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Nonprofit · EIN 74-3224648

ASHLAND THEATER FOUNDATION

Tax-exempt · ASHLAND, VA 23005

Financials

$466K$510K2023$544K$572K2024
Revenue Expenses · by fiscal year end
Financials of ASHLAND THEATER FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$543,549$572,440-$28,891$503,257$28,645$474,612
December 31, 2023990$466,097$510,029-$43,932$522,781$5,581$517,200
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$126,339
of which government grants
$150
Membership dues
$1,290
Program service revenue
$391,564
Investment income
$9,530
Net income from fundraising events
$30,440
Other revenue
$16,116

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$222,611
Salaries, compensation and benefits (total)
$248,756
Professional fundraising fees
$0
Legal fees
$9,864
Accounting fees
$3,375
Occupancy
$24,593
Travel
$2,842
Depreciation
$2,294
Program services (functional)
$458,658
Management and general (functional)
$69,599
Fundraising (functional)
$44,183

Balance sheet and other

Total assets, start of year
$522,781
Total assets, end of year
$503,257
Total liabilities, end of year
$28,645
Net assets, end of year
$474,612
Land, buildings and equipment
$76,181
Net assets without donor restrictions
$474,612
Gross receipts
$543,549
Employees
30
Year formed
2014
State of legal domicile
VA

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
SHARITA BIRDENBOARD MEMBER
Trustee or director
1$0
LIZ BRYANTBOARD PRESID
Trustee or director, Officer
2$0
PRESTON BRYANTBOARD MEMBER
Trustee or director
1$0
WILLIAM COPELANDBOARD MEMBER
Trustee or director
1$0
JAMES DOERINGBOARD MEMBER
Trustee or director
1$0
ALPHINE JEFFERSONBOARD MEMBER
Trustee or director
1$0
HUGH JOYCEBOARD VP
Trustee or director, Officer
2$0
BILL KITCHENSBOARD SECRET
Trustee or director, Officer
2$0
DAN MCGRAWBOARD MEMBER
Trustee or director
1$0
CLARK MERCERBOARD MEMBER
Trustee or director
1$0
JP PAYNEBOARD MEMBER
Trustee or director
1$0
TIM ROBINSONBOARD TREASU
Trustee or director, Officer
2$0
CARTER WALTONBOARD MEMBER
Trustee or director
1$0
JOHN WORKINGBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensation
SHARITA BIRDENBOARD MEMBER
Trustee or director
–$0
LIZ BRYANTBOARD PRESID
Trustee or director, Officer
–$0
PRESTON BRYANTBOARD MEMBER
Trustee or director
–$0
WILLIAM COPELANDBOARD MEMBER
Trustee or director
–$0
JAMES DOERINGBOARD MEMBER
Trustee or director
–$0
ALPHINE JEFFERSONBOARD MEMBER
Trustee or director
–$0
HUGH JOYCEBOARD VP
Trustee or director, Officer
–$0
BILL KITCHENSBOARD SECRET
Trustee or director, Officer
–$0
DAN MCGRAWBOARD MEMBER
Trustee or director
–$0
CLARK MERCERBOARD MEMBER
Trustee or director
–$0
JP PAYNEBOARD MEMBER
Trustee or director
–$0
TIM ROBINSONBOARD TREASU
Trustee or director, Officer
–$0
CARTER WALTONBOARD MEMBER
Trustee or director
–$0
JOHN WORKINGBOARD MEMBER
Trustee or director
–$0

Address and contacts

Address (IRS master file)
205 ENGLAND ST, ASHLAND, VA 23005-2014
Mailing address (990-N for 2015)
105 Duncan Street, Ashland VA 23005
Principal officer (990 for 2024)
LIZ BRYANT
Principal officer (990-N for 2015)
Max Riederer, 105 Duncan Street, Ashland VA 23005
Signed the 990
LIZ BRYANT, BOARD PRESIDENT
Phone
(804) 401-7007
Return prepared by
MARY CAPULE CPA

Mission

TO REINVENT THE CLASSIC AMERICAN MOVIE HOUSE EXPERIENCE THROUGH EXCEPTIONAL FILM, LIVE PERFORMANCES AND MUSIC. WE DELIVER A DEEPER LEVEL OF COMMUNITY ENGAGEMENT THROUGH SPEAKERS, PANELS, TALKBACKS AND EVENTS THAT ENTERTAIN, EDUCATE, INSPIRE AND ARE WELCOMING TO ALL. WE GIVE VOICE TO ARTISTS AND ACCESS TO AUDIENCES IN UNDERSERVED COMMUNITIES.

990 for the year ended December 31, 2024

Program accomplishments

  • RENOVATION AND MAINTENANCE OF THE HISTORIC ASHLAND THEATRE
    Expenses $16,008
  • PRESENTATION OF FILMS,MUSICAL PROGRAMS AND SPEAKERS FORUMS
    Expenses $442,650

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
74-3224648
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)
$503,257
Income (IRS master file)
$543,549

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$543,549$572,440$503,257IRS
990December 2023$466,097$510,029$522,781XML
990December 2022$371,971$434,590$579,428IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990-N for 2015
Officer: Max Riederer
December 31, 2015≤ $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 74-3224648).

Questions about ASHLAND THEATER FOUNDATION

What is the EIN of ASHLAND THEATER FOUNDATION?
The employer identification number (EIN) of ASHLAND THEATER FOUNDATION is 74-3224648.
Is ASHLAND THEATER FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to ASHLAND THEATER FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ASHLAND THEATER 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 ASHLAND THEATER FOUNDATION 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 ASHLAND THEATER FOUNDATION 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 ASHLAND THEATER FOUNDATION?
The 990 for the year ended December 31, 2024 names LIZ BRYANT.
Who are the officers and directors of ASHLAND THEATER FOUNDATION?
The 990 for the year ended December 31, 2024 lists 14 people; 0 received compensation from the organization.
How much revenue does ASHLAND THEATER FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $543,549, expenses of $572,440 and total assets of $503,257 at year end.

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