Fountain Theatre

Organization Overview

Fountain Theatre is located in Los Angeles, CA. The organization was established in 1980. 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 12/2021, Fountain Theatre employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fountain Theatre 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 12/2021, Fountain Theatre generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.1% each year . All expenses for the organization totaled $1.0m during the year ending 12/2021. While expenses have increased by 11.8% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO CREATE, DEVELOP, AND PUBLICLY PRODUCE LIVE THEATRICAL PRODUCTIONS AND DANCE EVENTS THAT REFLECT THE DIVERSITY OF LOS ANGELES AND THE NATION. TO ENHANCE THE LIVES OF YOUNG PEOPLE THROUGH EDUCATIONAL ARTS PROGRAMS SERVING MULTIPLE COMMUNITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ORGANIZATION DEVELOPS PROVOCATIVE NEW WORKS AND EXPLORES A UNIQUE VISION OF ESTABLISHED PLAYS THAT REFLECT THE IMMEDIATE CONCERNS AND CULTURAL DIVERSITY OF CONTEMPORARY LOS ANGELES AND THE NATION.


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Board, Officers & Key Employees

Name (title)Compensation
Stephen Sachs
Director
$72,273
Simon Levy
Director
$61,121
Barbara Goodhill
Director
$37,173
Donald Zachary
Secretary
$0
Dorothy Wolpert
Chair
$0
Karen Kondazian
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $301,230
All other contributions, gifts, grants, and similar amounts not included above$753,742
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,054,972
Total Program Service Revenue$151,392
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 $3,289
Miscellaneous Revenue$0
Total Revenue $1,209,653

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Fountain Theatre has recieved totaling $19,000.

Awarding OrganizationAmount
Brener Family Foundation

Los Angeles, CA

PURPOSE: GENERAL SUPPORT

$19,000
View Grant Recipient Profile

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