Phoenix Performing Arts Center Inc
Nonprofit profile at a glance
- EIN
- 860477969
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Phoenix, AZ, USA
- Phone
- 6022547399
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Performing Arts Centers
Reported finances
- Revenue
- $2,866,984
- Expenses
- $2,924,436
- Assets
- $7,144,444
- Liabilities
- $317,140
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
35 people listed
Executive titles in this filing
- MARK METTES (CEO, PRESIDE)
Highest reported compensation
- MARK METTES (CEO, PRESIDE): $180,801 total reported compensation
- LAURENE AUSTIN (DIR DEVELOPM): $98,740 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
We are Arizona's center stage, engaging the community through diverse experiences that ignite emotion, stimulate conversation, and inspire connections with the arts.
What it reported doing in 2024
The herberger theater is a 501(c)(3) Arizona non-profit organization that engages the community through diverse experiences that ignite emotion, stimulates conversation and inspires connections with the arts. Opened in 1989 and fully renovated in 2010, the herberger theater offers three theater venues, art gallery, plaza, outdoor pavilion with stage, and rentable event space for a variety of community uses. The herberger theater hosts a diverse range of dramatic, dance and musical performances; is home to local theater and dance companies; its gallery provides a venue for Arizona artists to present their works; and a plaza that hosts civic and arts events. Proceeds from annual fundraising benefits its youth outreach programs, designed to give Arizona children (ages 3-19) opportunities to excel, learn and heal through experience with the arts. Over the last 36 years, 4.7 million patrons have enjoyed more than 18,000 performances at the herberger theater.
Operating model
- Revenue model
- Earned-program. 71% 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 74
- Accountability: 100
- Sustainability: 45
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 82.8%; rating input score 83
- Program expense ratio: 79.5%; rating input score 79
- Fundraising efficiency: $1.37 raised per $1 spent on fundraising; rating input score 3; 3rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- 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; 63rd percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -2%; rating input score 27; 27th percentile among comparable filings
- Total-asset coverage ratio: 2.44; rating input score 68; 68th percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 72; 72nd percentile among comparable filings
- Officer compensation ratio: 9.6%; rating input score 31; 31st percentile among comparable filings
Growth
- Program expense growth: 11.7% per year; rating input score 100; 70th percentile among comparable filings
- Revenue growth: 10% per year; rating input score 100; 68th percentile among comparable filings
- Asset growth: 20.5% per year; rating input score 100; 85th percentile among comparable filings
Details
- Where the money goes: 82.8% of revenue deployed · 79.5% of spending went to programs
- Governance: 24 of 24 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $2.3M in reported program spending
- Leadership: top reported pay $181K · 35 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $126K reported
- Consistency: 31 of 31 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 16 filing years from 2009 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 — Financial Efficiency: Fundraising efficiency scored 3/100.
- High — Sustainability: Operating margin scored 27/100.
- Moderate — Sustainability: Officer compensation ratio scored 31/100.