Educational Theatre Company
- Assets
- $246.5k
- Revenue
- $322.0k
- Investments
- $0.0
- Employees
- 35
- Location
- Arlington, VA
- Founding
- 05/1999
- Data as of
- 12/2021
- EIN
- 52-2081464
Organization Overview
Educational Theatre Company is located in Arlington, VA. The organization was established in 1999. 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 12/2021, Educational Theatre Company employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Educational 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 12/2021, Educational Theatre Company generated $322.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $250.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 7 years. 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
ETC'S MISSION IS TO UNLOCK THE POTENTIAL OF CHILDREN AND ADULTS THROUGH IMMERSION IN THEATRE ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ETC RUNS SPRING BREAK AND SUMMER CAMPS IN ARLINGTON, VA AND FALLS CHURCH, VA. THE CAMPS COVER SHAKESPEARE, MUSICAL REVUE, CREATIVE DRAMA, FILM MAKING, COMEDY, ETC. THE CAMPS ARE DESIGNED FOR AGES 3-18.
ETC PROVIDES AFTER SCHOOL ARTS EDUCATION CLASSES IN PARTNERSHIP WITH SCHOOLS AND OTHER COMMUNITY ORGANIZATIONS. THESE CLASSES COVER COMEDY, IMPROVISATION, CREATIVE DRAMA, ETC.
ETC MAIN STAGE PRODUCES ORIGINAL MUSICALS AND PLAYS IN PARTNERSHIP WITH LOCAL SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ashley Hammond Managing Director | Officer | 40 | $51,219 |
Stan Kang Executive Director | Officer | 12 | $14,326 |
Brian Smith Board Chair | Trustee | 3 | $0 |
Liz Albro Board Secretary | Trustee | 1 | $0 |
Rob Albro Vice Chair (1/2 Yr); Treasurer (1/2 Yr) | Trustee | 1 | $0 |
Tara Claeys Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,653 |
| Related organizations | $0 |
| Government grants | $30,068 |
| All other contributions, gifts, grants, and similar amounts not included above | $100,170 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $131,891 |
| Total Program Service Revenue | $190,046 |
| Investment income | $51 |
| 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 | $321,988 |
| 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. | $180,464 |
| Compensation of current officers, directors, key employees. | $70,160 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $300 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,805 |
| Payroll taxes | $22,595 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,815 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $788 |
| Office expenses | $2,653 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,843 |
| Travel | $254 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $794 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $34 |
| Insurance | $4,661 |
| All other expenses | $0 |
| Total functional expenses | $250,568 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $199,049 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,235 |
| 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 | $34,303 |
| Net Land, buildings, and equipment | $870 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $246,457 |
| Accounts payable and accrued expenses | $1,214 |
| 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 | $64,053 |
| Total liabilities | $65,267 |
| Net assets without donor restrictions | $181,190 |
| 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 | $246,457 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Educational Theatre Company has recieved totaling $62,960.
| Awarding Organization | Amount |
|---|---|
Washington Forrest Foundation Arlington, VA PURPOSE: THEATRE PROGRAMMING FOR SCHOOLS IN SOUTH ARLINGTON | $25,000 |
United Way Of The National Capital Area Vienna, VA PURPOSE: DESIGNATED AND/OR GRANTED IN SUPPORT OF AGENCY PROGRAMS | $15,227 |
The Community Foundation For Northern Virginia Inc Oakton, VA PURPOSE: ARTS EDUCATION/ SCHOOLS | $11,000 |
Aron Family Foundation Chevy Chase, MD PURPOSE: OPERATING PURPOSES | $10,000 |
Porter Family Charitable Foundation Inc Washngton, DC PURPOSE: GENERAL OPERATING SUPPORT | $1,000 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Washington Drama Society Inc Washington, DC | $146,547,458 | $18,030,478 |
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 |