OLNEY THEATRE CORPORATION INC

EIN: 521149571 501(c)(3) Arts, Culture & Humanities

OLNEY, MD

Total Revenue
$13,926,296
Total Expenses
$8,736,246
Total Assets
$30,590,757
Net Assets
$27,470,196
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
MD
Principal Officer
DEBORAH ELLINGHAUS
Phone
3019244485
Tax Period
2023-08-01 to 2024-07-31

OLNEY THEATRE CORPORATION INC, founded in 1979, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $13.9M in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $5.2M, a strong 37% operating margin.

Mission

THE CORPORATION PRODUCES AND PRESENTS THEATRICAL PRODUCTIONS FOR THE PUBLIC AND LEADS A ROBUST EDUCATION AND COMMUNITY ENGAGEMENT PROGRAM.

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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 $9,717,378
Program Service Revenue $3,764,522
Investment Income $150,865
Other Revenue $293,531
TOTAL REVENUE $13,926,296

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,407,236
Fundraising Expenses $435,199
Program Expenses $6,059,930
Other Expenses $3,329,010
TOTAL EXPENSES $8,736,246

Year-over-Year Comparison

2023 2022 Change
Revenue $13,926,296 $11,901,548 +0.2%
Expenses $8,736,246 $8,175,710 +0.1%
Net Income $5,190,050 $3,725,838 +0.4%
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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Governance

Voting Members
30
Independent Members
28
Employees
331
Volunteers
270

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
8
$414,301
Total Directors
30
$414,301
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
J LOEWITH ARTISTIC DIRECTOR 40.00
Officer Director
$205,676 $15,049 $220,725
D ELLINGHAUS EXECUTIVE DIRECTOR 40.00
Officer Director
$181,166 $12,410 $193,576
S AMES BOARD MEMBER 1.00
Director
$0 $0 $0
B AUDENA BOARD MEMBER 1.00
Director
$0 $0 $0
B CHAPPEL BOARD MEMBER 1.00
Director
$0 $0 $0
H DLHOPOLSKY BOARD MEMBER 1.00
Director
$0 $0 $0
S FINKELSTEIN BOARD MEMBER 1.00
Director
$0 $0 $0
M GILL BOARD MEMBER 1.00
Director
$0 $0 $0
S GLASSMAN BOARD MEMBER 1.00
Director
$0 $0 $0
N HORNE BOARD MEMBER 1.00
Director
$0 $0 $0
C JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
S KLEIN BOARD MEMBER 1.00
Director
$0 $0 $0
C LEGGETT BOARD MEMBER 1.00
Director
$0 $0 $0
J MANGER BOARD MEMBER 1.00
Director
$0 $0 $0
K PLOOKSAWASDI BOARD MEMBER 1.00
Director
$0 $0 $0
T SENKER BOARD MEMBER 1.00
Director
$0 $0 $0
C TERRY BOARD MEMBER 1.00
Director
$0 $0 $0
T TOLEDO BOARD MEMBER 1.00
Director
$0 $0 $0
A URCIOLO BOARD MEMBER 1.00
Director
$0 $0 $0
I WHITE BOARD MEMBER 1.00
Director
$0 $0 $0
E WILEY BOARD MEMBER 1.00
Director
$0 $0 $0
B WOLF BOARD MEMBER 1.00
Director
$0 $0 $0
L YODER BOARD MEMBER 1.00
Director
$0 $0 $0
T ZUTIC BOARD MEMBER 1.00
Director
$0 $0 $0
L ROSENZWEIG BOARD CHAIR 1.00
Officer Director
$0 $0 $0
G BRADFORD VICE CHAIR 1.00
Officer Director
$0 $0 $0
J ROSE VICE CHAIR 1.00
Officer Director
$0 $0 $0
S SCHUPAK VICE CHAIR 1.00
Officer Director
$0 $0 $0
B FLEISHMAN SECRETARY 1.00
Officer Director
$0 $0 $0
M HABERMAN TREASURER 1.00
Officer 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
2024 $13,926,296 $8,736,246 $30,590,757 $5,190,050
2023 $11,901,548 $8,175,710 $24,228,068 $3,725,838
2022 $9,983,104 $8,187,661 $19,570,202 $1,795,443
2021 $13,681,034 $3,305,599 $18,540,996 $10,375,435
2020 $9,998,135 $6,695,763 $8,408,116 $3,302,372
2019 $11,438,190 $7,533,942 $5,492,183 $3,904,248
2018 $7,701,120 $7,174,191 $2,725,288 $526,929
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