Civic Intelligence

Ovation Theatre

990EZ • Fiscal year 2022 • EIN 47-1388690

Oct 01, 2021 to Sep 30, 2022 • Filed on Apr 04, 2023

PO Box 235395Encinitas, CA 92023-5395

(619) 823-7462

Siviq Scores

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

Liabilities / Assets

89th percentile

0.45x

Higher debt load relative to assets than 89% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

83rd percentile

0.11x

Higher debt load relative to revenue than 83% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

17th percentile

-23%

Higher net margin than 17% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

81st percentile

$7,400

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 6.4% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

10th percentile

-48%

Faster asset growth than 10% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

67th percentile

35%

Faster revenue growth than 67% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$29,158

Down $27,374 (-48%) from 2021

Net Assets

Down

$16,153

Down $26,974 (-63%) from 2021

Liabilities

Down

$13,005

Down $400 (-3.0%) from 2021

Revenue

Up

$116,100

Up $29,980 (+35%) from 2021

Expenses

Up

$143,074

Up $57,925 (+68%) from 2021

Net Income

Down

-$26,974

Down $27,945 (-2878%) from 2021

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2017: $28,749Liabilities 2017: $384Net Assets 2017: $28,3652017Assets 2018: $57,205Liabilities 2018: $1,7712018Assets 2019: $62,886Liabilities 2019: $2,255Net Assets 2019: $60,6312019Assets 2020: $56,743Liabilities 2020: $14,587Net Assets 2020: $42,1562020Assets 2021: $56,532Liabilities 2021: $13,405Net Assets 2021: $43,1272021Assets 2022: $29,158Liabilities 2022: $13,005Net Assets 2022: $16,1532022Assets 2023: $55,004Liabilities 2023: $14,931Net Assets 2023: $40,0732023Assets 2024: $61,370Liabilities 2024: $12,658Net Assets 2024: $48,7122024Assets 2025: $62,681Liabilities 2025: $8,357Net Assets 2025: $54,3242025

Highlighted filing

2022

Assets$29,158
Liabilities$13,005
Net Assets$16,153

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2017: $118,307Expenses 2017: $99,944Net Income 2017: $18,3632017Revenue 2018: $104,626Expenses 2018: $77,557Net Income 2018: $27,0692018Revenue 2019: $117,754Expenses 2019: $112,557Net Income 2019: $5,1972019Revenue 2020: $84,898Expenses 2020: $90,373Net Income 2020: -$5,4752020Revenue 2021: $86,120Expenses 2021: $85,149Net Income 2021: $9712021Revenue 2022: $116,100Expenses 2022: $143,074Net Income 2022: -$26,9742022Revenue 2023: $208,936Expenses 2023: $198,016Net Income 2023: $10,9202023Revenue 2024: $209,509Expenses 2024: $200,870Net Income 2024: $8,6392024Revenue 2025: $229,605Expenses 2025: $223,993Net Income 2025: $5,6122025

Highlighted filing

2022

Revenue$116,100
Expenses$143,074
Net Income-$26,974
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
Apr 4, 2023
Return Version
2021v4.1
Gross Receipts
$117,289
Mission and Program Overview

Mission

To educate and enrich the community with musical theatre.

Educate and enrich the community with musical theatre.

Program Services

DescriptionGrantsExpenses
See Schedule O for details.$0$135,652
Phyllis Gregory Music and Theatre Memorial Scholarship:A memorial scholarship created for the benefit ofdeserving youth who are interested in the performing arts.$3,235$3,235
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Samantha LaurentDirectorPT$7,400-$7,400
Scott GregoryDirectorPT$0--
Jane BellDirectorPT$0--
Guy MangiameleDirectorPT$0--
Juli GaronDirector-$0--
Valencia PorterDirector-$0--
Don GregoryDirector-$0--
Karen MorelandPresidentPT$0--
Jennifer SuttonTreasurerPT$0--
Beth GlenerSecretary-$0--
Pamela LaurentExecutive DirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Musical Theatre Foundation DBA Ovation Theatre
EIN
47-1388690
Phone
6198237462
Address
PO Box 235395, Encinitas, CA 92023-5395

Signing Officer

Name
Jennifer Sutton
Title
Treasurer
Phone
6198237462
Signed
2023-04-04
Discuss with paid preparer
Yes

Preparer

Firm
David B McRee
Address
66 Boundary Blvd Apt 238, Rotonda West, FL 33947
Preparer
David B McRee CPA
Phone
7273147263
Supplemental Narrative

Additional Explanations

Other

Statement of Program Service Accomplishments, Line 28. The Theatre produced two musical theatre productions for family-centered audiences with mostly youth in the cast. Additionally, Ovation Theatre had a youth summer camp which put on a small basic production with approximately 25 campers. They performed to an audience of approximately 100 people. Both shows had a cast of approximately 30-40 youth performers and in-person audiences of about 1,000 members over 6 shows for each production. Musical Theatre Foundation also has a scholarship fund that awards scholarships to youth to pursue an arts education or to assist with production fees if they are unable to make the financial commitment as a cast member or camper.

Other

Blank line.

Other

As of the end of the 9/30/22 fiscal year, an amount was owed to the theatre by a ticketing agent for ticket sales during the 9/30/22 fiscal year. Because the ticket sales revenues were not remitted to the theatre on time, gross receipts as stated on this cash basis return are lower than they normally would have been had the receivable been paid timely. The amount due to the theatre was $23,625. The entire amount of the receivable was collected on 10/19/2022 and will be reported on next year's return.

Form 990EZ, Part I, Line 10

Scholarships; Educational; Various individuals: , , , ; None, 3235.

Form 990EZ, Part I, Line 16

Advertising 102.

Form 990EZ, Part I, Line 16

Audition costs 254.

Form 990EZ, Part I, Line 16

Cast & parent meeting 135.

Form 990EZ, Part I, Line 16

Cast party 75.

Form 990EZ, Part I, Line 16

Cast T-shirts 1657.

Form 990EZ, Part I, Line 16

Computer and internet 1114.

Form 990EZ, Part I, Line 16

Costumes 6909.

Form 990EZ, Part I, Line 16

Food for volunteers/cast/tech 54.

Form 990EZ, Part I, Line 16

Music 1037.

Form 990EZ, Part I, Line 16

Bank fees 88.

Form 990EZ, Part I, Line 16

Operations business expenses and supplies 90.

Form 990EZ, Part I, Line 16

Board meetings 177.

Form 990EZ, Part I, Line 16

Business registration 47.

Form 990EZ, Part I, Line 16

D and O Insurance 2400.

Form 990EZ, Part I, Line 16

Performing rights/license 7792.

Form 990EZ, Part I, Line 16

Props 1930.

Form 990EZ, Part I, Line 16

Publicity 21.

Form 990EZ, Part I, Line 16

Scripts and sets 2868.

Form 990EZ, Part I, Line 16

Set Building materials and supplies 4852.

Form 990EZ, Part I, Line 16

Set transportation 1618.

Form 990EZ, Part I, Line 16

Sound 3504.

Form 990EZ, Part I, Line 16

Sound equipment and supplies 152.

Form 990EZ, Part II, Line 26

Credit card payable 405. 5.

Form 990EZ, Part II, Line 26

Theatre facility rent payable 13000. 13000.

Raw XML Appendix305 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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IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt III Ln 12
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Statement of Program Service Accomplishments, Line 28. The Theatre produced two musical theatre productions for family-centered audiences with mostly youth in the cast. Additionally, Ovation Theatre had a youth summer camp which put on a small basic production with approximately 25 campers. They performed to an audience of approximately 100 people. Both shows had a cast of approximately 30-40 youth performers and in-person audiences of about 1,000 members over 6 shows for each production. Musical Theatre Foundation also has a scholarship fund that awards scholarships to youth to pursue an arts education or to assist with production fees if they are unable to make the financial commitment as a cast member or camper.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Blank line.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2As of the end of the 9/30/22 fiscal year, an amount was owed to the theatre by a ticketing agent for ticket sales during the 9/30/22 fiscal year. Because the ticket sales revenues were not remitted to the theatre on time, gross receipts as stated on this cash basis return are lower than they normally would have been had the receivable been paid timely. The amount due to the theatre was $23,625. The entire amount of the receivable was collected on 10/19/2022 and will be reported on next year's return.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Scholarships; Educational; Various individuals: , , , ; None, 3235.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Advertising 102.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Audition costs 254.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Cast & parent meeting 135.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Cast party 75.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Cast T-shirts 1657.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Computer and internet 1114.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Costumes 6909.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Food for volunteers/cast/tech 54.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Music 1037.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Bank fees 88.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Operations business expenses and supplies 90.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Board meetings 177.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Business registration 47.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17D and O Insurance 2400.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18Performing rights/license 7792.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19Props 1930.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20Publicity 21.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21Scripts and sets 2868.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22Set Building materials and supplies 4852.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt23Set transportation 1618.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt24Sound 3504.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt25Sound equipment and supplies 152.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt26Credit card payable 405. 5.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt27Theatre facility rent payable 13000. 13000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc21Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc22Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc23Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc24Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc25Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc26Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc27Form 990EZ, Part II, Line 26
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Jennifer Sutton
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum06198237462
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Musical Theatre Foundation DBA Ovation Theatre
ReturnHeader/Filer/BusinessNameControlTxt0MUSI
ReturnHeader/Filer/EIN0471388690
ReturnHeader/Filer/PhoneNum06198237462
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 235395
ReturnHeader/Filer/USAddress/CityNm0Encinitas
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd0920235395
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0811221297
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0David B McRee
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt066 Boundary Blvd Apt 238
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Rotonda West
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033947
ReturnHeader/PreparerPersonGrp/PhoneNum07273147263
ReturnHeader/PreparerPersonGrp/PreparationDt02023-06-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0David B McRee CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-06-27T07:54:17-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Jennifer
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Sutton
ReturnHeader/TaxPeriodBeginDt02021-10-01
ReturnHeader/TaxPeriodEndDt02022-09-30
ReturnHeader/TaxYr02021

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