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Nonprofit · EIN 75-1777222

CIRCLE THEATRE INC

Tax-exempt · FORT WORTH, TX 76102

Financials

$707K$849K2024
Revenue Expenses · by fiscal year end
Financials of CIRCLE THEATRE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$706,994$848,587-$141,593$627,503$68,992$558,511
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$425,592
of which government grants
$4,565
Program service revenue
$281,387
Investment income
$15
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$85,250
Other salaries and wages
$330,105
Salaries, compensation and benefits (total)
$517,445
Professional fundraising fees
$0
Accounting fees
$5,000
Occupancy
$32,471
Depreciation
$2,149
Program services (functional)
$666,066
Management and general (functional)
$163,306
Fundraising (functional)
$19,215

Balance sheet and other

Total assets, start of year
$769,595
Total assets, end of year
$627,503
Total liabilities, end of year
$68,992
Net assets, end of year
$558,511
Land, buildings and equipment
$9,767
Net assets without donor restrictions
$388,880
Net assets with donor restrictions
$169,631
Gross receipts
$706,994
Employees
70
Volunteers
0
Year formed
1981
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
TIM LONGEXECUTIVE DIRECTOR
Officer
40$85,250
ERIC CANALESPRESIDENT
Trustee or director, Officer
0$0
JULIENNE GREERSECRETARY
Trustee or director, Officer
0$0
LEWIS SCHWARTZTREASURER
Trustee or director, Officer
0$0
LAUREN ALBRECHTDIRECTOR
Trustee or director
0$0
SHARON GREENSTONEDIRECTOR
Trustee or director
0$0
ASHLEIGH HERRONDIRECTOR
Trustee or director
0$0
KRISTEN MCCURDYDIRECTOR
Trustee or director
0$0
AMETHYST SLOANEDIRECTOR
Trustee or director
0$0
BRUCE WEINERDIRECTOR
Trustee or director
0$0
JEREMY DAVISDIRECTOR
Trustee or director
0$0
BLAKE LENZDIRECTOR
Trustee or director
0$0
LANA HOOVERDIRECTOR
Trustee or director
0$0
TAYLOR STANIFORTHDIRECTOR
Trustee or director
0$0
ASHLEY WHITEDIRECTOR
Trustee or director
0$0
1 more people on this return
NameTitleHours / weekCompensation
DANIEL MARDONESDIRECTOR
Trustee or director
0$0

Address and contacts

Address (IRS master file)
230 W 4TH ST, FORT WORTH, TX 76102-3927
Principal officer (990 for 2024)
TIM LONG, PO BOX 470456, FORT WORTH, TX 761470456
Signed the 990
TIM LONG, EXECUTIVE DIRECTOR
Phone
(817) 877-3040
Return prepared by
CHARLES O PAUL CPA

Mission

CIRCLE THEATRE IS A TEXAS NONPROFIT CORPORATION CREATED TO ESTABLISH A PROFESSIONAL THEATRE IN FORT WORTH, TEXAS TO FURTHER THE DEVELOPMENT OF DRAMATIC ART AND TO ENCOURAGE THE DEVELOPMENT OF HIGH LITERARY AND DRAMATIC STANDARDS.

990 for the year ended December 31, 2024

Program accomplishments

  • VARIOUS THEATRICAL PRODUCTIONS/PERFORMANCES SERVING OVER 10,000 PATRONS.
    Expenses $666,066 · revenue $281,387
  • ADMINISTRATION OF THE LOCAL AEA ACTORS UMBRELLA WHICH ALLOWS NON-AEA THEATRES TO USE AEA ACTORS.

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
75-1777222
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
1982
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$627,503
Income (IRS master file)
$706,994

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$693,703$785,185$769,595IRS
990December 2022$689,080$722,034$837,342IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about CIRCLE THEATRE INC

What is the EIN of CIRCLE THEATRE INC?
The employer identification number (EIN) of CIRCLE THEATRE INC is 75-1777222.
Is CIRCLE THEATRE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
Are donations to CIRCLE THEATRE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CIRCLE 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 CIRCLE THEATRE 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 CIRCLE THEATRE 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 CIRCLE THEATRE INC?
The 990 for the year ended December 31, 2024 names TIM LONG.
Who are the officers and directors of CIRCLE THEATRE INC?
The 990 for the year ended December 31, 2024 lists 16 people; 1 received compensation from the organization, the highest $85,250 (TIM LONG, EXECUTIVE DIRECTOR).
How much revenue does CIRCLE THEATRE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $706,994, expenses of $848,587 and total assets of $627,503 at year end.

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