RITZ COMMUNITY THEATER PROJECT INC DBA WAYNE DENSCH PERFORMING ARTS CENTER

EIN: 593274090 501(c)(3) Arts, Culture & Humanities

SANFORD, FL

Total Revenue
$896,759
Total Expenses
$844,469
Total Assets
$1,378,524
Net Assets
$1,267,952
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
FL
Principal Officer
BRIAN CASEY
Phone
4073218111
Tax Period
2024-07-01 to 2025-06-30

RITZ COMMUNITY THEATER PROJECT INC DBA WAYNE DENSCH PERFORMING ARTS CENTER, founded in 2008, is a small nonprofit in the Arts, Culture & Humanities sector that reported $897K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $844K left a modest 6% surplus.

Mission

TO PRESENT LIVE THEATER IN SANFORD, FLORIDA (AND SURROUNDING COMMUNITIES), OF BOTH PROFESSIONAL AND AMATEUR STATUS TO AFFORD THE CENTRAL FLORIDA POPULATION AN OPPORTUNITY TO SEE FIRST CLASS SHOWS AT REASONABLE COST AND ALSO GIVE AN OPPORTUNITY TO LOCAL TALENT TO PERFORM IN A THEATER ENVIRONMENT.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $88,289
Program Service Revenue $717,988
Investment Income $7,549
Other Revenue $82,933
TOTAL REVENUE $896,759

Expense Breakdown

Grants Paid $0
Salaries & Benefits $119,305
Fundraising Expenses $0
Program Expenses $772,860
Other Expenses $725,164
TOTAL EXPENSES $844,469

Year-over-Year Comparison

2024 2023 Change
Revenue $896,759 $1,018,440 -0.1%
Expenses $844,469 $879,737 0.0%
Net Income $52,290 $138,703 -0.6%
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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
3
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
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHRYN TOWNSEND PRESIDENT 0.00
Officer Director
$0 $0 $0
DERRICK DANIELS VICE PRESIDENT 0.00
Officer Director
$0 $0 $0
ART WOODRUFF SECRETARY 0.00
Officer Director
$0 $0 $0
BRIAN CASEY TREASURER 0.00
Officer Director
$0 $0 $0
DONNA BUNDY DIRECTOR 0.00
Director
$0 $0 $0
SARAH REECE DIRECTOR 0.00
Director
$0 $0 $0
DAVID SCOTT DIRECTOR 0.00
Director
$0 $0 $0
DR STEPHEN GELOVICH DIRECTOR 0.00
Director
$0 $0 $0
TAMARAH CHIRIANI DIRECTOR 0.00
Director
$0 $0 $0
KAREN HERIOT DIRECTOR 0.00
Director
$0 $0 $0
TERI SICILIANO DIRECTOR 0.00
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
2025 $896,759 $844,469 $1,378,524 $52,290
2024 $1,018,440 $879,737 $1,267,559 $138,703
2023 $1,050,239 $702,954 $1,352,153 $347,285
2022 $612,675 $532,229 $997,117 $80,446
2021 $450,081 $469,428 $927,031 $-19,347
2020 $470,333 $447,990 $923,276 $22,343
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