Civic Intelligence

Theater Arts Group

EIN 01-0790552 • 501(c)3 • Los Angeles, CA

Profile

The theater arts group was formed to support the american cinematheque, an organization described in internal revenue service code sections 501(c)(3) and 170(b)(1)(a)(vi), organized to ensure public access to local, national and international cinemas, which are otherwise unavailable and are of historical or educational importance to the community.

1604 N Cahuenga ALos Angeles, CA 90028

www.americancinematheque.com &www.aerotheatre.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

33rd percentile

-7.6%

Higher net margin than 33% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

44th percentile

-5.6%

Faster asset growth than 44% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

56th percentile

3.0%

Faster revenue growth than 56% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$358,803

Down $21,218 (-5.6%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$358,803

Down $21,218 (-5.6%) from 2023

Revenue

Up

$278,226

Up $8,104 (+3.0%) from 2023

Expenses

Up

$299,444

Up $44,829 (+18%) from 2023

Net Income

Down

-$21,218

Down $36,725 (-237%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0-$500K-$1.0MAssets 2011: $342,030Liabilities 2011: $0Net Assets 2011: $342,0302011Assets 2012: $341,934Liabilities 2012: $0Net Assets 2012: $341,9342012Assets 2013: $341,911Liabilities 2013: $0Net Assets 2013: $341,9112013Assets 2014: $341,928Liabilities 2014: $1,667Net Assets 2014: $340,2612014Assets 2015: $341,854Liabilities 2015: $0Net Assets 2015: $341,8512015Assets 2016: $331,278Liabilities 2016: $0Net Assets 2016: $331,2782016Assets 2017: $20,731Liabilities 2017: $558,735Net Assets 2017: -$538,0042017Assets 2018: $358,983Liabilities 2018: $0Net Assets 2018: $358,9832018Assets 2019: $359,568Liabilities 2019: $0Net Assets 2019: $359,5682019Assets 2020: $357,513Liabilities 2020: $0Net Assets 2020: $357,5132020Assets 2021: $357,513Liabilities 2021: $0Net Assets 2021: $357,5132021Assets 2022: $365,151Liabilities 2022: $637Net Assets 2022: $364,5142022Assets 2023: $380,021Liabilities 2023: $0Net Assets 2023: $380,0212023Assets 2024: $358,803Liabilities 2024: $0Net Assets 2024: $358,8032024

Highlighted filing

2024

Assets$358,803
Liabilities$0
Net Assets$358,803

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$200K$0-$200K-$400KRevenue 2011: $200,000Expenses 2011: $200,000Net Income 2011: $02011Revenue 2012: $200,000Expenses 2012: $200,096Net Income 2012: -$962012Revenue 2013: $200,000Expenses 2013: $200,023Net Income 2013: -$232013Revenue 2014: $221,846Expenses 2014: $223,495Net Income 2014: -$1,6492014Revenue 2015: $221,667Expenses 2015: $220,074Net Income 2015: $1,5932015Revenue 2016: $176,000Expenses 2016: $186,575Net Income 2016: -$10,5752016Revenue 2017: $0Expenses 2017: $220,355Net Income 2017: -$220,3552017Revenue 2018: $220,000Expenses 2018: $220,590Net Income 2018: -$5902018Revenue 2019: $240,600Expenses 2019: $240,015Net Income 2019: $5852019Revenue 2020: $144,200Expenses 2020: $146,255Net Income 2020: -$2,0552020Revenue 2021: $212,180Expenses 2021: $212,180Net Income 2021: $02021Revenue 2022: $261,617Expenses 2022: $254,616Net Income 2022: $7,0012022Revenue 2023: $270,122Expenses 2023: $254,615Net Income 2023: $15,5072023Revenue 2024: $278,226Expenses 2024: $299,444Net Income 2024: -$21,2182024

Highlighted filing

2024

Revenue$278,226
Expenses$299,444
Net Income-$21,218

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.59$0.00$3.59$2.78$2.99$0.21
2023Detailed filing. Detailed filing data is available for this year.$3.80$0.00$3.80$2.70$2.55$0.16
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.65$0.01$3.65$2.62$2.55$0.07
2021Detailed filing. Detailed filing data is available for this year.$3.58$0.00$3.58$2.12$2.12$0.00
2020Detailed filing. Detailed filing data is available for this year.$3.58$0.00$3.58$1.44$1.46$0.02
2019Detailed filing. Detailed filing data is available for this year.$3.60$0.00$3.60$2.41$2.40$0.01
2018Detailed filing. Detailed filing data is available for this year.$3.59$0.00$3.59$2.20$2.21$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.21$5.59$5.38$0.00$2.20$2.20
2016Summary only. Only limited summary data is available for this year.$3.31$0.00$3.31$1.76$1.87$0.11
2015Summary only. Only limited summary data is available for this year.$3.42$0.00$3.42$2.22$2.20$0.02
2014Summary only. Only limited summary data is available for this year.$3.42$0.02$3.40$2.22$2.23$0.02
2013Summary only. Only limited summary data is available for this year.$3.42$0.00$3.42$2.00$2.00$0.00
2012Summary only. Only limited summary data is available for this year.$3.42$0.00$3.42$2.00$2.00$0.00
2011Summary only. Only limited summary data is available for this year.$3.42$0.00$3.42$2.00$2.00$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Aug 15, 2025
Return Version
2023v6.0
Gross Receipts
$278,226
Mission and Program Overview

Mission

The theater arts group was formed to support the american cinematheque, an organization described in internal revenue service code sections 501(c)(3) and 170(b)(1)(a)(vi), organized to ensure public access to local, national and international cinemas, which are otherwise unavailable and are of historical or educational importance to the community.

The theater arts group was formed to support the american cinematheque.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$29,086--
Cash and Non-Interest-Bearing Accounts$12,804$3,488▼ $9,316
Total Assets$380,021$358,803▼ $21,218
Other Assets Total$338,131$355,315▲ $17,184
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$380,021$358,803▼ $21,218
Total Net Assets Fund Balance$380,021$358,803▼ $21,218
Total Liabilities and Net Assets / Fund Balance$380,021$358,803▼ $21,218

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$355,315--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Ken SchererExecutive Director$106,827$106,827

Board Members and Trustees

NameTitle
Mark BadagliaccaPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$278,226
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-21,218
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$299,444
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$299,444--$299,444
Total Functional Expenses$299,444$0$0$299,444
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Citrin cooperman was hired to manage the accounting duties of the organization.

Form 990, Part VI, Section A, Line 8B

This question is not applicable since the organization does not have a committee with the authority to act on behalf of the board.

Form 990, Part VI, Section B, Line 11B

The final form 990 is e-mailed to all board members before it is filed.

Form 990, Part VI, Section B, Line 12C

Bi-annually, a conflict of interest questionnaire is given to board mebmers for signature. If a conflict should arise, it is presented to the board for further action.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Theater Arts Group
EIN
01-0790552
Phone
3234612020
Address
1604 N CAHUENGA A, LOS ANGELES, CA 90028

Signing Officer

Name
Ken Scherer
Title
Executive Director
Phone
3234612020
Signed
2025-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ken Scherer
Formed
2003
Legal Domicile
CA
Voting Board Members
1
Independent Board Members
1
Employees
0
Volunteers
1

Preparer

Firm
Green Hasson & Janks Llp
Address
700 S FLOWER STREET SUITE 3300, LOS ANGELES, CA 90017
Preparer
Lizbeth G Nevarez
Phone
3108731600
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

No processes have changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

Theater arts group recognizes the impact of tax positions in the financial statements if that position is more likely than not to be sustained on audit, based on the technical merits of the position. During the year ended september 30, 2024, tag performed an evaluation of uncertain tax positions and did not note any matters that would require recognition in the financial statements or which might have an effect on its tax-exempt status.

Raw XML Appendix325 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/ActivityOrMissionDesc0THE THEATER ARTS GROUP WAS FORMED TO SUPPORT THE AMERICAN CINEMATHEQUE.
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IRS990/Desc0THE THEATRE ARTS GROUP PROVIDES A STATE-OF-THE-ART THEATRE IN SANTA MONICA, CA, TO THE AMERICAN CINEMATHEQUE FOR ITS EXEMPT PURPOSES. THE ORGANIZATION ENTERED INTO A LEASE WITH A PARTY UNRELATED TO THE ORGANIZATION OR ANY OFFICER OR DIRECTOR OF THE ORGANIZATION FOR THIS THEATRE FACILITY IN SANTA MONICA.THE AMERICAN CINEMATHEQUE WAS CREATED TO (1) HONOR AND PROMOTE AMERICA'S INDIGENOUS ART FORM, THE MOVING PICTURE; (2) PRESENT THE FULL RANGE OF CINEMA, NOT OTHERWISE AVAILABLE, TO THE WIDEST POSSIBLE AUDIENCE; (3) ESTABLISH A FORUM FOR AN ONGOING DIALOGUE BETWEEN FILMMAKERS AND FILM-GOERS; (4) PROVIDE HIGH-PROFILE EXHIBITION FACILITIES FOR OTHER INDEPENDENT FILM ORGANIZATIONS; AND (5) ENCOURAGE AND SUPPORT NEW TALENT BY PROVIDING A SHOWCASE FOR THEIR WORK.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
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IRS990/Form990ProvidedToGvrnBodyInd01
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THEATER ARTS GROUP RECOGNIZES THE IMPACT OF TAX POSITIONS IN THE FINANCIAL STATEMENTS IF THAT POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. DURING THE YEAR ENDED SEPTEMBER 30, 2024, TAG PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AND DID NOT NOTE ANY MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR WHICH MIGHT HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990/ScheduleJRequiredInd00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CITRIN COOPERMAN WAS HIRED TO MANAGE THE ACCOUNTING DUTIES OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THIS QUESTION IS NOT APPLICABLE SINCE THE ORGANIZATION DOES NOT HAVE A COMMITTEE WITH THE AUTHORITY TO ACT ON BEHALF OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FINAL FORM 990 IS E-MAILED TO ALL BOARD MEMBERS BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BI-ANNUALLY, A CONFLICT OF INTEREST QUESTIONNAIRE IS GIVEN TO BOARD MEBMERS FOR SIGNATURE. IF A CONFLICT SHOULD ARISE, IT IS PRESENTED TO THE BOARD FOR FURTHER ACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NO PROCESSES HAVE CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KEN SCHERER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03234612020
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-15
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ReturnHeader/Filer/EIN0010790552
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ReturnHeader/PreparerPersonGrp/PreparationDt02025-08-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LIZBETH G NEVAREZ
ReturnHeader/ReturnTs02025-08-15T15:35:12-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-10-01
ReturnHeader/TaxPeriodEndDt02024-09-30
ReturnHeader/TaxYr02023

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