EDUCATIONAL THEATRE COMPANY

EIN: 522081464 501(c)(3) Arts, Culture & Humanities

Arlington, VA

Total Revenue
$494,757
Total Expenses
$473,018
Total Assets
$508,648
Net Assets
$488,204
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
VA
Principal Officer
Stan Kang
Phone
7032710222
Tax Period
2023-01-01 to 2023-12-31

EDUCATIONAL THEATRE COMPANY, founded in 1998, is a small nonprofit in the Arts, Culture & Humanities sector that reported $437K in total revenue in fiscal year 2018. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $420K left a modest 4% surplus.

Mission

ETC's mission is to unlock the potential of children and adults through immersion in theatre arts.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $154,878
Program Service Revenue $339,876
Investment Income $3
Other Revenue $0
TOTAL REVENUE $494,757

Expense Breakdown

Grants Paid $0
Salaries & Benefits $349,846
Fundraising Expenses $26,603
Program Expenses $264,423
Other Expenses $123,172
TOTAL EXPENSES $473,018

Year-over-Year Comparison

2023 2022 Change
Revenue $494,757 $607,125 -0.2%
Expenses $473,018 $362,718 +0.3%
Net Income $21,739 $244,407 -0.9%
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

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
59
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
1
$22,038
Total Directors
12
$0
Key Employees
1
$78,896
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ashley Hammond Managing Director 40
Key Emp Highest
$78,896 $0 $78,896
Stan Kang Executive Director 12
Officer
$22,038 $0 $22,038
Tonya Murphy Board Co-Chair 3
Director
$0 $0 $0
Stacey Schwartz Board Co-Chair 3
Director
$0 $0 $0
Leslie Altizer Board Member 1
Director
$0 $0 $0
Samantha Foti Board Member 1
Director
$0 $0 $0
Elena Velasco Board Member 1
Director
$0 $0 $0
Robert Fischer Board Member 1
Director
$0 $0 $0
Regan Lear Board Member 1
Director
$0 $0 $0
Stephanie Minkoff Board Member 1
Director
$0 $0 $0
Jeff Scurry Board Member 1
Director
$0 $0 $0
Christy Swain Board Member 1
Director
$0 $0 $0
Anne Davis Board Member 1
Director
$0 $0 $0
Sarah Barney Board Member 1
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 No data No data No data No data
2023 $494,757 $473,018 $508,648 $21,739
2022 $607,125 $362,718 $425,832 $244,407
2022 $494,788 $365,014 $423,537 $129,774
2022 $494,788 $365,014 $423,537 $129,774
2021 $321,988 $250,568 $246,457 $71,420
2020 $250,482 $262,478 $122,770 $-11,996
2019 $446,474 $470,018 $62,165 $-23,544
2018 $437,298 $420,413 $89,047 $16,885
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