Bridgetown Conservatory Of Musical Theatre
- Assets
- $123.6k
- Revenue
- $224.1k
- Investments
- $0.0
- Employees
- 9
- Location
- Portland, OR
- Founding
- 12/2016
- Data as of
- 12/2023
- EIN
- 81-3867905
Organization Overview
Bridgetown Conservatory Of Musical Theatre is located in Portland, OR. The organization was established in 2016. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Bridgetown Conservatory Of Musical Theatre employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridgetown Conservatory Of Musical 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 12/2023, Bridgetown Conservatory Of Musical Theatre generated $224.1k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 20.9% each year . All expenses for the organization totaled $174.8k during the year ending 12/2023. While expenses have increased by 17.0% per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE PROVIDE PROFESSIONAL TRIPLE-THREAT TRAINING (ACTING, DANCE, AND VOCAL PERFORMANCE), TAUGHT BY INDUSTRY PROFESSIONALS WHO HAVE BEEN WHERE OUR STUDENTS DREAM OF GOING. IN A CHALLENGING AND SUPPORTIVE ENVIRONMENT, WE CREATE THE OPPORTUNITY FOR SUCCESSFUL COLLEGE ENTRANCE AND/OR CAREER ENTRY AND ADVANCEMENT WITHIN THE THEATRE INDUSTRY, PROVIDING OUR STUDENTS WITH EVERY OPPORTUNITY TO "BECOME THEIR POTENTIAL."
Describe the Organization's Program Activity:
Part 3 - Line 4a
BRIDGETOWN IS WHERE MIDDLE SCHOOL AND HIGH SCHOOL MUSICAL THEATER PERFORMERS RECEIVE PROFESSIONAL TRIPLE-THREAT TRAINING (ACTING, DANCING, AND VOCAL PERFORMANCE) TO ACHIEVE ENTRANCE TO A TOP TIER COLLEGE MUSICAL THEATER PROGRAM AND ULTIMATELY TO WORK IN PROFESSIONAL THEATER. IT IS ALSO A PLACE WHERE ASPIRING ACTORS LEARN THEIR CRAFT TO COMPETE FOR SCHOLARSHIPS AT THESE SAME COLLEGE PROGRAMS.
BRIDGETOWN IS WHERE MIDDLE SCHOOL AND HIGH SCHOOL MUSICAL THEATER PERFORMERS RECEIVE PROFESSIONAL TRIPLE-THREAT TRAINING (ACTING, DANCING, AND VOCAL PERFORMANCE) TO ACHIEVE ENTRANCE TO A TOP TIER COLLEGE MUSICAL THEATER PROGRAM AND ULTIMATELY TO WORK IN PROFESSIONAL THEATER. IT IS ALSO A PLACE WHERE ASPIRING ACTORS LEARN THEIR CRAFT TO COMPETE FOR SCHOLARSHIPS AT THESE SAME COLLEGE PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alicia Barrett Pianist | 8 | $3,100 | |
Kevin P Clark Instructor | 8 | $2,320 | |
Rick Lewis Artistic Director/founder | Officer | 40 | $11,780 |
Laura Hiszczynsky Instructor | 8 | $1,890 | |
Michael Kastelic Pianist | 8 | $1,780 | |
Paul Lessard Instructor | 2 | $320 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $37,900 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $118,095 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $155,995 |
| Total Program Service Revenue | $78,221 |
| 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 | -$10,159 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $224,057 |
| 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. | $11,780 |
| Compensation of current officers, directors, key employees. | $11,780 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $31,418 |
| Pension plan accruals and contributions | $800 |
| Other employee benefits | $0 |
| Payroll taxes | $3,850 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,383 |
| Office expenses | $5,089 |
| Information technology | $0 |
| Royalties | $4,285 |
| Occupancy | $79,970 |
| Travel | $0 |
| 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 | $1,374 |
| All other expenses | $0 |
| Total functional expenses | $174,799 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,215 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $110,385 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $123,600 |
| Accounts payable and accrued expenses | $0 |
| 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 | $26,690 |
| Other liabilities | $0 |
| Total liabilities | $26,690 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $96,910 |
| 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 | $123,600 |