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Arts, Culture, Humanities : Performing Arts

Cornerstone Theater Company

Making new plays with and about communities

three stars

86.93

1892 Marney Avenue Los Angeles, CA 90032
tel: (213) 613-1700   Web Site
EIN: 95-4493498

Board Leadership
Paula Ely
Chair

CEO
Megan Wanlass
Managing Director

  Score
(out of 100)
Rating
Overall Score & Rating 86.93 three stars
  Financial 85.15 three stars
  Accountability & Transparency 89.00 three stars
This rating was published 09/03/2019 and includes data from FY2018, the most recent 990 received at that time.

Cornerstone Theater Company has been making new plays with and about communities throughout Los Angeles and beyond for over 30 years. Nationally recognized as a leader in community engaged theater, our plays celebrate many voices as we strive to include people who have not been on stage or even seen theater. Combining the artistry of people with many levels of theatrical experience, we act upon the conviction that artistic expression is civic engagement and that access to a creative forum is essential to the wellness and health of every individual and community. Our plays are staged in theaters, parking lots, factories, schools and subway stations. Each venue is specific to its project and community; audiences pay what they can so our performances are always accessible to all. Visit Cornerstonetheater.org and follow the story on social media @cornerstonetheater on Facebook and Instagram, @cornerstonethtr on Twitter and youtube.com/CornerstoneTheater.

Cornerstone Theater Company has been making new plays with and about communities throughout Los Angeles and beyond for over 30 years. Nationally recognized as a leader in community engaged theater, our plays celebrate many voices as we strive to include people who have not been on stage or even seen theater. Combining the artistry of people with many levels of theatrical experience, we act upon the conviction that artistic expression is civic engagement and that access to a creative forum is essential to the wellness and health of every individual and community. Our plays are staged in theaters, parking lots, factories, schools and subway stations. Each venue is specific to its project and community; audiences pay what they can so our performances are always accessible to all. Visit Cornerstonetheater.org and follow the story on social media @cornerstonetheater on Facebook and Instagram, @cornerstonethtr on Twitter and youtube.com/CornerstoneTheater.

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Financial

three stars

85.15

Accountability & Transparency

three stars

89.00

This rating was published 09/03/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
76.8%
  Administrative Expenses 12.1%
  Fundraising Expenses 11.0%
  Fundraising Efficiency $0.14
  Working Capital Ratio (years) 0.45
  Program Expenses Growth 7.9%
  Liabilities to Assets 16.1%
All data for Financial Performance Metrics calculations was provided by Cornerstone Theater Company on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Cornerstone Theater Company on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Cornerstone Theater Company (CA) 86.93 three stars
A Noise Within (CA) 91.33 four stars
California Shakespeare Theater (CA) 88.42 three stars
Des Moines Community Playhouse (IA) 88.27 three stars
Hartford Stage (CT) 89.00 three stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $550,482
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $42,181
   Related Organizations $0
   Government Grants $52,950
Total Contributions $645,613
   Program Service Revenue $101,863
Total Primary Revenue $747,476
   Other Revenue $44,329
TOTAL REVENUE $791,805
   
EXPENSES  
   Program Expenses $1,046,492
   Administrative Expenses $176,542
   Fundraising Expenses $142,966
TOTAL FUNCTIONAL EXPENSES $1,366,000
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-574,195
   
Net Assets $1,100,852

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Commissioning New Works $951,721 90.9%
Training Programs $94,771 9.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 09/03/2019 86.93 three stars
2017-06 08/01/2018 86.04 three stars
2016-06 12/01/2017 84.91 three stars
2015-06 12/21/2016 90.41 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 95-4493498
Name in IRS Master File CORNERSTONE THEATER COMPANY INC
NTEE Code A65
NTEE Classification Theater
NTEE Type Arts, Culture and Humanities
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (88) Community theatrical group
(994) Described in section 170(b)1)(a)(vi) of the Code
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date May, 1995
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013
Compensation % of Expenses Paid to Title
$88,500 6.47% Megan Wanlass Managing Director
Other Salaries of Note
$90,000 6.58% Michael John Garces Artistic Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Cornerstone Theater Company (CA) 86.93 three stars
Creede Repertory Theatre (CO) 92.22 four stars
Chicago Shakespeare Theater (IL) 91.19 four stars
Center for Puppetry Arts (GA) 89.55 three stars
The Kalamazoo Civic Theatre (MI) 90.37 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Cornerstone Theater Company
1892 Marney Avenue
Los Angeles, CA 90032
tel: (213) 613-1700
EIN: 95-4493498

Mail donations to:
P.O. Box 412587
Los Angeles, CA 90041

Visit Web Site

Board Leadership

Paula Ely
Chair

CEO

Megan Wanlass
Managing Director

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