Civic Intelligence

Olympia Family Theater

990 • Fiscal year 2023 • EIN 83-0465459

Jul 01, 2022 to Jun 30, 2023 • Filed on Jul 09, 2024

612 4th Avenue EastOlympia, WA 98501

(360) 570-1638

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.04x

Higher debt load relative to assets than 73% of similar nonprofits.

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

Liabilities / Revenue

68th percentile

0.01x

Higher debt load relative to revenue than 68% of similar nonprofits.

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

Net Margin

31st percentile

-6.6%

Higher net margin than 31% of similar nonprofits.

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

Top Officer Pay

90th percentile

$39,000

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 8.1% of source-year revenue.

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

Asset Growth

18th percentile

-28%

Faster asset growth than 18% of similar nonprofits.

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

Revenue Growth

69th percentile

25%

Faster revenue growth than 69% of similar nonprofits.

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

Assets

Down

$155,405

Down $61,291 (-28%) from 2022

Net Assets

Down

$149,943

Down $12,660 (-7.8%) from 2022

Liabilities

Down

$5,462

Down $48,631 (-90%) from 2022

Revenue

Up

$484,111

Up $95,810 (+25%) from 2022

Expenses

Up

$516,259

Up $211,139 (+69%) from 2022

Net Income

Down

-$32,148

Down $115,329 (-139%) from 2022

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2012: $33,884Liabilities 2012: $15,8182012Assets 2013: $34,906Liabilities 2013: $13,8702013Assets 2014: $54,695Liabilities 2014: $41,7192014Assets 2015: $88,779Liabilities 2015: $61,379Net Assets 2015: $27,4002015Assets 2016: $113,882Liabilities 2016: $56,807Net Assets 2016: $57,0752016Assets 2017: $108,803Liabilities 2017: $59,802Net Assets 2017: $49,0012017Assets 2018: $108,917Liabilities 2018: $61,647Net Assets 2018: $47,2702018Assets 2019: $79,143Liabilities 2019: $56,940Net Assets 2019: $22,2032019Assets 2020: $63,734Liabilities 2020: $9,688Net Assets 2020: $54,0462020Assets 2021: $118,073Liabilities 2021: $38,656Net Assets 2021: $79,4172021Assets 2022: $216,696Liabilities 2022: $54,093Net Assets 2022: $162,6032022Assets 2023: $155,405Liabilities 2023: $5,462Net Assets 2023: $149,9432023Assets 2024: $48,977Liabilities 2024: $6,143Net Assets 2024: $42,8342024

Highlighted filing

2023

Assets$155,405
Liabilities$5,462
Net Assets$149,943

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2012: $150,958Expenses 2012: $160,325Net Income 2012: -$9,3672012Revenue 2013: $172,858Expenses 2013: $169,888Net Income 2013: $2,9702013Revenue 2014: $158,464Expenses 2014: $166,524Net Income 2014: -$8,0602014Revenue 2015: $216,798Expenses 2015: $202,374Net Income 2015: $14,4242015Revenue 2016: $248,685Expenses 2016: $219,010Net Income 2016: $29,6752016Revenue 2017: $261,514Expenses 2017: $269,589Net Income 2017: -$8,0752017Revenue 2018: $295,969Expenses 2018: $293,194Net Income 2018: $2,7752018Revenue 2019: $282,997Expenses 2019: $308,064Net Income 2019: -$25,0672019Revenue 2020: $277,875Expenses 2020: $246,032Net Income 2020: $31,8432020Revenue 2021: $101,785Expenses 2021: $76,415Net Income 2021: $25,3702021Revenue 2022: $388,301Expenses 2022: $305,120Net Income 2022: $83,1812022Revenue 2023: $484,111Expenses 2023: $516,259Net Income 2023: -$32,1482023Revenue 2024: $356,395Expenses 2024: $463,504Net Income 2024: -$107,1092024

Highlighted filing

2023

Revenue$484,111
Expenses$516,259
Net Income-$32,148
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Jul 9, 2024
Return Version
2022v5.0
Gross Receipts
$484,111
Mission and Program Overview

Mission

To present affordable plays and educational theater experiences for young audiences and their families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$203,297$145,709▼ $57,588
Land, Buildings, and Equipment, Net$7,348$9,696▲ $2,348
Prepaid Expenses and Deferred Charges$5,967--
Total Assets$216,796$155,405▼ $61,391
Other Assets Total$184$0▼ $184
Liabilities
Accounts Payable and Accrued Expenses$5,040$5,002▼ $38
Deferred Revenue$49,637$460▼ $49,177
Total Liabilities$54,677$5,462▼ $49,215
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$162,119$149,943▼ $12,176
Total Net Assets Fund Balance$162,119$149,943▼ $12,176
Total Liabilities and Net Assets / Fund Balance$216,796$155,405▼ $61,391

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$24,184-$24,184
Leasehold Improvements$16,233-$16,233
Land$0-$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lilly RaabeArtistic DirectorFT$39,000$39,000
Erin MurrayEducation ManagerFT$34,320$34,320
Kate ArvinDeputy DirectorFT$34,320$34,320

Board Members and Trustees

NameTitle
Samantha ChandlerBoard of Directors Chair
Sara ThiessenBoard of Directors Vice Chair
Heather AntanaitisBoard Member
Jonnita ThompsonBoard Member
Meghan GoodmanBoard Member
Nicole MillerBoard of Directors Secretary
Ally UptonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$213,121
Program Service Revenue
$268,693
Investment Income
$251
Other Revenue
$2,046
All Other Contributions
$143,944
Change in Net Assets
$-32,148
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$273,640
Other Expenses$228,404
Grants and Similar Amounts Paid$14,215
Total Fundraising Expense$4,169
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$67,108$180,877$0$247,985
Occupancy$0$101,141$0$101,141
Fees for Services Other$74,602$0$0$74,602
Payroll Taxes$7,147$18,508$0$25,655
Fees for Services Accounting$0$15,223$0$15,223
Grants to Domestic Individuals$14,215--$14,215
All Other Expenses$50$10,434$0$10,484
Advertising$6,213$1,655$0$7,868
Royalties$4,559$0$0$4,559
Office Expenses$0$2,765$0$2,765
Insurance$0$2,593$0$2,593
Information Technology$0$2,078$0$2,078
Depreciation Depletion$0$875$0$875
Interest$0$123$0$123
Other Expenses$0$61$0$61
Total Functional Expenses$173,894$338,196$4,169$516,259
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala 2023$16,900$16,900$1,507$15,393
Total Events$16,900$16,900$3,851$13,049
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Olympia Family Theater
EIN
83-0465459
Phone
3605701638
Address
612 4th Avenue East, Olympia, WA 98501

Signing Officer

Name
Mark Alford
Title
Executive Director
Phone
3605701638
Signed
2024-07-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Alford
Formed
2006
Legal Domicile
Wa
Voting Board Members
7
Independent Board Members
7
Employees
40
Volunteers
50

Preparer

Firm
Bliss & Tuttle Cpas
Address
2407 PACIFIC AVE STE C, OLYMPIA, WA 98501
Preparer
William M Knight CPA
Phone
3607545848
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Executive Officers review the tax return before the filing. All board members have access to the tax return filed at the following board meeting.

Form 990, Part IX, Line 11G

Bank fees 11464. 11464. 0. 0.

Form 990, Part IX, Line 11G

Production Contractor Costs 28954. 28954. 0. 0.

Form 990, Part IX, Line 11G

Ticketing fees 5320. 5320. 0. 0.

Form 990, Part IX, Line 11G

Direct production expense 14984. 14984. 0. 0.

Form 990, Part IX, Line 11G

Cast, crew appreciation 4597. 4597. 0. 0.

Form 990, Part IX, Line 11G

Concession Supplies 640. 640. 0. 0.

Form 990, Part IX, Line 11G

Programs 105. 105. 0. 0.

Form 990, Part IX, Line 11G

Posters 1076. 1076. 0. 0.

Form 990, Part IX, Line 11G

Production supplies 54. 54. 0. 0.

Form 990, Part IX, Line 11G

Script purchase and rentals 6042. 6042. 0. 0.

Form 990, Part IX, Line 11G

Education program expenses 1366. 1366. 0. 0.

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IRS990/PrincipalOfficerNm0Mark Alford
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IRS990/ProgSrvcAccomActy2Grp/Desc0Educational Programs: To encourage personal growth, 13 educational and creative drama camps are offered throughout the year. Sound and movement and dance workshops, monologues, scene work and live performance. Scholarships are awarded to youth-in-need. After-school theater classes. Short productions brought to elementary schools and area libraries.
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0Complementary Production Admission
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Assistance only provided in the form of complementary (no charge) admission to the Organization's selected Productions. No cash grants are provided to Organizations or Individuals
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt I Line 2
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