The Rees Theatre Inc (EIN 823021665) - Form 990 Financial Analysis & Trantor Score

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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

2017

Legal Domicile

Principal Officer

Patricia Popa

Phone

5743377337

Tax Period

2024-01-01 to 2024-12-31

The Rees Theatre Inc, founded in 2017, is a small nonprofit in the Community Improvement sector that reported $421K in total revenue in fiscal year 2024. The organization ran a surplus of $94K, a strong 22% operating margin.

Mission

The REES Theatre Inc.s mission is to restore maintain and operate the historic Rees Theatre as an arts cultural and educational resource for the use and benefit of the community. In late 2022 the organization completed the final phase of its renovation and restoration of the theatre building and opened to the public. 2024 marked The REES Theatres second full year of operation as a center for arts education and culture.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $301,925

Program Service Revenue $116,536

Investment Income $131

Other Revenue $2,366

TOTAL REVENUE $420,958

Expense Breakdown

Grants Paid $0

Salaries & Benefits $116,378

Fundraising Expenses $0

Program Expenses $209,423

Other Expenses $210,735

TOTAL EXPENSES $327,113

Year-over-Year Comparison

	2024	2023	Change
Revenue	$420,958	$416,445	+0.0%
Expenses	$327,113	$368,533	-0.1%
Net Income	$93,845	$47,912	+1.0%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Randall Danielson	President Board of Directors	40.00	Officer Director	$0	$0	$0
Donna Pontius	Director	40.00	Director	$0	$0	$0
Linda Starr	Secretary Board of Directors	10.00	Officer Director	$0	$0	$0
Don Wendel	Director	40.00	Director	$0	$0	$0
Brian Montgomery	Director	10.00	Director	$0	$0	$0
Morgan Garrison	Director	10.00	Director	$0	$0	$0
Daniel Flynn	Treasurer Board of Directors	10.00	Officer 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
2024	$420,958	$327,113	$4,285,491	$93,845
2023	$416,445	$368,533	$4,400,391	$47,912
2022	$1,273,881	$2,714,186	$2,108,799	$-1,440,305
2021	$1,183,545	$824,359	$3,030,437	$359,186
2020	$378,144	$782,892	$1,222,437	$-404,748

The Rees Theatre Inc