Civic Intelligence

Seattle Childrens Theatre Association

EIN 51-0172421 • 501(c)3 • Seattle, WA

Profile

Provide cultural and educational experiences for children. The theatre offers professional theatre productions geared towards children and their families, as well as classes and workshops that help to develop theatre and acting skills.

201 Thomas StreetSeattle, WA 98109-4555

www.sct.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

61st percentile

0.22x

Higher debt load relative to assets than 61% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

53rd percentile

0.18x

Higher debt load relative to revenue than 53% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

33rd percentile

-1.4%

Higher net margin than 33% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

24th percentile

-2.8%

Faster asset growth than 24% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

74th percentile

24%

Faster revenue growth than 74% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Assets

Up

$10,554,522

Up $2,816,827 (+36%) from 2023

Liabilities

Up

$6,684,327

Up $5,284,787 (+378%) from 2023

Net Assets

Down

$3,870,195

Down $2,467,960 (-39%) from 2023

Revenue

Down

$6,206,085

Down $4,791,662 (-44%) from 2023

Expenses

Up

$8,674,045

Up $645,542 (+8.0%) from 2023

Net Income

Down

-$2,467,960

Down $5,437,204 (-183%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2010: $9,026,129Liabilities 2010: $1,202,823Net Assets 2010: $7,823,3062010Assets 2011: $8,412,569Liabilities 2011: $1,366,862Net Assets 2011: $7,045,7072011Assets 2012: $8,227,959Liabilities 2012: $1,322,405Net Assets 2012: $6,905,5542012Assets 2013: $7,302,175Liabilities 2013: $1,403,770Net Assets 2013: $5,898,4052013Assets 2014: $6,576,109Liabilities 2014: $1,700,807Net Assets 2014: $4,875,3022014Assets 2015: $6,521,844Liabilities 2015: $1,935,251Net Assets 2015: $4,586,5932015Assets 2016: $7,042,580Liabilities 2016: $1,766,392Net Assets 2016: $5,276,1882016Assets 2017: $7,080,270Liabilities 2017: $1,861,410Net Assets 2017: $5,218,8602017Assets 2018: $6,431,435Liabilities 2018: $2,901,182Net Assets 2018: $3,530,2532018Assets 2019: $5,413,711Liabilities 2019: $3,516,243Net Assets 2019: $1,897,4682019Assets 2020: $5,033,761Liabilities 2020: $3,451,467Net Assets 2020: $1,582,2942020Assets 2021: $5,075,025Liabilities 2021: $1,120,875Net Assets 2021: $3,954,1502021Assets 2022: $4,931,757Liabilities 2022: $1,062,846Net Assets 2022: $3,868,9112022Assets 2023: $7,737,695Liabilities 2023: $1,399,540Net Assets 2023: $6,338,1552023Assets 2024: $10,554,522Liabilities 2024: $6,684,327Net Assets 2024: $3,870,1952024

Highlighted filing

2024

Assets$10,554,522
Liabilities$6,684,327
Net Assets$3,870,195

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $6,643,0102010Revenue 2011: $5,450,256Expenses 2011: $6,227,855Net Income 2011: -$777,5992011Expenses 2012: $6,251,8262012Revenue 2013: $5,287,655Expenses 2013: $6,230,572Net Income 2013: -$942,9172013Revenue 2014: $5,119,458Expenses 2014: $6,142,561Net Income 2014: -$1,023,1032014Revenue 2015: $5,696,148Expenses 2015: $5,984,857Net Income 2015: -$288,7092015Revenue 2016: $7,753,848Expenses 2016: $7,064,253Net Income 2016: $689,5952016Revenue 2017: $6,830,580Expenses 2017: $6,887,908Net Income 2017: -$57,3282017Revenue 2018: $6,334,280Expenses 2018: $8,022,887Net Income 2018: -$1,688,6072018Revenue 2019: $6,823,751Expenses 2019: $8,456,536Net Income 2019: -$1,632,7852019Revenue 2020: $5,859,681Expenses 2020: $6,174,855Net Income 2020: -$315,1742020Revenue 2021: $4,778,386Expenses 2021: $2,875,278Net Income 2021: $1,903,1082021Revenue 2022: $5,926,722Expenses 2022: $6,011,961Net Income 2022: -$85,2392022Revenue 2023: $10,997,747Expenses 2023: $8,028,503Net Income 2023: $2,969,2442023Revenue 2024: $6,206,085Expenses 2024: $8,674,045Net Income 2024: -$2,467,9602024

Highlighted filing

2024

Revenue$6,206,085
Expenses$8,674,045
Net Income-$2,467,960

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.6$6.68$3.87$6.21$8.67$2.47
2023Detailed filing. Detailed filing data is available for this year.$7.74$1.40$6.34$11.0$8.03$2.97
2022Detailed filing. Detailed filing data is available for this year.$4.93$1.06$3.87$5.93$6.01$0.09
2021Detailed filing. Detailed filing data is available for this year.$5.08$1.12$3.95$4.78$2.88$1.90
2020Detailed filing. Detailed filing data is available for this year.$5.03$3.45$1.58$5.86$6.17$0.32
2019Detailed filing. Detailed filing data is available for this year.$5.41$3.52$1.90$6.82$8.46$1.63
2018Detailed filing. Detailed filing data is available for this year.$6.43$2.90$3.53$6.33$8.02$1.69
2017Detailed filing. Detailed filing data is available for this year.$7.08$1.86$5.22$6.83$6.89$0.06
2016Detailed filing. Detailed filing data is available for this year.$7.04$1.77$5.28$7.75$7.06$0.69
2015Detailed filing. Detailed filing data is available for this year.$6.52$1.94$4.59$5.70$5.98$0.29
2014Detailed filing. Detailed filing data is available for this year.$6.58$1.70$4.88$5.12$6.14$1.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.30$1.40$5.90$5.29$6.23$0.94
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.23$1.32$6.91$6.25
2011Summary only. Only limited summary data is available for this year.$8.41$1.37$7.05$5.45$6.23$0.78
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.03$1.20$7.82$6.64
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2023 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 15, 2024
Return Version
2022v5.0
Gross Receipts
$11,027,728
Mission and Program Overview

Mission

Provide cultural and educational experiences for children. The theatre offers professional theatre productions geared towards children and their families, as well as classes and workshops that help to develop theatre and acting skills.

Our mission is to provide children of all ages and backgrounds access to professional theatre, with a focus on new works, and theatre education. For many children, we are the first, and sometimes, sole, exposure they have to live theatre.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$0$3,600,023▲ $3,600,023
Land, Buildings, and Equipment, Net$3,180,574$2,963,220▼ $217,354
Pledges and Grants Receivable$592,267$932,929▲ $340,662
Cash and Non-Interest-Bearing Accounts$1,111,643$169,626▼ $942,017
Prepaid Expenses and Deferred Charges$42,583$58,346▲ $15,763
Accounts Receivable$5$8,866▲ $8,861
Inventories for Sale or Use$4,685$4,685→ $0
Total Assets$4,931,757$7,737,695▲ $2,805,938
Liabilities
Deferred Revenue$398,280$653,684▲ $255,404
Other Liabilities$250,000$525,000▲ $275,000
Accounts Payable and Accrued Expenses$414,566$220,856▼ $193,710
Total Liabilities$1,062,846$1,399,540▲ $336,694
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,877,232$3,887,855▲ $2,010,623
Net Assets With Donor Restrictions$1,991,679$2,450,300▲ $458,621
Total Net Assets Fund Balance$3,868,911$6,338,155▲ $2,469,244
Total Liabilities and Net Assets / Fund Balance$4,931,757$7,737,695▲ $2,805,938

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$818,475$6,921,226$7,739,701
Buildings$1,609,116$5,283,242$6,892,358
Equipment$141,136$1,088,676$1,229,812
Other Land Buildings$394,493-$394,493
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kevin MalgesiniManaging DirectorFT$147,000$10,542$157,542
Tony FroehlichDirector of FinanceFT$91,539$10,542$102,081

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
The Brad Simon Organization INCProduction Agent2 KLARIDES VILLAGE DRIVE 337, Seymour, CT 06483$138,750
Ch Tech ServicesIt Management4000 AURORA AVE N SUITE 225, Seattle, WA 98103$110,276
Revenue and Support

Revenue Composition

Contributions and Grants
$8,980,950
Program Service Revenue
$1,958,216
Investment Income
$44,126
Other Revenue
$14,455
All Other Contributions
$8,635,784
Change in Net Assets
$2,969,244

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded3$67,829Fair Market Value
Total Noncash Contributions3$67,829-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,413,593
Other Expenses$3,604,218
Total Fundraising Expense$512,733
Grants and Similar Amounts Paid$10,692
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,844,201$180,964$302,751$3,327,916
Office Expenses$692,357$214,885$20,335$927,577
Depreciation Depletion$657,101$6,077-$663,178
Occupancy$568,500$5,258-$573,758
Fees for Services Other$205,477$278,887$56,965$541,329
Payroll Taxes$359,989$27,711$34,148$421,848
Other Employee Benefits$321,589$50,285$31,814$403,688
Travel$257,256$7,108$1,457$265,821
Current Officers, Directors, Trustees, and Key Employees-$260,141-$260,141
Advertising$148,435$11,595$59$160,089
Royalties$140,933--$140,933
Fees for Services Accounting-$112,018-$112,018
Information Technology$56,711$524-$57,235
Insurance$31,707$293-$32,000
Other Expenses$880$10,806$120$11,806
Grants to Domestic Individuals$10,692--$10,692
Total Functional Expenses$6,308,596$1,207,174$512,733$8,028,503
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payable to Sctf$525,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The return is reviewed by the director of finance and administration. Copies are then given to all trustees and the 990 is reviewed and discussed at both a finance committee meeting and a trustee meeting. For the fiscal year ended june 30, 2023, board review was completed after the return was filed.

Form 990, Part VI, Section B, Line 12C

Annual questionnaires are sent to all officers, directors and trustees. A conflict arising during the year should be disclosed in good faith, and the interested person may be recused from discussion and voting on the matter.

Form 990, Part VI, Section B, Line 15

A committee of the board is responsible for hiring the managing director and artistic director. Compensation is also set by the committee. A compensation consultant, compensation connections, aided in setting baseline salaries for all positions in fiscal year 2022/2023. The decision regarding managing director and artistic director compensatoin is documented in board minutes. Compensation decision for other officers, directors, and key employees is documented in the hr system, and changes are communicated via email and/or signed memo.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available upon written request.

Filing and Contact Details

Filer

Filer Name
SEATTLE CHILDREN'S THEATRE ASSOCIATION
EIN
51-0172421
Phone
2064430807
Address
201 THOMAS STREET, SEATTLE, WA 98109-4555

Signing Officer

Name
Kevin Malgesini
Title
Managing Director
Phone
2064430807
Signed
2024-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Malgesini
Formed
1975
Legal Domicile
Wa
Voting Board Members
30
Independent Board Members
30
Employees
256
Volunteers
80

Preparer

Firm
Clark Nuber Ps
Address
10900 NE 4TH STREET SUITE 1400, BELLEVUE, WA 98004
Preparer
Megan R Ryan
Phone
4254544919
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 6, VOLUNTEERS:

There were approximately 80 volunteers for july 1, 2022-june 30, 2023. A contact list of the volunteers was kept and at the peak point of that year, there were 52 names on the list. As some volunteers work alone and some are the contact person for their group or family, 1.5 people per contact name was counted. Volunteer services included greeting and directing patrons, scanning tickets, distributing programs, and assisting with the gift shop.

Form 990, Part III, Line 2

The organization commenced two new programs during the reporting year a community engagement program and the super heros project a multi-theatre project operating throughout the united states.

FORM 990, PART XI, LINE 9:

Transfer to seattle children's theatre foundation -500,000.

Raw XML AppendixShowing 400 of 782 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0414566
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0220856
IRS990/AccountsReceivableGrp/BOYAmt05
IRS990/AccountsReceivableGrp/EOYAmt08866
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0OUR MISSION IS TO PROVIDE CHILDREN OF ALL AGES AND BACKGROUNDS ACCESS TO PROFESSIONAL THEATRE, WITH A FOCUS ON NEW WORKS, AND THEATRE EDUCATION. FOR MANY CHILDREN, WE ARE THE FIRST, AND SOMETIMES, SOLE, EXPOSURE THEY HAVE TO LIVE THEATRE.
IRS990/AdvertisingGrp/FundraisingAmt059
IRS990/AdvertisingGrp/ManagementAndGeneralAmt011595
IRS990/AdvertisingGrp/ProgramServicesAmt0148435
IRS990/AdvertisingGrp/TotalAmt0160089
IRS990/AllOtherContributionsAmt08635784
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0TONY FROEHLICH
IRS990/BooksInCareOfDetail/PhoneNum02064430807
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0201 THOMAS STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0SEATTLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0981094555
IRS990/BusinessRlnWith35CtrlEntInd00
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IRS990/BusinessRlnWithOrgMemInd00
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IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt02
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0260141
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IRS990/CompensationFromOtherSrcsInd00
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IRS990/ContractorCompensationGrp/CompensationAmt1110276
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IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0THE BRAD SIMON ORGANIZATION INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1CH TECH SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc0PRODUCTION AGENT
IRS990/ContractorCompensationGrp/ServicesDesc1IT MANAGEMENT
IRS990/CostOfGoodsSoldAmt029981
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt08980950
IRS990/CYGrantsAndSimilarPaidAmt010692
IRS990/CYInvestmentIncomeAmt044126
IRS990/CYOtherExpensesAmt03604218
IRS990/CYOtherRevenueAmt014455
IRS990/CYProgramServiceRevenueAmt01958216
IRS990/CYRevenuesLessExpensesAmt02969244
IRS990/CYSalariesCompEmpBnftPaidAmt04413593
IRS990/CYTotalExpensesAmt08028503
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IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt010997747
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DeferredRevenueGrp/BOYAmt0398280
IRS990/DeferredRevenueGrp/EOYAmt0653684
IRS990/DelegationOfMgmtDutiesInd00
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IRS990/DepreciationDepletionGrp/TotalAmt0663178
IRS990/Desc0LIVE MAINSTAGE THEATRE PRODUCTIONS AND PRODUCTIONS OF NEW WORKS FOR YOUTH ARE TWO OF THE MAJOR PILLARS OF SCT'S MISSION.
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IRS990/EmployeeCnt0256
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IRS990/FeesForServicesOtherGrp/TotalAmt0541329
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