Waxahachie Community Theater
Nonprofit profile at a glance
- EIN
- 751686692
- IRS 990-EZ coverage
- 2011–2025
- Forms available
- Form 990-EZ 2025
- Location
- Waxahachie, TX, USA
- Phone
- 9727758153
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
Reported finances
- Revenue
- $81,491
- Expenses
- $66,174
- Assets
- $60,234
- Liabilities
- $1,968
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
8 people listed
People named in this filing
- KASI JONES (EXECUTIVE DI)
- ZACH NELSON (CHAIRPERSON)
- CATY BELL (VICE CHAIRPE)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Fine arts performances and community art development.
What it reported doing in 2025
Fine arts performances; in excess of 6,000 persons viewing with approximately 175 persons performing in public facilities for community support and development
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 95% 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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Total assets are small relative to annual expenses; liquid coverage is unknown and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 100
- Sustainability: 56
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 73.7%; rating input score 74
- Program expense ratio: 90.6%; rating input score 91
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: 18.8%; rating input score 71; 71st percentile among comparable filings
- Total-asset coverage ratio: 0.91; rating input score 45; 45th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 20; 20th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 3.5% per year; rating input score 100; 57th percentile among comparable filings
- Revenue growth: 2.4% per year; rating input score 100; 60th percentile among comparable filings
- Asset growth: 7% per year; rating input score 100; 62nd percentile among comparable filings
Details
- Where the money goes: 73.7% of revenue deployed · 90.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $60K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 14 filing years from 2011 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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.
- Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
- High — Sustainability: Liabilities to assets ratio scored 20/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.