Civic Intelligence

DC Theater Arts Collaborative

990 • Fiscal year 2018 • EIN 45-4681518

Jan 01, 2018 to Dec 31, 2018 • Filed on Mar 01, 2019

2020 Shannon Place SEWashington, DC 20020

(202) 290-2328

Siviq Scores

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

Liabilities / Assets

84th percentile

0.22x

Higher debt load relative to assets than 84% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

90th percentile

0.29x

Higher debt load relative to revenue than 90% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

77th percentile

21%

Higher net margin than 77% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

55th percentile

4.3%

Faster asset growth than 55% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

90th percentile

79%

Faster revenue growth than 90% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$428,571

Up $17,585 (+4.3%) from 2017

Net Assets

Up

$334,931

Up $66,210 (+25%) from 2017

Liabilities

Down

$93,640

Down $48,625 (-34%) from 2017

Revenue

Up

$321,261

Up $141,562 (+79%) from 2017

Expenses

Up

$255,051

Up $64,025 (+34%) from 2017

Net Income

Up

$66,210

Up $77,537 (+685%) from 2017

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2013: $440,579Liabilities 2013: $170,619Net Assets 2013: $269,9602013Assets 2014: $455,416Liabilities 2014: $178,5352014Assets 2015: $437,443Liabilities 2015: $165,2982015Assets 2016: $437,651Liabilities 2016: $157,6032016Assets 2017: $410,986Liabilities 2017: $142,265Net Assets 2017: $268,7212017Assets 2018: $428,571Liabilities 2018: $93,640Net Assets 2018: $334,9312018Assets 2019: $422,164Liabilities 2019: $88,811Net Assets 2019: $333,3532019Assets 2020: $410,853Liabilities 2020: $81,299Net Assets 2020: $329,5542020Assets 2021: $449,952Liabilities 2021: $75,801Net Assets 2021: $374,1512021Assets 2022: $508,603Liabilities 2022: $4,518Net Assets 2022: $504,0852022Assets 2023: $392,323Liabilities 2023: $6,454Net Assets 2023: $385,8692023

Highlighted filing

2018

Assets$428,571
Liabilities$93,640
Net Assets$334,931

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2013: $341,749Expenses 2013: $66,343Net Income 2013: $275,4062013Revenue 2014: $135,886Expenses 2014: $128,965Net Income 2014: $6,9212014Revenue 2015: $143,037Expenses 2015: $147,773Net Income 2015: -$4,7362015Revenue 2016: $164,025Expenses 2016: $156,122Net Income 2016: $7,9032016Revenue 2017: $179,699Expenses 2017: $191,026Net Income 2017: -$11,3272017Revenue 2018: $321,261Expenses 2018: $255,051Net Income 2018: $66,2102018Revenue 2019: $296,943Expenses 2019: $298,521Net Income 2019: -$1,5782019Revenue 2020: $282,848Expenses 2020: $286,647Net Income 2020: -$3,7992020Revenue 2021: $316,067Expenses 2021: $271,470Net Income 2021: $44,5972021Revenue 2022: $428,396Expenses 2022: $298,462Net Income 2022: $129,9342022Revenue 2023: $311,873Expenses 2023: $430,089Net Income 2023: -$118,2162023

Highlighted filing

2018

Revenue$321,261
Expenses$255,051
Net Income$66,210
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Mar 1, 2019
Return Version
2018v3.1
Gross Receipts
$321,261
Mission and Program Overview

Mission

The dc theater arts collaborative provides financial and other assistance to small and emerging nonprofit theater companies in the washington, dc metropolitan area and elsewhere. Its goal is to provide a home for the arts in washington, dc, with a goal to bring art presentations, performances, exhibits and instruction at reasonable cost to artists, art groups, and patrons in neighborhoods with lower than average access to these experiences and services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$383,527$372,294▼ $11,233
Loans From Officers Directors$98,280$48,037▼ $50,243
Accounts Receivable$3,403$25,070▲ $21,667
Cash and Non-Interest-Bearing Accounts$19,416$21,171▲ $1,755
Intangible Assets$102$0▼ $102
Savings and Temporary Cash Investments-$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-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$410,986$428,571▲ $17,585
Other Assets Total$4,538$10,036▲ $5,498
Liabilities
Mortgage Notes Payable Secured by Investment Property$42,000$39,000▼ $3,000
Accounts Payable and Accrued Expenses$1,985$6,603▲ $4,618
Total Liabilities$142,265$93,640▼ $48,625
Net Assets / Fund Balance
Unrestricted Net Assets$268,721$334,931▲ $66,210
Total Net Assets Fund Balance$268,721$334,931▲ $66,210
Total Liabilities and Net Assets / Fund Balance$410,986$428,571▲ $17,585

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$366,231$61,187$427,418
Equipment$4,513$15,065$19,578
Other Land Buildings$1,550$6,058$7,608
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ella DavisPresident
Patrick MartinVice President
Cheryl HawkinsDirector
Ebony RosemondDirector
Jennifer V LeeDirector
John C JohnsonDirector
Natalie Jones EsqDirector
Paul Douglas MichnewiczDirector
Wilma Lynn HortonDirector
M Adele RobeyExecutive Director
Carolyn ThomasSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$220,281
Program Service Revenue
$100,980
Investment Income
$0
Other Revenue
$0
All Other Contributions
$220,281
Change in Net Assets
$66,210
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$255,051
Total Fundraising Expense$42,975
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$71,123$23,707-$94,830
Depreciation Depletion$11,000$2,842-$13,842
Fees for Services Accounting-$6,293-$6,293
Insurance-$3,727-$3,727
Other Expenses$7,779$2,484$42,975$2,484
All Other Expenses$1,593$409-$2,002
Royalties$1,890--$1,890
Advertising$300--$300
Travel-$299-$299
Interest-$55-$55
Total Functional Expenses$145,771$66,305$42,975$255,051
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
Loans from Officers, Directors, Trustees, and Key Employees$98,280$48,037▼ $50,243
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
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

Upon completion of the form 990, a copy is furnished to the board of directors for their review. The board then makes inquires of any issues they might have prior to filing the required forms.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The organization makes regular inquiries of officers and directors whether or not any new potential conflicts of interest have arisen and responses are reviewed by independent board members. If any inconsistencies arise they are dealt with in a manner consistent with the bylaws.

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

The organization makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Dc Theater Arts Collaborative
EIN
45-4681518
Phone
2022902328
Address
2020 SHANNON PLACE SE, WASHINGTON, DC 20020

Signing Officer

Name
M Adele Robey
Title
Executive Director
Signed
2019-03-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
M Adele Robey
Formed
2012
Legal Domicile
Dc
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
25

Preparer

Firm
Martin D Jacobs CPA Pc
Address
132 MAYO RD, EDGEWATER, MD 21037-1848
Preparer
Martin D Jacobs CPA
Phone
4109564333
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IRS990/MissionDesc0THE DC THEATER ARTS COLLABORATIVE PROVIDES FINANCIAL AND OTHER ASSISTANCE TO SMALL AND EMERGING NONPROFIT THEATER COMPANIES IN THE WASHINGTON, DC METROPOLITAN AREA AND ELSEWHERE. ITS GOAL IS TO PROVIDE A HOME FOR THE ARTS IN WASHINGTON, DC, WITH A GOAL TO BRING ART PRESENTATIONS, PERFORMANCES, EXHIBITS AND INSTRUCTION AT REASONABLE COST TO ARTISTS, ART GROUPS, AND PATRONS IN NEIGHBORHOODS WITH LOWER THAN AVERAGE ACCESS TO THESE EXPERIENCES AND SERVICES.
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IRS990/OccupancyGrp/ProgramServicesAmt071123
IRS990/OccupancyGrp/TotalAmt094830
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt04538
IRS990/OtherAssetsTotalGrp/EOYAmt010036
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IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2Printing and Publications
IRS990/OtherExpensesGrp/Desc3TELEPHONE
IRS990/OtherExpensesGrp/FundraisingAmt042975
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt020500
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13182
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22807
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt32484
IRS990/OtherExpensesGrp/ProgramServicesAmt052086
IRS990/OtherExpensesGrp/ProgramServicesAmt17779
IRS990/OtherExpensesGrp/TotalAmt0115561
IRS990/OtherExpensesGrp/TotalAmt110961
IRS990/OtherExpensesGrp/TotalAmt22807
IRS990/OtherExpensesGrp/TotalAmt32484
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0M ADELE ROBEY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/BusinessCd1711110
IRS990/ProgramServiceRevenueGrp/Desc0THEATER RENTAL
IRS990/ProgramServiceRevenueGrp/Desc1TICKET SALES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt075237
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt125743
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt075237
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt125743
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt077169
IRS990/PYExcessBenefitTransInd0false
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IRS990/PYRevenuesLessExpensesAmt0-11327
IRS990/PYTotalExpensesAmt0191026
IRS990/PYTotalRevenueAmt0179699
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IRS990/ReconcilationRevenueExpnssAmt066210
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
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IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0100980
IRS990/RoyaltiesGrp/ProgramServicesAmt01890
IRS990/RoyaltiesGrp/TotalAmt01890
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0218024
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt055105
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt074302
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt053682
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt057324
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0458437
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
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IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
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IRS990ScheduleA/SubstantialContributorsTotAmt00
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0218024
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt055105
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt074302
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt053682
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt057324
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0458437
IRS990ScheduleA/TotalSupportAmt0458437
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt04513
IRS990ScheduleD/EquipmentGrp/DepreciationAmt015065
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt019578
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0366231
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt061187
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0427418
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01550
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt06058
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt07608
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0372294
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt048037
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0CAPITAL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt063957
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0M ADELE ROBEY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt048037
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0UPON COMPLETION OF THE FORM 990, A COPY IS FURNISHED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW. THE BOARD THEN MAKES INQUIRES OF ANY ISSUES THEY MIGHT HAVE PRIOR TO FILING THE REQUIRED FORMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES REGULAR INQUIRIES OF OFFICERS AND DIRECTORS WHETHER OR NOT ANY NEW POTENTIAL CONFLICTS OF INTEREST HAVE ARISEN AND RESPONSES ARE REVIEWED BY INDEPENDENT BOARD MEMBERS. IF ANY INCONSISTENCIES ARISE THEY ARE DEALT WITH IN A MANNER CONSISTENT WITH THE BYLAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0410986
IRS990/TotalAssetsEOYAmt0428571
IRS990/TotalAssetsGrp/BOYAmt0410986
IRS990/TotalAssetsGrp/EOYAmt0428571
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0220281
IRS990/TotalEmployeeCnt00

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