Civic Intelligence

Chico Theater Company Inc

EIN 32-0087023 • 501(c)3 • Chico, CA

Profile

To enhance awareness of the importance of live theater in our community and to offer a variety of performing arts experiences to a diverse audience. To promote and foster the performing arts in the Northern California region by presenting programs of professional quality.

166 Eaton Rd FChico, CA 95973

www.chicotheatercompany.com

Siviq Scores

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

Liabilities / Assets

84th percentile

0.43x

Higher debt load relative to assets than 84% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

91st percentile

0.87x

Higher debt load relative to revenue than 91% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

24th percentile

-9.3%

Higher net margin than 24% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

93rd percentile

$138,005

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 33.4% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Asset Growth

29th percentile

-4.6%

Faster asset growth than 29% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

20th percentile

-17%

Faster revenue growth than 20% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Assets

Up

$843,658

Up $15,601 (+1.9%) from 2023

Liabilities

Down

$359,230

Down $19,959 (-5.3%) from 2023

Net Assets

Up

$484,428

Up $35,560 (+7.9%) from 2023

Revenue

Up

$412,854

Up $24,864 (+6.4%) from 2023

Expenses

Up

$451,123

Up $26,258 (+6.2%) from 2023

Net Income

Down

-$38,269

Down $1,394 (-3.8%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0Assets 2014: $142,143Liabilities 2014: $61,113Net Assets 2014: $81,0302014Assets 2015: $134,877Liabilities 2015: $27,970Net Assets 2015: $106,9072015Assets 2016: $750,955Liabilities 2016: $632,916Net Assets 2016: $118,0392016Assets 2017: $775,393Liabilities 2017: $612,042Net Assets 2017: $163,3512017Assets 2018: $794,774Liabilities 2018: $574,211Net Assets 2018: $220,5632018Assets 2020: $787,322Liabilities 2020: $521,233Net Assets 2020: $266,0892020Assets 2021: $740,369Liabilities 2021: $526,589Net Assets 2021: $213,7802021Assets 2022: $885,650Liabilities 2022: $399,907Net Assets 2022: $485,7432022Assets 2023: $828,057Liabilities 2023: $379,189Net Assets 2023: $448,8682023Assets 2025: $843,658Liabilities 2025: $359,230Net Assets 2025: $484,4282025

Highlighted filing

2025

Assets$843,658
Liabilities$359,230
Net Assets$484,428

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2014: $357,391Expenses 2014: $320,530Net Income 2014: $36,8612014Revenue 2015: $358,155Expenses 2015: $332,278Net Income 2015: $25,8772015Revenue 2016: $326,988Expenses 2016: $315,856Net Income 2016: $11,1322016Revenue 2017: $380,265Expenses 2017: $334,953Net Income 2017: $45,3122017Revenue 2018: $397,903Expenses 2018: $341,259Net Income 2018: $56,6442018Revenue 2020: $324,612Expenses 2020: $316,852Net Income 2020: $7,7602020Revenue 2021: $169,047Expenses 2021: $221,356Net Income 2021: -$52,3092021Revenue 2022: $657,736Expenses 2022: $385,773Net Income 2022: $271,9632022Revenue 2023: $387,990Expenses 2023: $424,865Net Income 2023: -$36,8752023Revenue 2025: $412,854Expenses 2025: $451,123Net Income 2025: -$38,2692025

Highlighted filing

2025

Revenue$412,854
Expenses$451,123
Net Income-$38,269

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 25, 2025
Return Version
2024v5.2
Gross Receipts
$416,067
Mission and Program Overview

Mission

To enhance awareness of the importance of live theater in our community and to offer a variety of performing arts experiences to a diverse audience. To promote and foster the performing arts in the Northern California region by presenting programs of professional quality.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$848,205$816,058▼ $32,147
Cash and Non-Interest-Bearing Accounts$23,775$15,083▼ $8,692
Savings and Temporary Cash Investments$10,031$10,008▼ $23
Intangible Assets$2,509$2,509→ $0
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$884,520$843,658▼ $40,862
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$342,190$322,226▼ $19,964
Other Liabilities$1,128$28,119▲ $26,991
Accounts Payable and Accrued Expenses$18,505$8,885▼ $9,620
Total Liabilities$361,823$359,230▼ $2,593
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$522,697$484,428▼ $38,269
Total Net Assets Fund Balance$522,697$484,428▼ $38,269
Total Liabilities and Net Assets / Fund Balance$884,520$843,658▼ $40,862

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$334,184$114,583$448,767
Other Land Buildings$268,535$61,893$330,428
Land$193,508-$193,508
Equipment$9,094$132,019$141,113
Leasehold Improvements$10,737$11,514$22,251
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Marc EdsonExecutive DirectorFT$138,005$138,005
Randy RossDirector-$31,578$31,578
Christi HarringtonDirector-$8,613$8,613
Kathy EdsonDirector-$6,521$6,521
Kasandra PartainVice President-$1,200$1,200

Board Members and Trustees

NameTitle
David BristowPresident
Brandie BridgnellDirector
Byron McLaughlinDirector
Lisa SaldanoDirector
Owen HansenDirector
Sandy HusethDirector
Tamra YoungDirector
Todd GibsonDirector
Wendy BoswellDirector
Regan PenningSecretary
Larissa WycoffTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$83,321
Program Service Revenue
$316,526
Investment Income
$20
Other Revenue
$12,987
All Other Contributions
$83,321
Change in Net Assets
$-38,269
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$231,372
Other Expenses$219,751
Total Fundraising Expense$16,734
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$35,819$100,292$7,164$143,275
Other Salaries and Wages$24,564$36,845-$61,409
Depreciation Depletion$23,816$8,331-$32,147
Royalties$29,303--$29,303
Occupancy$23,230$1,223-$24,453
Fees for Services Other$20,200--$20,200
Interest$16,166$1,551-$17,717
Advertising-$8,786$8,722$17,508
Insurance$3,328$12,304$365$15,997
Payroll Taxes$4,394$9,728$483$14,605
Pension Plan Contributions$4,833$7,250-$12,083
All Other Expenses$2,988$1,903-$4,891
Fees for Services Accounting-$3,884-$3,884
Office Expenses-$3,644-$3,644
Other Expenses$14,250$2,149-$2,149
Travel-$564-$564
Conferences and Meetings-$295-$295
Total Functional Expenses$227,719$206,670$16,734$451,123
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$11,090
Fundraising Direct Expenses$3,213
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
AmEx Line of Credit$30,800
Payroll liabilities$-2,681
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

The Executive Director during 2024, Marc Edson, is married to a Board Director and employee of the organization, Kathy Robinson.

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

An electronic version of the Form 990 and accompanying schedules is sent to all board members for approval prior to filing. Each member is asked to review the Form 990, any comments and proposed amendments are shared with all of the other members.

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

The board of directors and key employees complete the conflict of interest disclosure at the annual board retreat. The disclosures are then reviewed by the directors for any potential conflict of interest. If a conflict is discovered, the directors then decide on the appropriate acction. In addition, if a potential conflict comes to the attention of a director or employee, that person can present the issue to the board at a regular or special meeting.

Form 990, Part VI, Section B, Line 15A

Compensation is determined by the board members after consideration of comparable postitions at other local and regional theaters. It is discussed at a meeting of the finance committee, then presented tot he board for final approval. When the actual vote is held, the indiviual whose compensation is up for vote is not present.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy and financial statements are available by appointment for viewing by the public at the organization's office.

Filing and Contact Details

Filer

Filer Name
Chico Theater Company Inc
EIN
32-0087023
Phone
5308943282
Address
166 Eaton Rd F, Chico, CA 95973

Signing Officer

Name
Owen Hansen
Title
Executive Director
Signed
2025-11-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Bristow
Formed
2003
Legal Domicile
CA
Voting Board Members
15
Independent Board Members
11
Employees
9
Volunteers
125

Preparer

Firm
Merrell Irwin & Associates
Address
3120 Cohasset Rd Suite 8, Chico, CA 95973
Preparer
Jennifer Merrell CPA
Phone
5308938761
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IRS990/MissionDesc0To enhance awareness of the importance of live theater in our community and to offer a variety of performing arts experiences to a diverse audience. To promote and foster the performing arts in the Northern California region by presenting programs of professional quality.
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IRS990/ProgSrvcAccomActy2Grp/Desc0Our Youth Theater programs are typically held during Fall and Spring Semester. Scholarships are provided for any low income child that would have difficulty paying the fee. Many of the children's theater participants also appear in our regular season productions. The organization did not operate this program this year.
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