Dallas Theater Center
- Assets
- $4.7m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 188
- Location
- Dallas, TX
- Founding
- 11/1959
- Data as of
- 08/2021
- EIN
- 75-0959992
Organization Overview
Dallas Theater Center is located in Dallas, TX. The organization was established in 1959. 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 08/2021, Dallas Theater Center employed 188 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dallas Theater Center 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 08/2021, Dallas Theater Center generated $4.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (15.5%) each year. All expenses for the organization totaled $6.0m during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (10.3%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
DTC WILL ENGAGE, ENTERTAIN, AND INSPIRE OUR DIVERSE COMMUNITY BY CREATING EXPERIENCES THAT STIIMULATE NEW WAYS OF THINKING AND LIVING AND BY PRODUCING PLAYS, (SEE SCHEDULE O)
Describe the Organization's Program Activity:
Part 3 - Line 4a
DALLAS THEATER CENTER (DTC) PRESENTS ITS AUDIENCES WITH AN INVIGORATING AND BROAD ARRAY OF PLAYS, INCLUDING BOTH CLASSIC TEXTS AND INNOVATIVE NEW WORK. THESE PERFORMANCES INCLUDE A SUBSCRIPTION SEASON AND AN ANNUAL PRODUCTION OF THE PLAY, A CHRISTMAS CAROL. IN ADDITION, THE DTC'S COMMITMENT TO EXCELLENCE EXTENDS TO ITS EDUCATIONAL PROGRAMS, WHICH STRIVE TO CREATE AN ESSENTIAL DIALOGUE BETWEEN THE THEATER AND THE COMMUNITY-AT-LARGE. DTC'S HIGHLY ACCLAIMED PROJECT DISCOVERY PROGRAM PROVIDES APPROXIMATELY 10,000 LOCAL "AT RISK" MIDDLE AND HIGH SCHOOL STUDENTS WITH THE OPPORTUNITY TO ATTEND THE THEATER'S PRODUCTIONS FREE OF CHARGE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Moriarty Artistic Director | Officer | 40 | $204,609 |
Jeffrey Woodward Managing Director | Officer | 40 | $202,179 |
Jennifer Altabef Board Chair | OfficerTrustee | 1 | $0 |
Dan Waldmann President | OfficerTrustee | 1 | $0 |
Teri Shaffer Treasurer | OfficerTrustee | 1 | $0 |
Chris Luna Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $555,918 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,403,114 |
| Noncash contributions included in lines 1a–1f | $151,908 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,959,032 |
| Total Program Service Revenue | $442,753 |
| Investment income | $30,300 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $90,555 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $465,524 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,047,540 |
| 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. | $406,788 |
| Compensation of current officers, directors, key employees. | $202,179 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,178,052 |
| Pension plan accruals and contributions | $53,118 |
| Other employee benefits | $312,482 |
| Payroll taxes | $260,959 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $33,377 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $124,010 |
| Office expenses | $111,599 |
| Information technology | $78,375 |
| Royalties | $20,682 |
| Occupancy | $250,598 |
| Travel | $58,978 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $185 |
| Interest | $7,406 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $182,058 |
| Insurance | $58,556 |
| All other expenses | $155,908 |
| Total functional expenses | $5,963,902 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,469,194 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,202,822 |
| Accounts receivable, net | $659 |
| 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 | $228,885 |
| Net Land, buildings, and equipment | $784,488 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,686,048 |
| Accounts payable and accrued expenses | $389,522 |
| Grants payable | $0 |
| Deferred revenue | $2,133,525 |
| 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 | $2,523,047 |
| Net assets without donor restrictions | $519,502 |
| Net assets with donor restrictions | $1,643,499 |
| Capital stock or trust principal, or current funds | $0 |
| 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 | $4,686,048 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Dallas Theater Center has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
March Family Foundation Dallas, TX PURPOSE: SUPPORT OF A THEATRE THAT IS CREATING EXPERIENCES THAT STIMULATE NEW WAYS OF THINKING AND LIVING. | $2,500 |
Endowment Analysis
| Beg. Balance | $10,856,101 |
| Earnings | $2,195,538 |
| Admin Expense | $51,957 |
| Net Contributions | $10,309 |
| Grants | $555,918 |
| Ending Balance | $12,454,073 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alley Theatre Houston, TX | $99,755,068 | $20,544,932 |
Austin Theatre Alliance Austin, TX | $11,051,816 | $12,251,946 |
Theatre Squared Inc Fayetteville, AR | $37,817,681 | $7,945,309 |
Dallas Theater Center Dallas, TX | $4,686,048 | $4,047,540 |
Theatre Under The Stars Inc Houston, TX | $18,210,122 | $4,859,811 |
Zachary Scott Theater Center Austin, TX | $13,760,280 | $6,657,993 |
A D Players Houston, TX | $31,582,319 | $3,073,769 |
Creative Action Austin, TX | $3,479,965 | $2,986,946 |
Plano Childrens Theatre Plano, TX | $1,873,883 | $3,548,642 |
Main Street Theater Houston Houston, TX | $3,176,471 | $2,765,553 |
Lyric Theatre Of Oklahoma Inc Oklahoma City, OK | $13,499,880 | $4,030,124 |
International Alliance Theatrical Stage Employees & Moving Picture New Orleans, LA | $12,003,795 | $3,171,295 |