Oxnard Performing Arts Center Corp

Nonprofit profile at a glance

EIN
770524980
IRS 990 coverage
2013–2024
Forms available
Form 990 2024
Location
Oxnard, CA, USA
Phone
8053858147
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Performing Arts Organizations

Official website

Reported finances

Revenue
$1,097,831
Expenses
$1,116,039
Assets
$992,079
Liabilities
$408,768

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

Leadership & pay

12 people listed

Executive titles in this filing

  • GARY DAVIS (PRESIDENT &)

Highest reported compensation

  • CAROLYN MULLIN (EXECUTIVE DI): $91,291 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To foster and serve our community through inclusive programming, cultural and artistic exchange, and developing people-centered spaces.

What it reported doing in 2024

Rentals - the nonprofit continued to provide low-cost meeting facilities for the cultural education and enrichment of the citizens of oxnard. Community events - opac provided cultural and community programming by supporting, producing and presenting theater, dance, music, media/visual arts, residencies, and outside-the-box programs that are of, by and for oxnard. Of note this fiscal year: noteworthy events organized by opac this year included chelita: art, music and miches fest (new), halloween trunk or treat + haunt experience, dia de los muertos celebration, native plant fest, rescuecon (animal welfare, arts and adoption event), and ichigocon: anime + gaming (new). Free year-round programming included children's art (classes and camps), teen art (classes and camps), monthly family art night, audio engineering, dj program, movement classes for seniors, and an art gallery space at the mexican consulate featuring rotating visual art exhibitions curated and organized by opac. New this year: - verano de bienestar (summer of wellness), a pilot wellness program offered for free to the latino community centering art, creativity and connection. - opac arts in schools program, also a pilot, provided visual art residencies in 6 high schools and live performances for over 2,000 students opac's trusted messenger work raised awareness and provided education on water conservation, heat resilience and covid safety throughout the year. Outreach + community engagement - opac continued offering off-site services in the community including a pop-up mural program and helped create the re-frame ventura county arts summit.

Operating model

Revenue model
Earned-program. 64% 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. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 90
  • Transparency & Controls: 92
  • Accountability: 83
  • Sustainability: 33
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.1%; rating input score 94
  • Program expense ratio: 92.4%; rating input score 92
  • Fundraising efficiency: $30.09 raised per $1 spent on fundraising; rating input score 68; 68th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: 91.7%; rating input score 92; 24th 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: -1.7%; rating input score 31; 31st percentile among comparable filings
  • Total-asset coverage ratio: 0.89; rating input score 39; 39th percentile among comparable filings
  • Liabilities to assets ratio: 0.41; rating input score 19; 19th percentile among comparable filings
  • Officer compensation ratio: 8.2%; rating input score 43; 43rd percentile among comparable filings

Growth

  • Program expense growth: -6.6% per year; rating input score 0; 6th percentile among comparable filings
  • Revenue growth: -9% per year; rating input score 0; 3rd percentile among comparable filings
  • Asset growth: 21.7% per year; rating input score 100; 84th percentile among comparable filings

Details

  • Where the money goes: 94.1% of revenue deployed · 92.4% of spending went to programs
  • Governance: 11 of 12 board members independent · 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $1M in reported program spending
  • Leadership: top reported pay $91K · 12 people listed
  • Consistency: 27 of 27 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 12 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • 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: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 31/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
  • High — Sustainability: Liabilities to assets ratio scored 19/100.
  • Moderate — Sustainability: Officer compensation ratio scored 43/100.