Capitol Theatre Committee
- Assets
- $2.7m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 92
- Location
- Yakima, WA
- Founding
- 04/1976
- Data as of
- 06/2024
- EIN
- 91-0939384
Organization Overview
Capitol Theatre Committee is located in Yakima, WA. The organization was established in 1976. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2024, Capitol Theatre Committee employed 92 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Capitol Theatre Committee 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, Capitol Theatre Committee generated $1.8m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $1.7m during the year ending 06/2024. While expenses have increased by 1.2% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
ENRICH THE COMMUNITY'S VITALITY AND QUALITY-OF-LIFE THROUGH PERFORMING ARTS.
Describe the Organization's Program Activity:
PROGRAMS, SERVICES AND PRESENTATIONS THAT ENABLE ACCESS TO, PARTICIPATION IN, AND APPRECIATION OF A VARIETY OF PERFORMING ARTS OPPORTUNITIES THAT REPRESENT AND RESPOND TO THE DESIRES AND DIVERSTIY THAT DEFINE US AS A COMMUNITY.
SUPPORT AND FACILITATION OF EDUCATION UTILIZING THE ARTS AS TOOLS FOR LEARNING IN BOTH TRADITIONAL (PERFORMANCE) AND NON-TRADITIONAL (CLASSROOM) ENVIRONMENTS.
OPERATIONAL AND ARTISTIC MANAGEMENT, PROMOTION, AND MAINTENANCE OF THE CAPITOL THEATRE FACILITIES ON BEHALF OF ITS OWNERS, THE CITY OF YAKIMA, THE CAPITOL THEATRE COMMITTEE IS A VALUES-BASED, NON-PROFIT MANAGEMENT ENTITY THAT FACILITATES THE USE OF AND ACCESS OF THE FACILITIES AS A RESOURCE TO ALL IN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ozzie Park Development Chair | OfficerTrustee | 1 | $0 |
Michael Moen Past-Chair | OfficerTrustee | 1 | $0 |
Julie Rottman Programming Chair | OfficerTrustee | 1 | $0 |
Susie Temple Trustee | Trustee | 1 | $0 |
Bill Dezellem Treasurer | OfficerTrustee | 1 | $0 |
Dana Eliason Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $472,287 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $472,287 |
| Total Program Service Revenue | $1,034,549 |
| Investment income | $78,125 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $239,435 |
| 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 | $1,824,396 |
| 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. | $138,896 |
| Compensation of current officers, directors, key employees. | $64,338 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $452,610 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $38,989 |
| Payroll taxes | $76,772 |
| 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 | $0 |
| Advertising and promotion | $148,746 |
| Office expenses | $52,821 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $11,331 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $46,293 |
| Insurance | $17,623 |
| All other expenses | $159,135 |
| Total functional expenses | $1,741,556 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $116,443 |
| Savings and temporary cash investments | $564,741 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,649 |
| 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 | $31,517 |
| Net Land, buildings, and equipment | $285,568 |
| Investments—publicly traded securities | $1,689,364 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,698,282 |
| Accounts payable and accrued expenses | $42,811 |
| Grants payable | $0 |
| Deferred revenue | $407,453 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $450,264 |
| Net assets without donor restrictions | $2,248,018 |
| Net assets with donor restrictions | $0 |
| 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 | $2,698,282 |