The Phoenix Theatre Inc

Nonprofit profile at a glance

EIN
832036405
IRS 990-EZ coverage
2019–2020
Forms available
Form 990-EZ 2020
Location
Downingtown, PA, USA
Phone
6466754216
Rating
91
Verdict
STRONG
Rating confidence
Moderate
Sector
Theater

Reported finances

Revenue
$36,163
Expenses
$43,591
Assets
$17,639

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • Cheryl Myhr (President)
  • David Reich (Vice President)
  • Jessica Myhr Reich (Executive Director)

People named in this filing

  • Cheryl Myhr (President)
  • David Reich (Vice President)
  • Jessica Myhr Reich (Executive Director)

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 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Phoenix Theatre is a professional, non-profit theatre company dedicated to building an inspiring community. We strive to tell stories that encourage our audiences

What it reported doing in 2020

N 2020, The Phoenix Theatre produced its second production in which there were over six hundred audience members over the course of twelve performances. As in March CoVid-19 hit The Phoenix Theatre started virtual programming. The Phoenix Theatre produced a fully virtual production of Shakespeares Birthday completely free for everyone who wanted to watch for which there was more than one thousand views via youtube. In July, we had an all apprentice virtual-production with ten apprentices and three live performances. In October, we produced Henry VI, Part III for which more than six hundred actors auditioned, we had eleven actors and we had over five hundred views on youtube. To close the year we produced a Holiday show with more than twenty artists and more than one hundred views.

Operating model

Revenue model
Donor-supported. 79% 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

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: 100
  • Transparency & Controls: 100
  • Sustainability: 20
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • 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: Yes; rating input score 100

Sustainability

  • Operating margin: -20.5%; rating input score 29; 29th percentile among comparable filings
  • Total-asset coverage ratio: 0.4; rating input score 18; 18th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 3.2%; rating input score 12; 12th percentile among comparable filings

Growth

  • Program expense growth: -43.9% per year; rating input score 0; 12th percentile among comparable filings
  • Revenue growth: -88.2% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: -34.8% per year; rating input score 0; 5th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $44K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2019 to 2020
  • 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.

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.
  • High — Sustainability: Operating margin scored 29/100.
  • High — Sustainability: Total-asset coverage ratio scored 18/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 12/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.