The Redmond Academy Of Theatre Arts
- Assets
- $155.4k
- Revenue
- $369.4k
- Investments
- $0.0
- Employees
- 28
- Location
- Redmond, WA
- Founding
- 08/2014
- Data as of
- 12/2021
- EIN
- 46-1623407
Organization Overview
The Redmond Academy Of Theatre Arts is located in Redmond, WA. The organization was established in 2014. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Redmond Academy Of Theatre Arts employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Redmond Academy Of Theatre Arts 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, Redmond Academy Of Theatre Arts generated $369.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $385.3k during the year ending 12/2021. While expenses have increased by 13.4% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ALLOW CHIDLREN AN OPPORTUNITY TO EXPERIENCE THE JOY OF THEATER THROUGH DRAMA, MUSIC AND DANCE, AND PRESENT THEATRICAL PRODUCTIONS THAT WILL EDUCATE AS WELL AS ILLUMINATE THE STUDENTS AND OUR COMMUNITY AT LARGE. THE ORGANIZATION ALSO PROVIDES AN AFFORDABLE SPACE FOR COMMUNITY THEATER PERFORMANCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCTED SUMMER ACTING AND MUSICAL THEATRE CAMPS FOR STUDENTS AGED 3 TO 18. ATTENDANCE INCLUDED OVER 500 STUDENTS
CONDUCTED DANCE, SINGING AND PERFORMANCE CLASSES FOR STUDENTS AGED 3 TO 18. ATTENDANCE INCLUDED 100 STUDENTS.
PRODUCTION OF MUSICAL "PIRATES OF PENZANCE" "ADDAMS FAMILY" "12TH NIGHT" AND "CINDERELLA" PERFORMED FOR THE PUBLIC. PERFORMERS RANGED IN AGE FROM 8 TO 17.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Willis Artistic Director | 40 | $33,850 | |
Sheila Hess Co-Treasurer | Officer | 5 | $0 |
Alison Brandon President, Secretary | Officer | 5 | $0 |
Natalia Zayat Member-At-Large | Officer | 5 | $0 |
Grace He Member-At-Large | Officer | 5 | $0 |
Maria Denise Clarke Co-Treasurer | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $727 |
| Related organizations | $0 |
| Government grants | $108,047 |
| All other contributions, gifts, grants, and similar amounts not included above | $49,774 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $158,548 |
| Total Program Service Revenue | $206,293 |
| Investment income | $22 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,489 |
| 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 | $369,352 |
| 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. | $33,850 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $59,180 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $21,515 |
| 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 | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,410 |
| Office expenses | $3,923 |
| Information technology | $5,753 |
| Royalties | $0 |
| Occupancy | $198,994 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,017 |
| All other expenses | $39,007 |
| Total functional expenses | $385,330 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $150,057 |
| 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 | $5,314 |
| Total assets | $155,371 |
| 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 | $164,619 |
| Other liabilities | $0 |
| Total liabilities | $164,619 |
| Net assets without donor restrictions | -$9,248 |
| 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 | $155,371 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Redmond Academy Of Theatre Arts has recieved totaling $8,209.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $8,209 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Shunpike Seattle, WA | $2,155,050 | $3,145,389 |
On The Boards Seattle, WA | $8,063,400 | $5,761,969 |
Beaverton Arts Foundation Inc Beaverton, OR | $11,885,314 | $4,596,836 |
Whidbey Island Center For The Arts Langley, WA | $2,928,245 | $860,208 |
Seattle Center Foundation Seattle, WA | $1,954,374 | $1,225,153 |
Bainbridge Performing Arts Bainbridge Island, WA | $12,190,794 | $6,764,163 |
Historic Elsinore Theatre Inc Salem, OR | $2,700,397 | $588,311 |
Community Center For The Prforming Eugene, OR | $436,707 | $733,977 |
Esther Simplot Performing Arts Academy Inc Boise, ID | $20,907,444 | $1,465,849 |
The Redmond Academy Of Theatre Arts Redmond, WA | $155,371 | $369,352 |
Stumptown Stages Lake Oswego, OR | $26,664 | $254,116 |
Emerald City Music Seattle, WA | $78,009 | $366,273 |