Arts, Culture & Humanities
(A65Z)
IRS Verified
DX Registered
990 on File
THEATER WORKS
Financial strength (30%)
80/100
Reliability (20%)
55/100
Effectiveness (25%)
94/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
TheaterWorks creates transformative artistic experiences that inspire creativity, foster community connection, and cultivate a lifelong appreciation for the performing arts. Through inclusive programming, education, and performances, we empower individuals of all ages and backgrounds to engage with the arts, enriching the cultural fabric of Phoenix’s West Valley.
Financial Overview — FY 2025
$1.6M
Total Revenue
$1.7M
Total Expenses
$767K
Net Assets
20
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
79.1%
Fundraising Efficiency
614.8%
Operating Reserve
5.54x
Liability-to-Asset
31.1%
Revenue Diversification
65.0%
Executive Compensation
$126K
Compared with Peers
FY 2025
Compared with 1,930 similar organizations
(United States, Arts, Culture & Humanities, $1M–$10M 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
|
79.1% | 77.7% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
7.1% | 14.2% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
13.9% | 5.9% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
614.8% | 302.5% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
5.5 mo | 15.8 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
31.1% | 11.4% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
65.0% | 70.6% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
3.4% | 7.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
0.9% | 5.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-5.8% | 0.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $1.6M | $1.7M | $767K | 79.1% | 20 |
| 2024 | $1.5M | $1.6M | $941K | 78.0% | 20 |
| 2023 | $1.2M | $1.4M | $1.1M | 76.3% | 23 |
| 2022 | $1.3M | $923K | $1.4M | 72.1% | 20 |
| 2021 | $1.5M | $735K | N/A | — | 28 |
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