Dragon Productions Theatre Company

Nonprofit profile at a glance

EIN
204214083
IRS 990 coverage
2019–2020
Forms available
Form 990 2020
Location
San Jose, CA, USA
Phone
4088284739
Rating
47
Verdict
MIXED
Rating confidence
Moderate
Sector
Performing Arts Centers

Official website

Reported finances

Revenue
$287,509
Expenses
$321,322
Assets
$205,198
Liabilities
$26,631

Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

18 people listed

Executive titles in this filing

  • Jenny Hollingworth (CEO)
  • Robyn Ginsburg (President)

Highest reported compensation

  • Bora Koknar (Fundrising Director): $29,770 total reported compensation
  • Alika U Spencer-Koknar (Theater Director): $26,200 total reported compensation
  • Justine N Lauren-Bechler (Program Director): $19,500 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Dragon's mission is to serve as a theatrical hub that fosters an inclusive artistic community for the creation of experiences that are innovation, intimate, empathetic, accessible and bold.

What it reported doing in 2020

Dragon has two primary activities: theatrical performances new and rarely seen works, and all-inclusive classes for all ages taught by professional artists. In 2020 we produce 6 plays - 3 plays were part of our Main Stage season and 3 plays were part of our 2nd Stages Series. The 2nd Stages series is a unique program that we've been running for several years that gives seed moey to local artist to produce a passion project play and we mentor them through the entire process of producing a show. AJs Annual Party was converted to an online program after Covid-19 hit - an adaptation of Joseph Moncure March's poem "The wild Party" as part of the Dragon's Nest Incubator Prrogram. Short Play Clinic - orginally a signle in-person event turned into an online monthly event in collaboration with Fuse Theatre. This program allowed monthly opportunites for playwrights in the bay are, around the globe to have their short plays performed. By the end of th eyear our collaboration ended and Dragon continued with aspects of the program as Dragon eggs. Our 2020 season included the following plays The Nether, a sci-fi crime dramme which blurs reality into virtual realm. Caught - the story of an artist who spent two years in a CHinese detention center for being subversive which unspools new revelations and points of view. Spring Awakening, a collaboration with Portola Valley Children's Theatre which was canceled due to Covid-19.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of voting board members are independent and a relatively small share of available resources goes toward mission work.

Rating breakdown

  • Financial Efficiency: 47
  • Transparency & Controls: 90
  • Accountability: 0
  • Sustainability: 22
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 55.1%; rating input score 55
  • Program expense ratio: 49.3%; rating input score 49
  • Fundraising efficiency: $0.9 raised per $1 spent on fundraising; rating input score 4; 4th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 6th percentile among comparable filings
  • Governance controls: 0 of 7 controls in place; rating input score 0
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -11.8%; rating input score 20; 20th percentile among comparable filings
  • Total-asset coverage ratio: 0.64; rating input score 23; 23rd percentile among comparable filings
  • Liabilities to assets ratio: 0.13; rating input score 32; 32nd percentile among comparable filings
  • Officer compensation ratio: 24.2%; rating input score 19; 19th percentile among comparable filings

Growth

  • Program expense growth: -57.7% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: -37.2% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: -9.7% per year; rating input score 0; 7th percentile among comparable filings

Details

  • Where the money goes: 55.1% of revenue deployed · 49.3% of spending went to programs
  • Governance: 0 of 14 board members independent · 0 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $158K in reported program spending
  • Leadership: top reported pay $30K · 18 people listed
  • Consistency: 22 of 22 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2019 to 2020
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Accountability: Independent voting board scored 0/100.
  • Review — Financial Efficiency: Mission deployment rate scored 55/100.
  • High — Accountability: Governance controls: 6 of 6 not reported.
  • Moderate — Financial Efficiency: Program expense ratio scored 49/100.
  • High — Financial Efficiency: Fundraising efficiency scored 4/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 20/100.
  • High — Sustainability: Total-asset coverage ratio scored 23/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 19/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 32/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.
  • High — Grant Readiness: California registration: this organization is not authorized to operate as a charity in California.