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Nevada · Nonprofit

A SOURCE OF JOY THEATRICALS INC

A SOURCE OF JOY THEATRICALS INC (Nevada) receives grants from 5 organizations whose IRS filings report $295,000 to it, the largest being ENGELSTAD FAMILY FOUNDATION ($225,000). 1 of them have funded it in more than one year.

Revenue FY2025
$139k
Funders on record
5
Grants received
$295k
Net assets
$487k
1/5 repeat fundersgrants exceed reported revenue in one year
01What it does

What A Source of Joy Theatricals Inc does

Mission

A Source of Joy Theatricals Inc dba broadway in the h.o.o.d. Provides educational and cultural opportunities to youth and young adult leaders from under-served communities via national theatre programs.

As stated on its FY2025 Form 990.

Program

  1. A Source of Joy Theatricals Inc dba broadway in the h.o.o.d provides educational and cultural opportunities to youth and young adults leaders from under-served communities via national theartre programs

    $198,532 spent$139,003 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $198,532.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($318k) Expenses 100 ($281k) Net assets 100 ($72k)2018 Revenue 36 ($115k) Expenses 62 ($176k) Net assets 16 ($12k)2019 Revenue 27 ($86k) Expenses 24 ($67k) Net assets 26 ($19k)2020 Revenue 39 ($125k) Expenses 44 ($125k) Net assets 27 ($20k)2021 Revenue 98 ($310k) Expenses 99 ($278k) Net assets 70 ($51k)2022 Revenue 100 ($319k) Expenses 130 ($366k) Net assets 1 ($772)2023 Revenue 177 ($562k) Expenses 164 ($461k) Net assets 140 ($101k)2024 Revenue 365 ($1.2M) Expenses 164 ($461k) Net assets 1111 ($801k)2025 Revenue 44 ($139k) Expenses 234 ($660k) Net assets 675 ($487k)
'17'18'19'20'21'22'23'24'25
Revenue (44)Expenses (234)Net assets (675)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $101k to $801k (+695%).

$72k
$12k
$19k
$120k
$51k
$772
$101k
$801k
$487k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2024 86%. Grants only. Government contracts and fees sit inside program revenue.

0% of A SOURCE OF JOY THEATRICALS INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (64% for the typical peer).

This organization
Typical peer · 19,547 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

$37k
’17
−$60k
’18
$19k
’19
$643
’20
$32k
’21
−$48k
’22
$100k
’23
$700k
’24
−$521k
’25
1.1
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Torrey Russell

President & CEO

As listed on its FY2025 Form 990.

201720212022202320242025
Listed333333
Joined··+0+0+0+0
No longer listed··0000
03Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $25k → $40k.

Funder
'19
'20
'23
total
Creative Westunclassified
$20k
Ixs Foundationunclassified
$15k
funders
1
3
2

From the IRS filings of A SOURCE OF JOY THEATRICALS INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

A SOURCE OF JOY THEATRICALS INC leans on a few funders — its largest provides 76% of grant income and the top three 92%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

76%
largest funder
92%
top three
~2
effective funders

Largest funder’s share by year: 2019 100% · 2020 87% · 2023 63% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

85% of A SOURCE OF JOY THEATRICALS INC's grant income comes from Nevada funders.

NV
PA
CO

In-state vs out-of-state, by year

’19
’20
’23
Nevada out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

A SOURCE OF JOY THEATRICALS INC's funding base is broadening — from 1 funders to 2 as grant income climbed.

Operating margin−374% · bottom quartile
Months of reserve1.1mo · bottom quartile
Revenue growth (annualized)−10% · bottom quartile

this organization peer median middle 50% of peers· 11,634 arts & culture nonprofits $100k–$1M, FY2025

Government funding A SOURCE OF JOY THEATRICALS INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $20k on record.

Federal$20k
grants $20kcontracts $0
Top agencies
  • National Endowment for the Arts$20k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like A SOURCE OF JOY THEATRICALS INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Nevada

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

30% of spending goes to programs.

Program 30%Management 70%Fundraising 0%

Governance

3
board members
0%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for A SOURCE OF JOY THEATRICALS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds A SOURCE OF JOY THEATRICALS INC?
A SOURCE OF JOY THEATRICALS INC (Nevada) receives grants from 5 organizations whose IRS filings report $295,000 to it, the largest being ENGELSTAD FAMILY FOUNDATION ($225,000). 1 of them have funded it in more than one year.
How many funders does A SOURCE OF JOY THEATRICALS INC have?
IRS filings report 5 organizations giving $295,000 in grants to A SOURCE OF JOY THEATRICALS INC, 1 of which have funded it in more than one year.
Who is the largest funder of A SOURCE OF JOY THEATRICALS INC?
ENGELSTAD FAMILY FOUNDATION is the largest funder on record, with $225,000 in grants. The full list of funders is on this page.
How can an organization like A SOURCE OF JOY THEATRICALS INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Nevada. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds A Source of Joy Theatricals →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 5 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing