Civic Intelligence

Pacific Resident Theatre Ensemble

990 • Fiscal year 2016 • EIN 95-4020232

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 08, 2016

PO Box 568Venice, CA 90294

(310) 822-8392

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

89th percentile

0.46x

Higher debt load relative to assets than 89% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

85th percentile

0.14x

Higher debt load relative to revenue than 85% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

70th percentile

14%

Higher net margin than 70% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

92nd percentile

$51,269

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 10.6% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

91st percentile

102%

Faster asset growth than 91% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

83rd percentile

39%

Faster revenue growth than 83% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$150,524

Up $76,091 (+102%) from 2015

Net Assets

Up

$80,704

Up $63,419 (+367%) from 2015

Liabilities

Up

$69,820

Up $12,672 (+22%) from 2015

Revenue

Up

$481,647

Up $135,559 (+39%) from 2015

Expenses

Up

$414,770

Up $18,253 (+4.6%) from 2015

Net Income

Up

$66,877

Up $117,306 (+233%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $148,802Liabilities 2010: $32,119Net Assets 2010: $116,6832010Assets 2011: $134,876Liabilities 2011: $94,550Net Assets 2011: $40,3262011Assets 2012: $126,242Liabilities 2012: $40,891Net Assets 2012: $85,3512012Assets 2013: $91,743Liabilities 2013: $58,649Net Assets 2013: $33,0942013Assets 2014: $136,781Liabilities 2014: $69,504Net Assets 2014: $67,2772014Assets 2015: $74,433Liabilities 2015: $57,148Net Assets 2015: $17,2852015Assets 2016: $150,524Liabilities 2016: $69,820Net Assets 2016: $80,7042016Assets 2017: $106,842Liabilities 2017: $55,345Net Assets 2017: $51,4972017Assets 2018: $509,883Liabilities 2018: $61,253Net Assets 2018: $448,6302018Assets 2019: $233,777Liabilities 2019: $55,979Net Assets 2019: $177,7982019Assets 2020: $206,087Liabilities 2020: $127,009Net Assets 2020: $79,0782020Assets 2021: $256,596Liabilities 2021: $164,913Net Assets 2021: $91,6832021Assets 2022: $434,690Liabilities 2022: $203,368Net Assets 2022: $231,3222022Assets 2023: $271,938Liabilities 2023: $186,235Net Assets 2023: $85,7032023Assets 2024: $303,236Liabilities 2024: $208,074Net Assets 2024: $95,1622024Assets 2025: $3,296,084Liabilities 2025: $207,041Net Assets 2025: $3,089,0432025

Highlighted filing

2016

Assets$150,524
Liabilities$69,820
Net Assets$80,704

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $405,348Expenses 2010: $397,184Net Income 2010: $8,1642010Expenses 2011: $451,2052011Expenses 2012: $393,6982012Expenses 2013: $404,9472013Revenue 2014: $423,210Expenses 2014: $389,018Net Income 2014: $34,1922014Revenue 2015: $346,088Expenses 2015: $396,517Net Income 2015: -$50,4292015Revenue 2016: $481,647Expenses 2016: $414,770Net Income 2016: $66,8772016Revenue 2017: $374,555Expenses 2017: $404,581Net Income 2017: -$30,0262017Revenue 2018: $855,351Expenses 2018: $455,476Net Income 2018: $399,8752018Revenue 2019: $363,837Expenses 2019: $634,054Net Income 2019: -$270,2172019Revenue 2020: $515,362Expenses 2020: $615,817Net Income 2020: -$100,4552020Revenue 2021: $347,177Expenses 2021: $336,113Net Income 2021: $11,0642021Revenue 2022: $650,253Expenses 2022: $510,883Net Income 2022: $139,3702022Revenue 2023: $357,414Expenses 2023: $502,512Net Income 2023: -$145,0982023Revenue 2024: $527,330Expenses 2024: $519,596Net Income 2024: $7,7342024Revenue 2025: $3,592,190Expenses 2025: $599,488Net Income 2025: $2,992,7022025

Highlighted filing

2016

Revenue$481,647
Expenses$414,770
Net Income$66,877
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 8, 2016
Return Version
2015v2.0
Gross Receipts
$481,647
Mission and Program Overview

Mission

Pacific resident theatre ensemble provides the los angeles area with a resident theater company dedicated to providing programing of the highest quality, presented in a environmental and participative style, in order to entertain, inform and educate our multi cultural community; to rediscover rarely performed classics, and to foster and develop new works through the collaboration of an artistic ensemble influenced by social relevance, past, present and future; to promote the theatre arts by providing opportunities for artists and craftsman to develop and enrich their skills.

To provide programing to entertain, inform and educate our multi cultural community; to rediscover rarely performed classics, and to develop new works influenced by social relevance; to provide opportunities for artists and craftsman to develop and enrich their skills.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$24,167$81,898▲ $57,731
Pledges and Grants Receivable-$16,800-
Land, Buildings, and Equipment, Net$19,565$16,590▼ $2,975
Investments in Publicly Traded Securities$14,512$11,054▼ $3,458
Accounts Receivable$1,978$7,110▲ $5,132
Prepaid Expenses and Deferred Charges$2,211$4,548▲ $2,337
Savings and Temporary Cash Investments-$524-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$74,433$150,524▲ $76,091
Other Assets Total$12,000$12,000→ $0
Liabilities
Deferred Revenue$50,392$62,330▲ $11,938
Accounts Payable and Accrued Expenses$6,756$7,490▲ $734
Total Liabilities$57,148$69,820▲ $12,672
Net Assets / Fund Balance
Unrestricted Net Assets$402$51,443▲ $51,041
Temporarily Rstr Net Assets$16,883$29,261▲ $12,378
Total Net Assets Fund Balance$17,285$80,704▲ $63,419
Total Liabilities and Net Assets / Fund Balance$74,433$150,524▲ $76,091

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$14,805$54,695$69,500
Other Land Buildings$1,785$27,827$29,612
Other Assets Org$12,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Marilyn FoxArtistic DrectrFT$49,477$1,792$51,269
Jennifer LonswayBusiness Mangr.FT$43,758$1,897$45,655
Bruce WhitneyManaging DirectPT$4,362-$4,362

Board Members and Trustees

NameTitle
Michael TulinPresident
Channing ChaseDirector
Tania Gutscheco op rep
Eliane GansCo-vice Pres.
Robin LithgowCo-vice Pres.
Revenue and Support

Revenue Composition

Contributions and Grants
$197,415
Program Service Revenue
$283,316
Investment Income
$102
Other Revenue
$814
All Other Contributions
$197,415
Change in Net Assets
$66,877

Audited Revenue Reconciliation

Revenue per Audited Statements
$481,647
Revenue Not Reported on Form 990
$-518
Total Revenue per Audited Statements
$481,129
Total Revenue per Form 990
$481,647
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$213,100
Salaries, Compensation, and Employee Benefits$200,282
Total Fundraising Expense$26,828
Professional Fundraising Fees$1,388
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$47,052$34,132$17,066$98,250
Other Salaries and Wages$91,374--$91,374
Occupancy$84,104$2,628$877$87,609
Insurance$21,888$5,397$2,697$29,982
All Other Expenses$19,486$4,339$1,105$24,930
Payroll Taxes$7,780$1,918$960$10,658
Other Expenses$6,388$1,575$787$8,750
Fees for Services Accounting-$5,700-$5,700
Fees for Services Management-$5,510-$5,510
Depreciation Depletion$3,456$852$426$4,734
Fees for Services Other$2,500--$2,500
Office Expenses$1,609$397$198$2,204
Fees for Services Professional Fundraising--$1,388$1,388
Travel$834$206$103$1,143
Total Functional Expenses$307,601$80,341$26,828$414,770

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$417,710
Expenses per Audited Statements$414,770
Total Expenses per Form 990$414,770
Expenses Not Reported on Form 990$2,940
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$1,388
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
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, Part VI, Line 11B: Form 990 Review Process

Each board member is emailed a pdf copy of the 990 for review before 990 is filed.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Annually the managing director reviews the conflict of interest policy with board members and obtains a signed disclosure form from each board member.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Independent directors consider salaries for comparable positions when setting compensation. The amount of income of the organization is a constraint on salaries. For these reasons management believes current compensation is at or below market rates for comparable positions.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Independent directors consider salaries for comparable positions when setting compensation. The amount of income of the organization is a constraint on salaries. For these reasons management believes current compensation is at or below market rates for comparable positions.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Made available upon request.

Filing and Contact Details

Filer

Filer Name
Pacific Resident Theatre Ensemble
EIN
95-4020232
Phone
3108228392
Address
PO BOX 568, VENICE, CA 90294

Signing Officer

Name
Bruce Whitney
Title
Managing Director
Signed
2016-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bruce Whitney
Formed
1985
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
5
Employees
11
Volunteers
244

Preparer

Firm
Byeman & Cleary CPAs
Address
412 W Broadway Suite 206, Glendale, CA 91204-1297
Preparer
Daniel Rmoore
Phone
8182473223
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IRS990/OtherExpensesGrp/Desc2stage supplies
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IRS990/OtherExpensesGrp/TotalAmt211229
IRS990/OtherExpensesGrp/TotalAmt38750
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IRS990/OtherWebsiteInd0X
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IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0960
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IRS990/PayrollTaxesGrp/ProgramServicesAmt07780
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt066877
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0814
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
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IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
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IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0352480
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0440818
IRS990ScheduleA/Total509Grp/TotalAmt02069373
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02082046
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990ScheduleD/ExpensesNotReportedAmt02940
IRS990ScheduleD/ExpensesSubtotalAmt0414770
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt014805
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt054695
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IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-3458

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.30$0.21$3.09$3.59$0.60$2.99
2024Summary only. Only limited summary data is available for this year.$0.30$0.21$0.10$0.53$0.52$0.01
2023Summary only. Only limited summary data is available for this year.$0.27$0.19$0.09$0.36$0.50$0.15
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.43$0.20$0.23$0.65$0.51$0.14
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.16$0.09$0.35$0.34$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.21$0.13$0.08$0.52$0.62$0.10
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.23$0.06$0.18$0.36$0.63$0.27
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.51$0.06$0.45$0.86$0.46$0.40
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.11$0.06$0.05$0.37$0.40$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.15$0.07$0.08$0.48$0.41$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.07$0.06$0.02$0.35$0.40$0.05
2014Summary only. Only limited summary data is available for this year.$0.14$0.07$0.07$0.42$0.39$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.06$0.03$0.40
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.13$0.04$0.09$0.39
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.13$0.09$0.04$0.45
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.03$0.12$0.41$0.40$0.01
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • <$500k nonprofits