Victoria Theater Arts Center
- Assets
- $1.3m
- Revenue
- $736.9k
- Investments
- $0.0
- Employees
- 3
- Location
- Saint Paul, MN
- Founding
- 05/2017
- Data as of
- 12/2021
- EIN
- 81-4501500
Organization Overview
Victoria Theater Arts Center is located in Saint Paul, MN. The organization was established in 2017. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Victoria Theater Arts Center employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Victoria Theater Arts 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 12/2021, Victoria Theater Arts Center generated $736.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 17.8% each year . All expenses for the organization totaled $263.5k during the year ending 12/2021. 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
THE VICTORIA THEATER ARTS CENTER BUILDS COMMUNITY POWER, BY PROVIDING A CREATIVE HOME THAT INCUBATES THE ART AND AMPLIFIES THE VOICES OF ALL PEOPLE IN THE NEIGHBORHOOD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAPITAL CAMPAIGN- WE CONTINUED OUR EFFORTS TO RAISE FUNDS FOR THE RENOVATION OF VICTORIA THEATER ARTS CENTER. THE BUILDING AT 825 UNIVERSITY AVE ST PAUL MN WAS ACQUIRED IN JULY 21. ADDITIONAL WORK IS NEEDED TO MAKE IT THE FULLY OPERATIONAL AS NEEDED TO HOUSE CREATIVE ACTIVITIES FOR THE FROGTOWN NEIGHBORHOOD. FROGTOWN IS ONE OF THE MOST ETHNICALLY DIVERSE COMMUNITIES IN MINNESOTA.
MISCELLANEOUS OTHER ACTIVITIES USED TO ATTRACT COMMUNITY SUPPORT FOR THE ARTS INCLUDING MONTHLY EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tyler Olsen Executive Director | OfficerTrustee | 25 | $32,500 |
Chris Wilbourn Chair | OfficerTrustee | 8 | $0 |
Aki Shibata Vice Chair | OfficerTrustee | 4 | $0 |
Robby Callahan Schreiber Treasurer | OfficerTrustee | 5 | $0 |
Sarah Nichols Member | Trustee | 1 | $0 |
Walken Schweigert Secretary | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $66,200 |
| All other contributions, gifts, grants, and similar amounts not included above | $663,816 |
| Noncash contributions included in lines 1a–1f | $14,501 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $730,016 |
| Total Program Service Revenue | $0 |
| Investment income | $45 |
| 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 | $736,861 |
| 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. | $32,500 |
| Compensation of current officers, directors, key employees. | $6,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $30,715 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $489 |
| Payroll taxes | $5,820 |
| Fees for services: Management | $42,500 |
| Fees for services: Legal | $3,900 |
| Fees for services: Accounting | $9,652 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $15,681 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $69,042 |
| Advertising and promotion | $1,709 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $307 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $11,446 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,316 |
| Insurance | $4,213 |
| All other expenses | $23,325 |
| Total functional expenses | $263,504 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $316,587 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $350,000 |
| 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 | $2,129 |
| Net Land, buildings, and equipment | $592,484 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,261,200 |
| 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 | $452,125 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,845 |
| Total liabilities | $453,970 |
| Net assets without donor restrictions | $247,071 |
| Net assets with donor restrictions | $560,159 |
| 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 | $1,261,200 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Victoria Theater Arts Center has recieved totaling $746,688.
| Awarding Organization | Amount |
|---|---|
Saint Paul & Minnesota Foundation Saint Paul, MN PURPOSE: MULTIPLE GRANTS FOR MULTIPLE PURPOSES | $405,100 |
F R Bigelow Foundation Trust 555 St Paul, MN PURPOSE: VICTORIA THEATER ARTS CENTER PURCHASE AND RENOVATION | $75,000 |
Mardag Foundation St Paul, MN PURPOSE: VICTORIA THEATER ARTS CENTER CAPITAL CAMPAIGN | $75,000 |
F R Bigelow Foundation Trust 555 St Paul, MN PURPOSE: VICTORIA THEATER ARTS CENTER PURCHASE AND RENOVATION | $75,000 |
F R Bigelow Foundation Trust 555 St Paul, MN PURPOSE: VICTORIA THEATER ARTS CENTER PURCHASE AND RENOVATION | $50,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $25,210 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ordway Center For The Performing Arts Saint Paul, MN | $66,666,400 | $23,193,100 |
Fox Cities Performing Arts Center Inc Appleton, WI | $82,069,378 | $12,172,619 |
Confluence Council Inc Eau Claire, WI | $3,541,289 | $9,499,634 |
The Cowles Center Minneapolis, MN | $25,707,590 | $3,628,768 |
Sharon Lynne Wilson Center For The Arts Inc Brookfield, WI | $7,745,348 | $1,495,819 |
Professional Dairy Producers Of Wisconsin Inc Juneau, WI | $950,871 | $1,809,722 |
Firehouse Performing Arts Center Minneapolis, MN | $427,034 | $1,162,536 |
Pangea World Theater Minneapolis, MN | $3,888,394 | $2,394,735 |
Fairmont Opera House Inc Fairmont, MN | $1,946,448 | $510,715 |
The Grand Oshkosh Inc Oshkosh, WI | $717,158 | $1,144,310 |
Meyer Theater Corporation Green Bay, WI | $9,446,664 | $707,494 |
La Crosse Performing Arts Center Inc La Crosse, WI | $7,113,704 | $500,767 |