Miracle Theatre Group
- Assets
- $1.6m
- Revenue
- $615.9k
- Investments
- $0.0
- Employees
- 40
- Location
- Portland, OR
- Founding
- 04/1986
- Data as of
- 06/2023
- EIN
- 93-0907543
Organization Overview
Miracle Theatre Group is located in Portland, OR. The organization was established in 1986. 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 06/2023, Miracle Theatre Group employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Miracle Theatre Group 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 06/2023, Miracle Theatre Group generated $615.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $626.3k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EXTRAORDINARY LATINO THEATRE, CULTURE, AND ARTS EDUCATION EXPERIENCES FOR THE ENRICHMENT OF ALL COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MILAGRO MAINSTAGE PRESENTS A WIDE VARIETY OF ADULT AND FAMILY- ORIENTED, ENGLISH, SPANISH, AND BILINGUAL PRODUCTIONS ON STAGE. NEW WORKS, INCLUDING MANY BY MILAGRO, FILL THE SEASON, ALONG WITH RENOWNED WORKS BY CONTEMPORARY AND CLASSIC PLAYWRIGHTS, AND PERFORMANCES OF MUSIC, DANCE, AND THE SPOKEN WORD.
TOURING AND ARTS EDUCATION PROGRAMS ENGAGE YOUTH IN CULTURALLY APPROPRIATE ACTIVITIES TAUGHT BY LATINO ARTISTS WHO SERVED AS ROLE MODELS FOR POSITIVE DEVELOPMENT. FOR OVER TWO DECADES THEIR PROGRAMS HAVE TOURED REGIONALLY AND ACROSS THE NATION WITH BILINGUAL THEATRE PRODUCTIONS, EDUCATIONAL WORKSHOPS, AND RESIDENCES.
COMMUNITY ARTS PROGRAMS BUILD MUTUALLY BENEFICIAL PARTNERSHIPS THROUGH A VARIETY OF PROJECTS CREATED WITH THE COMMUNITY AT LARGE. IN ORDER TO PROMOTE POSITIVE CHANGE, MILAGRO SHARES IT'S INSTITUTIONAL RESOURCES TO SUPPORT CULTURAL COMPETENCE, NOURISH CREATIVE SKILLS, AND PROMOTE THE NEXT GENERATION OF ART.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Danel Malan Secretary | OfficerTrustee | 40 | $54,538 |
Jose E Gonzalez Executive Di | OfficerTrustee | 40 | $55,538 |
John Cardenas Board Member | Trustee | 1 | $0 |
Clinten Hendricks Board Member | Trustee | 1 | $0 |
Pete Johnson Board Member | Trustee | 1 | $0 |
Jaime Soltero Jr President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $201,379 |
| All other contributions, gifts, grants, and similar amounts not included above | $281,894 |
| Noncash contributions included in lines 1a–1f | $6,978 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $483,273 |
| Total Program Service Revenue | $95,695 |
| Investment income | $6,281 |
| 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 | $615,945 |
| 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. | $126,963 |
| Compensation of current officers, directors, key employees. | $39,954 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $149,773 |
| Pension plan accruals and contributions | $1,726 |
| Other employee benefits | $2,550 |
| Payroll taxes | $25,907 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,065 |
| Advertising and promotion | $6,609 |
| Office expenses | $18,357 |
| Information technology | $4,100 |
| Royalties | $0 |
| Occupancy | $108,362 |
| Travel | $27,296 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,417 |
| Insurance | $3,824 |
| All other expenses | $0 |
| Total functional expenses | $626,252 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $140,542 |
| Savings and temporary cash investments | $452,071 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $137,602 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $41,250 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $17,187 |
| Net Land, buildings, and equipment | $298,035 |
| Investments—publicly traded securities | $325,049 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $231,485 |
| Total assets | $1,643,221 |
| Accounts payable and accrued expenses | $42,280 |
| 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 | $4,624 |
| Total liabilities | $46,904 |
| Net assets without donor restrictions | $1,289,057 |
| Net assets with donor restrictions | $307,260 |
| 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 | $1,643,221 |