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Filing year 2024

Theatre Gap Initiative

Matthews, North Carolina·EIN 86-1460904·NTEE A11 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$363k
Total assets
$40k
Total expenses
$388k
Reported officers
9
Mission

The Theatre Gap Initiative (TGI) is a nonprofit college-prep program for high school graduates who aspire to apply for Bachelor of Fine Arts (BFA) and conservatory programs. TGI's programming, launched in 2021, is focused on helping students of color and those who are economically disadvantaged successfully navigate the process of applications, prescreens, and auditions. In addition to theatre-arts instruction, TGI students also receive guidance with college preparation, including access to financial aid and college admissions counselors and classes on stress management, budgeting, time management, and conflict resolution.

Reported officers (all unpaid)

No paid executives reported in 2024. Theatre Gap Initiative reported 9 unpaid officers and board members on its 990.

President
Member
Member
Member
Member
Member
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Member

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Financial trend

Revenue and expenses over time

Theatre Gap Initiative reported revenue and expenses across 3 filing years.

RevenueExpenses
$222k
$248k
2022
$391k
$327k
2023
$363k
$388k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Arts, Culture & Humanities executives earn in North Carolina

Theatre Gap Initiative reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable arts, culture & humanities organization in North Carolina earns a median of $47,848.

25th percentile
$24k
Median
$47,848
75th percentile
$88k
90th percentile
$137k

These are arts, culture & humanities sector-wide figures, not this organization's reported pay. Based on 407 organizations across 407 filings (2022 – 2024).

See full Arts, Culture & Humanities pay data for North Carolina
FAQ

Common questions about Theatre Gap Initiative

What are Theatre Gap Initiative's revenue and expenses?

In 2024, Theatre Gap Initiative reported $363k in total revenue and $388k in total expenses on its IRS Form 990.

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