Civic Intelligence

Theatre Downtown Inc.

990 • Fiscal year 2024 • EIN 52-1460366

Jul 01, 2023 to Jun 30, 2024 • Filed on Nov 05, 2024

4018 Argyle Terrace NWWashington, DC 20011

(202) 900-8788

Siviq Scores

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

Liabilities / Assets

86th percentile

0.28x

Higher debt load relative to assets than 86% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

76th percentile

0.04x

Higher debt load relative to revenue than 76% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

17th percentile

-24%

Higher net margin than 17% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

89th percentile

$33,472

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 7.1% of source-year revenue.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

9th percentile

-58%

Faster asset growth than 9% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

33rd percentile

-11%

Faster revenue growth than 33% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$66,994

Down $93,368 (-58%) from 2023

Net Assets

Down

$48,210

Down $112,500 (-70%) from 2023

Liabilities

Up

$18,784

Up $19,132 (+5498%) from 2023

Revenue

Down

$472,960

Down $59,938 (-11%) from 2023

Expenses

Down

$585,860

Down $21,886 (-3.6%) from 2023

Net Income

Down

-$112,900

Down $38,052 (-51%) from 2023

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2011: $91,024Liabilities 2011: $68,820Net Assets 2011: $22,2042011Assets 2012: $34,234Liabilities 2012: $21,403Net Assets 2012: $12,8312012Assets 2013: $30,695Liabilities 2013: $14Net Assets 2013: $30,6812013Assets 2017: $33,952Liabilities 2017: $29,089Net Assets 2017: $4,8632017Assets 2018: $56,469Liabilities 2018: $4,257Net Assets 2018: $52,2122018Assets 2019: $84,085Liabilities 2019: $34Net Assets 2019: $84,1192019Assets 2020: $131,182Liabilities 2020: $63Net Assets 2020: $131,1822020Assets 2021: $298,614Liabilities 2021: $63Net Assets 2021: $298,5512021Assets 2022: $234,096Liabilities 2022: $115Net Assets 2022: $233,9812022Assets 2023: $160,362Liabilities 2023: -$348Net Assets 2023: $160,7102023Assets 2024: $66,994Liabilities 2024: $18,784Net Assets 2024: $48,2102024Assets 2025: $416,224Liabilities 2025: $7,224Net Assets 2025: $409,0002025

Highlighted filing

2024

Assets$66,994
Liabilities$18,784
Net Assets$48,210

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $317,482Expenses 2011: $318,156Net Income 2011: -$6742011Revenue 2012: $335,455Expenses 2012: $273,316Net Income 2012: $62,1392012Revenue 2013: $429,155Expenses 2013: $384,558Net Income 2013: $44,5972013Revenue 2017: $345,640Expenses 2017: $334,375Net Income 2017: $11,2652017Revenue 2018: $401,170Expenses 2018: $353,820Net Income 2018: $47,3502018Revenue 2019: $437,920Expenses 2019: $404,944Net Income 2019: $32,9762019Revenue 2020: $476,822Expenses 2020: $429,822Net Income 2020: $47,0002020Revenue 2021: $380,032Expenses 2021: $213,260Net Income 2021: $166,7722021Revenue 2022: $426,814Expenses 2022: $492,534Net Income 2022: -$65,7202022Revenue 2023: $532,898Expenses 2023: $607,746Net Income 2023: -$74,8482023Revenue 2024: $472,960Expenses 2024: $585,860Net Income 2024: -$112,9002024Revenue 2025: $806,557Expenses 2025: $506,336Net Income 2025: $300,2212025

Highlighted filing

2024

Revenue$472,960
Expenses$585,860
Net Income-$112,900
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 5, 2024
Return Version
2023v5.1
Gross Receipts
$472,960
Mission and Program Overview

Mission

The Washington Stage Guild (incorporated as Theatre Downtown,Inc) produced eloquent plays of ideas and argument, passion and wit, plays presented by a classical ensemble with a contemporary sensibility.

To produce eloquent plays of ideas and argument passion and wit live professional theatre for the DC area and its visitors

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$42,006$31,504▼ $10,502
Loans From Officers Directors-$18,300-
Cash and Non-Interest-Bearing Accounts$95,399$12,747▼ $82,652
Total Assets$160,362$66,994▼ $93,368
Other Assets Total$22,957$22,743▼ $214
Liabilities
Accounts Payable and Accrued Expenses$-348$484▲ $832
Total Liabilities$-348$18,784▲ $19,132
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$160,710$48,210▼ $112,500
Total Net Assets Fund Balance$160,710$48,210▼ $112,500
Total Liabilities and Net Assets / Fund Balance$160,362$66,994▼ $93,368

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$31,504$44,051-
Other Assets Org$101--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Bill LargessArtistic DirectorFT$33,472$33,472
Steve CarpenterAsso Artistic DirectorPT$25,486$25,486
Laura GiannarelliPresident Board of DirectorPT$11,048$11,048
Lynn SteinmetzExecutive DirectorPT$3,416$3,416

Board Members and Trustees

NameTitle
Andrea HatfieldDirector
Elizabeth PrattDirector
Ann NortonTreasurer Board of Director
Revenue and Support

Revenue Composition

Contributions and Grants
$332,629
Program Service Revenue
$140,274
Investment Income
$57
Other Revenue
$0
All Other Contributions
$208,058
Change in Net Assets
$-112,900

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeReported AmountValuation Method
Other Non Cash Contri Table$89,200Fair Market Value (FMV)
Other Non Cash Contri Table$17,400Fair Market Value (FMV)
Total Noncash Contributions$106,600-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$303,160
Other Expenses$282,700
Total Fundraising Expense$8,011
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$130,036--$130,036
Current Officers, Directors, Trustees, and Key Employees$46,000$72,000-$118,000
Occupancy$65,764--$65,764
Advertising$26,794-$6,871$33,665
Other Employee Benefits$33,434--$33,434
Interest$16,815--$16,815
Payroll Taxes$13,814--$13,814
Office Expenses$10,881$1,838-$12,719
Depreciation Depletion$10,502--$10,502
Fees for Services Accounting$9,000--$9,000
Pension Plan Contributions$7,876--$7,876
Insurance$7,560--$7,560
Royalties$6,682--$6,682
Information Technology$4,635--$4,635
Fees for Services Other--$1,140$1,140
Travel$403--$403
Other Expenses$265--$265
Total Functional Expenses$504,011$73,838$8,011$585,860
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-$18,300-
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 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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI Line 11B

Each member of the board is provided a complete copy of the 990 with all

Part VI Line 11B

required schedules and is allowed four working days to review and comment.

Part VI Line 12C

Annually members of the Board are provided a copy of the policy and

Part VI Line 12C

disclosure form to sign their pledge to adhere to said policy.

Part VI Line 15A or B

The finance committee of the Board reviews current published compensation

Part VI Line 15A or B

in the Greater Washington area for similar positions.

Part VI Line 19

The organization makes its governing documents, policies and financial

Part VI Line 19

statements available to the public upon request at [email protected]

Filing and Contact Details

Filer

Filer Name
Theatre Downtown Inc
EIN
52-1460366
In Care Of
% Lynn M Steinmetz
Phone
2029008788
Address
4018 Argyle Terrace NW, Washington, DC 20011
Doing Business As
The Washington Stage Guild

Signing Officer

Name
Lynn M Steinmetz
Title
Executive Director
Phone
3013465708
Signed
2024-11-05

Organization Details

Principal Officer
Lynn Steinmetz
Formed
1986
Legal Domicile
Dc
Voting Board Members
6
Independent Board Members
4
Employees
33
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/DisclosedOrgLegCtrlInd0false
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt044051
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt075555
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt022642
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1101
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Actors Federal Credit Uni
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Deposits
IRS990ScheduleD/Section170hRqrStsfdInd0false
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/TotalBookValueLandBuildingsAmt031504
IRS990ScheduleD/TotalBookValueOtherAssetsAmt022743
IRS990ScheduleD/WrittenPolicyMonitoringInd0false
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd2false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd3false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd4false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd5false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd6false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd7false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd8false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd9false
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IRS990ScheduleL/DisqualifiedPersonExBnftTrGrp/TransactionCorrectedInd2false
IRS990ScheduleL/DisqualifiedPersonExBnftTrGrp/TransactionCorrectedInd3false
IRS990ScheduleL/DisqualifiedPersonExBnftTrGrp/TransactionCorrectedInd4false
IRS990ScheduleL/DisqualifiedPersonExBnftTrGrp/TransactionCorrectedInd5false
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd5false
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd9false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Pay for extermination
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1Replenish funds
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt115000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0LYNN STEINMETZ
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1LYNN STEINMETZ
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Executive Director
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1Executive Director
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd4false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd5false
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd7false
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IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0Services performed
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1Materials donated for set
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt1FMV
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IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc0Other
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Each member of the board is provided a complete copy of the 990 with all
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1required schedules and is allowed four working days to review and comment.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Annually members of the Board are provided a copy of the policy and
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3disclosure form to sign their pledge to adhere to said policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The finance committee of the Board reviews current published compensation
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5in the Greater Washington area for similar positions.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The organization makes its governing documents, policies and financial
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7statements available to the public upon request at [email protected]
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part VI Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part VI Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part VI Line 15a or b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part VI Line 15a or b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Part VI Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Part VI Line 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0160362
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IRS990/TotalAssetsGrp/BOYAmt0160362
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IRS990/TotalCompGreaterThan150KInd0false
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt073838
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0504011
IRS990/TotalFunctionalExpensesGrp/TotalAmt0585860
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0-348
IRS990/TotalLiabilitiesEOYAmt018784

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