Redmond, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE REDMOND ACADEMY OF THEATRE ARTS, founded in 2012, is a small nonprofit in the Arts, Culture & Humanities sector that reported $790K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $744K left a modest 6% surplus.
To allow children an opportunity to experience the joy of theater through drama, music and dance, and present theatrical productions that will educate as well as illuminate the students and our community at large. The organization also provides an affordable space for community theater performances.
Conducted summer programming camps as well as school year dance/acting/singing classes through the school year. Attendance included over 500 students.
Performed over 8 productions with youth talent for the community (approx 10 showings of each production) through the year.
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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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $789,932 | $692,365 | +0.1% |
| Expenses | $743,843 | $670,745 | +0.1% |
| Net Income | $46,089 | $21,620 | +1.1% |
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 |
|---|---|---|---|---|---|---|
| Kelly Willis | Artistic Director | 50 |
Key Emp
Highest
|
$58,959 | $0 | $58,959 |
| Melissa Davis | President | 5 |
Officer
|
$0 | $0 | $0 |
| Christine Lee | Treasurer | 5 |
Officer
|
$0 | $0 | $0 |
| Kala Kannan | Secretary | 5 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $789,932 | $743,843 | $186,337 | $46,089 |
| 2023 | $692,365 | $670,745 | $194,148 | $21,620 |
| 2022 | $516,534 | $552,751 | $119,154 | $-36,217 |
| 2021 | $369,352 | $385,330 | $155,371 | $-15,978 |
| 2020 | $244,564 | $282,014 | $146,730 | $-37,450 |
Compare THE REDMOND ACADEMY OF THEATRE ARTS with other nonprofits in Washington and across the country.