LEVELLAND WALLACE THEATER

EIN: 474633578 501(c)(3) Arts, Culture & Humanities

LEVELLAND, TX

Total Revenue
$1,712,968
Total Expenses
$291,561
Total Assets
$4,931,806
Net Assets
$4,377,732
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
TX
Phone
8068941273
Tax Period
2024-01-01 to 2024-12-31

LEVELLAND WALLACE THEATER, founded in 2016, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.7M in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. The organization ran a surplus of $1.4M, a strong 83% operating margin.

Mission

RESTORATION AND RENOVATION OF THE WALLACE THEATER; TO BECOME THE PREMIERE CINEMA AND LIVE PERFORMANCE VENUE IN WEST TEXAS.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,634,858
Program Service Revenue $46,501
Investment Income $19,564
Other Revenue $12,045
TOTAL REVENUE $1,712,968

Expense Breakdown

Grants Paid $0
Salaries & Benefits $153,174
Fundraising Expenses $101,400
Program Expenses $138,972
Other Expenses $138,387
TOTAL EXPENSES $291,561

Year-over-Year Comparison

2024 2023 Change
Revenue $1,712,968 $2,077,362 -0.2%
Expenses $291,561 $375,933 -0.2%
Net Income $1,421,407 $1,701,429 -0.2%
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

Sign In

Governance

Voting Members
16
Independent Members
15
Employees
6
Volunteers
N/A

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
4
$0
Total Directors
16
$0
Key Employees
1
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TANIA MOODY PRESIDENT 5.00
Officer Director
$0 $0 $0
DENVER BRUNER VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
SARAH OSBURN TREASURER 5.00
Officer Director
$0 $0 $0
IRIS KEELING EX-OFFICIO 5.00
Director
$0 $0 $0
LORIE MARQUEZ SECRETARY 5.00
Officer Director
$0 $0 $0
NICOLE CAMPBELL BOARD MEMBER 5.00
Director
$0 $0 $0
MEG SLATER BOARD MEMBER 5.00
Director
$0 $0 $0
TREY SALDANA BOARD MEMBER 5.00
Director
$0 $0 $0
JOE TUBB BOARD MEMBER 5.00
Director
$0 $0 $0
RANDAL RAMIREZ BOARD MEMBER 5.00
Director
$0 $0 $0
CALEB BAKER BOARD MEMBER 5.00
Director
$0 $0 $0
STEVI FOSTER BOARD MEMBER 5.00
Director
$0 $0 $0
PRENTICE FRED BOARD MEMBER 5.00
Director
$0 $0 $0
REBECCA MACHA BOARD MEMBER 5.00
Director
$0 $0 $0
BILLON PALMER-WEBB BOARD MEMBER 5.00
Director
$0 $0 $0
LEEANN PAXTON BOARD MEMBER 5.00
Director
$0 $0 $0
ALYCYN KEELING EXECUTIVE DIRECTOR 50.00
Key Emp Highest
$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 $1,712,968 $291,561 $4,931,806 $1,421,407
2023 $2,077,362 $375,933 $3,213,652 $1,701,429
2022 $919,720 $262,532 $1,514,281 $657,188
2021 $513,702 $205,216 $853,390 $308,486
2020 $222,529 $117,363 $558,684 $105,166
2019 $130,351 $123,818 $457,373 $6,533
2018 $235,060 $129,396 $444,634 $105,664
Explore More Nonprofits
Top 100 Nonprofits in Texas Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare LEVELLAND WALLACE THEATER with other nonprofits in Texas and across the country.