Tacoma Arts Live
- Assets
- $3.2m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 188
- Location
- Tacoma, WA
- Founding
- 04/1979
- Data as of
- 06/2021
- EIN
- 91-1106878
Organization Overview
Tacoma Arts Live is located in Tacoma, WA. The organization was established in 1979. 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 06/2021, Tacoma Arts Live employed 188 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tacoma Arts Live 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 06/2021, Tacoma Arts Live generated $3.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $3.0m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (7.1%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE TACOMA ARTS LIVE IS TO ENERGIZE COMMUNITY THROUGH LIVE PERFORMANCE, ITS VISION IS A SOUTH SOUND COMMUNITY THAT CELEBRATES ALL CULTURES AND ENJOYS SHARED PROSPERITY. DEVELOPMENT OF YOUTH IS A MAIN PROGRAM ELEMENT THROUGH A WHOLE-CHILD LENS WITH EMPHASIS ON SOCIAL-EMOTIONAL LEARNING AND CIVIL RIGHTS EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH ALL PROGRAMS AND PARTNERS, TACOMA ARTS LIVE SERVED APPROXIMATELY 122,907 PATRONS IN ITS FISCAL YEAR 2020-21 SEASON. THIS INCLUDES 9,336 FROM SERVICES PROVIDED BY TACOMA ARTS LIVE DIRECTLY, COMPRISED OF LIVE PERFORMANCES AND EVENTS (2,318) AND EDUCATION THROUGH THE ARTS PROGRAMS (7,018). OUR EDUCATION THROUGH THE ARTS PROGRAMS DELIVERED TO 8 PUBLIC SCHOOL DISTRICTS, 5 PRIVATE SCHOOLS/INDEPENDENT SCHOOLS/COMMUNITY PARTNERS, AS WELL AS HOSTING COMMUNITY ENGAGEMENT DIALOGUES SERVING THE SOUTH SOUND REGION OF WASHINGTON STATE. TACOMA ARTS LIVE ENABLES EIGHT TACOMA RESIDENT ARTS ORGANIZATIONS PLUS OTHER CIVIC AND OUTDOOR EVENTS, WHO COLLECTIVELY SERVED 113,571 IN VARIOUS VENUES. THIS SEASON'S NUMBERS REFLECT A REDUCTION IN SERVICES DUE TO THE GLOBAL PANDEMIC RESTRICTING IN-PERSON, LIVE EVENTS.
THROUGH ALL PROGRAMS AND PARTNERS, TACOMA ARTS LIVE SERVED APPROXIMATELY 122,907 PATRONS IN ITS FISCAL YEAR 2020-21 SEASON. THIS INCLUDES 9,336 FROM SERVICES PROVIDED BY TACOMA ARTS LIVE DIRECTLY, COMPRISED OF LIVE PERFORMANCES AND EVENTS (2,318) AND EDUCATION THROUGH THE ARTS PROGRAMS (7,018). OUR EDUCATION THROUGH THE ARTS PROGRAMS DELIVERED TO 8 PUBLIC SCHOOL DISTRICTS, 5 PRIVATE SCHOOLS/INDEPENDENT SCHOOLS/COMMUNITY PARTNERS, AS WELL AS HOSTING COMMUNITY ENGAGEMENT DIALOGUES SERVING THE SOUTH SOUND REGION OF WASHINGTON STATE. TACOMA ARTS LIVE ENABLES EIGHT TACOMA RESIDENT ARTS ORGANIZATIONS PLUS OTHER CIVIC AND OUTDOOR EVENTS, WHO COLLECTIVELY SERVED 113,571 IN VARIOUS VENUES. THIS SEASON'S NUMBERS REFLECT A REDUCTION IN SERVICES DUE TO THE GLOBAL PANDEMIC RESTRICTING IN-PERSON, LIVE EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Fischer Executive Director | Officer | 40 | $227,766 |
Robyn Engleking Finance Director | Officer | 40 | $115,761 |
Mark Pinto Past President | OfficerTrustee | 2 | $0 |
Mike Hutchinson Treasurer | OfficerTrustee | 2 | $0 |
Clint Johnson President | OfficerTrustee | 2 | $0 |
Jon Bowser Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $20,967 |
| Related organizations | $0 |
| Government grants | $189,860 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,320,546 |
| Noncash contributions included in lines 1a–1f | $4,397 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,531,373 |
| Total Program Service Revenue | $957,673 |
| Investment income | $17,314 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$26,846 |
| Net Income from Fundraising Events | -$20,951 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$1,762 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,456,801 |
| 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. | $369,027 |
| Compensation of current officers, directors, key employees. | $46,969 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,409,718 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $197,820 |
| Payroll taxes | $218,120 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,196 |
| Fees for services: Accounting | $49,722 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $118,360 |
| Advertising and promotion | $54,198 |
| Office expenses | $188,602 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,911 |
| Travel | $3,054 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,403 |
| Interest | $49,723 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $98,522 |
| Insurance | $31,030 |
| All other expenses | $0 |
| Total functional expenses | $2,998,482 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,238,376 |
| Savings and temporary cash investments | $169,049 |
| Pledges and grants receivable | $391,322 |
| Accounts receivable, net | $125,811 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,077 |
| Prepaid expenses and deferred charges | $104,286 |
| Net Land, buildings, and equipment | $433,644 |
| Investments—publicly traded securities | $724,975 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,194,540 |
| Accounts payable and accrued expenses | $324,137 |
| Grants payable | $0 |
| Deferred revenue | $782,424 |
| 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 | $1,181,363 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,287,924 |
| Net assets without donor restrictions | $148,598 |
| Net assets with donor restrictions | $758,018 |
| 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 | $3,194,540 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Tacoma Arts Live has recieved totaling $102,273.
| Awarding Organization | Amount |
|---|---|
Greater Tacoma Community Foundation Tacoma, WA PURPOSE: OPERATING SUPPORT, PROGRAM SUPPORT | $70,173 |
Gottfried & Mary Fuchs Foundation Phoenix, AZ PURPOSE: CHARITABLE | $15,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $6,100 |
William Kilworth Charitable Trust Brooklyn, OH PURPOSE: GENERAL OPERATING | $5,000 |
Umpqua Bank Charitable Foundation Portland, OR PURPOSE: TACOMA ARTS LIVE CIVIL RIGHTS LEGACY TOUR | $4,000 |
Florence B Kilworth Charitable Trust 40-10-420-0161820 Phoenix, AZ PURPOSE: CHARITABLE | $1,000 |
Endowment Analysis
| Beg. Balance | $586,768 |
| Earnings | $162,310 |
| Other Expense | $24,103 |
| Ending Balance | $724,975 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Taproot Theatre Seattle, WA | $7,891,610 | $2,609,460 |