Theatre Longview
Nonprofit profile at a glance
- EIN
- 352447543
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2021
- Location
- Longview, TX, USA
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Theater
Reported finances
- Revenue
- $134,097
- Expenses
- $141,823
- Assets
- $37,009
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- TYLER SMITH (PRESIDENT)
People named in this filing
- TYLER SMITH (PRESIDENT)
- C J CLAYTON (VICE PRESIDE)
- CHERRY FISHER (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
Theatre longview engages, inspires, entertains and challenges audiences with theatrical productions that will train and support the next generation of theater artists. Theatre longview will provide arts education programs that promote life-long learning to a divers community as well as celebrate the essential power of theater. The goal is to present live theatre in longview, Texas by providing an opportunity for those of all ages to showcase their talents and to participate in the joys of theater because we believe art makes an important contribution to a healthy community.
What it reported doing in 2024
Theatre longview engages, inspires, entertains and challenges audiences with theatrical productions that will train and support the next generation of theater artists. Theatre longview will provide arts education programs that promote life-long learning to a diverse community as well as celebrate the essential power of theater. The goal is to present live theatre in longview, Texas by providing an opportunity for those of all ages to showcase their talents and to participate in the joys of theater because we believe art makes an important contribution to a healthy community.
Operating model
- Revenue model
- Donor-supported. 62% 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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 24
- Growth: 100
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; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -5.8%; rating input score 21; 21st percentile among comparable filings
- Total-asset coverage ratio: 0.26; rating input score 23; 23rd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 37.7% per year; rating input score 100; 88th percentile among comparable filings
- Revenue growth: 33.8% per year; rating input score 100; 92nd percentile among comparable filings
- Asset growth: 25% per year; rating input score 100; 85th 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 · $142K in reported program spending
- Leadership: top reported pay $0 · 14 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2020 to 2024
- 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.
- High — Sustainability: Operating margin scored 21/100.
- High — Sustainability: Total-asset coverage ratio scored 23/100.