Valley Youth Theatre
Nonprofit profile at a glance
- EIN
- 860641978
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Phoenix, AZ, USA
- Phone
- 6022538188
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Performing Arts Organizations
Reported finances
- Revenue
- $1,616,886
- Expenses
- $2,044,956
- Assets
- $5,961,069
- Liabilities
- $363,570
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
19 people listed
Executive titles in this filing
- LEIGH ANN DOLAN (EXECUTIVE DIRECTOR)
Highest reported compensation
- BOBB COOPER (PRODUCING ARTISTIC DIRECTOR (THROUGH APRIL 2025)): $209,025 total reported compensation
- LEIGH ANN DOLAN (EXECUTIVE DIRECTOR): $94,994 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Vyt is organized for the purpose of (1) acquiring, maintaining and operating, on a non-profit basis, a youth theatre for the production and presentation of plays and other theatrical performances, together with all activities incident thereto; and (continued on schedule o) (2) providing, for school-aged youth, a creative, artistic, and educational experience by giving them an opportunity to participate in all phases of theatrical productions and by giving them an opportunity to see dramatic presentations.
What it reported doing in 2024
Valley youth theatre (vyt) produced 5 mainstage shows (all musicals) during the 2024-2025 season. Over 20,000 attended these mainstage productions. Valley youth theatre reached over 1,700 participants with books and a live performance of a vyt production through our literacy and the arts program and 8,000 students through live educational programs, field trips and showcases. 350 volunteers contributed 3,600 volunteer hours to valley youth theatre. Vyt reached over 1,200 children through our sponsor a seat program in june 2025.
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 the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 74
- Transparency & Controls: 74
- Accountability: 100
- Sustainability: 34
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.7%; rating input score 91
- Program expense ratio: 66.5%; rating input score 67
- Fundraising efficiency: $3.24 raised per $1 spent on fundraising; rating input score 10; 10th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- 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: -26.5%; rating input score 7; 7th percentile among comparable filings
- Total-asset coverage ratio: 2.92; rating input score 74; 74th percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 49; 49th percentile among comparable filings
- Officer compensation ratio: 14.9%; rating input score 23; 23rd percentile among comparable filings
Growth
- Program expense growth: 3.6% per year; rating input score 100; 35th percentile among comparable filings
- Revenue growth: 5.8% per year; rating input score 100; 48th percentile among comparable filings
- Asset growth: 18% per year; rating input score 100; 78th percentile among comparable filings
Details
- Where the money goes: 90.7% of revenue deployed · 66.5% of spending went to programs
- Governance: 17 of 17 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $1.4M in reported program spending
- Leadership: top reported pay $209K · 19 people listed · 2 of 6 pay-setting controls reported
- Consistency: 31 of 31 current checks pass
- Schedules: 8 filed schedules · includes major donors and executive pay
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 2 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 — Financial Efficiency: Fundraising efficiency scored 10/100.
- High — Sustainability: Operating margin scored 7/100.
- High — Sustainability: Officer compensation ratio scored 23/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 49/100.