Chico Theater Company INC EIN 32-0087023

Chico Theater Company INC

EIN  32-0087023 Public charity (501(c)(3)) Chico, CA
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Size
$100K–1M
What they do
Presents professional performing arts and promotes live theater for a diverse audience.
Leadership
Marc Edson · Executive Dir. · $138K
Money in and out
$413K revenue, $451K expenses
Bottom line
50% program efficiency

Presents professional performing arts and promotes live theater for a diverse audience. For fiscal year 2025 it reported $413K in revenue, $451K in expenses, and $484K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$413K
Pt VIII · Ln 12
Total expenses
$451K
Pt IX · Ln 25
Net assets
$484K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$38K
Where spending went · Part IX cols B–D
Program services $0.50 Management & general $0.46 Fundraising $0.04
Program efficiency
50%
of spending reaches programs▼ -3% vs prior filing year
Operating runway
0.7mo
months of highly liquid reserves at operating expense rate▼ -30% vs prior filing year
Surplus margin
-9%
revenue over expenses, this year▼ -163% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$413K
FY2025▼ -17%
Expenses
$451K
FY2025▲ +6%
Total assets
$844K
FY2025▼ -5%
Total liabilities
$359K
FY2025▼ -1%
Total revenue
$413K
Pt VIII · Ln 12
Total expenses
$451K
Pt IX · Ln 25
Net assets
$484K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$38K
Total assetsPt X · Ln 16$844K
Program-expense ratioPt IX · col B50%
Voting members of governing bodyPt I · Ln 315
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

2 program services account for $228K of program spending, described in the organization's own filed words · FY2024.
01

CTC staged eight live theater productions during this fiscal year. Over 9,000 tickets were sold to these performances. Throughout the year, numerous tickets were also donated to other non-profit groups so that their members and supporters could experience live theater.

$228Kprogram expense
02

Our Youth Theater programs are typically held during Fall and Spring Semester. Scholarships are provided for any low income child that would have difficulty paying the fee. Many of the children's theater participants also appear in our regular season productions. The organization did not operate this program this year.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CChico Theater Company INC
EINHdr · item D32-0087023
Principal addressHdr · item CChico, CA
WebsiteHdr · item Jwww.chicotheatercompany.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A65)
Ruling yearIRS BMFSep 2004

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a15
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Dir.
$138,005Pt VII · Sec A
Director
$31,578Pt VII · Sec A
$8,613Pt VII · Sec A
Director
$6,521Pt VII · Sec A
Vice President
$1,200Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Marc Edson’s $138K as Executive Dir. is at the 97th percentile of top reported officer pay among 2213 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 7 named individuals · Part VII

NameFY2025FY2024FY2023FY2022
Marc Edson$138,005$128,336$88,360$78,552
Randy Ross$31,578$21,652$21,018
Christi Harrington$8,613
Kathy Edson$6,521$5,261
David Bristow$1,650$2,000
Wendy Boswell$1,750
Kasandra Partain$1,200

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$317K · 77%
Contributions & grants$83K · 20%
Other revenue$13K · 3%
Program service revenue77%$317K
Contributions & grants20%$83K
Other revenue3%$13K
Investment income$20
Total revenueLn 12$413K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.50 Management & general $0.46 Fundraising $0.04
Program services50%$228K
Management & general46%$207K
Fundraising4%$17K
Total functional expensesLn 25$451K

Balance Sheet

Part X · end of year
CashLn 1$25K
Total assetsLn 16$844K
Total liabilitiesLn 26$359K
Total net assetsLn 32$484K
Months of cash on handcomputed0.7

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $25K · Operating expenses/yr $451K
0.7 months
Where the money goes
Program services
Program services $228K · Total expenses $451K
50%
Management & General
Management & general $207K · Total expenses $451K
46%
Fundraising
Fundraising $17K · Total expenses $451K
4%
Cost to raise $1
Fundraising expense (3-yr avg) $17K · Solicited contributions (3-yr avg) $90K
$0.19 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $83K · Total revenue $413K
20%
Government reliance
Government grants — · Total revenue $413K
Earned-income share
Program service revenue $317K · Total revenue $413K
77%
Investment reliance
Investment income $20 · Total revenue $413K
0%
Program self-sufficiency
Program service revenue $317K · Total expenses $451K
70%
Growth & trend
Revenue growth (YoY)
This year $413K · Prior year $500K
-17%
Revenue CAGR
FY2019 $325K · FY2024 $413K
+5%
Net-asset trend (YoY)
End of year $484K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $413K · Expenses $451K
-9%
Liabilities-to-Assets
Total liabilities — · Total assets $844K
Net-asset ratio
Net assets $484K · Total assets $844K
57%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $844K
0%
People & payroll
Highest Reported Total Compensation
Individual Marc Edson · Reported title Executive Dir. · Highest reported compensation $138K · Total expenses $451K
31%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $231K · Total expenses $451K
51%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 50%
Overhead ratio 46%
Fundraising cost ratio 20%
Revenue growth -17%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 1%
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 · FY2023
Total grants receivedfrom 1 funder$29

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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)$413K revenue · viewing · ⤓ 990 PDF
FY2024$500K revenue · ⤓ 990 PDF
FY2023$388K revenue · ⤓ 990 PDF
FY2022$658K revenue · ⤓ 990 PDF
FY2021$169K revenue · ⤓ 990 PDF
FY2020$325K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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