The Open Fist Theatre Company Inc is located in Van Nuys, CA. The organization was established in 1992. 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 12/2023, Open Fist Theatre Company Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Open Fist Theatre Company Inc 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 12/2023, Open Fist Theatre Company Inc generated $291.0k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 15.0% each year . All expenses for the organization totaled $367.6k during the year ending 12/2023. While expenses have increased by 20.8% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
OPEN FIST THEATRE COMPANY IS A SELF-GOVERNING COMMUNITY OF THEATRE ARTISTS WHO BELIEVE IN THE TRANSFORMATIVE IMPERATIVE OF INCLUSIVE AND COLLABORATIVE THEATRE. DEDICATED TO EXPANDING SOCIAL AWARENESS THROUGH ART, WE SEEK, THROUGH DIVERSE VOICES AND ARTISTIC VISIONS, TO CELEBRATE DIFFERENCE, NURTURE EMPATHY AND ADVANCE SOCIAL CHANGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2023, OPEN FIST THEATRE COMPANY RESUMED ALL ASPECTS OF OUR ACTIVITY. COMPANY CLASSES WERE OFFERED IN SCENE STUDY; IMPROVISATION & SKETCH WRITING; "MONSTER REP": INTERPRETATION AND PERFORMANCE OF THE MOST CHALLENGING EPIC AND POETIC TEXTS; AS WELL AS PLAYWRITING & NEW PLAY DEVELOPMENT. OUR IMPROVISATION AND SKETCH WRITING CLASS RESULTED IN THE CREATION OF AN ONGOING WEEKLY SKETCH SHOW, DIRECTED BY ORIGINAL SECOND CITY MEMBER RON WEST, DRAWN FROM CURRENT NEWS HEADLINES. OUR MONSTER REP WORKSHOP FOCUSED ON KING LEAR, AND CULMINATED IN A WORKSHOP PRESENTATION OF THE FIRST TWO ACTS. BASED ON ITS SUCCESS, A FULL PRODUCTION HAS BEEN SCHEDULED FOR 2025. AND FROM OUR PLAYWRITING AND NEW PLAY DEVELOPMENT GROUP WE GOT A WORKSHOP PRODUCTION OF BETH ROBBINS' STRAINED RELATIONS, AND STAGED READINGS OF SCHUYLER MASTAIN'S BALDWIN/KENNEDY AND JAMES FOWLER'S RESPIRE NAN (THE STORY OF THE ONLY BLACK FAMILY ABOARD THE TITANIC.)IN ADDITION, HANDS-ON OPPORTUNITIES WERE SUPPLIED AS FOLLOWS: 843 HOURS OF IN PERSON REHEARSAL (FOR ACTORS, STAGE MANAGERS, DIRECTORS, WRITERS); 1,567 HOURS OF IN PERSON DESIGN/PRODUCTION TIME (FOR DESIGNERS, DIRECTORS, PRODUCERS); AND 340 HOURS OF IN PERSON PERFORMANCE (FOR ALL ACTORS/SINGERS/MUSICIANS/CREW/STAGE MANAGERS.)
THE OPEN FIST THEATRE COMPANY'S 2023 SEASON WAS COMPRISED OF THE WORLD PREMIERE OF IVA BRDARS AND IF I DON'T BEHAVE THEN WHAT; A REVIVAL OF THE MUSICAL STARMITES; THE EXTENSION OF OUR REVIVAL PRODUCTION OF ANATOMY OF GRAY; AND THE WEST COAST PREMIERE OF DOMINIQUE MORISSEAU'S BLOOD AT THE ROOT. WE ALSO PRODUCED THE WEEKLY SKETCH SHOW THIS WEEK THIS WEEK (AND CELEBRATED ITS ONE YEAR ANNIVERSARY WITH BEST OF BEST OF THIS WEEK THIS WEEK.) IN DECEMBER, THE COMPANY REVIVED ITS EXUBERANT ANNUAL CHARITY CONCERT -- AT THE BROAD THEATRE IN SANTA MONICA -- FEATURING THE TALENTS OF 49 SINGERS AND INSTRUMENTALISTS, AND IN OCTOBER, WE PRODUCED OUR FIRST GALA POST-PANDEMIC AT THE LA ZOO.THE COMPANY'S PROGRAMMING IN 2023 INVOLVED 126 ACTORS/SINGERS, 12 OTHER COMPANY MEMBERS, AND 52 GUEST ARTISTS (DIRECTORS, PRODUCERS, CHOREOGRAPHERS, DESIGNERS, AND MUSICIANS.) IN PERSON PERFORMANCES WERE ATTENDED BY 5,573 PATRONS (4708 PAID ATTENDANCE; 865 FREE ADMISSIONS) AND VIRTUAL PROGRAMS WERE ATTENDED BY APPROXIMATELY 156 PATRONS (TICKETS WERE FREE BUT 56 CONTRIBUTED.)
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Martha Demson Chairman | Trustee | 40 | $0 |
Malhar Pagay President | Trustee | 2 | $0 |
Richard Knolla Treasurer | Officer | 2 | $0 |
Ina Shumaker Secretary | Officer | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $12,953 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $51,655 |
All other contributions, gifts, grants, and similar amounts not included above | $128,229 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $192,837 |
Total Program Service Revenue | $95,940 |
Investment income | $2,204 |
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 | $290,981 |
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 | $78,785 |
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 | $0 |
Advertising and promotion | $0 |
Office expenses | $333 |
Information technology | $0 |
Royalties | $9,711 |
Occupancy | $156,335 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $1,177 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,825 |
Insurance | $2,924 |
All other expenses | $9,286 |
Total functional expenses | $367,636 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $102,533 |
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 | $4,647 |
Net Land, buildings, and equipment | $25,938 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $6,176 |
Total assets | $139,294 |
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 | $62,887 |
Total liabilities | $62,887 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $1,000 |
Paid-in or capital surplus, or land, building, or equipment fund | $100,523 |
Retained earnings, endowment, accumulated income, or other funds | -$25,116 |
Total liabilities and net assets/fund balances | $139,294 |