Fox Riverside Theater Foundation

Nonprofit profile at a glance

EIN
260698976
IRS 990-EZ coverage
2012–2023
Forms available
Form 990 2013, Form 990-EZ 2023
Location
Riverside, CA, USA
Phone
9518265884
Rating
35
Verdict
REVIEW
Rating confidence
Moderate
Sector
Public Foundations

Official website

Reported finances

Revenue
$65,697
Expenses
$111,007
Assets
$283,466
Liabilities
$570

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • MARIA SMITH (PRESIDENT)
  • MARGERY HAUPT (VICE PRESIDENT)
  • CYNTHIA WRIGHT (EXECUTIVE DIRECTOR)

People named in this filing

  • MARIA SMITH (PRESIDENT)
  • MARGERY HAUPT (VICE PRESIDENT)
  • SHANNON CARLSON (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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the fox riverside theater foundation is to advance the efforts of the fox performing arts center to serve and enhance the city of riverside by bringing the fox performing arts center to under-served communities in our local region, seeking to enrich the lives of those we serve through community-focused performances and outreach, promoting investment in our cultural community by assuring many premier quality entertainment and enrichment opportunities are easily accessible to the public, and educating local youth on both performance arts and technical production involved with live theater performances.

What it reported doing in 2023

The specific purposes of the foundation are to: (1) aid, sponsor, promote, advance, educate and assist in improving the cultural and recreational services to the residents of the city of riverside through the fox performing arts center, a public resource owned by the city; (2) to provide access to the beauty and thrill of live performing arts to everyone, inspiring community residents to become patrons of the arts and supporting local students of all ages in pursuing careers both on stage and behind the scenes; and (3) to educate the community about the invaluable cultural asset in our region that is the fox performing arts center, encouraging investment in our local cultural community through endowment that will both improve access to cultural and recreational programs to the residents of the city, and assist in supporting theater renovation and maintenance.

Operating model

Revenue model
Donor-supported. 63% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 36
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

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

Sustainability

  • Operating margin: -69%; rating input score 11; 11th percentile among comparable filings
  • Total-asset coverage ratio: 2.55; rating input score 70; 70th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 35; 35th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -11.6% per year; rating input score 0; 26th percentile among comparable filings
  • Revenue growth: -6.9% per year; rating input score 0; 31st percentile among comparable filings
  • Asset growth: -4% per year; rating input score 0; 26th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 10 filing years from 2012 to 2023
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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 — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Sustainability: Operating margin scored 11/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 35/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.