California · Nonprofit
24th Street Theatre Company
24th Street Theatre Company (California) receives grants from 23 organizations whose IRS filings report $3,016,639 to it, the largest being PERENCHIO FOUNDATION ($703,000). 16 of them have funded it in more than one year.
- Revenue FY2025
- $1.5M
- Funders on record
- 23
- Grants received
- $3.0M
- Net assets
- $3.0M
What 24th Street Theatre Company does
Mission
24th Street Theatres mission is to engage, educate and provoke its diverse community with excellent theatre and arts education.
As stated on its FY2025 Form 990.
Program
24th Street Theatres service to the community continued in 2024/2025 with about 18,000 people served. There were 107 school field trips for 10,700 students from across LA school districts across LA County. Our free community after school programs were offered to 100 inner-city kids Mon-Fri, ages 7-18. Our Teen Leadership program continued to grow and train new teens job skills for workforce readiness. We continued our work with USC on a National Institute of Health brain research project with 25 kids. We worked with hundreds of teachers through CDOL, the Center for Distance and Online Learning at The LA County Office of Education to train educators about SEL, Culturally relevant teaching, and theatre skills. Once again, 24th Street Theatre served at least 5,000 neighborhood residents with our LIVE annual Dia de los Muertos celebration.
$1,090,880 spent100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $1,090,880.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $1.5M to $2.1M (+46%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 4% · 2018 6% · 2019 7% · 2020 13% · 2021 17% · 2022 26% · 2023 17% · 2025 11%. Grants only. Government contracts and fees sit inside program revenue.
53% of 24th Street Theatre Company’s revenue is contributions — about as donation-reliant as the typical peer (63% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Jay McAdams
Executive Director
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 2 funders to 14 funders, grant income rose $84k → $755k.
6 of 23 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 34% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of 24th Street Theatre Company’s funders (the co-funder graph). Top 22 of 23 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
24th Street Theatre Company has a broad base — no single funder exceeds 23% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
40% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund 24th Street Theatre Company.
Largest funder’s share by year: 2017 53% · 2018 27% · 2019 25% · 2020 16% · 2021 82% · 2022 29% · 2023 43% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
53% of 24th Street Theatre Company's funders are still giving 3 years after their first grant; 70% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
91% of 24th Street Theatre Company's grant income comes from California funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.0M arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
24th Street Theatre Company holds deeper cash reserves than three-quarters of the 3,230 arts & culture nonprofits its size.
this organization peer median middle 50% of peers· 3,230 arts & culture nonprofits $1M–$10M, FY2025
Government funding 24th Street Theatre Company receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $50k on record.
- National Endowment for the Arts$50k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like 24th Street Theatre Company
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In California
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
89% of spending goes to programs.
Governance
Public support
96%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for 24th Street Theatre Company: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds 24th Street Theatre Company?
- 24th Street Theatre Company (California) receives grants from 23 organizations whose IRS filings report $3,016,639 to it, the largest being PERENCHIO FOUNDATION ($703,000). 16 of them have funded it in more than one year.
- How many funders does 24th Street Theatre Company have?
- IRS filings report 23 organizations giving $3,016,639 in grants to 24th Street Theatre Company, 16 of which have funded it in more than one year.
- Who is the largest funder of 24th Street Theatre Company?
- PERENCHIO FOUNDATION is the largest funder on record, with $703,000 in grants. The full list of funders is on this page.
- How can an organization like 24th Street Theatre Company find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds 24th Street Theatre Company →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 23 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing