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Massachusetts · Nonprofit

RIVERSIDE THEATRE WORKS INC

RIVERSIDE THEATRE WORKS INC (Massachusetts) receives grants from 7 organizations whose IRS filings report $73,522 to it, the largest being GRANDVIEW-STEERS FOUNDATION ($20,000). 4 of them have funded it in more than one year, and 52% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$632k
Funders on record
7
Grants received
$74k
Net assets
$219k
4/7 repeat funderspeak grant-dependency 4%
01What it does

What Riverside Theatre Works Inc does

Mission

Riverside theatre works strives to build a diverse community, nurture local talent, and inspire a lifelong love for the performing arts. We take pride in our affordable ticket prices, our broad range of programming for children and adults, and our outreach to local schools and families.

As stated on its FY2024 Form 990.

Program

  1. Arts education: riverside theatre works offers classes in dance, drama and music and private lessons in voice, piano, guitar, art and acting. The organization also offers a technical theater class, an arts administration work study program, and a summer performing arts program. All classes present recitals and final presentations to the public at the middle and end of the year. Mainstage shows: riverside theatre works offers the community several professional shows per season; musicals, drama, opera, and a cabaret series. Outreach programs:riverside theatre works brings theater and performances to local nursing/retirement homes, veterans, outdoor festivals, schools and libraries. Our stages of discovery program brings multi-cultural theatrical shows to the schools, which brings literature to life with interactive performances.

    $411,563 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $411,563.

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 ($308k) Expenses 100 ($336k) Net assets 100 ($9k)2018 Revenue 138 ($426k) Expenses 105 ($354k) Net assets 862 ($81k)2019 Revenue 147 ($452k) Expenses 121 ($406k) Net assets 1345 ($127k)2020 Revenue 123 ($380k) Expenses 122 ($408k) Net assets 1047 ($99k)2021 Revenue 138 ($424k) Expenses 130 ($437k) Net assets 914 ($86k)2022 Revenue 187 ($577k) Expenses 148 ($496k) Net assets 1783 ($168k)2023 Revenue 199 ($614k) Expenses 181 ($606k) Net assets 1868 ($176k)2024 Revenue 205 ($632k) Expenses 176 ($590k) Net assets 2321 ($219k)
'17'18'19'20'21'22'23'24
Revenue (205)Expenses (176)Net assets (2321)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 $99k to $181k (+83%).

$47k
$120k
$151k
$130k
$99k
$181k
$199k
$223k
'17'18'19'20'21'22'23'24
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
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2018 9% · 2019 17% · 2020 13% · 2021 12% · 2022 15% · 2023 7% · 2024 21%. Grants only. Government contracts and fees sit inside program revenue.

28% of RIVERSIDE THEATRE WORKS INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (64% for the typical peer).

This organization
Typical peer · 19,547 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

−$27k
’17
$72k
’18
$46k
’19
−$28k
’20
−$13k
’21
$82k
’22
$8k
’23
$43k
’24
0.0
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.

'17'18'19'20'21'22'23'24
Listed1516182118182020
Joined·+2+5+4+1+0+3+0
No longer listed·1314010
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $150 → $10k.

4 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 52% 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 RIVERSIDE THEATRE WORKS INC’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

RIVERSIDE THEATRE WORKS INC leans on a few funders — its largest provides 27% of grant income and the top three 72%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

52% 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 RIVERSIDE THEATRE WORKS INC.

27%
largest funder
72%
top three
~5
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2020 99% · 2021 51% · 2022 100% · 2023 99% — 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

52% of RIVERSIDE THEATRE WORKS INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $35k that is directly attributable, 57% of it comes from funders outside Massachusetts, across 3 states.

NY
MA
NC

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

’17
’18
’23
Massachusetts out of state home

Funder states come from each funder’s own filing. $38k arriving through sponsors registered in 3 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.

04Its place in the field

Against its field

RIVERSIDE THEATRE WORKS INC runs a healthier operating margin than half of the 17,936 arts & culture nonprofits its size.

Operating margin7% · above the median
Months of reserve0.0mo · bottom quartile
Revenue growth (annualized)11% · above the median

this organization peer median middle 50% of peers· 17,936 arts & culture nonprofits $100k–$1M, FY2024

Government funding RIVERSIDE THEATRE WORKS INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $327k on record.

State$327k
18
19
20
21
22
23
Top programs
  • (PP) STATE AID/POL SUB$327k

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 RIVERSIDE THEATRE WORKS INC

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 Massachusetts

Nationally

05Profile & governance

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

Where the money goes

53% of spending goes to programs.

Program 53%Management 42%Fundraising 4%

Governance

20
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

99%

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

Footprint & structure

Files a return copy in 1 state

MA

Screen this organization

A dated, signed PDF of the compliance screen for RIVERSIDE THEATRE WORKS INC: 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 RIVERSIDE THEATRE WORKS INC?
RIVERSIDE THEATRE WORKS INC (Massachusetts) receives grants from 7 organizations whose IRS filings report $73,522 to it, the largest being GRANDVIEW-STEERS FOUNDATION ($20,000). 4 of them have funded it in more than one year, and 52% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does RIVERSIDE THEATRE WORKS INC have?
IRS filings report 7 organizations giving $73,522 in grants to RIVERSIDE THEATRE WORKS INC, 4 of which have funded it in more than one year.
Who is the largest funder of RIVERSIDE THEATRE WORKS INC?
GRANDVIEW-STEERS FOUNDATION is the largest funder on record, with $20,000 in grants. The full list of funders is on this page.
How can an organization like RIVERSIDE THEATRE WORKS INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. 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 Riverside Theatre Works →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 7 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