Civic Intelligence

New Art City Theatre

EIN 92-2945597 • 501(c)3 • Ventura, CA

Profile

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.

PO Box 2880Ventura, CA 93002

www.newartcitytheatre.org

Siviq Scores

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

Liabilities / Assets

80th percentile

0.12x

Higher debt load relative to assets than 80% of similar nonprofits.

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

Liabilities / Revenue

80th percentile

0.06x

Higher debt load relative to revenue than 80% of similar nonprofits.

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

Net Margin

84th percentile

36%

Higher net margin than 84% of similar nonprofits.

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

Top Officer Pay

88th percentile

$23,500

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 6.7% of source-year revenue.

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

Asset Growth

99th percentile

1420%

Faster asset growth than 99% of similar nonprofits.

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

Revenue Growth

97th percentile

347%

Faster revenue growth than 97% of similar nonprofits.

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

Assets

Up

$188,010

Up $175,639 (+1420%) from 2023

Liabilities

$21,736

No earlier filing loaded for comparison.

Net Assets

Up

$166,274

Up $153,903 (+1244%) from 2023

Revenue

Up

$352,132

Up $273,434 (+347%) from 2023

Expenses

Up

$226,229

Up $159,902 (+241%) from 2023

Net Income

Up

$125,903

Up $113,532 (+918%) from 2023

Trend Graphs

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2023: $12,371Net Assets 2023: $12,3712023Assets 2024: $188,010Liabilities 2024: $21,736Net Assets 2024: $166,2742024

Highlighted filing

2024

Assets$188,010
Liabilities$21,736
Net Assets$166,274

Operations Trend

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

$400K$300K$200K$100K$0Revenue 2023: $78,698Expenses 2023: $66,327Net Income 2023: $12,3712023Revenue 2024: $352,132Expenses 2024: $226,229Net Income 2024: $125,9032024

Highlighted filing

2024

Revenue$352,132
Expenses$226,229
Net Income$125,903

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Aug 12, 2025
Return Version
2023v6.0
Gross Receipts
$352,132
Mission and Program Overview

Mission

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable-$162,513-
Cash and Non-Interest-Bearing Accounts$12,371$23,113▲ $10,742
Prepaid Expenses and Deferred Charges-$2,368-
Inventories for Sale or Use-$16-
Total Assets$12,371$188,010▲ $175,639
Liabilities
Deferred Revenue-$16,937-
Accounts Payable and Accrued Expenses-$4,799-
Total Liabilities$0$21,736▲ $21,736
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$12,371$166,274▲ $153,903
Total Net Assets Fund Balance$12,371$166,274▲ $153,903
Total Liabilities and Net Assets / Fund Balance$12,371$188,010▲ $175,639
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Beverly WardFounder/artiFT$23,500$23,500
Kirby WardFounder/artiFT$23,500$23,500

Board Members and Trustees

NameTitle
Neal LassilaPresident
Anne Paul KingMember at La
Judith Y RussoSecretary
Sandra M LassilaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$324,848
Program Service Revenue
$4,250
Investment Income
$0
Other Revenue
$23,034
All Other Contributions
$324,848
Change in Net Assets
$125,903
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$115,063
Other Expenses$111,166
Total Fundraising Expense$2,422
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$19,921$36,750-$56,671
Current Officers, Directors, Trustees, and Key Employees$47,000--$47,000
Fees for Services Other$25,346$225$1,750$27,321
Occupancy$20,815--$20,815
Advertising$9,678$2,734-$12,412
Travel$10,412-$290$10,702
Fees for Services Legal-$9,100-$9,100
Fees for Services Accounting-$7,493-$7,493
Payroll Taxes$4,304$2,318-$6,622
Other Employee Benefits$3,759--$3,759
Insurance-$3,661-$3,661
Office Expenses$1,419$638$125$2,182
Pension Plan Contributions$1,011--$1,011
All Other Expenses$482$107$257$846
Other Expenses$300$1,179-$300
Total Functional Expenses$145,023$78,784$2,422$226,229
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$13,854
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
James WardSonWebsite DesignNo$550
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
Yes
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
Yes
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, Page 6, Part VI, Line 2

Kirby ward beverly ward co-prod exec v president family sandra lassila neal lassila treasurer president family

Form 990, Page 6, Part VI, Line 11B

Each member of the board receives a copy of the 990 prior to filing. After review, a board vote is taken to approve the filing of the form with the irs, either in-person at a regular meeting, or via email.

Form 990, Page 6, Part VI, Line 12C

All persons serving on the board are subject to the terms of the company conflict of interest policy. Should a potential conflict of interest arise, forms are presented by members who may have a conflict at board meetings. At that time, the conflict is assessed by all members who are not the interested party and not related to the interested party. Should the board determine a conflict does exist, a vote is taken to approve any activity or transaction related to the conflict and the interested party must recuse themself from any vote concerning the potential conflict.

Form 990, Page 6, Part VI, Line 15A

Salaries for the two full-time positions of co-producing executive/artistic directors are voted on by the board when the annual budget is adopted. The salaries are based on compensation levels for other non-profit leaders in southern california as well as salaries for leadership positions at other u.s. Theatre companies, as reported by theatre communications group.

Form 990, Page 6, Part VI, Line 15B

Salaries for the two full-time positions of co-producing executive/artistic directors are voted on by the board when the annual budget is adopted. The salaries are based on compensation levels for other non-profit leaders in southern california as well as salaries for leadership positions at other u.s. Theatre companies, as reported by theatre communications group.

Form 990, Page 6, Part VI, Line 19

Documents are made available by request.

Filing and Contact Details

Filer

Filer Name
New Art City Theatre
EIN
92-2945597
Phone
2034346119
Address
PO BOX 2880, VENTURA, CA 93002

Signing Officer

Name
Beverly Ward
Title
Founder/artistic Director
Phone
2034346119
Signed
2025-08-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Beverly Ward
Formed
2023
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
4
Employees
0
Volunteers
74

Preparer

Firm
Feddersen & Company Llp
Address
28632 ROADSIDE DR STE 265, AGOURA HILLS, CA 91301
Preparer
Joy a Buller
Phone
8187074111
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

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.

Form 990, Part IX, Line 11G

Artist honorarium 1,900 0 0 development-videography 0 0 1,750 creative-director/choreograph 4,000 0 0 creative-musicians 1,350 0 0 creative-musical director 1,350 0 0 creative-sound designer 3,672 0 0 creative-writer stipends 4,000 0 0 production-audio engineer 1,500 0 0 production assistant 660 0 0 production manager 2,500 0 0 events-artist honorarium 300 0 0 events-audio engineer 700 0 0 events-crew 604 0 0 events-music director 630 0 0 events-musicians 1,280 0 0 events-performers 550 0 0 events-sound designer 350 0 0 consulting fees 0 225 0 total 25,346 225 1,750

Form 990, Part XI, Line 9

Change to accrual basis 28,000

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IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1KIRBY WARD BEVERLY WARD CO-PROD EXEC V PRESIDENT FAMILY SANDRA LASSILA NEAL LASSILA TREASURER PRESIDENT FAMILY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH MEMBER OF THE BOARD RECEIVES A COPY OF THE 990 PRIOR TO FILING. AFTER REVIEW, A BOARD VOTE IS TAKEN TO APPROVE THE FILING OF THE FORM WITH THE IRS, EITHER IN-PERSON AT A REGULAR MEETING, OR VIA EMAIL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL PERSONS SERVING ON THE BOARD ARE SUBJECT TO THE TERMS OF THE COMPANY CONFLICT OF INTEREST POLICY. SHOULD A POTENTIAL CONFLICT OF INTEREST ARISE, FORMS ARE PRESENTED BY MEMBERS WHO MAY HAVE A CONFLICT AT BOARD MEETINGS. AT THAT TIME, THE CONFLICT IS ASSESSED BY ALL MEMBERS WHO ARE NOT THE INTERESTED PARTY AND NOT RELATED TO THE INTERESTED PARTY. SHOULD THE BOARD DETERMINE A CONFLICT DOES EXIST, A VOTE IS TAKEN TO APPROVE ANY ACTIVITY OR TRANSACTION RELATED TO THE CONFLICT AND THE INTERESTED PARTY MUST RECUSE THEMSELF FROM ANY VOTE CONCERNING THE POTENTIAL CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SALARIES FOR THE TWO FULL-TIME POSITIONS OF CO-PRODUCING EXECUTIVE/ARTISTIC DIRECTORS ARE VOTED ON BY THE BOARD WHEN THE ANNUAL BUDGET IS ADOPTED. THE SALARIES ARE BASED ON COMPENSATION LEVELS FOR OTHER NON-PROFIT LEADERS IN SOUTHERN CALIFORNIA AS WELL AS SALARIES FOR LEADERSHIP POSITIONS AT OTHER U.S. THEATRE COMPANIES, AS REPORTED BY THEATRE COMMUNICATIONS GROUP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SALARIES FOR THE TWO FULL-TIME POSITIONS OF CO-PRODUCING EXECUTIVE/ARTISTIC DIRECTORS ARE VOTED ON BY THE BOARD WHEN THE ANNUAL BUDGET IS ADOPTED. THE SALARIES ARE BASED ON COMPENSATION LEVELS FOR OTHER NON-PROFIT LEADERS IN SOUTHERN CALIFORNIA AS WELL AS SALARIES FOR LEADERSHIP POSITIONS AT OTHER U.S. THEATRE COMPANIES, AS REPORTED BY THEATRE COMMUNICATIONS GROUP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DOCUMENTS ARE MADE AVAILABLE BY REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ARTIST HONORARIUM 1,900 0 0 DEVELOPMENT-VIDEOGRAPHY 0 0 1,750 CREATIVE-DIRECTOR/CHOREOGRAPH 4,000 0 0 CREATIVE-MUSICIANS 1,350 0 0 CREATIVE-MUSICAL DIRECTOR 1,350 0 0 CREATIVE-SOUND DESIGNER 3,672 0 0 CREATIVE-WRITER STIPENDS 4,000 0 0 PRODUCTION-AUDIO ENGINEER 1,500 0 0 PRODUCTION ASSISTANT 660 0 0 PRODUCTION MANAGER 2,500 0 0 EVENTS-ARTIST HONORARIUM 300 0 0 EVENTS-AUDIO ENGINEER 700 0 0 EVENTS-CREW 604 0 0 EVENTS-MUSIC DIRECTOR 630 0 0 EVENTS-MUSICIANS 1,280 0 0 EVENTS-PERFORMERS 550 0 0 EVENTS-SOUND DESIGNER 350 0 0 CONSULTING FEES 0 225 0 TOTAL 25,346 225 1,750
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8CHANGE TO ACCRUAL BASIS 28,000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt012371
IRS990/TotalAssetsEOYAmt0188010
IRS990/TotalAssetsGrp/BOYAmt012371
IRS990/TotalAssetsGrp/EOYAmt0188010
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0324848
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt02422
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt078784
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0145023
IRS990/TotalFunctionalExpensesGrp/TotalAmt0226229
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt021736
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt021736
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt012371
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0166274
IRS990/TotalProgramServiceExpensesAmt0145023
IRS990/TotalProgramServiceRevenueAmt04250
IRS990/TotalReportableCompFromOrgAmt047000
IRS990/TotalRevenueGrp/ExclusionAmt013430
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0352132
IRS990/TotalVolunteersCnt074
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt012371
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0188010
IRS990/TravelGrp/FundraisingAmt0290
IRS990/TravelGrp/ProgramServicesAmt010412
IRS990/TravelGrp/TotalAmt010702
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.NEWARTCITYTHEATRE.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BEVERLY WARD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0FOUNDER/ARTISTIC DIR
ReturnHeader/BusinessOfficerGrp/PhoneNum02034346119
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEW ART CITY THEATRE
ReturnHeader/Filer/BusinessNameControlTxt0NEWA
ReturnHeader/Filer/EIN0922945597
ReturnHeader/Filer/PhoneNum02034346119
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 2880
ReturnHeader/Filer/USAddress/CityNm0VENTURA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd093002
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0953239468
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FEDDERSEN & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt028632 ROADSIDE DR STE 265
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AGOURA HILLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091301
ReturnHeader/PreparerPersonGrp/PhoneNum08187074111
ReturnHeader/PreparerPersonGrp/PreparationDt02025-08-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOY A BULLER
ReturnHeader/ReturnTs02025-08-15T17:12:20-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-10-01
ReturnHeader/TaxPeriodEndDt02024-09-30
ReturnHeader/TaxYr02023

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