Ford Theatre Foundation
Nonprofit profile at a glance
- EIN
- 954530031
- IRS 990 coverage
- 2010–2019
- Forms available
- Form 990 2019
- Location
- Hollywood, CA, USA
- Phone
- 3237692126
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $4,065,513
- Expenses
- $3,469,852
- Assets
- $2,293,812
- Liabilities
- $9,437
Source: IRS Form 990. Selected filing: tax year 2019. Amounts in USD.
Leadership & pay
15 people listed
People named in this filing
- CHARLES CHATELAIN (Director)
- NILE MALLOY (Director)
- TOM R CAMP (VICE CHAIR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The ford theatre foundation, a not-for-profit organization, plays a key role in making the john anson ford theatres a center that fosters the excellence, diversity, vitality, understanding, appreciation, and accessibility of the performing arts in los angeles county.
What it reported doing in 2019
Ignite @ the ford presents nationally and internationally recoginized artists to boost wareness and recognition of the ford as a premeir performance facility and give local audiences an opportunity to see the best culturally diverse contemporary artists from this country and abroad.
Operating model
- Revenue model
- Grant-funded. 74% of the money available for current operations came from government grants.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 92
- Accountability: 88
- Sustainability: 65
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.9%; rating input score 80
- Program expense ratio: 91.8%; rating input score 92
- Fundraising efficiency: $18.76 raised per $1 spent on fundraising; rating input score 60; 60th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 14.7%; rating input score 75; 75th percentile among comparable filings
- Total-asset coverage ratio: 0.66; rating input score 27; 27th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 92; 92nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 93; 93rd percentile among comparable filings
Growth
- Program expense growth: -6.3% per year; rating input score 0; 7th percentile among comparable filings
- Revenue growth: 1.2% per year; rating input score 100; 25th percentile among comparable filings
- Asset growth: 0.5% per year; rating input score 100; 23rd percentile among comparable filings
Details
- Where the money goes: 79.9% of revenue deployed · 91.8% of spending went to programs
- Governance: 15 of 15 board members independent · 5 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $3.2M in reported program spending
- Leadership: top reported pay $0 · 15 people listed
- Highest-paid contractors: 5 contractors listed · $270K reported
- Consistency: 22 of 22 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 10 filing years from 2010 to 2019
- Contacts: How to reach this organization
- 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 — Growth: Program expense growth scored 0/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Total-asset coverage ratio scored 27/100.
- High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.