South Coast Repertory Inc

Nonprofit profile at a glance

EIN
956122708
IRS 990 coverage
2009–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Costa Mesa, CA, USA
Phone
7147085500
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Theater

Official website

Reported finances

Revenue
$11,068,228
Expenses
$12,736,096
Assets
$78,361,736
Liabilities
$3,740,520

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

Leadership & pay

30 people listed

Executive titles in this filing

  • TALYA NEVO-HACOHEN (PRESIDENT)

Highest reported compensation

  • DAVID IVERS (ARTISTIC DIRECTOR): $296,456 total reported compensation
  • PAULA TOMEI (MANAGING DIRECTOR (FORMER)): $239,399 total reported compensation
  • BIL SCHROEDER (MARKETING & COMMUNICATIONS DIRECTOR): $131,947 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Scr was established for the purpose of educating and serving its community with productions of dramatic entertainment on its stages and offering dramatic classes for youth through adults (the conservatory) both onsite and in community venues throughout orange county.

What it reported doing in 2024

Conservatory: this comprehensive program offers specialized theatre training for children and adults, taught by working theatre professionals. The conservatory has four components: the youth and teen program, for students grades 3-12, is held in three 10-week sessions throughout the school year. The youth program is for grades 3-6 and the teen program is for grades 7-12. Also offered is the summer theatre workshop, a 2-week introductory session held in august for youths grades 3-12; and the neighborhood conservatory, a 10-week version of the young conservatory offered free-of-charge at community centers, for children who would otherwise not have access to such a program. Scholarships for the youth and teen programs are awarded to students who distinguish themselves in scr's neighborhood conservatory programs based on commitment, enthusiasm, personal growth and the ability to work in an ensemble. The junior, teen and summer players are performance groups for young people with at least two years of conservatory training. Three times a year they perform professionally written, directed and designed productions for paid audiences in the nicholas studio. The theatre conservatory, for students 18 and over, offers classes in four 8-week sessions. These classes teach the fundamentals through exercises in basic skills of improvisation, communication and scene work. Students in this program are both vocational and/or interested in a professional career.

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 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 most voting board members are independent. The filing reports few safeguards for money sent abroad and the filing does not identify recipients for some grant dollars.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 57
  • Accountability: 93
  • Sustainability: 41
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 95.8%; rating input score 96
  • Program expense ratio: 80.2%; rating input score 80
  • Fundraising efficiency: $3.42 raised per $1 spent on fundraising; rating input score 13; 13th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: Scored; rating input score 0
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 88.5%; rating input score 88; 21st percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • 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: -15.1%; rating input score 7; 7th percentile among comparable filings
  • Total-asset coverage ratio: 6.15; rating input score 87; 87th percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 83; 83rd percentile among comparable filings
  • Officer compensation ratio: 9.8%; rating input score 21; 21st percentile among comparable filings

Growth

  • Program expense growth: 0.8% per year; rating input score 100; 13th percentile among comparable filings
  • Revenue growth: -0.4% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: 1.3% per year; rating input score 100; 15th percentile among comparable filings

Details

  • Where the money goes: 95.8% of revenue deployed · 80.2% of spending went to programs
  • Governance: 23 of 26 board members independent · 8 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $10.2M in reported program spending
  • Leadership: top reported pay $296K · 30 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $1.5M reported
  • Consistency: 34 of 34 current checks pass
  • Schedules: 9 filed schedules · includes major donors, foreign activity, and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 9 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 — Transparency & Controls: Foreign activity oversight scored 0/100.
  • High — Transparency & Controls: Grant itemization coverage scored 0/100.
  • High — Financial Efficiency: Fundraising efficiency scored 13/100.
  • High — Sustainability: Operating margin scored 7/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 21/100.