Seattle Childrens Theatre Foundation
- Assets
- $4.5m
- Revenue
- $87.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 11/1996
- Data as of
- 06/2021
- EIN
- 91-1725552
Organization Overview
Seattle Childrens Theatre Foundation is located in Seattle, WA. The organization was established in 1996. This organization is the central organization for a national or regional group of organizations. Seattle Childrens 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 06/2021, Seattle Childrens Theatre Foundation generated $87.9k 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 (32.3%) each year. All expenses for the organization totaled $243.7k during the year ending 06/2021. 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
SUPPORT SEATTLE CHILDREN'S THEATRE ASSOCIATION PROGRAMMING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCT FOUNDATION'S INSTITUTIONAL EXCELLENCE PROGRAM ENDOWMENT PROVIDES UNRESTRICTED SUPPORT TO MAINTAIN AND INCREASE PRODUCTION VALUES FOR THE MAINSTAGE AND EXPAND OUTREACH IN EDUCATION.
SCT FOUNDATION'S TICKET ACCESS ENDOWMENT MADE IT POSSIBLE FOR STUDENTS TO RECEIVE FREE OR REDUCED PRICE TICKETS TO SCT MAINSTAGE PERFORMANCES. ELIGIBILITY IS DETERMINED BY ELIGIBILITY FOR THE FREE AND REDUCED LUNCH PROGRAMS.
SCT FOUNDATION'S LINDA HARTZELL FUND FOR INCLUSION PROVIDES STRATEGICALLY TARGETED FINANCIAL SUPPORT TO ENABLE SCT TO REACH ALL CHILDREN IN OUR REGION, INCLUDING CHILDREN WHO ARE NOT CURRENTLY ENGAGING WITH SCT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Bendix Treasurer | OfficerTrustee | 1 | $0 |
Kerry Richards Secretary | OfficerTrustee | 1 | $0 |
Mark Sherman President | OfficerTrustee | 1 | $0 |
Mig Schaaf Vice President | OfficerTrustee | 1 | $0 |
Kevin Malgesini Managing Director | Officer | 1 | $0 |
Lesley Fox Director Of Finance | Officer | 2 | $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 | $45,417 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,417 |
| Total Program Service Revenue | $0 |
| Investment income | $42,467 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $87,884 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $203,745 |
| 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. | $5,805 |
| Compensation of current officers, directors, key employees. | $5,805 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,088 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,851 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,000 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $520 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $500 |
| All other expenses | $9 |
| Total functional expenses | $243,699 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $106,177 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $4,342,669 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $36,204 |
| Total assets | $4,485,050 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $38,360 |
| Net assets with donor restrictions | $4,446,690 |
| 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 | $4,485,050 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Seattle Childrens Theatre Foundation has recieved totaling $102,027.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $72,027 |
The Oki Foundation Bellevue, WA PURPOSE: GENERAL OPERATING SUPPORT | $30,000 |
Endowment Analysis
| Beg. Balance | $3,679,419 |
| Earnings | $925,599 |
| Net Contributions | $45,417 |
| Grants | $203,745 |
| Ending Balance | $4,446,690 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Artsfund Foundation Seattle, WA | $32,553,145 | $1,472,883 |
Ferry Family Charitable Foundation Seattle, WA | $12,576,317 | $2,012,520 |
Mcdougal Foundation Inc Springfield, OR | $3,465,557 | $1,676,343 |
Anchorage Concert Foundation Anchorage, AK | $6,263,266 | $305,327 |
Seattle Childrens Theatre Foundation Seattle, WA | $4,485,050 | $87,884 |
Sunnyside Christian Thrift Shop Sunnyside, WA | $194,161 | $259,830 |
Behnke Foundation Seattle, WA | $2,205,309 | $217,715 |
Mary Clara Allison Charitable Trust Portland, OR | $2,961,345 | $127,640 |
Oregon Hospitality Foundation Wilsonville, OR | $582,544 | $126,448 |
Mano A Mano Prescott, WA | $1,263,895 | $144,072 |
Bruce W Gilpin Memorial Foundation University Place, WA | $1,780,698 | $97,085 |
Battelle Energy Alliance Llc Bea Etc Idaho Falls, ID | $214,741 | $0 |