Tacoma Little Theatre & Drama League
- Assets
- $1.2m
- Revenue
- $996.0k
- Investments
- $0.0
- Employees
- 16
- Location
- Tacoma, WA
- Founding
- 04/1938
- Data as of
- 06/2022
- 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 06/2022, Tacoma Little Theatre & Drama League employed 16 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 06/2022, Tacoma Little Theatre & Drama League generated $996.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $752.5k during the year ending 06/2022. While expenses have increased by 12.2% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TACOMA LITTLE THEATRE ENRICHES THE COMMUNITY THROUGH ALL TYPES OF QUALITY, LIVE THEATRE EXPERIENCES.
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 | $60,120 | |
Jenny Hubbard President | OfficerTrustee | 1.5 | $0 |
Aya Clark Secretary | OfficerTrustee | 1.5 | $0 |
Micheal O'hara Treasurer | OfficerTrustee | 1 | $0 |
Jeanette Sanchez-Izenman Vice President | OfficerTrustee | 1 | $0 |
Eric Clausell PHD Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $403,885 |
| All other contributions, gifts, grants, and similar amounts not included above | $168,625 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $572,510 |
| Total Program Service Revenue | $408,815 |
| Investment income | $76 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $14,643 |
| 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 | $996,044 |
| 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. | $57,414 |
| Compensation of current officers, directors, key employees. | $5,167 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $233,567 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $24,104 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $16,833 |
| Office expenses | $44,978 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $49,629 |
| Travel | $9,522 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $14,046 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $29,122 |
| Insurance | $12,691 |
| All other expenses | $21,008 |
| Total functional expenses | $752,519 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $464,504 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $407 |
| 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 | $732,448 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,197,359 |
| Accounts payable and accrued expenses | $5,677 |
| Grants payable | $0 |
| Deferred revenue | $52,255 |
| 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 | $405,753 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $463,685 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $733,674 |
| 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 | $1,197,359 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Tacoma Little Theatre & Drama League has recieved totaling $40,357.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $20,000 |
The Seattle Foundation Seattle, WA PURPOSE: TO PROVIDE SUPPORT PER THE 2021 GRANT PROPOSAL | $8,000 |
Gottfried & Mary Fuchs Foundation Phoenix, AZ PURPOSE: CHARITABLE | $8,000 |
Florence B Kilworth Charitable Trust 40-10-420-0161820 Phoenix, AZ PURPOSE: CHARITABLE | $4,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $357 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
5th Avenue Theatre Association Seattle, WA | $19,781,467 | $22,661,308 |
Oregon Shakespeare Festival Association Ashland, OR | $57,188,884 | $18,740,778 |
Seattle Repertory Theatre Seattle, WA | $11,018,492 | $11,241,562 |
Village Theatre Issaquah, WA | $23,494,101 | $8,767,180 |
A Contemporary Theatre Inc Seattle, WA | $4,152,223 | $6,596,754 |
Portland Center Stage Portland, OR | $4,466,227 | $5,640,293 |
Tacoma Arts Live Tacoma, WA | $3,194,540 | $3,456,801 |
Artists Repertory Theatre Portland, OR | $14,727,144 | $2,680,665 |
Idaho Shakespeare Festival Inc Boise, ID | $8,329,786 | $2,964,259 |
Music For Life Institute Bellingham, WA | $1,486,118 | $1,674,576 |
Tower Theatre Foundation Inc Bend, OR | $3,447,410 | $2,473,687 |
Lakewood Theatre Company Lake Oswego, OR | $5,470,972 | $2,767,462 |