Educational Theatre Association

Nonprofit profile at a glance

EIN
310743605
IRS 990 coverage
2017–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Cincinatti, OH, USA
Phone
5134213900
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Professional Societies, Associations

Official website

Reported finances

Revenue
$7,406,429
Expenses
$8,148,422
Assets
$5,899,819
Liabilities
$2,583,975

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

Leadership & pay

15 people listed

Executive titles in this filing

  • JENNIFER KATONA (EXECUTIVE DIRECTOR)
  • KRISTA CARSON ELHAI (PRESIDENT)
  • RICHARD FRAZIER (VICE-PRESIDENT)
  • HELEN DURANLEAU-BRENNAN (PAST PRESIDENT THRU 6/30/24)

Highest reported compensation

  • JENNIFER KATONA (EXECUTIVE DIRECTOR): $344,416 total reported compensation
  • ALLISON DOLAN (CHIEF CONTENT OFFICER): $187,227 total reported compensation
  • SHERI DUCKER (CHIEF FINANCIAL OFFICER): $177,389 total reported compensation

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

Overview

Mission

The educational theatre association is a 501c3 non-profit whose mission is to inspire and support theatre educators to deliver equitable, transformative learning experiences for all. We do this by investing in the individual and collective growth and excellence of theatre educators, amplifying the value of educational theatre, and creating dynamic student experiences that drive lifelong engagement.

What it reported doing in 2024

International thespians festival - the international thespian festival (itf) is the premier event for members of the international thespian society (its). The itf is held annually to celebrate outstanding student achievements in theatre and provide a platform for young thespians to showcase their talents on a national stage. Itf is attended annually by over 5,000 students and teachers, who could attend workshops and masterclasses led by expert teaching artists, participate in backstage challenges, view their peers in over 45 productions, compete in the thespy's program and engage in panels with broadway and theatre industry professionals. The festival offers valuable experience to develop skills, earn recognition, audition for colleges and network with theatre professionals.

Operating model

Revenue model
Earned-program. 85% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 98% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 77
  • Accountability: 91
  • Sustainability: 21
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 97.1%; rating input score 97
  • Program expense ratio: 87.7%; rating input score 88
  • Fundraising efficiency: $11.07 raised per $1 spent on fundraising; rating input score 41; 41st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -10%; rating input score 13; 13th percentile among comparable filings
  • Total-asset coverage ratio: 0.72; rating input score 27; 27th percentile among comparable filings
  • Liabilities to assets ratio: 0.44; rating input score 24; 24th percentile among comparable filings
  • Officer compensation ratio: 8.7%; rating input score 34; 34th percentile among comparable filings

Growth

  • Program expense growth: 5.7% per year; rating input score 100; 44th percentile among comparable filings
  • Revenue growth: -0% per year; rating input score 0; 11th percentile among comparable filings
  • Asset growth: 0.9% per year; rating input score 100; 15th percentile among comparable filings

Details

  • Where the money goes: 97.1% of revenue deployed · 87.7% of spending went to programs
  • Governance: 8 of 8 board members independent · 7 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $7.1M in reported program spending
  • Leadership: top reported pay $344K · 15 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 30 of 30 current checks pass
  • Schedules: 6 filed schedules · includes grants and executive pay
  • Filing history: 7 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • 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 — Financial Efficiency: Fundraising efficiency scored 41/100.
  • High — Sustainability: Operating margin scored 13/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 27/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Liabilities to assets ratio scored 24/100.
  • Moderate — Sustainability: Officer compensation ratio scored 34/100.