATED TO THE DRAMATIC ARTS FOR THE GENERAL PUBLIC

Program Service Accomplishments

Program 1
Expenses: $502,350 Revenue: $59,331

THE COLONIAL CENTER'S EXEMPT PURPOSE ACCOMPLISHMENT IS AS FOLLOWS: FOSTERING, ENCOURAGING, AND PROMOTING LIVE THEATRE AND THE ARTS THROUGH THE OPERATION OF A COMMUNITY THEATER THAT ENRICHES AND...

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THE COLONIAL CENTER'S EXEMPT PURPOSE ACCOMPLISHMENT IS AS FOLLOWS: FOSTERING, ENCOURAGING, AND PROMOTING LIVE THEATRE AND THE ARTS THROUGH THE OPERATION OF A COMMUNITY THEATER THAT ENRICHES AND EDUCATES PEOPLE OF ALL AGES THROUGHOUT THE SOUTH HILL, VIRGINIA COMMUNITY STIMULATING, PROMOTING, AND DEVELOPING INTEREST IN THE DRAMATIC ARTS, ADVANCING THE NATIONAL CULTURE IN THE FIELD OF DRAMATIC ARTS AND, PROVIDING EDUCATIONAL PROGRAMMING RELATED TO THE DRAMATIC ARTS FOR THE GENERAL PUBLIC

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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 (2025)

Revenue Breakdown

Contributions & Grants $36,578
Program Service Revenue $59,331
Investment Income $80,597
Other Revenue $0
TOTAL REVENUE $176,506

Expense Breakdown

Grants Paid $0
Salaries & Benefits $219,714
Fundraising Expenses $0
Program Expenses $502,350
Other Expenses $326,655
TOTAL EXPENSES $546,369

Year-over-Year Comparison

2025 2024 Change
Revenue $176,506 $154,418 +0.1%
Expenses $546,369 $448,210 +0.2%
Net Income $-369,863 $-293,792 +0.3%
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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Governance

Voting Members
5
Independent Members
5
Employees
6
Volunteers
N/A

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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR DESIDERIO RIMON DIRECTOR 2.00
Director
$0 $0 $0
ERIC SJURSETH VICE PRES/SE 2.00
Officer Director
$0 $0 $0
WILLIAM SOLARI TREASURER 2.00
Officer Director
$0 $0 $0
STUART TAYLOR PRESIDENT 2.00
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 $176,506 $546,369 $4,177,343 $-369,863
2024 $154,418 $448,210 $4,315,654 $-293,792
2023 $196,360 $410,616 $4,155,570 $-214,256
2022 $299,147 $358,936 $4,368,154 $-59,789
2021 $4,672,514 $280,709 $4,394,576 $4,391,805
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