Maryland · Nonprofit
ADVENTURE THEATRE INC
ADVENTURE THEATRE INC (Maryland) receives grants from 34 organizations whose IRS filings report $2,472,325 to it, the largest being ARTS AND HUMANITIES COUNCIL OF MONTGOMER ($1,537,126). 18 of them have funded it in more than one year, and 68% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $1.9M
- Funders on record
- 34
- Grants received
- $2.5M
- Net assets
- $-607662
What Adventure Theatre Inc does
Mission
Adventure theatre mtc educates and inspires new generations of theater artists and audiences with exceptional theatrical experiences. It is the pre-eminent musical theater academy for youth in the dc region with an integrated and nationally renowned professional theater for family audiences.
As stated on its FY2025 Form 990.
Programs
Theatrical - producing 5 professional theatrical productions in the theatre for young audience cannon with over 40,000 attendees annually. Producing 2 student productions annually allowing students to gain technical training in our academy and then put it to use in production.
$1,116,540 spent72% of program spendingEducational provide theatrical educational classes in music, dance, acting, and creative drama as well as workshops and performances for over 40,000 students and spectators annually.
$423,566 spent28% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,540,106.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $2.8M to $1.8M (−35%).
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.
Government-grant reliance: 2017 14% · 2018 18% · 2019 22% · 2020 35% · 2021 51% · 2022 62% · 2023 60% · 2024 7% · 2025 19%. Grants only. Government contracts and fees sit inside program revenue.
26% of ADVENTURE THEATRE INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (63% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.
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.
Board chair
Trish Glowacki
Board chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 5 funders to 7 funders, grant income rose $180k → $319k.
8 of 34 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 68% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $28k from 2 payers (the payer shares this organization's board, largest Greater Washington Community Foundation). These are real filings, and they are not money ADVENTURE THEATRE INC raised.
From the IRS filings of ADVENTURE THEATRE INC’s funders (the co-funder graph). Top 30 of 34 funders by total. 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
ADVENTURE THEATRE INC leans on a few funders — its largest provides 62% of grant income and the top three 76%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
69% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund ADVENTURE THEATRE INC.
Largest funder’s share by year: 2017 60% · 2018 65% · 2019 71% · 2020 59% · 2021 57% · 2022 65% · 2023 68% — growing more concentrated.
“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.
How long its funders stay
22% of ADVENTURE THEATRE INC's funders are still giving 3 years after their first grant; 53% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
68% of ADVENTURE THEATRE INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $790k that is directly attributable, 69% of it comes from funders outside Maryland, across 10 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.7M arriving through sponsors registered in 7 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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.
Against its field
ADVENTURE THEATRE INC's revenue fell 18% between 2017 and 2025.
this organization peer median middle 50% of peers· 3,230 arts & culture nonprofits $1M–$10M, FY2025
Government funding ADVENTURE THEATRE INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $1.3M on record — $181k federal, $1.1M state.
- National Endowment for the Arts$181k
- Grant$883k
- Loan$207k
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 ADVENTURE THEATRE 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 Maryland
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
71% of spending goes to programs.
Governance
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 ADVENTURE THEATRE 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.
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 ADVENTURE THEATRE INC?
- ADVENTURE THEATRE INC (Maryland) receives grants from 34 organizations whose IRS filings report $2,472,325 to it, the largest being ARTS AND HUMANITIES COUNCIL OF MONTGOMER ($1,537,126). 18 of them have funded it in more than one year, and 68% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does ADVENTURE THEATRE INC have?
- IRS filings report 34 organizations giving $2,472,325 in grants to ADVENTURE THEATRE INC, 18 of which have funded it in more than one year.
- Who is the largest funder of ADVENTURE THEATRE INC?
- ARTS AND HUMANITIES COUNCIL OF MONTGOMER is the largest funder on record, with $1,537,126 in grants. The full list of funders is on this page.
- How can an organization like ADVENTURE THEATRE INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Maryland. 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 Adventure Theatre →
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 34 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