Civic Intelligence

Terra Classical Theater Inc

990 • Fiscal year 2022 • EIN 45-3653198

Jun 01, 2021 to May 31, 2022 • Filed on Jun 04, 2024

Organization ProfileWWW.TERRAARTS.ORG
7671 Alhambra RdHuntington Beach, CA 92647

(714) 847-5771

Siviq Scores

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

Liabilities / Assets

97th percentile

1.59x

Higher debt load relative to assets than 97% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

68th percentile

0.23x

Higher debt load relative to revenue than 68% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

27th percentile

-4.3%

Higher net margin than 27% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

68th percentile

$99,786

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 9.0% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

21st percentile

-9.3%

Faster asset growth than 21% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

86th percentile

67%

Faster revenue growth than 86% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$161,660

Down $16,621 (-9.3%) from 2021

Net Assets

Down

-$95,919

Down $47,935 (-100%) from 2021

Liabilities

Up

$257,579

Up $31,314 (+14%) from 2021

Revenue And Expenses
Liabilities / Revenue68th percentileNet Margin27th percentile

Revenue

Up

$1,113,237

Up $448,114 (+67%) from 2021

Expenses

Up

$1,161,172

Up $354,497 (+44%) from 2021

Net Income

Up

-$47,935

Up $93,617 (+66%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth21st percentile

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

$300K$200K$100K$0-$100KAssets 2017: $15,566Liabilities 2017: $6,499Net Assets 2017: $9,0672017Assets 2018: $68,394Liabilities 2018: $6,164Net Assets 2018: $62,2302018Assets 2019: $173,387Liabilities 2019: $62,841Net Assets 2019: $110,5462019Assets 2020: $123,760Liabilities 2020: $30,192Net Assets 2020: $93,5682020Assets 2021: $178,281Liabilities 2021: $226,265Net Assets 2021: -$47,9842021Assets 2022: $161,660Liabilities 2022: $257,579Net Assets 2022: -$95,9192022

Highlighted filing

2022

Assets$161,660
Liabilities$257,579
Net Assets-$95,919
Open 2022 Filing

Operations Trend

Revenue Growth86th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2017: $268,906Expenses 2017: $275,743Net Income 2017: -$6,8372017Revenue 2018: $413,971Expenses 2018: $357,808Net Income 2018: $56,1632018Revenue 2019: $577,585Expenses 2019: $529,269Net Income 2019: $48,3162019Revenue 2020: $710,026Expenses 2020: $727,004Net Income 2020: -$16,9782020Revenue 2021: $665,123Expenses 2021: $806,675Net Income 2021: -$141,5522021Revenue 2022: $1,113,237Expenses 2022: $1,161,172Net Income 2022: -$47,9352022

Highlighted filing

2022

Revenue$1,113,237
Expenses$1,161,172
Net Income-$47,935
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2021 to May 31, 2022
Signed
Jun 4, 2024
Return Version
2021v4.1
Gross Receipts
$1,113,237
Mission and Program Overview

Mission

To promote high standards in the community in artistry, craftsmanship, education and theater. To influence our community for greater public appreciation of arts.

To promote high standards in the community in artistry, craftsmanship, education and theater. to influence our community for greater public appreciation of arts

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$112,616$96,234▼ $16,382
Cash and Non-Interest-Bearing Accounts$65,665$65,426▼ $239
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$178,281$161,660▼ $16,621
Other Assets Total-$0-
Liabilities
Other Liabilities$226,265$257,579▲ $31,314
Total Liabilities$226,265$257,579▲ $31,314
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-47,984$-95,919▼ $47,935
Total Net Assets Fund Balance$-47,984$-95,919▼ $47,935
Total Liabilities and Net Assets / Fund Balance$178,281$161,660▼ $16,621

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$61,292$11,374$72,666
Equipment$31,219$39,741$70,960
Other Land Buildings$3,723$1,083$4,806
Compensation and Service Providers
Top Officer Pay68th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Kimberly FrassettPresident & CEOFT$99,786$99,786
Jayme FrassettSecretaryPT$58,845$58,845

Board Members and Trustees

NameTitle
Eric CheneyDirector
Linda YardleyDirector
Dr Cc Evans-pugliseCFO
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,113,237
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-47,935
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$723,656
Other Expenses$437,516
Total Fundraising Expense$14,084
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$504,610--$504,610
Current Officers, Directors, Trustees, and Key Employees$79,316$79,315-$158,631
Occupancy$75,089--$75,089
Payroll Taxes$53,537$5,948-$59,485
All Other Expenses$32,323$4,471$14,084$50,878
Other Expenses$28,241$3,138-$31,379
Insurance$21,123$2,347-$23,470
Depreciation Depletion$17,454$1,939-$19,393
Fees for Services Accounting-$16,119-$16,119
Office Expenses$12,064$1,340-$13,404
Travel$12,766--$12,766
Fees for Services Other-$3,508-$3,508
Other Employee Benefits$930--$930
Total Functional Expenses$973,747$173,341$14,084$1,161,172
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Sba Loan$149,900
Other Payable$85,692
Note Payable$21,292
Credit Cards$695
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“No review was or will be conducted.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“upon request”

Filing and Contact Details

Filer

Filer Name
Terra Classical Theater Inc
EIN
45-3653198
Phone
7148475771
Address
7671 ALHAMBRA RD, HUNTINGTON BEACH, CA 92647

Signing Officer

Name
Kimberly Frassett
Title
President & CEO
Signed
2024-06-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kimberly Frassett
Formed
2008
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
0
Employees
36

Preparer

Firm
Angela Lh Sayers CPA Mba
Address
827 DEEP VALLEY DR STE 306, RHE, CA 90274
Preparer
Angela L H Sayers CPA Mba
Phone
3105411611
Raw XML AppendixShowing 400 of 403 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0To promote high standards in the community in artistry, craftsmanship, education and theater. to influence our community for greater public appreciation of arts
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherExpensesGrp/FundraisingAmt014084
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt04471
IRS990/AllOtherExpensesGrp/ProgramServicesAmt032323
IRS990/AllOtherExpensesGrp/TotalAmt050878
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0KIMBERLY FRASSETT
IRS990/BooksInCareOfDetail/PhoneNum07148475771
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt07671 ALHAMBRA RD
IRS990/BooksInCareOfDetail/USAddress/CityNm0HUNTINGTON BEACH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd092647
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt065665
IRS990/CashNonInterestBearingGrp/EOYAmt065426
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt079315
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt079316
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0158631
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0437516
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01113237
IRS990/CYRevenuesLessExpensesAmt0-47935
IRS990/CYSalariesCompEmpBnftPaidAmt0723656
IRS990/CYTotalExpensesAmt01161172
IRS990/CYTotalFundraisingExpenseAmt014084
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01113237
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01939
IRS990/DepreciationDepletionGrp/ProgramServicesAmt017454
IRS990/DepreciationDepletionGrp/TotalAmt019393
IRS990/Desc0restoring art education for future generation by having art courses and workshops
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt036
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0973747
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt016119
IRS990/FeesForServicesAccountingGrp/TotalAmt016119
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt03508
IRS990/FeesForServicesOtherGrp/TotalAmt03508
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt125.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt210.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt310.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt410.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0KIMBERLY FRASSETT
IRS990/Form990PartVIISectionAGrp/PersonNm1JAYME FRASSETT
IRS990/Form990PartVIISectionAGrp/PersonNm2DR CC EVANS-PUGLISE
IRS990/Form990PartVIISectionAGrp/PersonNm3LINDA YARDLEY
IRS990/Form990PartVIISectionAGrp/PersonNm4ERIC CHENEY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt099786
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt158845
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0President & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt2CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02008
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01113237
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt02347
IRS990/InsuranceGrp/ProgramServicesAmt021123
IRS990/InsuranceGrp/TotalAmt023470
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt052198
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0112616
IRS990/LandBldgEquipBasisNetGrp/EOYAmt096234
IRS990/LandBldgEquipCostOrOtherBssAmt0148432
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To promote high standards in the community in artistry, craftsmanship, education and theater. to influence our community for greater public appreciation of arts
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-47984
IRS990/NetAssetsOrFundBalancesEOYAmt0-95919
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-47984
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-95919
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt075089
IRS990/OccupancyGrp/TotalAmt075089
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01340
IRS990/OfficeExpensesGrp/ProgramServicesAmt012064
IRS990/OfficeExpensesGrp/TotalAmt013404
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0930
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0930
IRS990/OtherExpensesGrp/Desc0PROGRAM SUPPLIES
IRS990/OtherExpensesGrp/Desc1HEALTH INSURANCE
IRS990/OtherExpensesGrp/Desc2OUTSIDE SERVICES AND COACHING
IRS990/OtherExpensesGrp/Desc3IT AND TECH SUPPORT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt055216
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13138
IRS990/OtherExpensesGrp/ProgramServicesAmt089199
IRS990/OtherExpensesGrp/ProgramServicesAmt147095
IRS990/OtherExpensesGrp/ProgramServicesAmt228241
IRS990/OtherExpensesGrp/TotalAmt089199
IRS990/OtherExpensesGrp/TotalAmt155216
IRS990/OtherExpensesGrp/TotalAmt247095
IRS990/OtherExpensesGrp/TotalAmt331379
IRS990/OtherLiabilitiesGrp/BOYAmt0226265
IRS990/OtherLiabilitiesGrp/EOYAmt0257579
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0504610
IRS990/OtherSalariesAndWagesGrp/TotalAmt0504610
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05948
IRS990/PayrollTaxesGrp/ProgramServicesAmt053537
IRS990/PayrollTaxesGrp/TotalAmt059485
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0KIMBERLY FRASSETT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0ART EDUCATION PROGRAM
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01113237
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01113237
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0116560
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0343522
IRS990/PYProgramServiceRevenueAmt0548563
IRS990/PYRevenuesLessExpensesAmt0-141552
IRS990/PYSalariesCompEmpBnftPaidAmt0463153
IRS990/PYTotalExpensesAmt0806675
IRS990/PYTotalRevenueAmt0665123
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-47935
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01113237
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01113237
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0665123
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0630094
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0577585
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0413972
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03400011
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt03400011
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01113237
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0665123
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0630094
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0577585
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0413972
IRS990ScheduleA/Total509Grp/TotalAmt03400011
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01113237
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0665123
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0630094
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0577585
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0413972
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03400011
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt031219
IRS990ScheduleD/EquipmentGrp/DepreciationAmt039741
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt070960
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt061292
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt011374
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt072666
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03723
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01083
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt04806
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0695
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt121292
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt285692
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3149900
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARDS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NOTE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2OTHER PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3SBA LOAN
IRS990ScheduleD/TotalBookValueLandBuildingsAmt096234
IRS990ScheduleD/TotalLiabilityAmt0257579
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1upon request
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0178281
IRS990/TotalAssetsEOYAmt0161660
IRS990/TotalAssetsGrp/BOYAmt0178281
IRS990/TotalAssetsGrp/EOYAmt0161660
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt036
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt014084
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0173341
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0973747
IRS990/TotalFunctionalExpensesGrp/TotalAmt01161172
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0226265
IRS990/TotalLiabilitiesEOYAmt0257579
IRS990/TotalLiabilitiesGrp/BOYAmt0226265
IRS990/TotalLiabilitiesGrp/EOYAmt0257579
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-47984
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-95919
IRS990/TotalProgramServiceExpensesAmt0973747
IRS990/TotalProgramServiceRevenueAmt01113237
IRS990/TotalReportableCompFromOrgAmt0158631
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01113237
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01113237
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0178281
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0161660
IRS990/TravelGrp/ProgramServicesAmt012766
IRS990/TravelGrp/TotalAmt012766
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt07671 ALHAMBRA RD
IRS990/USAddress/CityNm0HUNTINGTON BEACH
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd092647
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.TERRAARTS.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KIMBERLY FRASSETT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President & CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-06-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TERRA CLASSICAL THEATER INC
ReturnHeader/Filer/BusinessNameControlTxt0TERR
ReturnHeader/Filer/EIN0453653198
ReturnHeader/Filer/PhoneNum07148475771
ReturnHeader/Filer/USAddress/AddressLine1Txt07671 ALHAMBRA RD
ReturnHeader/Filer/USAddress/CityNm0HUNTINGTON BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092647
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0205739917
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ANGELA LH SAYERS CPA MBA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0827 DEEP VALLEY DR STE 306
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RHE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090274
ReturnHeader/PreparerPersonGrp/PhoneNum03105411611
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANGELA L H SAYERS CPA MBA
ReturnHeader/ReturnTs02024-06-04T17:23:56-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KIMBERLY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FRASSETT

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$161,660
Liabilities
$257,579
Net assets
-$95,919
Revenue
$1,113,237
Expenses
$1,161,172
Net income
-$47,935
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.16$0.26$0.10$1.11$1.16$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.18$0.23$0.05$0.67$0.81$0.14
2020Detailed filing. Detailed filing data is available for this year.$0.12$0.03$0.09$0.71$0.73$0.02
2019Summary only. Only limited summary data is available for this year.$0.17$0.06$0.11$0.58$0.53$0.05
2018Summary only. Only limited summary data is available for this year.$0.07$0.01$0.06$0.41$0.36$0.06
2017Summary only. Only limited summary data is available for this year.$0.02$0.01$0.01$0.27$0.28$0.01