Nonprofit · EIN 82-0870501
COVELLITE PRESENTS
Tax-exempt · BUTTE, MT 59701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $264,499 | $299,288 | -$34,789 | $20,286 | $15,960 | $4,326 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $100,283
- of which government grants
- $25,500
- Program service revenue
- $115,540
- Investment income
- $0
- Net rental income
- $6,373
- Net income from sales of inventory
- $42,303
- Other revenue
- $48,676
Expenses
- Grants and similar amounts paid
- $6,157
- Other salaries and wages
- $39,518
- Salaries, compensation and benefits (total)
- $43,145
- Professional fundraising fees
- $0
- Accounting fees
- $3,216
- Occupancy
- $46,994
- Program services (functional)
- $265,588
- Management and general (functional)
- $33,700
Balance sheet and other
- Total assets, start of year
- $1,381
- Total assets, end of year
- $20,286
- Total liabilities, end of year
- $15,960
- Net assets, end of year
- $4,326
- Net assets without donor restrictions
- $3,726
- Net assets with donor restrictions
- $600
- Gross receipts
- $300,504
- Employees
- 5
- Volunteers
- 3
- Year formed
- 2017
- State of legal domicile
- MT
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DEMETRIUS FASSAS | BOARD CHAIR/SECRETARY Officer | 20 | $0 |
| MATT FREY | TREASURER Officer | 0.25 | $0 |
| SCOTT COSTELLO | VICE CHAIR Officer | 0.25 | $0 |
Address and contacts
- Address (IRS master file)
- 215 W BROADWAY ST, BUTTE, MT 59701-9225
- Mailing address (990-N for 2023)
- 215 West Broadway St, Butte MT 59701
- Principal officer (990 for 2024)
- DEMETRIUS FASSAS, 521 N EXCELSIOR AVE, BUTTE, MT 59701
- Principal officer (990-N for 2023)
- Demetrius Fassas, 521 N EXCELSIOR AVE, BUTTE MT 59701
- Signed the 990
- DEMETRIUS FASSAS, DIRECTOR
- Phone
- (406) 333-1658
- Website
- covellitepresents.org
Mission
COVELLITE PRESENTS ENGAGES, INSPIRES, ENTERTAINS & CHALLENGES AUDIENCES WITH STAGE PRODUCTIONS THAT RANGE FROM THE CLASSICS TO EXPERIMENTAL WORKS. WE PROVIDE ARTS EDUCATION PROGRAMS THAT PROMOTE LIFE-LONG LEARNING TO A DIVERSE COMMUNITY; AND WE CELEBRATE THE ESSENTIAL POWER OF THE ARTS TO ILLUMINATE OUR COMMON HUMANITY.
Program accomplishments
- LIVE ENTERTAINMENTCOVELLITE PRESENTS DELIVERED A FULL SEASON OF LIVE ENTERTAINMENT IN 2024, HOSTING OVER 216 PUBLIC EVENTS INCLUDING CONCERTS, THEATER PERFORMANCES, FILM SCREENINGS, COMEDY SHOWS, AND COMMUNITY FESTIVALS. THE PROGRAM SERVED MORE THAN 8,000 ATTENDEES FROM BUTTE AND THE SURROUNDING REGION, PROVIDING ACCESS TO LOCAL, REGIONAL, AND NATIONAL TOURING ARTISTS. HIGHLIGHTS INCLUDED CELTIC MUSIC LEGENDS, INDIE ROCK BANDS, LOCAL THEATER PRODUCTIONS, AND THE ANNUALCOVELLITE INTERNATIONAL FILM FESTIVAL. THIS PROGRAM FULFILLS COVELLITE'S MISSION TO ENRICH THE CULTURAL LANDSCAPE OF THE COMMUNITY BY OFFERING DIVERSE, HIGH-QUALITY PERFORMING ARTS EXPERIENCES.Expenses $233,707 · grants $6,157 · revenue $115,540
- BAR & CONCESSION SALESCOVELLITE'S BAR AND CONCESSIONS PROGRAM SUPPORTED OVER 216 LIVE EVENTS AND 15 PRIVATE RENTALS IN 2024, OFFERING BEER, WINE, NONALCOHOLIC BEVERAGES, AND SNACKS TO AN ESTIMATED 4,500 PATRONS. REVENUE FROM THIS PROGRAM DIRECTLY SUPPORTS COVELLITE'S OPERATIONAL COSTS, HELPING KEEP TICKET PRICES ACCESSIBLE AND FUNDING ONGOING BUILDING IMPROVEMENTS. THE PROGRAM IS OPERATED BY TRAINED STAFF AND VOLUNTEERS, ENSURING RESPONSIBLE ALCOHOL SERVICE AND PROVIDING AN ENJOYABLE, SOCIAL ATMOSPHERE THAT ENHANCES THE LIVE ENTERTAINMENT EXPERIENCE.Expenses $31,881 · revenue $42,302
- EVENT RENTALSCOVELLITE THEATRE SERVED AS A UNIQUE HISTORIC VENUE FOR 15 PRIVATE EVENTS IN 2024, INCLUDING WEDDINGS, NONPROFIT FUNDRAISERS, BUSINESS CONFERENCES, AND COMMUNITY GATHERINGS. THESE RENTALS BENEFITTED APPROXIMATELY 1,500 PARTICIPANTS AND GENERATED CRITICAL EARNED INCOME THAT SUPPORTS COVELLITE'S NONPROFIT MISSION. THE VENUE OFFERS FLEXIBLE SPACES INCLUDING A 250-SEAT MAIN THEATRE AND A 150-CAPACITY LOUNGE PROVIDING A VITAL GATHERING PLACE FOR DIVERSE COMMUNITY USES WHILE PRESERVING AN ICONIC BUTTE LANDMARK.revenue $6,374
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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-N on file |
IRS record
- EIN
- 82-0870501
- 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
- 2017
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A20)
- Assets (IRS master file)
- $20,286
- Income (IRS master file)
- $300,504
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $264,499 | $299,288 | $20,286 | XML |
| 990-N for 2023 Officer: Demetrius Fassas | December 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2022 Officer: Demetrius Fassas | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: MATT FREY | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: MATT FREY | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 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 82-0870501).
Questions about COVELLITE PRESENTS
- What is the EIN of COVELLITE PRESENTS?
- The employer identification number (EIN) of COVELLITE PRESENTS is 82-0870501.
- Is COVELLITE PRESENTS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to COVELLITE PRESENTS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COVELLITE PRESENTS 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 COVELLITE PRESENTS 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 COVELLITE PRESENTS 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 COVELLITE PRESENTS?
- The 990 for the year ended December 31, 2024 names DEMETRIUS FASSAS.
- Who are the officers and directors of COVELLITE PRESENTS?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does COVELLITE PRESENTS have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $264,499, expenses of $299,288 and total assets of $20,286 at year end.
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All nonprofits in BUTTE · Montana · Arts, culture and humanities