THEATRE NETWORK OF TEXAS INC

EIN: 237258333 501(c)(3) Arts, Culture & Humanities

FORT WORTH, TX

Total Revenue
$198,068
Total Expenses
$180,198
Total Assets
$218,716
Net Assets
$188,564
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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
TX
Principal Officer
DENNIS YSLAS
Phone
8172914729
Tax Period
2024-01-01 to 2024-12-31

THEATRE NETWORK OF TEXAS INC, founded in 1972, is a small nonprofit in the Arts, Culture & Humanities sector that reported $198K in total revenue in fiscal year 2024. Expenses of $180K left a modest 9% surplus.

Mission

THE MISSION OF THEATRE NETWORK OF TEXAS, INC. IS TO SERVE AND SUPPORT THEATRES, THEIR CONSTITUENTS AND ADJACENT ORGANIZATIONS THROUGH EDUCATION, NETWORKING, PROMOTING AND CONSULTATION ACTIVITIES WHICH INCLUDE FESTIVALS, INTERNSHIPS AND NEW WORKS NURTURING.

Program Service Accomplishments

Program 1
Expenses: $43,942

OTHER ACTIVITIES WHICH FULFILL THEATRE NETWORK OF TEXAS' MISSION TO SUPPORT AND SERVE ARE: CREATING AND MAINTENANCE OF AN ONLINE LISTING OF TEXAS THEATRES, DEVELOPMENT AND MAINTENANCE OF THE COMPANY...

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OTHER ACTIVITIES WHICH FULFILL THEATRE NETWORK OF TEXAS' MISSION TO SUPPORT AND SERVE ARE: CREATING AND MAINTENANCE OF AN ONLINE LISTING OF TEXAS THEATRES, DEVELOPMENT AND MAINTENANCE OF THE COMPANY WEBSITE, POSTING JOB OPPORTUNITIES, AUDITION, CLASS PERFORMANCE AND OTHER TOPICS OF INTEREST TO THE THEATRICAL COMMUNITY OF TEXAS, DISTRIBUTION OF AN E-NEWSLETTER - THEATRE NEWS IN TEXAS, WHICH HIGHLIGHTS UPCOMING ACTIVITIES, MEMBER BENEFITS AND MEMBER ACCOMPLISHMENTS FROM ACROSS THE STATE THE MANAGEMENT OF A SCRIPT LIBRARY WITH OVER 3,000 TITLES - OFFERING PERUSAL SCRIPTS, FREE OF CHARGE, TO MEMBERS. PARTNERING WITH COMPANIES TO OFFER DISCOUNTS ON SERVICES AND PRODUCTS TO MEMBERS. OFFERING ONSITE AND VIRTUAL ASSISTANCE TO MEMBERS INCLUDING FILING FOR INCORPORATION AND 501C 3 STATUS AND OFFERING TRAINING TO BOARD MEMBERS, ETC.

Program 2
Expenses: $41,162

EDUCATION / NETWORKING / FESTIVALS: TNT HOSTED TEXFEST - AN ANNUAL PERFORMANCE FESTIVAL IN VICTORIA, TX. THIS INCLUDED WORKSHOPS, QUAD MEETINGS, THE YEARLY MEMBERSHIP MEETING AND PERFORMANCES BY 7...

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EDUCATION / NETWORKING / FESTIVALS: TNT HOSTED TEXFEST - AN ANNUAL PERFORMANCE FESTIVAL IN VICTORIA, TX. THIS INCLUDED WORKSHOPS, QUAD MEETINGS, THE YEARLY MEMBERSHIP MEETING AND PERFORMANCES BY 7 COMPANIES FROM ACROSS THE STATE. THE 28TH ANNUAL YOUTH CONFERENCE WAS HELD IN DEER PARK, TX. STUDENTS PARTICIPATED IN WORKSHOPS, SOCIAL EVENTS AND PRESENTED THEIR OWN PRODUCTIONS FOR EVALUATION BY A QUALIFIED THEATRICAL PROFESSIONAL WHO SUGGESTED IMPROVEMENTS AND RECOGNIZED THEIR SUCCESS ON STAGE AND AS A GROUP. 11 COMPANIES FROM ACROSS THE STATE ATTENDED. TNT ALSO HELD ITS 8TH ANNUAL FORT WORTH FRINGE FESTIVAL - WITH ATTENDANCE SURPASSING INITIAL GOALS.

Program 3
Expenses: $5,000

TNT PROVIDED FOUR PAID INTERNSHIPS DURING THE SUMMER OF 2043 THAT WERE FILLED BY STUDENTS WHO MET THE PRE-REQUISITE OF HAVING COMPLETED AT LEAST THEIR SOPHOMORE YEAR OF COLLEGE. TNT ORGANIZATIONAL...

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TNT PROVIDED FOUR PAID INTERNSHIPS DURING THE SUMMER OF 2043 THAT WERE FILLED BY STUDENTS WHO MET THE PRE-REQUISITE OF HAVING COMPLETED AT LEAST THEIR SOPHOMORE YEAR OF COLLEGE. TNT ORGANIZATIONAL MEMBERS APPLIED TO SERVE AS HOSTS FOR THE PROGRAM AND STUDENTS APPLIED TO BE INTERVIEWED. 8 HOST THEATRES WERE CHOSEN FROM MEMBER THEATRES. 10 STUDENT APPLICANTS WERE SELECTED TO ATTEND THE TNT TEXFEST IN VICTORIA, TX AS GUESTS OF TNT AND TO PARTICIPATE IN AN INTERVIEW PROCESS BY THE HOST THEATRES DURING THE THE FESTIVAL. THE SELECTED INTERNS WORKED AT TWO DIFFERENT THEATRES FOR FIVE WEEKS EACH, MAKING THE PROGRAM A TEN WEEK RESIDENCY PER STUDENT. TNT HELD AN ORIENTATION AND DEBRIEFING - BEFORE AND AFTER THE INTERNSHIP, RESPECTIVELY AT THE TNT OFFICES IN FORT WORTH. TNT PAID THE SALARY AND PAYROLL TAXES FOR EACH STUDENT WHILE THE THEATRES PROVIDED HOUSING AND MENTORING. STUDENTS WERE EXPECTED TO EXPERIENCE ALL ASPECTS OF RUNNING A THEATRE, WHICH INCLUDES DESIGNING SETS, COSTUMES OR LIGHTS, TO ATTENDING BOARD MEETINGS, TEACHING CLASSES AND PARTICIPATING IN REHEARSAL, ETC. THE PROGRAM PROVIDES INVALUABLE TRAINING AND CONTACT FOR STUDENTS AND MUCH NEEDED SUMMER ASSISTANCE FOR THE THEATRES.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $118,089
Program Service Revenue $79,979
Investment Income $0
Other Revenue $0
TOTAL REVENUE $198,068

Expense Breakdown

Grants Paid $0
Salaries & Benefits $114,353
Fundraising Expenses $0
Program Expenses $90,104
Other Expenses $65,845
TOTAL EXPENSES $180,198

Year-over-Year Comparison

2024 2023 Change
Revenue $198,068 $186,875 +0.1%
Expenses $180,198 $190,974 -0.1%
Net Income $17,870 $-4,099 -5.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
18
Independent Members
18
Employees
6
Volunteers
200

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DENNIS YSLAS EXECUTIVE DIRECTOR 40.00
$58,665 $0 $58,665
PRESTON ISHAM PROGRAMS MANAGER 40.00
$33,425 $0 $33,425
SUSAN MELE Vice President 3.00
Director
$0 $0 $0
VELMA DE LOS SANTOS Vice President 3.00
Director
$0 $0 $0
C DAVID HILL Director 3.00
Director
$0 $0 $0
MELANIE BRUMIT Secretary 3.00
Director
$0 $0 $0
SUSAN BURGE Director 3.00
Director
$0 $0 $0
MA STERLING Director 3.00
Director
$0 $0 $0
LISA HOLCOMB President 3.00
Director
$0 $0 $0
SARAH CURTIS Treasurer 3.00
Director
$0 $0 $0
HEATHER MAY Director 3.00
Director
$0 $0 $0
MICHAEL TEER Director 3.00
Director
$0 $0 $0
JASON CRESPIN Director 3.00
Director
$0 $0 $0
CHARLOTTE DAMERON Director 3.00
Director
$0 $0 $0
ALICE DUERKSEN Director 3.00
Director
$0 $0 $0
DAVID ECK Director 3.00
Director
$0 $0 $0
RANDY HAM Director 3.00
Director
$0 $0 $0
JOSHUA MAXWELL Director 3.00
Director
$0 $0 $0
AMY GOODYEAR Director 3.00
Director
$0 $0 $0
SARAH TACEY Director 3.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $198,068 $180,198 $218,716 $17,870
2023 $186,875 $190,974 $371,025 $-4,099
2022 $226,172 $151,364 $390,112 $74,808
2021 $143,739 $148,620 $323,229 $-4,881
2020 $188,997 $191,111 $345,154 $-2,114
2019 $273,265 $273,265 $333,983 No data
2018 $250,722 $256,135 $327,631 $-5,413
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