Royal Theatre Foundation

Nonprofit profile at a glance

EIN
472762764
IRS 990-EZ coverage
2015–2018
Forms available
Form 990-EZ 2018
Location
Fairview, OK, USA
Phone
5802274100
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Theater

Reported finances

Revenue
$127,155
Expenses
$113,760
Assets
$110,981
Liabilities
$10,773

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • MARK STUBSTEN (PRESIDENT)

People named in this filing

  • MARK STUBSTEN (PRESIDENT)
  • BLAKE CARLISLE (VICE PRESIDE)
  • JIM BLEVINS (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 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The royal theatre foundation's activities will be to restore, maintain, and operate the theatre for use as a theatre and for a space available for school and public events since the royal theatre will be the only theatre and facility of its kind within 45 miles of fairview, Oklahoma.

What it reported doing in 2018

The royal theatre foundation renovated, maintained and operated a movie theatre for the community of fairview, Oklahoma and surrounding area of 45 miles located in rural northwest Oklahoma. The facility is used as a theatre and cultural event center for the general public.

Operating model

Revenue model
Earned-program. 88% 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: 93
  • Transparency & Controls: 82
  • Sustainability: 58
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 89.5%; rating input score 89
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 10.5%; rating input score 62; 62nd percentile among comparable filings
  • Total-asset coverage ratio: 0.98; rating input score 61; 61st percentile among comparable filings
  • Liabilities to assets ratio: 0.1; rating input score 31; 31st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 64; 64th percentile among comparable filings

Growth

  • Program expense growth: -13.1% per year; rating input score 0; 12th percentile among comparable filings
  • Revenue growth: -15.3% per year; rating input score 0; 3rd percentile among comparable filings
  • Asset growth: 6.9% per year; rating input score 100; 52nd percentile among comparable filings

Details

  • Where the money goes: 89.5% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $114K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2015 to 2018
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 31/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.