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Watertower Theatre Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 751559945 ✦ Addison, TX ✦ Designated as a 501(c)(3)

Overview

What is Watertower Theatre Inc?

Watertower Theatre Inc, located in Addison, Texas, is a nonprofit organization dedicated to enriching the community through various educational opportunities. Their summer conservatory immerses children in the world of theatre arts for two weeks, while their after-school program offers a unique introduction to theatre for students. Additionally, acting classes are available throughout the year for local actors. Beyond these programs, Watertower Theatre Inc provides summer internships, providing young professionals with hands-on experience in a small professional theatre setting. The organization's mission is to create innovative, diverse theatre that fosters empathy and dialogue within the community, thereby building a stronger community.


Official website here: www.watertowertheatre.org

Is Watertower Theatre Inc legitimate?

Watertower Theatre Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Watertower Theatre 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.

Here are some key statistics you may want to consider:

Executive Compensation: $76,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $437,851

For more financial information, click here


Official website here: www.watertowertheatre.org

What is the mission statement of Watertower Theatre Inc?

Watertower Theatre Inc's mission is centered around creating innovative and diverse theatre productions that serve to foster empathy and promote dialogue within the community. By doing so, the theatre aims to build a stronger, more connected community. In addition to their performance-based efforts, Watertower Theatre Inc offers various educational opportunities to the community, such as a summer conservatory for children, an after-school program, acting classes, summer internships, and acting classes for local actors. These educational initiatives provide a unique platform for individuals to engage with theatre arts and develop their skills.


Official website here: www.watertowertheatre.org

Who is the CEO of Watertower Theatre Inc?

Shane Peterman is the Managing Director of Watertower Theatre Inc.


Official website here: www.watertowertheatre.org

What is the revenue of Watertower Theatre Inc?

Watertower Theatre Inc's revenue in 2022 was $749,399.


Official website here: www.watertowertheatre.org

Who are the executives of Watertower Theatre Inc and what are their salaries?

Here are 14 key members and their salaries:

    Shane Peterman (Managing Director)
  • Compensation: $7,900
  • Related: $0
  • Other: $0

    • Nadia Loudon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Timothy Horan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbara Daseke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brittany Willis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Craig Sutton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tiffany Richmond (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Blake Clemens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeannette Johnson (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maggie Vera (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rosalind Benjet (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bruce Arfsten (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rebecca Neef (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Philip Longacre (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.watertowertheatre.org

    Where can I find the form 990 for Watertower Theatre Inc?

    The Watertower Theatre Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.watertowertheatre.org

    Learn more at the official website: www.watertowertheatre.org

    Mission Statement of Watertower Theatre Inc

    Watertower Theatre Inc is committed to creating innovative and diverse theatre that fosters empathy and dialogue, thereby building community. Their mission is to utilize the power of theatre to engage the community and encourage open discussions. To achieve this, they offer various educational opportunities, such as a summer conservatory for children, an after-school program for students, acting classes for local actors, summer internships for young professionals, and ongoing acting classes throughout the season. These initiatives aim to introduce individuals to the world of theatre and provide them with a platform to express themselves and engage with others in a meaningful way. By fostering empathy and dialogue through theatre, Watertower Theatre Inc contributes to a more connected and understanding community.

    Impact

    This information is meant to be a general summary of Watertower Theatre Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Watertower Theatre Inc's impact lies in creating innovative and diverse theater that fosters empathy and dialogue within the community. Through its various educational programs, such as the Summer Conservatory for children, after-school programs, acting classes, and summer internships, the theatre provides valuable opportunities for individuals to engage with and learn about all aspects of theatre arts. By offering these educational initiatives, Watertower Theatre Inc not only helps individuals develop their artistic skills but also contributes to building a more vibrant and culturally enriched community in Addison, TX.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $104,939
  • Gross Receipts: $749,399

    • Assets and Liabilities:
  • Total Assets: $175,023
  • Total Liabilities: $201,355
  • Net Assets: -$26,332
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Ticket Sales

    Revenue

    $104,939

    Organization Details

    Founding Year

    1977

    Principal Officer

    Shane Peterman

    Main Address

    15650 Addison Road, Addison, TX, 75001

    NTEE Category

    Code: A650 - Arts

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