Overview

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Est.

1977

Fiscal Year Start

Oct 1

Organization Type

Grantseeker

AI Summary

WATERTOWER THEATRE INC is a nonprofit organization dedicated to creating innovative and diverse theater that fosters empathy and dialogue within the community. With an operating budget of $1.1 million and total revenue of $880.4K for the 2024 filing year, the organization relies on multiple funders, none of which provide 50% or more of its revenue. More information can be found on their website at www.watertowertheatre.org.

Mission Statement

TO CREATE INNOVATIVE, DIVERSE THEATRE THAT BUILDS COMMUNITY BY FOSTERING EMPATHY AND DIALOGUE.
Revenues
$880.4K
Expenses
$1.1M
Net Income:
-$218.1K
Assets
$87.3K
Liabilities
$195.2K
Net Assets:
-$107.9K
Operating Budget
$1.1M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
6
Median grant size
$10.8K
Largest grant received
$67.5K
S
Shane Peterman
Board Member
B
Barbara Daseke
Board Member
B
Blake Clemens
Board Member

Frequently Asked Questions

What is WATERTOWER THEATRE INC’s budget?
In 2024, WATERTOWER THEATRE INC reported an annual operating budget of around $1.1 million. More detailed financial information is available to registered users.
What causes does WATERTOWER THEATRE INC support?
WATERTOWER THEATRE INC supports work in Theater.
Where does WATERTOWER THEATRE INC operate?
WATERTOWER THEATRE INC is headquartered in Addison, TX.
Who funded WATERTOWER THEATRE INC recently?
In 2025, WATERTOWER THEATRE INC received grants from TACA INC, Ideal Foundation, and COMMUNITIES FOUNDATION OF TEXAS INC. More information on this organization’s funders is available to registered users.
What is the largest grant WATERTOWER THEATRE INC received in 2024?
The largest grant to WATERTOWER THEATRE INC in 2024 exceeds $67 thousand.
What is WATERTOWER THEATRE INC’s reliance on government grants?
WATERTOWER THEATRE INC relied on government grants for more than 40% of their total revenue in 2024.