Nonprofit · EIN 45-1143725
ARCADIA LIVE INC
Tax-exempt · KERRVILLE, TX 78028
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $862,870 | $995,751 | -$132,881 | $3,939,140 | $435,569 | $3,503,571 |
| December 31, 2023 | 990 | $841,078 | $1,040,140 | -$199,062 | $4,070,295 | $433,843 | $3,636,452 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $286,373
- Membership dues
- $29,246
- Program service revenue
- $483,767
- Investment income
- $15
- Net rental income
- $92,715
- Other revenue
- $92,715
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $71,904
- Other salaries and wages
- $130,942
- Salaries, compensation and benefits (total)
- $222,488
- Professional fundraising fees
- $0
- Accounting fees
- $12,903
- Occupancy
- $59,808
- Depreciation
- $137,038
- Program services (functional)
- $947,280
- Management and general (functional)
- $24,236
- Fundraising (functional)
- $24,235
Balance sheet and other
- Total assets, start of year
- $4,070,295
- Total assets, end of year
- $3,939,140
- Total liabilities, end of year
- $435,569
- Net assets, end of year
- $3,503,571
- Land, buildings and equipment
- $3,834,422
- Gross receipts
- $875,515
- Employees
- 18
- Volunteers
- 217
- Year formed
- 2011
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STACIE LEPORATI | EXECUTIVE DIRECTOR Officer | 40 | $71,904 |
| LIBBIE A HORTON | EVENT COORDINATOR Officer | 40 | $32,799 |
| BLAKE SMITH | DIRECTOR Trustee or director | 3.5 | $0 |
| SCOTT STUMBO | TREASURER Trustee or director | 3.5 | $0 |
| LA'CEE PAXTON | SECRETARY Trustee or director | 3.5 | $0 |
| GEORGE PHILLIPS | DIRECTOR Trustee or director | 1 | $0 |
| WES LANE | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL BURNISTEN | DIRECTOR Trustee or director | 3.5 | $0 |
| KEN SANDOVAL | DIRECTOR Trustee or director | 1 | $0 |
| JANICE BOWEN | DIRECTOR Trustee or director | 3.5 | $0 |
| KYLE BOND | VICE PRESIDENT Officer | 1 | $0 |
| LARRY HOWARD | PRESIDENT Officer | 3.5 | $0 |
| STEVE SCHULTE | DIRECTOR Officer | 3.5 | $0 |
| WYNTHIA WALTHER | DIRECTOR Officer | 1 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STACIE LEPORATI | EXECUTIVE DIRECTOR Officer | 40 | $69,774 |
| MEREDITH TILLEY | CHIEF OF FUNDING Officer | 40 | $51,327 |
| BLAKE SMITH | DIRECTOR Trustee or director | 5 | $0 |
| SCOTT STUMBO | TREASURER Trustee or director | 5 | $0 |
| SHARI ADDINGTON | DIRECTOR Trustee or director | 5 | $0 |
| DAVID WAMPLER | DIRECTOR Trustee or director | 5 | $0 |
| WES LANE | DIRECTOR Trustee or director | 5 | $0 |
| MICHAEL BURNISTON | DIRECTOR Trustee or director | 5 | $0 |
| KEN SANDOVAL | DIRECTOR Trustee or director | 5 | $0 |
| JANICE BOWEN | DIRECTOR Trustee or director | 5 | $0 |
| KYLE BOND | VICE PRESIDENT Officer | 5 | $0 |
| LARRY HOWARD | PRESIDENT Officer | 10 | $0 |
| STEVE SCHULTE | SECRETARY Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 717 WATER ST, KERRVILLE, TX 78028-5319
- In care of
- % BEN MODISETT
- Mailing address (990-N for 2012)
- PO Box 295081, Kerrville TX 78029
- Principal officer (990 for 2024)
- LARRY HOWARD, 717 WATER STREET, KERRVILLE, TX 78028
- Principal officer (990-N for 2012)
- Benjamin Modisett, PO Box 295081, Kerrville TX 78029
- Signed the 990
- LARRY HOWARD, PRESIDENT
- Phone
- (830) 370-9316
- Website
- WWW.THEARCADIALIVE.ORG
- Return prepared by
- DAVIDSON FREEDLE ESPENHOVER & OVERBY PC
Mission
ARCADIA LIVE WILL PROMOTE VIBRANT AND DIVERSE ENTERTAINMENT TO DOWNTOWN KERRVILLE, TEXAS. IT WILL PRESERVE THE HISTORIC THEATER LOCATED IN DOWNTOWN KERRVILLE, TEXAS. IT WILL PROVIDE EDUCATION OPPORTUNITIES FOR THE CITIZENS (INCLUDING THE CHILDREN) OF KERRVILLE AND SURROUNDING AREA.
Program accomplishments
- THE ARCADIA LIVE WILL OFFER LIVE ENTERTAINMENT AND CLASSIC FILMS IN THE HISTORIC ARCADIA THEATRE IN DOWNTOWN KERRVILLE AND ANNUALLY PRODUCE A FREE MUSIC FESTIVAL FOR THE 4TH OF THE JULY FOR THE CITIZENS OF KERRVILLE IN THE LOUISE HAYS PARK ON THE BANKS OF THE GUADALUPE RIVER.Expenses $117,755 · revenue $32,601
- THE ARCADIA THEATRE WILL STAND AS A TESTAMENT TO THE HISTORY OF THIS BEAUTIFUL PLACE WHILE CONTRIBUTING TO THE CULTURE, ARTS, ENTERTAINMENT, AND COMMUNITY THAT MAKES KERRVILLE SO SPECIAL.Expenses $829,525 · revenue $463,811
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 45-1143725
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2011
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T12)
- Assets (IRS master file)
- $3,939,140
- Income (IRS master file)
- $875,515
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $862,870 | $995,751 | $3,939,140 | XML |
| 990 | December 2023 | $841,078 | $1,040,140 | $4,070,295 | XML |
| 990 | December 2022 | $1,168,533 | $912,471 | $4,327,203 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2012 Officer: Benjamin Modisett | December 31, 2012 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-1143725).
Questions about ARCADIA LIVE INC
- What is the EIN of ARCADIA LIVE INC?
- The employer identification number (EIN) of ARCADIA LIVE INC is 45-1143725.
- Is ARCADIA LIVE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to ARCADIA LIVE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ARCADIA LIVE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ARCADIA LIVE INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ARCADIA LIVE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ARCADIA LIVE INC?
- The 990 for the year ended December 31, 2024 names LARRY HOWARD.
- Who are the officers and directors of ARCADIA LIVE INC?
- The 990 for the year ended December 31, 2024 lists 14 people; 2 received compensation from the organization, the highest $71,904 (STACIE LEPORATI, EXECUTIVE DIRECTOR).
- How much revenue does ARCADIA LIVE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $862,870, expenses of $995,751 and total assets of $3,939,140 at year end.
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