Standing Ovation Theatre Academy Inc is located in Round Lake Beach, IL. The organization was established in 2012. According to its NTEE Classification (A65) the organization is classified as: Theater, 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. Standing Ovation Theatre Academy 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 12/2021, Standing Ovation Theatre Academy Inc generated $36.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $27.9k during the year ending 12/2021. 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
AS DESCRIBE IN SCHEDULE O, STANDING OVATION THEATRE ACADEMY, INC CONDUCTS VOCAL AND PERFORMING ART CLASSES FOR YOUTH 5-17 AND PRODUCTIONS FOR THE COMMUNITY TO ATTEND FOR THE STUDENTS TO SHOW OFF THEIR PERFORMING ARTS SKILLS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Erin Mulder Artistic Director, President | 12 | $12,833 | |
Kate Panagiotopoulos Independent Contractor | 2 | $1,700 | |
Janice Zimmerman Independent Contractor, Board Of Directors | 7 | $1,500 | |
Jasmine Block-Tersom Independent Contractor | 2 | $1,000 | |
Skyler Greenburg Independent Contractor | 2 | $1,000 | |
Amy Cole Independent Contractor | 2 | $1,000 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $36,662 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | -$531 |
Other Revenue | $0 |
Total Revenue | $36,131 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $23,324 |
Occupancy, rent, utilities, and maintenance | $4,241 |
Printing, publications, postage, and shipping | $365 |
Other expenses | $0 |
Total expenses | $27,930 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $13,486 |
Other assets | $0 |
Total assets | $13,486 |
Total liabilities | $0 |
Net assets or fund balances | $13,486 |
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