Liabilities / Assets
79th percentile
Higher debt load relative to assets than 79% of similar nonprofits.
EIN 95-4304295 • 501(c)3 • Cathedral City, CA
Profile
An educational, dramatic, and musical theatre organization whose mission is to present inovative professional productions and outreach programs that enrich, enhance, and impact the quality of life for residents and vistors in the coachella valley.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
79th percentile
Higher debt load relative to assets than 79% of similar nonprofits.
Liabilities / Revenue
85th percentile
Higher debt load relative to revenue than 85% of similar nonprofits.
Net Margin
44th percentile
Higher net margin than 44% of similar nonprofits.
Top Officer Pay
72nd percentile
Higher top officer pay than 72% of similar nonprofits.
Top officer pay equals 4.8% of source-year revenue.
Asset Growth
30th percentile
Faster asset growth than 30% of similar nonprofits.
Revenue Growth
65th percentile
Faster revenue growth than 65% of similar nonprofits.
Assets
Down$4,077,007
Down $111,589 (-2.7%) from 2024
Liabilities
Down$1,607,207
Down $158,205 (-9.0%) from 2024
Net Assets
Up$2,469,800
Up $46,616 (+1.9%) from 2024
Revenue
Up$2,369,455
Up $356,893 (+18%) from 2024
Expenses
Up$2,322,839
Up $42,993 (+1.9%) from 2024
Net Income
Up$46,616
Up $313,900 (+117%) from 2024
Most recent year
2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
Coachella valley repertory is an educational, dramatic and musical theatre organization that offers thought-provoking, innovative theater of substance, and a voice to a wide range of artists and visions. Cvrep provides productions and outreach programs that positively enrich, enhance and impact the quality of life for residents and visitors in the coachella valley.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $3,358,771 | $3,188,658 | ▼ $170,113 |
| Cash and Non-Interest-Bearing Accounts | $413,254 | $455,701 | ▲ $42,447 |
| Investments in Publicly Traded Securities | - | $250,000 | - |
| Prepaid Expenses and Deferred Charges | $30,845 | $20,700 | ▼ $10,145 |
| Savings and Temporary Cash Investments | $220,807 | $20,562 | ▼ $200,245 |
| Inventories for Sale or Use | $3,403 | $1,787 | ▼ $1,616 |
| Total Assets | $4,188,596 | $4,077,007 | ▼ $111,589 |
| Other Assets Total | $161,516 | $139,599 | ▼ $21,917 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $1,127,114 | $1,115,175 | ▼ $11,939 |
| Deferred Revenue | $325,800 | $287,305 | ▼ $38,495 |
| Other Liabilities | $270,281 | $177,613 | ▼ $92,668 |
| Accounts Payable and Accrued Expenses | $42,217 | $27,114 | ▼ $15,103 |
| Total Liabilities | $1,765,412 | $1,607,207 | ▼ $158,205 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $2,373,184 | $2,469,800 | ▲ $96,616 |
| Net Assets With Donor Restrictions | $50,000 | - | - |
| Total Net Assets Fund Balance | $2,423,184 | $2,469,800 | ▲ $46,616 |
| Total Liabilities and Net Assets / Fund Balance | $4,188,596 | $4,077,007 | ▼ $111,589 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Leasehold Improvements | $2,801,318 | $1,240,836 | $4,042,154 |
| Land | $387,340 | - | $387,340 |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2024 | $50,000 | $6,000 | - | $56,000 | - |
| 2023 | $5,000 | $103,803 | - | $58,803 | $50,000 |
| 2022 | $5,000 | $258,400 | - | $258,400 | $5,000 |
| 2021 | $5,000 | $575,400 | - | $575,400 | $5,000 |
| 2020 | $12,497 | $392,290 | - | $399,787 | $5,000 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Adam Karsten | CEO-(artisti | FT | $106,231 | $7,196 | $113,427 |
| Joseph Basak | CFO | FT | $88,505 | $16,005 | $104,510 |
| Name | Title |
|---|---|
| David Cohan | President |
| Andre Van Niekerk | Director |
| Erica Hiller-carpenter | Director |
| Hugh Glenn | Director |
| Jim Egan | Director |
| Katy Titcomb | Director |
| Louie Baumgartner | Director |
| Marc Schwartz | Director |
| Peggy Jacobs | Director |
| Phylis Siegel | Director |
| Richard Cain | Director |
| Steven Ziel | Director |
| Fernando Diaz | Secretary |
| Nicole Taylor CPA | Treasurer |
| Douglas Moreland | Vice Preside |
| Contribution Type | Contribution Count | Reported Amount | Valuation Method |
|---|---|---|---|
| Other Non Cash Contri Table | 1 | $35,342 | Fair Market Value (FMV) |
| Securities Publicly Traded | 2 | $19,578 | - |
| Other Non Cash Contri Table | 3 | $6,580 | Fair Market Value (FMV) |
| Total Noncash Contributions | 6 | $61,500 | - |
| Line Item | Amount |
|---|---|
| Other Expenses | $1,208,470 |
| Salaries, Compensation, and Employee Benefits | $1,094,648 |
| Total Fundraising Expense | $168,759 |
| Professional Fundraising Fees | $19,721 |
| Grants and Similar Amounts Paid | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $628,836 | $31,927 | $177 | $660,940 |
| All Other Expenses | $148,823 | $20,635 | $70,577 | $240,035 |
| Current Officers, Directors, Trustees, and Key Employees | $156,986 | $31,397 | $20,931 | $209,314 |
| Depreciation Depletion | $123,153 | $31,850 | $10,617 | $165,620 |
| Payroll Taxes | $105,548 | $10,309 | $3,207 | $119,064 |
| Advertising | $94,113 | - | $16,608 | $110,721 |
| Occupancy | $73,444 | $18,091 | $11,014 | $102,549 |
| Royalties | $101,153 | - | - | $101,153 |
| Other Employee Benefits | $59,680 | $8,960 | $9,337 | $77,977 |
| Other Expenses | $10,648 | $56,790 | $3,549 | $70,987 |
| Pension Plan Contributions | $24,248 | $2,368 | $737 | $27,353 |
| Fees for Services Professional Fundraising | - | - | $19,721 | $19,721 |
| Fees for Services Accounting | $1,260 | $10,710 | $630 | $12,600 |
| Insurance | $8,196 | $2,164 | $1,443 | $11,803 |
| Interest | $424 | $3,601 | $211 | $4,236 |
| Travel | $2,865 | - | - | $2,865 |
| Total Functional Expenses | $1,925,278 | $228,802 | $168,759 | $2,322,839 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $2,398,887 |
| Expenses per Audited Statements | $2,322,839 |
| Total Expenses per Form 990 | $2,322,839 |
| Expenses Not Reported on Form 990 | $76,048 |
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $136,348 |
| Fundraising Gross Income | $47,900 |
| Professional Fundraising Fees | $19,721 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Annual Gala 202 | $362,374 | $39,500 | $63,167 | $-23,667 |
| House Party Eve | $14,384 | $8,400 | $1,758 | $6,642 |
| Total Events | $376,758 | $47,900 | $136,348 | $-88,448 |
| Liability | Amount |
|---|---|
| Deferred Sponsorship/underwriting | $125,833 |
| Right of Use - Liability | $51,780 |
“Prior to filing, a complete draft of the form 990 is provided to the cfo, the audit committee, and the treasurer for their review. The cfo conducts an internal review and discusses any questions with management. The audit committee and treasurer then review the return and recommend approval to the board of directors. The full board is given the opportunity to review the form 990 before it is filed.”
“Members of the board of directors are given a copy of the policy annually and sign a statement either disclosing potential conflicts, or stating they have none.”
“Compensation for the artistic executive director is reviewed annually by the staffing and compensation committee, which is composed solely of independent board members. As part of the budget approval process, the committee evaluates the artistic executive director's salary using comparative compensation information and industry benchmarks, along with the individual's responsibilities and performance expectations. The recommendations are incorporated into the proposed budget for approval by the full board of directors.”
“Compensation for other officers and key employees is reviewed annually by the staffing and compensation committee during the budget approval process. The committee considers salary recommendations submitted by the artistic executive director, together with job responsibilities, performance factors, and available comparative compensation data. The recommendations are incorporated into the proposed budget for approval by the full board of directors.”
“The organization makes all required information available to the public upon request. Copies may be obtained by contacting the administrative office by mail, email, or phone. These documents are also available for public inspection at the organization's principal office during regular business hours.”
“Coachella valley repertory is an educational, dramatic and musical theatre organization that offers thought-provoking, innovative theater of substance, and a voice to a wide range of artists and visions. Cvrep provides productions and outreach programs that positively enrich, enhance and impact the quality of life for residents and visitors in the coachella valley.”
“Special events indirect 0 0 70,577 equip rental & fac. Maint 69,393 0 0 other expenses 47,688 20,635 0 sound & video 13,055 0 0 audition expense 8,669 0 0 instructor fees 7,600 0 0 storage 1,808 0 0 lighting, sound & stage 610 0 0 total 148,823 20,635 70,577”
“Rent expenses in revenue 76,048 rent expenses in revenue -76,048”
“The organization's temporarily restricted endowment type assets were used for renovations of the organization's new theatre building.”
“Rent expenses in revenue 76,048”
“Rent expenses in revenue 76,048”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 27114 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | COACHELLA VALLEY REPERTORY IS AN EDUCATIONAL, DRAMATIC AND MUSICAL THEATRE ORGANIZATION THAT OFFERS THOUGHT-PROVOKING, INNOVATIVE THEATER OF SUBSTANCE, AND A VOICE TO A WIDE RANGE OF ARTISTS AND VISIONS. CVREP PROVIDES PRODUCTIONS AND OUTREACH PROGRAMS THAT POSITIVELY ENRICH, ENHANCE AND IMPACT THE QUALITY OF LIFE FOR RESIDENTS AND VISITORS IN THE COACHELLA VALLEY. |
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| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 94113 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 110721 |
| IRS990/AllOtherContributionsAmt | 0 | 885266 |
| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | 70577 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 20635 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 148823 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 240035 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | JOSEPH BASAK |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7602962966 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 68510 E PALM CANYON DR |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | CATHEDRAL CITY |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 922341300 |
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| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 413254 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 455701 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt | 0 | 20931 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 31397 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 156986 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 209314 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/ContriRptFundraisingEventAmt | 0 | 328858 |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 1214124 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 364 |
| IRS990/CYOtherExpensesAmt | 0 | 1208470 |
| IRS990/CYOtherRevenueAmt | 0 | -79863 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 1234830 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 46616 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 1094648 |
| IRS990/CYTotalExpensesAmt | 0 | 2322839 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 168759 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 19721 |
| IRS990/CYTotalRevenueAmt | 0 | 2369455 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | true |
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| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 287305 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/FundraisingAmt | 0 | 10617 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 31850 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 123153 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 165620 |
| IRS990/Desc | 0 | COACHELLA VALLEY REPERTORY IS AN EDUCATIONAL, DRAMATIC AND MUSICAL THEATRE ORGANIZATION THAT OFFERS THOUGHT-PROVOKING, INNOVATIVE THEATER OF SUBSTANCE, AND A VOICE TO A WIDE RANGE OF ARTISTS AND VISIONS. CVREP PROVIDES PRODUCTIONS AND OUTREACH PROGRAMS THAT POSITIVELY ENRICH, ENHANCE AND IMPACT THE QUALITY OF LIFE FOR RESIDENTS AND VISITORS IN THE COACHELLA VALLEY. |
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| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 50000 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | true |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 86 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 1925278 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
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| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 10710 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 1260 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 12600 |
| IRS990/FeesForServicesProfFundraising/FundraisingAmt | 0 | 19721 |
| IRS990/FeesForServicesProfFundraising/TotalAmt | 0 | 19721 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
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| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 40.00 |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 8.00 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | VICE PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | TREASURER |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | DIRECTOR |
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| IRS990/MissionDesc | 0 | COACHELLA VALLEY REPERTORY IS AN EDUCATIONAL, DRAMATIC AND MUSICAL THEATRE ORGANIZATION THAT OFFERS THOUGHT-PROVOKING, INNOVATIVE THEATER OF SUBSTANCE, AND A VOICE TO A WIDE RANGE OF ARTISTS AND VISIONS. CVREP PROVIDES PRODUCTIONS AND OUTREACH PROGRAMS THAT POSITIVELY ENRICH, ENHANCE AND IMPACT THE QUALITY OF LIFE FOR RESIDENTS AND VISITORS IN THE COACHELLA VALLEY. |
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