VENTURA, CA
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Sign In — Free (10 views/day)NEW ART CITY THEATRE, founded in 2023, is a small nonprofit in the Arts, Culture & Humanities sector that reported $331K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $60K, a strong 18% operating margin.
TO FORGE A NEW PATH TO OPPORTUNITY FOR ARTISTS WHO CREATE THEATRE. BY GIVING EQUAL ACCESS TO DIVERSE VOICES, AND INVITING A BROADER AUDIENCE TO JOIN US, WE ASPIRE TO ELEVATE ALL THAT IS COMPELLING ABOUT ORIGINAL THEATRE AND ITS ABILITY TO PROMOTE UNITY, INSPIRE CURIOSITY, AND PROVIDE JOY.
NEW ART CITY THEATRE (NACT) IS AN INCUBATOR OF NEW WORKS FOR THE AMERICAN STAGE. LAUNCHED IN EARLY 2023, THE ARTISTIC AIM IS TO FIND AND DEVELOP PLAYS AND MUSICALS ORIGINATING FROM BOTH EMERGING...
NEW ART CITY THEATRE (NACT) IS AN INCUBATOR OF NEW WORKS FOR THE AMERICAN STAGE. LAUNCHED IN EARLY 2023, THE ARTISTIC AIM IS TO FIND AND DEVELOP PLAYS AND MUSICALS ORIGINATING FROM BOTH EMERGING PLAYWRIGHTS AS WELL AS ESTABLISHED ARTISTS IN THE FIELD. THESE EFFORS AT NACT ARE ROOTED IN COMMUNITY-BUILDING, ENSURING THAT THE EXPERIECE OF ARTIST AND AUDIENCE ARE GIVEN EQUAL CONSIDERATION WHEN THE COMPANY PRODUCES WORK THAT FULFILLS ITS MISSION TO PROMOTE UNITY, INSPIRE CURIOSITY, AND PROVIDE JOY. ORGANIZATIONAL GOALS ARE REACHED THROUGH: -NEW ART CITY THEATRE'S FESTIVAL OF NEW WORKS - AN ANNUAL FOUR-DAY FESTIVAL OF NEW PLAYS AND MUSICALS THAT TAKES PLACE ONCE A YEAR AND PLAYS HOSTS TO WRITERS FROM ACROSS THE NATION. FOR SIX WEEKS EACH YEAR, NACT ACCEPTS SUBMISSIONS OF PLAYS OR MUSICALS FROM WRITERS WHO RESIDE ANYWHERE IN THE USA. EACH SUBMISSION IS ASSESSED BY MULTIPLE READERS AS PART OF A MONTHS- LONG BLIND SCREENING PROCESS REQUIRING THE HELP OF A 40-50 PERSON VOLUNTEER TEAM, ALL OVERSEEN BY THE ARTISTIC LEADERSHIP AT THE COMPANY. AT THE COMPLETION OF THE READING ROUNDS, FOUR NEW PLAYS OR MUSICALS ARE SELECTED TO BE PRESENTED AT THE FESTIVAL. NACT BRINS THE WRITERS TO SOUTHER CALIFORNIA FOR AN INTENSIVE WEEK-LONG RESIDENCY WHERE THEY'RE GIVEN THE RESOURCES OF TIME, SPACE, MATERIALS, PROFESSIONAL ACTORS, AND DIRECTORS. EACH PROJECT IS BROUGHT TO LIFE A PUBLIC STAGED READINGS WHERE TICKETS ARE FREE. AUDIENCE FEEDBACK IS ENCOURAGED AT POST-SHOW TALK BACKS WHERE AUTHORS AND ATTENDEES EXCHANGE IDEAS IN A POSITIVE AND STRUCTURED FORMAT. -IN THE STUDIO SERIES - ADDED TO NACT PROGRAMMING IN 2025, THE IN THE STUDIO READING SERIES IS A COLLABORATION BETWEEN NACT AND STUDIO CHANNEL ISLANDS IN CAMARILLO, CA WHERE WORKS THAT MAY OR MAY NOT HAVE ALREADY BEEN READ AT NACT ARE PRESENT TO ATTENDEES FOR FEEDBACK AT POST-SHOW TALKBACKS. THIS SERIES IS ALSO PRESENTED TO THE COMMUNITY FREE OF CHARGE.
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 | $330,700 | $352,132 | -0.1% |
| Expenses | $270,479 | $226,229 | +0.2% |
| Net Income | $60,221 | $125,903 | -0.5% |
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 |
|---|---|---|---|---|---|---|
| BEVERLY WARD | FOUNDER/V PR | 40.00 |
Officer
Director
|
$50,900 | $0 | $50,900 |
| KIRBY WARD | FOUNDER/ARTI | 40.00 |
Officer
|
$33,650 | $0 | $33,650 |
| ANNE PAUL KING | MEMBER AT LA | 2.00 |
Director
|
$0 | $0 | $0 |
| JEFF LAMBERT | MEMBER AT LA | 2.00 |
Director
|
$0 | $0 | $0 |
| NEAL LASSILA | PRESIDENT | 2.00 |
Director
|
$0 | $0 | $0 |
| SANDRA M LASSILA | TREASURER | 2.00 |
Director
|
$0 | $0 | $0 |
| JUDITH Y RUSSO | SECRETARY | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $330,700 | $270,479 | $235,657 | $60,221 |
| 2024 | $352,132 | $226,229 | $188,010 | $125,903 |
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