Overview
What is Longmont Theatre Company Inc?
Longmont Theatre Company Inc, established 65 years ago, is a community-driven nonprofit based in Longmont, Colorado. The organization operates a performing arts center, relying on over 250 volunteers. Their primary mission is to deliver top-notch entertainment with an educational focus for the Greater Boulder County area. They achieve this through annual live stage productions, workshops, and community outreach, including a summer repertory theatre that performs Shakespeare in local parks. Unfortunately, the COVID-19 pandemic significantly impacted their operations, leading to the cancellation of various productions and revenue losses. Despite these challenges, they managed to reopen in fiscal year 2021-2022 with a Christmas production, only to face another closure due to the OMICRON variant. The company currently employs a small team of three individuals.
Official website here: www.longmonttheatre.org
Is Longmont Theatre Company Inc legitimate?
Longmont Theatre Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Longmont Theatre Company Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $7,590
Professional Fundraising Fees: $0
Other Salaries and Wages: $21,990
For more financial information, click here
Official website here: www.longmonttheatre.org
What is the mission statement of Longmont Theatre Company Inc?
The Longmont Theatre Company's mission is centered around providing high-quality theatrical entertainment with an educational focus, engaging the community of Greater Boulder County. The company strives to manage its performing arts center in a self-sufficient manner, annually presenting live stage productions, adult and children's workshops, and community outreach. However, the onset of COVID-19 brought significant challenges, causing the cancellation of several productions and revenue streams, resulting in significant financial losses. Despite these setbacks, the company has managed to reopen for select productions, only to be affected by the Omicron variant and other closures.
Official website here: www.longmonttheatre.org
Who is the CEO of Longmont Theatre Company Inc?
Faye Lamb is the President of Longmont Theatre Company Inc.
Official website here: www.longmonttheatre.org
What is the revenue of Longmont Theatre Company Inc?
Longmont Theatre Company Inc's revenue in 2022 was $179,362.
Official website here: www.longmonttheatre.org
Who are the executives of Longmont Theatre Company Inc and what are their salaries?
The average compensation at Longmont Theatre Company Inc during 2022 was $9,860. There are 3 employees and 13 volunteers at Longmont Theatre Company Inc.
Here are 12 key members and their salaries:
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Official website here: www.longmonttheatre.org
Where can I find the form 990 for Longmont Theatre Company Inc?
Longmont Theatre Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.longmonttheatre.org
Learn more at the official website: www.longmonttheatre.org
Mission Statement of Longmont Theatre Company Inc
Longmont Theatre Company Inc, established over six decades ago, is committed to delivering top-notch entertainment with a strong educational focus, catering to the citizens of the Greater Boulder County area. The organization takes pride in managing a self-sufficient performing arts center, where it annually stages live theatrical productions, conducts workshops for both adults and children, and engages in community outreach initiatives. During the summer, the company's summer repertory theatre Shakespeare troupe performs in local parks, offering free entertainment to the community.
However, the pandemic posed significant challenges to Longmont Theatre Company Inc. The company had to close its doors in March 2020, leading to the cancellation of two productions, including the largest ticket seller of the season, and the loss of all concessions revenue. Despite these setbacks, individual donations helped the theatre maintain its building and meet basic fixed expenses. In July 2021, the company reopened with a Christmas production, but further closures due to the OMICRON variant and COVID-19 forced cancellations and losses in ticket and concessions revenue.
Despite these challenges, Longmont Theatre Company Inc remains dedicated to its mission of providing high-quality entertainment and education to the community. Its resilience and commitment to its mission are evident in its ability to reopen and continue its work, even amidst the challenges posed by the pandemic.
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Impact
October, 2024
Longmont Theatre Company Inc has made a significant impact in the Greater Boulder County area through its commitment to high-quality theatrical productions and educational programs. With over 250 volunteers, the company has cultivated a vibrant community of performers and audiences, uniting individuals of diverse backgrounds under the shared enjoyment of live theater.
The company not only produces a variety of engaging and entertaining live performances, but it also emphasizes educational initiatives that enrich the lives of both children and adults. These workshops and outreach programs foster creativity and provide valuable skills, ensuring that the arts remain a vital component of the community.
However, the COVID-19 pandemic presented unprecedented challenges, leading to a significant reduction in funding and a prolonged closure of the performing arts center. This disruption affected ticket sales, concessions, and numerous productions, yet the theatre displayed resilience by reopening with limited offerings. Despite subsequent setbacks due to health concerns, the organization remained committed to its mission.
The Longmont Theatre Company continues to be a crucial cultural asset, revitalizing the community by providing access to the arts, encouraging participation, and nurturing the next generation of artists. Its ability to adapt in the face of challenges reinforces its importance in promoting the shared joy of theater within the area.
This information is meant to be a general summary of Longmont Theatre Company Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,504
- Program Service Revenue: $98,895
- Gross Receipts: $179,362
Assets and Liabilities:
- Total Assets: $581,987
- Total Liabilities: $349,811
- Net Assets: $232,176
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Art Cinema/Concert/Comedy
Revenue
$11,338
Theatrical Productions
Revenue
$65,359
Youth Theatre
Revenue
$22,198
Organization Details
Founding Year
1988
Phone
(303) 772-5200Principal Officer
Faye Lamb
Main Address
PO BOX 573, Longmont, CO, 80502
Website
www.longmonttheatre.orgNTEE Category
Code: A650 - Arts
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