NonprofitsIola Theatre Association

Human Services

Iola Theatre Association

IOLA, KS

Total revenue

$167K

Total expenses

$172K

Net assets

$293K

Grants received

$300K

1 grants

EIN

872929235

Tax year

2024

Mission

Iola Theatre Association is raising funds through grants and a capital campaign to restore the Iola Theatre. We are working with an architectural firm to scope the restoration and renovation work needed and to obtain precise cost estimates. All work is to be funded through a capital campaign targeting local and regional donors and will ultimately result in construction documents that will be publicly bid. This period is estimated to take 180 days for the initial phase and an additional 180 days to secure funding and require approximately 20 hours per week by volunteers. Upon execution of construction documents, we anticipate a 365 day construction period, with total renovation/restoration costs estimated at approximately $4 million. This work will be funded through private foundation funding, state and local government support, and private donations. The general contractor will be overseen by a committee of the Board of Directors that will likely spend upwards of 30 hours per week.

Programs

2 programs

Design of marquee to replicate the original marquee.

Expenses: $17KGrants: $17K

nothing

0

Financials

FY 2024

Revenue

Contributions & grants$160K
Program service revenue
Investment income$7K
Other revenue$10
Total revenue$167K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$172K
Total expenses$172K
Total assets$293K
Net assets$293K

People

5 listed

NameRoleCompensation

Elizabeth Toland

Chair

Board

10 hrs/wk

Cortney Kelly

Vice-Chair/Treasurer

Board

2 hrs/wk

Maria Unruh

Secretary

Board

10 hrs/wk

Paul Porter

Member

Board

2 hrs/wk

James Hall

Member

Board

4 hrs/wk

Grants received

Showing 1 of 1

FromAmountPurposeYear
$300K
THEATER MARQUEE AND LOBBY RENOVATIONS
2023

Funded by

$300K from 1 funder · 1 grant · 2023

The Sunderland Foundation

$300K · 1 grant · 2023

Details

EIN872929235
NTEE codeP20
Subsection03
Ruling date2022-06
Formed2021
Employees0
Volunteers10
IOLA THEATRE ASSOCIATION — Mission, Financials & Grants Received | Grantivo