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Nonprofit · EIN 52-1460366

THEATRE DOWNTOWN INC

Tax-exempt (reinstated) · WASHINGTON, DC 20011

Financials

$473K$586K2023$807K$506K2024
Revenue Expenses · by fiscal year end
Financials of THEATRE DOWNTOWN INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$806,557$506,336$300,221$416,224$7,224$409,000
June 30, 2024990$472,960$585,860-$112,900$66,994$18,784$48,210
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$720,114
of which government grants
$168,280
Program service revenue
$85,964
Investment income
$479
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$55,458
Other salaries and wages
$117,743
Salaries, compensation and benefits (total)
$220,907
Professional fundraising fees
$200
Accounting fees
$9,000
Occupancy
$68,868
Travel
$1,219
Depreciation
$10,502
Program services (functional)
$469,526
Management and general (functional)
$33,061
Fundraising (functional)
$3,749

Balance sheet and other

Total assets, start of year
$66,994
Total assets, end of year
$416,224
Total liabilities, end of year
$7,224
Net assets, end of year
$409,000
Land, buildings and equipment
$21,002
Net assets without donor restrictions
$313,722
Net assets with donor restrictions
$95,278
Gross receipts
$806,557
Employees
26
Volunteers
0
Year formed
1986
State of legal domicile
DC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
WILLIAM LARGESSARTISTIC DIRECTOR
Officer
40$24,415
LAURA GIANNARELLIPRESIDENT
Trustee or director, Officer
5$10,554
ANN NORTONTREASURER
Trustee or director, Officer
1$0
ANDREA HATFIELDDIRECTOR
Trustee or director
1$0
ELIZABETH PRATTDIRECTOR
Trustee or director
1$0
HEATHER KOPPE FLANAGANDIRECTOR
Trustee or director
1$0
LYNN STEINMETZEXECUTIVE DIRECTOR
Officer
20$0
990 for the year ended June 30, 2024: 7 people
NameTitleHours / weekCompensation
BILL LARGESSArtistic Director
Trustee or director, Officer
40$33,472
STEVE CARPENTERAsso Artistic Director
Officer
20$25,486
LAURA GIANNARELLIPresident Board of Dir
Trustee or director
5$11,048
LYNN STEINMETZExecutive Director
Trustee or director, Officer
20$3,416
ANN NORTONTreasurer Board of Dir
Trustee or director
1$0
ANDREA HATFIELDDirector
Trustee or director
1$0
ELIZABETH PRATTDirector
Trustee or director
1$0

Address and contacts

Address (IRS master file)
4018 ARGYLE TER NW, WASHINGTON, DC 20011-5301
In care of
% LYNN M STEINMETZ
Principal officer (990 for 2024)
LYNN M STEINMETZ, 4018 ARGYLE TERRACE NW, WASHINGTON, DC 20011
Signed the 990
LYNN M STEINMETZ, EXECUTIVE DIRECTOR
Phone
(202) 900-8788
Return prepared by
JONES & MCINTYRE PLLC

Mission

WE PRODUCE ELOQUENT PLAYS OF IDEA AND ARGUMENT,PASSION AND WIT. PLAYS FROM ALL PERIODS OF WORLD DRAMA AND ALL PARTS OF THE WORLD ARE PRESENTED BY A DIVERSE AND INCLUSIVE ENSEMBLE WITH A CONTEMPORARY SENSIBILITY. SMART THEATRE FOR A SMART TOWN!

990 for the year ended June 30, 2025

Program accomplishments

  • PRODUCTION, PERFORMANCE AND OUTREACH. THE STAGE GUILD PRESENTED FULL PRODUCTIONS TO GLOWING REVIEWS AT THE UNDERCROFT THEATRE LOCATED AT 900 MASSACHUSETTS AVE,NW, WASHINGTON, DC. THE 2024-2025 SEASON INCLUDED FAITHLESS, SHAW'S SHORTS, ESCAPE FROM THE ASYLUM, AND SOFONISBA.
    Expenses $469,526 · revenue $85,964

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
52-1460366
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2018
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$416,224
Income (IRS master file)
$806,557

Revocation and reinstatement

Exemption revoked
November 15, 2016
Posted by the IRS
March 13, 2017
Reinstated
Effective November 15, 2016

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$806,557$506,336$416,224XML
990June 2024$472,960$585,860$66,994XML
990June 2023$532,898$607,746$160,362IRS
990June 2022–––IRS
990June 2021–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-1460366).

Questions about THEATRE DOWNTOWN INC

What is the EIN of THEATRE DOWNTOWN INC?
The employer identification number (EIN) of THEATRE DOWNTOWN INC is 52-1460366.
Is THEATRE DOWNTOWN INC tax-exempt?
Yes. The IRS revoked its exemption on November 15, 2016 and reinstated it effective November 15, 2016.
Are donations to THEATRE DOWNTOWN INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THEATRE DOWNTOWN INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of THEATRE DOWNTOWN INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THEATRE DOWNTOWN INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of THEATRE DOWNTOWN INC?
The 990 for the year ended June 30, 2025 names LYNN M STEINMETZ.
Who are the officers and directors of THEATRE DOWNTOWN INC?
The 990 for the year ended June 30, 2025 lists 7 people; 2 received compensation from the organization, the highest $24,415 (WILLIAM LARGESS, ARTISTIC DIRECTOR).
How much revenue does THEATRE DOWNTOWN INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $806,557, expenses of $506,336 and total assets of $416,224 at year end.

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