American Conservatory Theatre Foundation
- Assets
- $52.9m
- Revenue
- $21.0m
- Investments
- $4.7m
- Employees
- 492
- Location
- San Francisco, CA
- Founding
- 12/1966
- Data as of
- 06/2021
- EIN
- 94-6135772
Organization Overview
American Conservatory Theatre Foundation, operating under the name American Conservatory Theater, is located in San Francisco, CA. The organization was established in 1966. 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 06/2021, American Conservatory Theater employed 492 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Conservatory Theater 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 06/2021, American Conservatory Theater generated $21.0m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $34.9m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ACT FOUNDATION NURTURES THE ART OF LIVE THEATER, ACTOR TRAINING AND COMMUNITY ENGAGEMENT.
Describe the Organization's Program Activity:
ACT FOUNDATION IS NATIONALLY RECOGNIZED FOR ITS GROUNDBREAKING PRODUCTIONS OF CLASSICAL AND CONTEMPORARY PLAYWRITING, AND CELEBRATED ACTOR TRAINING. THE COMPANY PRODUCES CHALLENGING THEATER IN THE RICH CONTEXT OF SYMPOSIA, AUDIENCE DISCUSSIONS AND COMMUNITY INTERACTION.
THE CONSERVATORY SERVES MORE THAN 20,000 STUDENTS EVERY YEAR. IT WAS THE FIRST ACTOR TRAINING PROGRAM IN THE UNITED STATES NOT AFFILIATED WITH A COLLEGE OR UNIVERSITY TO BE ACCREDITED TO AWARD A MASTER OF FINE ARTS DEGREE. DANNY GLOVER, ANNETTE BENING, DENZEL WASHINGTON, BENJAMIN BRATT AND ANIKA NONI ROSE ARE AMONG THE CONSERVATORY'S DISTINGUISHED FORMER STUDENTS. THE EDUCATION AND COMMUNITY EFFORTS REACH STUDENTS IN SCHOOLS AND COMMUNITY CENTERS THROUGHOUT THE BAY AREA.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Bielstein Executive Director & Trustee | OfficerTrustee | 40 | $380,467 |
Pamela Mackinnon Artistic Director & Trustee | OfficerTrustee | 40 | $368,575 |
Caitlin Quinn Director Of Development | Officer | 40 | $253,528 |
Amanda Williams Director Of Hr & Edi | Officer | 40 | $191,830 |
Joan Rosenberg Thru 1120 Director Of Marketing & Communications | Officer | 40 | $168,812 |
Thomas Morgan It Director | Officer | 40 | $161,221 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Armanino Llp Consulting Services For Accounting Softw | 6/29/21 | $240,018 |
Farella Braun & Martel Llp Legal Services | 6/29/21 | $180,893 |
Komorebi Insights Llc Consulting Services For Finance | 6/29/21 | $125,125 |
Dl Capital Llc Dba All City Moving And S Moving | 6/29/21 | $129,481 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $362,753 |
| Related organizations | $0 |
| Government grants | $3,135,344 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,915,720 |
| Noncash contributions included in lines 1a–1f | $598,460 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,413,817 |
| Total Program Service Revenue | $2,935,616 |
| Investment income | $329,571 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$45,150 |
| Net Gain/Loss on Asset Sales | $4,201,114 |
| Net Income from Fundraising Events | -$4,466 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $20,975,914 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $21,385,200 |
| Grants and other assistance to domestic individuals. | $281,300 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,749,316 |
| Compensation of current officers, directors, key employees. | $442,840 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,417,865 |
| Pension plan accruals and contributions | $67,832 |
| Other employee benefits | $543,114 |
| Payroll taxes | $471,446 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $310,163 |
| Fees for services: Accounting | $145,925 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $92,766 |
| Fees for services: Investment Management | $70,536 |
| Fees for services: Other | $0 |
| Advertising and promotion | $378,038 |
| Office expenses | $220,613 |
| Information technology | $383,195 |
| Royalties | $46,362 |
| Occupancy | $1,651,547 |
| Travel | $40,367 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $165,518 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,682,821 |
| Insurance | $216,617 |
| All other expenses | $123,649 |
| Total functional expenses | $34,921,509 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,549,557 |
| Savings and temporary cash investments | $5,596,106 |
| Pledges and grants receivable | $3,883,016 |
| Accounts receivable, net | $1,861,667 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,535,598 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $321,257 |
| Net Land, buildings, and equipment | $15,254,394 |
| Investments—publicly traded securities | $10,335,244 |
| Investments—other securities | $4,707,592 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,838,318 |
| Total assets | $52,882,749 |
| Accounts payable and accrued expenses | $1,571,527 |
| Grants payable | $0 |
| Deferred revenue | $1,913,431 |
| 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 | $1,891,770 |
| Unsecured mortgages and notes payable | $1,647,450 |
| Other liabilities | $1,592,653 |
| Total liabilities | $8,616,831 |
| Net assets without donor restrictions | $18,242,212 |
| Net assets with donor restrictions | $26,023,706 |
| 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 | $52,882,749 |
Grants Recieved
Over the last fiscal year, we have identified 17 grants that American Conservatory Theatre Foundation has recieved totaling $1,072,914.
| Awarding Organization | Amount |
|---|---|
Jewels Of Charity Inc Roseland, NJ PURPOSE: ARTS-ACTOR TRAINING-& PRODUCTIONS | $275,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $222,215 |
Shubert Foundation Inc New York, NY PURPOSE: GENERAL OPERATING | $210,000 |
Koret Foundation San Francisco, CA PURPOSE: PERFORMANCE SUPPORT FOR FREESTYLE LOVE SUPREME | $100,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: ARTS AND CULTURE | $60,250 |
American Endowment Foundation Hudson, OH PURPOSE: ARTS, CULTURE | $57,200 |
Endowment Analysis
| Beg. Balance | $24,292,329 |
| Earnings | $4,795,529 |
| Other Expense | $50,622 |
| Grants | $1,050,000 |
| Ending Balance | $27,987,236 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Conservatory Theatre Foundation San Francisco, CA | $52,882,749 | $20,975,914 |
Oregon Shakespeare Festival Association Ashland, OR | $57,188,884 | $18,740,778 |
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 |