Children's Theatre of Annapolis Inc

Nonprofit profile at a glance

EIN
237003491
IRS 990 coverage
2017–2024
Forms available
Form 990 2024
Location
Annapolis, MD, USA
Phone
4107572281
Rating
74
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Theater

Official website

Reported finances

Revenue
$537,307
Expenses
$542,390
Assets
$1,591,889
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

17 people listed

Executive titles in this filing

  • APRIL FORRER (PART YEAR EXECUTIVE DIRECTOR)
  • JASON KIMMELL (PART YEAR EXECUTIVE DIRECTOR)
  • AMY SCHROPP (PART YEAR EXECUTIVE DIRECTOR)
  • MICHELLE BRUNO (PRESIDENT)
  • ASHLEY GILBERT (VICE PRESIDENT)

Highest reported compensation

  • APRIL FORRER (PART YEAR EXECUTIVE DIRECTOR): $53,450 total reported compensation
  • JASON KIMMELL (PART YEAR EXECUTIVE DIRECTOR): $51,196 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Childrens theatre of annapolis is a community based, non-profit organization, dedicated to nuturing the growth and development of children ages 5-18, through participation in all aspects of the theatre.

What it reported doing in 2024

34 educational workshops are provided yearly for children ages 8-18. Attendance was 507. A theatre production workshop is offered multiple times throughout the year to teach participants the process of producing a staged perofrmance, both on stage and behind the scenes.

Operating model

Revenue model
Earned-program. 66% of the money available for current operations came from fees and other program revenue.
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 most voting board members are independent. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 55
  • Transparency & Controls: 100
  • Accountability: 74
  • Sustainability: 50
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 61.2%; rating input score 61
  • Program expense ratio: 62.1%; rating input score 62
  • Fundraising efficiency: $1.83 raised per $1 spent on fundraising; rating input score 5; 5th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -0.9%; rating input score 33; 33rd percentile among comparable filings
  • Total-asset coverage ratio: 2.93; rating input score 75; 75th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
  • Officer compensation ratio: 19.3%; rating input score 16; 16th percentile among comparable filings

Growth

  • Program expense growth: 11.6% per year; rating input score 100; 68th percentile among comparable filings
  • Revenue growth: 9.6% per year; rating input score 100; 65th percentile among comparable filings
  • Asset growth: 3.1% per year; rating input score 100; 30th percentile among comparable filings

Details

  • Where the money goes: 61.2% of revenue deployed · 62.1% of spending went to programs
  • Governance: 12 of 12 board members independent · 3 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $337K in reported program spending
  • Leadership: top reported pay $53K · 17 people listed
  • Consistency: 25 of 25 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 8 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

  • Moderate — Accountability: Governance controls: 5 of 8 not reported.
  • High — Financial Efficiency: Fundraising efficiency scored 5/100.
  • Moderate — Sustainability: Operating margin scored 33/100.
  • High — Sustainability: Officer compensation ratio scored 16/100.