THE DISTRICT THEATRE INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1988

Legal Domicile

Phone

3176316542

Tax Period

2023-01-01 to 2023-12-31

THE DISTRICT THEATRE INC, founded in 1988, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.4M in total revenue in fiscal year 2023. Revenue surged 421% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.7M, a strong 80% operating margin.

Mission

THE DISTRICT THEATRE ENRICHES AND STRENGTHENS OUR COMMUNITY BY PRESENTING, SUPPORTING, AND AMPLIFYING THE VOICES OF PERFORMING ARTISTS, PARTICULARLY THOSE WHO REPRESENT THE DIVERSITY OF HUMAN EXPERIENCE.

Program Service Accomplishments

Program 1

Expenses: $542,322 Revenue: $232,801

THE THEATRE PRODUCES QUALITY CLASSIC, CONTEMPORARY AND ORIGINAL WORKS ON STAGE AND PROVIDES OPPORTUNITIES TO SHOWCASE LOCAL TALENT BY OFFERING THE OPPORTUNITY TO PARTICIPATE IN VARIOUS ROLES...

THE THEATRE PRODUCES QUALITY CLASSIC, CONTEMPORARY AND ORIGINAL WORKS ON STAGE AND PROVIDES OPPORTUNITIES TO SHOWCASE LOCAL TALENT BY OFFERING THE OPPORTUNITY TO PARTICIPATE IN VARIOUS ROLES INCLUDING ACTING, DIRECTING, PRODUCTION, MUSICAL PERFORMANCE, ETC. THE THEATRE ALSO PROVIDES PRODUCTION AND VENUE RENTALS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,124,052

Program Service Revenue $232,801

Investment Income $21,636

Other Revenue $0

TOTAL REVENUE $3,378,489

Expense Breakdown

Grants Paid $225,000

Salaries & Benefits $0

Fundraising Expenses $10,158

Program Expenses $542,322

Other Expenses $448,956

TOTAL EXPENSES $673,956

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,378,489	$648,318	+4.2%
Expenses	$673,956	$361,478	+0.9%
Net Income	$2,704,533	$286,840	+8.4%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

$534,111

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	VICE CHAIR	5.0	Officer Director	$0	$0	$0
N/A	CHAIR	5.0	Officer Director	$0	$0	$0
N/A	TREASURER	5.0	Officer Director	$0	$0	$0
N/A	Secretary	5.0	Officer Director	$0	$0	$0
N/A	DIRECTOR	5.0	Director	$0	$0	$0
N/A	DIRECTOR (END 06/2023)	1.0	Director	$0	$101,548	$534,111
N/A	DIRECTOR	5.0	Director	$0	$0	$0
N/A	DIRECTOR	5.0	Director	$0	$0	$0
N/A	DIRECTOR	5.0	Director	$0	$0	$0
N/A	DIRECTOR	5.0	Director	$0	$0	$0
N/A	DIRECTOR	5.0	Director	$0	$0	$0
N/A	DIRECTOR	5.0	Director	$0	$0	$0
N/A	DIRECTOR	5.0	Director	$0	$0	$0
N/A	DIRECTOR	5.0	Director	$0	$0	$0
N/A	DIRECTOR	5.0	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$3,378,489	$673,956	$3,815,946	$2,704,533
2022	$648,318	$361,478	$1,143,619	$286,840
2021	$399,127	$200,450	$545,465	$198,677
2020	$107,616	$37,984	$300,353	$69,632