Lower Depth Theatre Ensemble

Nonprofit profile at a glance

EIN
261849276
IRS 990-EZ coverage
2020–2024
Forms available
Form 990-EZ 2024, Form 990-N 2013
Location
Los Angeles, CA, USA
Rating
93
Verdict
STRONG
Rating confidence
Moderate
Sector
Performing Arts Organizations

Reported finances

Revenue
$86,103
Expenses
$105,163
Assets
$9,935
Liabilities
$67,765

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

Leadership & pay

5 people listed

Executive titles in this filing

  • Yvonne Huff Lee (President)

People named in this filing

  • Yvonne Huff Lee (President)
  • Matthew Soraci (SecretaryTreasurer)
  • Jason Delane Lee (Board Member)

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

Theatre utilizing artists of Color.

What it reported doing in 2024

The Chester Higgensworth Detective Series Podcast : August 2024 - May 2025 A 20 member team included: Drina Durazo L. Stephanie Tait Berna, dette Speakes Peppur Chambers Gregg T. Daniel Yvonne Huff Lee Veralyn Jones Jason Delane Patricia Belcher Janellen Steinenger Cristina Frias DeLanna Studi Ahkei Togun Cherish Monique Duke Sydney Mason Sean Walton , Sabina Varela Bernard Addison Lindsay LJ Jenkins Jamil Jones. Summary: A comedy-drama podcast series with a cause The Chester Higgensworth Detective Series follows an unorthodox modern-day vigilante and self-styled property bounty hunter on a mission to reclaim stolen landand stolen legaciesone plot at a time. Set against the backdrop of contemporary Black resistance and historical injustice the series brings together the germaphobic Chester the no-nonsense strategist Patricia Livingston savvy tech-whiz Emmy Silver and her resourceful currently incarcerated brother Pooky as they confront shady developers slippery

Operating model

Revenue model
Earned-program. 63% of the money available for current operations came from fees and other program revenue.
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. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 100
  • Sustainability: 15
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • 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: -22.1%; rating input score 22; 22nd percentile among comparable filings
  • Total-asset coverage ratio: 0.09; rating input score 11; 11th percentile among comparable filings
  • Liabilities to assets ratio: 6.82; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 0.7%; rating input score 12; 12th percentile among comparable filings

Growth

  • Program expense growth: 0.3% per year; rating input score 100; 49th percentile among comparable filings
  • Revenue growth: -10.1% per year; rating input score 0; 24th percentile among comparable filings
  • Asset growth: -36.7% per year; rating input score 0; 6th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $105K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 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.

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 22/100.
  • High — Sustainability: Total-asset coverage ratio scored 11/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.
  • High — Sustainability: Officer compensation ratio scored 12/100.