Valley Youth Theatre
- Assets
- $6.7m
- Revenue
- $6.1m
- Investments
- $0.0
- Employees
- 11
- Location
- Phoenix, AZ
- Founding
- 07/1990
- Data as of
- 06/2022
- EIN
- 86-0641978
Organization Overview
Valley Youth Theatre is located in Phoenix, AZ. The organization was established in 1990. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Valley Youth Theatre employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valley Youth 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 06/2022, Valley Youth Theatre generated $6.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.8% each year . All expenses for the organization totaled $1.2m during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
OPERATING A YOUTH THEATRE AND GIVING YOUTH OPPORTUNITIES TO PARTICIPATE IN THEATRICAL PRODUCTIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VALLEY YOUTH THEATRE (VYT) RETURNED TO LIVE PRODUCTIONS IN FEBRUARY 2022 AND WAS ABLE TO HOST 2 MAINSTAGE PRODUCTIONS DURING THE 2021-2022 SEASON DUE TO COVID-19 AND ITS EFFECTS ON PEOPLE GATHERING. "DEAR 2020!" WAS A PLAY BASED ON MONOLOGUES WRITTEN BY THE YOUNG ACTORS IN THE PRODUCTION WHICH RAN IN FEBRUARY 2022, AND "HIGH SCHOOL MUSICAL" ENDED OUR SEASON IN JUNE 2022. NEARLY 4,400 ATTENDED THESE TWO PRODUCTIONS. VALLEY YOUTH THEATER REACHED OVER 1,067 PARTICIPANTS WITH BOOKS AND A STREAMED PERFORMANCE OF A PAST VYT PRODUCTION THROUGH OUR LITERACY AND THE ARTS PROGRAM AND 3,566 STUDENTS THROUGH VIRTUAL AND LIVE EDUCATIONAL PROGRAMS, FIELD TRIPS AND SHOWCASES. OVER 6,800 PEOPLE VIEWED OUR VIRTUAL VYTAL AFFAIR-A-THON 2021, FEATURING THE TALENT OF OVER 65 PERFORMERS.69 VOLUNTEERS CONTRIBUTED 1,112 VOLUNTEER HOURS TO VALLEY YOUTH THEATRE. VYT REACHED OVER 400 CHILDREN THROUGH OUR SPONSOR A SEAT PROGRAM IN JUNE 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bobb Cooper Producing Artistic Dir. | OfficerTrustee | 60 | $142,400 |
Patrick Vance Vice Chair | OfficerTrustee | 1 | $0 |
Shannon Lijek Vice Chair | OfficerTrustee | 1 | $0 |
Dilek Marsh Secretary | OfficerTrustee | 1 | $0 |
Erin Huston Chair | OfficerTrustee | 1 | $0 |
David Carruth Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $144,808 |
| Related organizations | $0 |
| Government grants | $470,013 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,168,668 |
| Noncash contributions included in lines 1a–1f | $4,006 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,783,489 |
| Total Program Service Revenue | $244,556 |
| Investment income | $4,565 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $30,486 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $10,240 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,073,336 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $300 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $152,488 |
| Compensation of current officers, directors, key employees. | $22,873 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $460,943 |
| Pension plan accruals and contributions | $6,175 |
| Other employee benefits | $30,662 |
| Payroll taxes | $46,390 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $90,153 |
| Advertising and promotion | $31,275 |
| Office expenses | $50,191 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $96,213 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $527 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $62,981 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,201,493 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $580,937 |
| Savings and temporary cash investments | $1,057,574 |
| Pledges and grants receivable | $4,525,999 |
| Accounts receivable, net | $83,107 |
| 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 | $18,433 |
| Net Land, buildings, and equipment | $481,945 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,747,995 |
| Accounts payable and accrued expenses | $58,772 |
| Grants payable | $0 |
| Deferred revenue | $82,685 |
| 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 | $141,457 |
| Net assets without donor restrictions | $6,575,809 |
| Net assets with donor restrictions | $30,729 |
| 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 | $6,747,995 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Valley Youth Theatre has recieved totaling $504,926.
| Awarding Organization | Amount |
|---|---|
Virginia G Piper Charitable Trust 08-11-95 Phoenix, AZ PURPOSE: SUPPORT THE TRUSTEES' NOW IS THE MOMENT CELEBRATION OF OUR COMMUNITY. | $250,000 |
Herberger Foundation Scottsdale, AZ PURPOSE: PERFORMING ARTS FOR YOUTH | $100,000 |
Virginia G Piper Charitable Trust 08-11-95 Phoenix, AZ PURPOSE: SUPPORT NONPROFIT RECOVERY TO OFFSET COVID-19 CRISIS IMPACTS. | $93,750 |
Jewish Community Foundation Of Greater Phoenix Scottsdale, AZ PURPOSE: OPERATIONAL SUPPORT | $25,100 |
Arizona Community Foundation Phoenix, AZ PURPOSE: PROGRAM SUPPORT | $23,500 |
Thunderbirds Charities Phoenix, AZ PURPOSE: AT-RISK YOUTH & FAMILIES | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tuacahn Center For The Arts Ivins, UT | $34,690,918 | $26,402,780 |
Teach Inc Los Angeles, CA | $46,053,689 | $17,904,465 |
Bravo Colorado At Vail-Beaver Creek Vail, CO | $12,788,410 | $9,569,156 |
Transcendence Theater Company Sonoma, CA | $1,498,299 | $4,201,604 |
Foundation For Traditional Cultureinc Mesa, AZ | $308,713 | $3,836,447 |
New Earth Organization Culver City, CA | $3,011,328 | $2,352,178 |
Utah Certified Development Company Ogden, UT | $3,055,296 | $3,200,082 |
Muse-Ique Pasadena, CA | $2,379,427 | $2,164,576 |
Davis Performing Arts Association Centerville, UT | $4,174,799 | $3,299,831 |
Spencer Theater For The Performing Arts Inc Alto, NM | $16,060,098 | $2,857,669 |
A Noise Within Pasadena, CA | $12,904,846 | $2,707,072 |
Grand Performances Los Angeles, CA | $1,649,335 | $1,940,001 |