Friends of River Oaks Theatre Inc

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2022

Legal Domicile

Principal Officer

Maureen C McNamara

Phone

7138260227

Tax Period

2024-01-01 to 2024-12-31

Friends of River Oaks Theatre Inc, founded in 2022, is a small nonprofit in the Arts, Culture & Humanities sector that reported $260K in total revenue in fiscal year 2024. Revenue surged 155% from the prior year, signaling strong growth momentum. Expenses of $227K left a modest 13% surplus.

Mission

Friends of River Oaks Theatre, Inc., dba Arthouse Houston, is a community-based nonprofit dedicated to joyously enriching and preserving Houstons artistic film community and arthouse spaces. This mission is furthered by improving accessibility to arts and cinema through programming, public outreach, partnerships, and education for the benefit of our vibrant, diverse community.

Program Service Accomplishments

Program 1

Expenses: $79,781 Revenue: $40,746

Outreach & Education: Dedicated to facilitating art and the historic River Oaks Theatre through Outreach and Educational programming, such as monthly Mobile Movie Palace screening events, with...

Outreach & Education: Dedicated to facilitating art and the historic River Oaks Theatre through Outreach and Educational programming, such as monthly Mobile Movie Palace screening events, with interdisciplinary artistic performances and educational opportunities, Big Picture Series, Art in the Arthouse and podcast, featuring discussions spanning the many areas of film and highlighting local programming and festivals.

Program 2

Expenses: $55,163

Historic Preservation Efforts: Work to preserve the River Oaks Theatre by acquiring historic photos and architectural plans, filing for historic designation, and spreading awareness of the theatre...

Historic Preservation Efforts: Work to preserve the River Oaks Theatre by acquiring historic photos and architectural plans, filing for historic designation, and spreading awareness of the theatre through outreach efforts

Program 3

Expenses: $47,337

Original artists' work in support of the theatre: Work with local artists on varied projects: Mobile Movie Palace Art Car, an art piece and a functioning film venue, and Cinema Revival documentary...

Original artists' work in support of the theatre: Work with local artists on varied projects: Mobile Movie Palace Art Car, an art piece and a functioning film venue, and Cinema Revival documentary about a community saving the last historic arthouse theatre in Houston, TX.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $219,721

Program Service Revenue $40,746

Investment Income $867

Other Revenue $-1,663

TOTAL REVENUE $259,671

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $991

Program Expenses $182,281

Other Expenses $227,198

TOTAL EXPENSES $227,198

Year-over-Year Comparison

	2024	2023	Change
Revenue	$259,671	$101,782	+1.6%
Expenses	$227,198	$94,667	+1.4%
Net Income	$32,473	$7,115	+3.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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
Maureen McNamara	President & CEO	40.00	Officer Director	$0	$0	$0
Johnny So	Treasurer	5.00	Officer Director	$0	$0	$0
Ian Druke	Secretary	10.00	Officer Director	$0	$0	$0
Omar Khan	Director	2.00	Director	$0	$0	$0
Richard linklater	Director	2.00	Director	$0	$0	$0
Michelle Mower	Director	10.00	Director	$0	$0	$0
Nuri Nuri	Director	2.00	Director	$0	$0	$0
Emanuel Osei-Koffuur	Director	2.00	Director	$0	$0	$0
Camilo Parra	Director	2.00	Director	$0	$0	$0
Paul Richardson	Director	2.00	Director	$0	$0	$0
Taylor Smith	Secretary	10.00	Officer Director	$0	$0	$0
Justice Tirapelli-Jamail	Director	2.00	Director	$0	$0	$0
Rhonda Cook	Director	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	No data	No data	No data	No data
2024	$259,671	$227,198	$81,250	$32,473