Coachella Valley Repertory
- Assets
- $4.4m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 43
- Location
- Cathedral City, CA
- Founding
- 03/1996
- Data as of
- 06/2020
- EIN
- 95-4304295
Organization Overview
Coachella Valley Repertory is located in Cathedral City, CA. The organization was established in 1996. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Coachella Valley Repertory employed 43 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coachella Valley Repertory 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 06/2020, Coachella Valley Repertory generated $1.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $1.5m during the year ending 06/2020. While expenses have increased by 12.3% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
COACHELLA VALLEY REPERTORY IS AN EDUCATIONAL, DRAMATIC AND MUSICAL THEATRE ORGANIZATION THAT OFFERS THOUGHT-PROVOKING, INNOVATIVE THEATER OF SUBSTANCE, AND A VOICE TO A WIDE RANGE OF ARTISTS AND VISIONS. CVREP PROVIDES PRODUCTIONS AND OUTREACH PROGRAMS THAT POSITIVELY ENRICH, ENHANCE AND IMPACT THE QUALITY OF LIFE FOR RESIDENTS AND VISITORS IN THE COACHELLA VALLEY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COACHELLA VALLEY REPERTORY IS AN EDUCATIONAL, DRAMATIC AND MUSICAL THEATRE ORGANIZATION THAT OFFERS THOUGHT-PROVOKING, INNOVATIVE THEATER OF SUBSTANCE, AND A VOICE TO A WIDE RANGE OF ARTISTS AND VISIONS. CVREP PROVIDES PRODUCTIONS AND OUTREACH PROGRAMS THAT POSITIVELY ENRICH, ENHANCE AND IMPACT THE QUALITY OF LIFE FOR RESIDENTS AND VISITORS IN THE COACHELLA VALLEY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ron Celona Artistic Dir | Officer | 40 | $80,882 |
Joseph Basak CFO | Officer | 40 | $66,461 |
Tracey Essex Exec. Direct | Officer | 40 | $65,064 |
David Cohan President | OfficerTrustee | 10 | $0 |
Robert Moon Vice-Preside | OfficerTrustee | 5 | $0 |
Douglas Moreland Vice Preside | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $868,662 |
| Investment income | $28 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,621 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $58,476 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,422,253 |
| Statement of Expenses | |
|---|---|
| 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. | $165,494 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $401,445 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $95,919 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $45,575 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $33,397 |
| Occupancy | $0 |
| Travel | $3,057 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $27,570 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $142,589 |
| Insurance | $10,029 |
| All other expenses | $0 |
| Total functional expenses | $1,484,307 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $258,042 |
| Savings and temporary cash investments | $228,001 |
| Pledges and grants receivable | $96,449 |
| Accounts receivable, net | $162 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $778 |
| Prepaid expenses and deferred charges | $12,878 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $13,000 |
| Total assets | $4,438,176 |
| Accounts payable and accrued expenses | $27,486 |
| Grants payable | $0 |
| Deferred revenue | $75,897 |
| 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 | $1,816,804 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $28,000 |
| Total liabilities | $1,948,187 |
| 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 |
| Total liabilities and net assets/fund balances | $2,489,989 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that Coachella Valley Repertory has recieved totaling $320,580.
| Awarding Organization | Amount |
|---|---|
Howard Charitable Foundation Shoreline, WA PURPOSE: UNRESTRICTED | $225,000 |
Auen Foundation Palm Desert, CA PURPOSE: 2021-2022 INTERGENERATIONAL PROGRAMS | $25,000 |
Shubert Foundation Inc New York, NY PURPOSE: GENERAL OPERATING | $15,000 |
Impactassets Inc Bethesda, MD PURPOSE: GENERAL SUPPORT | $9,800 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $9,000 |
Rodman Foundation St Paul, MN PURPOSE: THE ANNUAL FUND | $7,000 |
Endowment Analysis
| Beg. Balance | $5,000 |
| Net Contributions | $575,400 |
| Other Expense | $575,400 |
| Ending Balance | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oregon Shakespeare Festival Association Ashland, OR | $57,188,884 | $18,740,778 |
Old Globe Theatre San Diego, CA | $79,168,056 | $16,473,770 |
Geffen Playhouse Inc Los Angeles, CA | $33,029,635 | $21,063,113 |
Center Theatre Group Of Los Angeles Los Angeles, CA | $93,308,392 | $15,777,431 |
Theatre & Arts Foundation Of San Diego County La Jolla, CA | $96,134,792 | $15,790,250 |
Berkeley Repertory Theatre Berkeley, CA | $78,284,133 | $11,370,014 |
Phoenix Theatre Inc Phoenix, AZ | $21,212,066 | $8,604,934 |
Theatreworks Silicon Valley Redwood City, CA | $8,373,819 | $8,187,041 |
South Coast Repertory Inc Costa Mesa, CA | $83,774,342 | $5,710,509 |
Arizona Theatre Company Tucson, AZ | $5,166,004 | $10,001,507 |
Rialto Theatre Foundation Tucson, AZ | $5,053,009 | $7,645,173 |
Theatre For Children Inc Sacramento, CA | $27,810,781 | $2,930,921 |