Totals
- Total revenue
- $1,292,016
- Total expenses
- $1,288,490
- Contributions and grants received
- $894,507
- Grants paid
- $0
- Program service revenue
- $344,271
- Investment income
- $1,469
- Other revenue
- $51,769
- Total assets, end of year
- $3,659,120
- Total liabilities, end of year
- $3,905,999
- Net assets or fund balances, end of year
- -$246,879
- Program services expenses (Part IX)
- $1,017,135
- Management and general expenses
- $235,371
- Fundraising expenses
- $35,984
- Program service expenses (Part III)
- $1,017,135
Program services were 78.9% 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.
-
1c · Fundraising events
$33,924
-
1e · Government grants (contributions)
$97,046
-
1f · All other contributions, gifts and grants
$763,537
-
2a · Program service revenue: TICKET SALES
total $344,271 · related or exempt $344,271
-
3 · Investment income
total $1,469 · excluded $1,469
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6a · Gross rents
real property $26,940
-
6c · Rental income or loss
real property $26,940
-
6d · Net rental income or loss
total $26,940 · related or exempt $26,940
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$211
-
8a · Fundraising events: contributions included on line 1c
$33,924
-
8b · Fundraising events: direct expenses
$211
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: OTHER INCOME
total $24,829 · related or exempt $24,829
-
11e · Other revenue, total
$24,829
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $115,000 · program services $103,500 · management and general $10,350 · fundraising $1,150
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $428,059 · program services $276,825 · management and general $117,244 · fundraising $33,990
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $56,187 · program services $42,140 · management and general $14,047
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $20,799 · management and general $20,799
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $4,114 · program services $1,562 · management and general $2,552
-
13 · Office expenses
total $17,749 · program services $2,349 · management and general $15,400
-
14 · Information technology
total $20,714 · program services $18,643 · management and general $2,071
-
15 · Royalties
total $23,891 · program services $23,891
-
16 · Occupancy
total $231,364 · program services $208,228 · management and general $23,136
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $38,594 · program services $34,735 · management and general $3,859
-
23 · Insurance
total $52,478 · program services $36,333 · management and general $16,145
-
24a · Other expenses: PRODUCTIONS
total $233,678 · program services $233,678
-
24b · Other expenses: CREDIT CARD FEES
total $22,893 · program services $13,285 · management and general $9,608
-
24c · Other expenses: concessions
total $22,126 · program services $21,966 · management and general $160
-
24d · Other expenses: FUNDRAISING EVENT COSTS
total $844 · fundraising $844
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,906 · end of year $11,225
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $5,388
-
4 · Accounts receivable
beginning of year $1,640 · end of year $4,195
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $21,239 · end of year $29,092
-
10a · Land, buildings and equipment: cost or other basis
$2,204,924
-
10b · Land, buildings and equipment: accumulated depreciation
$2,150,838
-
10c · Land, buildings and equipment, net
beginning of year $92,340 · end of year $54,086
-
11 · Investments: publicly traded securities
beginning of year $33,541 · end of year $36,742
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $3,557,374 · end of year $3,518,392
-
17 · Accounts payable and accrued expenses
beginning of year $104,361 · end of year $64,931
-
19 · Deferred revenue
beginning of year $58,945 · end of year $18,940
-
24 · Unsecured notes and loans payable
beginning of year $181,986 · end of year $154,856
-
25 · Other liabilities
beginning of year $3,630,122 · end of year $3,667,272
-
27 · Net assets without donor restrictions
beginning of year -$1,067,025 · end of year -$1,050,443
-
28 · Net assets with donor restrictions
beginning of year $799,651 · end of year $803,564
Mission and programs · 2023
Mission
We are an intimate stage for everyone. Playwrights will invent, artists will risk, and audiences will be immersed in new and familiar plays they can see from all sides. Feel emboldened, entertained and intrigued rediscover and reach for T3.
-
PRODUCTIONS ARE OUR PRIMARY PROGRAMMING AND MAKE UP A MAJORITY OF OUR EXPENSES. THEATRE THREE IS ALSO DEVOTED TO PROMOTING THE TEACHING AND STUDY OF THEATRE.
Expenses $1,017,135 · Revenue $344,271
As filed on the 2023 return.
Listed in Part VII
-
Jeffrey SchmidtJEFFREY SCHMIDT
ARTISTIC DIR.
- Total calculated
- $65,000
- From this org
- $65,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
KATHERINE EDWARDS-thru 525
MANAGING DIR.
- Total calculated
- $50,000
- From this org
- $50,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Suzanne BurkheadSUZANNE BURKHEAD
MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Jon CollinsJON COLLINS
MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
David LutherDAVID LUTHER
Secretary
- Total calculated
- $0
- Hours/week
- 10
-
Brad BrownBRAD BROWN
Chairman
- Total calculated
- $0
- Hours/week
- 10
-
Mia GlogauMIA GLOGAU
MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Harrison HerndonHARRISON HERNDON
MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Rosa Medina-CristobalROSA MEDINA-CRISTOBAL
MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Jessica Turner-WaughJESSICA TURNER-WAUGH
MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Scott WilliamsSCOTT WILLIAMS
MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Merri Brewer-From 625MERRI BREWER-FROM 625
MANAGING DIR.
- 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
- 2023
- Filed
- 5 June 2025
- IRS schema version
- 2023v6.0
- Source object
- 202521569349300932
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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