Footlighters FY2023 filing

Tax-deductible

Newport, KY501(c)(3)Arts & CultureEIN 31-6060705Revenue $176K in FY2023

On file with the IRSfootlighters.org802 York St, 41071-1823 · Newport, KYTax-exempt since Mar 1966Publicly supported — 509(a)(2)

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Promotion of the fine arts

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $2K a year · 1% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
9 mo
of spending, in cash
Looks good: 9.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$13K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 17 voting members
Concern: none of 17 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$176K
+65% vs prior year
Spent
$148K
To programs
100%
Net assets
$661K
By yearFY2021–FY2025
Revenue
$176K
FY2023▲ +65%
Tap a bar for its year
Revenue by fiscal year
FY2021$24K
FY2022$107K
FY2023$176K
FY2024$190K
FY2025$190K
Expenses
$148K
FY2023▲ +34%
Tap a bar for its year
Expenses by fiscal year
FY2021$76K
FY2022$111K
FY2023$148K
FY2024$170K
FY2025$174K
Net assets
$661K
FY2023▲ +9%
Tap a bar for its year
Net assets by fiscal year
FY2021$634K
FY2022$604K
FY2023$661K
FY2024$592K
FY2025$666K

From the FY2023 Form 990 (year ending July 2023) · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1966.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $148K Management & general 0% · $580

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
President
$0Pt VII · Sec A
VP Admin
$0Pt VII · Sec A
VP Productions
$0Pt VII · Sec A
VP Facilites/Treas
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
See Footlighters executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Footlighters is an arts and culture nonprofit based in Newport, KY.

Questions for Footlighters

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Provided by the organization

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1 program · $148K · in their own filed words · FY2022
01

To create and foster a greater interest in theatre and the arts through production of plays and other fine arts events

$148Kprogram expense

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$176K
Ln 12
Fees for servicesLn 2g$156K
Gifts and grantsLn 1h$15K
Other incomeLn 4–11$5K
Money outPt IX
$148K
Ln 25
Programscol B$148K
Managementcol C$580
Owns and owesPt X
$661K
net assets · Ln 32
Cash and savingsLn 1–2$112K
Total assetsLn 16$674K
LiabilitiesLn 26$13K
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a17
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$15K
Fees for servicesLn 2g$156K
Investment incomeLn 3$3
Other incomeLn 4–11$5K
Total revenueLn 12$176K
Assets in detailPt X, end of year
CashLn 1$85K
SavingsLn 2$28K
Cash and savings togetherLn 1–2$112K
Land, buildings, equipmentLn 10c$544K
Total assetsLn 16$674K
LiabilitiesLn 26$13K
Net assetsLn 32$661K
OperationsPt I, VI
EmployeesI 50
VolunteersI 650
Fiscal year endsHeaderJuly
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$64K$112K
Land, buildings, equipmentLn 10c$538K$544K
Total assetsLn 16$623K$674K
LiabilitiesLn 26$19K$13K
Net assetsLn 32$604K$661K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$580$0$580$0
Advertising and promotionLn 12$4K$4K$0$0
Office expensesLn 13$3K$3K$0$0
OccupancyLn 16$54K$54K$0$0
Conferences, conventions and meetingsLn 19$753$753$0$0
Depreciation, depletion and amortizationLn 22$24K$24K$0$0
Other expenses (24a–d)Ln 24$62K$62K$0$0
All other expensesLn 24e$147$147$0$0
Total functional expensesLn 25$148K$148K$580$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $190K$174K$16K$666K 990 PDF
FY2024 $190K$170K$20K$592K 990 PDF
FY2023 Viewing $176K$148K$28K$661K 990 PDF
FY2022 $107K$111K−$4K$604K 990 PDF
FY2021 $24K$76K−$52K$634K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $176,118 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $22,105$14,985
I-9 Program service revenuePrior year $91,725$156,420
I-10 Investment incomePrior year −$16,232$3
I-11 Other revenuePrior year $8,932$4,710
I-12 Total revenuePrior year $106,530$176,118
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $110,750$148,378
I-18 Total expensesPrior year $110,750$148,378
I-19 Revenue less expensesPrior year −$4,220$27,740
Part VI · Governance 0 of 17 board members independent, 4 to look at
VI-1a Voting members of the governing body17
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $176,118 across 6 lines filed
VIII-1f All other contributions, gifts and grants$14,985
VIII-1h Total contributions, gifts and grants$14,985
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$156,420
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $0$3
VIII-6 Net rental income or lossRelated to mission $4,710$4,710
VIII-12 Total revenueRelated to mission $161,133 · Unrelated business $0 · Excluded from tax $0$176,118
Part IX · Statement of functional expenses $148,378 across 8 lines filed
IX-11c Accounting feesPrograms $0 · Management $580 · Fundraising $0$580
IX-12 Advertising and promotionPrograms $4,409 · Management $0 · Fundraising $0$4,409
IX-13 Office expensesPrograms $2,713 · Management $0 · Fundraising $0$2,713
IX-16 OccupancyPrograms $53,715 · Management $0 · Fundraising $0$53,715
IX-19 Conferences, conventions and meetingsPrograms $753 · Management $0 · Fundraising $0$753
IX-22 Depreciation, depletion and amortizationPrograms $24,418 · Management $0 · Fundraising $0$24,418
IX-24 Other expenses (24a–d)Programs $61,643 · Management $0 · Fundraising $0$61,643
IX-24e All other expensesPrograms $147 · Management $0 · Fundraising $0$147
IX-25 Total functional expensesPrograms $147,798 · Management $580 · Fundraising $0$148,378
Part X · Balance sheet $673,708 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $38,687$84,752
X-2 Savings and temporary cash investmentsStart of year $25,071$27,741
X-4 Accounts receivableStart of year $740$0
X-9 Prepaid expenses and deferred chargesStart of year $20,429$17,202
X-10c Land, buildings and equipment, netStart of year $538,116$544,013
X-16 Total assetsStart of year $623,043$673,708
X-17 Accounts payable and accrued expensesStart of year $19,069$12,859
X-26 Total liabilitiesStart of year $19,069$12,859
X-32 Total net assets or fund balancesStart of year $603,974$660,849
X-33 Total liabilities and net assetsStart of year $623,043$673,708
Part XI · Reconciliation of net assets $660,849 net assets at year end
XI-1 Total revenue$176,118
XI-2 Total expenses$148,378
XI-3 Revenue less expenses$27,740
XI-4 Net assets at start of year$603,974
XI-9 Other changes in net assets$29,135
XI-10 Net assets at end of year$660,849

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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