Civic Intelligence

Secondstory Repertory

EIN 91-1897049 • 501(c)3 • Redmond, WA

Profile

To provide performances to the public and to provide education and a place for young people and others to perform in theater productions.the theatres mission is to entertain, educate, and enlighten the diverse communities of artists & audiences on seattles eastside.

7325 166th Avenue NE Ste 250Redmond, WA 98052

secondstoryrep.org

Siviq Scores

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

Liabilities / Assets

94th percentile

1.05x

Higher debt load relative to assets than 94% of similar nonprofits.

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

Liabilities / Revenue

88th percentile

0.27x

Higher debt load relative to revenue than 88% of similar nonprofits.

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

Net Margin

49th percentile

1.1%

Higher net margin than 49% of similar nonprofits.

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

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

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

Asset Growth

60th percentile

3.5%

Faster asset growth than 60% of similar nonprofits.

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

Revenue Growth

32nd percentile

-23%

Faster revenue growth than 32% of similar nonprofits.

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

Assets

Up

$44,988

Up $28,962 (+181%) from 2022

Liabilities

Down

$49,528

Down $15,229 (-24%) from 2022

Net Assets

Up

-$4,540

Up $44,191 (+91%) from 2022

Revenue

Up

$237,267

Up $71,504 (+43%) from 2022

Expenses

Up

$188,672

Up $42,533 (+29%) from 2022

Net Income

Up

$48,595

Up $28,971 (+148%) from 2022

Trend Graphs

Balance Sheet Trend

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

$100K$50K$0-$50K-$100KAssets 2010: $13,741Liabilities 2010: $90,070Net Assets 2010: -$76,3292010Assets 2011: $28,276Liabilities 2011: $82,370Net Assets 2011: -$54,0942011Assets 2012: $23,397Liabilities 2012: $70,925Net Assets 2012: -$47,5282012Assets 2013: $27,166Liabilities 2013: $73,550Net Assets 2013: -$46,3842013Assets 2014: $13,371Liabilities 2014: $57,348Net Assets 2014: -$43,9772014Assets 2015: $16,120Liabilities 2015: $63,635Net Assets 2015: -$47,5152015Assets 2016: $12,402Liabilities 2016: $58,207Net Assets 2016: -$45,8052016Assets 2017: $19,117Liabilities 2017: $60,907Net Assets 2017: -$41,7902017Assets 2018: $28,450Liabilities 2018: $73,615Net Assets 2018: -$45,1652018Assets 2019: $3,018Liabilities 2019: $77,104Net Assets 2019: -$74,0862019Assets 2020: $22,482Liabilities 2020: $88,420Net Assets 2020: -$65,9382020Assets 2021: $13,784Liabilities 2021: $82,139Net Assets 2021: -$68,3552021Assets 2022: $16,026Liabilities 2022: $64,757Net Assets 2022: -$48,7312022Assets 2023: $44,988Liabilities 2023: $49,528Net Assets 2023: -$4,5402023

Highlighted filing

2023

Assets$44,988
Liabilities$49,528
Net Assets-$4,540

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2010: $289,7622010Revenue 2011: $224,910Expenses 2011: $202,675Net Income 2011: $22,2352011Expenses 2012: $264,7092012Expenses 2013: $276,1462013Revenue 2014: $273,670Expenses 2014: $271,263Net Income 2014: $2,4072014Revenue 2015: $260,870Expenses 2015: $264,408Net Income 2015: -$3,5382015Revenue 2016: $248,669Expenses 2016: $246,959Net Income 2016: $1,7102016Revenue 2017: $220,512Expenses 2017: $216,497Net Income 2017: $4,0152017Revenue 2018: $243,898Expenses 2018: $247,273Net Income 2018: -$3,3752018Revenue 2019: $200,233Expenses 2019: $229,154Net Income 2019: -$28,9212019Revenue 2020: $189,153Expenses 2020: $181,005Net Income 2020: $8,1482020Revenue 2021: $55,384Expenses 2021: $57,801Net Income 2021: -$2,4172021Revenue 2022: $165,763Expenses 2022: $146,139Net Income 2022: $19,6242022Revenue 2023: $237,267Expenses 2023: $188,672Net Income 2023: $48,5952023

Highlighted filing

2023

Revenue$237,267
Expenses$188,672
Net Income$48,595

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$0.45$0.50$0.05$2.37$1.89$0.49
2022Summary only. Only limited summary data is available for this year.$0.16$0.65$0.49$1.66$1.46$0.20
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$0.82$0.68$0.55$0.58$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.22$0.88$0.66$1.89$1.81$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.03$0.77$0.74$2.00$2.29$0.29
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.28$0.74$0.45$2.44$2.47$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.19$0.61$0.42$2.21$2.16$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.12$0.58$0.46$2.49$2.47$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.16$0.64$0.48$2.61$2.64$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.13$0.57$0.44$2.74$2.71$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.74$0.46$2.76
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.23$0.71$0.48$2.65
2011Summary only. Only limited summary data is available for this year.$0.28$0.82$0.54$2.25$2.03$0.22
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$0.90$0.76$2.90
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 13, 2022
Return Version
2020v4.1
Gross Receipts
$55,384
Mission and Program Overview

Mission

The theatres mission is to entertain, educate, and enlighten diverse communities. The second story provided performances to 4,627 mainstage, 76 improv, & 336 children, featuring local actors engaged in improving their craft through performance and educational opportunities.

To provide performances to the public and to provide education and a place for young people and others to perform in theater productions.the theatres mission is to entertain, educate, and enlighten diverse communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$68,936$67,336▼ $1,600
Cash and Non-Interest-Bearing Accounts$20,732$13,534▼ $7,198
Accounts Receivable$1,500--
Prepaid Expenses and Deferred Charges$250$250→ $0
Rtn Earn Endowment Incm Other Fnds$-65,938$-68,355▼ $2,417
Total Assets$22,482$13,784▼ $8,698
Liabilities
Unsecured Notes Loans Payable$18,300$13,000▼ $5,300
Accounts Payable and Accrued Expenses$594$1,158▲ $564
Other Liabilities$590$645▲ $55
Total Liabilities$88,420$82,139▼ $6,281
Net Assets / Fund Balance
Total Net Assets Fund Balance$-65,938$-68,355▼ $2,417
Total Liabilities and Net Assets / Fund Balance$22,482$13,784▼ $8,698

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$87,263-
Leasehold Improvements-$60,490-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Danny MillerPresident
Dave LecompteVice President
Beryl StandleyDirector
Nancy HeardDirector
Mark ChenovickExecutive Artistic Director
Amy FlorenceFormer Director
Kellie EickmeyerFormer Director
Peter LechFormer Director
Jennifer ChenovickManaging Director
Gretchen LoschenSecretary
Bill AdamoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$55,384
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$13,534
Change in Net Assets
$-2,417
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$42,751
Salaries, Compensation, and Employee Benefits$15,050
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$29,414$9,805-$39,219
Current Officers, Directors, Trustees, and Key Employees-$13,725-$13,725
Insurance$1,117$373-$1,490
Payroll Taxes-$1,325-$1,325
Other Expenses$99$1,629-$99
Advertising$70--$70
Office Expenses$-76$39-$-37
Royalties$-1,475--$-1,475
Total Functional Expenses$30,905$26,896$0$57,801
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$68,936$67,336▼ $1,600
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$367
Sales Tax Liability$278
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
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

Officer directors etc family relationship Part VI line 2

The executive artistic director and the managing director are married.

Committee meeting documentation Part VI line 8B

Committees are not required to prepare minutes of their meetings and/or actions. They do report all committee activity to the board of directors, and those decisions and actions are included in the board of directorss minutes of their monthly meetings.

Form 990 governing body review Part VI line 11

The board of directors meet with the theaters cpa, who prepared the form 990, and review and discuss the form 990, the financial results for the year, and policies and procedures that are important to protect the public interest. The board of directors approved the form 990 prior to its filing.

Conflict of interest policy compliance Part VI line 12C

The bylaws state that all directors, officers, and key employees are required to avoid situations that would cause the appearance of any conflict of interest. The board of directors recently drafted a written policy to formalize and publicize this conflict of interest policy, and adopted procedures for reporting potential conflicts. This policy requires that anyone with a possible conflict of interest, must report the potential conflict to the board as soon as it is discovered. In addition, the theatres accountant inquires during their meeting as to any conflicts of interest.

CEO executive director top management comp Part VI line 15A

The executive artistic director and the managing director are the only salaried employees contracted by the board of directors. Compensation for these key management positions is determined by the financial committee of the board at the time of budgeting for each fiscal year, and is referred to the full board of directors for approval on an annual basis.

Other officer or key employee compensation Part VI line 15B

Other staff are hired by the executive artistic director. The rates of pay and allocated budget for pay are included in all budgeting plans that are approved by the board of directors on an annual basis.

Governing documents etc available to public Part VI line 19

The theaters 501(c)3 letter of determination, bylaws, conflict of interest policy, form 990, washington state non-profit annual report, financial statements, and budgets are all available for review in the theatre office upon request.

Filing and Contact Details

Filer

Filer Name
Secondstory Repertory
EIN
91-1897049
Address
7325 166TH AVENUE NE STE 250, REDMOND, WA 98052

Signing Officer

Name
Danny Miller
Title
President
Phone
4258816777
Signed
2022-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Danny Miller
Formed
1998
Legal Domicile
Wa
Voting Board Members
6
Independent Board Members
6
Employees
2
Volunteers
8

Preparer

Firm
Edward P Rich CPA
Address
15617 NE 91st Way, REDMOND, WA 98052-7528
Preparer
Edward P Rich
Phone
4258823348
Supplemental Narrative

Additional Explanations

Cessation of or significant change to any program service Part III line 3

The theatre was closed for the entire fiscal year due to covid, and the govenors declaration of a state of emergency which mandated closure of theatres and other public areas. The theatre has reopened and is providing programs in 2022.

Raw XML AppendixShowing 400 of 449 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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IRS990/NetAssetsOrFundBalancesEOYAmt0-68355
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IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt09805
IRS990/OccupancyGrp/ProgramServicesAmt029414
IRS990/OccupancyGrp/TotalAmt039219
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt039
IRS990/OfficeExpensesGrp/ProgramServicesAmt0-76
IRS990/OfficeExpensesGrp/TotalAmt0-37
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
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IRS990/OtherExpensesGrp/Desc0TELEPHONE
IRS990/OtherExpensesGrp/Desc1DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2TICKET REFUND
IRS990/OtherExpensesGrp/Desc3CREDIT CARD FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01629
IRS990/OtherExpensesGrp/ProgramServicesAmt01629
IRS990/OtherExpensesGrp/ProgramServicesAmt150
IRS990/OtherExpensesGrp/ProgramServicesAmt277
IRS990/OtherExpensesGrp/ProgramServicesAmt399
IRS990/OtherExpensesGrp/TotalAmt03258
IRS990/OtherExpensesGrp/TotalAmt150
IRS990/OtherExpensesGrp/TotalAmt277
IRS990/OtherExpensesGrp/TotalAmt399
IRS990/OtherLiabilitiesGrp/BOYAmt0590
IRS990/OtherLiabilitiesGrp/EOYAmt0645
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01325
IRS990/PayrollTaxesGrp/TotalAmt01325
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0250
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0250
IRS990/PrincipalOfficerNm0DANNY MILLER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt058142
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0129577
IRS990/PYOtherRevenueAmt03934
IRS990/PYProgramServiceRevenueAmt0127077
IRS990/PYRevenuesLessExpensesAmt08148
IRS990/PYSalariesCompEmpBnftPaidAmt051428
IRS990/PYTotalExpensesAmt0181005
IRS990/PYTotalRevenueAmt0189153
IRS990/ReconcilationRevenueExpnssAmt0-2417
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/ProgramServicesAmt0-1475
IRS990/RoyaltiesGrp/TotalAmt0-1475
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-65938
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-68355
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt055384
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt058142
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt055168
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt039196
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt038647
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0246537
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.74290
IRS990ScheduleA/PublicSupportPY170Pct00.73480
IRS990ScheduleA/PublicSupportTotal170Amt0183141
IRS990ScheduleA/SubstantialContributorsTotAmt063396
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt055384
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt058142
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt055168
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt039196
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt038647
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0246537
IRS990ScheduleA/TotalSupportAmt0246537
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt087263
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt087263
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt060490
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt060490
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0367
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1278
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SALES TAX LIABILITY
IRS990ScheduleD/TotalLiabilityAmt0645
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0AMY FLORENCE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1PETER LECH
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2KELLIE EICKMEYER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0FORMER DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1FORMER DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2FORMER DIRECTOR
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt040000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt120736
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt24800
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt31800
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd2true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd3true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd2false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd3false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0WORKING CAPITAL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1OUT OF POCKET EXPENS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2DEFERRED SALARY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt3DEFERRED SALARY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd3X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt048215
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt121680
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt219415
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt313200
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0GRETCHEN LOSCHEN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1MARK CHENOVICK
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2MARK CHENOVICK
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm3JENNIFER KLOS CHENOVICK
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1EXEC ARTISTIC DIRECT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2EXEC ARTISTIC DIRECT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt3MANAGING DIRECTOR
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd2false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd3false
IRS990ScheduleL/TotalBalanceDueAmt067336
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE ARTISTIC DIRECTOR AND THE MANAGING DIRECTOR ARE MARRIED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMMITTEES ARE NOT REQUIRED TO PREPARE MINUTES OF THEIR MEETINGS AND/OR ACTIONS. THEY DO REPORT ALL COMMITTEE ACTIVITY TO THE BOARD OF DIRECTORS, AND THOSE DECISIONS AND ACTIONS ARE INCLUDED IN THE BOARD OF DIRECTORSS MINUTES OF THEIR MONTHLY MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS MEET WITH THE THEATERS CPA, WHO PREPARED THE FORM 990, AND REVIEW AND DISCUSS THE FORM 990, THE FINANCIAL RESULTS FOR THE YEAR, AND POLICIES AND PROCEDURES THAT ARE IMPORTANT TO PROTECT THE PUBLIC INTEREST. THE BOARD OF DIRECTORS APPROVED THE FORM 990 PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BYLAWS STATE THAT ALL DIRECTORS, OFFICERS, AND KEY EMPLOYEES ARE REQUIRED TO AVOID SITUATIONS THAT WOULD CAUSE THE APPEARANCE OF ANY CONFLICT OF INTEREST. THE BOARD OF DIRECTORS RECENTLY DRAFTED A WRITTEN POLICY TO FORMALIZE AND PUBLICIZE THIS CONFLICT OF INTEREST POLICY, AND ADOPTED PROCEDURES FOR REPORTING POTENTIAL CONFLICTS. THIS POLICY REQUIRES THAT ANYONE WITH A POSSIBLE CONFLICT OF INTEREST, MUST REPORT THE POTENTIAL CONFLICT TO THE BOARD AS SOON AS IT IS DISCOVERED. IN ADDITION, THE THEATRES ACCOUNTANT INQUIRES DURING THEIR MEETING AS TO ANY CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE EXECUTIVE ARTISTIC DIRECTOR AND THE MANAGING DIRECTOR ARE THE ONLY SALARIED EMPLOYEES CONTRACTED BY THE BOARD OF DIRECTORS. COMPENSATION FOR THESE KEY MANAGEMENT POSITIONS IS DETERMINED BY THE FINANCIAL COMMITTEE OF THE BOARD AT THE TIME OF BUDGETING FOR EACH FISCAL YEAR, AND IS REFERRED TO THE FULL BOARD OF DIRECTORS FOR APPROVAL ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OTHER STAFF ARE HIRED BY THE EXECUTIVE ARTISTIC DIRECTOR. THE RATES OF PAY AND ALLOCATED BUDGET FOR PAY ARE INCLUDED IN ALL BUDGETING PLANS THAT ARE APPROVED BY THE BOARD OF DIRECTORS ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE THEATERS 501(C)3 LETTER OF DETERMINATION, BYLAWS, CONFLICT OF INTEREST POLICY, FORM 990, WASHINGTON STATE NON-PROFIT ANNUAL REPORT, FINANCIAL STATEMENTS, AND BUDGETS ARE ALL AVAILABLE FOR REVIEW IN THE THEATRE OFFICE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE THEATRE WAS CLOSED FOR THE ENTIRE FISCAL YEAR DUE TO COVID, AND THE GOVENORS DECLARATION OF A STATE OF EMERGENCY WHICH MANDATED CLOSURE OF THEATRES AND OTHER PUBLIC AREAS. THE THEATRE HAS REOPENED AND IS PROVIDING PROGRAMS IN 2022.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Committee meeting documentation Part VI line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Cessation of or significant change to any program service Part III line 3
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0true
IRS990/StatesWhereCopyOfReturnIsFldCd0WA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt013784
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IRS990/TotalAssetsGrp/EOYAmt013784
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt026896
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt030905
IRS990/TotalFunctionalExpensesGrp/TotalAmt057801
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt088420
IRS990/TotalLiabilitiesEOYAmt082139
IRS990/TotalLiabilitiesGrp/BOYAmt088420
IRS990/TotalLiabilitiesGrp/EOYAmt082139
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-65938
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-68355
IRS990/TotalOtherCompensationAmt00
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IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
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IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt022482
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt013784
IRS990/TotReportableCompRltdOrgAmt00

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