The Elden Street Players EIN 54-1503154 Form 990 (PDF) Claim this org

The Elden Street Players

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Stages and produces theatre and performing arts events, offering educational programs. For fiscal year 2025 it reported $883K in revenue, $904K in expenses, and $738K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Herndon, VA
Website
nextstoptheatre.org
Filings
6 on file (2020–2025)
Revenue
$883KFY2025
Expenses
$904K
Net assets
$738K
People
12
Filings
6
Updates
0
More identity details & actions ⌄
EIN  54-1503154 Public charity (501(c)(3)) Herndon, VA
Form 990 (PDF)
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Size
$100K–1M
What they do
Stages and produces theatre and performing arts events, offering educational programs.
Leadership
Heather Lanza · Producing Artistic Director · $69K
Money in and out
$883K revenue, $904K expenses
Bottom line
77% program efficiency
Where the money goes · FY2025
Total revenue
$883K
Pt VIII · Ln 12
Total expenses
$904K
Pt IX · Ln 25
Net assets
$738K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$21K
Where spending went · Part IX cols B–D
Program services $0.77 Management & general $0.17 Fundraising $0.07
Program efficiency
77%
of spending reaches programs▼ -0.8% vs prior filing year
Operating runway
6.0mo
months of highly liquid reserves at operating expense rate▼ -23% vs prior filing year
Surplus margin
-2%
revenue over expenses, this year▲ +76% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$883K
FY2025▲ +21%
Expenses
$904K
FY2025▲ +13%
Total assets
$871K
FY2025-0.2%
Total liabilities
$133K
FY2025▲ +17%
Total revenue
$883K
Pt VIII · Ln 12
Total expenses
$904K
Pt IX · Ln 25
Net assets
$738K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$21K
Total assetsPt X · Ln 16$871K
Program-expense ratioPt IX · col B77%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Elden Street Players
EINHdr · item D54-1503154
Principal addressHdr · item CHerndon, VA
WebsiteHdr · item Jnextstoptheatre.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A650)
Ruling yearIRS BMFJul 1989

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Producing Artistic Director
$69,167Pt VII · Sec A
Executive Director
$64,200Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A

Heather Lanza’s $69K as Producing Artistic Director is at the 64th percentile of top reported officer pay among 2216 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2021FY2020
Heather Lanza$69,167
Vicki Kile$64,200
Evan Hoffmann$58,150$58,000
Abigail Fine$52,710

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service account for $692K of program spending, described in the organization's own filed words · FY2024.
01

The company offered both major dramatic presentations of full length plays and musicals and theater for family and younger audiences. The performances were in a performing arts facility which seats 104, rented from The Friends of Elden Street Players during the year. Over 6,400 tickets were sold to over 90 stage performances.

$692Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$443K · 50%
Contributions & grants$415K · 47%
Other revenue$23K · 3%
Program service revenue50%$443K
Contributions & grants47%$415K
Other revenue3%$23K
Investment income$2K
— government grantsLn 1e$141K
Total revenueLn 12$883K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.77 Management & general $0.17 Fundraising $0.07
Program services77%$692K
Management & general17%$151K
Fundraising7%$62K
Total functional expensesLn 25$904K

Balance Sheet

Part X · end of year
CashLn 1$327K
Total assetsLn 16$871K
Total liabilitiesLn 26$133K
Total net assetsLn 32$738K
Months of cash on handcomputed4.3

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $448K · Operating expenses (Pt IX) $904K · Less non-cash grants $12K · Cash operating expenses/yr $892K
6.0 months
Where the money goes
Program services
Program services $692K · Total expenses $904K
77%
Management & General
Management & general $151K · Total expenses $904K
17%
Fundraising
Fundraising $62K · Total expenses $904K
7%
Cost to raise $1
Fundraising expense (3-yr avg) $58K · Solicited contributions (3-yr avg) $208K
$0.28 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $415K · Total revenue $883K
47%
Government reliance
Government grants $141K · Total revenue $883K
16%
Earned-income share
Program service revenue $443K · Total revenue $883K
50%
Investment reliance
Investment income $2K · Total revenue $883K
+0.3%
Program self-sufficiency
Program service revenue $443K · Total expenses $904K
49%
Growth & trend
Revenue growth (YoY)
This year $883K · Prior year $729K
+21%
Revenue CAGR
FY2019 $500K · FY2024 $883K
+12%
Net-asset trend (YoY)
End of year $738K · Beginning of year $759K
-3%
Balance sheet
Surplus Margin
Revenue $883K · Expenses $904K
-2%
Liabilities-to-Assets
Total liabilities $133K · Total assets $871K
15%
Net-asset ratio
Net assets $738K · Total assets $871K
85%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $121K · Total assets (Pt X, ln 16) $871K
14%
People & payroll
Highest Reported Total Compensation
Individual Heather Lanza · Reported title Producing Artistic Director · Highest reported compensation $69K · Total expenses $904K
8%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $349K · Total expenses $904K
39%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 77%
Overhead ratio 17%
Fundraising cost ratio 15%
Revenue growth 21%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0.6%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 6 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$883K revenue · viewing · ⤓ 990 PDF
FY2024$729K revenue · ⤓ 990 PDF
FY2023$703K revenue · ⤓ 990 PDF
FY2022$503K revenue · ⤓ 990 PDF
FY2021$627K revenue · ⤓ 990 PDF
FY2020$500K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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