Fox West Theatre Alliance

Nonprofit profile at a glance

EIN
841836441
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2021
Location
Denver, CO, USA
Phone
7033189089
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$185,305
Expenses
$56,248
Assets
$306,030
Liabilities
$489

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

15 people listed

Executive titles in this filing

  • SUZANNE MAGNUSON (PRESIDENT)
  • CURT WALLACH (CO-PRESIDENT)

People named in this filing

  • SUZANNE MAGNUSON (PRESIDENT)
  • CURT WALLACH (CO-PRESIDENT)
  • CHRISTA RUSSE (VICE PRESIDE)

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

The fox west theatre alliance, a 501(c)3 organization, has been organized to enrich the lives of residents of trinidad, Colorado and its visitors.

What it reported doing in 2024

The alliance is organized to oversee the rehabilitation efforts and manage the historic fox west theatre as a leading performance, educational, and gathering venue. The alliance strives to strengthen and energize the community and to serve as a catalyst for cultural and economic growth.

Operating model

Revenue model
Donor-supported. 90% of the money available for current operations came from contributions and gifts.
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

SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 56
  • Transparency & Controls: 100
  • Sustainability: 87
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 30.4%; rating input score 30
  • Program expense ratio: 100%; rating input score 100

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: 69.6%; rating input score 97; 97th percentile among comparable filings
  • Total-asset coverage ratio: 5.44; rating input score 96; 96th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 50; 50th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 27.3% per year; rating input score 100; 82nd percentile among comparable filings
  • Revenue growth: 2.6% per year; rating input score 100; 34th percentile among comparable filings
  • Asset growth: 22.1% per year; rating input score 100; 82nd percentile among comparable filings

Details

  • Where the money goes: 30.4% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $56K in reported program spending
  • Leadership: top reported pay $0 · 15 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 30/100.
  • Review — Sustainability: Liabilities to assets ratio scored 50/100.