Thomas Struthers Trust FY2020 filing

Warren, PA · Public charity (501(c)(3)) · Arts & Culture

✓ Tax-deductible
Revenue
$511K
Spent
$596K
To programs
83%
Net assets
$3.7M
By yearFY2020–FY2025
Revenue
$511K
FY2020
Revenue by fiscal year
FY2020$511K
FY2021$570K
FY2022$940K
FY2023$696K
FY2024$627K
FY2025$976K
Expenses
$596K
FY2020
Expenses by fiscal year
FY2020$596K
FY2021$491K
FY2022$842K
FY2023$709K
FY2024$741K
FY2025$878K
Net assets
$3.7M
FY2020
Net assets by fiscal year
FY2020$3.7M
FY2021$3.8M
FY2022$3.9M
FY2023$3.9M
FY2024$3.8M
FY2025$3.9M

From the FY2020 Form 990 (year ending June 2020) · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2025 (typical filing lag)
Legal name (IRS)Hdr · item CThomas Struthers Trust
EINHdr · item D25-6037927
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFApr 1996
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CWarren, PA
NTEE classificationIRS BMFArts & Culture (A67J)

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.83 Management & general $0.17 Fundraising $0.00
Program services83%$493K
Management & general17%$102K
Fundraising$2K
Total functional expensesLn 25$596K

Financial health

Is it on solid ground?

Program efficiency
83%
of spending reaches programs
Operating runway
8.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
-17%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Total assets
$3.9M
FY2020
Total assets by fiscal year
FY2020$3.9M
FY2021$3.9M
FY2022$4.0M
FY2023$4.0M
FY2024$3.9M
FY2025$4.1M
Total liabilities
$115K
FY2020
Total liabilities by fiscal year
FY2020$115K
FY2021$85K
FY2022$59K
FY2023$59K
FY2024$146K
FY2025$246K
Revenue less expensesPt I · Ln 19−$85K
Total assetsPt X · Ln 16$3.9M
Program-expense ratioPt IX · col B83%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49

Balance Sheet

Part X · end of year
CashLn 1$329K
Total assetsLn 16$3.9M
Total liabilitiesLn 26$115K
Total net assetsLn 32$3.7M
Months of cash on handcomputed6.6

Statement of Revenue

Part VIII
Program service revenue$294K · 57%
Contributions & grants$192K · 37%
Other revenue$21K · 4%
Investment income$5K · 1%
Program service revenue57%$294K
Contributions & grants37%$192K
Other revenue4%$21K
Investment income1%$5K
Total revenueLn 12$511K

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $414K · Operating expenses/yr $596K
8.3 months
Where the money goes
Program services
Program services $493K · Total expenses $596K
83%
Management & General
Management & general $102K · Total expenses $596K
17%
Fundraising
Fundraising $2K · Total expenses $596K
0.3%
Cost to raise $1
Fundraising expense $2K · Solicited contributions $192K
$0.01 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $192K · Total revenue $511K
37%
Government reliance
Government grants — · Total revenue $511K
—
Earned-income share
Program service revenue $294K · Total revenue $511K
57%
Investment reliance
Investment income $5K · Total revenue $511K
+0.9%
Program self-sufficiency
Program service revenue $294K · Total expenses $596K
49%
Growth & trend
Revenue growth (YoY)
This year $511K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $3.7M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $511K · Expenses $596K
-17%
Liabilities-to-Assets
Total liabilities — · Total assets $3.9M
—
Net-asset ratio
Net assets $3.7M · Total assets $3.9M
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $86K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $3.9M
2%
People & payroll
Highest Reported Total Compensation
Individual Wendy McCain · Reported title EXECUTIVE DI · Highest reported compensation $52K · Total expenses $596K
9%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $172K · Total expenses $596K
29%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 83%——
Overhead ratio 17%——
Fundraising cost ratio 0.9%——
Investment management fee ratio 0.02%——
Accounting fee ratio 0.5%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Executive Di
$51,927Pt VII · Sec A
$0Pt VII · Sec A
Secretary/Tr
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A

Karen Austin’s $61K as Executive Di is at the 56th percentile of top reported officer pay among 2215 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Karen Austin$60,798$58,503$57,125$37,527——
Wendy McCain———$27,442$57,933$51,927

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Thomas Struthers Trust executive salaries →

Are you one of these people? Claim this org to confirm your role

Governance & Policies

Part VI
  • 9Voting board membersPt VI · Ln 1a
  • 9Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Presents live theatre, music, dance, and film to entertain, educate, and engage the community.

Provided by the organization

This section is blank until Thomas Struthers Trust claims this page.

Know this organization? Claim it to add your story

Mission & Programs · Part III

Where the work happens

2 program services account for $493K of program spending, described in the organization's own filed words · FY2019.
01

The exempt purpose of the thomas struthers trust is to support and promote a community theatre.

$305Kprogram expense
02

The thomas struthers trust building provides accommodation for community events.

$188Kprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$276K

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest $976K$878K+56% 990 PDF
FY2024 $627K$741K-10% 990 PDF
FY2023 $696K$709K-26% 990 PDF
FY2022 $940K$842K+65% 990 PDF
FY2021 $570K$491K+11% 990 PDF
FY2020 Viewing $511K$596K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

Similar organizations you could support

Closest in mission — by what they do
See all organizations like Thomas Struthers Trust →

Run this organization? Claim this page

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.