Civic Intelligence

Magenta Theater

990 • Fiscal year 2019 • EIN 33-1040809

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 12, 2020

6400 NE Hwy 99 Suite G Box 160Vancouver, WA 98665

(503) 329-4126

Siviq Scores

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

Liabilities / Assets

86th percentile

0.27x

Higher debt load relative to assets than 86% of similar nonprofits.

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

Liabilities / Revenue

91st percentile

0.39x

Higher debt load relative to revenue than 91% of similar nonprofits.

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

Net Margin

85th percentile

33%

Higher net margin than 85% of similar nonprofits.

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

Top Officer Pay

82nd percentile

$13,745

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 5.1% of source-year revenue.

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

Asset Growth

72nd percentile

20%

Faster asset growth than 72% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2019

Revenue Growth

70th percentile

17%

Faster revenue growth than 70% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2019

Assets

Up

$385,580

Up $164,264 (+74%) from 2016

Net Assets

Up

$280,692

Up $196,623 (+234%) from 2016

Liabilities

Down

$104,888

Down $32,359 (-24%) from 2016

Revenue

Up

$267,961

Up $100,925 (+60%) from 2016

Expenses

Up

$180,596

Up $28,940 (+19%) from 2016

Net Income

Up

$87,365

Up $71,985 (+468%) from 2016

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $23,290Liabilities 2010: $4,504Net Assets 2010: $18,7862010Assets 2011: $26,211Liabilities 2011: $4,965Net Assets 2011: $21,2462011Assets 2012: $36,546Liabilities 2012: $6,090Net Assets 2012: $30,4562012Assets 2013: $37,485Liabilities 2013: $9,725Net Assets 2013: $27,7602013Assets 2014: $60,207Liabilities 2014: $13,830Net Assets 2014: $46,3772014Assets 2015: $81,900Liabilities 2015: $13,211Net Assets 2015: $68,6892015Assets 2016: $221,316Liabilities 2016: $137,247Net Assets 2016: $84,0692016Assets 2019: $385,580Liabilities 2019: $104,888Net Assets 2019: $280,6922019Assets 2020: $336,514Liabilities 2020: $65,916Net Assets 2020: $270,5982020Assets 2021: $420,011Liabilities 2021: $41,276Net Assets 2021: $378,7352021Assets 2022: $416,907Liabilities 2022: $50,805Net Assets 2022: $366,1022022Assets 2023: $431,941Liabilities 2023: $23,252Net Assets 2023: $408,6892023Assets 2024: $434,528Liabilities 2024: $23,603Net Assets 2024: $410,9252024

Highlighted filing

2019

Assets$385,580
Liabilities$104,888
Net Assets$280,692

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2010: $61,528Expenses 2010: $59,439Net Income 2010: $2,0892010Revenue 2011: $65,343Expenses 2011: $62,883Net Income 2011: $2,4602011Revenue 2012: $78,678Expenses 2012: $69,468Net Income 2012: $9,2102012Revenue 2013: $73,920Expenses 2013: $76,618Net Income 2013: -$2,6982013Revenue 2014: $117,049Expenses 2014: $98,433Net Income 2014: $18,6162014Revenue 2015: $114,384Expenses 2015: $99,959Net Income 2015: $14,4252015Revenue 2016: $167,036Expenses 2016: $151,656Net Income 2016: $15,3802016Revenue 2019: $267,961Expenses 2019: $180,596Net Income 2019: $87,3652019Revenue 2020: $124,558Expenses 2020: $134,652Net Income 2020: -$10,0942020Revenue 2021: $241,097Expenses 2021: $137,056Net Income 2021: $104,0412021Revenue 2022: $194,995Expenses 2022: $201,872Net Income 2022: -$6,8772022Revenue 2023: $230,129Expenses 2023: $187,542Net Income 2023: $42,5872023Revenue 2024: $200,756Expenses 2024: $198,520Net Income 2024: $2,2362024

Highlighted filing

2019

Revenue$267,961
Expenses$180,596
Net Income$87,365
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 12, 2020
Return Version
2019v5.0
Gross Receipts
$267,961
Mission and Program Overview

Mission

Magenta Theater's primary purpose is to educate students in theater arts for preparation of using those skills in community theater productions and to present family-friendly community theater productions in the Vancouver/Portland area.

Magenta Theater creates community and entertainment one stage at a time. We are committed to quality performances and to bringing to the stage comedies, mysteries, dramas, and musicals. Magenta encourages creativity through improv theater and promoting education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$150,559$261,112▲ $110,553
Cash and Non-Interest-Bearing Accounts$150,105$124,468▼ $25,637
Accounts Receivable$11,000$0▼ $11,000
Total Assets$311,664$385,580▲ $73,916
Liabilities
Unsecured Notes Loans Payable$83,937$68,431▼ $15,506
Accounts Payable and Accrued Expenses$34,372$36,457▲ $2,085
Total Liabilities$118,309$104,888▼ $13,421
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$124,609$275,072▲ $150,463
Net Assets With Donor Restrictions$68,746$5,620▼ $63,126
Total Net Assets Fund Balance$193,355$280,692▲ $87,337
Total Liabilities and Net Assets / Fund Balance$311,664$385,580▲ $73,916

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Equipment$7,237$6,364$0
Leasehold Improvements$253,875$37,632$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jaynie RobertsBoard President and Artistic DirectorFT$13,746$13,746

Board Members and Trustees

NameTitle
Kristen NoelVice President
Heather GreiffDirector
Katie SkinnerDirector
Linda ReidDirector
Liz GrauerDirector
Tim NeillDirector
Tony ProvenzolaDirector
Steven BullSecretary
Jackie McGreeveyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$86,482
Program Service Revenue
$175,672
Investment Income
$62
Other Revenue
$5,745
All Other Contributions
$86,482
Change in Net Assets
$87,365
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$178,928
Total Fundraising Expense$2,924
Salaries, Compensation, and Employee Benefits$1,668
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$52,808$1,977-$54,785
Fees for Services Other$26,373$9,928$70$36,371
All Other Expenses$12,967$2,530$74$15,571
Fees for Services Management-$13,745-$13,745
Depreciation Depletion-$9,676-$9,676
Insurance$3,665$698-$4,363
Information Technology$1,392$2,166-$3,558
Office Expenses$389$1,985-$2,374
Other Expenses$101$1,807$68$1,908
Other Salaries and Wages$450$1,100-$1,550
Advertising$350$36-$386
Fees for Services Legal-$165-$165
Payroll Taxes$34$84-$118
Total Functional Expenses$130,566$47,106$2,924$180,596
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
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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 A, Line 4

The board of Magenta Theater updated several governing documents in the year 2019

Form 990, Part VI, Section A, Line 9

The Artistic Director, Jaynie Roberts is no longer with Magenta Theater as of June 2020.

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

The Form 990 is reviewed by the Board President and Finance Committee and forwarded to the board of directors.

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

The Board of Directors reviews the conflict of interest policy annually and reviews any issues that my be of concern.

Form 990, Part VI, Section B, Line 15

The Magenta Board of Directors review compensation annually and approves the compensation.

Form 990, Part VI, Section C, Line 19

The Magenta Theater governing documents, conflict of interest policy and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Magenta Theater
EIN
33-1040809
Phone
5033294126
Address
6400 NE Hwy 99 Suite G Box 160, Vancouver, WA 98665

Signing Officer

Name
Jackie McGreevey
Title
Treasurer
Phone
3609104544
Signed
2020-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tim Neill
Formed
2002
Legal Domicile
Wa
Voting Board Members
10
Independent Board Members
10
Employees
2
Volunteers
50

Preparer

Firm
For A Song LLC
Address
PO Box 455, Ridgefield, WA 98642
Preparer
Jackie McGreevey
Phone
3609104544
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Magenta Theater pays stipends to professional that are involved with putting on the productions. For example, Directors of Main Stage shows, Choreographer, Set Design, Sound Technician et.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1267
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt285
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt31807
IRS990/OtherExpensesGrp/ProgramServicesAmt025184
IRS990/OtherExpensesGrp/ProgramServicesAmt13576
IRS990/OtherExpensesGrp/ProgramServicesAmt23277
IRS990/OtherExpensesGrp/ProgramServicesAmt3101
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IRS990/OtherExpensesGrp/TotalAmt13911
IRS990/OtherExpensesGrp/TotalAmt23362
IRS990/OtherExpensesGrp/TotalAmt31908
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01100
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0450
IRS990/OtherSalariesAndWagesGrp/TotalAmt01550
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt084
IRS990/PayrollTaxesGrp/ProgramServicesAmt034
IRS990/PayrollTaxesGrp/TotalAmt0118
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Tim Neill
IRS990/PriorPeriodAdjustmentsAmt0-28
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0711110
IRS990/ProgramServiceRevenueGrp/BusinessCd1711110
IRS990/ProgramServiceRevenueGrp/BusinessCd2711110
IRS990/ProgramServiceRevenueGrp/BusinessCd3711110
IRS990/ProgramServiceRevenueGrp/Desc0Ticket Sales
IRS990/ProgramServiceRevenueGrp/Desc1Tuition Academy
IRS990/ProgramServiceRevenueGrp/Desc2Concessions
IRS990/ProgramServiceRevenueGrp/Desc3All other program service income
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/ExclusionAmt30
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0151014
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt16170
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt217039
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt31449
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0151014
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt16170
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt217039
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31449
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt30
IRS990/ProgSrvcAccomActy2Grp/Desc0Magenta Improv Theater MIT - MIT has a team of dedicated improv actors who perform 7-8 shows per year. Additionally, MIT does off site functions and performances. Improv helps actors, volunteers and non-theatrical people gain confidence in public situations as well as being very entertaining for our community audiences.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt04399
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt010365
IRS990/ProgSrvcAccomActy3Grp/Desc0MAGENTOTS - Magenta's MagenTOTS shows are based on your favorite fairy tales, fables, and books. Productions feature interactive elements, audience participation, and a special autograph and photo session with the actors post show. MagenTOTS productions are geared toward children aged 4-10.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt02521
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt03123
IRS990/ProgSrvcAccomActyOtherGrp/Desc0BLACK CHAIR PROJECT - The Black Chair Project is comprised of staged readings. Oftentimes, actors who are inconsistent with their line memorization or physical skills, can participate in this project. There are five rehearsals, one performance and minimal staging. Expenses - $1,471. ACADEMY -Magenta Theater Academy provides classes for adults that reside in the Vancouver and Portland area communities. We strongly believe in the power of this collaborative art form to build discipline, engage teamwork, develop confidence, and foster both creative and critical thinking skills. Expenses $4491. Other programs including Rock Choir etc - Expenses $38,627
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt044589
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt024893
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYContributionsGrantsAmt058584
IRS990/PYExcessBenefitTransInd00
IRS990/PYInvestmentIncomeAmt055
IRS990/PYOtherExpensesAmt0156316
IRS990/PYProgramServiceRevenueAmt0177991
IRS990/PYRevenuesLessExpensesAmt080314
IRS990/PYTotalExpensesAmt0156316
IRS990/PYTotalRevenueAmt0236630
IRS990/ReconcilationRevenueExpnssAmt087365
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt05745
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
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IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0267961
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0236630
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0157176
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0132972
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt099180
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0893919
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01
IRS990ScheduleA/PublicSupportPY170Pct01
IRS990ScheduleA/PublicSupportTotal170Amt0893919
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0236630
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0157176
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt099180
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt00
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt07237
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06364
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt013601
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0253875
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt037632
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0291507
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0261112
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.35$0.24$4.11$2.01$1.99$0.02
2023Detailed filing. Detailed filing data is available for this year.$4.32$0.23$4.09$2.30$1.88$0.43
2022Detailed filing. Detailed filing data is available for this year.$4.17$0.51$3.66$1.95$2.02$0.07
2021Detailed filing. Detailed filing data is available for this year.$4.20$0.41$3.79$2.41$1.37$1.04
2020Detailed filing. Detailed filing data is available for this year.$3.37$0.66$2.71$1.25$1.35$0.10
2019Detailed filing. Detailed filing data is available for this year.$3.86$1.05$2.81$2.68$1.81$0.87
2016Detailed filing. Detailed filing data is available for this year.$2.21$1.37$0.84$1.67$1.52$0.15
2015Detailed filing. Detailed filing data is available for this year.$0.82$0.13$0.69$1.14$1.00$0.14
2014Detailed filing. Detailed filing data is available for this year.$0.60$0.14$0.46$1.17$0.98$0.19
2013Detailed filing. Detailed filing data is available for this year.$0.37$0.10$0.28$0.74$0.77$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.06$0.30$0.79$0.69$0.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.05$0.21$0.65$0.63$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.23$0.05$0.19$0.62$0.59$0.02