Art Factory Houston Inc

What it reported doing in 2024

Live Performances of Established Plays and Musicals for the Public and Community -Art Factory maintains a deliberately intimate space to connect Houston theatre patrons to art in a fearless, face-to-face manner. Each moment spent in the Art Factory immerses Houston theatre-goers in a full artistic experience, and binds spectators to their humanity, allowing art to unite our community. -The core of Art Factory's productions is its re-staging and re-envisioning of existing works of theatre, giving Houston audiences a brand new theatrical experience. We strive to hold firmly to the nostalgia and familiarity of existing musicals by maintaining their integrity, while creating inventive aesthetics for each piece. In 2023, we produced six large scale musicals; Pippin, 9 to 5 The Musical, Hair, The Great American Trailer Park Musical, Reefer Madness the Musical, and Into the Woods. These productions included a highly conceptualized productions created volunteer opportunities for local actors, who gave their time and talent for the community and only accepted a small stipend to cover the expense to travel to rehearsals and performances. This show had a large group of volunteer actors, technicians, stage management, crew, ushers, and other opportunities for people in our community to get involved with a theatrical experience being created for the community. We worked with over 100 volunteers to bring these productions to life, and each show had nine performances open to the public. over 1,000 patrons attended our productions, including many who were able to attend the event for under $15 dollars due to our allocation of a certain amount of tickets for low income individuals. Program expenses included purchases of costumes, props, wigs, makeup, lighting and sound equipment, and other things necessary to put the productions together. Additionally, purchases were made for building supplies including cleaning supplies, water and beverages we provided at no cost to volunteers and attendees, and wood to construct the sets. These productions are both licensed shows that require the purchase of rights; each show varies in cost, but rights and royalties to obtain a license to perform the show typically range between $2500-$4000 for a theater of our size. Final additional expenditures include online advertising, craft services for our volunteers and patrons, and purchased tracks which serve as the musical score for each production.

Financial Efficiency

• Mission deployment rate: 46.2%; rating input score 46
• Program expense ratio: 45.8%; rating input score 46

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100

Sustainability

• Operating margin: -0.8%; rating input score 31; 31st percentile among comparable filings
• Total-asset coverage ratio: 0.02; rating input score 5; 5th percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

• Program expense growth: 12.1% per year; rating input score 100; 65th percentile among comparable filings
• Revenue growth: 8.2% per year; rating input score 100; 61st percentile among comparable filings
• Asset growth: 16.1% per year; rating input score 100; 75th percentile among comparable filings