Fullerton Historic Theatre Foundation
Current Fiscal Year
Fiscal Year Start Date: July 1, 2025
Fiscal Year End Date: June 30, 2026
Projected Revenue: $1,000,000
Projected Expense: $1,000,000
Revenue vs. Expense ($)
Expense Breakdown: 2024 (%)
| Administration Expense | 40.8% |
| Program Expense | 47.2% |
| Fundraising Expense | 12.0% |
Expense Breakdown: 2023 (%)
| Administration Expense | 40.6% |
| Program Expense | 45.7% |
| Fundraising Expense | 13.8% |
Expense Breakdown: 2022 (%)
| Administration Expense | 42.8% |
| Program Expense | 57.2% |
| Fundraising Expense | 0.0% |
990 Tax Form Newest 990 Year opens each June
Prior Three Years Total Revenue and Expense Totals
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Revenue | $132,982 | $2,018,251 | $235,590 |
| Total Expenses | $189,519 | $107,566 | $88,479 |
Prior Three Years Revenue Sources
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Foundation and Corporation Contributions | $59,801 | $39,975 | $57,590 |
| Government Contributions | - | $1,936,607 | $83,263 |
| Federal | - | - | - |
| State | - | - | - |
| Local | - | - | - |
| Unspecified | - | - | - |
| Individual Contributions | - | - | - |
| Indirect Public Support | - | - | - |
| Earned Revenue | $72,976 | $41,660 | $82,711 |
| Investment Income, Net of Losses | $205 | $9 | $26 |
| Membership Dues | - | - | - |
| Special Events | - | - | $12,000 |
| Revenue In-Kind | - | - | - |
| Other Revenue | $205 | $9 | $26 |
Prior Three Years Expense Allocations by Type
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Program Expense | $89,388 | $49,129 | $50,644 |
| Administration Expense | $77,388 | $43,623 | $37,835 |
| Fundraising Expense | $22,743 | $14,814 | - |
| Payments to Affiliates | - | - | - |
| Total Revenue/Total Expenses | 0.70 | 18.76 | 2.66 |
| Program Expense/Total Expenses | 47% | 46% | 57% |
| Fundraising Expense/Total Revenue | 17% | 1% | - |
Prior Three Years Assets and Liabilities
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $13,208,389 | $14,040,536 | $11,374,879 |
| Current Assets | $10,499,022 | $11,292,506 | $8,581,061 |
| Long-Term Liabilities | $5,892,070 | $5,909,237 | $5,909,237 |
| Current Liabilities | $13,779 | $772,222 | $131,287 |
| Total Net Assets | $7,002,540 | $7,059,077 | $5,034,355 |
Short Term Solvency
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Assets/Current Liabilities | 761.96 | 14.62 | 65.36 |
Long Term Solvency
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Long Term Liabilities/Total Assets | 45% | 42% | 52% |
Endowment/Capital Campaigns
Are you currently in a Capital Campaign? No
Capital Campaign Purpose:
This will start in 2025 once the new final, updated construction estimates are completed and submitted by Spectra Company. The purpose, will be to fully fund the completion of Fox Fullerton, to receive Federal and State Historic tax credits. We also hope to raise funds for reserves and to start an endowment.
Campaign Goal: $18,000,000
Capital Campaign Start Date: September 1, 2025
Capital Campaign End Date: December 31, 2026
Capital Campaign Raised-to-Date Amount: $16,500,000
CONTACT
Fullerton Historic Theatre Foundation
510 N. Harbor Blvd.
PO Box 6753
Fullerton, California 92832
Todd Huffman
Phone: 714.305.4945