Palm Springs Plaza Theatre Foundation

EIN: 873813182 501(c)(3) Arts, Culture & Humanities

Palm Springs, CA

Total Revenue
$3,458,056
Total Expenses
$1,139,283
Total Assets
$13,841,029
Net Assets
$13,558,645
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
CA
Principal Officer
JR Roberts
Phone
7602095385
Tax Period
2024-07-01 to 2025-06-30

Palm Springs Plaza Theatre Foundation, founded in 2021, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.5M in total revenue in fiscal year 2024. Revenue surged 132% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.3M, a strong 67% operating margin.

Mission

To establish an endowment through donations, grants, and gifts for the restoration and future maintenance of The Plaza Theatre located in and owned by the City of Palm Springs California. Funds raised will also be used to promote ongoing cultural and recreational services.

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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 $3,439,078
Program Service Revenue $0
Investment Income $40,944
Other Revenue $-21,966
TOTAL REVENUE $3,458,056

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $74,394
Program Expenses $1,009,815
Other Expenses $1,118,682
TOTAL EXPENSES $1,139,283

Year-over-Year Comparison

2024 2023 Change
Revenue $3,458,056 $1,491,901 +1.3%
Expenses $1,139,283 $333,557 +2.4%
Net Income $2,318,773 $1,158,344 +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

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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
N/A
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
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JR Roberts Chairman and President 20.00
Officer Director
$0 $0 $0
Mark Hamilton Treasurer 30.00
Officer Director
$0 $0 $0
Rick Vila Secretary 10.00
Officer Director
$0 $0 $0
Kevin Corcoran Vice President 15.00
Officer Director
$0 $0 $0
Judith Blanchard Board Member 30.00
Director
$0 $0 $0
Sue Steinkamp Board Member 10.00
Director
$0 $0 $0
Alan DeZon Board Member 1.00
Director
$0 $0 $0
Teddy Grouya Board Member 1.00
Director
$0 $0 $0
David C Lee Board Member 1.00
Director
$0 $0 $0
Brian Ray Board Member 1.00
Director
$0 $0 $0
Kathy Weremiuk Board Member 10.00
Director
$0 $0 $0
Carolyn Caldwell Board Member 1.00
Director
$0 $0 $0
Carol Adney Board Member 5.00
Director
$0 $0 $0
Ken Wachter Board Member 1.00
Director
$0 $0 $0
Jim Cook Board Member 5.00
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 $3,458,056 $1,139,283 $13,841,029 $2,318,773
2024 $1,491,901 $333,557 $11,239,872 $1,158,344
2023 $4,653,787 $408,593 $10,081,528 $4,245,194
2022 $5,892,539 $56,205 $5,836,334 $5,836,334
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