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Liberty Theatre Foundation Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Arts, Culture and Humanities / Single Organization Support (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$27.4k (2023)

Expenses
$15.6k (2023)

Total Assets
$1.31M (2023)

Total Liabilities
$150k (2023)

Source: Form 990 tax filings from 2012 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$27,350
Expenses
$15,562
Net Income
$11,788
Net Assets
$1,160,899
Notable Sources of Revenue Percent of Total Revenue
Contributions $27,344
100.0%
Program Services $0
Investment Income $6
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $4,150
26.7%
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,310,899
Total Liabilities $150,000
Net Assets $1,160,899
Compensation
Key Employees and Officers Compensation Related Other
Kelly Ducote (Board Member) $0 $0 $0
Jeff Clark (Vice Chair) $0 $0 $0
Ashley O Toole (Board Chair) $0 $0 $0
Ted Kramer (Secretary & Treasure) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$55,709
Expenses
$16,679
Net Income
$39,030
Net Assets
$1,149,111
Notable Sources of Revenue Percent of Total Revenue
Contributions $55,701
100.0%
Program Services $0
Investment Income $8
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $3,990
23.9%
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,299,111
Total Liabilities $150,000
Net Assets $1,149,111
Compensation
Key Employees and Officers Compensation Related Other
Kelly Ducote (Board Member) $0 $0 $0
Jeff Clark (Vice Chair) $0 $0 $0
Ashley O Toole (Board Chair) $0 $0 $0
Ted Kramer (Secretary & Treasure) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$229,984
Expenses
$19,787
Net Income
$210,197
Net Assets
$1,110,081
Notable Sources of Revenue Percent of Total Revenue
Contributions $229,984
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $5,875
29.7%
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,260,081
Total Liabilities $150,000
Net Assets $1,110,081
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Kelly Ducote (Board Member) $0 $0 $0
Michael Fraiser (Board Member) $0 $0 $0
Jeff Clark (Vice Chair) $0 $0 $0
Ashley O Toole (Board Chair) $0 $0 $0
Ted Kramer (Secretary & Treasure) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$106,427
Expenses
$22,074
Net Income
$84,353
Net Assets
$914,017
Notable Sources of Revenue Percent of Total Revenue
Contributions $106,418
100.0%
Program Services $0
Investment Income $9
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $8,144
36.9%
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,064,017
Total Liabilities $150,000
Net Assets $914,017
Compensation
Key Employees and Officers Compensation Related Other
Kelly Ducote (Director) $0 $0 $0
Michael Fraiser (Director) $0 $0 $0
Jeff Clark (Vice Chair) $0 $0 $0
Ashley O Toole (Board Chair) $0 $0 $0
Ted Kramer (Secretary & Treasure) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$276,211
Expenses
$17,935
Net Income
$258,276
Net Assets
$854,956
Notable Sources of Revenue Percent of Total Revenue
Contributions $276,159
100.0%
Program Services $0
Investment Income $52
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $6,630
37.0%
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,004,956
Total Liabilities $150,000
Net Assets $854,956
Compensation
Key Employees and Officers Compensation Related Other
Michael Fraiser (Vice Chair) $0 $0 $0
Ted Kramer (Secretary & Treasurer) $0 $0 $0
Kelly Ducote (Direcotr) $0 $0 $0
Jeff Clark (Director) $0 $0 $0
Michael Jaeger (Chair) $0 $0 $0
Brent Smith (Director) $0 $0 $0
Brian Young (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$478,204
Expenses
$28,240
Net Income
$449,964
Net Assets
$596,680
Notable Sources of Revenue Percent of Total Revenue
Contributions $475,635
99.5%
Program Services $0
Investment Income $44
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,525
0.5%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $12,755
45.2%
Other Salaries and Wages $0
Assets/Debt
Total Assets $746,680
Total Liabilities $150,000
Net Assets $596,680
Compensation
Key Employees and Officers Compensation Related Other
Michael Jaeger (Board Member President) $0 $0 $0
Mike Fraser (Vice President) $0 $0 $0
Ted Kramer (Secretary) $0 $0 $0
Michael Heather (Board Member) $0 $0 $0
Kelly Ducote (Board Member) $0 $0 $0
Doyle Slater (Board Member) $0 $0 $0
Brent Smith (Board Member) $0 $0 $0
Ashley O Toole (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$54,911
Expenses
$44,457
Net Income
$10,454
Net Assets
$146,716
Notable Sources of Revenue Percent of Total Revenue
Contributions $53,538
97.5%
Program Services $0
Investment Income $2
0.0%
Net Fundraising $1,354
2.5%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $17
0.0%
Assets/Debt
Total Assets $431,378
Total Liabilities $284,662
Net Assets $146,716
Compensation
Key Employees and Officers Compensation Other
Kelly Ducote (Executive Director Board Member) $6,900 $0
D Dale Mammen (Board Member President) $0 $0
Michael Jaeger (Vice President) $0 $0
Ted Kramer (Secretary) $0 $0
Michelle Long (Treasurer) $0 $0
Michael Heather (Board Member) $0 $0
Doyle Slater (Board Member) $0 $0
Brent Smith (Board Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$115,342
Expenses
$87,659
Net Income
$27,683
Net Assets
$154,016
Notable Sources of Revenue Percent of Total Revenue
Contributions $56,576
49.1%
Program Services $1,146
1.0%
Investment Income $17,231
14.9%
Net Fundraising $40,055
34.7%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $334
0.3%
Assets/Debt
Total Assets $418,366
Total Liabilities $264,350
Net Assets $154,016
Compensation
Key Employees and Officers Compensation Other
Kelly Ducote (Executive Direc) $28,125 $0
D Dale Mammen (President) $0 $0
Doyle Slater (Vice President) $0 $0
Ted Kramer (Secretary) $0 $0
Michael Moeller (Treasurer) $0 $0
Michael Heather (Board Memeber) $0 $0
Kara Rudd (Board Member) $0 $0
Michael Jaeger (Board Member) $0 $0
Brent Smith (Board Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$94,178
Expenses
$42,114
Net Income
$52,064
Net Assets
$126,333
Notable Sources of Revenue Percent of Total Revenue
Contributions $65,882
70.0%
Program Services $600
0.6%
Investment Income $12,640
13.4%
Net Fundraising $15,056
16.0%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $395,183
Total Liabilities $268,850
Net Assets $126,333

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$79,566
Expenses
$57,708
Net Income
$21,858
Net Assets
$74,269
Notable Sources of Revenue Percent of Total Revenue
Contributions $57,709
72.5%
Program Services $770
1.0%
Investment Income $14,722
18.5%
Net Fundraising $6,365
8.0%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $350,911
Total Liabilities $276,642
Net Assets $74,269

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$76,548
Expenses
$48,539
Net Income
$28,009
Net Assets
$52,411
Notable Sources of Revenue Percent of Total Revenue
Contributions $51,914
67.8%
Program Services $3,573
4.7%
Investment Income $10,850
14.2%
Net Fundraising $10,211
13.3%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $202,411
Total Liabilities $150,000
Net Assets $52,411
Compensation
Key Employees and Officers Compensation Other
D Dale Mammen (President) $0 $0
Doyle Slater (Vice President) $0 $0
Ted Kramer (Secretary) $0 $0
Michael Moeller (Treasurer) $0 $0
Michael Heather (Board Memeber) $0 $0
John Howard (Board Member) $0 $0
Kara Rudd (Board Member) $0 $0
Michael Jaeger (Board Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$108,763
Expenses
$84,361
Net Income
$24,402
Net Assets
$24,402
Notable Sources of Revenue Percent of Total Revenue
Contributions $89,474
82.3%
Program Services $1,113
1.0%
Investment Income $16,550
15.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $201
0.2%
Assets/Debt
Total Assets $174,402
Total Liabilities $150,000
Net Assets $24,402

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

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