Colchester Community Theatre Inc

Nonprofit profile at a glance

EIN
934157632
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024
Location
Colchester, CT, USA
Phone
8609089286
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$50,361
Expenses
$38,368
Assets
$62,885
Liabilities
$57

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • WALLIS JOHNSON (VICE PRESIDENT)
  • DIANE OZMUN (PRESIDENT)

People named in this filing

  • WALLIS JOHNSON (VICE PRESIDENT)
  • WILLIAM WATSON JR (DIRECTOR)
  • AMANDA BACKER (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the cct is to provide a vehicle for the production and development of the performing arts in colchester Connecticut. This includes, but is not limited to, drama, musical productions and related cultural events. The cct shall encourage community participation in all of its public activities and shall ensure that its ticket prices are as low as reasonably achievable, while still providing for high quality entertainment and investment in its future.

What it reported doing in 2024

Children's summer theatre workshop and production of matilda jr. The musical. This is a 2 week musical theatre workshop of kids entering 2nd through 12th grades. The workshop included 72 participants and approximately 15 volunteers. Over the two weeks, participants learned all aspects of production including singing, choreography, blocking, props, set decor, and sound. At the end of the two weeks, the workshop culminated in one performance of matilda jr. The musical.

Operating model

Revenue model
Earned-program. 77% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 57
  • Transparency & Controls: 82
  • Sustainability: 65
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 51.1%; rating input score 51
  • Program expense ratio: 67.1%; rating input score 67

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 23.8%; rating input score 77; 77th percentile among comparable filings
  • Total-asset coverage ratio: 1.64; rating input score 60; 60th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 35; 35th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 4.6% per year; rating input score 100; 61st percentile among comparable filings
  • Revenue growth: -39.9% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: 21.2% per year; rating input score 100; 87th percentile among comparable filings

Details

  • Where the money goes: 51.1% of revenue deployed · 67.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $26K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Mission deployment rate scored 51/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 35/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.