THEATRE LAB
Mission Statement
For nearly 30 years, The Theatre Lab has been transforming lives through theatre education. We work to make both the artistic and the real-life benefits of theatre training accessible to all. Through our courses, camps, and programs, The Theatre Lab enrolls over 2,800 kids, teens, and adults a year. Offerings target beginners and veteran actors alike through a wide range of classes designed to fit busy schedules—summer camps for kids, Saturday acting classes, acting or playwriting classes for rookies, public speaking for non-theatre professionals and more. For those 18 and older preparing for a theatre career, our intensive, year-long Honors Acting Conservatory is the closest thing to graduate-level training students can get without having to quit a job to attend school full-time. Our distinguished faculty comprises top-notch, working theatre artists who perform, write, or direct theatre around town. As one student evaluation put it, our talented faculty are “invested in your growth, extremely knowledgeable, and experienced".
Financial Overview — FY 2025
Compared with Peers
FY 2025| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
86.6% | 77.7% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
9.8% | 14.2% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
3.6% | 5.9% |
P10P90
|
Above median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
268.7% | 302.5% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
8.5 mo | 15.8 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
41.5% | 11.4% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
53.5% | 70.6% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
26.8% | 7.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
8.4% | 5.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
12.9% | 0.9% |
P10P90
|
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| For nearly 30 years, The Theatre Lab has been transforming lives through theatre education. | 2,800 | $300.00 | — | Per Day |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $2.3M | $2.0M | $1.5M | 86.6% | 88 |
| 2024 | $1.9M | $1.9M | $1.2M | 87.7% | 79 |
| 2023 | $1.7M | $1.8M | $1.2M | 84.9% | 65 |
| 2022 | $1.7M | $1.6M | $1.2M | 82.7% | 65 |
| 2021 | $1.5M | $1.5M | N/A | — | 70 |
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