Tacoma Musical Playhouse
- Assets
- $6.5m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 18
- Location
- Tacoma, WA
- Founding
- 04/1994
- Data as of
- 08/2023
- EIN
- 94-3198670
Organization Overview
Tacoma Musical Playhouse is located in Tacoma, WA. The organization was established in 1994. 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 08/2023, Tacoma Musical Playhouse employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tacoma Musical Playhouse 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 08/2023, Tacoma Musical Playhouse 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 6.0% each year. All expenses for the organization totaled $1.7m during the year ending 08/2023. While expenses have increased by 3.9% per year over the past 6 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
INSPIRING AND ENRICHING THE LIVES OF OUR DIVERSE COMMUNITY THROUGH MUSICAL THEATER.
Describe the Organization's Program Activity:
YEAR-ROUND PRESENTATION OF MUSICAL THEATER PRODUCTIONS.
YEAR-ROUND PROGRAMS FOR YOUTH AND SENIOR THEATER EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jon Douglas Rake Artistic Dir | Trustee | 40 | $211,381 |
Jeffrey Stvrtecky Business Manager | 40 | $162,974 | |
Carl Borg Director | Trustee | 1 | $0 |
Tony Maiura President | OfficerTrustee | 1 | $0 |
Jill Rosenthal MD Director | Trustee | 1 | $0 |
Jeff Ganung Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $238,750 |
| All other contributions, gifts, grants, and similar amounts not included above | $471,058 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $709,808 |
| Total Program Service Revenue | $1,414,038 |
| Investment income | $56,730 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $55,097 |
| 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 | $46,101 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,287,294 |
| 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. | $246,041 |
| Compensation of current officers, directors, key employees. | $133,251 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $184,959 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $49,623 |
| Payroll taxes | $50,753 |
| 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 | $0 |
| Office expenses | $87,960 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $76,297 |
| 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 | $115,525 |
| Insurance | $29,239 |
| All other expenses | $66,800 |
| Total functional expenses | $1,687,323 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $115,864 |
| Savings and temporary cash investments | $2,691,314 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $208,506 |
| 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 | $177,307 |
| Net Land, buildings, and equipment | $3,305,793 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $531 |
| Total assets | $6,499,315 |
| Accounts payable and accrued expenses | $98,441 |
| Grants payable | $0 |
| Deferred revenue | $565,398 |
| 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 | $2,000,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,240 |
| Total liabilities | $2,670,079 |
| Net assets without donor restrictions | $3,814,257 |
| Net assets with donor restrictions | $14,979 |
| 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 | $6,499,315 |