Restoration Community Arts
- Assets
- $340.2k
- Revenue
- $493.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Escondido, CA
- Founding
- Data as of
- 06/2023
- EIN
- 84-3067984
Organization Overview
Restoration Community Arts is located in Escondido, CA. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Restoration Community 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 06/2023, Restoration Community Arts generated $493.5k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $441.1k during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
RESTORATION COMMUNITY ARTS EXISTS TO REVITALIZE COMMUNITIES THROUGH THE ARTS BY RESTORING THEATERS IN THE DOWNTOWN CORRIDOR AND PROVIDING AFFORDABLE, STATE-OF-THE-ART FACILITIES, EDUCATION AND ACCESS TO THE PERFORMING ARTS THROUGH STRATEGIC PARTNERSHIPS AND HIGH-QUALITY PROGRAMMING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSIC - MUSIC PERFORMANCES INCLUDES BUT IS NOT LIMITED TO MUSIC CONCERTS OF BANDS OR INDIVIDUALS PRESENTING MUSIC AS EITHER COVER BANDS OR ORIGINAL MUSIC BEFORE A LIVE AUDIENCE IN A SPECIFIC PLACE.
OTHERS
THEATRE - THEATRE PERFORMANCES INCLUDES BUT IS NOT LIMITED TO A COLLABORATIVE FORM OF PERFORMING ART THAT USES LIVE PERFORMERS, TO PRESENT THE EXPERIENCE OF A REAL OR IMAGINED EVENT BEFORE A LIVE AUDIENCE IN A SPECIFIC PLACE.
EVENTS - EVENTS INCLUDES BUT IS NOT LIMITED TO A GATHERING OF PEOPLE FOCUSED AROUND BRINGING ATTENTION TO A SPECIFIC REASON OR A SPECIAL OCCASION, SUCH AS A CONCERT, SOCIAL GATHERING, DANCE, OR OTHER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Grubb President | OfficerTrustee | 40 | $0 |
Mark Webster Vice President | OfficerTrustee | 4 | $0 |
Mark Burroughs Secretary | OfficerTrustee | 4 | $0 |
Mark Wolf Treasurer | OfficerTrustee | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $461,591 |
| Investment income | $948 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$14 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $30,927 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $493,452 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $19 |
| 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 | $269,062 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $30 |
| Payroll taxes | $13,877 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,063 |
| Fees for services: Accounting | $13,336 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $38,450 |
| Advertising and promotion | $3,269 |
| Office expenses | $44,747 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $40,347 |
| Travel | $497 |
| 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 | $12,920 |
| Insurance | $0 |
| All other expenses | $2,470 |
| Total functional expenses | $441,087 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $267,081 |
| 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 | $73,147 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $340,228 |
| Accounts payable and accrued expenses | $9,186 |
| 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 | $0 |
| Total liabilities | $9,186 |
| Net assets without donor restrictions | $331,042 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $340,228 |