Cornerstone Theatre Inc
Nonprofit profile at a glance
- EIN
- 300070694
- IRS 990-EZ coverage
- 2012–2024
- Forms available
- Form 990 2015, Form 990-EZ 2024
- Location
- Argyle, TX, USA
- Phone
- 9403958747
- Rating confidence
- Limited
- Sector
- Theater
Reported finances
- Expenses
- $3,283
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- PAUL GRAYBURN (PRESIDENT)
- STACY MUTH (VICE PRESIDENT)
People named in this filing
- LORI KOOIMAN (TREASURER/SECRETARY/DIRECTOR)
- PAUL GRAYBURN (PRESIDENT)
- STACY MUTH (VICE PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Work with amateur actors directing them on how to act, sing, and dance professionally. Many productions are performed annually and are hedl before audiences ranging from 1,000 to 15,000 per performance.
What it reported doing in 2024
Presenting theatrical productions
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 100
- Sustainability: 10
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 0; rating input score 15; 15th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 51; 51st percentile among comparable filings
Growth
- Program expense growth: -1.2% per year; rating input score 0; 65th percentile among comparable filings
- Revenue growth: 1.4% per year; rating input score 100; 74th percentile among comparable filings
- Asset growth: 16.2% per year; rating input score 100; 88th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 3 of 3 current checks pass
- Schedules: 4 filed schedules
- Filing history: 12 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Total-asset coverage ratio scored 15/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 51/100.