Fine Arts Network

Tax-deductible

Murrieta, CA501(c)(3)Arts & CultureEIN 33-0624570

To bring quality theatrical productions and performance opportunities to the temecula valley.

501(c)(3) charity; gifts are tax-deductible.
97¢ of each $1 spent went to programs.
Run by 110 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average deficit $17K a year · 6% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
97%
of spending
Looks good: 97% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Concern: 0.0 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$119K
×12 of total assets
Concern: liabilities are 1200% of assets; over 80%.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$402K
+4% vs prior year
Spent
$462K
To programs
97%
Net assets
−$108K
By yearFY2020–FY2024
Revenue
$402K
FY2024▲ +4%
Revenue by fiscal year
FY2020$119K
FY2021$173K
FY2022$204K
FY2023$386K
FY2024$402K
Expenses
$462K
FY2024▲ +24%
Expenses by fiscal year
FY2020$115K
FY2021$95K
FY2022$323K
FY2023$372K
FY2024$462K
Net assets
−$108K
FY2024▼ -87%
Net assets by fiscal year
FY2020−$17K
FY2021$62K
FY2022−$63K
FY2023−$58K
FY2024−$108K

From the FY2024 Form 990 · see the original

Give Claim

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CFine Arts Network
EINHdr · item D33-0624570
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFOct 1994
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CMurrieta, CA
NTEE classificationIRS BMFArts & Culture (A20)
WebsiteHdr · item Jwww.fantheater.com

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.97 Management & general $0.02 Fundraising $0.00
Program services97%$451K
Management & general2%$11K
Fundraising$937
Total functional expensesLn 25$462K

Financial health

Is it on solid ground?

Program efficiency
97%
of spending reaches programs▼ -0.8% vs prior filing year
Operating runway
0.0mo
months of highly liquid reserves at operating expense rate▼ -100% vs prior filing year
Surplus margin
-15%
revenue over expenses, this year▼ -530% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$11K
FY2024▼ -72%
Total assets by fiscal year
FY2020$36K
FY2021$105K
FY2022$30K
FY2023$37K
FY2024$11K
Total liabilities
$119K
FY2024▲ +25%
Total liabilities by fiscal year
FY2020$54K
FY2021$43K
FY2022$92K
FY2023$95K
FY2024$119K
Revenue less expensesPt I · Ln 19−$60K
Total assetsPt X · Ln 16$11K
Program-expense ratioPt IX · col B97%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411

Balance Sheet

Part X · end of year
CashLn 1$2K
Total assetsLn 16$11K
Total liabilitiesLn 26$119K
Total net assetsLn 32−$108K
Months of cash on handcomputed0.0

Statement of Revenue

Part VIII
Program service revenue100%$401K
Contributions & grants$242
Investment income$1
Other revenue$1K
Total revenueLn 12$402K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2K · Operating expenses/yr $462K
0.0 months
Where the money goes
Program services
Program services $451K · Total expenses $462K
97%
Management & General
Management & general $11K · Total expenses $462K
2%
Fundraising
Fundraising $937 · Total expenses $462K
0.2%
Cost to raise $1
Fundraising expense (3-yr avg) $492 · Solicited contributions (3-yr avg) $18K
$0.03 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $242 · Total revenue $402K
0.06%
Government reliance
Government grants — · Total revenue $402K
—
Earned-income share
Program service revenue $401K · Total revenue $402K
100%
Investment reliance
Investment income $1 · Total revenue $402K
<0.01%
Program self-sufficiency
Program service revenue $401K · Total expenses $462K
87%
Growth & trend
Revenue growth (YoY)
This year $402K · Prior year $386K
+4%
Revenue CAGR
FY2020 $119K · FY2024 $402K
+36%
Net-asset trend (YoY)
End of year −$108K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $402K · Expenses $462K
-15%
Liabilities-to-Assets
Total liabilities — · Total assets $11K
—
Net-asset ratio
Net assets −$108K · Total assets $11K
-1023%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $11K
0%
People & payroll
Highest Reported Total Compensation
Individual Brittany Campbell · Reported title Vice President · Highest reported compensation $0 · Total expenses $462K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $13K · Total expenses $462K
3%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 97%——
Overhead ratio 2%——
Fundraising cost ratio 387%——
Revenue growth 4%——
Investment management fee ratio 0%——
Legal fee ratio 0%——
Accounting fee ratio 2%——
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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
See Fine Arts Network executive salaries →

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Governance & Policies

Part VI
  • 11Voting board membersPt VI · Ln 1a
  • 11Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aNo
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Presents quality theater productions and performance opportunities.

Provided by the organization

This section is blank until Fine Arts Network claims this page.

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Mission & Programs · Part III

Where the work happens

2 program services account for $451K of program spending, described in the organization's own filed words · FY2024.
01

Through creative artistic endeavors, fine arts netwwork seeks to provide area residents the opportunity to both attend and participate in quality, enriching theatrical experiences. Our focus is on inclusion while fostering professionalism and increasing awareness of the capabilities and contributions of the old town temecula community…

$446Kprogram expense
02

Fine arts network theater company maintains a synergy between all populations within the community by providing outreach and education through children's summer camps, acting and directing competitions, theatrical internships, and support of other nonprofit organizations and charities in the accomplishment of their missions.

$4Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2020
Total grants receivedfrom 1 funder$10K

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 Latest Viewing $402K$462K+4% 990 PDF
FY2023 $386K$372K+89% 990 PDF
FY2022 $204K$323K+18% 990 PDF
FY2021 $173K$95K+45% 990 PDF
FY2020 $119K$115K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Full filing: Form 990 for FY2024

Every line we hold from the return, cited to its Part and line.
Part IX · Statement of functional expenses $462,441 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $12,035$12,035
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $1,318$1,318
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $8,400$8,400
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotionPrograms $4,137$4,137
IX-13 Office expensesPrograms $19$19
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestManagement $1,640$1,640
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $4,079$4,079
IX-23 InsurancePrograms $3,087$3,087
IX-24 Other expenses (24a–d)Programs $409,665$409,665
IX-24e All other expensesPrograms $16,372 · Management $752 · Fundraising $937$18,061
IX-25 Total functional expensesPrograms $450,712 · Management $10,792 · Fundraising $937$462,441

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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