Skylight Theatre Company is located in Los Angeles, CA. The organization was established in 1986. 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 12/2022, Skylight Theatre Company employed 39 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Skylight Theatre Company 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 12/2022, Skylight Theatre Company generated $615.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $599.5k during the year ending 12/2022. While expenses have increased by 7.4% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO PROMOTE & DEVELOP INTEREST IN THE ARTS THROUGH THE PRESENTATION OF THEATRICAL PERFORMANCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SKYLIGHT THEATRE COMPANY PROVIDES A VOICE AND ARTISTIC OPPORTUNITIES FOR EMERGING PLAYWRIGHTS AND ARTISTS, WE PARTICULARLY SEEK STORIES WRITTEN BY UNDERREPRESENTED PLAYWRIGHTS. IN 2022, WE COMPLETED OUR COLLABORATIVE SEASON PARTNERSHIP WITH ANOTHER LOCAL THEATER COMPANY PRODUCING 2 OF 3 SCHEDULED NEW WORKS (COVID CANCELLED ONE PRODUCTION), AND CONTINUED DEVELOPMENT OF NEW PLAYS (WORKSHOPS, READINGS, DRAMATURGICAL SUPPORT). IN ADDITION TO ASL INTERPRETED PERFORMANCES FOR LA'S DEAF COMMUNITY, WE PROVIDED AFFINITY PERFORMANCES WHICH OFFER A CULTURALLY SPECIFIC VIEWINGS OF THE WORKS, AS WELL AS PANEL AND COMMUNITY DISCUSSIONS WHICH NOT ONLY OFFER UNIQUE PERSPECTIVES AND INFORMATION BUT HELP TO CREATE CONNECTION AND REBUILD AUDIENCES.JAN 2022 WE HIRED A NEW FULL-TIME EXECUTIVE DIRECTOR (PRIOR ED IS MANAGING DIR. PHASING INTO RETIREMENT), AND ENGAGED. AN EXTERNAL CONSULTANCY TO INITIATE A 5-YEAR STRATEGIC PLAN (APPROVED JAN 2023). REFLECTING ON OUR PLACE IN THE THEATRICAL ECOSYSTEM POST-COVID, WE'VE RESTRUCTURED OUR PROGRAMS TO MAKE A DEEPER INVESTMENT IN THE PLAYWRIGHT'S WORK AND CREATIVE PROCESS. CORE PROGRAMS INCLUDE (A) STAGE PRODUCTIONS: DEVELOPMENT AND PRODUCTION OF UNPRODUCED ORIGINAL PLAYS INCLUDING DRAMATURGICAL SUPPORT AND MENTORING; (B) INKUBATOR: FULL SCALE PLAY-DEVELOPMENT WORKSHOPS & ACTOR-CREATOR OPPORTUNITIES; (C) COMMUNITY CONVERSATIONS: FREE IN-PERSON AND ONLINE EVENTS INCLUDING PANELS FOR MARGINALIZED COMMUNITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
FR Gregory Goethals Sj Board Chair | OfficerTrustee | 1 | $0 |
William Slocum Treasurer | OfficerTrustee | 1 | $0 |
Karen Dale Raoul Secretary | OfficerTrustee | 1 | $0 |
Bradford Bancroft Member | Trustee | 1 | $0 |
Gary Grossman President | OfficerTrustee | 37.5 | $68,846 |
Wendy Kout Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $6,575 |
Related organizations | $0 |
Government grants | $349,689 |
All other contributions, gifts, grants, and similar amounts not included above | $189,602 |
Noncash contributions included in lines 1a–1f | $6,575 |
Total Revenue from Contributions, Gifts, Grants & Similar | $545,866 |
Total Program Service Revenue | $30,010 |
Investment income | $593 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $20,305 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $17,759 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $615,338 |
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. | $167,115 |
Compensation of current officers, directors, key employees. | $28,720 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $65,139 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $23,098 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $14,963 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $120,191 |
Advertising and promotion | $2,134 |
Office expenses | $12,142 |
Information technology | $6,262 |
Royalties | $0 |
Occupancy | $103,700 |
Travel | $5,198 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $13,495 |
Insurance | $9,517 |
All other expenses | $0 |
Total functional expenses | $599,511 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $409,051 |
Savings and temporary cash investments | $279 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $844 |
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 | $8,159 |
Net Land, buildings, and equipment | $65,009 |
Investments—publicly traded securities | $25,962 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $509,304 |
Accounts payable and accrued expenses | $8,860 |
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 | $0 |
Unsecured mortgages and notes payable | $125,000 |
Other liabilities | $0 |
Total liabilities | $133,860 |
Net assets without donor restrictions | $375,444 |
Net assets with donor restrictions | $0 |
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 | $509,304 |