Dezart Performs EIN 01-0965335

Dezart Performs FY2022 filing

EIN  01-0965335 Public charity (501(c)(3)) Palm Springs, CA
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
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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
$313K revenue, $255K expenses
Bottom line
67% program efficiency

Stages bold, cutting-edge plays, fostering artistic growth for diverse theater creators. For fiscal year 2022 it reported $313K in revenue, $255K in expenses, and $136K in net assets.Pt I

Where the money goes · FY2022
Total revenue
$313K
Pt VIII · Ln 12
Total expenses
$255K
Pt IX · Ln 25
Net assets
$136K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $58K
Where spending went · Part IX cols B–D
Program services $0.67 Management & general $0.33
Program efficiency
67%
of spending reaches programs
Operating runway
7.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+18%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$313K
FY2022▲ +75%
Expenses
$255K
FY2022▲ +118%
Total assets
$176K
FY2022▲ +52%
Total liabilities
$41K
FY2022▲ +7%
Total revenue
$313K
Pt VIII · Ln 12
Total expenses
$255K
Pt IX · Ln 25
Net assets
$136K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$58K
Total assetsPt X · Ln 16$176K
Program-expense ratioPt IX · col B67%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $171K of program spending, described in the organization's own filed words · FY2021.
01

Theatrical Productions

Provided 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.

$171Kprogram expense

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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 (FY2021); the FY2022 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$221K · 71%
Program service revenue$103K · 33%
Contributions & grants71%$221K
Program service revenue33%$103K
Total revenueLn 12$313K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.67 Management & general $0.33
Program services67%$171K
Management & general33%$84K
Total functional expensesLn 25$255K

Balance Sheet

Part X · end of year
CashLn 1$148K
Total assetsLn 16$176K
Total liabilitiesLn 26$41K
Total net assetsLn 32$136K
Months of cash on handcomputed7.0

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $148K · Operating expenses/yr $255K
7.0 months
Where the money goes
Program services
Program services $171K · Total expenses $255K
67%
Management & General
Management & general $84K · Total expenses $255K
33%
Fundraising
Fundraising $0 · Total expenses $255K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $4K · Solicited contributions (2-yr avg) $190K
$0.02 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $221K · Total revenue $313K
71%
Government reliance
Government grants — · Total revenue $313K
Earned-income share
Program service revenue $103K · Total revenue $313K
33%
Investment reliance
Investment income $0 · Total revenue $313K
0%
Program self-sufficiency
Program service revenue $103K · Total expenses $255K
40%
Growth & trend
Revenue growth (YoY)
This year $313K · Prior year $179K
+75%
Net-asset trend (YoY)
End of year $136K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $313K · Expenses $255K
+18%
Liabilities-to-Assets
Total liabilities — · Total assets $176K
Net-asset ratio
Net assets $136K · Total assets $176K
77%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $176K
0%
People & payroll
Highest Reported Total Compensation
Individual Michael Matthews · Reported title Director · Highest reported compensation $0 · Total expenses $255K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $84K · Total expenses $255K
33%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 67%
Overhead ratio 33%
Fundraising cost ratio 0%
Revenue growth 75%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 1.0%
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 · viewing · ⤓ 990 PDF
FY2021$179K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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