Eureka Theatre Inc

Nonprofit profile at a glance

EIN: 510151648
IRS 990-EZ coverage: 2009–2016
Forms available: Form 990-EZ 2016
Location: San Francisco, CA, USA
Phone: 4153507950
Rating: 85
Verdict: STRONG
Rating confidence: Moderate
Sector: Theater

Reported finances

Revenue: $112,900
Expenses: $175,284
Assets: $108,735
Liabilities: $209

Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

MARVIN COLLINS (PRESIDENT)

People named in this filing

LAIRD RODET (EXECUTIVE DIR)
MARVIN COLLINS (PRESIDENT)
ANNE PESKOE (SECRETARY/TREASURER)

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 2016. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

A theatre facility that supports artists & the community

What it reported doing in 2016

Presented 11 productions to approx. 20,000 residents & visitors of the san francisco bay area.

Operating model

Revenue model: Earned-program. 82% of the money available for current operations came from fees and other program revenue.
Distribution model: Direct operator. The filing allocates 87% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and assets have declined or grown slowly.

Rating breakdown

Financial Efficiency: 94
Transparency & Controls: 82
Sustainability: 24
Growth: 80

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 100%; rating input score 100
Program expense ratio: 84.8%; rating input score 85

Transparency & Controls

Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
Major donor itemization: Limited

Sustainability

Operating margin: -55.3%; rating input score 1; 1st percentile among comparable filings
Total-asset coverage ratio: 0.62; rating input score 47; 47th percentile among comparable filings
Liabilities to assets ratio: 0; rating input score 65; 65th percentile among comparable filings
Officer compensation ratio: 21.6%; rating input score 18; 18th percentile among comparable filings

Growth

Program expense growth: 5.6% per year; rating input score 100; 51st percentile among comparable filings
Revenue growth: 0.6% per year; rating input score 100; 29th percentile among comparable filings
Asset growth: -2.4% per year; rating input score 0; 26th percentile among comparable filings

Details

Where the money goes: 100% of revenue deployed · 84.8% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $149K in reported program spending
Leadership: top reported pay $0 · 5 people listed
Consistency: 9 of 9 current checks pass
Schedules: 2 filed schedules
Filing history: 7 filing years from 2009 to 2016
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.

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 — Sustainability: Operating margin scored 1/100.
High — Growth: Asset growth scored 0/100.
Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
High — Sustainability: Officer compensation ratio scored 18/100.
High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.