BUILDING 178 PERFORMING ARTS CENTER Charity Report

Public IRS 990 nonprofit record

BUILDING 178 PERFORMING ARTS CENTER

EIN 85-1976211 · Community & Neighborhood Development (S20)

What they do

to OPERATE EXCLUSIVELY for THE BENEFIT OF, PERFORM THE FUNCTIONS OF, and CARRY OUT THE PURPOSES of NTC FOUNDATION, A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION and CYGNET THEATRE COMPANY, A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION IN RAISING FUNDS for THE DESIGN, CONSTRUCTION, DEVELOPMENT, and OPERATION of A THEATRE IN THE NAVAL TRAINING CENTER ("NTC") LOCATED IN THE CITY of SAN DIEGO, SPECIFICALLY RESTRICTED to THE PORTION of THE NTC REFERRED to AS THE "CIVIC ARTS and CULTURAL CENTER."

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $80.10 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders7 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

2.37%of revenue went to mission work80.1% of expenses · Program services

0.37%of revenue went to fundraising12.5% of expenses

$2.96spent for every $100 of revenueRevenue covered expenses this year.

0.22%of revenue went to management and office costs7.4% of expenses

$84.51in assets for every $1 spent this yearSome assets cannot be spent right away.

99.3%of its money came from giftsOther money may come from services or investments.

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Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$8,584,245

Mission workProgram services$203,8322.37% of revenue80.1% of expenses

ManagementOffice and general costs$18,8280.22% of revenue7.4% of expenses

FundraisingAsking for donations$31,7840.37% of revenue12.5% of expenses

Revenue left after expensesReported annual surplus$8,329,80197.04% of revenueShown in gray on the chart

Total expenses$254,4442.96% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 80.1% mission · 7.4% management · 12.5% fundraisingTotal expenses: 2.96% of revenue

2023Expense mix: 1.5% mission · 11.9% management · 86.7% fundraisingTotal expenses: 8.13% of revenue

2022Expense mix: 55.5% mission · 3.0% management · 41.5% fundraisingTotal expenses: 59.82% of revenue

2020Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 1.97% of revenue

Money in and money out

Revenue$8,584,245

Expenses$254,444

Annual surplus $8,329,801 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$203,832 · 80.1% of expenses

Management and office costs$18,828 · 7.4% of expenses

Fundraising$31,784 · 12.5% of expenses

See all reported dollar amounts

Revenue$8,584,245

Expenses$254,444

Assets$21,504,013

Income$8,584,245

Contributions$8,524,114

Mission work (program services)$203,832

Fundraising$31,784

Management and general$18,828

Accounting fees$3,000

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (7)

BILL SCHMIDTEXECUTIVE DIRECTOR

EDGAR CANADAMEMBER AT LARGE

JUDITH NORAMEMBER AT LARGE, PELL INVE

KEN STIPANOVCHAIR, COMMUNITY LEADER

LISA JOHNSONPRESIDENT AND CEO

NINA LEUNGTREASURER

PAMELA RICHARDSSECRETARY

About this charity

Recognized since: January 2021
Location: 2820 ROOSEVELT RD STE 201, SAN DIEGO, CA 92106-6146
County: San Diego
In care of: % LISA JOHNSON
Primary officer: LISA JOHNSON, PRESIDENT AND CEO

How to reach them

Phone(619) 226-1491

Filing and classification

Latest tax year: 2024
Tax period began: May 1, 2024
Return type: 990
Tax preparer: SWENSON ADVISORS LLP
NTEE classification: Community & Neighborhood Development (S20)
IRS tax category: Community & Neighborhood Development