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Nonprofit · EIN 51-0262626

THE EVERETT INC

Tax-exempt · MIDDLETOWN, DE 19709

Financials

$759K$556K2023$637K$559K2024$639K$542K2025
Revenue Expenses · by fiscal year end
Financials of THE EVERETT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$639,018$542,054$96,964$2,342,922$17,487$2,325,435
December 31, 2024990$636,814$559,094$77,720$2,250,941$21,281$2,229,660
December 31, 2023990$759,299$556,079$203,220$2,143,767$15,562$2,128,205
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$144,043
of which government grants
$75,358
Program service revenue
$447,301
Investment income
$33,159
Net income from fundraising events
$14,515
Other revenue
$14,515

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$52,500
Salaries, compensation and benefits (total)
$56,516
Professional fundraising fees
$0
Accounting fees
$12,007
Occupancy
$88,434
Depreciation
$77,975
Program services (functional)
$506,538
Management and general (functional)
$30,266
Fundraising (functional)
$5,250

Balance sheet and other

Total assets, start of year
$2,250,941
Total assets, end of year
$2,342,922
Total liabilities, end of year
$17,487
Net assets, end of year
$2,325,435
Land, buildings and equipment
$1,681,906
Publicly traded securities
$73,863
Net assets without donor restrictions
$2,254,435
Net assets with donor restrictions
$71,000
Gross receipts
$663,671
Employees
1
Volunteers
209
Year formed
1981
State of legal domicile
DE

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
KATIE GORMANDIRECTOR
Trustee or director
4$2,361
CHERYL SHIELDSDIRECTOR
Trustee or director
2$2,175
JACKIE BAINDIRECTOR
Trustee or director
7$1,500
PETER HOOPESDIRECTOR
Trustee or director
3$750
MICHAEL BARBATODIRECTOR
Trustee or director
6$0
LOU BOOKERDIRECTOR
Trustee or director
12$0
SETH COSANSDIRECTOR
Trustee or director
16$0
HEDLEY DAVISDIRECTOR
Trustee or director
6$0
ELLIOTT HENRYDIRECTOR
Trustee or director
3$0
MARLA SCHECHTERDIRECTOR
Trustee or director
11$0
KIMBERLY COURTPRESIDENT
Officer
10$0
RICHARD FORSTENVICE PRESIDE
Officer
2$0
TINA JOHNSONTREASURER
Officer
15$0
MEGHAN SAVAGESECRETARY
Officer
4$0
990 for the year ended December 31, 2024: 11 people
NameTitleHours / weekCompensation
JACKIE BAINDIRECTOR
Trustee or director
6.6$2,550
MICHAEL BARBATODIRECTOR
Trustee or director
3.5$0
LOU BOOKERDIRECTOR
Trustee or director
6.1$0
KIM COURTPRESIDENT
Trustee or director, Officer
9$0
HEDLEY DAVISDIRECTOR
Trustee or director
5.6$0
RICHARD SHARK FORSTENVICE PRESIDE
Trustee or director, Officer
1.2$0
ELLIOTT HENRYDIRECTOR
Trustee or director
5.4$0
PETER HOOPESDIRECTOR
Trustee or director
2.7$0
TINA JOHNSONTREASURER
Trustee or director, Officer
10.5$0
MEGHAN SAVAGESECRETARY
Trustee or director, Officer
5$0
MARLA SCHECHTERDIRECTOR
Trustee or director
2.6$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensationOther / benefits
CHERYL SHIELDSMEMBER AT LA
Trustee or director
2.79$5,015$0
JACKIE BAINMEMBER AT LA
Trustee or director
7.14$1,100$0
PAUL SUROWIECMEMBER AT LA
Trustee or director
3.31$0$250
SETH COSANSMEMBER AT LA
Trustee or director
15.69$0$0
KIMBERLY COURTMEMBER AT LA
Trustee or director
6.93$0$0
HEDLEY DAVISMEMBER AT LA
Trustee or director
2.48$0$0
ELLIOTT HENRYMEMBER AT LA
Trustee or director
2.61$0$0
TINA JOHNSONMEMBER AT LA
Trustee or director
4.73$0$0
MEGHAN SAVAGEMEMBER AT LA
Trustee or director
2.25$0$0
DANIEL SIEGLENMEMBER AT LA
Trustee or director
7.64$0$0
LEE EDGARPRESIDENT
Officer
5.91$0$0
RICHARD FORSTENVICE PRESIDE
Officer
1.08$0$0
JENNIFER HELMSTREASURER
Officer
10.22$0$0
JAMIE SNOWSECRETARY
Officer
–$0$0

Address and contacts

Address (IRS master file)
47 W MAIN ST, MIDDLETOWN, DE 19709-1017
Principal officer (990 for 2025)
KIMBERLY COURT, 230 EAST CRAIL CT, MIDDLETOWN, DE 19709
Signed the 990
TINA JOHNSON, TREASURER
Phone
(302) 540-4976
Return prepared by
WATTAY ACCOUNTING

Mission

THE EVERETT, INC. IS A COMMUNITY-BASED NONPROFIT ORGANIZATION WHOSE MISSION IS TO PRESENT ACCESSABLE, HIGH-QUALITY THEATRE, FILM, VISUAL ARTS PROGRAMMING, AND EDUCATIONAL OPPORTUNITIES FOR PEOPLE OF ALL AGES. THE EVERETT, INC. SUPPORTS ARTISTS AND CREATIVE EXPRESSION; PRESERVE A HISTORIC LANDMARK VENUE THAT STRENGTHENS COMMUNITY CONNECTION; AND CONTRIBUTES TO THE CULTURAL AND ECONOMIC VITALITY OF MIDDLETOWN, DELAWARE AND THE SURROUNDING REGION.

990 for the year ended December 31, 2025

Program accomplishments

  • TO FOSTER AND DEVELOP THE ARTS IN THE GEOGRAPHIC AREA OF MIDDLETOWN, DELAWARE ENCOMPASSING THE COMMUNITY'S CULTURALLY DIVERSE RESOURCES AND TO PRESERVE THE HISTORIC NATURE OF THE EVERETT THEATRE.
    Expenses $506,538 · revenue $448,787

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
51-0262626
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
1982
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,342,922
Income (IRS master file)
$663,671

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$639,018$542,054$2,342,922XML
990December 2024$636,814$559,094$2,250,941XML
990December 2023$759,299$556,079$2,143,767XML
990December 2022$601,000$517,650$2,083,695IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 51-0262626).

Questions about THE EVERETT INC

What is the EIN of THE EVERETT INC?
The employer identification number (EIN) of THE EVERETT INC is 51-0262626.
Is THE EVERETT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
Are donations to THE EVERETT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE EVERETT 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 THE EVERETT INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE EVERETT INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of THE EVERETT INC?
The 990 for the year ended December 31, 2025 names KIMBERLY COURT.
Who are the officers and directors of THE EVERETT INC?
The 990 for the year ended December 31, 2025 lists 14 people; 4 received compensation from the organization, the highest $2,361 (KATIE GORMAN, DIRECTOR).
How much revenue does THE EVERETT INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $639,018, expenses of $542,054 and total assets of $2,342,922 at year end.

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