Educational Theatre Association Foundation

Nonprofit profile at a glance

EIN
311436571
IRS 990 coverage
2017–2024
Forms available
Form 990 2024
Location
Cincinatti, OH, USA
Phone
5134213900
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$390,151
Expenses
$866,593
Assets
$1,338,036
Liabilities
$152,992

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

Leadership & pay

26 people listed

Executive titles in this filing

  • JENNIFER KATONA (EXECUTIVE DIRECTOR)

Highest reported compensation

  • JENNIFER KATONA (EXECUTIVE DIRECTOR): $344,416 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 foundation (etf) is the philanthropic arm of the educational theatre association (edta). Since its inception in 2017, etf has been dedicated to broadening representation and increasing access to educational theatre. Etf programs support students, educators, and the field at large by focusing on three strategic goals: enhancing diversity, equity, and inclusion; providing scholarships and grants; and offering professional development opportunities for theatre educators. Etf aims to inspire theatre educators to transform lives through the power of theatre.

What it reported doing in 2024

Program grants - the jumpstart theatre program is a three-year initiative designed to create sustainable musical theatre programs in underserved middle schools. In collaboration with the educational theatre foundation, music theatre international, itheatrics, and broadway media, the program provides schools with training, materials, and support to produce their first full-scale musical production. The goal is to engage students in all aspects of theatre, build school and community interest in the arts, and provide a scalable model for schools lacking theatre programs. In 2024, jumpstart theatre launched version 2.0, increasing touchpoints with collaborating and cultural partners, increasing visits by teaching artists to each school, and aligning the three-year program structure across participating schools with our five current cultural partners.

Operating model

Revenue model
Donor-supported. 88% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 86% of its reported program spending out as grants.

The verdict

SUPPORTED - 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 some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 74
  • Accountability: 79
  • Sustainability: 23
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 76.3%; rating input score 76
  • Fundraising efficiency: $2.36 raised per $1 spent on fundraising; rating input score 11; 11th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 22nd 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: 88.7%; rating input score 89; 51st percentile among comparable filings
  • 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: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -122.1%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 1.54; rating input score 52; 52nd percentile among comparable filings
  • Liabilities to assets ratio: 0.11; rating input score 25; 25th percentile among comparable filings
  • Officer compensation ratio: 1.9%; rating input score 35; 35th percentile among comparable filings

Growth

  • Program expense growth: 6.8% per year; rating input score 100; 60th percentile among comparable filings
  • Revenue growth: -10.2% per year; rating input score 0; 6th percentile among comparable filings
  • Asset growth: 8.9% per year; rating input score 100; 62nd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 76.3% of spending went to programs
  • Governance: 25 of 25 board members independent · 4 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $661K in reported program spending
  • Leadership: top reported pay $344K · 26 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 22 of 23 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 7 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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.

  • High — Financial Efficiency: Fundraising efficiency scored 11/100.
  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • High — Sustainability: Operating margin scored 2/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 52/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 25/100.
  • Moderate — Sustainability: Officer compensation ratio scored 35/100.