The Downtown Theatre Foundation For The Arts is located in Fairfield, CA. The organization was established in 2012. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 08/2022, Downtown Theatre Foundation For The Arts employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downtown Theatre Foundation For The Arts 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 08/2022, Downtown Theatre Foundation For The Arts generated $637.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $521.0k during the year ending 08/2022. While expenses have increased by 1.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF THE FAIRFIELD CENTER FOR CREATIVE ARTS. PROMOTE AND FOSTER THEATRICAL AND MUSICAL PERFORMANCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF THE FARIFIELD CENTER FOR CREATIVE ARTS AND PROMOTION FOR THE BENEFIT OF COMMUNITY ARTS PROGRAMS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Pamela Spering President | OfficerTrustee | 15 | $0 |
Robert Brudney Vice President | OfficerTrustee | 5 | $0 |
Carol Warren Secretary | OfficerTrustee | 5 | $0 |
Alexandra Hoffman Treasurer | OfficerTrustee | 5 | $0 |
Wayne Senalik Director | Trustee | 5 | $0 |
Cathy Ritch Director | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $312,974 |
All other contributions, gifts, grants, and similar amounts not included above | $16,515 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $329,489 |
Total Program Service Revenue | $307,912 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $637,401 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $155,103 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,235 |
Advertising and promotion | $12,017 |
Office expenses | $945 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $64,207 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $23,340 |
Insurance | $11,896 |
All other expenses | $84,983 |
Total functional expenses | $521,030 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $93,017 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $104,153 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $197,170 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $2,887 |
Total liabilities | $2,887 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $194,283 |
Total liabilities and net assets/fund balances | $197,170 |
Over the last fiscal year, we have identified 1 grants that The Downtown Theatre Foundation For The Arts has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
Syar Foundation Napa, CA PURPOSE: DONATION FOR CONTINUED SUPPORT | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Segerstrom Center For The Arts Costa Mesa, CA | $493,213,588 | $84,488,930 |
Performing Arts Center Of Los Angeles County Los Angeles, CA | $146,527,407 | $76,131,684 |
Friends Of The Cultural Center Inc Palm Desert, CA | $48,047,897 | $20,407,526 |
The Smith Center For The Performing Arts Las Vegas, NV | $427,449,516 | $12,755,870 |
Luther Burbank Memorial Foundation Santa Rosa, CA | $31,726,314 | $16,161,291 |
Intersection For The Arts San Francisco, CA | $6,218,196 | $5,728,383 |
Santa Barbara Center For The Performing Arts Inc Santa Barbara, CA | $116,344,118 | $4,620,233 |
Lobero Theatre Foundation Santa Barbara, CA | $11,390,447 | $5,213,777 |
Paramount Theatre Of The Arts Inc Oakland, CA | $15,083,800 | $5,039,030 |
Irvine Barclay Theatre Operating Co Irvine, CA | $4,871,316 | $3,311,778 |
Mainly Mozart Inc San Diego, CA | $792,070 | $2,395,556 |
Gallo Center For The Arts Inc Modesto, CA | $40,396,474 | $2,412,473 |