Dezart Performs EIN 01-0965335

Dezart Performs FY2021 filing

EIN  01-0965335 Public charity (501(c)(3)) Palm Springs, CA
Form 990 (PDF)
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Size
$1–10M
What they do
Stages bold, cutting-edge plays, fostering artistic growth for diverse theater creators.
Leadership
Michael Matthews · Director
Money in and out
$179K revenue, $117K expenses
Bottom line
40% program efficiency

Stages bold, cutting-edge plays, fostering artistic growth for diverse theater creators. For fiscal year 2021 it reported $179K in revenue, $117K in expenses, and $78K in net assets.Pt I

Where the money goes · FY2021
Total revenue
$179K
Pt VIII · Ln 12
Total expenses
$117K
Pt IX · Ln 25
Net assets
$78K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $62K
Where spending went · Part IX cols B–D
Program services $0.40 Management & general $0.52 Fundraising $0.08
Program efficiency
40%
of spending reaches programs
Operating runway
10.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
+34%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$179K
FY2021
Expenses
$117K
FY2021
Total assets
$116K
FY2021
Total liabilities
$38K
FY2021
Total revenue
$179K
Pt VIII · Ln 12
Total expenses
$117K
Pt IX · Ln 25
Net assets
$78K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$62K
Total assetsPt X · Ln 16$116K
Program-expense ratioPt IX · col B40%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

2 program services account for $47K of program spending, described in the organization's own filed words · FY2020.
01

Theatrical Productions

Provided three theatrical productions of Braodway and Off-Broadway plays for general audiances, co-produced a theatrical event to raise funds for our scholarship program and provided an internship program for high school drama students.

$47Kprogram expense
02

Cv Mask Project

Dezart Performs served as the fiscal agent of the CV Mask Project, manaing the financial matters on behalf of the all-volunteer project that produced protective gowns and masks for the Eisenhower Medical Center, and communities in need throughout the Coachella Valley.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CDezart Performs
EINHdr · item D01-0965335
Principal addressHdr · item CPalm Springs, CA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A60)
Ruling yearIRS BMFJun 2011

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
See Dezart Performs executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$160K · 89%
Program service revenue$19K · 11%
Contributions & grants89%$160K
Program service revenue11%$19K
Total revenueLn 12$179K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.40 Management & general $0.52 Fundraising $0.08
Program services40%$47K
Management & general52%$61K
Fundraising8%$9K
Total functional expensesLn 25$117K

Balance Sheet

Part X · end of year
CashLn 1$106K
Total assetsLn 16$116K
Total liabilitiesLn 26$38K
Total net assetsLn 32$78K
Months of cash on handcomputed10.9

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $106K · Operating expenses/yr $117K
10.9 months
Where the money goes
Program services
Program services $47K · Total expenses $117K
40%
Management & General
Management & general $61K · Total expenses $117K
52%
Fundraising
Fundraising $9K · Total expenses $117K
8%
Cost to raise $1
Fundraising expense $9K · Solicited contributions $160K
$0.06 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $160K · Total revenue $179K
89%
Government reliance
Government grants — · Total revenue $179K
Earned-income share
Program service revenue $19K · Total revenue $179K
11%
Investment reliance
Investment income $0 · Total revenue $179K
0%
Program self-sufficiency
Program service revenue $19K · Total expenses $117K
17%
Growth & trend
Revenue growth (YoY)
This year $179K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $78K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $179K · Expenses $117K
+34%
Liabilities-to-Assets
Total liabilities — · Total assets $116K
Net-asset ratio
Net assets $78K · Total assets $116K
67%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $116K
0%
People & payroll
Highest Reported Total Compensation
Individual Michael Matthews · Reported title Director · Highest reported compensation $0 · Total expenses $117K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $39K · Total expenses $117K
33%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 40%
Overhead ratio 52%
Fundraising cost ratio 6%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 3%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 7 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$1.1M revenue · ⤓ 990 PDF
FY2024$506K revenue · ⤓ 990 PDF
FY2023$576K revenue · ⤓ 990 PDF
FY2022$313K revenue · ⤓ 990 PDF
FY2021$179K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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