Stevie Rays Theatre Company
- Assets
- $148.4k
- Revenue
- $266.6k
- Investments
- $0.0
- Employees
- 3
- Location
- Burnsville, MN
- Founding
- 10/1995
- Data as of
- 12/2023
- EIN
- 41-1812831
Organization Overview
Stevie Rays Theatre Company, operating under the name Stevie Ray's Improv Company, is located in Burnsville, MN. The organization was established in 1995. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Stevie Ray's Improv Company employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stevie Ray's Improv Company 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 12/2023, Stevie Ray's Improv Company generated $266.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $270.9k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO OFFER OPPORTUNITIES TO NEW AND EMERGING ARTISTS IN THE MINNEAPOLIS/ST. PAUL AREA TO LEARN AND PERFORM IMPROVISATIONAL THEATRE. TO OFFER TRAINING TO ANYONE INTERESTED IN PERSONAL OR PROFESSIONAL GROWTH, REGARDLESS OF EXPERIENCE OR ABILITY TO PAY. TO ALSO OFFER TRAINING TO SPECIAL NEEDS GROUPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDED PERFORMANCE OPPORTUNITIES 110 NEW AND EMERGING ARTISTS, AND PROVIDED PUBLIC PERFORMANCES TO 11,672 AUDIENCE MEMBERS.
PROVIDED CLASSES AND SPECIALIZED TRAINING FOR 2,083 MEMBERS OF THE COMMUNITY. OF THESE, 948 WERE FOR ORGANIZATIONS AT LOW OR NO COST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Rentfrow Executive Director | Officer | 40 | $70,720 |
Joseph Harstad Artistic Director | Officer | 40 | $53,000 |
Pamela Mayne Director Of Operations | Officer | 40 | $46,020 |
Kat Dalager Director | Trustee | 0 | $0 |
William Sommers Director | Trustee | 0 | $0 |
Jonathan Fogel Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $900 |
| All other contributions, gifts, grants, and similar amounts not included above | $325 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,225 |
| Total Program Service Revenue | $264,834 |
| 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 | $266,584 |
| 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. | $169,740 |
| Compensation of current officers, directors, key employees. | $169,740 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $650 |
| Payroll taxes | $13,264 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,250 |
| Office expenses | $2,221 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,435 |
| Travel | $1,100 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $161 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,321 |
| All other expenses | $0 |
| Total functional expenses | $270,890 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $148,362 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $148,362 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $148,362 |
| 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 | $148,362 |