Red Chair Productions
Nonprofit profile at a glance
- EIN
- 841842686
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990-EZ 2024
- Location
- Burbank, CA, USA
- Phone
- 8186602370
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $156,594
- Expenses
- $149,378
- Assets
- $117,178
- Liabilities
- $1,371
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- KAREN BOWLIN (President)
- Kristin Neithercut (Vice President)
People named in this filing
- KAREN BOWLIN (President)
- Kristin Neithercut (Vice President)
- NATALIE PANAMENO (Treasurer)
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
Red Chair Productions is a nonprofit corporation organized and operated exclusively for charitable purposes, specifically to inspire, motivate, mentor and share the physical arts with students of all ages through extraordinary dance and performing arts experiences. This will be accomplished through classes, training, rehearsal and performance opportunities.
What it reported doing in 2024
Local Sponsorship: We engage with other arts programs throughout our local community. We sponsor dance recitals, music performances and volunteer within the school district to continue arts education. Red Chair sponsors and assists local performing arts schools and programs with the production of their recitals and shows. Our goal is to sponsor programs that offer performing arts opportunities within the community. Red Chair's sponsorship promotes affordable community performing arts programs in public and private schools, as well as within community-based programs, such as Boys & Girls Clubs. Our dancers, alumni and professional volunteers work together with local programs and schools to offer time, expertise and training to the teachers and/or their students. Through this programing, we aim to bridge the gap between the current crisis within arts' funding in education and every child's right to have access to performing arts educational experience.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 82
- Sustainability: 49
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 82.7%; rating input score 83
- Program expense ratio: 86.6%; rating input score 87
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 4.6%; rating input score 47; 47th percentile among comparable filings
- Total-asset coverage ratio: 0.78; rating input score 51; 51st percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 41; 41st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 9.2% per year; rating input score 100; 59th percentile among comparable filings
- Revenue growth: 18.9% per year; rating input score 100; 82nd percentile among comparable filings
- Asset growth: 16.6% per year; rating input score 100; 76th percentile among comparable filings
Details
- Where the money goes: 82.7% of revenue deployed · 86.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $129K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2019 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 — Sustainability: Operating margin scored 47/100.
- Review — Sustainability: Total-asset coverage ratio scored 51/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 41/100.