Iama Theatre Company is located in Porter Ranch, CA. The organization was established in 2016. 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 06/2022, Iama Theatre Company employed 47 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iama Theatre 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 06/2022, Iama Theatre Company generated $649.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $537.1k during the year ending 06/2022. While expenses have increased by 21.5% per year over the past 5 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
LIVE THEATRICAL PERFORMANCES
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN FY 2021-22 IAMA PRESENTED THE FOLLOWING PERFORMANCES: IAMA THEATRE COMPANY 2021-22 UNDER 30 PLAYWRIGHTS LAB VIRTUAL SERIES JULY 23-26 2021 FREE READINGS OF FIVE NEW PLAYS PRESENTED OVER THE COURSE OF FOUR DAYS. 5 DIRECTORS 27 ACTORS 1 CASTING DIRECTOR 1 STAGE MANAGER UNKNOWN AUDIENCE SINCE ZOOM READING WITH NO REGISTRATION PASS THE MIC FESTIVAL - VIRTUAL FESTIVAL RECORDED LIVE ON OCT 9 2021 FOR STREAMING THROUGH OCT 24 2021. TICKETS $15 READINGS OF FIVE NEW PLAYS. 2 CO-HOSTS 5 PLAYWRIGHTS 5 DIRECTORS 17 ACTORS 2 PRODUCERS 1 EDITOR TOTAL VIEWS - 133 THE VERY BEST PEOPLE VIRTUAL WORKSHOP ON OCTOBER 14-17 2021 6 ACTORS NO TICKETS AS DID NOT PRESENT TO THE PUBLIC NEW WORKS FESTIVAL NOV. 11-14 2021 FREE READINGS OF SIX NEW PLAYS PRESENTED OVER THE COURSE OF FOUR DAYS. 6 PLAYWRIGHTS 6 DIRECTORS 37 ACTORS 1 CASTING DIRECTOR 1 STAGE MANAGER 1 HOUSE MANAGER 1 DRAMATURG 1 PRODUCER 336 TICKETS SOLD SMILE WORKSHOP ON JANUARY 6-11 2022 1 DIRECTOR 4 ACTORS NO TICKETS AS DID NOT PRESENT TO THE PUBLIC CELESTIAL EVENTS MARCH 5-14 2022 TICKETS $20 FULL LENGTH PLAY WRITTEN DIRECTED AND PERFORMED ENTIRELY BY MEMBERS OF THE IAMA ENSEMBLE PLAYWRIGHTS - 5 DIRECTORS - 2 ACTORS - 12 PRODUCTION CREW INCLUDES DESIGNERS PRODUCERS TECH CREW ETC - 14 484 TICKETS SOLD RADICAL WORKSHOP ON MARCH 15-19 2022 3 ACTORS 1 DIRECTOR 1 DRAMATURG NO TICKETS AS DID NOT PRESENT TO THE PUBLIC READING OF I HATE NEW YORK AND HOT DOGS & TEARS MARCH 24 2022 FREE SOLO SHOWS WRITTEN AND PERFORMED BY IAMA ENSEMBLE MEMBERS TOM DETRINIS AND MELISSA STEPHENS DIRECTORS-2 PRODUCERS - 2 UNKNOWN AUDIENCE SINCE INFORMAL READING WITH NO TICKETS REQUIRED HI ARE YOU SINGLE MAR 28 2022 - APRIL 10 2022 CO-PRODUCTION WITH WOOLLY MAMMOTH THEATRE COMPANY IN DC SOLO SHOW WRITTEN AND PERFORMED BY RYAN HADDAD. FULL PRODUCTION TOOK PLACE IN DC. WOOLLY HANDLED PAYROLL AND TICKETING. IAMA GAVE WOOLLY $10K TO COVER PRODUCTION COSTS AND IN RETURN RECEIVED 10% OF BOX OFFICE. 963 TICKETS SOLD THE EVERGREEN WORKSHOP ON APRIL 20-26 2022 6 ACTORS 1 DIRECTOR 1 CHOREOGRAPHER 1 MUSIC DIRECTOR 1 CASTING DIRECTOR 1 STAGE MANAGER 3 MUSICIANS NO TICKETS AS DID NOT PRESENT TO THE PUBLIC I HATE NEW YORK MAY 5-8 2022 TICKETS $20 OR $35 IF PURCHASED TOGETHER WITH HOT DOGS & TEARS SOLO SHOW WRITTEN AND PERFORMED BY IAMA ENSEMBLE MEMBER TOM DETRINIS DIRECTOR-1 PRODUCTION CREW INCLUDES DESIGNERS PRODUCERS TECH CREW ETC - SEE BELOW FOR HOT DOGS & TEARS- CREW WORKED ON BOTH SHOWS 132 TICKETS SOLD HOT DOGS & TEARS MAY 5-8 2022 TICKETS $20 OR $35 IF PURCHASED TOGETHER WITH I HATE NEW YORK SOLO SHOW WRITTEN AND PERFORMED BY IAMA ENSEMBLE MEMBER MELISSA STEPHENS DIRECTOR-1 PRODUCTION CREW INCLUDES DESIGNERS PRODUCERS TECH CREW ETC - 6 34 TICKETS SOLD UNTITLED BABY PLAY MAY 26 2022 - JUNE 27 2022 TICKETS: GENERAL ADMISSION $35 PREVIEWS $20 WORLD PREMIERE PLAY 1 PLAYWRIGHT 1 DIRECTOR 12 ACTORS 6 WERE UNDERSTUDIES PRODUCTION CREW INCLUDES DESIGNERS PRODUCERS TECH CREW ETC - 31 708 TICKETS SOLD THE MADAME OF LEIMERT READING ON JUNE 30 2021 FREE 1 PLAYWRIGHT DIRECTOR 2 ASSOCIATE DIRECTORS DRAMATURGS 1 STAGE MANAGER 1 DJ 9 ACTORS 144 ATTENDED
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Katie Lowes Chair | OfficerTrustee | 2 | $0 |
Tyler Ennis President | OfficerTrustee | 2 | $0 |
Melissa Romain Vice President | OfficerTrustee | 2 | $0 |
David Yanni Secretary | OfficerTrustee | 2 | $0 |
Victoria Lerner Treasurer | OfficerTrustee | 1 | $0 |
Jana Bezdek Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $15,000 |
All other contributions, gifts, grants, and similar amounts not included above | $596,153 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $611,153 |
Total Program Service Revenue | $38,454 |
Investment income | $39 |
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 | $649,646 |
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 | $239,234 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $18,301 |
Fees for services: Management | $113,003 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,150 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $19,913 |
Office expenses | $9,945 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $4,411 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $4,239 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $11,627 |
All other expenses | $0 |
Total functional expenses | $537,109 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $236,525 |
Savings and temporary cash investments | $216,250 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $24,159 |
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 | $12,254 |
Total assets | $489,188 |
Accounts payable and accrued expenses | $25,525 |
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 | $11,530 |
Total liabilities | $37,055 |
Net assets without donor restrictions | $440,133 |
Net assets with donor restrictions | $12,000 |
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 | $489,188 |