BT STUDIOS INC

EIN: 471890997 501(c)(3) Arts, Culture & Humanities

SAN ANGELO, TX

Total Revenue
$114,533
Total Expenses
$142,838
Total Assets
$3,289
Net Assets
$2,485
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2014
Principal Officer
MIKE BURNETT
Phone
3256555348
Tax Period
2023-07-01 to 2024-06-30

BT STUDIOS INC, founded in 2014, is a small nonprofit in the Arts, Culture & Humanities sector that reported $115K in total revenue in fiscal year 2023. Revenue surged 32% from the prior year, signaling strong growth momentum. Expenses of $143K exceeded revenue, resulting in a 25% operating deficit.

Mission

BE THEATRE PROVIDES AN ENRICHING ENVIRONMENT OF ENTERTAINMENT AND EDUCATION THAT DEVELOPS THE ARTIST AND PATRONS IN MIND AND SPIRIT. THE PRIMARY FOCUS OF EDUCATION IS THE PROCESS RATHER THAN THE PRODUCT. THROUGH THE PROCESS OF THEATRE ARTS, VALUABLE LIFE LESSONS ARE LEARNED SUCH AS TOLERANCE, COMMUNICATION, PROBLEM-SOLVING SKILLS, COOPERATION, RESPECT FOR ONE'S SELF AND OTHERS, HUMILITY, AND COMPASSION. THROUGH PERFORMANCE AND THE CREATIVE SPIRIT, ARTISTS ARE ENCOURAGED TO MAINTAIN AN OPEN MIND, SPEAK FROM THE HEART AND SHARE TALENTS THAT WILL INSPIRE THE COMMUNITY AND SELF.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $45,642
Program Service Revenue $71,634
Investment Income $-2,743
Other Revenue $0
TOTAL REVENUE $114,533

Expense Breakdown

Grants Paid $0
Salaries & Benefits $45,602
Fundraising Expenses $0
Program Expenses $142,838
Other Expenses $97,236
TOTAL EXPENSES $142,838

Year-over-Year Comparison

2023 2022 Change
Revenue $114,533 $86,952 +0.3%
Expenses $142,838 $125,534 +0.1%
Net Income $-28,305 $-38,582 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
13
Independent Members
13
Employees
2
Volunteers
75

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
4
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELENA ALEXANDER KENT DIRECTOR 1.00
Director
$0 $0 $0
AMI MIZELL-FLINT DIRECTOR 2.00
Director
$0 $0 $0
JACOB ALLGOOD CPA TREASURER 3.00
Officer
$0 $0 $0
JOHN FLINT DIRECTOR 1.00
Director
$0 $0 $0
KEN ROBERTS DIRECTOR 2.00
Director
$0 $0 $0
MIKE BURNETT PRESIDENT 6.00
Officer
$0 $0 $0
KARYN KUNIYUKI SECRETARY 3.00
Officer
$0 $0 $0
NOLAN SOSA VICE PRESIDE 3.00
Officer
$0 $0 $0
DR ERIN ASHWORTH-KING DIRECTOR 2.00
Director
$0 $0 $0
TRINA DELGADO DIRECTOR 2.00
Director
$0 $0 $0
CHARLOTTE LEWIS DIRECTOR 2.00
Director
$0 $0 $0
NICK ELLIS DIRECTOR 2.00
Director
$0 $0 $0
SARAH NEGOVETICH DIRECTOR 2.00
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 $114,533 $142,838 $3,289 $-28,305
2023 $86,952 $125,534 $33,192 $-38,582
2022 $155,446 $125,042 $70,772 $30,404
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