Academy Of Community Theatre is located in Colorado Springs, CO. The organization was established in 2013. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Academy Of Community Theatre 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 12/2022, Academy Of Community Theatre generated $170.5k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.1% each year . All expenses for the organization totaled $178.0k during the year ending 12/2022. While expenses have increased by 15.3% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PRODUCED ON-STAGE PRODUCTIONS.
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,035 |
| Total Program Service Revenue | $149,458 |
| Membership dues | $0 |
| Investment income | $36 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $207 |
| Total Revenue | $170,458 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $80,226 |
| Occupancy, rent, utilities, and maintenance | $42,065 |
| Printing, publications, postage, and shipping | $3,746 |
| Other expenses | $51,978 |
| Total expenses | $178,015 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $91,585 |
| Other assets | $0 |
| Total assets | $91,585 |
| Total liabilities | $0 |
| Net assets or fund balances | $91,585 |