Theater League Inc
- Assets
- $27.5m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Kansas City, MO
- Founding
- 08/1976
- Data as of
- 12/2022
- EIN
- 51-0196231
Organization Overview
Theater League Inc is located in Kansas City, MO. The organization was established in 1976. 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. Theater League 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 12/2022, Theater League Inc generated $2.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (21.2%) each year. All expenses for the organization totaled $6.9m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Theater League Inc has awarded 104 individual grants totaling $1,972,021. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FOR THE DEVELOPMENT OF THE PERFORMING ARTS AS A CULTURAL AND EDUCATIONAL RESOURCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRODUCING AND PRESENTING BROADWAY MUSICALS, PLAYS AND NEW WORKS IN LOCAL PERFORMING ARTS CENTERS AND ENRICHING THE LIVES IN THE COMMUNITIES WE SERVE.
THEATER ROCKS REACH OUT TO KIDS IS THEATHER LEAGUES EDUCATIONAL OUTREACH PROGRAM. TARGETING STUDENTS IN TITLE I AND SIMILARLY DISADVANTAGE YOUNG PEOPLE, THE ORGANIZATION-- WORKING WITH LOCAL SERVICE ORGANIZATION IN SOME CASES-- PROVIDES FREE OR SUBSIDIZED TICKETS TO PERFORMANCES OF ITS OWN PRESENTATIONS AND OTHER PROFESSIONAL PERFORMING ARTS EVENTS IN THE COMMUNITIES WE SERVE. STUDENTS ALSO ATTEND QUESTION AND ANSWER SESSIONS WITH THEATER PROFESSIONALS AND ENGAGE IN POST-SHOW DISCUSSIONS AND CLASSROOM EFFORTS INCLUDING ARTS AND CRAFTS PROJECTS TO EXPAND THE IMPACT OF THEIR THEATERGOING EXPERIENCE.
THEATER LEAGUE COMMISSIONED THE PLAY FOUR CHILDREN, TO BE PRODUCED IN CONJUNCTION WITH THE TOURING EXHIBIT AUSCHWITZ.NOT LONG AGO. NOT FAR AWAY, WHICH WAS PRESENTED IN OCTOBER 2021 BY KANSAS CITY ACTORS THEATRE. THE PLAY TRACES THE LIVES OF FOUR TEENAGERS WHO LIVED IN POLAND DURING THE HOLOCAUST AND GENOCIDES IN ARMENIA, CAMBODIA AND SARAJEVO, REMINDING AUDIENCES THAT WITHOUT VIGILANCE, THESE TRAGEDIES CAN HAPPEN ANYTIME, ANYWHERE. THE PLAY WILL BE MADE AVAILABLE IN FUTURE YEARS TO SCHOOLS AND PERFORMING ARTS CENTERS TO COMMEMORATE THE ANNIVERSARIES OF THESE TERRIBLE EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edelman Mark Howard President | OfficerTrustee | 40 | $197,847 |
Goldman Ellen Secretary Dir Emeritus | OfficerTrustee | 1 | $0 |
Azorsky Michael Treasurer | OfficerTrustee | 1 | $0 |
Achtenberg Alice Jacks Vice President | OfficerTrustee | 1 | $0 |
Carozza Phyllis PHD Director | Trustee | 1 | $0 |
Holland Jack Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Beautiful Tour Carole Company Lp Touring Broadway Show | 12/30/18 | $1,074,518 |
Jumanosi Tour Lp Touring Broadway Show | 12/30/18 | $689,350 |
Kinky Boots On Tour Llc Touring Broadway Show | 12/30/18 | $954,000 |
Motown Touring Llc Touring Broadway Show | 12/30/18 | $595,752 |
Phantom Touring Llc Touring Broadway Show | 12/30/18 | $794,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,300 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,300 |
| Total Program Service Revenue | $6,308,127 |
| Investment income | $681,368 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$5,018,694 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,974,369 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $711,500 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $198,106 |
| Fees for services: Legal | $134 |
| Fees for services: Accounting | $3,215 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,400 |
| Office expenses | $4,821 |
| Information technology | $2,130 |
| Royalties | $0 |
| Occupancy | $1,333 |
| Travel | $11,726 |
| 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 | $2,104 |
| All other expenses | $0 |
| Total functional expenses | $6,853,217 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $271,525 |
| 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 | $50,000 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $27,212,883 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $27,534,408 |
| 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 | $638,312 |
| Total liabilities | $638,312 |
| Net assets without donor restrictions | $1,646,636 |
| Net assets with donor restrictions | $25,249,460 |
| 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 | $27,534,408 |
Grants Awarded
Over the last fiscal year, Theater League Inc has awarded $517,000 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
Kansas City, MO PURPOSE: ORGANIZATIONAL AND PRODUCTION SUPPORT | $52,500 |
Kansas City, MO PURPOSE: ORGANIZATIONAL AND PRODUCTION SUPPORT | $52,500 |
Kansas City, MO PURPOSE: ORGANIZATIONAL AND PRODUCTION SUPPORT | $45,000 |
Kansas City, MO PURPOSE: ORGANIZATIONAL AND PRODUCTION SUPPORT | $45,000 |
Kansas City, MO PURPOSE: THEATER PRODUCTION SUPPORT AND THEATER ROCKS GRANT | $45,000 |
Kansas City, MO PURPOSE: ORGANIZATIONAL AND PRODUCTION SUPPORT | $45,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Theater League Inc has recieved totaling $100.
| Awarding Organization | Amount |
|---|---|
Baird Foundation Inc Milwaukee, WI PURPOSE: ARTS | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Municipal Theatre Association Of St Louis St Louis, MO | $124,521,689 | $24,643,540 |
Chicago Theatre Group Inc Chicago, IL | $67,225,016 | $13,268,580 |
Chicago Shakespeare Theater Chicago, IL | $57,017,216 | $17,200,053 |
Steppenwolf Theater Co Chicago, IL | $121,972,303 | $10,370,800 |
Repertory Theatre Of St Louis Saint Louis, MO | $11,243,335 | $8,131,352 |
Theatre Squared Inc Fayetteville, AR | $37,817,681 | $7,945,309 |
Theater League Inc Kansas City, MO | $27,534,408 | $1,974,369 |
Kansas City Repertory Theatre Inc Kansas City, MO | $16,549,534 | $6,035,764 |
Actors Theatre Of Louisville Inc Louisville, KY | $21,191,144 | $5,821,422 |
Omaha Theater Company Omaha, NE | $9,432,355 | $7,494,980 |
Black Ensemble Theater Corporation Chicago, IL | $20,384,078 | $7,980,643 |
Lookingglass Theatre Company Chicago, IL | $2,356,485 | $3,866,114 |