Skip to main content

Nonprofit · EIN 95-4567319

TOWNE STREET THEATRE

Tax-exempt · LOS ANGELES, CA 90037

Financials

$143K$124K2023$69K$124K2024
Revenue Expenses · by fiscal year end
Financials of TOWNE STREET THEATRE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$69,090$124,383-$55,293$196,575$0$196,575
December 31, 2023990$142,715$124,130$18,585$251,991$0$251,991
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$69,090
of which government grants
$10,304
Membership dues
$930
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$53,208
Salaries, compensation and benefits (total)
$60,936
Professional fundraising fees
$0
Accounting fees
$1,950
Occupancy
$7,250
Travel
$3,117
Program services (functional)
$62,189
Management and general (functional)
$62,194

Balance sheet and other

Total assets, start of year
$251,991
Total assets, end of year
$196,575
Total liabilities, end of year
$0
Net assets, end of year
$196,575
Gross receipts
$69,090
Employees
0
Volunteers
0
Year formed
1993
State of legal domicile
CA

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
Sarah BauerSecretary
Trustee or director
30$10,000
Veronica McClellandTreasurer
Trustee or director
30$7,002
Veronica ThompsonPresident
Trustee or director, Officer
3$0
Nancy ReneeVice President
Trustee or director, Officer
3$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
Nancy DavisSecretary/Treasurer
Trustee or director, Officer
10$0
Veronica ThompsonPresident
Trustee or director, Officer
3$0
Nancy ReneeVice President
Trustee or director, Officer
3$0

Address and contacts

Address (IRS master file)
4101 BUDLONG AVENUE, LOS ANGELES, CA 90037-1759
In care of
% NANCY DAVIS
Mailing address (990-N for 2020)
4101 Budlong Avenue, Los Angeles CA 90037
Principal officer (990 for 2024)
Sarah Bauer, 4101 Budlong Avenue, Los Angeles, CA 90037
Principal officer (990-N for 2020)
Nancy Davis, 4101 Budlong Avenue, Los Angeles CA 90037
Signed the 990
Sarah Bauer, Secretary
Phone
(559) 367-4557
Return prepared by
World Management Solutions Inc

California records

California keeps its own records of charities and corporations. Search them by EIN 95-4567319 or by the name TOWNE STREET THEATRE.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

None

990 for the year ended December 31, 2024

Program accomplishments

  • To create, develop and produce original work that is reflective of the Black experience and perspective for theater and film.
    Expenses $62,189

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
95-4567319
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
1996
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$196,575
Income (IRS master file)
$69,090

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$69,090$124,383$196,575XML
990December 2023$142,715$124,130$251,991XML
990December 2022$226,348$39,317$234,518IRS
990-N for 2020
Officer: Nancy Davis
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Nancy Davis
December 31, 2019≤ $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 95-4567319).

Questions about TOWNE STREET THEATRE

What is the EIN of TOWNE STREET THEATRE?
The employer identification number (EIN) of TOWNE STREET THEATRE is 95-4567319.
Is TOWNE STREET THEATRE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to TOWNE STREET THEATRE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TOWNE STREET THEATRE 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 TOWNE STREET THEATRE 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 TOWNE STREET THEATRE 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 TOWNE STREET THEATRE?
The 990 for the year ended December 31, 2024 names Sarah Bauer.
Who are the officers and directors of TOWNE STREET THEATRE?
The 990 for the year ended December 31, 2024 lists 4 people; 2 received compensation from the organization, the highest $10,000 (Sarah Bauer, Secretary).
How much revenue does TOWNE STREET THEATRE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $69,090, expenses of $124,383 and total assets of $196,575 at year end.

Other nonprofits in LOS ANGELES

All nonprofits in LOS ANGELES · California · Arts, culture and humanities