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

Official website

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.