Civic Intelligence

The Theater Bug Inc

990 • Fiscal year 2019 • EIN 27-4141181

Jul 01, 2018 to Jun 30, 2019 • Filed on Mar 14, 2020

P O Box 150329Nashville, TN 37215

(615) 423-4626

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

25th percentile

-9.2%

Higher net margin than 25% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

87th percentile

$29,952

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 19.8% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Assets

$46,909

No earlier filing loaded for comparison.

Net Assets

$46,909

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$151,627

No earlier filing loaded for comparison.

Expenses

$165,532

No earlier filing loaded for comparison.

Net Income

-$13,905

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2019: $46,909Liabilities 2019: $0Net Assets 2019: $46,9092019Assets 2020: $176,099Liabilities 2020: $0Net Assets 2020: $176,0992020Assets 2021: $279,261Liabilities 2021: $0Net Assets 2021: $279,2612021Assets 2022: $197,465Liabilities 2022: $0Net Assets 2022: $197,4652022Assets 2023: $280,453Liabilities 2023: $0Net Assets 2023: $280,4532023Assets 2024: $413,454Liabilities 2024: $0Net Assets 2024: $413,4542024

Highlighted filing

2019

Assets$46,909
Liabilities$0
Net Assets$46,909

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2019: $151,627Expenses 2019: $165,532Net Income 2019: -$13,9052019Revenue 2020: $362,975Expenses 2020: $233,785Net Income 2020: $129,1902020Revenue 2021: $286,132Expenses 2021: $182,970Net Income 2021: $103,1622021Revenue 2022: $368,512Expenses 2022: $450,308Net Income 2022: -$81,7962022Revenue 2023: $492,869Expenses 2023: $409,881Net Income 2023: $82,9882023Revenue 2024: $738,869Expenses 2024: $604,524Net Income 2024: $134,3452024

Highlighted filing

2019

Revenue$151,627
Expenses$165,532
Net Income-$13,905
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Mar 14, 2020
Return Version
2018v3.1
Gross Receipts
$159,972
Mission and Program Overview

Mission

Inspire young people to create community and build confidence - encouraging them through educational experiences in the performing arts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$60,814$46,909▼ $13,905
Rtn Earn Endowment Incm Other Fnds$60,814$46,909▼ $13,905
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$60,814$46,909▼ $13,905
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$60,814$46,909▼ $13,905
Total Liabilities and Net Assets / Fund Balance$60,814$46,909▼ $13,905

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$15,836$15,836
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Cori Anne LaemmelArtistic DirectorPT$29,952$29,952

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$71,876
Program Service Revenue
$70,101
Investment Income
$0
Other Revenue
$9,650
All Other Contributions
$39,296
Change in Net Assets
$-13,905
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$133,917
Salaries, Compensation, and Employee Benefits$31,084
Grants and Similar Amounts Paid$531
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$66,580$100-$66,680
Current Officers, Directors, Trustees, and Key Employees$29,952--$29,952
Occupancy$16,856--$16,856
Depreciation Depletion$15,836--$15,836
Advertising-$5,635-$5,635
Other Expenses$1,617--$1,617
All Other Expenses$1,086$230-$1,316
Insurance-$1,181-$1,181
Payroll Taxes$1,132--$1,132
Grants to Domestic Orgs$531--$531
Royalties$300--$300
Fees for Services Accounting$250--$250
Total Functional Expenses$158,386$7,146$0$165,532
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

Each board member is provided a copy of the 990 a to review the form before it is filed with the IRS.

Form 990, Part VI, Section B, line 12C

Periodic reviews are undertaken to insure the organization operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status. Each director, principal officer and members of all committees with governing board-delegated powers shall periodically sign a statement, which affirms such person: 1. Has received a copy of the conflicts of interest policy, 2. Has read and understands the policy, 3. Has agreed to comply with the policy, and 4. Understands that The Theater Bug, Inc. is charitable and in order to maintain its federal tax exemption it must engage primarily in activities that accomplish one or more of its tax-exempt purposes.

Form 990, Part VI, Section C, line 19

Copies of governing documents, financial statements, and other policies are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Theater Bug Inc
EIN
27-4141181
Phone
6154234626
Address
P O Box 150329, Nashville, TN 37215

Signing Officer

Name
Stephanie Rome
Title
President
Phone
6158187358
Signed
2020-03-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephanie Rome
Formed
2011
Legal Domicile
Tn
Voting Board Members
14
Independent Board Members
14
Employees
1
Volunteers
100

Preparer

Firm
Alice Crafts CPA LLC
Address
4525 Harding Pike Suite 200, Nashville, TN 37205
Preparer
Alice Crafts CPA LLC
Phone
6153310500
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

Teachers: Program service expenses 1600. Management and general expenses 0. Fundraising expenses 0. Total expenses 1600. Interns: Program service expenses 3073. Management and general expenses 0. Fundraising expenses 0. Total expenses 3073. Band: Program service expenses 5460. Management and general expenses 0. Fundraising expenses 0. Total expenses 5460. Production: Program service expenses 1495. Management and general expenses 0. Fundraising expenses 0. Total expenses 1495. Set Designer: Program service expenses 500. Management and general expenses 0. Fundraising expenses 0. Total expenses 500. Costumer: Program service expenses 1300. Management and general expenses 0. Fundraising expenses 0. Total expenses 1300. Sound: Program service expenses 2550. Management and general expenses 0. Fundraising expenses 0. Total expenses 2550. Lights: Program service expenses 1100. Management and general expenses 0. Fundraising expenses 0. Total expenses 1100. Actors: Program service expenses 1575. Management and general expenses 0. Fundraising expenses 0. Total expenses 1575. Director: Program service expenses 5616. Management and general expenses 0. Fundraising expenses 0. Total expenses 5616. Choreographer: Program service expenses 3550. Management and general expenses 0. Fundraising expenses 0. Total expenses 3550. Stage Manager: Program service expenses 5820. Management and general expenses 0. Fundraising expenses 0. Total expenses 5820. Administrative: Program service expenses 20256. Management and general expenses 0. Fundraising expenses 0. Total expenses 20256. Music Director: Program service expenses 4590. Management and general expenses 0. Fundraising expenses 0. Total expenses 4590. Tech Director: Program service expenses 4400. Management and general expenses 0. Fundraising expenses 0. Total expenses 4400. Assistant Director: Program service expenses 2270. Management and general expenses 0. Fundraising expenses 0. Total expenses 2270. Props Master: Program service expenses 600. Management and general expenses 0. Fundraising expenses 0. Total expenses 600. Score: Program service expenses 500. Management and general expenses 0. Fundraising expenses 0. Total expenses 500. Videographer: Program service expenses 325. Management and general expenses 0. Fundraising expenses 0. Total expenses 325. Other: Program service expenses 0. Management and general expenses 100. Fundraising expenses 0. Total expenses 100.

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IRS990/Desc0"You're Still Here" was performed in July, 2018. This was an original play about grief. The show was presented in partnership with Alive Hospice Grief. There were 6 public performances that served 1211 audience members. We had 28 young actors in the show as well as 2 adult professionals. Our Winter Concert was in December, 2018. This was our 7th annual winter concert that served 55 students and 1061 audience members. "Secondhand Wings" was performed in February, 2019. This was an original play in partnership with The Rainbow Squad, a non-profit LGBTQIA+ organization for middle schoolers. The how was an allegory about trans youth and was very well received. The show engaged 41 students and served an audience of 1131.William Shakespear's "Much Ado About Nothing" was roduced by The Theater Bug. The show was guest directed by Santiago Sosa. There were 7 students in the cast and 1077 audience members were in attendance."Summer Musical Theater Workshop" was produced in May,2018 as the start of our summer programming. The workshop provided an educational opportunity to learn about musical theater through scenes and songs from past Theater Bug shows. The workshop served 33 students.
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IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01515
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0183360
IRS990/PYOtherRevenueAmt02767
IRS990/PYProgramServiceRevenueAmt082182
IRS990/PYRevenuesLessExpensesAmt020496
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0184875
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0205371
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-13905
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt079751
IRS990/RoyaltiesGrp/ProgramServicesAmt0300
IRS990/RoyaltiesGrp/TotalAmt0300
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt060814
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt046909
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt071876
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0125871
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt062761
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt015259
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt014166
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0289933
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt088096
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0100289
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt092508
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt048668
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt069188
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0398749
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0688682
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0159972
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0226160
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0155269
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt063927
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt083354
IRS990ScheduleA/Total509Grp/TotalAmt0688682
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0159972
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0226160
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0155269
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt063927
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt083354
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0688682
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt015836
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt015836
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Each board member is provided a copy of the 990 a to review the form before it is filed with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Periodic reviews are undertaken to insure the organization operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status. Each director, principal officer and members of all committees with governing board-delegated powers shall periodically sign a statement, which affirms such person: 1. Has received a copy of the conflicts of interest policy, 2. Has read and understands the policy, 3. Has agreed to comply with the policy, and 4. Understands that The Theater Bug, Inc. is charitable and in order to maintain its federal tax exemption it must engage primarily in activities that accomplish one or more of its tax-exempt purposes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Copies of governing documents, financial statements, and other policies are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Teachers: Program service expenses 1600. Management and general expenses 0. Fundraising expenses 0. Total expenses 1600. Interns: Program service expenses 3073. Management and general expenses 0. Fundraising expenses 0. Total expenses 3073. Band: Program service expenses 5460. Management and general expenses 0. Fundraising expenses 0. Total expenses 5460. Production: Program service expenses 1495. Management and general expenses 0. Fundraising expenses 0. Total expenses 1495. Set Designer: Program service expenses 500. Management and general expenses 0. Fundraising expenses 0. Total expenses 500. Costumer: Program service expenses 1300. Management and general expenses 0. Fundraising expenses 0. Total expenses 1300. Sound: Program service expenses 2550. Management and general expenses 0. Fundraising expenses 0. Total expenses 2550. Lights: Program service expenses 1100. Management and general expenses 0. Fundraising expenses 0. Total expenses 1100. Actors: Program service expenses 1575. Management and general expenses 0. Fundraising expenses 0. Total expenses 1575. Director: Program service expenses 5616. Management and general expenses 0. Fundraising expenses 0. Total expenses 5616. Choreographer: Program service expenses 3550. Management and general expenses 0. Fundraising expenses 0. Total expenses 3550. Stage Manager: Program service expenses 5820. Management and general expenses 0. Fundraising expenses 0. Total expenses 5820. Administrative: Program service expenses 20256. Management and general expenses 0. Fundraising expenses 0. Total expenses 20256. Music Director: Program service expenses 4590. Management and general expenses 0. Fundraising expenses 0. Total expenses 4590. Tech Director: Program service expenses 4400. Management and general expenses 0. Fundraising expenses 0. Total expenses 4400. Assistant Director: Program service expenses 2270. Management and general expenses 0. Fundraising expenses 0. Total expenses 2270. Props Master: Program service expenses 600. Management and general expenses 0. Fundraising expenses 0. Total expenses 600. Score: Program service expenses 500. Management and general expenses 0. Fundraising expenses 0. Total expenses 500. Videographer: Program service expenses 325. Management and general expenses 0. Fundraising expenses 0. Total expenses 325. Other: Program service expenses 0. Management and general expenses 100. Fundraising expenses 0. Total expenses 100.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, line 11g
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxableDistributionsInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt060814
IRS990/TotalAssetsEOYAmt046909
IRS990/TotalAssetsGrp/BOYAmt060814
IRS990/TotalAssetsGrp/EOYAmt046909
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt071876
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt07146
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0158386
IRS990/TotalFunctionalExpensesGrp/TotalAmt0165532
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt060814
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt046909
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0158386
IRS990/TotalProgramServiceRevenueAmt070101
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt079751
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0151627
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0100
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt060814
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt046909
IRS990/TotReportableCompRltdOrgAmt029952
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00

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