Teatro Circulo Ltd
- Assets
- $289.3k
- Revenue
- $708.9k
- Investments
- $0.0
- Employees
- 18
- Location
- New York, NY
- Founding
- 04/1995
- Data as of
- 06/2022
- EIN
- 13-3805585
Organization Overview
Teatro Circulo Ltd is located in New York, NY. The organization was established in 1995. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Teatro Circulo Ltd employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Teatro Circulo Ltd 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 06/2022, Teatro Circulo Ltd generated $708.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $616.8k during the year ending 06/2022. While expenses have increased by 15.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO INTRODUCE THE PUBLIC TO THE BEST WORKS OF SPANISH AND PAN LATINO PLAYWRIGHTS, BOTH CONTEMPORARY AND CLASSICAL AND TO FOSTER AN APPRECIATION OF THE RICHNESS OF LATIN AMERICAN AND IBERIAN CULTURES IN THE
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE THEATRICAL AND AND EDUCATIONAL ENRICHMENT IN THE PROGRAM AREAS OF A MAINSTAGE SEASON FEATURING AWARD-WINNING CLASSICAL, CONTEMPORARY AND ORIGINAL PLAYS A NATIONAL AND INTERNATIONAL TOURING PROGRAM FEATURED IN CLASSICAL COMPETITIONS AND INVITED TO SPANISH SPEAKING COMMUNITIES LACKING LOCAL THEATER ACCESS A SCHOOL PROGRAM ENGAGING STUDENTS IN LEARNING ABOUT THEIR HERITAGE THROUGH WORKSHOPS AND VISITING PERFORMANCES AND PROFESSIONAL MASTER CLASSES FOR EMERGING AND ESTABLISHED ARTISTS LED BY WORLD CLASS DIRECTORS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jose Cheo Oliveras Founding Artistic Director | OfficerTrustee | 35 | $0 |
Eric Rivera Co-Chair | Trustee | 1 | $0 |
Natalia Saenz Co-Chair | Trustee | 1 | $0 |
Paul Marn Secretary | Trustee | 1 | $0 |
Rocky Lizardi Treasurer | Trustee | 1 | $0 |
Diana Chery Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $375,627 |
| All other contributions, gifts, grants, and similar amounts not included above | $236,890 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $612,517 |
| Total Program Service Revenue | $96,394 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $708,911 |
| 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. | $217,005 |
| Compensation of current officers, directors, key employees. | $17,360 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $115,924 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $30,048 |
| Payroll taxes | $0 |
| Fees for services: Management | $21,866 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,259 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $27,505 |
| Advertising and promotion | $11,008 |
| Office expenses | $12,780 |
| Information technology | $1,295 |
| Royalties | $0 |
| Occupancy | $37,265 |
| Travel | $1,484 |
| 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 | $2,888 |
| Insurance | $6,467 |
| All other expenses | $1,311 |
| Total functional expenses | $616,806 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $126,086 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $46,030 |
| 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 | $46,871 |
| Net Land, buildings, and equipment | $67,411 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $127 |
| Other assets | $2,814 |
| Total assets | $289,339 |
| Accounts payable and accrued expenses | $13,505 |
| Grants payable | $0 |
| 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 | $38,752 |
| Total liabilities | $52,257 |
| Net assets without donor restrictions | $237,082 |
| Net assets with donor restrictions | $0 |
| 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 | $289,339 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Teatro Circulo Ltd has recieved totaling $12,500.
| Awarding Organization | Amount |
|---|---|
Hispanic Federation Inc New York, NY PURPOSE: CORE Grant | $12,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kimmel Center Inc Philadelphia, PA | $245,953,445 | $41,081,924 |
Brooklyn Academy Of Music Inc Brooklyn, NY | $168,013,887 | $29,572,079 |
South Street Theater Co Inc Morristown, NJ | $25,009,095 | $16,372,684 |
Bric Arts Media Bklyn Inc Brooklyn, NY | $22,086,824 | $12,315,164 |
The Apollo Theater Foundation Inc New York, NY | $69,978,827 | $33,324,849 |
New Haven Center For Performing Arts Inc Waterbury, CT | $12,801,705 | $9,109,828 |
Performing Arts Consultants Inc Brick, NJ | $2,328,922 | $7,486,685 |
Shen Yun Performing Arts Inc Cuddebackville, NY | $196,627,077 | $30,836,971 |
Foundation For Contemporary Arts Inc New York, NY | $44,020,214 | $7,582,108 |
National Comedy Center Operator Inc Jamestown, NY | $24,581,570 | $2,926,105 |
World Trade Center Performing Arts Center Inc New York, NY | $505,865,812 | $148,493,145 |
Associated Production Services Inc Trevose, PA | $3,216,743 | $4,781,597 |