Association Of Russian Speaking Theatres Corporation is located in Potomac, MD. The organization was established in 2017. According to its NTEE Classification (A90) the organization is classified as: Arts Services, 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. Association Of Russian Speaking Theatres Corporation 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, Association Of Russian Speaking Theatres Corporation generated $166.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 23.2% each year . All expenses for the organization totaled $193.4k during the year ending 12/2023. While expenses have increased by 24.9% per year over the past 4 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
2023
Describe the Organization's Program Activity:
Part 3
ARTS AND SPORTS PREPARED AND PERFORMED, VARIOUS SHOWS AND PERFORMANCES
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,778 | 
| Total Program Service Revenue | $155,278 | 
| Membership dues | $0 | 
| Investment income | $0 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $166,056 | 
| 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 | $8,123 | 
| Occupancy, rent, utilities, and maintenance | $7,500 | 
| Printing, publications, postage, and shipping | $1,418 | 
| Other expenses | $176,320 | 
| Total expenses | $193,361 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,169 | 
| Other assets | $0 | 
| Total assets | $7,169 | 
| Total liabilities | $35,730 | 
| Net assets or fund balances | -$28,561 |