Childrens Theatre And School Of Thearts
- Assets
- $1.8m
- Revenue
- $639.9k
- Investments
- $0.0
- Employees
- 25
- Location
- Salt Lake City, UT
- Founding
- 09/2007
- Data as of
- 12/2020
- EIN
- 26-0640298
Organization Overview
Childrens Theatre And School Of Thearts, operating under the name The Childrens Theatre, is located in Salt Lake City, UT. The organization was established in 2007. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Childrens Theatre employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Theatre 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 12/2020, Childrens Theatre generated $639.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $423.0k during the year ending 12/2020. While expenses have increased by 4.6% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
INSPIRING CHILDREN TO CULTIVATE CREATIVITY THROUGH THE THEATRICAL ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN THE YEAR 2021 DUE TO THE COVID-19 PANDEMIC CONTINUING INTO THE YEAR WE DID OUR BEST TO STAY SAFE AND GET BACK INTO A FULL SEASON. WE WERE ABLE TO DO 5 PRODUCTIONS. DURING THE SUMMER WE HAD LIMITED SUMMER CAMPS AND WERE GLAD TO SEE OUR CAMPERS BACK IN THE THEATRE. WE WERE ALSO ABLE TO START OUR AFTER SCHOOL CLASSES IN PERSON IN THE FALL. WE HAD LIMITED GROWTH AND ARE WORKING HARD TO GET BACK TO PRE-COVID PRODUCTIONS AND NUMBERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Parker Executive Di | Trustee | 40 | $82,500 |
Emily Parker Board Member | OfficerTrustee | 2 | $0 |
Jon Lea Board Member | Trustee | 2 | $0 |
Alison Jensen Board Member | Trustee | 2 | $0 |
John Holgren Board Member | Trustee | 2 | $0 |
Brandon Patterson Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $325,500 |
| Government grants | $164,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,742 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $493,142 |
| Total Program Service Revenue | $146,759 |
| 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 | $639,901 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $197,460 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $13,650 |
| Fees for services: Management | $2,863 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $71,844 |
| Advertising and promotion | $5,172 |
| Office expenses | $40 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $52,915 |
| Travel | $8,507 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $14,428 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $54,320 |
| Insurance | $1,835 |
| All other expenses | $0 |
| Total functional expenses | $423,034 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $293,881 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $459,297 |
| 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 | $1,088,072 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,841,250 |
| Accounts payable and accrued expenses | $1,259 |
| 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 | $321,244 |
| Other liabilities | $200,500 |
| Total liabilities | $523,003 |
| Net assets without donor restrictions | $1,318,247 |
| 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 | $1,841,250 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Childrens Theatre And School Of Thearts has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arvada Center For The Arts And Humanities Arvada, CO | $4,050,578 | $14,173,425 |
Mijente Support Committee Phoenix, AZ | $11,714,923 | $5,386,402 |
Mizel Center For Arts And Culture Denver, CO | $1,231,289 | $3,287,968 |
Breckenridge Creative Arts Breckenridge, CO | $2,416,753 | $3,508,124 |
Seriesfest Denver, CO | $743,501 | $1,745,266 |
Sangre De Cristo Arts & Conference Center Inc Pueblo, CO | $10,967,015 | $4,351,020 |
Pianos For Students Society Scottsdale, AZ | $2,398,640 | $2,853,923 |
Utah Arts Festival Foundation Inc Salt Lake City, UT | $348,898 | $1,497,242 |
Western Folklife Center Elko, NV | $4,175,367 | $1,317,220 |
Center Of Southwest Culture Inc Albuquerque, NM | $1,552,874 | $1,362,802 |
Sedona Arts Center Inc Sedona, AZ | $1,750,295 | $1,905,448 |
Littleton Town Hall Arts Center Littleton, CO | $1,947,271 | $2,195,342 |