Texas Educational Theatre Association Inc
- Assets
- $705.5k
- Revenue
- $159.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 08/1971
- Data as of
- 08/2021
- EIN
- 23-7120592
Organization Overview
Texas Educational Theatre Association Inc is located in Houston, TX. The organization was established in 1971. According to its NTEE Classification (A19) the organization is classified as: Support N.E.C., 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. Texas Educational Theatre Association 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 08/2021, Texas Educational Theatre Association Inc generated $159.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.0%) each year. All expenses for the organization totaled $215.3k during the year ending 08/2021. 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
TETA STRIVES TO USE ALL THE RESOURCES AVAILABLE TO STRENGTHEN OUR TEACHERS AND STUDENTS AND BUILD ON EXISTING AND NEW PROGRAMS AROUND THE STATE OF TEXAS TO CONTINUE TO IMPROVE THE QUALITY OF THEATRE EDUCATION AT ALL LEVELS K-COLLEGE/UNIVERSITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS TO STUDENTS: SIX SCHOLARSHIPS FOR BOTH HIGH SCHOOL AND COLLEGE/UNIVERSITY STUDENTS AWARDED DURING THE YEAR, PAYABLE DIRECTLY TO THE COLLEGE / UNIVERSITY ATTENDED. ONE SCHOLARSHIP AWARDED TO A FIRST YEAR THEATRE EDUCATION TEACHER PAYABLE TO THE TEACHER IN INSTALLMENTS UPON COMPLETION OF YEARS ONE AND TWO.
THEATREFEST: ANNUAL CONVENTION
SUMMERFEST: ANNUAL CONVENTION
OTHER GENERAL DONATIONS AND THEATRE JOURNALS INCOME.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Perry Crafton President | OfficerTrustee | 20 | $0 |
Kelley Hughes Treasurer-Elect | OfficerTrustee | 10 | $0 |
Gary Cooper Higher Education Chair | OfficerTrustee | 10 | $0 |
Cheryl Painter K-12 Chair | OfficerTrustee | 10 | $0 |
Destynee Miller Secretary | OfficerTrustee | 10 | $0 |
Pam Wilson Treasurer | OfficerTrustee | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $74,490 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $74,490 |
| Total Program Service Revenue | $87,231 |
| Investment income | $3,834 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$6,450 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $159,105 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $28,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $38,200 |
| Advertising and promotion | $0 |
| Office expenses | $11,006 |
| Information technology | $5,684 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,706 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $98,138 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,651 |
| All other expenses | $0 |
| Total functional expenses | $215,251 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $232,039 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $78,653 |
| 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 | $24,508 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $339,554 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $30,782 |
| Total assets | $705,536 |
| Accounts payable and accrued expenses | $94,410 |
| 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 | $0 |
| Total liabilities | $94,410 |
| Net assets without donor restrictions | $611,126 |
| 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 | $705,536 |
Peer Organizations
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|---|---|---|
New Orleans Film And Video Society Inc New Orleans, LA | $893,473 | $1,763,919 |
The Troy Andrews Foundation New Orleans, LA | $2,023,696 | $727,509 |
Fort Worth Community Arts Center Fort Worth, TX | $233,631 | $729,515 |
Downtown San Angelo Inc San Angelo, TX | $329,867 | $181,970 |
International School Of Hydrocarbon Measurement Inc Norman, OK | $321,813 | $326,852 |
Texas Educational Theatre Association Inc Houston, TX | $705,536 | $159,105 |
Kelly Foundation Incorporated Little Rock, AR | $303,866 | $156,535 |
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Sawmill Center Inc Albuquerque, NM | $166,545 | $253,100 |
Azerbaijan Center Houston, TX | $79,047 | $103,981 |
Murphy Tribute Association Murphy, TX | $43,432 | $0 |
Mobilelink Foundation Sugar Land, TX | $0 | $0 |