Tacoma Little Theatre & Drama League
- Assets
- $1.4m
- Revenue
- $920.4k
- Investments
- $0.0
- Employees
- 19
- Location
- Tacoma, WA
- Founding
- 04/1938
- Data as of
- 06/2024
- EIN
- 91-0485763
Organization Overview
Tacoma Little Theatre & Drama League is located in Tacoma, WA. The organization was established in 1938. 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 06/2024, Tacoma Little Theatre & Drama League employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tacoma Little Theatre & Drama League 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 06/2024, Tacoma Little Theatre & Drama League generated $920.4k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $928.5k during the year ending 06/2024. While expenses have increased by 11.9% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING LIVE THEATRE AND EDUCATION PROGRAMS THAT INSPIRE THROUGH STORIES REFLECTING THE VIBRANCY OF OUR DIVERSE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TACOMA LITTLE THEATRE IS A COMMUNITY THEATRE SERVING OVER 20,000 PEOPLE THROUGH DRAMATIC AND EDUCATIONAL PROGRAMS WITH OVER 300 VOLUNTEERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Serface Executive Director | 40 | $61,127 | |
Jeanette Sanchez-Izenman President | OfficerTrustee | 1 | $0 |
Russell Campbell Director | Trustee | 1 | $0 |
Maria-Tania Bandes B Weingard Secretary | OfficerTrustee | 1 | $0 |
Aya Clark Director | Trustee | 1 | $0 |
Brenda Ballinger Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $289,660 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $290,660 |
| Total Program Service Revenue | $602,188 |
| Investment income | $12,382 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $15,124 |
| 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 | $920,354 |
| 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. | $69,542 |
| Compensation of current officers, directors, key employees. | $6,259 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $297,703 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $39,273 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,085 |
| Advertising and promotion | $35,937 |
| Office expenses | $35,740 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $79,140 |
| Travel | $4,283 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $10,674 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $35,651 |
| Insurance | $13,466 |
| All other expenses | $15,860 |
| Total functional expenses | $928,500 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $584,751 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $73,997 |
| 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 | $715,656 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,374,404 |
| Accounts payable and accrued expenses | $3,413 |
| Grants payable | $0 |
| Deferred revenue | $121,465 |
| 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 | $350,263 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $475,141 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $899,263 |
| 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 | $1,374,404 |