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Nonprofit · EIN 45-1143725

ARCADIA LIVE INC

Tax-exempt · KERRVILLE, TX 78028

Financials

$841K$1M2023$863K$996K2024
Revenue Expenses · by fiscal year end
Financials of ARCADIA LIVE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$862,870$995,751-$132,881$3,939,140$435,569$3,503,571
December 31, 2023990$841,078$1,040,140-$199,062$4,070,295$433,843$3,636,452
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$286,373
Membership dues
$29,246
Program service revenue
$483,767
Investment income
$15
Net rental income
$92,715
Other revenue
$92,715

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$71,904
Other salaries and wages
$130,942
Salaries, compensation and benefits (total)
$222,488
Professional fundraising fees
$0
Accounting fees
$12,903
Occupancy
$59,808
Depreciation
$137,038
Program services (functional)
$947,280
Management and general (functional)
$24,236
Fundraising (functional)
$24,235

Balance sheet and other

Total assets, start of year
$4,070,295
Total assets, end of year
$3,939,140
Total liabilities, end of year
$435,569
Net assets, end of year
$3,503,571
Land, buildings and equipment
$3,834,422
Gross receipts
$875,515
Employees
18
Volunteers
217
Year formed
2011
State of legal domicile
TX

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.

NameTitleHours / weekCompensation
STACIE LEPORATIEXECUTIVE DIRECTOR
Officer
40$71,904
LIBBIE A HORTONEVENT COORDINATOR
Officer
40$32,799
BLAKE SMITHDIRECTOR
Trustee or director
3.5$0
SCOTT STUMBOTREASURER
Trustee or director
3.5$0
LA'CEE PAXTONSECRETARY
Trustee or director
3.5$0
GEORGE PHILLIPSDIRECTOR
Trustee or director
1$0
WES LANEDIRECTOR
Trustee or director
1$0
MICHAEL BURNISTENDIRECTOR
Trustee or director
3.5$0
KEN SANDOVALDIRECTOR
Trustee or director
1$0
JANICE BOWENDIRECTOR
Trustee or director
3.5$0
KYLE BONDVICE PRESIDENT
Officer
1$0
LARRY HOWARDPRESIDENT
Officer
3.5$0
STEVE SCHULTEDIRECTOR
Officer
3.5$0
WYNTHIA WALTHERDIRECTOR
Officer
1$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
STACIE LEPORATIEXECUTIVE DIRECTOR
Officer
40$69,774
MEREDITH TILLEYCHIEF OF FUNDING
Officer
40$51,327
BLAKE SMITHDIRECTOR
Trustee or director
5$0
SCOTT STUMBOTREASURER
Trustee or director
5$0
SHARI ADDINGTONDIRECTOR
Trustee or director
5$0
DAVID WAMPLERDIRECTOR
Trustee or director
5$0
WES LANEDIRECTOR
Trustee or director
5$0
MICHAEL BURNISTONDIRECTOR
Trustee or director
5$0
KEN SANDOVALDIRECTOR
Trustee or director
5$0
JANICE BOWENDIRECTOR
Trustee or director
5$0
KYLE BONDVICE PRESIDENT
Officer
5$0
LARRY HOWARDPRESIDENT
Officer
10$0
STEVE SCHULTESECRETARY
Officer
5$0

Address and contacts

Address (IRS master file)
717 WATER ST, KERRVILLE, TX 78028-5319
In care of
% BEN MODISETT
Mailing address (990-N for 2012)
PO Box 295081, Kerrville TX 78029
Principal officer (990 for 2024)
LARRY HOWARD, 717 WATER STREET, KERRVILLE, TX 78028
Principal officer (990-N for 2012)
Benjamin Modisett, PO Box 295081, Kerrville TX 78029
Signed the 990
LARRY HOWARD, PRESIDENT
Phone
(830) 370-9316
Return prepared by
DAVIDSON FREEDLE ESPENHOVER & OVERBY PC

Mission

ARCADIA LIVE WILL PROMOTE VIBRANT AND DIVERSE ENTERTAINMENT TO DOWNTOWN KERRVILLE, TEXAS. IT WILL PRESERVE THE HISTORIC THEATER LOCATED IN DOWNTOWN KERRVILLE, TEXAS. IT WILL PROVIDE EDUCATION OPPORTUNITIES FOR THE CITIZENS (INCLUDING THE CHILDREN) OF KERRVILLE AND SURROUNDING AREA.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ARCADIA LIVE WILL OFFER LIVE ENTERTAINMENT AND CLASSIC FILMS IN THE HISTORIC ARCADIA THEATRE IN DOWNTOWN KERRVILLE AND ANNUALLY PRODUCE A FREE MUSIC FESTIVAL FOR THE 4TH OF THE JULY FOR THE CITIZENS OF KERRVILLE IN THE LOUISE HAYS PARK ON THE BANKS OF THE GUADALUPE RIVER.
    Expenses $117,755 · revenue $32,601
  • THE ARCADIA THEATRE WILL STAND AS A TESTAMENT TO THE HISTORY OF THIS BEAUTIFUL PLACE WHILE CONTRIBUTING TO THE CULTURE, ARTS, ENTERTAINMENT, AND COMMUNITY THAT MAKES KERRVILLE SO SPECIAL.
    Expenses $829,525 · revenue $463,811

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
45-1143725
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
2011
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,939,140
Income (IRS master file)
$875,515

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$862,870$995,751$3,939,140XML
990December 2023$841,078$1,040,140$4,070,295XML
990December 2022$1,168,533$912,471$4,327,203IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990-N for 2012
Officer: Benjamin Modisett
December 31, 2012≤ $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 45-1143725).

Questions about ARCADIA LIVE INC

What is the EIN of ARCADIA LIVE INC?
The employer identification number (EIN) of ARCADIA LIVE INC is 45-1143725.
Is ARCADIA LIVE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to ARCADIA LIVE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ARCADIA LIVE 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 ARCADIA LIVE 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 ARCADIA LIVE 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 ARCADIA LIVE INC?
The 990 for the year ended December 31, 2024 names LARRY HOWARD.
Who are the officers and directors of ARCADIA LIVE INC?
The 990 for the year ended December 31, 2024 lists 14 people; 2 received compensation from the organization, the highest $71,904 (STACIE LEPORATI, EXECUTIVE DIRECTOR).
How much revenue does ARCADIA LIVE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $862,870, expenses of $995,751 and total assets of $3,939,140 at year end.

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