Admiral Theatre Foundation

Organization Overview

Admiral Theatre Foundation is located in Bremerton, WA. The organization was established in 1995. 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 08/2021, Admiral Theatre Foundation employed 68 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Admiral Theatre Foundation 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 08/2020, Admiral Theatre Foundation generated $2.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $2.1m during the year ending 08/2020. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

RENOVATION, OPERATION, AND MAINTENANCE OF THE ADMIRAL THEATRE

Describe the Organization's Program Activity:

Part 3 - Line 4a

PRODUCTION OF THEATRICAL PERFORMANCES FOR KITSAP COMMUNITY TO COME TOGETHER FOR ENTERTAINMENT AND APPRECIATION OF THE PERFORMING ARTS


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$1,115,451
Investment income $38,682
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$2,489
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 $2,302,492

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Admiral Theatre Foundation has recieved totaling $220,669.

Awarding OrganizationAmount
Morgan Stanley Global Impact Funding Trust Inc

Indianapolis, IN

PURPOSE: UNRESTRICTED GENERAL SUPPORT

$100,000
Hanson Family Foundation

Bellevue, WA

PURPOSE: FOR GENERAL OPERATING SUPPORT

$100,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: ARTS, CULTURE & HUMANITIES

$20,000
Jp Morgan Chase Foundation

New York, NY

PURPOSE: GENERAL OPERATING SUPPORT

$500
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$169
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$786,910
Earnings$346,265
Net Contributions$250,000
Ending Balance$1,383,175

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