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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Arts, Culture & Humanities Watertower Theatre Inc.

Watertower Theatre Inc.

Fiscal year ending 2024. Filed on December 11, 2025.

15650 Addison Road
Addison, Texas 75001

Watertower Theatre Inc. (EIN: 75-1559945), also known as Watertower Theatre, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Watertower Theatre Inc., a 501(c)(3) charitable organization, reported compensation for 1 out of 3 total employees. Among the employees shown here, the average compensation is $105,000. The highest compensated employee at Watertower Theatre Inc. is Shane Peterman with fiscal year 2024 compensation of $105,000.

Revenue, expenses, and employee compensation

Revenue

$880,393

Expenses

$1,098,490

Employee compensation

$623,851
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Shane Peterman
Producing Artistic Director
$105,000
$105,000 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Barbara Daseke
Director
Blake Clemens
Director
Brittany Willis
Director
Bruce Arfsten
Director
Craig Sutton
Director
Jaeannette Johnson
Secretary
Maggie Vera
Vice President
Nadia Loudon
Director
Philip Longacre
Treasurer
Rebecca Neef
President
Rosalind Benjet
Director
Tiffany Richmond
Director

Mission Statement

TO CREATE INNOVATIVE, DIVERSE THEATRE THAT BUILDS COMMUNITY BY FOSTERING EMPATHY AND DIALOGUE.

Revisions to this organization profile

December 11, 2025:
2024 Watertower Theatre Inc. 990 filed
February 13, 2025:
2023 Watertower Theatre Inc. 990 filed
December 9, 2023:
2022 Watertower Theatre Inc. 990 filed

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