Nonprofit · EIN 87-3169566
CAMELOT THEATER FOUNDATION
Tax-exempt · NEVADA, IA 50201
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $266,917 | $62,633 | $204,284 | $948,881 | $28,635 | $920,246 |
| December 31, 2024 | 990 | $449,300 | $39,507 | $409,793 | $738,866 | $22,904 | $715,962 |
| December 31, 2023 | 990-EZ | $151,600 | $35,487 | $116,113 | $326,994 | $20,825 | $306,169 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $216,810
- of which government grants
- $161,623
- Program service revenue
- $22,587
- Investment income
- $4,906
- Net rental income
- $9,011
- Net income from sales of inventory
- $13,603
- Other revenue
- $22,614
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $41
- Occupancy
- $17,684
- Depreciation
- $15,288
- Program services (functional)
- $13,178
- Management and general (functional)
- $49,455
Balance sheet and other
- Total assets, start of year
- $738,866
- Total assets, end of year
- $948,881
- Total liabilities, end of year
- $28,635
- Net assets, end of year
- $920,246
- Land, buildings and equipment
- $691,697
- Net assets without donor restrictions
- $920,246
- Gross receipts
- $270,774
- Employees
- 0
- Volunteers
- 25
- Year formed
- 2021
- State of legal domicile
- IA
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dave Sly | Director Trustee or director | 5 | $0 |
| Tracy Ellingson | Director Trustee or director | 5 | $0 |
| Annmarie Kurtenbach | Director Trustee or director | 5 | $0 |
| Steve Skaggs | Director, Nevada City Council Representative Trustee or director | 5 | $0 |
| Emily Schaack | Director, Main Street Nevada Representative Trustee or director | 0 | $0 |
| Audra Poterucha | Director Trustee or director | 5 | $0 |
| Nancy Thompson | Director Trustee or director | 5 | $0 |
| Denny Thompson | Director Trustee or director | 5 | $0 |
| Derek Wiers | Director Trustee or director | 5 | $0 |
| Melissa Sly | President Trustee or director, Officer | 5 | $0 |
| Tiffany Tope | Secretary Trustee or director, Officer | 5 | $0 |
| James Kurtenbach | Treasurer Trustee or director, Officer | 5 | $0 |
990 for the year ended December 31, 2024: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dave Sly | Director Trustee or director | 5 | $0 |
| Tracy Ellingson | Director Trustee or director | 5 | $0 |
| Christa Skaggs | Director, Nevada Foundation Representative Trustee or director | 5 | $0 |
| Annmarie Kurtenbach | Director Trustee or director | 5 | $0 |
| Steve Skaggs | Director, Nevada City Council Representative Trustee or director | 5 | $0 |
| Emily Schaack | Director, Main Street Nevada Representative Trustee or director | 0 | $0 |
| Chad Carr | Director Trustee or director | 5 | $0 |
| Audra Poterucha | Director Trustee or director | 5 | $0 |
| Nancy Thompson | Director Trustee or director | 5 | $0 |
| Denny Thompson | Director Trustee or director | 5 | $0 |
| Derek Wiers | Director Trustee or director | 5 | $0 |
| Melissa Sly | President Officer | 5 | $0 |
| Tiffany Tope | Secretary Officer | 5 | $0 |
| James Kurtenbach | Treasurer Officer | 5 | $0 |
990-EZ for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Melissa Sly | President | 5 | $0 |
| Brian Beck | Secretary | 5 | $0 |
| James Kurtenbach | Treasurer | 5 | $0 |
| Dave Sly | Director | 5 | $0 |
| Tracy Ellingson | Director | 5 | $0 |
| John Beals | Director | 5 | $0 |
| Christa Skaggs | Director, Nevada Foundation Representative | 5 | $0 |
| Annmarie Kurtenbach | Director | 5 | $0 |
| Steve Skaggs | Director, Nevada City Council Representative | 5 | $0 |
| Emily Schaack | Director, Main Street Nevada Representative | 0 | $0 |
| Chad Carr | Director | 5 | $0 |
| Audra Poterucha | Director | 5 | $0 |
| Nancy Thompson | Director | 5 | $0 |
| John Potter | Director | 5 | $0 |
| Jeff Spencer | Director | 5 | $0 |
| Wade Presley | Director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 44, NEVADA, IA 50201-0044
- Mailing address (990-N for 2021)
- 603 T Ave, Nevada IA 50201
- Principal officer (990 for 2025)
- Melissa Sly, 603 T Avenue, Nevada, IA 50201
- Principal officer (990-N for 2021)
- Melissa Sly, 603 T Ave, Nevada IA 50201
- Signed the 990
- James Kurtenbach, Treasurer
- Phone
- (515) 231-2339
Mission
To revitalize and maintain the Camelot Theater as a financially self-sustaining community arts, education, entertainment, and meeting space, enhancing the vitality of downtown Nevada, Iowa.
Program accomplishments
- Theater Events, including movies and live performances. These events are open to the general public and advertised online and in print.Expenses $13,178 · revenue $31,940
- Theater Private Rentalsrevenue $4,250
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 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 87-3169566
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $948,881
- Income (IRS master file)
- $270,774
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $266,917 | $62,633 | $948,881 | IRS |
| 990 | December 2024 | $449,300 | $39,507 | $738,866 | IRS |
| 990-EZ | December 2023 | $151,600 | $35,487 | $326,994 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-N for 2021 Officer: Melissa Sly | December 31, 2021 | ≤ $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 87-3169566).
Questions about CAMELOT THEATER FOUNDATION
- What is the EIN of CAMELOT THEATER FOUNDATION?
- The employer identification number (EIN) of CAMELOT THEATER FOUNDATION is 87-3169566.
- Is CAMELOT THEATER FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to CAMELOT THEATER FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CAMELOT THEATER FOUNDATION 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 CAMELOT THEATER FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CAMELOT THEATER FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of CAMELOT THEATER FOUNDATION?
- The 990 for the year ended December 31, 2025 names Melissa Sly.
- Who are the officers and directors of CAMELOT THEATER FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 12 people; 0 received compensation from the organization.
- How much revenue does CAMELOT THEATER FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $266,917, expenses of $62,633 and total assets of $948,881 at year end.
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All nonprofits in NEVADA · Iowa · Community improvement and capacity building