NORTH HOLLYWOOD, CA
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Sign In — Free (10 views/day)WACO THEATER CENTER, founded in 2016, is a small nonprofit in the Arts, Culture & Humanities sector that reported $144K in total revenue in fiscal year 2024. Revenue fell 89% from the prior year — a significant decline worth monitoring. Expenses of $2.0M exceeded revenue, resulting in a 1297% operating deficit.
WACO (WHERE ART CAN OCCUR) THEATER CENTER IS A PERFORMING AND VISUAL ARTS ORGANIZATION THAT PRESENTS, COMMISSIONS AND DEVELOPS ARTISTIC WORKS DEDICATED TO STORIES OF THE AFRICAN DIASPORA. CO-FOUNDED BY RICHARD LAWSON AND TINA KNOWLES, WACO PROVIDES ARTISTS AND YOUNG PEOPLE A PLATFORM TO VOICE AND SHOWCASE THEIR CREATIVITY TO CONNECT AND INSPIRE OTHERS. WACO'S ARTISTIC AND EDUCATION PROGRAMS ARE DRIVEN BY FOUR VALUES. WE CREATE WORK THAT UNAPOLOGETICALLY: CENTERS BLACK ART AND CULTURE FROM A DIASPORIC LENS AND VOICE; INCUBATES AND LAUNCHES NEW CREATIVE IDEAS TO MEMORIALIZE THE PAST AND ENVISION THE FUTURE OF BLACK LIFE; IS COLLABORATIVE AND LEADS WITH AN UBUNTU MINDSET, "I AM, BECAUSE WE ARE- AND SERVES THE NEEDS OF THE COMMUNITY INCLUDING THE SOCIAL, ECONOMIC, AND CIVIC PRIORITIES OF OUR NEIGHBORS AND BLACK LOS ANGELES. NOW IN OUR EIGHTH SEASON, WE HAVE CONTINUED TO ELEVATE AN EMPHASIS ON THE HISTORY OF THE AFRICAN DIASPORA AND CULTURE IN OUR PROGRAMMING. WE FIRMLY BELIEVE IN THE POWER
WACO'S MOST AMBITIOUS PROGRAMMATIC UNDERTAKING OF FY25 WAS THE CONTINUED DEVELOPMENT OF STILL HERE - A DUAL-PLATFORM CREATIVE INTERVENTION THAT EXISTS AT THE INTERSECTION OF ART, ADVOCACY, AND PUBLIC...
WACO'S MOST AMBITIOUS PROGRAMMATIC UNDERTAKING OF FY25 WAS THE CONTINUED DEVELOPMENT OF STILL HERE - A DUAL-PLATFORM CREATIVE INTERVENTION THAT EXISTS AT THE INTERSECTION OF ART, ADVOCACY, AND PUBLIC HEALTH. STILL HERE IS BOTH A WRITTEN PUBLICATION AND A LIVE PERFORMANCE EXPERIENCE, AND TOGETHER THEY FORM A POWERFUL, UNAPOLOGETIC RESPONSE TO ONE OF THE MOST UNDERREPORTED HEALTH CRISES FACING BLACK WOMEN TODAY: THE RISING RATE OF HIV DIAGNOSES IN BLACK COMMUNITIES ACROSS THE COUNTRY. THE STILL HERE MAGAZINE WAS COMPLETED FOR PRINTING DURING THIS FISCAL YEAR - A LANDMARK ACHIEVEMENT REPRESENTING MONTHS OF CREATIVE LABOR AND COMMUNITY COLLABORATION. THE PUBLICATION FEATURES STORIES COMMISSIONED FROM 32 BLACK WOMEN WRITERS, EACH BRINGING A DISTINCT VOICE, PERSPECTIVE, AND LIVED EXPERIENCE TO THE PAGE. THE RESULT IS NOT A CLINICAL HEALTH RESOURCE. IT IS A LIVING DOCUMENT - PART ANTHOLOGY, PART RESOURCE GUIDE, PART LOVE LETTER TO BLACK WOMEN - THAT MEETS READERS WITH HONESTY, DIGNITY, AND CARE. THE MAGAZINE IS DESIGNED TO REDUCE STIGMA, SPARK CONVERSATION, AND AFFIRM THE LIVES OF WOMEN WHO HAVE TOO OFTEN BEEN RENDERED INVISIBLE IN BOTH MAINSTREAM MEDIA AND PUBLIC HEALTH DISCOURSE. ALONGSIDE THE MAGAZINE, THE STILL HERE LIVE EXPERIENCE WAS DEVELOPED FOR THE STAGE - A ONE-OF-A-KIND 360-DEGREE PERFORMANCE THAT FUSES STORYTELLING, VIDEO, MUSIC, AND DANCE INTO AN IMMERSIVE THEATRICAL ENCOUNTER BROUGHT TO LIFE INSIDE A HAIR SALON, ONE OF THE MOST SACRED AND TRUSTED COMMUNAL SPACES IN BLACK WOMEN'S LIVES. A TEAM OF 20 CREATIVE COLLABORATORS - INCLUDING ACTORS, DIRECTORS, A CHOREOGRAPHER, A MULTIMEDIA ARTIST, A HAIR ARTIST, A VISUAL ARTIST, AND A COSTUME DESIGNER - CAME TOGETHER TO BUILD THIS EXPERIENCE FROM THE GROUND UP THROUGH A DEVISED, COHORT-BASED CREATIVE PROCESS. STILL HERE LIVE IS POWERED BY THE VOICES OF LOCAL AND NATIONAL ACTIVISTS AND ADVOCATES WHO REFUSE TO LET THIS CONVERSATION REMAIN IN THE SHADOWS. THE PRODUCTION IS SCHEDULED TO MAKE ITS LOS ANGELES DEBUT IN SEPTEMBER 2025, WITH A NATIONAL TOUR TO BATON ROUGE AND ATLANTA IN 2026 - BRINGING THIS VITAL WORK TO THE COMMUNITIES THAT NEED IT MOST
WACO'S EDUCATION PROGRAM, THE ANGELS AND WARRIORS MENTORSHIP PROGRAM, IS BUILT ON A SIMPLE BUT RADICAL BELIEF: EVERY YOUNG PERSON DESERVES TO BE SEEN, SUPPORTED, AND EQUIPPED TO PURSUE THEIR FULLEST...
WACO'S EDUCATION PROGRAM, THE ANGELS AND WARRIORS MENTORSHIP PROGRAM, IS BUILT ON A SIMPLE BUT RADICAL BELIEF: EVERY YOUNG PERSON DESERVES TO BE SEEN, SUPPORTED, AND EQUIPPED TO PURSUE THEIR FULLEST POTENTIAL. THE PROGRAM PROVIDES COMPREHENSIVE WRAP-AROUND SERVICES DESIGNED TO FACILITATE PERSONAL DEVELOPMENT AND GROWTH FOR YOUNG PEOPLE FROM 8TH GRADE THROUGH COLLEGE - MEETING THEM WHERE THEY ARE AND WALKING ALONGSIDE THEM AS THEY GROW. AT THE CORE OF ANGELS AND WARRIORS IS THE WORK OF HELPING YOUNG PEOPLE IDENTIFY THEIR DREAMS AND THEN BUILDING THE CLARITY, DISCIPLINE, AND SKILL TO ACTUALLY ACHIEVE THEM. THIS IS NOT A PASSIVE PROGRAM. IT IS AN ACTIVE, RELATIONAL INVESTMENT IN THE NEXT GENERATION OF BLACK ARTISTS, LEADERS, AND CHANGE-MAKERS. THROUGH MENTORSHIP, PARTICIPANTS DEVELOP NOT ONLY ARTISTIC SKILLS BUT THE CONFIDENCE AND SELF-AWARENESS TO NAVIGATE THE WORLD ON THEIR OWN TERMS. THE PROGRAM CURRICULUM IS INTENTIONALLY EXPANSIVE - EXTENDING BEYOND CLASSROOM WALLS THROUGH OFF-SITE FIELD TRIPS, HANDS-ON WORKSHOPS, AND MEANINGFUL ENCOUNTERS WITH GUEST ARTISTS. THESE EXPERIENCES EXPOSE YOUNG PEOPLE TO THE FULL BREADTH OF CAREERS AVAILABLE IN THE ARTS WHILE FOSTERING A DEEP APPRECIATION FOR CREATIVE EXPRESSION AS BOTH A PERSONAL AND PROFESSIONAL PATH. ANGELS AND WARRIORS DOESN'T JUST DEVELOP ARTISTS - IT DEVELOPS WHOLE PEOPLE.
AS WACO DEEPENS ITS ROOTS IN LEIMERT PARK AHEAD OF OUR VENUE TRANSITION, OUR COMMUNITY ENGAGEMENT PROGRAM THIS YEAR WAS ANCHORED BY THE OUR VISION PORTRAIT AND ARCHIVE CAMPAIGN - AN EXPANSIVE...
AS WACO DEEPENS ITS ROOTS IN LEIMERT PARK AHEAD OF OUR VENUE TRANSITION, OUR COMMUNITY ENGAGEMENT PROGRAM THIS YEAR WAS ANCHORED BY THE OUR VISION PORTRAIT AND ARCHIVE CAMPAIGN - AN EXPANSIVE, PARTICIPATORY INITIATIVE DEDICATED TO DOCUMENTING THE SPIRIT, FACES, AND STORIES OF THE LEIMERT PARK COMMUNITY IN A PERMANENT, PUBLICLY ACCESSIBLE ARCHIVE. THE CAMPAIGN WAS BUILT ON THE CONVICTION THAT COMMUNITY MEMBERS ARE NOT JUST THE AUDIENCE FOR ART - THEY ARE THE ART ITSELF. EVERY PORTRAIT, EVERY ORAL HISTORY, EVERY PLANNING CONVERSATION WAS AN ACT OF CULTURAL PRESERVATION, ENSURING THAT THE PEOPLE WHO HAVE SHAPED THIS NEIGHBORHOOD ARE SEEN, HONORED, AND REMEMBERED. THE RESULTS SPEAK TO THE DEPTH OF COMMUNITY TRUST AND PARTICIPATION THE CAMPAIGN GENERATED: 135+ PORTRAITS WERE CAPTURED, EACH ONE A TESTAMENT TO THE PRESENCE, BEAUTY, AND RESILIENCE OF LEIMERT PARK'S COMMUNITY MEMBERS. THESE ARE NOT PASSIVE IMAGES - THEY ARE DECLARATIONS OF EXISTENCE, GATHERED WITH INTENTION AND CARE. 60 MINI ORAL HISTORIES WERE COLLECTED THROUGH INTIMATE CONVERSATIONS WITH PARTICIPANTS - PRESERVING PERSONAL NARRATIVES, NEIGHBORHOOD MEMORIES, AND COMMUNITY WISDOM THAT MIGHT OTHERWISE GO UNDOCUMENTED. THE CAMPAIGN WAS GROUNDED IN GENUINE COMMUNITY PROCESS, NOT TOP-DOWN PROGRAMMING. 5 PLANNING MEETINGS WERE HELD WITH COMMUNITY MEMBERS AND PARTNERS TO COLLABORATIVELY GUIDE AND SHAPE THE DIRECTION OF THE INITIATIVE. 2 ORAL HISTORY TABLING SESSIONS WERE HOSTED AT THE BELOVED SUNDAY MARKETPLACE, CREATING LOW-BARRIER, ACCESSIBLE OPPORTUNITIES FOR NEIGHBORS TO SHARE THEIR STORIES ON THEIR OWN TERMS. AND 1 PORTRAIT SHOOT ACTIVATION BROUGHT THE COMMUNITY TOGETHER IN A CELEBRATORY GATHERING WHERE PARTICIPANTS WERE PHOTOGRAPHED AS PART OF BOTH THE EXHIBITION AND THE PERMANENT ARCHIVE. THE CULMINATING EXHIBITION NOW LIVES ON THE OUTDOOR WALLS OF A BUILDING IN LEIMERT PARK - A PUBLIC, PERMANENT INSTALLATION THAT TRANSFORMS THE NEIGHBORHOOD ITSELF INTO A GALLERY. IT IS VISIBLE TO EVERY PERSON WHO WALKS THOSE STREETS, A DAILY REMINDER THAT THIS COMMUNITY'S HISTORY, BEAUTY, AND HUMANITY ARE WORTH DISPLAYING FOR THE WORLD TO SEE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $143,808 | $1,338,003 | -0.9% |
| Expenses | $2,009,512 | $1,981,256 | +0.0% |
| Net Income | $-1,865,704 | $-643,253 | +1.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| RICHARD LAWSON | FORMER OFFIC | 40.00 |
|
$125,000 | $0 | $125,000 |
| TINA KNOWLES | PRESIDENT | 40.00 |
Officer
Director
|
$125,000 | $0 | $125,000 |
| ANGELIKI GIANNAKOPOLOUS | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MELBA LFARQUHAR | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| GLYNN TURMAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RALPH FARQUHAR | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN WISEMAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SHAY WAFER | EXECUTIVE DI | 40.00 |
Highest
|
$125,500 | $0 | $125,500 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $143,808 | $2,009,512 | $1,327,376 | $-1,865,704 |
| 2024 | $1,338,003 | $1,981,256 | $3,396,255 | $-643,253 |
| 2023 | $1,866,880 | $3,702,109 | $3,968,946 | $-1,835,229 |
| 2022 | $4,502,178 | $2,849,190 | $5,590,838 | $1,652,988 |
| 2021 | $3,112,232 | $1,847,007 | $4,060,821 | $1,265,225 |
| 2020 | $2,489,860 | $1,592,904 | $2,754,972 | $896,956 |
| 2019 | $1,646,225 | $1,186,937 | $1,780,188 | $459,288 |
| 2018 | $1,467,944 | $922,389 | $1,243,318 | $545,555 |
| 2017 | $773,084 | $319,626 | $715,976 | $453,458 |
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