Itheatre Collaborative
- Assets
- $70.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Phoenix, AZ
- Founding
- 10/2003
- Data as of
- 12/2021
- EIN
- 20-0119008
Organization Overview
Itheatre Collaborative is located in Phoenix, AZ. The organization was established in 2003. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Itheatre Collaborative 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 12/2021, Itheatre Collaborative generated $97.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.1% each year . All expenses for the organization totaled $76.4k during the year ending 12/2021. While expenses have increased by 18.2% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
1 MAINSTAGE PRODUCTION UTILIZING 6 LOCAL ARTISTS WITH 343 PATRONS. WE PROVIDED TECHNICAL SUPPORT FOR 5 LOCAL THEATERS AS PART OF HERBERGERS LUNCH TIME THEATER SERIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Haines President Artistic Director | 35 | $25,000 | |
Rosemary Close Secretary Managing Director | 15 | $6,000 | |
Robert Severance Director | 1 | $0 | |
Dolores Goldsmith Director | 1 | $0 | |
Gale Gibson Treasurer | 1 | $0 | |
Sydney Davis Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $88,564 |
| Total Program Service Revenue | $9,046 |
| Membership dues | $0 |
| Investment income | $74 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $97,684 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $31,000 |
| Professional fees and other payments to independent contractors | $1,250 |
| Occupancy, rent, utilities, and maintenance | $35 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $42,625 |
| Total expenses | $76,410 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,451 |
| Other assets | $0 |
| Total assets | $70,492 |
| Total liabilities | $0 |
| Net assets or fund balances | $70,492 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Itheatre Collaborative has recieved totaling $70,011.
| Awarding Organization | Amount |
|---|---|
Herberger Foundation Scottsdale, AZ PURPOSE: PERFORMING ARTS | $40,000 |
Virginia G Piper Charitable Trust 08-11-95 Phoenix, AZ PURPOSE: SUPPORT NONPROFIT RECOVERY TO OFFSET COVID-19 CRISIS IMPACTS. | $30,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $11 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bravo Colorado At Vail-Beaver Creek Vail, CO | $12,788,410 | $9,569,156 |
Transcendence Theater Company Sonoma, CA | $1,498,299 | $4,201,604 |
Foundation For Traditional Cultureinc Mesa, AZ | $308,713 | $3,836,447 |
New Earth Organization Culver City, CA | $3,011,328 | $2,352,178 |
Utah Certified Development Company Ogden, UT | $3,055,296 | $3,200,082 |
Muse-Ique Pasadena, CA | $2,379,427 | $2,164,576 |
Davis Performing Arts Association Centerville, UT | $4,174,799 | $3,299,831 |
Spencer Theater For The Performing Arts Inc Alto, NM | $16,060,098 | $2,857,669 |
A Noise Within Pasadena, CA | $12,904,846 | $2,707,072 |
Grand Performances Los Angeles, CA | $1,649,335 | $1,940,001 |
Utah Arts Alliance Salt Lake City, UT | $1,603,300 | $1,841,835 |
Arizona Academy Of The Performing Arts Inc Tempe, AZ | $1,249,723 | $1,575,057 |