AUSTIN THEATRE ALLIANCE

EIN: 742975922 501(c)(3) Arts, Culture & Humanities

AUSTIN, TX

Total Revenue
$32,519,660
Total Expenses
$19,680,803
Total Assets
$39,473,388
Net Assets
$21,281,467
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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
TX
Principal Officer
H JAMES RITTS
Phone
5124722901
Tax Period
2023-10-01 to 2024-09-30

AUSTIN THEATRE ALLIANCE, founded in 2000, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $32.5M in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $12.8M, a strong 39% operating margin.

Mission

WE'RE HERE TO INSPIRE GENERATIONS. WE CONNECT PEOPLE AND STRENGTHEN COMMUNITY BY SHOWCASING UNFORGETTABLE PERFORMANCES ACROSS GENRES, PROVIDING LIFE-CHANGING ARTS EDUCATION PROGRAMS, AND DREAMING UP MAGICAL EXPERIENCES IN ICONIC VENUES THAT ANCHOR AND DEFINE DOWNTOWN AUSTIN.

Program Service Accomplishments

Program 1
Expenses: $12,600,527 Revenue: $9,976,514

PROGRAMMING: AFTER MORE THAN A CENTURY, THE PARAMOUNT AND STATESIDE THEATRES REMAIN PREMIER HISTORIC VENUES FOR AUSTINITES AND TOURISTS ALIKE TO FIND CONNECTION AND ENTERTAINMENT IN THE WIDE BREADTH...

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PROGRAMMING: AFTER MORE THAN A CENTURY, THE PARAMOUNT AND STATESIDE THEATRES REMAIN PREMIER HISTORIC VENUES FOR AUSTINITES AND TOURISTS ALIKE TO FIND CONNECTION AND ENTERTAINMENT IN THE WIDE BREADTH OF TALENTED ARTISTS AND ENTERTAINERS WHO GRACE OUR STAGES ALL YEAR LONG. WE PRIDE OURSELVES ON CELEBRATING BEAUTY AND HUMAN ACHIEVEMENT WHEREVER IT IS FOUND, AND OUR DIVERSE LINEUPS SHOWCASE THESE LOCAL, NATIONAL, AND INTERNATIONAL SENSATIONS NIGHTLY. THROUGHOUT THESE EVENTS AND PROGRAMS, THE ATA PRIORITIZES BUILDING IMPACTFUL COMMUNITY PARTNERSHIPS, OFFERS REDUCED VENUE AND EQUIPMENT RENTAL RATES FOR OTHER ARTS ORGANIZATIONS, AND STRIVES TO FACILITATE A WELCOMING AND INCLUSIVE ENVIRONMENT FOR ALL PEOPLE WHO WALK THROUGH OUR DOORS. THROUGH OUR COMMUNITY PROGRAMS, WE PARTNER WITH 100+ LOCAL ORGANIZATIONS ANNUALLY TO PROVIDE OPPORTUNITIES FOR INDIVIDUALS TO ACCESS THE ARTS AT NOT COST TO THEM, ALLEVIATING THE ECONOMIC BARRIERS SO MANY ARE FACING. WE ARE TIGHTLY WOVEN INTO THE LIVE MUSIC, SPOKEN WORD, AND FILM COMMUNITIES THAT AUSTIN IS RENOWNED FOR, BEING PRINCIPAL VENUES FOR THE SXSW FILM FESTIVAL, THE AUSTIN FILM FESTIVAL, AND THE SUMMER CLASSIC FILM SERIES. THE ATA HAS ALSO ELEVATED THE COMEDY SCENE IN AUSTIN TO THE NATIONALLY NOTEWORTHY WITH THE PRODUCTION OF OUR MOONTOWER JUST FOR LAUGHS COMEDY FESTIVAL.

Program 2
Expenses: $1,589,458 Revenue: $1,258,459

EDUCATION: ATA'S PARAMOUNT EDUCATION IS ONE OF AUSTIN'S LARGEST AND MOST EFFECTIVE ARTS EDUCATION ORGANIZATIONS, EXPERTLY DELIVERING FOUR PROGRAMS THAT FOCUS ON EQUITABLE ACCESS AND CONNECTION TO THE...

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EDUCATION: ATA'S PARAMOUNT EDUCATION IS ONE OF AUSTIN'S LARGEST AND MOST EFFECTIVE ARTS EDUCATION ORGANIZATIONS, EXPERTLY DELIVERING FOUR PROGRAMS THAT FOCUS ON EQUITABLE ACCESS AND CONNECTION TO THE ARTS FOR CENTRAL TEXAS YOUTH. OUR PROGRAMS HAVE PROVEN TO BE SUCCESSFUL AT IMPROVING LITERACY RATES IN SOME OF AUSTIN'S MOST UNDERSERVED SCHOOLS, CONSISTENTLY CLOSING PERFORMANCE GAPS BETWEEN TITLE 1 STUDENTS AND THEIR NON-TITLE 1 PEERS. THE PARAMOUNT ITSELF PLAYS AN IMPORTANT ROLE IN OUR OUTREACH EFFORTS, AS MORE THAN 15,000 STUDENTS ANNUALLY ATTEND HIGH-CALIBER PERFORMING ARTS EVENTS IN OUR CULTURALLY AND HISTORICALLY SIGNIFICANT VENUES. WITH THESE EFFORTS, STUDENTS STRENGTHEN THEIR CREATIVE CONFIDENCE, IMPROVE CURRICULUM RETENTION, AND GAIN VALUABLE SOCIAL-EMOTIONAL SKILLS. EACH PROGRAM OFFERS COMPLIMENTARY TICKETS, REDUCED FEES, OR SCHOLARSHIP OPPORTUNITIES FOR THOSE STUDENTS, SCHOOLS, AND FAMILIES EXPERIENCING ECONOMIC BARRIERS TO PARTICIPATING IN THESE IMPACTFUL EXPERIENCES.

Program 3
Expenses: $1,233,744 Revenue: $976,822

PRESERVATION: CONSTRUCTED IN 1915 AND LISTED ON THE NATIONAL REGISTER OF HISTORIC PLACES, THE PARAMOUNT THEATRE IS ONE OF THE WORLD'S FEW SURVIVING EXAMPLES OF A FULLY OPERATIONAL, EARLY...

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PRESERVATION: CONSTRUCTED IN 1915 AND LISTED ON THE NATIONAL REGISTER OF HISTORIC PLACES, THE PARAMOUNT THEATRE IS ONE OF THE WORLD'S FEW SURVIVING EXAMPLES OF A FULLY OPERATIONAL, EARLY TWENTIETH-CENTURY VAUDEVILLE THEATRE AND WORKING HEMP-HOUSE SYSTEM. STANDING NEXT DOOR IS THE STATESIDE THEATRE, AN ART DECO BUILDING CONSTRUCTED IN 1935 THAT WAS THE FIRST IN AUSTIN BUILT SPECIFICALLY TO SHOW MOTION PICTURES. THE THEATRES CONTINUE TO HONOR THE VAUDEVILLE VISION BY BEING HOME TO A VARIETY OF PERFORMANCES; IN A TYPICAL YEAR BRINGING IN 250,000 GUESTS TO ATTEND EVENTS FROM CONCERTS, FILMS, COMEDY, LIVE PODCASTS, MAGIC SHOWS, SPOKEN WORD, COMMUNITY EVENTS AND MORE. WE WORK TO PRESERVE THE SPIRIT OF THE THEATRES AS WELL AS THE PHYSICAL BUILDINGS; RESTORATION PROJECTS ARE ONGOING TO ENSURE THESE LANDMARKS REMAIN INTACT AND AVAILABLE FOR THE PUBLIC TO ENJOY FOR ANOTHER CENTURY. THE AUSTIN THEATRE ALLIANCE MANAGES ALL PRESERVATION WORK AT THE PARAMOUNT AND STATESIDE THEATRES.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $20,376,096
Program Service Revenue $12,146,897
Investment Income $263,880
Other Revenue $-267,213
TOTAL REVENUE $32,519,660

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,033,672
Fundraising Expenses $2,868,378
Program Expenses $15,423,729
Other Expenses $11,523,152
TOTAL EXPENSES $19,680,803

Year-over-Year Comparison

2023 2022 Change
Revenue $32,519,660 $27,456,925 +0.2%
Expenses $19,680,803 $18,547,517 +0.1%
Net Income $12,838,857 $8,909,408 +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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Governance

Voting Members
24
Independent Members
23
Employees
253
Volunteers
300

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
$595,091
Total Directors
24
$390,295
Key Employees
3
$585,605
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DUFF M STEWART PRESIDENT 1.00
Officer Director
$0 $0 $0
WILLIAM OLIVER MEMBER 1.00
Director
$0 $0 $0
PENIEL JOSEPH MEMBER 1.00
Director
$0 $0 $0
LAURA ZAPPI MEMBER 1.00
Director
$0 $0 $0
KATHERINE WRIGHT MEMBER 1.00
Director
$0 $0 $0
YOLANDA RANGEL MEMBER 1.00
Director
$0 $0 $0
CARRIE RODRIGUEZ MEMBER 1.00
Director
$0 $0 $0
SCOTT RUST MEMBER 1.00
Director
$0 $0 $0
GRACE RENBARGER MEMBER 1.00
Director
$0 $0 $0
PETER MOOSSY MEMBER 1.00
Director
$0 $0 $0
FRANK KRASOVEC MEMBER 1.00
Director
$0 $0 $0
DILLAN KNUDSON MEMBER 1.00
Director
$0 $0 $0
MARTHA IGLEHART MEMBER 1.00
Director
$0 $0 $0
DIANA GREENFIELD MEMBER 1.00
Director
$0 $0 $0
TAYLOR ELLISON MEMBER 1.00
Director
$0 $0 $0
THURMAN CASE MEMBER 1.00
Director
$0 $0 $0
BLAKE STANFORD MEMBER 1.00
Director
$0 $0 $0
CAROL CAIN MEMBER 1.00
Director
$0 $0 $0
DONNA WILKINS SECRETARY 1.00
Officer Director
$0 $0 $0
EMILY RAMSHAW MEMBER 1.00
Director
$0 $0 $0
JOHN CUMMINS MEMBER 1.00
Director
$0 $0 $0
SHARON FRANCIA MEMBER 1.00
Director
$0 $0 $0
BOB ELLIS MEMBER 1.00
Director
$0 $0 $0
H JAMES RITTS III EXECUTIVE DIRECTOR 45.00
Officer Director
$380,631 $9,664 $390,295
SANDRA HILL CHIEF FINANCIAL OFFICER 45.00
Officer
$195,119 $9,677 $204,796
SUE DARROW CHIEF PEOPLE AND CULTURE O 45.00
Key Emp
$205,108 $588 $205,696
MAICA JORDAN CHIEF DEVELOPMENT OFFICER 45.00
Key Emp
$184,645 $9,677 $194,322
LIETZA BRASS CHIEF PROGRAMMING OFFICER 45.00
Key Emp
$175,910 $9,677 $185,587
NICHOLAS BARBIERI CHIEF MARKING DIRECTOR 45.00
Highest
$166,865 $9,677 $176,542
CATHERINE MCDONALD GM OF OPERATIONS 45.00
Highest
$165,865 $9,677 $175,542
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 $32,519,660 $19,680,803 $39,473,388 $12,838,857
2023 $27,456,925 $18,547,517 $27,111,638 $8,909,408
2022 $16,804,900 $14,944,894 $12,197,443 $1,860,006
2021 $12,251,946 $8,259,668 $11,051,816 $3,992,278
2020 $6,091,084 $7,831,139 $5,338,879 $-1,740,055
2019 $10,413,391 $11,058,529 $5,452,116 $-645,138
2018 $8,511,761 $9,694,050 $5,478,011 $-1,182,289
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