Pacific Resident Theatre Ensemble
- Assets
- $271.9k
- Revenue
- $357.4k
- Investments
- $0.0
- Employees
- 41
- Location
- Venice, CA
- Founding
- 04/1986
- Data as of
- 06/2023
- EIN
- 95-4020232
Organization Overview
Pacific Resident Theatre Ensemble is located in Venice, CA. The organization was established in 1986. According to its NTEE Classification (A6C) the organization is classified as: Bands & Ensembles, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Pacific Resident Theatre Ensemble employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pacific Resident Theatre Ensemble 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, Pacific Resident Theatre Ensemble generated $357.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $502.5k 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
TO PROVIDE PROGRAMING TO ENTERTAIN, INFORM AND EDUCATE OUR MULTI CULTURAL COMMUNITY; TO REDISCOVER RARELY PERFORMED CLASSICS, AND TO DEVELOP NEW WORKS INFLUENCED BY SOCIAL RELEVANCE; TO PROVIDE OPPORTUNITIES FOR ARTISTS AND CRAFTSMAN TO DEVELOP AND ENRICH THEIR SKILLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE YEAR THE THEATRE MEMBERS PERFORMED IN 2 MAIN STAGE SHOWS. THE THEATRE MEMBERS PERFORMED IN 1 MAINSTAGE SHOW, 5 COOP SHOWS, 1 CONSERVATORY PERFORMANCE AND 12 PERFORMANCES IN PLAY READING SERIES FOR SENIORS. ALL TOTALED 8 PRODUCTIONS PROVIDED OPENINGS FOR ACTING, DESIGN, CONSTRUCTION, AND OTHER TECHNICAL OPENINGS, AS WELL AS ADMINISTRATIVE AND PRODUCTION POSITIONS. THE COMBINED ATTENDANCE THESE 8 SHOWS WAS 4909.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marilyn Fox Director | Trustee | 55 | $49,500 |
Anna Tisson Business Mangr. | Officer | 50 | $42,600 |
Bruce Whitney Managing Direct | OfficerTrustee | 8 | $4,264 |
Tania Gutsche Secretary | OfficerTrustee | 3 | $0 |
Yule Caise Director | Trustee | 2 | $0 |
Robin Lithgow Vice President | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $90,884 |
| All other contributions, gifts, grants, and similar amounts not included above | $177,019 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $267,903 |
| Total Program Service Revenue | $86,607 |
| Investment income | $504 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,400 |
| 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 | $357,414 |
| 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. | $96,617 |
| Compensation of current officers, directors, key employees. | $14,953 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $164,891 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $20,029 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,504 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $110,401 |
| Travel | $622 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,067 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,328 |
| Insurance | $32,385 |
| All other expenses | $21,077 |
| Total functional expenses | $502,512 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $103,622 |
| Savings and temporary cash investments | $125,767 |
| Pledges and grants receivable | $9,900 |
| 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 | $6,036 |
| Net Land, buildings, and equipment | $6,446 |
| Investments—publicly traded securities | $8,167 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,000 |
| Total assets | $271,938 |
| Accounts payable and accrued expenses | $12,580 |
| Grants payable | $0 |
| Deferred revenue | $27,728 |
| 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 | $145,927 |
| Other liabilities | $0 |
| Total liabilities | $186,235 |
| Net assets without donor restrictions | $64,510 |
| Net assets with donor restrictions | $21,193 |
| 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 | $271,938 |