Arts, Culture & Humanities
(A126)
IRS Verified
DX Registered
990 on File
THEATRE DEVELOPMENT FUND INC
Financial strength (30%)
79/100
Reliability (20%)
55/100
Effectiveness (25%)
100/100
Impact (25%)
No data yet
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CharityAI™ Score
Not yet evaluated
Mission Statement
Theatre Development Fund's mission is to build current and future generations of theatre audiences, ensuring that live theatre is affordable and accessible to all. The Autism Theatre Initiative is a groundbreaking program that provides a rare opportunity for families of children with autism to attend the theatre together.
Financial Overview — FY 2025
$20.4M
Total Revenue
$19.5M
Total Expenses
$9.4M
Net Assets
155
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
77.0%
Fundraising Efficiency
381.4%
Operating Reserve
5.76x
Liability-to-Asset
46.1%
Revenue Diversification
70.7%
Executive Compensation
$926K
Compared with Peers
FY 2025
Compared with 273 similar organizations
(United States, Arts, Culture & Humanities, $10M–$100M in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
77.0% | 79.1% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
15.0% | 13.3% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
8.1% | 6.4% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
381.4% | 763.3% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
5.8 mo | 30.8 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
46.1% | 14.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
70.7% | 65.5% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
17.0% | 8.7% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
11.7% | 4.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
4.5% | 5.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $20.4M | $19.5M | $9.4M | 77.0% | 155 |
| 2024 | $17.5M | $17.5M | $8.1M | 77.8% | 151 |
| 2023 | $16.3M | $15.6M | $8.0M | 79.4% | 152 |
| 2022 | $12.7M | $11.6M | $6.4M | 78.6% | 112 |
| 2021 | $6.5M | $7.1M | N/A | — | 189 |
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