Theatre Foundation is located in Murrieta, CA. The organization was established in 2000. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Theatre Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Theatre Foundation generated $34.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $9.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
BUILD, MAINTAIN AND PROVIDE A PERMANENT ADULT AND YOUTH COMMUNITY THEATER AND PROVIDE A PERMANENT LOCATION FOR TEMECULA VALLEY COMMUNITY PLAYHOUSE AND FINE ARTS NETWORK.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beverly Stephenson President | 2 | $0 | |
Bobbi Boes Director | 2 | $0 | |
Patti Drew Director | 0.4 | $0 | |
Chariss Turner Director | 0.4 | $0 | |
Jan Lunday Treasurer | 0.5 | $0 | |
Sherry Williams-Fletcher Vice President | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,307 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5,931 |
| Gain or Loss | $3,449 |
| Net Income from Gaming & Fundraising | $14,097 |
| Other Revenue | $0 |
| Total Revenue | $34,784 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,000 |
| Occupancy, rent, utilities, and maintenance | $1,717 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,192 |
| Total expenses | $9,173 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $271,243 |
| Other assets | $0 |
| Total assets | $363,792 |
| Total liabilities | $19,194 |
| Net assets or fund balances | $344,598 |
Over the last fiscal year, Theatre Foundation has awarded $7,150 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
FINE ARTS NETWORK PURPOSE: ANNUAL SUPPORTANNUAL SUPPORT | $5,000 |
SOUTHWEST WOMEN'S CHORUS PURPOSE: ANNUAL SUPPORT | $650 |
TEMECULA VALLEY PLAYERS PURPOSE: ANNUAL SUPPORT | $1,500 |