Friends of the Cultural Center Inc

EIN: 952834871 501(c)(3) Arts, Culture & Humanities

Palm Desert, CA

Total Revenue
$23,336,190
Total Expenses
$18,829,170
Total Assets
$62,867,475
Net Assets
$49,887,192
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
CA
Principal Officer
Garry C Kief
Phone
7603466505
Tax Period
2023-08-01 to 2024-07-31

Friends of the Cultural Center Inc, founded in 1973, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $23.3M in total revenue in fiscal year 2023. Revenue surged 20% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.5M, a strong 19% operating margin.

Mission

The McCallum Theatre's mission is to entertain and educate the public by offering a variety of performing arts experiences that reflect the diversity of people, interests, and tastes of the communities and constituents served by the theatre.

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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 (2023)

Revenue Breakdown

Contributions & Grants $11,013,926
Program Service Revenue $10,961,733
Investment Income $1,372,567
Other Revenue $-12,036
TOTAL REVENUE $23,336,190

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,576,606
Fundraising Expenses $2,945,601
Program Expenses $13,147,342
Other Expenses $12,252,564
TOTAL EXPENSES $18,829,170

Year-over-Year Comparison

2023 2022 Change
Revenue $23,336,190 $19,366,765 +0.2%
Expenses $18,829,170 $16,824,752 +0.1%
Net Income $4,507,020 $2,542,013 +0.8%
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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Governance

Voting Members
42
Independent Members
42
Employees
146
Volunteers
150

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
12
$735,506
Total Directors
47
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mitch Gershenfeld Ex-Officio President & CEO 39.00
Officer
$498,573 $0 $498,573
Yvonne Bell VP of Development 40.00
$303,427 $0 $303,427
Robert McConnaughey President 39.00
Officer
$236,933 $0 $236,933
George Syrigos Assoc. VP of Dev. 40.00
$140,233 $0 $140,233
Keith Smith Prod. & Light Dir. 40.00
$136,930 $0 $136,930
Kajsa Thuresson-Frary VP of Education 40.00
$134,442 $0 $134,442
James Anderson A/V Director 40.00
$132,502 $0 $132,502
Eduardo Estrada VP of Operations 40.00
$125,703 $0 $125,703
Thomas Head Assoc. VP of Dev. 40.00
$121,925 $0 $121,925
Garry C Kief Chairman 1.00
Officer Director
$0 $0 $0
Harold Matzner Past Chair Trustee 1.00
Officer Director
$0 $0 $0
G Aubrey Serfling Vice Chair Trustee 1.00
Officer Director
$0 $0 $0
Janet Grove Vice Chair Trustee 1.00
Officer Director
$0 $0 $0
Helene Galen Vice Chair Trustee 1.00
Officer Director
$0 $0 $0
Harold Gershowitz Vice Chair Trustee 1.00
Officer Director
$0 $0 $0
JoAnn McGrath Vice Chair Trustee 1.00
Officer Director
$0 $0 $0
Nancy Croom Vice Chair Trustee 1.00
Officer Director
$0 $0 $0
Ronald Gregoire Treasurer 1.00
Officer Director
$0 $0 $0
Jerome Mathews Secretary 1.00
Officer Director
$0 $0 $0
Mark Adams Trustee 1.00
Director
$0 $0 $0
Don Alexander Trustee 1.00
Director
$0 $0 $0
Diane Anderson Trustee 1.00
Director
$0 $0 $0
Robert Archer Trustee 1.00
Director
$0 $0 $0
Rebecca Benaroya Trustee 1.00
Director
$0 $0 $0
Alan Bender Trustee 1.00
Director
$0 $0 $0
Joyce Brandman Trustee 1.00
Director
$0 $0 $0
Frank Dimick Trustee 1.00
Director
$0 $0 $0
Joy Goldstein Trustee 1.00
Director
$0 $0 $0
Kay Hanson Trustee 1.00
Director
$0 $0 $0
Jan Harnik Trustee 1.00
Director
$0 $0 $0
Patti Hart Trustee 1.00
Director
$0 $0 $0
Mary Lester Trustee 1.00
Director
$0 $0 $0
Henry Levy Trustee 1.00
Director
$0 $0 $0
Donna MacMillan Trustee 1.00
Director
$0 $0 $0
Douglas Martin Trustee 1.00
Director
$0 $0 $0
Dianne Moss Trustee 1.00
Director
$0 $0 $0
Cydney Osterman Trustee 1.00
Director
$0 $0 $0
Carol Probst Trustee 1.00
Director
$0 $0 $0
Michael Rembis Trustee 1.00
Director
$0 $0 $0
Manny Rider Trustee 1.00
Director
$0 $0 $0
Barbara Hankey Rogers Trustee 1.00
Director
$0 $0 $0
Marion Rosenthal Trustee 1.00
Director
$0 $0 $0
Jan Salta Trustee 1.00
Director
$0 $0 $0
Jordan Schnitzer Trustee 1.00
Director
$0 $0 $0
Michael Schreter Trustee 1.00
Director
$0 $0 $0
Maggy Simon Trustee 1.00
Director
$0 $0 $0
Michael V Smith Trustee 1.00
Director
$0 $0 $0
Steven M Sorenson MD Trustee 1.00
Director
$0 $0 $0
Sally St John Trustee 1.00
Director
$0 $0 $0
Robert Stonehill Trustee 1.00
Director
$0 $0 $0
Marjorie Victor Trustee 1.00
Director
$0 $0 $0
Mary Ann Xavier Trustee 1.00
Director
$0 $0 $0
Diane Dykema Ex-Officio Trustee 1.00
Director
$0 $0 $0
Ron Oden Ex-Officio Trustee 1.00
Director
$0 $0 $0
Ruben Perez Ex-Officio Trustee 1.00
Director
$0 $0 $0
Beatriz Gonzalez Ex-Officio Trustee 1.00
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
2024 $23,336,190 $18,829,170 $62,867,475 $4,507,020
2023 $19,366,765 $16,824,752 $57,288,154 $2,542,013
2022 $20,407,526 $14,541,335 $48,047,897 $5,866,191
2021 $9,942,818 $6,008,377 $45,749,727 $3,934,441
2020 $15,409,484 $14,290,415 $39,803,652 $1,119,069
2019 $17,962,029 $14,373,938 $36,775,702 $3,588,091
2018 $17,045,702 $14,801,186 $32,920,376 $2,244,516
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