SARASOTA, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FLORIDA STUDIO THEATRE INC, founded in 1974, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $18.5M in total revenue in fiscal year 2023. Revenue surged 48% from the prior year, signaling strong growth momentum. The organization ran a surplus of $7.6M, a strong 41% operating margin.
FLORIDA STUDIO THEATRE HOLDS THE FOLLOWING MISSION: TO MAKE THEATRE AFFORDABLE AND ACCESSIBLE TO AS MANY PEOPLE AS POSSIBLE; TO PRESENT THEATRE THAT CHALLENGES WITH AS MUCH GUSTO AS IT ENTERTAINS; TO CREATE A PUBLIC FORUM FOR THE ISSUES OF OUR DAY THAT WILL FOSTER POSITIVE CHANGE IN OUR COMMUNITY AND BEYOND; TO OPERATE WITHIN AND FOR THE PUBLIC TRUST.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $18,485,457 | $12,521,529 | +0.5% |
| Expenses | $10,838,842 | $10,959,913 | 0.0% |
| Net Income | $7,646,615 | $1,561,616 | +3.9% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DENNIS MCGILLICUDDY | PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| RICHARD HOPKINS | VICE PRESIDENT | 40.00 |
Officer
Director
|
$140,001 | $89,902 | $229,903 |
| PATRICIA COURTOIS | SECRETARY/TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| GAELE BARTHOLD | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| NEIL COMBER | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| GEORGIA COURT | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| EUAN FANNELL | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| CHERYL GORELICK | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| ROBERT ISRAELOFF | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| CHARLES WILLIAMS | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| DOUG HOLDER | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| REBECCA HOPKINS | COO | 40.00 |
Officer
|
$140,001 | $67,393 | $207,394 |
| SEAN DANIELS | ASSOCIATE DIRECTOR | 40.00 |
Highest
|
$118,409 | $4,238 | $122,647 |
| JAY LOCKABY | MAJOR GIFTS OFFICER | 40.00 |
Highest
|
$101,989 | $3,215 | $105,204 |
| JILL ZAKRZEWSKI | GENERAL MANAGER | 40.00 |
Highest
|
$109,749 | $4,238 | $113,987 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $18,485,457 | $10,838,842 | $65,875,994 | $7,646,615 |
| 2023 | $12,521,529 | $10,959,913 | $53,951,408 | $1,561,616 |
| 2022 | $17,095,702 | $9,411,957 | $50,410,553 | $7,683,745 |
| 2021 | $12,484,936 | $5,279,663 | $46,629,202 | $7,205,273 |
| 2020 | $9,853,127 | $6,908,636 | $37,267,894 | $2,944,491 |
| 2019 | $14,161,967 | $8,318,901 | $33,615,094 | $5,843,066 |
| 2018 | $10,901,940 | $7,516,099 | $27,147,873 | $3,385,841 |
Compare FLORIDA STUDIO THEATRE INC with other nonprofits in Florida and across the country.