Nonprofit · EIN 01-0459306
WALDO THEATER INC
Tax-exempt (reinstated) · WALDOBORO, ME 04572
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $577,146 | $566,736 | $10,410 | $1,029,551 | $188,795 | $840,756 |
| December 31, 2023 | 990 | $487,903 | $516,073 | -$28,170 | $1,023,243 | $192,897 | $830,346 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $230,818
- Membership dues
- $4,525
- Program service revenue
- $297,983
- Investment income
- $214
- Net rental income
- $4,225
- Net income from fundraising events
- $15,640
- Net income from sales of inventory
- $28,266
- Other revenue
- $48,131
Expenses
- Grants and similar amounts paid
- $120
- Compensation of officers, directors and key employees
- $71,500
- Other salaries and wages
- $104,351
- Salaries, compensation and benefits (total)
- $190,871
- Professional fundraising fees
- $0
- Accounting fees
- $12,789
- Occupancy
- $62,544
- Travel
- $65
- Depreciation
- $29,842
- Program services (functional)
- $431,000
- Management and general (functional)
- $90,669
- Fundraising (functional)
- $45,067
Balance sheet and other
- Total assets, start of year
- $1,023,243
- Total assets, end of year
- $1,029,551
- Total liabilities, end of year
- $188,795
- Net assets, end of year
- $840,756
- Land, buildings and equipment
- $818,023
- Net assets without donor restrictions
- $840,756
- Gross receipts
- $596,249
- Employees
- 6
- Volunteers
- 35
- Year formed
- 1990
- State of legal domicile
- ME
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUSAN HODDER | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $71,500 |
| BARBARA BOARDMAN | DIRECTOR Trustee or director | 0.75 | $0 |
| KEN STEVENSON | DIRECTOR & PRESIDENT Trustee or director, Officer | 6 | $0 |
| LIZ MCGREGOR | DIRECTOR & VICE PRESIDENT Trustee or director, Officer | 15 | $0 |
| CHRIS DAVIS | DIRECTOR AND TREASURER Trustee or director, Officer | 2 | $0 |
| MAYA CROSBY | DIRECTOR & SECRETARY Trustee or director, Officer | 1 | $0 |
| MAIA ZEWERT | DIRECTOR Trustee or director | 0.5 | $0 |
| MICHAEL AMICO | DIRECTOR Trustee or director | 2.5 | $0 |
| JOHN MULLANEY | DIRECTOR Trustee or director | 3 | $0 |
| KIMBERLY SAMPSON | DIRECTOR Trustee or director | 3 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUSAN HODDER | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $65,000 |
| KERI LUPIEN | DIRECTOR & PRESIDENT Trustee or director, Officer | 28 | $0 |
| BARBARA BOARDMAN | DIRECTOR Trustee or director | 8 | $0 |
| KEN STEVENSON | DIRECTOR & SECRETARY Trustee or director, Officer | 6 | $0 |
| LIZ MCGREGOR | DIRECTOR & VICE PRESIDENT Trustee or director, Officer | 20 | $0 |
| CHRIS DAVIS | DIRECTOR AND TREASURER Trustee or director, Officer | 8 | $0 |
| SHANNA CASTNER | DIRECTOR Trustee or director | 4 | $0 |
| MAYA CROSBY | DIRECTOR Trustee or director | 2 | $0 |
| MAIA ZEWERT | DIRECTOR Trustee or director | 2 | $0 |
| MICHAEL AMICO | DIRECTOR Trustee or director | 8 | $0 |
| JOHN MULLANEY | DIRECTOR Trustee or director | 4 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 587, WALDOBORO, ME 04572-0587
- In care of
- % CHRIS HEARTH
- Mailing address (990-N for 2017)
- PO Box 587, Waldoboro ME 04572
- Principal officer (990 for 2024)
- KIMBERLY SAMPSON, PO BOX 587, WALDOBORO, ME 04572
- Principal officer (990-N for 2017)
- Janet McMahon, PO Box 302, Waldoboro ME 04572
- Signed the 990
- KIMBERLY SAMPSON, PRESIDENT
- Phone
- (207) 542-9138
- Website
- waldotheatre.org
- Return prepared by
- Bruce A Bachelder CPA
Mission
WALDO THEATRE CONNECTS AND BUILDS COMMUNITY BY CELEBRATING CULTURE AND THE ARTS
Program accomplishments
- THE WALDO THEATRE BRINGS LIVE MUSIC,THEATRE, MOVIES, DANCE AND EDUCATIONAL PROGRAMS TO THE MIDCOAST MAINE COMMUNITY YEAR-ROUND. WE ARE DEEPLY COMMITTED TO THE STEWARDSHIP OF THIS HISTORIC LANDMARK AND ARE WORKING TO SPARK AN ECONOMIC AND CULTURAL RENAISSANCE IN DOWNTOWN WALDOBORO AND ACROSS THE MIDCOAST REGION. WE STRIVE TO KEEP OUR PROGRAMMING ACCESSIBLE SO KEEP TICKET PRICES AS LOW AS POSSIBLE. IN 2024 WE PRESENTED 86 TICKETED EVENTS, WELCOMING APPROXIMATELY 8800 PATRONS, OVER 2600 OF WHOM WERE FIRST TIME ATTENDEES. WE IMPROVED PROFITABILITY BY REDUCING THE NUMBER OF TICKETED EVENTS AND INCREASING THE NUMBER OF ATTENDEES (TICKETS SOLD)Expenses $381,657 · revenue $345,421
- THE WALDO USES THE TRANSFORMATIVE POWER OF THE ARTS TO ENGAGE, EDUCATE, AND ENTERTAIN, AND HAVE BUILT A SET OF PROGRAMS DESIGNED TO MEET SUTDENTS WHERE THEY ARE ACADEMICALLY, ARTISTICALLY, SOCIALLY, AND EMOTIONALLY,AND HELP THEM DISCOVER AND DEVELOP LIFE SKILLS. OUR GOAL IS TO PROVIDE HIGH QUALITY THEATRE ARTS EDUCATION THAT REINFORCES ACADEMIC LEARNING OBJECTIVES SUCH AS READING COMPREHENSION AND ORAL LANGUAGE SKILLS, AS WELL AS VITAL SOCIAL EMOTIONAL SKILLS SUCH AS CONFIDENCE, COMMUNICATION, CREATIVITY AND CONNECTION. THROUGH ACTIVITIES IN SCHOOL, AFTER SCHOOL AND IN SUMMER, AND MASTER CLASSES BY PROFESSIONAL ARTISTS, THE WALDO SEEKS TO ENRICH CULTURAL EDUCATION FOR ALL RESIDENTS, REGARDLESS OF MEANS. DURING THE 2023/2024 SCHOOL YEAR, OUR IN-SCHOOL PROGRAM SERVED 119 STUDENTS IN SIX CLASSROOMS IN FIVE TOWNS. WE HAD OVER 500 STUDENTS ATTEND CURRICULUM-BASED FIELD TRIPS, AND OUR AFTER SCHOOL PROGRAM SERVED 45 STUDENTS. THE AFTER SCHOOL AND SUMMER CAMP PRGRAMS ARE BOTH FEE-BASED WITH THE GOAL OF BEING SELF-SUSTAINING. FULL OR PARTIAL SCHOLARSHIPS ENSURE THAT NO STUDENT IS LEFT OUT DUE TO ECONOMIC HARDSHIP. UNDERWRITING ALLOWS FOR DECREASED REGISTRATION FEES, INCREASING ACCESSIBILITY.Expenses $49,343 · revenue $41,709
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 01-0459306
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A65)
- Assets (IRS master file)
- $1,029,551
- Income (IRS master file)
- $596,249
Revocation and reinstatement
- Exemption revoked
- May 15, 2010
- Posted by the IRS
- June 9, 2011
- Reinstated
- Effective May 15, 2010
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $577,146 | $566,736 | $1,029,551 | XML |
| 990 | December 2023 | $487,903 | $516,073 | $1,023,243 | XML |
| 990 | December 2022 | $245,143 | $265,893 | $1,026,511 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2017 Officer: Janet McMahon | December 31, 2017 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 01-0459306).
Questions about WALDO THEATER INC
- What is the EIN of WALDO THEATER INC?
- The employer identification number (EIN) of WALDO THEATER INC is 01-0459306.
- Is WALDO THEATER INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2010 and reinstated it effective May 15, 2010.
- Are donations to WALDO THEATER INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WALDO THEATER INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of WALDO THEATER INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WALDO THEATER INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of WALDO THEATER INC?
- The 990 for the year ended December 31, 2024 names KIMBERLY SAMPSON.
- Who are the officers and directors of WALDO THEATER INC?
- The 990 for the year ended December 31, 2024 lists 10 people; 1 received compensation from the organization, the highest $71,500 (SUSAN HODDER, EXECUTIVE DIRECTOR).
- How much revenue does WALDO THEATER INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $577,146, expenses of $566,736 and total assets of $1,029,551 at year end.
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