The Andrew Keegan Theatre Company The Keegan Theatre

EIN: 521828004 501(c)(3) Arts, Culture & Humanities

Washington, DC

Total Revenue
$1,575,656
Total Expenses
$1,503,460
Total Assets
$3,631,712
Net Assets
$2,920,777
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
DC
Principal Officer
Mark A Rhea
Phone
2022653767
Tax Period
2023-08-01 to 2024-07-31

The Andrew Keegan Theatre Company The Keegan Theatre, founded in 1997, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.6M in total revenue in fiscal year 2023. Revenue surged 54% from the prior year, signaling strong growth momentum. Expenses of $1.5M left a modest 5% surplus.

Mission

To take audiences to the vital heart of the theatre experience. Extraordinary artists in an intimate setting exploring the human condition. To foster connections and positive change in our community through vigorous, inclusive, empowering education and outreach.

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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 $902,849
Program Service Revenue $657,925
Investment Income $6,767
Other Revenue $8,115
TOTAL REVENUE $1,575,656

Expense Breakdown

Grants Paid $0
Salaries & Benefits $529,403
Fundraising Expenses $99,100
Program Expenses $1,207,037
Other Expenses $961,276
TOTAL EXPENSES $1,503,460

Year-over-Year Comparison

2023 2022 Change
Revenue $1,575,656 $1,020,911 +0.5%
Expenses $1,503,460 $1,462,742 +0.0%
Net Income $72,196 $-441,831 -1.2%
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
8
Independent Members
6
Employees
8
Volunteers
N/A

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
3
$70,000
Total Directors
8
$140,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Susan Marie Rhea Board Member 40.00
Director
$80,000 $0 $80,000
Alexis Hartwick Managing Dir. 40.00
Officer
$70,000 $0 $70,000
Mark A Rhea Artistic Chair 40.00
Director
$60,000 $0 $60,000
Robert Cali Treasurer 5.00
Officer Director
$0 $0 $0
Abigail Isaac Fine Board Member 5.00
Director
$0 $0 $0
Abby Levine Exe. Chair 10.00
Director
$0 $0 $0
Megan Doiron Board Member 5.00
Director
$0 $0 $0
Roberta Milman Secretary 5.00
Officer Director
$0 $0 $0
Vishwas Vishwas Board Member 1.00
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
2024 $1,575,656 $1,503,460 $3,631,712 $72,196
2023 $1,020,911 $1,462,742 $3,593,863 $-441,831
2022 $1,424,656 $1,377,140 $3,105,221 $47,516
2021 $765,259 $801,833 $3,377,708 $-36,574
2020 $985,118 $1,110,851 $3,188,557 $-125,733
2019 $964,293 $1,228,553 $3,173,886 $-264,260
2018 $1,189,487 $1,080,725 $3,706,406 $108,762
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