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Pennsylvania · Nonprofit

FINE ARTS DISCOVERY SERIES INC D/B/A SHERMAN THEATER

FINE ARTS DISCOVERY SERIES INC D/B/A SHERMAN THEATER (Pennsylvania) receives grants from 4 organizations whose IRS filings report $156,897 to it, the largest being MOUNT AIRY FOUNDATION ($100,000). 0 of them have funded it in more than one year.

Revenue FY2025
$2.7M
Funders on record
4
Grants received
$157k
Net assets
$1.3M
0/4 repeat funderspeak grant-dependency 3%
01What it does

What Fine Arts Discovery Series Inc D/B/A Sherman Theater does

Mission

To provide education and foster an appreciation of music and the fine arts.

As stated on its FY2025 Form 990.

Program

  1. To provide education and foster an appreciation of music and the fine arts.

    $2,698,750 spent$2,537,574 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $2,698,750.

02The organization over time

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.

100 = 20172017 Revenue 100 ($2.3M) Expenses 100 ($2.3M) Net assets 100 ($902k)2018 Revenue 126 ($2.9M) Expenses 128 ($2.9M) Net assets 96 ($869k)2019 Revenue 108 ($2.5M) Expenses 106 ($2.4M) Net assets 103 ($926k)2020 Revenue 98 ($2.3M) Expenses 106 ($2.4M) Net assets 86 ($775k)2021 Revenue 20 ($472k) Expenses 30 ($683k) Net assets 63 ($565k)2022 Revenue 172 ($4.0M) Expenses 114 ($2.6M) Net assets 216 ($1.9M)2023 Revenue 118 ($2.7M) Expenses 130 ($3.0M) Net assets 188 ($1.7M)2024 Revenue 123 ($2.9M) Expenses 131 ($3.0M) Net assets 171 ($1.5M)2025 Revenue 115 ($2.7M) Expenses 127 ($2.9M) Net assets 144 ($1.3M)
'17'18'19'20'21'22'23'24'25
Revenue (115)Expenses (127)Net assets (144)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $2.7M to $3.7M (+38%).

$2.5M
$2.4M
$2.7M
$2.9M
$2.7M
$3.7M
$3.4M
$3.3M
$3.0M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 0% · 2018 0% · 2019 4% · 2020 8% · 2021 64% · 2022 49% · 2023 4% · 2024 3% · 2025 1%. Grants only. Government contracts and fees sit inside program revenue.

5% of FINE ARTS DISCOVERY SERIES INC D/B/A SHERMAN THEATER’s revenue is contributions — more earned-revenue than three-quarters of its peers (63% for the typical peer).

This organization
Typical peer · 5,395 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 9 reported years ran a deficit.

$23k
’17
−$32k
’18
$60k
’19
−$151k
’20
−$211k
’21
$1.4M
’22
−$251k
’23
−$151k
’24
−$251k
’25
2.8
months of
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

Richard Berkowitz

CEO and board chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed987777766
Joined·+0+2+1+0+0+0+0+0
No longer listed·13100010
03Who funds it

Who funds it, year by year

2018 → 2020: the base held at 1 funder, grant income fell $100k → $5k.

From the IRS filings of FINE ARTS DISCOVERY SERIES INC D/B/A SHERMAN THEATER’s funders (the co-funder graph). 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

FINE ARTS DISCOVERY SERIES INC D/B/A SHERMAN THEATER leans on a few funders — its largest provides 64% of grant income and the top three 99%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

35% 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 FINE ARTS DISCOVERY SERIES INC D/B/A SHERMAN THEATER.

64%
largest funder
99%
top three
~2
effective funders

Largest funder’s share by year: 2018 100% · 2019 100% · 2020 100% — broadly stable.

“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.

Where its funders are

97% of FINE ARTS DISCOVERY SERIES INC D/B/A SHERMAN THEATER's grant income comes from Pennsylvania funders.

PA
FL

In-state vs out-of-state, by year

’18
’19
’20
Pennsylvania out of state home

Funder states come from each funder’s own filing. 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.

04Its place in the field

Against its field

FINE ARTS DISCOVERY SERIES INC D/B/A SHERMAN THEATER receives grants from 4 organizations whose IRS filings report $157k to it.

Operating margin−9% · bottom quartile
Months of reserve2.8mo · below the median
Revenue growth (annualized)2% · bottom quartile

this organization peer median middle 50% of peers· 3,430 arts & culture nonprofits $1M–$10M, FY2025

Government funding FINE ARTS DISCOVERY SERIES INC D/B/A SHERMAN THEATER receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $15k on record.

Federal$15k
grants $15kcontracts $0
Top agencies
  • Department of Agriculture$15k

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 FINE ARTS DISCOVERY SERIES INC D/B/A SHERMAN THEATER

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 Pennsylvania

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

92% of spending goes to programs.

Program 92%Management 4%Fundraising 3%

Governance

6
board members
67%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

PA

Screen this organization

A dated, signed PDF of the compliance screen for FINE ARTS DISCOVERY SERIES INC D/B/A SHERMAN THEATER: 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.

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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 FINE ARTS DISCOVERY SERIES INC D/B/A SHERMAN THEATER?
FINE ARTS DISCOVERY SERIES INC D/B/A SHERMAN THEATER (Pennsylvania) receives grants from 4 organizations whose IRS filings report $156,897 to it, the largest being MOUNT AIRY FOUNDATION ($100,000). 0 of them have funded it in more than one year.
How many funders does FINE ARTS DISCOVERY SERIES INC D/B/A SHERMAN THEATER have?
IRS filings report 4 organizations giving $156,897 in grants to FINE ARTS DISCOVERY SERIES INC D/B/A SHERMAN THEATER.
Who is the largest funder of FINE ARTS DISCOVERY SERIES INC D/B/A SHERMAN THEATER?
MOUNT AIRY FOUNDATION is the largest funder on record, with $100,000 in grants. The full list of funders is on this page.
How can an organization like FINE ARTS DISCOVERY SERIES INC D/B/A SHERMAN THEATER find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Pennsylvania. 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 Fine Arts Discovery Series Inc D/B/A Sherman Theater →

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 4 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 22, 2026. What this page cannot tell you · view filing