Pocket Theatre Inc
Nonprofit profile at a glance
- EIN
- 751626595
- IRS 990 coverage
- 2010–2025
- Forms available
- Form 990 2025, Form 990-EZ 2017
- Location
- Fort Worth, TX, USA
- Phone
- 8172469775
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $420,231
- Expenses
- $429,182
- Assets
- $311,220
- Liabilities
- $59,442
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- Holly Ellman (President)
- Tracy Bush (Vice President)
Highest reported compensation
- John T Simons (Artistic Director): $53,267 total reported compensation
- Nikki DeShea Smith (Director): $13,068 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Hip Pocket Theatre is an experimental theater ensemble rooted deep in the heart of Texas, committed to widening the vision and scope of theater, relying on the imagery of fantasy and fable, original adaptation, and scripts that mainly draw their inspiration from legends and history of Fort Worth and the Southwest. The performance focus is interdisciplinary, combining traditional theatrical elements with original score, drama, mime, dance, puppetry, as well as environmental and visual installations.
What it reported doing in 2025
Season 49 opened not in the actual theater, but in the BackYard concessions area with a rough and tumble performance of Sam Shepard's The Mad Dog Blues, directed by Christina Cranshaw with original music written and performed nightly by Chris Curtis. Following, was a rousing rendition of Federico Garcia Lorca's play, The Billy Club Puppets, directed by Yvonne Duque-Guerrero with original acoustic music composed and performed by Darrin Kobetich. "The brilliance of The Billy Club Puppets lies in the way it buries so much bruising misery under verbal high jinks and physical comedy. Hip Pocket's production creates just the right balance between the silly and the darkly thought-provoking." - Manuel Mendoza, The Dallas Morning News. After this, Old Mother West Wind "came down from the purple hills to the green meadows" to share her homespun wisdom. Adapted from the Thornton Burgess short story by Johnny Simons, Lake Simons took over the directing duties this time around. Original music was written by Douglas Balentine in 1979, when this play was originally offered at the original Hwy. 80 location. For this performance, Douglas' music was transcribed and re-created by Joe Rogers and John Dyers, who shared music directorship as well as performing duties each night. Emily Scott Banks returned again in 2025 to adapt and direct George Bernard Shaw's Heartbreak House. "Director Emily Scott Banks uses the high-energy cast to great effect: conversations are full of bluster, posing, quips, digs, an declarations. But too, Banks takes care to show us the layers of the play...."- Jan Farrington, Onstage NTX. In place of the fifth and final show, Hip Pocket hosted internationally-acclaimed Bread and Puppet traveling theater for a one night only performance to great success. Although fewer performances were offered in 2025, HPT launched additional programming geared to local artists: Moonlit Readings and the Cowtown Puppet Slam, both of which offered up-and-coming artists an opportunity to present their work to the community and at the same time, allow the community to experience a new generation of local artistry, bringing new and varied audience members to Hip Pocket.
Operating model
- Revenue model
- Donor-supported. 83% 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 a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 65
- Transparency & Controls: 92
- Accountability: 81
- Sustainability: 28
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 70.7%; rating input score 71
- Program expense ratio: 69.2%; rating input score 69
- Fundraising efficiency: $5.34 raised per $1 spent on fundraising; rating input score 22; 22nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th 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: 94.4%; rating input score 94; 28th percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -2.1%; rating input score 30; 30th percentile among comparable filings
- Total-asset coverage ratio: 0.73; rating input score 33; 33rd percentile among comparable filings
- Liabilities to assets ratio: 0.19; rating input score 17; 17th percentile among comparable filings
- Officer compensation ratio: 15.5%; rating input score 22; 22nd percentile among comparable filings
Growth
- Program expense growth: 4.3% per year; rating input score 100; 48th percentile among comparable filings
- Revenue growth: 4.8% per year; rating input score 100; 46th percentile among comparable filings
- Asset growth: 10.3% per year; rating input score 100; 64th percentile among comparable filings
Details
- Where the money goes: 70.7% of revenue deployed · 69.2% of spending went to programs
- Governance: 17 of 18 board members independent · 5 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $297K in reported program spending
- Leadership: top reported pay $53K · 18 people listed
- Consistency: 26 of 26 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 13 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 6 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 22/100.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- Moderate — Sustainability: Operating margin scored 30/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
- High — Sustainability: Liabilities to assets ratio scored 17/100.
- High — Sustainability: Officer compensation ratio scored 22/100.