The Musical Theater Project is located in Middleburg Heights, OH. The organization was established in 2001. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2022, Musical Theater Project employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Musical Theater Project 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, Musical Theater Project generated $471.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $619.2k during the year ending 06/2022. 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
TO FOSTER A DEEP APPRECIATION OF THE AMERICAN MUSICAL AND THE SOCIAL AND CULTURAL HISTORY THAT SURROUNDS IT BY CREATING PROGRAMS THAT EDUCATE AS WELL AS ENTERTAIN PEOPLE OF ALL AGES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOOL PROGRAMS: TMTP'S "KIDS LOVE MUSICALS" RETURNED TO CLASSROOMS FOR THE SECOND YEAR FOLLOWING COVID, STILL AT ABOUT 50% CAPACITY AND SERVING APPROXIMATELY 2,000 CHILDREN IN GRADES K-4. THIS RESIDENCY PROGRAM USES SONGS, DIALOGUE AND MOVEMENT FROM CLASSIC AMERICAN MUSICALS TO INTRODUCE STUDENTS TO THE ART FORM. SCHOOLS INCLUDE PUBLIC, PRIVATE AND CHARTER SCHOOLS IN RURAL, SUBURBAN AND URBAN SETTINGS.
OTHER
CONCERTS & CABARETS: RELIEF FROM THE PANDEMIC SAW A RETURN TO PERFORMANCE IN VENUES IN AND AROUND CLEVELAND BEGINNING IN JANUARY 2022 WITH A PARTNERSHIP WITH CLEVELAND JAZ ORCHESTRA SHOWCASING THE GERSHWINS, AND TWO MONTHS LATER, A TWICE-POSTPONED CONCERT EXPLORING THE MUSICAL "CAMELOT." CONCERTS WERE MODERATELY ATTENDED, IN LINE WITH NATIONAL STATISTICS, OPERATING AT ABOUT 50% OF PRE-COVID LEVELS. ONE CABARET BENEFIT PERFORMANCE WAS PRODUCED IN APRIL WITH APPROXIMATELY 125 INDIVIDUALS IN ATTENDANCE.
ARCHIVAL PROJECTS-RADIO PROGRAMS AND RECORDINGS: UNAFFECTED BY COVID, TMTP PRODUCED 52 INSTALLMENTS OF THE RADIO PROGRAM "FOOTLIGHT PARADE"/ "ON THE AISLE", BROADCAST ON MORE THAN 100 PUBLIC RADIO STATIONS AROUND THE COUNTRY. THE PROGRAM HAS MORE THAN 100,000 LISTENERS EACH YEAR IN NE OHIO ALONE (STATION WCLV). ADDITIONALLY, THE PROGRAM WAS UPLOADED EACH WEEK FOR STREAMING AT WWW.PRX.ORG UNDER THE SAME TITLE, AND AS "ON THE AISLE" IT WAS BROADCAST TWICE PER WEEK ON SIRIUSXM SATELLITE RADIO (CHANNEL 77). GENERAL INTEREST EPISODES INCLUDED "THERE'S A PLACE FOR US: UTOPIA IN SONG," "FROM THE HEART- AND "SEPTEMBER SONGS: CELEBRATING GROWING OLDER." TMTP'S RECORD LABEL, HARBINGER RECORDS, WHICH SPECIALIZES IN MUSICAL THEATER, CABARET AND THE GREAT AMERICAN SONGBOOK, PRODUCES THE FIRST ALBUM OF ANAIS RENO, A FAST-RISING STAR IN THE NEW YORK CABARET WORLD.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William Rudman Artistic Dir | OfficerTrustee | 40 | $55,038 |
Kathyrn Maver Marketing Di | Officer | 40 | $36,346 |
Jack Warren Managing Dir | Officer | 40 | $6,927 |
Bonnie Kane Barenholtz Trustee | Trustee | 1 | $0 |
Lin Bartel Trustee | Trustee | 1 | $0 |
Marilyn Brown President | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $388,188 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $388,188 |
Total Program Service Revenue | $62,132 |
Investment income | $118 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$840 |
Net Income from Fundraising Events | $21,177 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $471,936 |
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. | $179,080 |
Compensation of current officers, directors, key employees. | $25,071 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $55,053 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $136,887 |
Fees for services: Management | $0 |
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 | $3,497 |
Fees for services: Other | $108,538 |
Advertising and promotion | $5,306 |
Office expenses | $47,460 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $5,736 |
Travel | $2,718 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $4,167 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $623 |
Insurance | $3,154 |
All other expenses | $0 |
Total functional expenses | $619,218 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $583,786 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $29,548 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $81,124 |
Prepaid expenses and deferred charges | $996 |
Net Land, buildings, and equipment | $396 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $364,888 |
Total assets | $1,060,738 |
Accounts payable and accrued expenses | $113,739 |
Grants payable | $0 |
Deferred revenue | $123,588 |
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 | $146,082 |
Other liabilities | $0 |
Total liabilities | $383,409 |
Net assets without donor restrictions | $285,993 |
Net assets with donor restrictions | $391,336 |
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 | $1,060,738 |