Theatre Center for the Arts Inc

Nonprofit profile at a glance

EIN
473673194
IRS 990-EZ coverage
2015–2015
Forms available
Form 990-EZ 2015
Location
Dallas, TX, USA
Phone
2148280094
Rating
52
Verdict
MIXED
Rating confidence
Moderate
Sector
Performing Arts Centers

Reported finances

Revenue
$44,409
Expenses
$1,116
Assets
$43,293

Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • CYNTHIA SUE LONCAR (President)

People named in this filing

  • CYNTHIA SUE LONCAR (President)
  • MARCIA C BURZAIR (Secretary)
  • MICHELLE BONE-MELSHEIMER (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 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

As the only arts institution in the area, theatre center for the arts, inc is a boutique performing arts venue that serves as the cultural magnet of lower greenville avenue, dallas, a vibrant neighborhood surrounded by restaurants and bistros. Our mission is to gather individuals for a shared experience, and craft an audience network that celebrates the human condition through a collective exploration of human relationships via quality live theatrical performances.

What it reported doing in 2015

We are a cultural center located right in the center of an active pedestrian neighborhood, and as a result, our connection is immediate and seamless. We plan on producing four main stage productions for the 2016 season. In addition, we plan on hosting a showcase of new musical theatre compositions by a variety of composers, laugh supper improv, a showcase for rising college=bound music and theatre students, a summer theatre workshop for ages 9-15, and a poetry series.

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

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 30
  • Transparency & Controls: 82
  • Sustainability: 83
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 1.9%; rating input score 2
  • Program expense ratio: 76.2%; rating input score 76

Transparency & Controls

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

Sustainability

  • Operating margin: 97.5%; rating input score 100; 100th percentile among comparable filings
  • Total-asset coverage ratio: 38.79; rating input score 98; 98th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 1.9% of revenue deployed · 76.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $850 in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • 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 — Financial Efficiency: Mission deployment rate scored 2/100.
  • Review — Sustainability: Officer compensation ratio scored 57/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.