Arizona Theatre Company

EIN: 860211777 501(c)(3) Arts, Culture & Humanities

Tucson, AZ

Total Revenue
$7,444,540
Total Expenses
$9,112,174
Total Assets
$3,562,892
Net Assets
$-419,834
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1966
Legal Domicile
AZ
Principal Officer
Geraldine Wright
Phone
5208848210
Tax Period
2023-07-01 to 2024-06-30

Arizona Theatre Company, founded in 1966, is a community nonprofit in the Arts, Culture & Humanities sector that reported $7.4M in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $9.1M exceeded revenue, resulting in a 22% operating deficit.

Mission

ATC's mission is to create world-class theatre about what it means to be alive today - inspiring curiosity and creativity, sparking empathy and joy - bringing all Arizonans together.

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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 $3,381,584
Program Service Revenue $4,013,212
Investment Income $48,010
Other Revenue $1,734
TOTAL REVENUE $7,444,540

Expense Breakdown

Grants Paid $3,653
Salaries & Benefits $4,969,825
Fundraising Expenses $587,099
Program Expenses $6,983,418
Other Expenses $4,138,696
TOTAL EXPENSES $9,112,174

Year-over-Year Comparison

2023 2022 Change
Revenue $7,444,540 $6,065,340 +0.2%
Expenses $9,112,174 $8,094,024 +0.1%
Net Income $-1,667,634 $-2,028,684 -0.2%
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
25
Independent Members
22
Employees
342
Volunteers
280

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
5
$305,350
Total Directors
26
$410,343
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Geraldine Wright Executive Director 40.00
Officer Director
$198,019 $16,112 $214,131
Matthew August Artistic Director 40.00
Director
$190,084 $6,128 $196,212
Pat Engels Chair 5.00
Officer Director
$0 $0 $0
Kay Oliver Secretary 5.00
Officer Director
$0 $0 $0
Adam Michael Treasurer 5.00
Officer Director
$0 $0 $0
Char Augenstein Trustee 5.00
Director
$0 $0 $0
Nora Hannah Trustee 2.00
Director
$0 $0 $0
Phil Cowen Trustee 5.00
Director
$0 $0 $0
Gary Jackson Trustee 2.00
Director
$0 $0 $0
Brian Jorgensen Trustee 2.00
Director
$0 $0 $0
Deanna Evenchik-Brav Trustee 2.00
Director
$0 $0 $0
Stephen Heitz Trustee 5.00
Director
$0 $0 $0
Joanie Flatt Trustee 2.00
Director
$0 $0 $0
Michael O'Connor Trustee 2.00
Director
$0 $0 $0
Beverly Arrington Trustee 2.00
Director
$0 $0 $0
Joan Sherwood Trustee 2.00
Director
$0 $0 $0
Erica Stutman Trustee 2.00
Director
$0 $0 $0
Brian Boylan Trustee 5.00
Director
$0 $0 $0
Don Riegger Trustee 2.00
Director
$0 $0 $0
Karen Wohlgemuth Trustee 2.00
Director
$0 $0 $0
Michael Bradford Trustee 2.00
Director
$0 $0 $0
Hugh Hallman Trustee 2.00
Director
$0 $0 $0
Debra Larson Trustee 2.00
Director
$0 $0 $0
Analise Ortiz Trustee 2.00
Director
$0 $0 $0
Mary Beth Radke Trustee 2.00
Director
$0 $0 $0
Patrick Jones Trustee 2.00
Director
$0 $0 $0
Mark Kochman Chief Financial Officer 40.00
Officer
$84,583 $6,636 $91,219
Paula Taylor Chief Development & Market 40.00
Highest
$119,206 $6,592 $125,798
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 No data No data No data No data
2024 $7,444,540 $9,112,174 $3,562,892 $-1,667,634
2023 $6,065,340 $8,094,024 $4,781,274 $-2,028,684
2022 $10,001,507 $6,437,420 $5,166,004 $3,564,087
2021 $4,958,239 $3,007,442 $2,336,661 $1,950,797
2020 $6,643,317 $7,866,569 $2,131,753 $-1,223,252
2019 $8,343,585 $8,545,704 $2,369,691 $-202,119
2018 $7,148,254 $7,296,174 $2,607,529 $-147,920
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