Mill Mountain Playhouse Co EIN 54-0792067 Form 990 (PDF) Claim this org

Mill Mountain Playhouse Co FY2021 filing

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Presents professional theater and performing arts education to Southwest Virginia. For fiscal year 2021 it reported $1.5M in revenue, $982K in expenses, and $1.6M in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Roanoke, VA
Website
www.millmountain.org
Filings
5 on file (2020–2021)
Revenue
$1.5MFY2021
Expenses
$982K
Net assets
$1.6M
People
24
Filings
5
Updates
0
More identity details & actions ⌄
EIN  54-0792067 Public charity (501(c)(3)) Roanoke, VA
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Size
$1–10M
What they do
Presents professional theater and performing arts education to Southwest Virginia.
Leadership
Ginger Poole · Executive Dir. · $93K
Money in and out
$1.5M revenue, $982K expenses
Bottom line
76% program efficiency
Where the money goes · FY2021
Total revenue
$1.5M
Pt VIII · Ln 12
Total expenses
$982K
Pt IX · Ln 25
Net assets
$1.6M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $521K
Where spending went · Part IX cols B–D
Program services $0.76 Management & general $0.10 Fundraising $0.14
Program efficiency
76%
of spending reaches programs
Operating runway
11.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
+35%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$1.5M
FY2021▲ +137%
Expenses
$982K
FY2021▲ +58%
Total assets
$1.8M
FY2021▲ +48%
Total liabilities
$153K
FY2021▲ +61%
Total revenue
$1.5M
Pt VIII · Ln 12
Total expenses
$982K
Pt IX · Ln 25
Net assets
$1.6M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$521K
Total assetsPt X · Ln 16$1.8M
Program-expense ratioPt IX · col B76%
Voting members of governing bodyPt I · Ln 324
Independent voting membersPt I · Ln 423

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMill Mountain Playhouse Co
EINHdr · item D54-0792067
Principal addressHdr · item CRoanoke, VA
WebsiteHdr · item Jwww.millmountain.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A650)
Ruling yearIRS BMFJan 1967

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a24
Independent voting membersPt VI · Ln 1b23
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Dir.
$93,037Pt VII · Sec A
$29,304Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Ginger Poole’s $100K as Executive Dir. is at the 33rd percentile of top reported officer pay among 3916 $1–10M 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

NameFY2024FY2023FY2022FY2021FY2020
Ginger Poole$100,450$95,000$88,037$93,037$65,462
Laurence E Kufel$44,181$48,801$40,788$29,304$24,599

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.

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Mission & Programs · Part III

Where the work happens

1 program service account for $745K of program spending, described in the organization's own filed words · FY2021.
01

Live theatre presentations to approximately 27,946 in attendance for the year ended december 31, 2021.

$745Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$951K · 63%
Program service revenue$550K · 37%
Contributions & grants63%$951K
Program service revenue37%$550K
Investment income$814
— government grantsLn 1e$560K
Total revenueLn 12$1.5M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.76 Management & general $0.10 Fundraising $0.14
Program services76%$745K
Management & general10%$96K
Fundraising14%$141K
Total functional expensesLn 25$982K

Balance Sheet

Part X · end of year
CashLn 1$938K
Total assetsLn 16$1.8M
Total liabilitiesLn 26$153K
Total net assetsLn 32$1.6M
Months of cash on handcomputed11.5

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $941K · Operating expenses (Pt IX) $982K · Less non-cash grants $10K · Cash operating expenses/yr $972K
11.6 months
Where the money goes
Program services
Program services $745K · Total expenses $982K
76%
Management & General
Management & general $96K · Total expenses $982K
10%
Fundraising
Fundraising $141K · Total expenses $982K
14%
Cost to raise $1
Fundraising expense (2-yr avg) $113K · Solicited contributions (2-yr avg) $359K
$0.32 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $951K · Total revenue $1.5M
63%
Government reliance
Government grants $560K · Total revenue $1.5M
37%
Earned-income share
Program service revenue $550K · Total revenue $1.5M
37%
Investment reliance
Investment income $814 · Total revenue $1.5M
+0.05%
Program self-sufficiency
Program service revenue $550K · Total expenses $982K
56%
Growth & trend
Revenue growth (YoY)
This year $1.5M · Prior year $634K
+137%
Net-asset trend (YoY)
End of year $1.6M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.5M · Expenses $982K
+35%
Liabilities-to-Assets
Total liabilities — · Total assets $1.8M
Net-asset ratio
Net assets $1.6M · Total assets $1.8M
91%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $2K · Total assets (Pt X, ln 16) $1.8M
0.1%
People & payroll
Highest Reported Total Compensation
Individual Ginger Poole · Reported title Executive Dir. · Highest reported compensation $93K · Total expenses $982K
9%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $489K · Total expenses $982K
50%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 76%
Overhead ratio 10%
Fundraising cost ratio 15%
Revenue growth 137%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

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.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 3 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$1.3M revenue · ⤓ 990 PDF
FY2023$1.4M revenue · ⤓ 990 PDF
FY2022$943K revenue · ⤓ 990 PDF
FY2021$1.5M revenue · viewing · ⤓ 990 PDF
FY2020$634K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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