Ballyhoo Theatre
Nonprofit profile at a glance
- EIN
- 471293549
- IRS 990-EZ coverage
- 2023–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2022
- Location
- Edmonds, WA, USA
- Phone
- 4253450991
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Theater
Reported finances
- Revenue
- $127,035
- Expenses
- $113,498
- Assets
- $21,297
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Shileah Corey (Vice President/Treasurer)
- Stephanie Seraphina (President)
People named in this filing
- Shileah Corey (Vice President/Treasurer)
- Nicholas Corey (Board Member)
- Stephanie Seraphina (President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Ballyhoo Theatre's purpose is to enrich, educate and entertain our community by providing a superior theatre experience, to provide education in the theatre arts to children and young adults, and to create a safe and inclusive environment. Ballyhoo Theatre is a queer led organization that serves the LGBTQIA2S+ and Ally community. As part of our production season, we are committed to including diverse queer stories, stories with queer characters, as well as telling traditional stories through a queer lens. We are a space that celebrates and welcomes everyone; queer folks, their allies, and individuals who are searching for a community-based environment to grow and learn in.
What it reported doing in 2025
ArtsFund Grant (unspecified) - Funding for a free-to-the-public performance of the children's musical "Seussical TYA" which reached approximately 1,800 audience members, and included a performance for a Title 1 school. People served: over 1,800. We were able to use the remaining grant amount for operating expenses and rentals for other programs, including our educational programs.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 58
- Transparency & Controls: 82
- Sustainability: 48
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 55%; rating input score 55
- Program expense ratio: 61.6%; rating input score 62
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 10.7%; rating input score 56; 56th percentile among comparable filings
- Total-asset coverage ratio: 0.19; rating input score 18; 18th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 33.6% per year; rating input score 100; 85th percentile among comparable filings
- Revenue growth: 13.1% per year; rating input score 100; 72nd percentile among comparable filings
- Asset growth: 38.4% per year; rating input score 100; 89th percentile among comparable filings
Details
- Where the money goes: 55% of revenue deployed · 61.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $70K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2023 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 55/100.
- High — Sustainability: Total-asset coverage ratio scored 18/100.
- Review — Sustainability: Operating margin scored 56/100.