Civic Intelligence

Studio Theatre Inc.

990EZ • Fiscal year 2021 • EIN 46-5132421

Jun 01, 2020 to May 31, 2021 • Filed on Jun 28, 2021

320 W 7th StreetLittle Rock, AR 72201

(501) 922-0227

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

10th percentile

-58%

Higher net margin than 10% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

24th percentile

-12%

Faster asset growth than 24% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

7th percentile

-80%

Faster revenue growth than 7% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Flat

$162,436

Flat from 2021

Net Assets

$162,436

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2021

Revenue

Flat

$37,950

Flat from 2021

Expenses

Flat

$59,958

Flat from 2021

Net Income

Flat

-$22,008

Flat from 2021

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2015: $213,848Liabilities 2015: $242,4282015Assets 2016: $176,648Liabilities 2016: $242,4282016Assets 2017: $158,319Liabilities 2017: $240,151Net Assets 2017: -$81,8322017Assets 2018: $151,959Liabilities 2018: $249,371Net Assets 2018: -$97,4122018Assets 2019: $154,075Liabilities 2019: $12,5002019Assets 2020: $184,444Liabilities 2020: $0Net Assets 2020: $184,4442020Assets 2021: $162,436Liabilities 2021: $0Net Assets 2021: $162,4362021Assets 2021: $162,436Liabilities 2021: $02021Assets 2022: $450,091Liabilities 2022: $147,762Net Assets 2022: $302,3292022Assets 2023: $358,538Liabilities 2023: $145,000Net Assets 2023: $213,5382023Assets 2024: $241,797Liabilities 2024: $145,540Net Assets 2024: $96,2572024Assets 2025: $205,723Liabilities 2025: $138,366Net Assets 2025: $67,3572025

Highlighted filing

2021

Assets$162,436
Liabilities$0
Net Assets$162,436

Operations Trend

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

$400K$200K$0-$200KRevenue 2015: $115,167Expenses 2015: $144,074Net Income 2015: -$28,9072015Revenue 2016: $108,283Expenses 2016: $145,483Net Income 2016: -$37,2002016Revenue 2017: $156,342Expenses 2017: $164,723Net Income 2017: -$8,3812017Revenue 2018: $130,764Expenses 2018: $146,344Net Income 2018: -$15,5802018Revenue 2019: $184,179Expenses 2019: $176,810Net Income 2019: $7,3692019Revenue 2020: $186,947Expenses 2020: $144,078Net Income 2020: $42,8692020Revenue 2021: $37,950Expenses 2021: $59,958Net Income 2021: -$22,0082021Revenue 2021: $37,950Expenses 2021: $59,958Net Income 2021: -$22,0082021Revenue 2022: $329,109Expenses 2022: $189,826Net Income 2022: $139,2832022Revenue 2023: $264,091Expenses 2023: $336,588Net Income 2023: -$72,4972023Revenue 2024: $223,946Expenses 2024: $341,227Net Income 2024: -$117,2812024Revenue 2025: $182,550Expenses 2025: $211,450Net Income 2025: -$28,9002025

Highlighted filing

2021

Revenue$37,950
Expenses$59,958
Net Income-$22,008
Jump To
Filing Snapshot
Filing Period
Jun 1, 2020 to May 31, 2021
Signed
Jun 28, 2021
Return Version
2020v4.1
Gross Receipts
$37,950
Mission and Program Overview

Mission

The studio theatre exists to serve the greater little rock community with artistic enrichment through live performance, artist fellowship, and public art; and to promote a greater understanding and appreciation for the performing arts as a whole through rental of our space at a modest fee.

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
PERFORMING ARTS PROGRAMMING-$15,150
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ALYSON COURTNEYDirectorPT$0--
MARCIA BROWNPresidentPT$0--
ADISON WOLFFSecretaryPT$0--
LEAH GOLLEHERVice PresidentPT$0--
HEATHER ZACHARYDirectorPT$0--
AMANDA KENNEDYTreasurerPT$0--
DIPETTE JOSEPHDirectorPT$0--
ADEL VIKTORIADirectorPT$0--
TROILLETT DANNYDirectorPT$0--
CARNAHAN SARAHDirectorPT$0--
WEST JAMESDirectorPT$0--
SATIA SPENCERDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Studio Theatre Inc
EIN
46-5132421
Address
320 W 7TH STREET, LITTLE ROCK, AR 72201

Signing Officer

Name
Marcia Brown
Title
President
Phone
5019220227
Signed
2021-06-28
Discuss with paid preparer
Yes

Preparer

Firm
Kennedy and Company
Address
4658 N Hwy 7, Hot Springs Village, AR 71909
Preparer
Amanda Kennedy
Phone
5019220227
Supplemental Narrative

Additional Explanations

General explanation attachment

Form 990-ez, part iii, primary exempt purpose:the studio theatre exists to serve the greater little rock community with artistic enrichment through live performance, artist fellowship, and public art; and to promote a greater understanding and appreciation for the performing arts as a whole through rental of our space at a modest fee.

Description of other revenue Part I line 8

Description amountbar and merch income 5,331

Description of other expenses Part I line 16

Description amountshow expenses 15,150bar and merch costs 610meals 51office expense 203license and permits 2,009bank fees 24supplies 472insurance expense 2,921advertising 95ticketing svc and merchant fees 3,404security monitoring svc 458website 18property taxes 1,261dues and subscriptions 865sales tax pd incl in sales 574software 50

Description of other assets Part II line 24

Category beginning of year end of yearreceivables 257 2,318furniture fixt and equip 36,889 37,289

Raw XML Appendix209 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990-EZ, PART III, PRIMARY EXEMPT PURPOSE:THE STUDIO THEATRE EXISTS TO SERVE THE GREATER LITTLE ROCK COMMUNITY WITH ARTISTIC ENRICHMENT THROUGH LIVE PERFORMANCE, ARTIST FELLOWSHIP, AND PUBLIC ART; AND TO PROMOTE A GREATER UNDERSTANDING AND APPRECIATION FOR THE PERFORMING ARTS AS A WHOLE THROUGH RENTAL OF OUR SPACE AT A MODEST FEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTBAR AND MERCH INCOME 5,331
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION AMOUNTSHOW EXPENSES 15,150BAR AND MERCH COSTS 610MEALS 51OFFICE EXPENSE 203LICENSE AND PERMITS 2,009BANK FEES 24SUPPLIES 472INSURANCE EXPENSE 2,921ADVERTISING 95TICKETING SVC AND MERCHANT FEES 3,404SECURITY MONITORING SVC 458WEBSITE 18PROPERTY TAXES 1,261DUES AND SUBSCRIPTIONS 865SALES TAX PD INCL IN SALES 574SOFTWARE 50
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CATEGORY BEGINNING OF YEAR END OF YEARRECEIVABLES 257 2,318FURNITURE FIXT AND EQUIP 36,889 37,289
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of other assets Part II line 24
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ReturnHeader/PreparerPersonGrp/PreparationDt02021-07-01
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ReturnHeader/ReturnTs02021-07-01T11:47:47-04:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodEndDt02021-05-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.06$1.38$0.67$1.83$2.11$0.29
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.42$1.46$0.96$2.24$3.41$1.17
2023Summary only. Only limited summary data is available for this year.$3.59$1.45$2.14$2.64$3.37$0.72
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.50$1.48$3.02$3.29$1.90$1.39
2021Detailed filing. Detailed filing data is available for this year.$1.62$0.00$1.62$0.38$0.60$0.22
2021Summary only. Only limited summary data is available for this year.$1.62$0.00$0.38$0.60$0.22
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.84$0.00$1.84$1.87$1.44$0.43
2019Summary only. Only limited summary data is available for this year.$1.54$0.13$1.84$1.77$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.52$2.49$0.97$1.31$1.46$0.16
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.58$2.40$0.82$1.56$1.65$0.08
2016Summary only. Only limited summary data is available for this year.$1.77$2.42$1.08$1.45$0.37
2015Summary only. Only limited summary data is available for this year.$2.14$2.42$1.15$1.44$0.29