Nonprofit · EIN 42-1126008
CEDAR FALLS COMMUNITY THEATRE INC
Tax-exempt · CEDAR FALLS, IA 50613
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2025 | 990 | $510,517 | $537,301 | -$26,784 | $731,219 | $41,752 | $689,467 |
| March 31, 2024 | 990 | $373,905 | $460,130 | -$86,225 | $752,363 | $36,118 | $716,245 |
Financial details: 990 for the year ended March 31, 2025
Revenue
- Contributions, gifts and grants
- $207,458
- Membership dues
- $42,724
- Program service revenue
- $243,587
- Investment income
- $17,258
- Net gain from sales of assets
- $10,111
- Net income from sales of inventory
- $17,773
- Other revenue
- $42,214
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $193,215
- Salaries, compensation and benefits (total)
- $214,039
- Professional fundraising fees
- $4,053
- Accounting fees
- $1,900
- Occupancy
- $30,928
- Depreciation
- $62,017
- Program services (functional)
- $195,133
- Management and general (functional)
- $338,115
- Fundraising (functional)
- $4,053
Balance sheet and other
- Total assets, start of year
- $752,363
- Total assets, end of year
- $731,219
- Total liabilities, end of year
- $41,752
- Net assets, end of year
- $689,467
- Land, buildings and equipment
- $501,197
- Publicly traded securities
- $216,009
- Gross receipts
- $562,070
- Employees
- 5
- Volunteers
- 50
- Year formed
- 1978
- State of legal domicile
- IA
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 March 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BETHANY BROOKS | DIRECTOR Trustee or director | – | $0 |
| DAVID DEIN | DIRECTOR Trustee or director | – | $0 |
| AMY HASTINGS | VICE PRESIDE Trustee or director, Officer | – | $0 |
| SHARON KELLEHER | DIRECTOR Trustee or director | – | $0 |
| MICHELLE KNAACK | DIRECTOR Trustee or director | – | $0 |
| MARNELL LYLE | DIRECTOR Trustee or director | – | $0 |
| PATRICK LYONS | PRESIDENT Trustee or director, Officer | – | $0 |
| BETHANY NELSON | DIRECTOR Trustee or director | – | $0 |
| LIANE NICHOLS | DIRECTOR Trustee or director | – | $0 |
| KRISTIN TEIG TORRES | SECRETARY Trustee or director, Officer | – | $0 |
| DAN WATERBURY | TREASURER Trustee or director, Officer | – | $0 |
990 for the year ended March 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID DEIN | DIRECTOR Trustee or director | – | $0 |
| AMY HASTINGS | VICE PRESIDE Trustee or director, Officer | – | $0 |
| SHARON KELLEHER | DIRECTOR Trustee or director | – | $0 |
| MARNELL LYLE | DIRECTOR Trustee or director | – | $0 |
| PATRICK LYONS | PRESIDENT Trustee or director, Officer | – | $0 |
| LIANE NICHOLS | DIRECTOR Trustee or director | – | $0 |
| KRISTIN TEIG TORRES | SECRETARY Trustee or director, Officer | – | $0 |
| ASHLEY UNGS | DIRECTOR Trustee or director | – | $0 |
| DAN WATERBURY | TREASURER Trustee or director, Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 103 MAIN ST, CEDAR FALLS, IA 50613-2621
- Principal officer (990 for 2024)
- PATRICK LYONS, 103 MAIN ST, CEDAR FALLS, IA 50613
- Signed the 990
- PATRICK LYONS, PRESIDENT
- Phone
- (319) 277-5283
- Website
- WWW.OSTERREGENT.ORG
- Return prepared by
- ROTH TAX & ACCOUNTING
Mission
TO SHOWCASE COMMUNITY-BASED PERFORMING ARTS IN CEDAR FALLS, IOWA.
Program accomplishments
- THE ORGANIZATION'S MAIN EXEMPT PURPOSE IS THE PRESENTATION OF LIVE THEATRICAL PERFORMANCES IN THE COMMUNITY. THE MISSION OF THE CEDAR FALLS COMMUNITY THEATRE IS TO BE A SHOWCASE FOR THE PERFORMING ARTS IN THE CITY, TO ENHANCE THE CULTURAL AND ECONOMIC DEVELOPMENT OF THE CITY, AND TO BE A PART OF ITS HISTORICAL PRESERVATION. NORMALLY, FOUR FULL-SCALE PRODUCTIONS AND OTHER SMALLER PERFORMANCES TAKE PLACE EACH YEAR. CEDAR FALLS COMMUNITY THEATRE, INC. PROMOTES FULL UTILIZATION OF THE BUILDING SPACE AND SERVICES TO GENERATE REVENUE TO COVER THE EXPENSES OF THE BUILDING AND THE PROGRAM. IN A NORMAL YEAR, OVER 25,000 PEOPLE WILL VISIT OSTER REGENT PRODUCTIONS, TRAVELING TOURS, RECEPTIONS, CLASSES, AND OTHER MISCELLANEOUS EVENTS.Expenses $195,133 · revenue $243,587
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 March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | Not on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990 on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990 on file |
IRS record
- EIN
- 42-1126008
- 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
- 1979
- Accounting year ends
- March
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A650)
- Assets (IRS master file)
- $731,219
- Income (IRS master file)
- $562,070
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | March 2025 | $510,517 | $537,301 | $731,219 | XML |
| 990 | March 2024 | $373,905 | $460,130 | $752,363 | XML |
| 990 | March 2023 | $250,340 | $378,254 | $849,110 | IRS |
| 990 | March 2022 | $353,088 | $334,101 | $991,824 | IRS |
| 990 | March 2021 | – | – | – | IRS |
| 990 | March 2020 | – | – | – | IRS |
| 990 | March 2019 | – | – | – | IRS |
| 990 | March 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 42-1126008).
Questions about CEDAR FALLS COMMUNITY THEATRE INC
- What is the EIN of CEDAR FALLS COMMUNITY THEATRE INC?
- The employer identification number (EIN) of CEDAR FALLS COMMUNITY THEATRE INC is 42-1126008.
- Is CEDAR FALLS COMMUNITY THEATRE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
- Are donations to CEDAR FALLS COMMUNITY THEATRE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CEDAR FALLS COMMUNITY 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 CEDAR FALLS COMMUNITY THEATRE INC due?
- The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CEDAR FALLS COMMUNITY THEATRE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended March 2025.
- Who is the principal officer of CEDAR FALLS COMMUNITY THEATRE INC?
- The 990 for the year ended March 31, 2025 names PATRICK LYONS.
- Who are the officers and directors of CEDAR FALLS COMMUNITY THEATRE INC?
- The 990 for the year ended March 31, 2025 lists 11 people; 0 received compensation from the organization.
- How much revenue does CEDAR FALLS COMMUNITY THEATRE INC have?
- On its 990 for the year ended March 31, 2025 it reported revenue of $510,517, expenses of $537,301 and total assets of $731,219 at year end.
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