RICHARDSON CHILDRENS THEATRE INCORPORATED

EIN: 752133774 501(c)(3)

Richardson, TX

Total Revenue
$484,063
Total Expenses
$437,988
Total Assets
$32,436
Net Assets
$32,436
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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
1986
Legal Domicile
TX
Principal Officer
Bob Driegert
Phone
9726905029
Tax Period
2023-09-01 to 2024-08-31

RICHARDSON CHILDRENS THEATRE INCORPORATED, founded in 1986, is a small nonprofit that reported $484K in total revenue in fiscal year 2023. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $438K left a modest 10% surplus.

Mission

RCT is a non profit theater presenting Broadway musicals, classic plays and special presentations each season. RCT's School of Musical Theatre provides year round training in theater arts for youth.

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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 (2023)

Revenue Breakdown

Contributions & Grants $133,418
Program Service Revenue $350,281
Investment Income $364
Other Revenue $0
TOTAL REVENUE $484,063

Expense Breakdown

Grants Paid $0
Salaries & Benefits $58,137
Fundraising Expenses $1,000
Program Expenses $368,837
Other Expenses $379,851
TOTAL EXPENSES $437,988

Year-over-Year Comparison

2023 2022 Change
Revenue $484,063 $403,534 +0.2%
Expenses $437,988 $444,923 0.0%
Net Income $46,075 $-41,389 -2.1%
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

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Governance

Voting Members
10
Independent Members
9
Employees
3
Volunteers
9

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
1
$46,425
Total Directors
10
$46,425
Key Employees
1
$46,425
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Debra Carter Exeuctive Director 40
Officer Director Key Emp Highest
$46,425 $0 $46,425
Bob Drietert President 0
Director
$0 $0 $0
Patty Parker Vice president 0
Director
$0 $0 $0
Catherine Burdette board 0
Director
$0 $0 $0
Beth Kolman board 0
Director
$0 $0 $0
Robin Markussen board 0
Director
$0 $0 $0
Grant Switzer board 0
Director
$0 $0 $0
Vivian Reed board 0
Director
$0 $0 $0
Candace Walder Secretary 0
Director
$0 $0 $0
Glenn Henry Treasurer 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
2025 No data No data No data No data
2024 $484,063 $437,988 $32,436 $46,075
2023 $403,534 $444,923 $47,437 $-41,389
2022 $376,785 $413,874 $71,482 $-37,089
2021 $502,136 $437,297 $142,839 $64,839
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