Abt Performing Arts Association Inc
- Assets
- $3.4m
- Revenue
- $5.6m
- Investments
- $0.0
- Employees
- 172
- Location
- Peoria, AZ
- Founding
- 03/2008
- Data as of
- 09/2021
- EIN
- 87-0794123
Organization Overview
Abt Performing Arts Association Inc is located in Peoria, AZ. The organization was established in 2008. 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 09/2021, Abt Performing Arts Association Inc employed 172 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Abt Performing Arts Association Inc 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 09/2021, Abt Performing Arts Association Inc generated $5.6m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $3.0m during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (10.8%) 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
ABT PERFORMING ARTS ASSOCIATION ENRICHES LIVES THROUGH THE POWER OF THE PERFORMING ARTS BY PRODUCING LIVE THEATRE & OTHER HIGH QUALITY ENTERTAINMENT. LIVE PERFORMANCES INCLUDE BROADWAY MUSICALS, CONCERTS, PLAYS AND THEATRE FOR YOUNG AUDIENCES, TO INTRODUCE & INSPIRE THE YOUNG TO DEVELOP AN APPRECIATION FOR THE PERFORMING ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ABT PERFORMING ARTS ASSOCIATION, INC. (ABT) ENRICHES LIVES THROUGH THE POWER OF THE PERFORMING ARTS BY PRODUCING LIVE THEATRE AND OTHER HIGH QUALITY ENTERTAINMENT. LIVE THEATRE INCLUDES PERFORMANCES OF BROADWAY MUSICALS AND PLAYS, PERFORMANCES TARGETED TOWARD CHILDREN, THE ACADEMY FOR YOUNG PERFORMERS WHICH INTRODUCES, INSTILLS AND INSPIRES YOUNG PEOPLE TO DEVELOP AN APPRECIATION FOR THE PERFORMING ARTS THROUGH EDUCATION AND EXPLORATION OF THEATRE SKILLS, AND HYREV WHICH ENRICHES PERFORMANCE SKILLS OF TEENAGERS AS THEY WORK TOGETHER AS A TEAM. DURING THE YEAR ENDED SEPTEMBER 30, 2021, 27,000 PATRONS ATTENDED 42 DIFFERENT MUSICALS, CONCERTS AND SPECIAL EVENTS OFFERED AT ARIZONA BROADWAY THEATRE. THESE PERFORMANCES INCLUDED 9 MUSICALS ON THE MAIN STAGE AND IN THE SMALLER ENCORE ROOM, 29 CONCERTS, PLAYS AND SPECIAL EVENTS, AND 4 HOLIDAY CHARACTER BREAKFASTS FOR CHILDREN. DUE TO THE COVID 19 PANDEMIC, ATTENDANCE WAS SIGNIFICANTLY REDUCED WITH NO MAJOR SHOWS STAGED FROM OCTOBER-DECEMBER 2020 AND ALLOWED MAXIMUM ATTENDANCE RESTRICTED DURING THE REMAINDER OF THE FISCAL YEAR. FOR COMPARISON PURPOSES, DURING THE YEAR ENDED SEPTEMBER 30, 2019 OVER 92,000 PATRONS WERE IN ATTENDANCE COMPARED TO 28,000 IN ATTENDANCE DURING THE FISCAL YEAR ENDED SEPTEMBER 30, 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kiel Klaphake CEO | Officer | 40 | $99,686 |
Barbara Wiswall CFO | Officer | 40 | $84,657 |
Nancy Metzger Secretary | OfficerTrustee | 5 | $0 |
Dr Janet Maurer Vice-President | OfficerTrustee | 3 | $0 |
Kristin Wurr President | OfficerTrustee | 6 | $0 |
Dr Kathleen Goeppinger Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,572,580 |
| All other contributions, gifts, grants, and similar amounts not included above | $302,547 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,875,127 |
| Total Program Service Revenue | $2,157,546 |
| Investment income | $13,910 |
| 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 | $5,585,443 |
| 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. | $201,488 |
| Compensation of current officers, directors, key employees. | $164,787 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $724,375 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $93,047 |
| Payroll taxes | $132,627 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,982 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,300 |
| Fees for services: Other | $188,666 |
| Advertising and promotion | $94,735 |
| Office expenses | $22,244 |
| Information technology | $28,513 |
| Royalties | $86,373 |
| Occupancy | $694,533 |
| Travel | $10,414 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,661 |
| Interest | $9,482 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $74,482 |
| Insurance | $37,446 |
| All other expenses | $15,459 |
| Total functional expenses | $3,022,703 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $658,211 |
| Savings and temporary cash investments | $2,055,918 |
| Pledges and grants receivable | $36,849 |
| Accounts receivable, net | $36,886 |
| Loans from Officers, Directors, or Controlling Persons | $3,617 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $60,015 |
| Prepaid expenses and deferred charges | $112,042 |
| Net Land, buildings, and equipment | $376,053 |
| Investments—publicly traded securities | $64,554 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,404,145 |
| Accounts payable and accrued expenses | $251,568 |
| Grants payable | $0 |
| Deferred revenue | $2,338,906 |
| 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 | $42,076 |
| Other liabilities | $0 |
| Total liabilities | $2,632,550 |
| Net assets without donor restrictions | $749,995 |
| Net assets with donor restrictions | $21,600 |
| 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 | $3,404,145 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Abt Performing Arts Association Inc has recieved totaling $2,856.
| Awarding Organization | Amount |
|---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $92 |
American Express Foundation New York, NY PURPOSE: GENERAL SUPPORT | $66 |
American Express Foundation New York, NY PURPOSE: GENERAL SUPPORT | $66 |
American Express Foundation New York, NY PURPOSE: GENERAL SUPPORT | $66 |
American Express Foundation New York, NY PURPOSE: GENERAL SUPPORT | $44 |
Endowment Analysis
| Beg. Balance | $21,621 |
| Earnings | $564 |
| Ending Balance | $22,185 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Old Globe Theatre San Diego, CA | $79,168,056 | $16,473,770 |
Geffen Playhouse Inc Los Angeles, CA | $33,029,635 | $21,063,113 |
Center Theatre Group Of Los Angeles Los Angeles, CA | $93,308,392 | $15,777,431 |
Theatre & Arts Foundation Of San Diego County La Jolla, CA | $96,134,792 | $15,790,250 |
Berkeley Repertory Theatre Berkeley, CA | $78,284,133 | $11,370,014 |
Phoenix Theatre Inc Phoenix, AZ | $21,212,066 | $8,604,934 |
Theatreworks Silicon Valley Redwood City, CA | $8,373,819 | $8,187,041 |
South Coast Repertory Inc Costa Mesa, CA | $83,774,342 | $5,710,509 |
Arizona Theatre Company Tucson, AZ | $5,166,004 | $10,001,507 |
Rialto Theatre Foundation Tucson, AZ | $5,053,009 | $7,645,173 |
Theatre For Children Inc Sacramento, CA | $27,810,781 | $2,930,921 |
San Diego Theatres Inc San Diego, CA | $13,376,432 | $3,525,409 |