Theater Works
- Assets
- $1.6m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 23
- Location
- Peoria, AZ
- Founding
- 02/1987
- Data as of
- 06/2022
- EIN
- 86-0563315
Organization Overview
Theater Works is located in Peoria, AZ. The organization was established in 1987. 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 06/2023, Theater Works employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Theater Works 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 06/2022, Theater Works generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $923.4k during the year ending 06/2022. 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
THEATER WORKS PROVIDES OPPORTUNITIES FOR CHILDREN, PATRONS, AND ARTISTS TO EXPERIENCE THEATER THAT INSPIRES, ENRICHES, AND ENLIGHTENS THROUGH THE EXPERIENCE OF THE PERFORMING ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE RETURNED TO MAIN STAGE PERFORMANCES WITH RECORD-BREAKING ATTENDANCE. EDUCATIONAL PROGRAMS AND SUMMER CAMPS MADE A RETURN AFTER THE PANDEMIC PAUSE. WE WERE ADDITIONALLY ABLE TO SERVE OUR COMMUNITY WITH FIELD TRIPS AND FREE COMMUNITY PERFORMANCES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Hambry Executive Dir. Since 7/7/22 Artistic Dir. | Officer | 40 | $88,858 |
Catherine V Lenhart Hinkle Executive Director Until 7/72022 | Officer | 40 | $40,856 |
Justin Shaver Chair | OfficerTrustee | 10 | $0 |
Bart Fesperman Immediate Past Chair | OfficerTrustee | 1 | $0 |
Stephanie Brewer Treasurer | OfficerTrustee | 1 | $0 |
Jill Mapstead Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $31,148 |
| Related organizations | $0 |
| Government grants | $681,576 |
| All other contributions, gifts, grants, and similar amounts not included above | $292,378 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,005,102 |
| Total Program Service Revenue | $324,582 |
| Investment income | $123 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,985 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$25,174 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $5,658 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,312,276 |
| 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. | $81,728 |
| Compensation of current officers, directors, key employees. | $33,491 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $371,777 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $16,879 |
| Payroll taxes | $49,249 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $978 |
| Fees for services: Accounting | $29,423 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $118,314 |
| Advertising and promotion | $23,341 |
| Office expenses | $19,232 |
| Information technology | $46,999 |
| Royalties | $0 |
| Occupancy | $31,111 |
| Travel | $4,279 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,607 |
| Interest | $4,546 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,145 |
| Insurance | $18,489 |
| All other expenses | $0 |
| Total functional expenses | $923,352 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,543 |
| Savings and temporary cash investments | $1,002,085 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,794 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $38,906 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $61,591 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $499,643 |
| Total assets | $1,617,562 |
| Accounts payable and accrued expenses | $30,465 |
| Grants payable | $0 |
| Deferred revenue | $62,665 |
| 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 | $157,906 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $10,408 |
| Total liabilities | $261,444 |
| Net assets without donor restrictions | $857,225 |
| Net assets with donor restrictions | $498,893 |
| 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 | $1,617,562 |