ADVENTURE THEATRE INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1964

Legal Domicile

Principal Officer

SARAH CHAPIN

Phone

3016342270

Tax Period

2024-09-01 to 2025-08-31

ADVENTURE THEATRE INC, founded in 1964, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.9M in total revenue in fiscal year 2024. Revenue surged 51% from the prior year, signaling strong growth momentum. Expenses of $2.2M exceeded revenue, resulting in a 14% operating deficit.

Mission

ADVENTURE THEATRE MTC EDUCATES AND INSPIRES NEW GENERATIONS OF THEATER ARTISTS AND AUDIENCES WITH EXCEPTIONAL THEATRICAL EXPERIENCES. IT IS THE PRE-EMINENT MUSICAL THEATER ACADEMY FOR YOUTH IN THE DC REGION WITH AN INTEGRATED AND NATIONALLY RENOWNED PROFESSIONAL THEATER FOR FAMILY AUDIENCES.

Program Service Accomplishments

Program 1

Expenses: $1,116,540

THEATRICAL - PRODUCING 5 PROFESSIONAL THEATRICAL PRODUCTIONS IN THE THEATRE FOR YOUNG AUDIENCE CANNON WITH OVER 40,000 ATTENDEES ANNUALLY. PRODUCING 2 STUDENT PRODUCTIONS ANNUALLY ALLOWING STUDENTS...

Program 2

Expenses: $423,566

EDUCATIONAL PROVIDE THEATRICAL EDUCATIONAL CLASSES IN MUSIC, DANCE, ACTING, AND CREATIVE DRAMA AS WELL AS WORKSHOPS AND PERFORMANCES FOR OVER 40,000 STUDENTS AND SPECTATORS ANNUALLY.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $497,716

Program Service Revenue $1,187,473

Investment Income $0

Other Revenue $229,179

TOTAL REVENUE $1,914,368

Expense Breakdown

Grants Paid $0

Salaries & Benefits $985,725

Fundraising Expenses $7,001

Program Expenses $1,540,106

Other Expenses $1,193,206

TOTAL EXPENSES $2,178,931

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,914,368	$1,268,742	+0.5%
Expenses	$2,178,931	$2,214,770	0.0%
Net Income	$-264,563	$-946,028	-0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

113

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALISON BERMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
GEOFF CARLSON	BOARD MEMBER	1.00	Director	$0	$0	$0
TERESA GIRAL	BOARD VICE C	2.00	Officer Director	$0	$0	$0
TRISH GLOWACKI	BOARD CHAIR	3.00	Officer Director	$0	$0	$0
IAN GROSSMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
PAULINE GROSSMAN	BOARD SECRET	2.00	Officer Director	$0	$0	$0
CHELLE PARSKY	BOARD TREASU	2.00	Officer Director	$0	$0	$0
KEITH PARSKY	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL REPLOGLE	BOARD MEMBER	1.00	Director	$0	$0	$0
THOMAS SQUIRE	BOARD MEMBER	1.00	Director	$0	$0	$0
MELYNDA BURDETTE WINTROL	BOARD MEMBER	3.00	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	$1,914,368	$2,178,931	$516,827	$-264,563
2024	$1,268,742	$2,214,770	$863,656	$-946,028
2023	$1,152,338	$1,648,067	$1,791,902	$-495,729
2022	$2,520,878	$2,468,772	$2,756,388	$52,106
2021	$2,322,833	$1,661,346	$1,938,841	$661,487
2020	$1,728,076	$2,194,897	$1,032,517	$-466,821
2020	$1,728,076	$2,194,897	$1,032,517	$-466,821
2019	$2,699,019	$2,677,790	$1,157,592	$21,229
2019	$2,699,019	$2,677,790	$1,157,592	$21,229
2018	$2,697,344	$2,447,816	$1,209,560	$249,528