Teentix
- Assets
- $332.7k
- Revenue
- $372.7k
- Investments
- $0.0
- Employees
- 12
- Location
- Seattle, WA
- Founding
- 06/2017
- Data as of
- 12/2022
- EIN
- 81-2736337
Organization Overview
Teentix is located in Seattle, WA. The organization was established in 2017. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Teentix employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Teentix 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, Teentix generated $372.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 16.9% each year . All expenses for the organization totaled $357.2k during the year ending 12/2022. While expenses have increased by 10.7% per year over the past 5 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TEENTIX EXISTS TO BREAK DOWN THE BARRIERS THAT PREVENT TEENS FROM ACCESSING ART IN OUR COMMUNITY, SUCH AS TICKET OR ADMISSION COST, NOT KNOWING WHERE TO LOOK FOR EVENTS, NAVIGATING TRANSPORTATION AROUND THE CITY, AND FEELING INSECURE AROUND ARTS-GOING IF THERE'S NO ONE IN THEIR LIVES ALREADY CHAMPIONING THE ARTS.
Describe the Organization's Program Activity:
TEENTIX PRESS CORPS: THE PRESS CORPS PROMOTES CRITICAL THINKING, COMMUNICATION, AND INFORMATION LITERACY THROUGH ARTS CRITICISM AND JOURNALISM PRACTICE FOR TEENS. SINCE 2006, SOME OF THE CITY'S MOST TALENTED PROFESSIONAL ARTS CRITICS FROM THE SEATTLE TIMES, THE STRANGER, SEATTLE GLOBALIST AND MORE HAVE TAUGHT OVER 550 TEENS THROUGH WORKSHOPS AND INTENSIVES FOCUSED ON ARTS CRITICISM TRAINING, RESULTING IN OVER 450 REVIEWS OF ARTS AND CULTURE EVENTS THAT LIVE ON THE TEENTIX BLOG. IN 2015, WE PUT THE PRESS CORPS ON HIATUS AND WORKED WITH TASK FORCE OF COMMUNITY MEMBERS TO ADDRESS SOME OF THE PROGRAM'S ONGOING CHALLENGES, INCLUDING LACK OF SIGNIFICANT RACIAL AND SOCIO-ECONOMIC DIVERSITY AMONGST PROGRAM PARTICIPANTS AND STAFFING CHALLENGES. THE PRESS CORPS RELAUNCHED IN SPRING OF 2018. OUR UPDATED PRESS CORPS IS DESIGNED TO INCLUDE RACIAL EQUITY AND SOCIAL JUSTICE PRIORITIES AND HAS AN EXPLICIT GOAL OF DISRUPTING SYSTEMS OF OPPRESSION WITHIN ARTS MEDIA THAT HAVE KEPT MARGINALIZED VOICES OUT OF ARTS JOURNALISM.
TEENTIX PASS PROGRAM: ANY TEENAGER (13-19 YEARS OLD) CAN SIGN UP FOR A FREE TEENTIX PASS. THE PASS ENTITLES TEENS TO PURCHASE $5 DAY-OF-SHOW TICKETS AT ANY OF OUR 75 PARTNER ORGANIZATIONS IN SEATTLE (69) AND TACOMA (6). SINCE 2004, OVER 60,000 TEENS FROM ALL OVER THE WORLD HAVE SIGNED UP FOR A TEENTIX PASS, PURCHASING MORE THAN 118,000 AFFORDABLE TICKETS TO ARTS AND CULTURAL EVENTS IN OUR COMMUNITY. ED VOICES OUT OF ARTS JOURNALISM.
THE NEW GUARD: TEEN ARTS LEADERSHIP SOCIETY TRAINS TEENS TO BECOME THE NEXT GENERATION OF ARTS LEADERS. NEW GUARDIANS CONNECT WITH FELLOW TEEN ARTS-GOERS TO EXPLORE THE ARTS AND CULTURE IN OUR COMMUNITY AND LEARN FROM THE PEOPLE WHO MAKE IT HAPPEN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ariel Glassman President | OfficerTrustee | 1 | $0 |
Thomas Van Doren Vice President | OfficerTrustee | 1 | $0 |
Cyrus Despres Treasurer | OfficerTrustee | 1 | $0 |
Erica Gomez Secretary | OfficerTrustee | 1 | $0 |
Holly Arsenault Director | Trustee | 1 | $0 |
Karen Bystrom Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $43,598 |
| Related organizations | $0 |
| Government grants | $93,957 |
| All other contributions, gifts, grants, and similar amounts not included above | $222,149 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $359,704 |
| Total Program Service Revenue | $23,025 |
| Investment income | $2 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$12,130 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $372,701 |
| 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. | $103,728 |
| Compensation of current officers, directors, key employees. | $40,579 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $100,565 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,111 |
| Payroll taxes | $18,395 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,282 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $56,513 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $33,063 |
| Advertising and promotion | $10,204 |
| Office expenses | $8,261 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,193 |
| Travel | $1,612 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,572 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,069 |
| All other expenses | $0 |
| Total functional expenses | $357,227 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $180,922 |
| Savings and temporary cash investments | $20,003 |
| Pledges and grants receivable | $5,076 |
| Accounts receivable, net | $126,704 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $332,705 |
| Accounts payable and accrued expenses | $6,270 |
| 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 | $194,644 |
| Other liabilities | $0 |
| Total liabilities | $200,914 |
| Net assets without donor restrictions | $128,791 |
| Net assets with donor restrictions | $3,000 |
| 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 | $332,705 |