Nonprofit · EIN 82-0355298
LAUGHING STOCK THEATRE COMPANY
Tax-exempt (reinstated) · SUN VALLEY, ID 83353
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $185,966 | $192,698 | -$6,732 | $0 | $20,421 | -$20,421 |
| December 31, 2024 | 990-EZ | $182,725 | $190,893 | -$8,168 | $0 | $13,689 | -$13,689 |
| December 31, 2023 | 990-EZ | $192,947 | $197,145 | -$4,198 | $0 | $5,521 | -$5,521 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $84,556
- Program service revenue
- $96,610
- Investment income
- $0
- Net income from fundraising events
- $4,800
Expenses
- Compensation of officers, directors and key employees
- $6,000
- Salaries, compensation and benefits (total)
- $0
- Professional fees and payments to contractors
- $67,520
- Occupancy
- $35,600
- Printing, publications and postage
- $698
- Other expenses
- $88,880
- Program services (functional)
- $115,000
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $0
- Total liabilities, end of year
- $20,421
- Net assets, end of year
- -$20,421
- Gross receipts
- $185,966
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Patricia Wygle | Vice President | 10 | $6,000 |
| Kathleen Wygle | President | 3 | $0 |
| William Nagel | Treasuere | 2 | $0 |
| Megan Mahoney | Secretary | 4 | $0 |
990-EZ for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Patricia Wygle | Vice President | 10 | $14,300 |
| Kathleen Wygle | President | 3 | $0 |
| William Nagel | Sec Treasuere | 2 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kathleen Wygle | President | 3 | $0 |
| Patricia Wygle | Vice President | 10 | $0 |
| William Nagel | Sec Treasuere | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 3092, SUN VALLEY, ID 83353-3092
- In care of
- % PATRICIA WYGLE
- Mailing address (990-N for 2021)
- PO Box 3092, Sun Valley ID 83353
- Principal officer (990-N for 2021)
- Kathleen Wygle, PO Box 651, Sun Valley ID 83353
- Signed the 990-EZ
- Patricia, Vice President
Mission
To provide live quality entertainment and theater education to Blaine County Idaho and beyond. This year we received a grant from the Idaho Commission on the Arts for productions but our education grant was rescinded after the NEA was under the Trump administration.
Program accomplishments
- Drama Club: an after-school theatre program for students 6-18. Extended age range to continue with current students. Meets for 6 weeks 3 times a year. We serve about 120 students a year. Scholarships are offered.
- Camp Little Laugh: a two week full day summer camp held at the Community School campus in Sun Valley. Children aged 4-14 approx 30 and Jr. Counselors ages 15-18 approx. 8. There is a free production open to the public on the final Friday
- Outdoor Sun Valley Shakespeare in the Park. In 2023 Twelfth Night. We bring in a Director from NYC along with 7 or 8 professional actors from around the country. Local actors Stage Managers and technicians fill out the professional production. The show runs 8 performances over 2 weeks and generates over 800 in adult and child audience members.
- Drama Club: an after-school theatre program for students 6-18. Extended age range to continue with current students. Meets for 6 weeks 3 times a year. We serve about 120 students a year. Scholarships are offered.Expenses $7,500 · grants $6,750
- Camp Little Laugh: a two week full day summer camp held at the Community School campus in Sun Valley. Children aged 4-14 approx 30 and Jr. Counselors ages 15-18 approx. 8. There is a free production open to the public on the final FridayExpenses $18,500 · grants $10,000
- Outdoor Sun Valley Shakespeare in the Park. In 2023 Twelfth Night. We bring in a Director from NYC along with 7 or 8 professional actors from around the country. Local actors Stage Managers and technicians fill out the professional production. The show runs 8 performances over 2 weeks and generates over 800 in adult and child audience members.Expenses $89,000 · grants $31,576
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 82-0355298
- 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
- 2018
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A65)
- Assets (IRS master file)
- $1
- Income (IRS master file)
- $185,966
Revocation and reinstatement
- Exemption revoked
- May 15, 2013
- Posted by the IRS
- August 12, 2013
- Reinstated
- Effective October 15, 2018
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $185,966 | $192,698 | $0 | IRS |
| 990-EZ | December 2024 | $182,725 | $190,893 | $0 | IRS |
| 990-EZ | December 2023 | $192,947 | $197,145 | $0 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-N for 2021 Officer: Kathleen Wygle | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-N for 2009 Officer: Kathleen Wygle | December 31, 2009 | ≤ $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 82-0355298).
Questions about LAUGHING STOCK THEATRE COMPANY
- What is the EIN of LAUGHING STOCK THEATRE COMPANY?
- The employer identification number (EIN) of LAUGHING STOCK THEATRE COMPANY is 82-0355298.
- Is LAUGHING STOCK THEATRE COMPANY tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2013 and reinstated it effective October 15, 2018.
- Are donations to LAUGHING STOCK THEATRE COMPANY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LAUGHING STOCK THEATRE COMPANY 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 LAUGHING STOCK THEATRE COMPANY 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 LAUGHING STOCK THEATRE COMPANY last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of LAUGHING STOCK THEATRE COMPANY?
- The 990-N for 2021 names Kathleen Wygle.
- Who are the officers and directors of LAUGHING STOCK THEATRE COMPANY?
- The 990-EZ for the year ended December 31, 2025 lists 4 people; 1 received compensation from the organization, the highest $6,000 (Patricia Wygle, Vice President).
- How much revenue does LAUGHING STOCK THEATRE COMPANY have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $185,966, expenses of $192,698 and total assets of $0 at year end.
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- SUN VALLEY FILM FESTIVAL INC EIN 61-1667380 · last filed 990 for 2024
- MOONWATER DANCE PROJECT INC EIN 82-5387878 · last filed 990-N for 2025
- WOOD RIVER VALLEY STUDIO TOUR INC EIN 46-2308420 · last filed 990-N for 2024
- SUN VALLEY COMMUNITY SCHOOL INC EIN 82-0307094 · last filed 990 for 2025
- VALLEY CLUB INC EIN 82-0488586 · last filed 990 for 2024
- SUN VALLEY SKI EDUCATION FOUNDATION INC EIN 82-0264946 · last filed 990 for 2026
All nonprofits in SUN VALLEY · Idaho · Arts, culture and humanities