Chance Theater

Current Fiscal Year

Fiscal Year Start Date: January 1, 2026

Fiscal Year End Date: December 31, 2026

Projected Revenue: $1,578,579

Projected Expense: $1,578,579

Revenue vs. Expense ($)

Expense Breakdown: 2024 (%)

Expense Breakdown: 2023 (%)

Expense Breakdown: 2022 (%)

990 Tax Form Newest 990 Year opens each June

Prior Three Years Total Revenue and Expense Totals

Fiscal Year	2024	2023	2022
Total Revenue	$1,285,310	$1,907,606	$1,324,533
Total Expenses	$1,327,169	$1,356,917	$1,215,227

Prior Three Years Revenue Sources

Fiscal Year	2024	2023	2022
Foundation and Corporation Contributions	$473,390	$1,065,692	$471,716
Government Contributions	$39,000	$91,322	$315,287
Federal	-	-	-
State	-	-	-
Local	-	-	-
Unspecified	-	-	-
Individual Contributions	-	-	-
Indirect Public Support	-	-	-
Earned Revenue	$481,881	$494,576	$388,530
Investment Income, Net of Losses	$129,363	$69,155	$28,307
Membership Dues	-	-	-
Special Events	$141,313	$149,448	$90,606
Revenue In-Kind	-	-	-
Other Revenue	$20,363	$37,413	$30,087

Prior Three Years Expense Allocations by Type

Fiscal Year	2024	2023	2022
Program Expense	$1,092,840	$1,094,022	$983,902
Administration Expense	$120,198	$144,135	$133,229
Fundraising Expense	$114,131	$118,760	$98,096
Payments to Affiliates	-	-	-
Total Revenue/Total Expenses	0.97	1.41	1.09
Program Expense/Total Expenses	82%	81%	81%
Fundraising Expense/Total Revenue	9%	6%	7%

Prior Three Years Assets and Liabilities

Fiscal Year	2024	2023	2022
Total Assets	$3,588,945	$3,039,445	$2,330,751
Current Assets	$888,170	$3,024,615	$2,282,736
Long-Term Liabilities	$528,041	$4,844	-
Current Liabilities	$307,257	$309,579	$305,666
Total Net Assets	$2,753,647	$2,725,022	$2,025,085

Short Term Solvency

Fiscal Year	2024	2023	2022
Current Assets/Current Liabilities	2.89	9.77	7.47

Long Term Solvency

Fiscal Year	2024	2023	2022
Long Term Liabilities/Total Assets	15%	0%	-

Endowment/Capital Campaigns

Endowment Value: $327,877

Spending Policy: Percentage

Percentage: 5.0%

Are you currently in a Capital Campaign? No

Capital Campaign Purpose:
We completed our Capital Campaign in August 2015. The completed facilities, the Bette Aitken theater arts Center, is fully accessible including a 150-seat venue, 50-seat cabaret space, lobby and restroom facilities, classroom, and a scene shop. We are currently conducting a feasibility study for the next stage in our growth - to buy our own building.

Campaign Goal: -

Capital Campaign Start Date: -

Capital Campaign End Date: -

Capital Campaign Raised-to-Date Amount: -