Theater Ensemble Arts Inc
- Assets
- $256.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Farmington, NM
- Founding
- 09/1997
- Data as of
- 08/2022
- EIN
- 74-2822793
Organization Overview
Theater Ensemble Arts Inc is located in Farmington, NM. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Theater Ensemble Arts 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, Theater Ensemble Arts Inc generated $23.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $23.9k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
3 REGULAR SHOWS AND ANCILLIARY PERFORMANCES. THIS YEAR THE ONLY SHOW WAS AN OUTDOOR PERFORMANCE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ben Burns Director | 1 | $0 | |
Joey Herring Vice President Director | 5 | $0 | |
Chuck Holmes President Director | 5 | $0 | |
Lela Holmes Director | 1 | $0 | |
Michelle Holmes Director | 1 | $0 | |
Christopher Spinner Secretary | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,631 |
| Total Program Service Revenue | $9,188 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $512 |
| Other Revenue | $0 |
| Total Revenue | $23,332 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $100 |
| Occupancy, rent, utilities, and maintenance | $9,540 |
| Printing, publications, postage, and shipping | $967 |
| Other expenses | $13,296 |
| Total expenses | $23,903 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,665 |
| Other assets | $0 |
| Total assets | $256,456 |
| Total liabilities | $0 |
| Net assets or fund balances | $256,456 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Theater Ensemble Arts Inc has recieved totaling $49.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $49 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Austin Theatre Alliance Austin, TX | $11,051,816 | $12,251,946 |
Phoenix Theatre Inc Phoenix, AZ | $21,212,066 | $8,604,934 |
Arizona Theatre Company Tucson, AZ | $5,166,004 | $10,001,507 |
Dallas Theater Center Dallas, TX | $4,686,048 | $4,047,540 |
Theatre Under The Stars Inc Houston, TX | $18,210,122 | $4,859,811 |
Rialto Theatre Foundation Tucson, AZ | $5,053,009 | $7,645,173 |
Zachary Scott Theater Center Austin, TX | $13,760,280 | $6,657,993 |
A D Players Houston, TX | $31,582,319 | $3,073,769 |
Theatre Aspen Aspen, CO | $2,636,414 | $3,832,324 |
Creative Action Austin, TX | $3,479,965 | $2,986,946 |
Childsplay Inc Tempe, AZ | $2,399,283 | $3,822,737 |
Plano Childrens Theatre Plano, TX | $1,873,883 | $3,548,642 |