Fine Arts Network FY2020 filing

Murrieta, CA · Public charity (501(c)(3)) · Arts & Culture

✓ Tax-deductible
Revenue
$119K
Spent
$115K
To programs
98%
Net assets
−$17K
By yearFY2020–FY2024
Revenue
$119K
FY2020
Revenue by fiscal year
FY2020$119K
FY2021$173K
FY2022$204K
FY2023$386K
FY2024$402K
Expenses
$115K
FY2020
Expenses by fiscal year
FY2020$115K
FY2021$95K
FY2022$323K
FY2023$372K
FY2024$462K
Net assets
−$17K
FY2020
Net assets by fiscal year
FY2020−$17K
FY2021$62K
FY2022−$63K
FY2023−$58K
FY2024−$108K

From the FY2020 Form 990 · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

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 $0.98 Management & general $0.02
Program services98%$112K
Management & general2%$2K
Total functional expensesLn 25$115K

Financial health

Is it on solid ground?

Program efficiency
98%
of spending reaches programs
Operating runway
2.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+4%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Total assets
$36K
FY2020
Total assets by fiscal year
FY2020$36K
FY2021$105K
FY2022$30K
FY2023$37K
FY2024$11K
Total liabilities
$54K
FY2020
Total liabilities by fiscal year
FY2020$54K
FY2021$43K
FY2022$92K
FY2023$95K
FY2024$119K
Revenue less expensesPt I · Ln 19$5K
Total assetsPt X · Ln 16$36K
Program-expense ratioPt IX · col B98%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410

Balance Sheet

Part X · end of year
CashLn 1$24K
Total assetsLn 16$36K
Total liabilitiesLn 26$54K
Total net assetsLn 32−$17K
Months of cash on handcomputed2.5

Statement of Revenue

Part VIII
Program service revenue$97K · 81%
Contributions & grants$22K · 19%
Program service revenue81%$97K
Contributions & grants19%$22K
Investment income$4
— government grantsLn 1e$10K
Total revenueLn 12$119K

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $24K · Operating expenses/yr $115K
2.5 months
Where the money goes
Program services
Program services $112K · Total expenses $115K
98%
Management & General
Management & general $2K · Total expenses $115K
2%
Fundraising
Fundraising $0 · Total expenses $115K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $12K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $22K · Total revenue $119K
19%
Government reliance
Government grants $10K · Total revenue $119K
8%
Earned-income share
Program service revenue $97K · Total revenue $119K
81%
Investment reliance
Investment income $4 · Total revenue $119K
<0.01%
Program self-sufficiency
Program service revenue $97K · Total expenses $115K
85%
Growth & trend
Revenue growth (YoY)
This year $119K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year −$17K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $119K · Expenses $115K
+4%
Liabilities-to-Assets
Total liabilities — · Total assets $36K
—
Net-asset ratio
Net assets −$17K · Total assets $36K
-47%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $36K
0%
People & payroll
Highest Reported Total Compensation
Individual Brittany Campbell · Reported title Director · Highest reported compensation $0 · Total expenses $115K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $115K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 98%——
Overhead ratio 2%——
Fundraising cost ratio 0%——
Investment management fee ratio 0%——
Legal fee ratio 0%——
Accounting fee ratio 0.5%——
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
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Fine Arts Network executive salaries →

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Governance & Policies

Part VI
  • 10Voting board membersPt VI · Ln 1a
  • 10Independent 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 $112K of program spending, described in the organization's own filed words · FY2020.
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…

$112Kprogram 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.

Pt IX · col B

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

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) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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