Circle In The Square Theatre School Inc is located in New York, NY. The organization was established in 1993. According to its NTEE Classification (A6E) the organization is classified as: Performing Arts Schools, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Circle In The Square Theatre School Inc employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Circle In The Square Theatre School Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Circle In The Square Theatre School Inc generated $1.7m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $1.1m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (7.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE THEATRE SCHOOL TO PROVIDE STUDENTS WITH THEATRE SKILLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF THEATRE SCHOOL TO PROVIDE THEATRE SKILLS TO STUDENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
E Colin O'leary Director/treasurer | OfficerTrustee | 40 | $75,350 |
Paul Libin President | OfficerTrustee | 10 | $0 |
Susan Frankel Director/controller | OfficerTrustee | 10 | $0 |
Edward Berkley Director | Trustee | 2 | $0 |
David Frankel Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $467,570 |
All other contributions, gifts, grants, and similar amounts not included above | $677,900 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,145,470 |
Total Program Service Revenue | $490,898 |
Investment income | $58,801 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $3,550 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,698,719 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $75,350 |
Compensation of current officers, directors, key employees. | $75,350 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $447,684 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $29,525 |
Payroll taxes | $50,569 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $59,282 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $6,260 |
Office expenses | $22,578 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $15,022 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $937 |
Insurance | $7,784 |
All other expenses | $84,386 |
Total functional expenses | $1,062,701 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,575,721 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $253,894 |
Accounts receivable, net | $640,929 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $2,694 |
Investments—publicly traded securities | $1,100,205 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $105,707 |
Total assets | $3,679,150 |
Accounts payable and accrued expenses | $100,139 |
Grants payable | $41,480 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $257,119 |
Total liabilities | $398,738 |
Net assets without donor restrictions | $3,279,412 |
Net assets with donor restrictions | $1,000 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $3,679,150 |
Over the last fiscal year, we have identified 1 grants that Circle In The Square Theatre School Inc has recieved totaling $671,000.
Awarding Organization | Amount |
---|---|
Waldman Foundation Harrison, NY PURPOSE: GENERAL | $671,000 |
Organization Name | Assets | Revenue |
---|---|---|
School Of American Ballet Inc New York, NY | $111,037,435 | $21,205,372 |
Settlement Music School Of Philadelphia Philadelphia, PA | $34,802,698 | $14,057,233 |
Society Of The Third Street Music School Settlement Inc New York, NY | $23,512,540 | $9,331,737 |
Professional Childrens School Inc New York, NY | $20,795,903 | $7,913,959 |
Elaine Kaufman Cultural Center-Lucy Moses School For Music And Dance New York, NY | $27,086,297 | $8,434,600 |
Usdan Center For The Creative And Performing Arts Wheatley Heights, NY | $9,094,063 | $7,842,834 |
The Brooklyn Queens Conservatory Of Music Brooklyn, NY | $5,364,852 | $5,242,264 |
South Shore Conservatory Of Music Inc Hingham, MA | $8,426,542 | $4,813,797 |
Academy Of Vocal Arts Philadelphia, PA | $44,375,102 | $5,042,502 |
Neighborhood Music School Inc New Haven, CT | $8,041,622 | $5,408,099 |
Marlboro School Of Music Inc Philadelphia, PA | $99,638,142 | $11,583,017 |
Hoff Barthelson Music School Scarsdale, NY | $5,808,540 | $3,629,362 |