Civic Intelligence

Theatrelab Inc

990EZ • Fiscal year 2023 • EIN 46-4424495

Jan 01, 2023 to Dec 31, 2023 • Filed on May 20, 2025

300 E Broad StRichmond, VA 23219

(804) 212-6352

Siviq Scores

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

Liabilities / Assets

98th percentile

5.06x

Higher debt load relative to assets than 98% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

98th percentile

3.15x

Higher debt load relative to revenue than 98% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

25th percentile

-13%

Higher net margin than 25% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

26th percentile

-17%

Faster asset growth than 26% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

11th percentile

-49%

Faster revenue growth than 11% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$17,605

Down $3,562 (-17%) from 2022

Net Assets

Up

-$71,495

Up $74,596 (+51%) from 2022

Liabilities

Down

$89,100

Down $78,158 (-47%) from 2022

Revenue

Down

$28,241

Down $26,993 (-49%) from 2022

Expenses

Down

$31,858

Down $62,155 (-66%) from 2022

Net Income

Up

-$3,617

Up $35,162 (+91%) from 2022

Historical Trend

Balance Sheet Trend

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

$200K$100K$0-$100K-$200KAssets 2017: $62,617Liabilities 2017: $40,416Net Assets 2017: $22,2012017Assets 2018: $57,071Liabilities 2018: $46,669Net Assets 2018: $10,4022018Assets 2019: $46,340Liabilities 2019: $60,929Net Assets 2019: -$14,5892019Assets 2020: $62,538Liabilities 2020: $151,776Net Assets 2020: -$89,2382020Assets 2021: $37,329Liabilities 2021: $144,641Net Assets 2021: -$107,3122021Assets 2022: $21,167Liabilities 2022: $167,258Net Assets 2022: -$146,0912022Assets 2023: $17,605Liabilities 2023: $89,100Net Assets 2023: -$71,4952023Assets 2024: $16,185Liabilities 2024: $96,229Net Assets 2024: -$80,0442024Assets 2025: $0Net Assets 2025: $02025

Highlighted filing

2023

Assets$17,605
Liabilities$89,100
Net Assets-$71,495

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2017: $153,262Expenses 2017: $201,065Net Income 2017: -$47,8032017Revenue 2018: $135,954Expenses 2018: $154,890Net Income 2018: -$18,9362018Revenue 2019: $151,781Expenses 2019: $175,009Net Income 2019: -$23,2282019Revenue 2020: $56,900Expenses 2020: $131,549Net Income 2020: -$74,6492020Revenue 2021: $90,814Expenses 2021: $113,888Net Income 2021: -$23,0742021Revenue 2022: $55,234Expenses 2022: $94,013Net Income 2022: -$38,7792022Revenue 2023: $28,241Expenses 2023: $31,858Net Income 2023: -$3,6172023Revenue 2024: $104,441Expenses 2024: $112,990Net Income 2024: -$8,5492024Revenue 2025: $107,427Expenses 2025: $32,609Net Income 2025: $74,8182025

Highlighted filing

2023

Revenue$28,241
Expenses$31,858
Net Income-$3,617
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 20, 2025
Return Version
2023v6.0
Gross Receipts
$28,241
Mission and Program Overview

Mission

TheatreLAB is Richmond's home for unexpected and evocative performance. Through artistry and imagination, TheatreLAB creates unique theatrical experiences that spark a collaborative exchange of ideas between artist and audience. The TheatreLAB ensemble cultivates an environment that fosters emerging talent and challenges artistic norms through experimental devices on new and thrilling works.

Through artists and imagination, TheatreLAB creates unique theatrical experiences that spark a collaborative exchange of ideas between artist and audience. The TheatreLAB ensemble cultivates an environment that fosters emerging talent and challenges artistic norms

Program Services

DescriptionGrantsExpenses
TheatreLAB has chosen live performance as our artistic medium because of its immediacy, its immersive ness, and its inherent ability to build a community through shared experience. In order to continue developing and expanding the Richmond theatre audience-base, we believe that patrons should be continually offered high-quality performance art, and arts organizations should strive to produce events that appeal to audiences outside their own.-$28,659
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Matthew BausermanPresident-$0--
Marjorie SutherlandDirector-$0--
Filing and Contact Details

Filer

Filer Name
TheatreLab Inc
EIN
46-4424495
Phone
8042126352
Address
300 E Broad St, Richmond, VA 23219

Signing Officer

Name
Matthew Bauserman
Title
President & CEO
Signed
2025-05-20
Discuss with paid preparer
Yes

Preparer

Firm
Peters Tax Preparation & Consulting PC
Address
1657 West Broad St Unit 5, Richmond, VA 23220
Preparer
David R Peters
Phone
8043321373
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $500

Other Expenses.1005

Travel $482

Other Expenses.1009

Depreciation $3170

Other Expenses.1012

Insurance $1457

Other Expenses.1

Outside Service Contractors $9694

Other Expenses.2

Supplies & Concessions $8223

Other Expenses.3

Performance Fees $2652

Other Expenses.4

Stage Maintenance & Repairs $2300

Other Expenses.5

Taxes & Licenses $1909

Other Expenses.6

Credit Card Fees $729

Other Expenses.7

Software Subscriptions $713

Other Expenses.8

Bank Fees $29

Other Assets.1002

Furniture and Fixtures - Beginning $2127 Furniture and Fixtures - Ending $294

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $78158 Accounts Payable and Accrued Expenses - Ending $0

Total Liabilities.1008

Unsecured Notes and Loans Payable - Beginning $89100 Unsecured Notes and Loans Payable - Ending $89100

Raw XML Appendix182 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Travel $482
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Depreciation $3170
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance $1457
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Taxes & Licenses $1909
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Credit Card Fees $729
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Bank Fees $29
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Matthew Bauserman
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President & CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-20
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ReturnHeader/PreparerPersonGrp/PhoneNum08043321373
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0David R Peters
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-05-20T06:59:46-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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