Trustus INC: FY2021 Nonprofit Profile & Form 990 (EIN 57-0804610)

Revenue by fiscal year
FY2020	$460K
FY2021	$463K
FY2022	$551K
FY2023	$587K
FY2024	$665K
FY2025	$638K

Expenses by fiscal year
FY2020	$476K
FY2021	$369K
FY2022	$524K
FY2023	$649K
FY2024	$668K
FY2025	$641K

Net assets by fiscal year
FY2020	$174K
FY2021	$265K
FY2022	$293K
FY2023	$232K
FY2024	$217K
FY2025	$214K

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 1987.

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

Where the money goes

95 cents of each dollar spent went to programs.

95%

Program services 95% · $349K Management & general 5% · $19K Fundraising 0% · $913

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

Something off? Claim to add context

Who runs it and what they're paid

1 person listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII

See Attached

Board Members

$0Pt VII · Sec A

See Trustus INC executive salaries →

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

Fosters community appreciation for theater arts.

Questions for Trustus INC

Tap to ask. Trustus INC sees how many people are interested.

Your first name shows with your question. Trustus INC answers here, for everyone.

1 program · $349K · in their own filed words · FY2020

01

Production of plays, workshops and classes.

$349Kprogram expense

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

Shubert Foundation INCFY2024$30K

Central Carolina Community FoundationFY2024$10K

Total grants receivedfrom 2 funders$40K

By the numbers

The FY2021 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$463K

Ln 12

Gifts and grantsLn 1h$400K

Fees for servicesLn 2g$63K

Other incomeLn 4–11$372

Money outPt IX

$369K

Ln 25

Programscol B$349K

Managementcol C$19K

Fundraisingcol D$913

Owns and owesPt X

$265K

net assets · Ln 32

Cash and savingsLn 1–2$153K

Total assetsLn 16$565K

LiabilitiesLn 26$300K

PeoplePt VI, VII

1

listed · VII A

PaidVII A0

Voting boardVI 1a15

IndependentVI 1b15

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$400K

Fees for servicesLn 2g$63K

Other incomeLn 4–11$372

Total revenueLn 12$463K

Assets in detailPt X, end of year

CashLn 1$153K

Cash and savings togetherLn 1–2$153K

Accounts receivableLn 4$1K

Land, buildings, equipmentLn 10c$411K

Total assetsLn 16$565K

LiabilitiesLn 26$300K

Net assetsLn 32$265K

OperationsPt I, VI

EmployeesI 54

VolunteersI 60

Fiscal year endsHeaderAugust

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

Line	Start FY21	End FY21
Cash and savingsLn 1–2	$34K	$153K
Land, buildings, equipmentLn 10c	$382K	$411K
Total assetsLn 16	$472K	$565K
LiabilitiesLn 26	$297K	$300K
Net assetsLn 32	$174K	$265K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Other expenses (24a–d)Ln 24	$369K	$349K	$19K	$913
Total functional expensesLn 25	$369K	$349K	$19K	$913

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 LatestFiled with the IRS Jan 27, 2026	$638K	$641K	−$3K	$214K	990 PDF
FY2024Filed with the IRS Oct 29, 2024	$665K	$668K	−$3K	$217K	990 PDF
FY2023Filed with the IRS Jan 16, 2024	$587K	$649K	−$61K	$232K	990 PDF
FY2022Filed with the IRS Jan 12, 2023	$551K	$524K	$27K	$293K	990 PDF
FY2021 ViewingFiled with the IRS Feb 16, 2022	$463K	$369K	$94K	$265K	990 PDF
FY2020Filed with the IRS Feb 25, 2021	$460K	$476K	−$16K	$174K	990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations

See the full FY2021 990 (6 parts)

Part I · Summary $463,161 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $266,077$399,750

I-9 Program service revenuePrior year $179,633$63,039

I-10 Investment income$0

I-11 Other revenuePrior year $14,021$372

I-12 Total revenuePrior year $459,731$463,161

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 $475,993$368,738

I-18 Total expensesPrior year $475,993$368,738

I-19 Revenue less expensesPrior year −$16,262$94,423

Part VI · Governance 15 of 15 board members independent, 4 to look at

VI-1a Voting members of the governing body15

VI-1b Independent voting members15

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 $463,161 across 5 lines filed

VIII-1f All other contributions, gifts and grants$399,750

VIII-1h Total contributions, gifts and grants$399,750

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$63,039

VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $372 · Unrelated business $0 · Excluded from tax $0$372

VIII-12 Total revenueRelated to mission $63,411 · Unrelated business $0 · Excluded from tax $0$463,161

Part IX · Statement of functional expenses $368,738 across 1 line filed

IX-24 Other expenses (24a–d)Programs $349,035 · Management $18,790 · Fundraising $913$368,738

IX-25 Total functional expensesPrograms $349,035 · Management $18,790 · Fundraising $913$368,738

Part X · Balance sheet $565,197 assets, 14 lines filed

X-1 Cash, non-interest-bearingStart of year $34,304$153,096

X-3 Pledges and grants receivableStart of year $34,585$0

X-4 Accounts receivableStart of year $20,543$1,400

X-10c Land, buildings and equipment, netStart of year $382,127$410,701

X-16 Total assetsStart of year $471,559$565,197

X-17 Accounts payable and accrued expensesStart of year $26,275$45,090

X-19 Deferred revenueStart of year $11,360$0

X-22 Loans from officers and insidersStart of year −$3,000$0

X-23 Secured mortgages and notes payableStart of year $219,870$207,543

X-25 Other liabilitiesStart of year $42,664$47,080

X-26 Total liabilitiesStart of year $297,169$299,713

X-27 Net assets without donor restrictionsStart of year $174,390$265,484

X-32 Total net assets or fund balancesStart of year $174,390$265,484

X-33 Total liabilities and net assetsStart of year $471,559$565,197

Part XI · Reconciliation of net assets $265,484 net assets at year end

XI-1 Total revenue$463,161

XI-2 Total expenses$368,738

XI-3 Revenue less expenses$94,423

XI-4 Net assets at start of year$174,390

XI-8 Prior period adjustments−$31,013

XI-9 Other changes in net assets$27,684

XI-10 Net assets at end of year$265,484

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS 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.

Trustus INC FY2021 filing

Before you give