Theater Schmeater
Nonprofit profile at a glance
- EIN
- 911575262
- IRS 990-EZ coverage
- 2010–2016
- Forms available
- Form 990-EZ 2016
- Location
- Seattle, WA, USA
- Phone
- 2063245801
- Rating
- 94
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
Reported finances
- Revenue
- $125,370
- Expenses
- $135,660
- Assets
- $201,993
- Liabilities
- $10,540
Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- BOB SEPULVEDA (PRESIDENT)
- JILL SNYDER MARR (VICE PRESIDENT)
People named in this filing
- BOB SEPULVEDA (PRESIDENT)
- ANGELA BATISTE (TREASURER)
- RAELENE PLANT (SECRETARY)
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 2016. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To produce great plays simply and foster a love of theater as an art form in future audiences.
What it reported doing in 2016
In 2016 theater schmeater produced and presented 15 different pieces of performance art (included: 6 late night shows, 1 park show, and 1 rental), benefiting 2,679 audience members. Local artists' work is now displayed on gallery walls and included in city artwalks.
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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 100
- Sustainability: 42
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 97.2%; rating input score 97
- Program expense ratio: 89.8%; rating input score 90
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -8.2%; rating input score 16; 16th percentile among comparable filings
- Total-asset coverage ratio: 1.49; rating input score 75; 75th percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 40; 40th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings
Growth
- Program expense growth: 9.6% per year; rating input score 100; 61st percentile among comparable filings
- Revenue growth: 5.9% per year; rating input score 100; 54th percentile among comparable filings
- Asset growth: 32.4% per year; rating input score 100; 87th percentile among comparable filings
Details
- Where the money goes: 97.2% of revenue deployed · 89.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $122K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 4 filed schedules
- Filing history: 7 filing years from 2010 to 2016
- Contacts: How to reach this organization
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Operating margin scored 16/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 40/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.