Civic Intelligence

Association of Performing Arts Professionals Inc

EIN 39-1131995 • 501(c)3 • Washington, DC

Profile

The Association of Performing Arts Presenters develops and support a robust performing arts presenting field and the professionals who work in it.

919 18th Street NW 650Washington, DC 20006

www.artspresenters.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

76th percentile

0.43x

Higher debt load relative to assets than 76% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

79th percentile

0.66x

Higher debt load relative to revenue than 79% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

23rd percentile

-7.2%

Higher net margin than 23% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

78th percentile

$222,200

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 6.3% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

14th percentile

-9.0%

Faster asset growth than 14% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

49th percentile

6.6%

Faster revenue growth than 49% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Down

$5,458,618

Down $537,711 (-9.0%) from 2023

Liabilities

Down

$2,332,852

Down $407,292 (-15%) from 2023

Net Assets

Down

$3,125,766

Down $130,419 (-4.0%) from 2023

Revenue

Up

$3,530,938

Up $220,065 (+6.6%) from 2023

Expenses

Up

$3,784,662

Up $345,749 (+10%) from 2023

Net Income

Down

-$253,724

Down $125,684 (-98%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $4,194,359Liabilities 2011: $1,540,524Net Assets 2011: $2,653,8352011Assets 2012: $3,768,792Liabilities 2012: $1,316,914Net Assets 2012: $2,451,8782012Assets 2013: $5,445,304Liabilities 2013: $863,086Net Assets 2013: $4,582,2182013Assets 2014: $4,759,536Liabilities 2014: $1,560,335Net Assets 2014: $3,199,2012014Assets 2015: $4,130,704Liabilities 2015: $1,095,763Net Assets 2015: $3,034,9412015Assets 2016: $5,838,619Liabilities 2016: $966,297Net Assets 2016: $4,872,3222016Assets 2017: $4,846,938Liabilities 2017: $1,414,166Net Assets 2017: $3,432,7722017Assets 2018: $4,394,943Liabilities 2018: $1,193,766Net Assets 2018: $3,201,1772018Assets 2019: $3,657,882Liabilities 2019: $981,909Net Assets 2019: $2,675,9732019Assets 2020: $3,525,998Liabilities 2020: $837,262Net Assets 2020: $2,688,7362020Assets 2021: $3,649,777Liabilities 2021: $791,259Net Assets 2021: $2,858,5182021Assets 2022: $6,114,148Liabilities 2022: $2,841,923Net Assets 2022: $3,272,2252022Assets 2023: $5,996,329Liabilities 2023: $2,740,144Net Assets 2023: $3,256,1852023Assets 2024: $5,458,618Liabilities 2024: $2,332,852Net Assets 2024: $3,125,7662024

Highlighted filing

2024

Assets$5,458,618
Liabilities$2,332,852
Net Assets$3,125,766

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $5,104,5842011Expenses 2012: $4,012,8842012Revenue 2013: $5,871,483Expenses 2013: $3,823,850Net Income 2013: $2,047,6332013Revenue 2014: $4,020,423Expenses 2014: $5,527,172Net Income 2014: -$1,506,7492014Revenue 2015: $4,188,751Expenses 2015: $4,315,260Net Income 2015: -$126,5092015Revenue 2016: $6,456,970Expenses 2016: $4,557,652Net Income 2016: $1,899,3182016Revenue 2017: $4,269,643Expenses 2017: $5,793,329Net Income 2017: -$1,523,6862017Revenue 2018: $4,054,702Expenses 2018: $4,335,167Net Income 2018: -$280,4652018Revenue 2019: $3,779,791Expenses 2019: $4,319,373Net Income 2019: -$539,5822019Revenue 2020: $4,180,317Expenses 2020: $4,092,133Net Income 2020: $88,1842020Revenue 2021: $1,953,774Expenses 2021: $2,062,561Net Income 2021: -$108,7872021Revenue 2022: $5,520,390Expenses 2022: $4,850,897Net Income 2022: $669,4932022Revenue 2023: $3,310,873Expenses 2023: $3,438,913Net Income 2023: -$128,0402023Revenue 2024: $3,530,938Expenses 2024: $3,784,662Net Income 2024: -$253,7242024

Highlighted filing

2024

Revenue$3,530,938
Expenses$3,784,662
Net Income-$253,724

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.46$2.33$3.13$3.53$3.78$0.25
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.00$2.74$3.26$3.31$3.44$0.13
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.11$2.84$3.27$5.52$4.85$0.67
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.65$0.79$2.86$1.95$2.06$0.11
2020Detailed filing. Detailed filing data is available for this year.$3.53$0.84$2.69$4.18$4.09$0.09
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.66$0.98$2.68$3.78$4.32$0.54
2018Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$4.39$1.19$3.20$4.05$4.34$0.28
2017Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$4.85$1.41$3.43$4.27$5.79$1.52
2016Detailed filing. Detailed filing data is available for this year.$5.84$0.97$4.87$6.46$4.56$1.90
2015Detailed filing. Detailed filing data is available for this year.$4.13$1.10$3.03$4.19$4.32$0.13
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.76$1.56$3.20$4.02$5.53$1.51
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$5.45$0.86$4.58$5.87$3.82$2.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.77$1.32$2.45$4.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.19$1.54$2.65$5.10
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$3,530,938
Mission and Program Overview

Mission

The Association of Performing Arts Professionals develops and supports a robust performing art presenting, booking, and touring field and the professionals who work in it.

The association of performing arts professionals develops and support a robust performing arts presenting field and the professionals who work in it.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,954,671$2,136,605▲ $181,934
Cash and Non-Interest-Bearing Accounts$2,109,187$1,610,818▼ $498,369
Pledges and Grants Receivable$276,091$286,650▲ $10,559
Prepaid Expenses and Deferred Charges$49,610$42,218▼ $7,392
Accounts Receivable$40,218$25,912▼ $14,306
Land, Buildings, and Equipment, Net$16,039$20,717▲ $4,678
Total Assets$5,996,329$5,458,618▼ $537,711
Other Assets Total$1,550,513$1,335,698▼ $214,815
Liabilities
Other Liabilities$1,773,323$1,552,280▼ $221,043
Deferred Revenue$412,647$467,472▲ $54,825
Accounts Payable and Accrued Expenses$496,224$295,713▼ $200,511
Grants Payable$57,950$17,387▼ $40,563
Total Liabilities$2,740,144$2,332,852▼ $407,292
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,982,984$1,715,992▼ $266,992
Net Assets Without Donor Restrictions$1,273,201$1,409,774▲ $136,573
Total Net Assets Fund Balance$3,256,185$3,125,766▼ $130,419
Total Liabilities and Net Assets / Fund Balance$5,996,329$5,458,618▼ $537,711

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$20,717$917,536-
Other Assets Org$1,312,958--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$1,278,556-▲ $147,468$58,292$1,367,732
2023$1,172,443$150▲ $118,643$12,680$1,278,556
2022$1,388,104$220▼ $196,666$19,215$1,172,443
2021$1,090,080$100▲ $341,449$43,525$1,388,104
2020$1,130,908-▲ $2,697$43,525$1,090,080
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lisa RichardsPresident & CEOFT$222,200$222,200
Niiyo Narnor-madisonDirector of Operations and EventsFT$123,312$123,312
Krista BradleyDirector, Programs & ResourcesFT$108,220$108,220

Highest Paid Contractors

ContractorServicesLocationCompensation
New York Hilton MidtownAnnual Conference Hotel1335 AVENUE OF THE AMERICAS, New York, NY 10019$430,878
Epic 919 LLCRent15 WATTS STREET 5TH FLOOR, New York, NY 10013$268,777
Global Experience Specialists INCExhibition & Event Services7000 SOUTH LINDELL ROAD, Las Vegas, NV 89118$120,091
Ams Analytics LLCConsulting Services107 JOHN STREET, Southport, CT 06890$112,000
Revenue and Support

Revenue Composition

Contributions and Grants
$1,649,422
Program Service Revenue
$1,662,381
Investment Income
$73,429
Other Revenue
$145,706
All Other Contributions
$760,765
Change in Net Assets
$-253,724

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,530,938
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$123,305
Total Revenue per Audited Statements
$3,654,243
Total Revenue per Form 990
$3,530,938
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,520,507
Salaries, Compensation, and Employee Benefits$1,264,155
Total Fundraising Expense$186,297
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$432,218$235,415$65,730$733,363
Fees for Services Other$405,430$138,395$5,764$549,589
Conferences and Meetings$507,349$1,516$423$509,288
Current Officers, Directors, Trustees, and Key Employees$267,414$145,651$40,667$453,732
Information Technology$247,625$50,456$14,088$312,169
Occupancy$146,531$79,811$22,284$248,626
Office Expenses$92,241$22,383$6,250$120,874
Travel$103,052$11,006$3,073$117,131
Fees for Services Legal$58,195$31,697$8,850$98,742
Payroll Taxes$47,157$25,685$7,171$80,013
Fees for Services Accounting$17,386$9,470$2,644$29,500
Other Expenses$28,750$18,257$5,098$28,750
Depreciation Depletion$9,452$5,150$1,435$16,037
All Other Expenses$12,718--$12,718
Insurance$6,850$3,731$1,042$11,623
Other Employee Benefits$-1,740$-948$-265$-2,953
Total Functional Expenses$2,813,373$784,992$186,297$3,784,662

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,784,662
Total Expenses per Audited Statements$3,784,662
Total Expenses per Form 990$3,784,662
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Payable$1,552,280
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The association shall have two categories of members: (i) voting members and (ii) nonvoting members. Voting membership in the association shall be open to any individual or organization that operates in the performing arts, presenting or touring industries. Additional membership classifications shall be determined by the board of directors. Each voting member shall be entitled to one voting representative. Each voting representative shall have one vote upon each distinct matter included as an agenda item in a written ballot and/or submitted to a vote at meetings of the members as provided herein. All other representatives shall have the privilege of the floor but shall not be entitled to vote at meetings of the members. The board of directors shall have the power to set dues for one or more categories of membership and may vary the amount of dues among such categories of members. However, dues set for members must be subsequently ratified by a simple majority of the voting members represented at a regular or special meeting of the members as set forth herein.

Form 990, Part VI, Section A, Line 7A

The association has members who have the power to elect one or more members of the governing body.

Form 990, Part VI, Section A, Line 7B

There are a couple of decisions that are made by the governing body which are subject to member approval in accordance with the association's bylaws. Those decisions are in regard to changes to membership dues or changes to the association's bylaws. These two types of decisions, once made by the governing board, are subject to member ratification. Members must vote and approve any such changes as described herein.

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

A copy of the form 990 is circulated to the association's board chair, board treasurer and president & ceo for review. Upon finalization/approval, the form 990 is signed by the president & ceo.

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

The association of performing arts professionals has a conflict of interest statement which is signed by board members annually. The conflict of interest statement was most recently updated in 2009. The staff is currently in the process of canvassing the members of the board of directors on any areas of potential conflict.

Form 990, Part VI, Section B, Line 15

Arts professionals president and ceo's annual performance evaluation is conducted prior to the end of each fiscal year. The typical review process involves the president and ceo's self assessment in response to a set of priorities and annual operating plan established by the board of directors along with the annual unaudited financial statement. The executive committee reviews the ceo's performance on the accomplishments and challenges of the previous year. The recommendation to continue the ceo written employment contract is based on the executive committee's assessment of the president and ceo and approval by the board. The president and ceo tracks and monitors the progress through weekly conference calls with the executive committee.

Form 990, Part VI, Section C, Line 19

The association makes its governing documents and conflict of interest policy available to the public upon request. The association makes its audited financial statements available to the public on its website.

Filing and Contact Details

Filer

Filer Name
Association of Performing Arts
EIN
39-1131995
Phone
2028332787
Address
919 18TH STREET NW 650, WASHINGTON, DC 20006

Signing Officer

Name
Lisa Richards
Title
President and CEO
Phone
2022073855
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lisa Richards
Formed
1957
Legal Domicile
Wi
Voting Board Members
25
Independent Board Members
20
Employees
0
Volunteers
50

Preparer

Firm
Sb & Company LLC
Address
10200 GRAND CENTRAL AVE SUITE 250, OWINGS MILLS, MD 21117
Preparer
Stephen Mackall
Phone
4105842218
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other services: program service expenses 405,430. Management and general expenses 138,395. Fundraising expenses 5,764. Total expenses 549,589.

FORM 990, PART XII, LINE 2C:

The process has not changed from prior year.

Financial Statement Notes

PART V, LINE 4:

The william dawson education endowment was established to benefit students of arts administration and arts administrators by supporting housing, transportation and food for students engaged in an internship or professional development activities of association of performing arts professionals, and to support professional development activities of apap members or students in member graduate programs in arts administration. The endowment was created to celebrate and honor the memory of william dawson, former apap executive director, who had a passion for professional development for the performing arts presenting field. Activities include support of bolz center for arts administration, university of wisconsin student and faculty attendance at apap's annual conference and professional development and leadership initiatives for those currently working in the field.

PART X, LINE 2:

The association is exempt from the payment of income taxes on income other than net unrelated business income under section 501(c) (3) of the internal revenue code. The provisions included in accounting principles generally accepted in the united states of america provide consistent guidance for the accounting for uncertainty in income taxes recognized in an entity's financial statements and prescribe a threshold of "more likely than not" for recognition of tax positions taken or expected to be taken in a tax return. The association performed an evaluation of uncertain tax positions as of june 30, 2024 and determined that there were no matters that would require recognition in the financial statements or that may have any effect on its tax-exempt status. As of june 30, 2024, the statute of limitations for fiscal years 2021 through 2024 remains open with the u.s. Federal jurisdiction or the state and local jurisdiction in which the association files tax returns. It is the association's policy to recognize interest and/or penalties related to uncertain tax positions, if any, as income tax expense.

Raw XML AppendixShowing 400 of 757 raw XML fields

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/MissionDesc0THE ASSOCIATION OF PERFORMING ARTS PROFESSIONALS DEVELOPS AND SUPPORTS A ROBUST PERFORMING ART PRESENTING, BOOKING, AND TOURING FIELD AND THE PROFESSIONALS WHO WORK IN IT.
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