Synetic Theatre Inc
- Assets
- $749.4k
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 21
- Location
- Arlington, VA
- Founding
- 06/1997
- Data as of
- 08/2022
- EIN
- 52-2001215
Organization Overview
Synetic Theatre Inc is located in Arlington, VA. The organization was established in 1997. 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 08/2022, Synetic Theatre Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Synetic Theatre 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 08/2022, Synetic Theatre Inc generated $1.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $1.7m during the year ending 08/2022. While expenses have increased by 1.0% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
WASHINGTON DCS PREMIER CONTEMPORARY PHYSICAL THEATER SEEKS TO REDEFINE THEATRE BY DEVISING A UNIQUE AND INNOIVATIVE BLEND OF STAGE MOVEMENT, DANCE, TEXT, AND MUSIC WHILE INVESTING IN ARTISTS GROWTH, AND CREATING UNFORGETTABLE VISCERAL EXPERIENCES FOR EVERY AUDIENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAIN STAGE PRODUCED THREE MAJOR PRODUCTIONS IN THE 2019-20 SEASON AT THE ARLINGTON, VA THEATER THAT GARNERED CRITICAL ACCLAIM: THE TEMPEST, SNOW QUEEN, AND THE PHANTOM OF THE OPERA BEFORE HAVING TO CANCEL TWO PRODUCTIONS DUE TO THE COVID-19 PANDEMIC. SYNETIC COMBINES EUROPEAN AND AMERICAN THEATER CONTEMPORARY TECHNIQUES TO INSTILL NEW LIFE INTO CLASSIC STORIES AND TO CREATE INNOVATIVE ORIGINAL WORKS. PRODUCTIONS HAVE DISTINCTLY AMBITIOUS AUDITORY AND VISUAL STYLE BROUGHT TO LIFE BY AN INTENSIVELY-TRAINED ENSEMBLE OF ACTORS; SYNETIC AIMS TO CHOOSE WORK AS DIVERSE AND VARIED AS POSSIBLE, HIGHLIGHTING THE UNIVERSALITY AND CONTEMPORARY RELEVANCE OF THESE NARRATIVES. SYNETIC HAS BEEN PARTICULARLY CELEBRATED FOR ITS WORDLESS SHAKESPEARE SERIES. IN RESPONSE TO THE COVID-19 PANDEMIC, SYNETIC RELEASED ENCORE SCREENINGS OF PRODUCTIONS FROM OUR REPERTOIRE AS WELL AS PRODUCED A MADE-FOR-DIGITAL ADAPTATION OF THE DECAMERON.
EDUCATION AND OUTREACH SYNETICS STUDIO SPACE IN CRYSTAL CITY PROVIDES DANCE, ACTING, AND PHYSICAL THEATER-BASED CLASSES FOR CHILDREN AND ADULTS AND IS HOME OF SYNETICS SUMMER CAMP AND TEEN COMPANY. SYNETIC OFFERS 10 WEEKS OF SUMMER CAMP; FOR EACH SESSION, CAMPERS LEARN AN HOUR-LONG SHOW BASED ON CLASSIC LITERATURE AND POP CULTURE THAT INCORPORATES MYRIAD ARTFORMS, WHICH THEY PERFORM FOR FAMILY ON SYNETICS MAINSTAGE. THE TEEN COMPANY OFFERS A SINGULAR PRE-PROFESSIONAL TRAINING AND PERFORMANCE OPPORTUNITY FOR STUDENTS AGES 13 TO 18. SYNETIC TEACHING ARTISTS TRAVEL THROUGHOUT THE DMV AREA SHARING OUR UNIQUE PERFORMANCE APPROACH WITH PEOPLE OF ALL AGES AND BACKGROUNDS THROUGH WORKSHOPS, RESIDENCIES AND PERFORMANCES. KEY PARTNERSHIPS INCLUDE ARLINGTON PUBLIC LIBRARIES AND YOUNG AUDIENCES OF MARYLAND.
TRAINING AND DEVELOPMENT THE THEATERS ACCLAIM IS MOSTLY ATTRIBUTABLE TO THE SINGULAR ENSEMBLE OF ACTOR-CREATORS IT HAS TRAINED AND DEVELOPED OVER THE LAST 20 YEARS. EACH SEASON, THE THEATER AUDITIONS AND WELCOMES NEW ACTORS TO JOIN ITS BODY OF MIND STUDIO AND A SELECT FEW ARE PROMOTED ARE CAST IN PRODUCTIONS AND EVENTUALLY PROMOTED TO THE COMPANY. THE THEATERS COMPANY MEMBERS NOW LIVE AROUND THE WORLD, SPREADING THE UNIQUE SYNETIC STYLE TO OTHER ORGANIZATIONS AND MEDIUMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Najjoum Managing Director - Thru Dec | OfficerTrustee | 60 | $76,513 |
Paata Tsikurishvili Founding Artistic Director | OfficerTrustee | 60 | $72,000 |
Allison J Foster Chair | OfficerTrustee | 2 | $0 |
Tim Carlton Secretary | OfficerTrustee | 2 | $0 |
Alec Guroff Treasurerfinance Chair | OfficerTrustee | 2 | $0 |
Rick L Hardy Past Chair | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $93,191 |
| All other contributions, gifts, grants, and similar amounts not included above | $993,609 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,086,800 |
| Total Program Service Revenue | $604,461 |
| 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 | $1,764,832 |
| 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. | $130,513 |
| Compensation of current officers, directors, key employees. | $15,942 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $440,129 |
| Pension plan accruals and contributions | $1,872 |
| Other employee benefits | $38,417 |
| Payroll taxes | $43,032 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $50,311 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $471,243 |
| Advertising and promotion | $129,850 |
| Office expenses | $97,126 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $116,039 |
| Travel | $28,781 |
| 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 | $13,691 |
| Insurance | $30,831 |
| All other expenses | $0 |
| Total functional expenses | $1,704,014 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $366,864 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $282,589 |
| 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 | $33,504 |
| Net Land, buildings, and equipment | $66,453 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $749,410 |
| Accounts payable and accrued expenses | $126,834 |
| Grants payable | $0 |
| Deferred revenue | $25,107 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $6,336 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $349,900 |
| Other liabilities | $0 |
| Total liabilities | $508,177 |
| Net assets without donor restrictions | -$43,191 |
| Net assets with donor restrictions | $284,424 |
| 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 | $749,410 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Synetic Theatre Inc has recieved totaling $73,335.
| Awarding Organization | Amount |
|---|---|
Greater Washington Community Foundation Washington, DC PURPOSE: GENERAL SUPPORT | $30,000 |
Morris And Gwendolyn Cafritz Foundation Washington, DC PURPOSE: ARTS & HUMANITIES | $30,000 |
The Seattle Foundation Seattle, WA PURPOSE: TO PROVIDE SUPPORT PER THE 2021 GRANT PROPOSAL | $10,000 |
Dallas Morse Coors Foundation For The Performing Arts Tr Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $3,300 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $35 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Shakespeare Theatre Washington, DC | $65,973,767 | $13,307,263 |
Ford S Theatre Society Washington, DC | $70,916,217 | $19,576,339 |
Olney Theatre Corporation Olney, MD | $19,570,202 | $9,983,104 |
Round House Theatre Inc Bethesda, MD | $10,592,034 | $5,829,495 |
Center Stage Associates Inc Baltimore, MD | $48,178,796 | $10,294,538 |
Woolly Mammoth Theatre Co Washington, DC | $10,084,762 | $5,303,229 |
Signature Theatre Inc Arlington, VA | $13,654,259 | $8,861,886 |
Actors Theatre Of Louisville Inc Louisville, KY | $21,191,144 | $5,821,422 |
Studio Theatre Inc Washington, DC | $29,626,352 | $6,176,456 |
Barter Foundation Incorporated State Theatre Of Virginia Abingdon, VA | $10,953,876 | $6,208,012 |
The Everyman Theatre Incorporated Baltimore, MD | $14,728,446 | $4,835,696 |
American Shakespeare Center Staunton, VA | $2,626,073 | $2,087,317 |