Nonprofit · EIN 23-7362760
FLORIDA STUDIO THEATRE INC
Tax-exempt · SARASOTA, FL 34236
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $14,619,685 | $11,837,985 | $2,781,700 | $71,428,021 | $4,447,008 | $66,981,013 |
| September 30, 2024 | 990 | $18,485,457 | $10,838,842 | $7,646,615 | $65,875,994 | $4,451,055 | $61,424,939 |
| September 30, 2023 | 990 | $12,521,529 | $10,959,913 | $1,561,616 | $53,951,408 | $3,998,333 | $49,953,075 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $5,582,388
- of which government grants
- $332,487
- Program service revenue
- $7,887,980
- Investment income
- $797,994
- Net rental income
- $117,693
- Net gain from sales of assets
- -$7,229
- Other revenue
- $351,323
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $623,455
- Other salaries and wages
- $4,436,982
- Salaries, compensation and benefits (total)
- $5,865,012
- Professional fundraising fees
- $0
- Legal fees
- $13,516
- Accounting fees
- $29,900
- Occupancy
- $1,107,097
- Travel
- $233,250
- Depreciation
- $746,819
- Program services (functional)
- $10,097,445
- Management and general (functional)
- $1,207,147
- Fundraising (functional)
- $533,393
Balance sheet and other
- Total assets, start of year
- $65,875,994
- Total assets, end of year
- $71,428,021
- Total liabilities, end of year
- $4,447,008
- Net assets, end of year
- $66,981,013
- Land, buildings and equipment
- $16,478,339
- Net assets without donor restrictions
- $36,600,674
- Net assets with donor restrictions
- $30,380,339
- Gross unrelated business income
- $88,840
- Gross receipts
- $18,581,296
- Employees
- 308
- Volunteers
- 307
- Year formed
- 1974
- State of legal domicile
- FL
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| REBECCA HOPKINS | Managing Director Officer | 40 | $204,528 | $25,801 |
| JILL ZAKRZEWSKI | General Manager Highest-paid employee | 40 | $111,520 | $6,199 |
| RICHARD HOPKINS | Vice President Trustee or director, Officer | 40 | $90,615 | $24,635 |
| DENNIS MCGILLICUDDY | President Trustee or director, Officer | 2 | $0 | $0 |
| PATRICIA COURTOIS | Secretary/Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| CHARLES WILLIAMS | Trustee Trustee or director | 2 | $0 | $0 |
| CHERYL GORELICK | Trustee Trustee or director | 2 | $0 | $0 |
| DOUG HOLDER | Trustee Trustee or director | 2 | $0 | $0 |
| EUAN FANNELL | Trustee Trustee or director | 2 | $0 | $0 |
| GAELE BARTHOLD | Trustee Trustee or director | 2 | $0 | $0 |
| GEORGIA COURT | Trustee Trustee or director | 2 | $0 | $0 |
| NEIL COMBER | Trustee Trustee or director | 2 | $0 | $0 |
990 for the year ended September 30, 2024: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RICHARD HOPKINS | VICE PRESIDENT Trustee or director, Officer | 40 | $140,001 | $89,902 |
| REBECCA HOPKINS | COO Officer | 40 | $140,001 | $67,393 |
| SEAN DANIELS | ASSOCIATE DIRECTOR Highest-paid employee | 40 | $118,409 | $4,238 |
| JILL ZAKRZEWSKI | GENERAL MANAGER Highest-paid employee | 40 | $109,749 | $4,238 |
| JAY LOCKABY | MAJOR GIFTS OFFICER Highest-paid employee | 40 | $101,989 | $3,215 |
| DENNIS MCGILLICUDDY | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| PATRICIA COURTOIS | SECRETARY/TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| GAELE BARTHOLD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| NEIL COMBER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| GEORGIA COURT | TRUSTEE Trustee or director | 2 | $0 | $0 |
| EUAN FANNELL | TRUSTEE Trustee or director | 2 | $0 | $0 |
| CHERYL GORELICK | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ROBERT ISRAELOFF | TRUSTEE Trustee or director | 2 | $0 | $0 |
| CHARLES WILLIAMS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DOUG HOLDER | TRUSTEE Trustee or director | 2 | $0 | $0 |
990 for the year ended September 30, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RICHARD HOPKINS | CEO Trustee or director, Officer | 40 | $129,800 | $105,139 |
| REBECCA HOPKINS | COO Officer | 40 | $129,800 | $91,472 |
| DENNIS MCGILLICUDDY | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| PATRICIA COURTOIS | SECRETARY/TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| PAT MULVA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| CHERYL GORELICK | TRUSTEE Trustee or director | 2 | $0 | $0 |
| NEIL COMBER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| BOB ISRAELOFF | TRUSTEE Trustee or director | 2 | $0 | $0 |
| CHARLES WILLIAMS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| GAELE BARTHOLD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| GEORGIA COURT | TRUSTEE Trustee or director | 2 | $0 | $0 |
| EUAN FANNELL | TRUSTEE Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1241 N PALM AVE, SARASOTA, FL 34236-5602
- Principal officer (990 for 2024)
- Rebecca Hopkins, 1241 North Palm Avenue, Sarasota, FL 34236
- Signed the 990
- Rebecca Hopkins, COO
- Phone
- (941) 308-7595
- Website
- www.floridastudiotheatre.org
- Return prepared by
- Mauldin & Jenkins LLC
Mission
Florida Studio Theatre holds the following mission: To make theatre affordable and accessible to as many people as possible; to present theatre that challenges with as much gusto as it entertains; to create a public forum for the issues of our day that will foster positive change in our community and beyond; to operate within and for the public trust.
Program accomplishments
- Theater Productions: Mainstage is FST's flagship program, producing the best contemporary American theater by presenting plays that speak to a living, evolving, dynamically changing world. Stage III is dedicated to the presentation of socially significant productions, stimulating audiences by presenting challenging content to audiences who might not otherwise participate in theatrical events. In accordance with its mission point "to make theatre affordable and accessible to as many people as possible," FST staunchly believes that theatre should not be a privilege of the few, but should benefit everyone. FST is able to maintain reasonable ticket prices; the average amount that a person will pay for a 3-play subscription to the Mainstage series is $79, or $26.33 per show.Expenses $7,790,685 · revenue $5,983,618
- Cabaret Concessions: FST Cabaret was established to develop new audiences who might not otherwise participate in theatrical events. Offering restaurant and beverage service, the Cabaret provides a relaxed, inviting atmosphere for people who are new to the performing arts. Its warm, welcoming space reduces social barriers to theatre and encourages communication and intimacy.Expenses $1,553,574 · revenue $1,731,411
- Education and Touring: The Write a Play touring program impacts students in grades K-12, with a special emphasis on underserved youth throughout Florida. During the course of a school year, FST's tours inspire 47,000 children and teens to write their own original plays through the Write a Play arts in education initiative each year. FST's education program offers children and adults a wealth of opportunities to discover their creativity. Classes are offered each week to students aged 5-95 in theatre, dance and music. Accessibility is ensured through programming for financially disadvantaged, physically and mentally challenged youth and adults. FST's "Children's Scholarship Program" provides about 15% of youth with full or partial tuition waivers, and adult work/scholarships in which prices are reduced in exchange for volunteer hours with the theatre, and are available to those with a need.Expenses $753,186 · revenue $172,951
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 15, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 16, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 17, 2025 | 990 on file |
IRS record
- EIN
- 23-7362760
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1974
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A650)
- Assets (IRS master file)
- $71,428,021
- Income (IRS master file)
- $18,581,296
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $14,619,685 | $11,837,985 | $71,428,021 | XML |
| 990-T | September 2025 | – | – | – | IRS |
| 990 | September 2024 | $18,485,457 | $10,838,842 | $65,875,994 | XML |
| 990-T | September 2024 | – | – | – | IRS |
| 990 | September 2023 | $12,521,529 | $10,959,913 | $53,951,408 | XML |
| 990-T | September 2023 | – | – | – | IRS |
| 990 | September 2022 | $17,095,702 | $9,411,957 | $50,410,553 | IRS |
| 990-T | September 2022 | – | – | – | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990-T | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 2018 | – | – | – | IRS |
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 23-7362760).
Questions about FLORIDA STUDIO THEATRE INC
- What is the EIN of FLORIDA STUDIO THEATRE INC?
- The employer identification number (EIN) of FLORIDA STUDIO THEATRE INC is 23-7362760.
- Is FLORIDA STUDIO THEATRE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1974.
- Are donations to FLORIDA STUDIO THEATRE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FLORIDA STUDIO THEATRE 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 FLORIDA STUDIO THEATRE INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FLORIDA STUDIO THEATRE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of FLORIDA STUDIO THEATRE INC?
- The 990 for the year ended September 30, 2025 names Rebecca Hopkins.
- Who are the officers and directors of FLORIDA STUDIO THEATRE INC?
- The 990 for the year ended September 30, 2025 lists 12 people; 3 received compensation from the organization, the highest $204,528 (REBECCA HOPKINS, Managing Director).
- How much revenue does FLORIDA STUDIO THEATRE INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $14,619,685, expenses of $11,837,985 and total assets of $71,428,021 at year end.
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All nonprofits in SARASOTA · Florida · Arts, culture and humanities