Regional Performing Arts Company

Nonprofit profile at a glance

EIN
813882056
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024, Form 990-N 2022
Location
Portage, IN, USA
Phone
2198419545
Rating
94
Verdict
STRONG
Rating confidence
Moderate
Sector
Performing Arts Organizations

Reported finances

Revenue
$107,535
Expenses
$100,640
Assets
$247,186
Liabilities
$179,340

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

Leadership & pay

8 people listed

Executive titles in this filing

  • BETHANY HATISMA (VICE PRESIDENT)

People named in this filing

  • KATELYN LEONARD-WHITE (PRES (VOLUNTEER)/BLDG MGR)
  • BETHANY HATISMA (VICE PRESIDENT)
  • BRADLEY GOBEN (SECRETARY)

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

To provide a supplementary performance experience to the youth of northwest Indiana through a safe, educational environment.

What it reported doing in 2024

Provide theatrical opportunities for student artists in on-stage and off-stage roles in a variety of shows throughout the year. Over 125 youths are served throughout a season with 750 patrons in attendance over the course of 18 shows.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 99% 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 liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 92
  • Transparency & Controls: 100
  • Sustainability: 53
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 89.8%; rating input score 90
  • Program expense ratio: 95.9%; rating input score 96

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: 6.4%; rating input score 51; 51st percentile among comparable filings
  • Total-asset coverage ratio: 2.46; rating input score 85; 85th percentile among comparable filings
  • Liabilities to assets ratio: 0.73; rating input score 7; 7th percentile among comparable filings
  • Officer compensation ratio: 4.1%; rating input score 23; 23rd percentile among comparable filings

Growth

  • Program expense growth: 119.4% per year; rating input score 100; 98th percentile among comparable filings
  • Revenue growth: 46.6% per year; rating input score 100; 95th percentile among comparable filings
  • Asset growth: 120.9% per year; rating input score 100; 99th percentile among comparable filings

Details

  • Where the money goes: 89.8% of revenue deployed · 95.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $97K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • Review — Sustainability: Operating margin scored 51/100.
  • High — Sustainability: Liabilities to assets ratio scored 7/100.
  • High — Sustainability: Officer compensation ratio scored 23/100.