Form 990 for tax year 2022
Filed by CHILDRENS THEATRE OF CINCINNATI.
Totals
- Total revenue
- $25,810,639
- Total expenses
- $4,592,539
- Contributions and grants received
- $23,429,348
- Grants paid
- $0
- Program service revenue
- $2,091,031
- Investment income
- $262,052
- Other revenue
- $28,208
- Total assets, end of year
- $38,176,570
- Total liabilities, end of year
- $791,945
- Net assets or fund balances, end of year
- $37,384,625
- Program services expenses (Part IX)
- $3,359,662
- Management and general expenses
- $628,645
- Fundraising expenses
- $604,232
- Program service expenses (Part III)
- $3,359,662
Program services were 73.2% 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.
-
1a · Federated campaigns
$226,353
-
1b · Membership dues
$12,510
-
1e · Government grants (contributions)
$886,306
-
1f · All other contributions, gifts and grants
$22,304,179
-
1g · Noncash contributions included above
$3,300
-
2a · Program service revenue: Performance Income
total $1,653,511 · related or exempt $1,653,511
-
2b · Program service revenue: Academy Income
total $391,937 · related or exempt $391,937
-
2c · Program service revenue: Other program income
total $45,583 · related or exempt $45,583
-
3 · Investment income
total $297,171 · excluded $297,171
-
7a · Gross sales of assets other than inventory
securities $101,500
-
7b · Less cost or other basis and sales expenses
securities $136,619
-
7c · Gain or loss
securities -$35,119
-
7d · Net gain or loss
total -$35,119 · excluded -$35,119
-
8a · Fundraising events: gross income
$23,788
-
8b · Fundraising events: direct expenses
$18,203
-
8c · Net income from fundraising events
total $5,585 · excluded $5,585
-
11a · Other revenue: Other Revenues
total $22,623 · unrelated business $19,238 · excluded $3,385
-
11e · Other revenue, total
$22,623
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $182,470 · program services $36,495 · management and general $54,740 · fundraising $91,235
-
7 · Other salaries and wages
total $1,630,687 · program services $1,348,470 · management and general $122,652 · fundraising $159,565
-
8 · Pension plan contributions
total $23,029 · program services $18,383 · management and general $1,969 · fundraising $2,677
-
9 · Other employee benefits
total $148,547 · program services $117,540 · management and general $13,073 · fundraising $17,934
-
10 · Payroll taxes
total $148,603 · program services $113,874 · management and general $14,408 · fundraising $20,321
-
11b · Fees: legal
total $16,523 · program services $2,008 · management and general $4,331 · fundraising $10,184
-
11c · Fees: accounting
total $59,381 · program services $7,217 · management and general $52,164
-
11d · Fees: lobbying
total $36,000 · management and general $36,000
-
11e · Fees: professional fundraising services
total $120,000 · fundraising $120,000
-
11f · Fees: investment management
total $22,075 · management and general $22,075
-
11g · Fees: other
total $175,427 · program services $40,275 · management and general $14,283 · fundraising $120,869
-
12 · Advertising and promotion
total $154,238 · management and general $151,203 · fundraising $3,035
-
14 · Information technology
total $65,943 · program services $45,505 · management and general $14,717 · fundraising $5,721
-
16 · Occupancy
total $339,935 · program services $307,594 · management and general $29,480 · fundraising $2,861
-
17 · Travel
total $98,217 · program services $67,776 · management and general $21,920 · fundraising $8,521
-
22 · Depreciation, depletion and amortization
total $272,593 · program services $213,141 · management and general $33,293 · fundraising $26,159
-
23 · Insurance
total $27,356 · program services $18,877 · management and general $6,107 · fundraising $2,372
-
24a · Other expenses: Production Costs
total $634,002 · program services $633,955 · fundraising $47
-
24b · Other expenses: Production Labor
total $296,528 · program services $291,263 · management and general $4,765 · fundraising $500
-
24c · Other expenses: Administrative
total $80,956 · program services $55,865 · management and general $18,068 · fundraising $7,023
-
24d · Other expenses: Bank & Credit Service C
total $60,029 · program services $41,424 · management and general $13,397 · fundraising $5,208
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,144,927 · end of year $16,631,206
-
3 · Pledges and grants receivable
beginning of year $1,659,105 · end of year $7,105,062
-
9 · Prepaid expenses and deferred charges
beginning of year $118,337 · end of year $89,310
-
10a · Land, buildings and equipment: cost or other basis
$7,091,413
-
10b · Land, buildings and equipment: accumulated depreciation
$2,235,136
-
10c · Land, buildings and equipment, net
beginning of year $5,104,010 · end of year $4,856,277
-
11 · Investments: publicly traded securities
beginning of year $6,259,681 · end of year $6,656,831
-
14 · Intangible assets
beginning of year $8,000 · end of year $8,000
-
15 · Other assets
beginning of year $1,734,874 · end of year $2,829,884
-
17 · Accounts payable and accrued expenses
beginning of year $253,553 · end of year $162,625
-
19 · Deferred revenue
beginning of year $481,577 · end of year $515,623
-
25 · Other liabilities
beginning of year $0 · end of year $113,697
-
27 · Net assets without donor restrictions
beginning of year $9,634,405 · end of year $11,164,852
-
28 · Net assets with donor restrictions
beginning of year $6,659,399 · end of year $26,219,773
Mission and programs · 2022
Mission
The mission of The Children's Theatre of Cincinnati (TCT) is to educate, entertain and engage audiences of all ages through professional theatrical productions and arts education programming. Our vision is to awaken a lifelong love of theatre in children and the young at heart. Today, The Children's Theatre brings art to life for our audiences through three key programs, TCT MainStage at the Taft Theatre, TCT Academy, and TCT On Tour (including WorkShops). Each season we strive to reach over 200,000 people in our region.
-
TCT MainStage at the Taft Theatre includes daytime performances for school audiences and weekend performances for the public. Four production runs are held each year, with individual shows formatted into one-hour, family-friendly events. For each production, we present seven performances for public audiences and ten performances for school students, reaching almost 103,000 families, children and students annually.
Expenses $2,510,352 · Revenue $1,594,603
-
TCT Academy offers arts training to children in a variety of disciplines including twelve-week class sessions; one-week themed summer camps for introductory arts makers; our audition-based, one-month STAR Intensive summer programs for children with demonstrated talent and interest in the performing arts; and Academy LIVE! training with a culminating performance opportunity. In addition to learning the arts, a primary objective for these programs is to provide students with the necessary tools to become successful adults.
Expenses $679,187 · Revenue $391,937
-
TCT On Tour and WorkShops brings the magic of live theatre directly to those who would otherwise be unable to experience it. We tour five productions each season, serving children of all ages with titles taken from classic literature, fairy tales, history, and other works studied in school curricula. This program reaches an additional 60,000 students annually. TCT On Tour productions are educational and entertaining, as well as affordable, for schools and other venues across the board geographic spectrum of Ohio, Kentucky, Indiana and beyond.
Expenses $170,123 · Revenue $104,491
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Owen Wrassman
Trustee
- Total calculated
- $0
- Hours/week
- 0.24
-
Greg Adams
Chairman
- Total calculated
- $0
- Hours/week
- 0.64
-
Danielle Wilson
Vice Chairman
- Total calculated
- $0
- Hours/week
- 0.1
-
Lisa Reinhard
Vice Chairman
- Total calculated
- $0
- Hours/week
- 0.28
-
Charlie Schiff
Vice Chairman
- Total calculated
- $0
- Hours/week
- 0.46
-
Allison Kropp
Secretary
- Total calculated
- $0
- Hours/week
- 1.08
-
David Crowley
Treasurer
- Total calculated
- $0
- Hours/week
- 0.44
-
Jeanette Altenau
Trustee
- Total calculated
- $0
- Hours/week
- 0.2
-
Darcie D'Acenzo
Trustee
- Total calculated
- $0
- Hours/week
- 0.14
-
Melinda Davis
Trustee
- Total calculated
- $0
- Hours/week
- 0.28
-
Abby Dougherty
Trustee
- Total calculated
- $0
- Hours/week
- 0.25
-
Dan Driehaus
Trustee
- Total calculated
- $0
- Hours/week
- 0.1
-
Libby Galvin Brock
Trustee
- Total calculated
- $0
- Hours/week
- 0.41
-
Molly Garber
Trustee
- Total calculated
- $0
- Hours/week
- 0.36
-
Paul Griscom
Trustee
- Total calculated
- $0
- Hours/week
- 0.22
-
Peter Horton
Trustee
- Total calculated
- $0
- Hours/week
- 0.93
-
Rajan Kamath
Trustee
- Total calculated
- $0
- Hours/week
- 0.2
-
Leanne Langdon
Trustee
- Total calculated
- $0
- Hours/week
- 0.12
-
Kick Lee
Trustee
- Total calculated
- $0
- Hours/week
- 0.08
-
Skip Merten
Trustee
- Total calculated
- $0
- Hours/week
- 0.21
-
Ryan Messer
Trustee
- Total calculated
- $0
- Hours/week
- 0.02
-
Avani Modi
Trustee
- Total calculated
- $0
- Hours/week
- 0.17
-
Meg Nelson
Trustee
- Total calculated
- $0
- Hours/week
- 0.12
-
Robin Sheakley
Trustee
- Total calculated
- $0
- Hours/week
- 0.27
-
Kathy Sias
Trustee
- Total calculated
- $0
- Hours/week
- 0.16
-
Andrew Simon
Trustee
- Total calculated
- $0
- Hours/week
- 0.22
-
Jennifer Spieser
Trustee
- Total calculated
- $0
- Hours/week
- 0.11
-
Scott Stubbins
Trustee
- Total calculated
- $0
- Hours/week
- 0.29
-
Adam Uihlein
Trustee
- Total calculated
- $0
- Hours/week
- 0.14
-
Peter Brown
Trustee
- Total calculated
- $0
- Hours/week
- 0.2
-
Sarah Anne Campbell
Trustee
- Total calculated
- $0
- Hours/week
- 0.14
-
Maris Croswell
Trustee
- Total calculated
- $0
- Hours/week
- 0.03
-
Katherine Jarnigo
Trustee
- Total calculated
- $0
- Hours/week
- 0.16
-
Bethany Smith
Trustee
- Total calculated
- $0
- Hours/week
- 0.29
-
Diana Victoriano
Trustee
- Total calculated
- $0
- Hours/week
- 0.03
-
Kim Kern
Managing Director & CEO
- Total calculated
- $182,471
- From this org
- $174,618
- From related orgs
- $0
- Other
- $7,853
- Hours/week
- 37
Schedule J breakdown matched by us
- Base
- $139,618
- Bonus
- $35,000
- Other
- $0
- Deferred
- $1,300
- Nontaxable benefits
- $6,553
- Filer's total
- $182,471
-
Roderick Justice
Artistic Director
- Total calculated
- $135,417
- From this org
- $126,245
- From related orgs
- $0
- Other
- $9,172
- Hours/week
- 37
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 29 January 2024
- IRS schema version
- 2022v5.0
- Source object
- 202400789349300710
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