Adventure Theatre Inc

Organization Overview

Adventure Theatre Inc is located in Glen Echo, MD. The organization was established in 1964. 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 08/2023, Adventure Theatre Inc employed 80 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adventure 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 08/2023, Adventure Theatre Inc generated $1.2m 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 (8.7%) each year. All expenses for the organization totaled $1.6m during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (5.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

ADVENTURE THEATRE EDUCATES AND INSPIRES NEW GENERATIONS OF THEATER ARTISTS AND AUDIENCES WITH EXCEPTIONAL THEATRICAL EXPERIENCES. IT IS THE PRE- EMINENT MUSICAL THEATER ACADEMY FOR YOUTH IN THE DC REGION WITH AN INTEGRATED AND NATIONALLY RENOWNED PROFESSIONAL THEATER FOR FAMILY AUDIENCES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THEATRICAL - PRODUCING 5 PROFESSIONAL THEATRICAL PRODUCTIONS IN THE THEATRE FOR YOUNG AUDIENCE CANNON WITH OVER 40,000 ATTENDEES ANNUALLY. PRODUCING 2 STUDENT PRODUCTIONS ANNUALLY ALLOWING STUDENTS TO GAIN TECHNICAL TRAINING IN OUR ACADEMY AND THEN PUT IT TO USE IN PRODUCTION.


EDUCATIONAL PROVIDE THEATRICAL EDUCATIONAL CLASSES IN MUSIC, DANCE, ACTING, AND CREATIVE DRAMA AS WELL AS WORKSHOPS AND PERFORMANCES FOR OVER 40,000 STUDENTS AND SPECTATORS ANNUALLY.


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Board, Officers & Key Employees

Name (title)Compensation
Sherry Beamer
Secretary
$0
Teresa Giral
Board Vice C
$0
Mitchell Herman
Board Chair
$0
Iris Houston
Board Treasu
$0
Joshua Mindlin
Board Member
$0
Chelle Parsky
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $686,502
All other contributions, gifts, grants, and similar amounts not included above$24,271
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$710,773
Total Program Service Revenue$441,565
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 $1,152,338

Peer Organizations

Organization NameAssets
Shakespeare Theatre
Washington, DC
$15,190,951
Ford S Theatre Society
Washington, DC
$14,208,834
Washington Drama Society Inc
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$10,908,563
Walnut Street Theatre Corp
Philadelphia, PA
$14,927,015
Signature Theatre Inc
Arlington, VA
$12,899,399
Olney Theatre Corporation
Olney, MD
$9,983,104
Round House Theatre Inc
Bethesda, MD
$6,762,870
Pittsburgh Public Theater Corporation
Pittsburgh, PA
$6,045,496
Peoples Light & Theatre Co
Malvern, PA
$4,355,938
Barter Foundation Incorporated State Theatre Of Virginia
Abingdon, VA
$6,922,676
Woolly Mammoth Theatre Co
Washington, DC
$5,005,816
Studio Theatre Inc
Washington, DC
$6,377,584
Center Stage Associates Inc
Baltimore, MD
$10,294,538
The Everyman Theatre Incorporated
Baltimore, MD
$5,996,131
Arden Theatre Company
Philadelphia, PA
$5,643,157
Delaware Theatre Company
Wilmington, DE
$5,789,502
Virginia Repertory Theatre
Richmond, VA
$6,466,908
Wilma Theater Inc
Philadelphia, PA
$2,896,514
Philadelphia Theatre Company
Philadelphia, PA
$2,951,902
Virginia Stage Company
Norfolk, VA
$3,015,223
City Theatre Company Inc
Pittsburgh, PA
$3,931,324
Bristol Riverside Theater Co Inc
Bristol, PA
$4,673,466
Society Hill Playhouse Center For The Performing Arts Inc
Philadelphia, PA
-$3,636
Mosaic Theater Company Of Dc
Washington, DC
$2,886,446
American Shakespeare Center
Staunton, VA
$2,087,317

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