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Nonprofiteer
← ADVENTURE THEATRE INC

Form 990 for tax year 2022

Filed by ADVENTURE THEATRE INC.

Totals

Total revenue
$1,152,338
Total expenses
$1,648,067
Contributions and grants received
$710,773
Grants paid
$0
Program service revenue
$441,565
Investment income
$0
Other revenue
$0
Total assets, end of year
$1,791,902
Total liabilities, end of year
$1,188,973
Net assets or fund balances, end of year
$602,929
Program services expenses (Part IX)
$1,015,631
Management and general expenses
$584,166
Fundraising expenses
$48,270
Program service expenses (Part III)
$1,015,631

Program services were 61.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $686,502

  • 1f · All other contributions, gifts and grants

    $24,271

  • 2a · Program service revenue: TUITION

    total $360,380 · related or exempt $360,380

  • 2b · Program service revenue: TICKETS

    total $66,013 · related or exempt $66,013

  • 2c · Program service revenue: OTHER PROGRAM SERVICE

    total $15,172 · related or exempt $15,172

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $653,115 · program services $445,943 · management and general $200,036 · fundraising $7,136

  • 9 · Other employee benefits

    total $20,511 · program services $14,005 · management and general $6,282 · fundraising $224

  • 10 · Payroll taxes

    total $56,506 · program services $38,583 · management and general $17,306 · fundraising $617

  • 11b · Fees: legal

    total $2,540 · management and general $2,540

  • 11c · Fees: accounting

    total $56,069 · management and general $56,069

  • 11g · Fees: other

    total $114,699 · program services $70,959 · management and general $29,835 · fundraising $13,905

  • 13 · Office expenses

    total $88,364 · program services $40,419 · management and general $44,026 · fundraising $3,919

  • 19 · Conferences, conventions and meetings

    total $10,062 · program services $2,396 · management and general $7,666

  • 20 · Interest

    total $5,495 · management and general $5,495

  • 22 · Depreciation, depletion and amortization

    total $131,581 · management and general $131,581

  • 23 · Insurance

    total $42,684 · management and general $42,684

  • 24a · Other expenses: FACILITIES

    total $366,620 · program services $358,897 · management and general $7,723

  • 24b · Other expenses: PROGRAM EXPENSES

    total $38,454 · program services $32,332 · management and general $1,244 · fundraising $4,878

  • 24c · Other expenses: STAFF DEVELOPMENT

    total $34,541 · program services $12,097 · management and general $16,303 · fundraising $6,141

  • 24d · Other expenses: BANK AND CREDIT CARD FEES

    total $15,376 · management and general $15,376

  • 24e · All other expenses

    total $11,450 · fundraising $11,450

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,076,703 · end of year $685,176

  • 3 · Pledges and grants receivable

    beginning of year $236,605

  • 4 · Accounts receivable

    beginning of year $14,667 · end of year $14,852

  • 9 · Prepaid expenses and deferred charges

    beginning of year $29,307 · end of year $19,615

  • 10a · Land, buildings and equipment: cost or other basis

    $1,499,374

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,324,996

  • 10c · Land, buildings and equipment, net

    beginning of year $305,958 · end of year $174,378

  • 15 · Other assets

    beginning of year $1,093,148 · end of year $897,881

  • 17 · Accounts payable and accrued expenses

    beginning of year $70,221 · end of year $31,846

  • 19 · Deferred revenue

    beginning of year $304,972 · end of year $45,836

  • 24 · Unsecured notes and loans payable

    beginning of year $209,800 · end of year $199,800

  • 25 · Other liabilities

    beginning of year $1,072,737 · end of year $911,491

  • 27 · Net assets without donor restrictions

    beginning of year $1,098,658 · end of year $602,929

Mission and programs · 2022

Mission

ADVENTURE THEATRE MTC EDUCATES AND INSPIRES NEW GENERATIONS OF THEATER ARTISTS AND AUDIENCES WITH EXCEPTIONAL THEATRICAL EXPERIENCES. IT IS THE PRE-EMINENT MUSICAL THEATER ACADEMY FOR YOUTH IN THE DC REGION WITH AN INTEGRATED AND NATIONALLY RENOWNED PROFESSIONAL THEATER FOR FAMILY AUDIENCES.

Activities or mission (Part I)

ADVENTURE THEATRE EDUCATES AND INSPIRES NEW GENERATIONS OF THEATER ARTISTS AND AUDIENCES WITH EXCEPTIONAL THEATRICAL EXPERIENCES. IT IS THE PRE- EMINENT MUSICAL THEATER ACADEMY FOR YOUTH IN THE DC REGION WITH AN INTEGRATED AND NATIONALLY RENOWNED PROFESSIONAL THEATER FOR FAMILY AUDIENCES.

  • THEATRICAL - PRODUCING 5 PROFESSIONAL THEATRICAL PRODUCTIONS IN THE THEATRE FOR YOUNG AUDIENCE CANNON WITH OVER 40,000 ATTENDEES ANNUALLY. PRODUCING 2 STUDENT PRODUCTIONS ANNUALLY ALLOWING STUDENTS TO GAIN TECHNICAL TRAINING IN OUR ACADEMY AND THEN PUT IT TO USE IN PRODUCTION.

    Expenses $677,668

  • EDUCATIONAL PROVIDE THEATRICAL EDUCATIONAL CLASSES IN MUSIC, DANCE, ACTING, AND CREATIVE DRAMA AS WELL AS WORKSHOPS AND PERFORMANCES FOR OVER 40,000 STUDENTS AND SPECTATORS ANNUALLY.

    Expenses $337,963

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Sherry Beamer

    SECRETARY

    Total calculated
    $0
    Hours/week
    4

  • Teresa Giral

    BOARD VICE C

    Total calculated
    $0
    Hours/week
    2

  • Mitchell Herman

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    3

  • Iris Houston

    BOARD TREASU

    Total calculated
    $0
    Hours/week
    2

  • Joshua Mindlin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Chelle Parsky

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • Keith Parsky

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    4

  • Thomas Squire

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • Albert Thompson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Melynda Burdette Wintrol

    EXECUTIVE DI

    Total calculated
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
12 February 2024
IRS schema version
2022v5.0
Source object
202410679349300916

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