Nonprofit · EIN 42-6074882
TCR FOUNDATION
Tax-exempt · CEDAR RAPIDS, IA 52401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| July 31, 2025 | 990 | $100,298 | $515,121 | -$414,823 | $4,553,662 | $13,753,812 | -$9,200,150 |
| July 31, 2024 | 990 | $55,516 | $873,145 | -$817,629 | $4,883,464 | $13,882,434 | -$8,998,970 |
| July 31, 2023 | 990 | -$9,392 | $529,511 | -$538,903 | $5,434,182 | $75,000 | $5,359,182 |
Financial details: 990 for the year ended July 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $100,298
- Net gain from sales of assets
- $12,755
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $85,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $512
- Accounting fees
- $14,665
- Depreciation
- $405,517
- Program services (functional)
- $490,517
- Management and general (functional)
- $24,604
Balance sheet and other
- Total assets, start of year
- $4,883,464
- Total assets, end of year
- $4,553,662
- Total liabilities, end of year
- $13,753,812
- Net assets, end of year
- -$9,200,150
- Land, buildings and equipment
- $2,233,493
- Net assets without donor restrictions
- -$10,369,777
- Net assets with donor restrictions
- $1,169,627
- Gross receipts
- $100,298
- Employees
- 0
- Volunteers
- 12
- Year formed
- 1931
- 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 July 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| HALLMAN KATIE | EXECUTIVE DIRECTOR Officer | 1 | $0 | $110,062 | $28,775 |
| DEIGNAN PAT | PRESIDENT/TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| RINGS RANDY | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ERENBERGER LEANN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ABERNATHY TERRY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ATTY JIM | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CARROLL PATRICE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DAY MARY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KLEIN JAMES | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| LINGE DINA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MCGRATH MURPHY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| RICHARDSON SARAH | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SMITH LEIGHTON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended July 31, 2024: 14 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| HALLMAN KATIE | EXECUTIVE DIRECTOR Officer | 0 | $0 | $107,438 | $27,440 |
| DEIGNAN PAT | PRESIDENT/TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| RINGS RANDY | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ERENBERGER LEANN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ABERNATHY TERRY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CARROLL PATRICE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DAVIS TERRI | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DAY MARY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KLEIN JAMES | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| LINGE DINA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MCGRATH MURPHY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| OLSON TYLER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| RICHARDSON SARAH | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SMITH LEIGHTON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended July 31, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DEIGNAN PAT | PRESIDENT/TREASURER Trustee or director, Officer | 1 | $0 |
| RINGS RANDALL | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| ERENBERGER LEANN | SECRETARY Trustee or director, Officer | 1 | $0 |
| ABERNATHY TERRY | DIRECTOR Trustee or director | 1 | $0 |
| CARROLL PATRICE | DIRECTOR Trustee or director | 1 | $0 |
| DAVIS TERRI | DIRECTOR Trustee or director | 1 | $0 |
| DAY MARY | DIRECTOR Trustee or director | 1 | $0 |
| KERN JIM | DIRECTOR Trustee or director | 1 | $0 |
| KLEIN JAMES | DIRECTOR Trustee or director | 1 | $0 |
| LINGE DINA | DIRECTOR Trustee or director | 1 | $0 |
| MCGRATH MURPHY | DIRECTOR Trustee or director | 1 | $0 |
| OLSON TYLER | DIRECTOR Trustee or director | 1 | $0 |
| RICHARDSON SARAH | DIRECTOR Trustee or director | 1 | $0 |
| SMITH LEIGHTON | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 102 3RD ST SE, CEDAR RAPIDS, IA 52401-1210
- In care of
- % BANKERS TRUST ATTN PAT DEIGNAN
- Principal officer (990 for 2024)
- PAT DEIGNAN, 102 3RD ST SE C/O DEIGNAN, CEDAR RAPIDS, IA 52401
- Signed the 990
- PAT DEIGNAN, TREASURER
- Phone
- (319) 431-7706
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
TO MAINTAIN AND OPERATE REAL ESTATE USED BY THE COMMUNITY THEATRE OF CEDAR RAPIDS, INC. A PUBLICLY SUPPORTED CULTURAL ORGANIZATION AND HOLD A MAJORITY OF ENDOWED FUNDS.
Program accomplishments
- THEATRE BUILDING-THE ORGANIZATION OWNS AND MAINTAINS A THEATRE BUILDING WHICH HOUSES THE PERFORMANCES ARRANGED BY THE COMMUNITY THEATRE OF CEDAR RAPIDS, INC., A PUBLICLY SUPPORTED 501(C)(3) EXEMPT ORGANIZATION AND HOLD A MAJORITY OF ENDOWED FUNDS.Expenses $490,517 · grants $85,000
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 July, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | July 31, 2026 | December 15, 2026 | Not due yet |
| 2024 | July 31, 2025 | December 15, 2025 | 990 on file |
| 2023 | July 31, 2024 | December 16, 2024 | 990 on file |
IRS record
- EIN
- 42-6074882
- 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
- 1956
- Accounting year ends
- July
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A110)
- Assets (IRS master file)
- $4,553,662
- Income (IRS master file)
- $100,298
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | July 2025 | $100,298 | $515,121 | $4,553,662 | IRS |
| 990 | July 2024 | $55,516 | $873,145 | $4,883,464 | IRS |
| 990 | July 2023 | -$9,392 | $529,511 | $5,434,182 | XML |
| 990 | July 2022 | – | – | – | IRS |
| 990 | July 2021 | – | – | – | IRS |
| 990 | July 2020 | – | – | – | IRS |
| 990 | July 2019 | – | – | – | IRS |
| 990 | July 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 42-6074882).
Questions about TCR FOUNDATION
- What is the EIN of TCR FOUNDATION?
- The employer identification number (EIN) of TCR FOUNDATION is 42-6074882.
- Is TCR FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1956.
- Are donations to TCR FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TCR FOUNDATION 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 TCR FOUNDATION due?
- The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TCR FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended July 2025.
- Who is the principal officer of TCR FOUNDATION?
- The 990 for the year ended July 31, 2025 names PAT DEIGNAN.
- Who are the officers and directors of TCR FOUNDATION?
- The 990 for the year ended July 31, 2025 lists 13 people; 0 received compensation from the organization.
- How much revenue does TCR FOUNDATION have?
- On its 990 for the year ended July 31, 2025 it reported revenue of $100,298, expenses of $515,121 and total assets of $4,553,662 at year end.
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All nonprofits in CEDAR RAPIDS · Iowa · Arts, culture and humanities