THE FITZGERALD THEATER COMPANY

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1982

Legal Domicile

Principal Officer

DAVID KANSAS

Phone

6512901446

Tax Period

2018-07-01 to 2019-06-30

THE FITZGERALD THEATER COMPANY, founded in 1982, is a small nonprofit that reported $644K in total revenue in fiscal year 2018. Revenue decreased 8% compared to the prior year. Expenses of $736K exceeded revenue, resulting in a 14% operating deficit.

Mission

Program Service Accomplishments

Program 1

Expenses: $736,498 Revenue: $262,200

THE FITZGERALD THEATER COMPANY (FTC) WAS FORMED AS A 501(C)(3), 509(A)(2) NONPROFIT CORPORATION IN ORDER TO RENOVATE, MAINTAIN AND OPERATE THE FITGERALD THEATER TO PROVIDE VALUABLE REHEARSAL AND...

THE FITZGERALD THEATER COMPANY (FTC) WAS FORMED AS A 501(C)(3), 509(A)(2) NONPROFIT CORPORATION IN ORDER TO RENOVATE, MAINTAIN AND OPERATE THE FITGERALD THEATER TO PROVIDE VALUABLE REHEARSAL AND PERFORMANCE SPACE FOR NONCOMMERCIAL EDUCATIONAL PUBLIC RADIO PROGRAMS AND FOR NONPROFIT COMMUNITY PERFORMING ARTS ORGANIZATIONS. THESE GOALS WERE ACCOMPLISHED IN THE ACTIVITIES ENGAGED IN BY FTC DURING FISCAL YEAR 2019. TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION, 24 PERFORMANCES WERE STAGED AT THE FITZGERALD THEATER DURING THE FISCAL YEAR 2019 WITH 24,174 ATTENDEES.

Program 2

Expenses: $0 Revenue: $0

THE FITZGERALD THEATER IS COMMITTED TO PROGRAMMING THAT REFLECTS THE AUDIENCE AND MISSION OF MINNESOTA PUBLIC RADIO (MPR). THIS 1,000 SEAT THEATER ACTS AS MPR'S LARGEST BROADCAST STUDIO, WITH...

THE FITZGERALD THEATER IS COMMITTED TO PROGRAMMING THAT REFLECTS THE AUDIENCE AND MISSION OF MINNESOTA PUBLIC RADIO (MPR). THIS 1,000 SEAT THEATER ACTS AS MPR'S LARGEST BROADCAST STUDIO, WITH BROADCASTS FROM THE THEATER REACHING MILLIONS OF PEOPLE THROUGH THE RADIO BROADCASTS. THE FITZGERALD THEATER ALSO HAS STAGED PRODUCTIONS, COMMISSION AUTHORS, ARTISTS AND RADIO HOSTS TO CREATE INTELLECTUALLY STIMULATING PROGRAMS THAT DELIGHT AND ENLIGHTEN THE PUBLIC RADIO COMMUNITY. THE FITZGERALD THEATER IS SAINT PAUL'S OLDEST THEATER.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $262,200

Investment Income $321,941

Other Revenue $59,847

TOTAL REVENUE $643,988

Expense Breakdown

Grants Paid $0

Salaries & Benefits $406,320

Fundraising Expenses $0

Program Expenses $736,498

Other Expenses $330,178

TOTAL EXPENSES $736,498

Year-over-Year Comparison

	2018	2017	Change
Revenue	$643,988	$696,317	-0.1%
Expenses	$736,498	$1,157,152	-0.4%
Net Income	$-92,510	$-460,835	-0.8%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

N/A

Employees

Volunteers

157

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

$961,176

Total Directors

$1,915,480

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID KANSAS	TRUSTEE/CHAIR	1.00	Officer Director	$0	$47,772	$579,361
MORRIS GOODWIN JR	TRUSTEE/TREASURER	1.00	Officer Director	$0	$18,163	$381,815
NICHOLAS KEREAKOS	TRUSTEE	1.00	Director	$0	$22,391	$332,700
JOHN KAVANAGH	TRUSTEE	1.00	Director	$0	$16,708	$171,318
TIMOTHY ROESLER	TRUSTEE	1.00	Director	$0	$45,398	$450,286

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
2019	$643,988	$736,498	$560	$-92,510
2018	$696,317	$1,157,152	$888,822	$-460,835