Thalia Spanish Theatre Inc is located in Sunnyside, NY. The organization was established in 1975. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2024, Thalia Spanish Theatre Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thalia Spanish Theatre Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Thalia Spanish Theatre Inc generated $704.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $711.5k during the year ending 06/2024. While expenses have increased by 4.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
THEATRICAL PRODUCTION, DRAMA MUSICAL AND DANCE SERVING THE SPANISH SPEAKING COMMUNITY IN NEW YORK,SPECIALLY OUR BOROUGH OF QUEENS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THEATRICAL PRODUCTION, DRAMA MUSICAL AND DANCE SERVING THE SPANISH SPEAKING COMMUNITY IN NEW YORK,SPECIALLY OUR BOROUGH OF QUEENS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Angel Gil Orrios President | OfficerTrustee | 50 | $92,400 |
Ada Suarez Chairman And Tresurer | OfficerTrustee | 0.5 | $0 |
Eve Cho Guillergan Member | OfficerTrustee | 0.5 | $0 |
Rigoberto Cardoso Member | OfficerTrustee | 0.5 | $0 |
Soledad Lopez Member | OfficerTrustee | 40 | $49,500 |
Scott Cooper Member | OfficerTrustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $424,789 |
All other contributions, gifts, grants, and similar amounts not included above | $126,155 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $550,944 |
Total Program Service Revenue | $116,197 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $703,995 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $141,899 |
Compensation of current officers, directors, key employees. | $11,353 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $79,667 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $19,165 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,200 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $41,095 |
Advertising and promotion | $57,842 |
Office expenses | $14,908 |
Information technology | $2,794 |
Royalties | $0 |
Occupancy | $85,517 |
Travel | $8,731 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $32,139 |
All other expenses | $0 |
Total functional expenses | $711,530 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $58,210 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $59,164 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $44,691 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $7,516 |
Total assets | $169,581 |
Accounts payable and accrued expenses | $22,132 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $22,132 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $147,449 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $169,581 |