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California · Nonprofit

THEATREWORKS SILICON VALLEY

THEATREWORKS SILICON VALLEY (California) receives grants from 59 organizations whose IRS filings report $12,132,927 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($2,529,067). 44 of them have funded it in more than one year, and 57% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$11M
Funders on record
59
Grants received
$12M
Net assets
$7.8M
44/59 repeat funderspeak grant-dependency 24%
01What it does

What Theatreworks Silicon Valley does

Mission

Our mission is to ignite imagination and foster meaningful connections as an outstanding professional theatre that celebrates diverse experiences and our shared humanity, enriching silicon valley and beyond.

As stated on its FY2025 Form 990.

Programs

  1. Main stage productions: in the year ended june 30, 2025, season 54, Theatreworks Silicon Valley produced six productions which included a mix of classics, musicals and contemporary hits. The theatre's art reflects its core values of artistic excellence, innovation, collaboration and celebrating the human spirit. Theatreworks performs in two peninsula venues: the mountain view center for the performing arts (mvcpa) and the lucie stern theatre in palo alto. The theatre is classified as a lort c professional theatre at the lucie stern theatre and a lort b at the mvcpa. Both are an indication of the caliber of artists it hires, and a rank shared with less than 50 regional theatres nationwide.

    $4,378,479 spent$2,871,052 earned by the program
    92% of program spending
  2. New works initiative: theatreworks has become a theatre of national significance through its commitment to new works. The theatre has produced over 75 world premieres. The "new works initiative" incorporates all aspects of the development process including staged readings; an annual writer's retreat for playwrights, composers, and lyricists; an annual public new works festival; artist commissions and full productions of world premieres. Theatreworks has contributed to the development of over 110 new works through the new works initiative, many of which have been produced on its main stage. As a result of the initiative, theatreworks has grown from a theatre with an idea for a unique developmental program for new music theater to a major (continued on schedule o) player on the national scene in developing and producing world premieres.

    $118,581 spent$51,741 earned by the program
    2% of program spending
  3. Arts education programs:theatreworks offers low-cost daytime performances for school groups and youth in our community. Before the show, educators receive a guidebook full of information and activities to connect the art onstage to the work in their classroom. After the show, theatreworks hosts a talkback between the cast and the student audience. Student matinees tickets are $10 each; chaperones attend free of charge. Community engagement programs include the children's healing project, a unique arts healing program at the lucile packard children's hospital and the professional internship program. Audience enrichment opportunities include discussion wednesdays, a post show discussion between audience members and the cast and show specific behind-the-scenes e-newsletters.

    $57,893 spent$14,890 earned by the program
    1% of program spending
  4. Other program services, including co-productions with other theatres, and costume, property and rehearsal space rental.

    $195,616 spent$216,825 earned by the program
    4% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $4,750,569.

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 ($7.2M) Expenses 100 ($7.7M) Net assets 100 ($1.9M)2018 Revenue 136 ($9.8M) Expenses 123 ($9.5M) Net assets 117 ($2.2M)2019 Revenue 134 ($9.6M) Expenses 103 ($7.9M) Net assets 202 ($3.9M)2020 Revenue 137 ($9.9M) Expenses 108 ($8.3M) Net assets 279 ($5.3M)2021 Revenue 66 ($4.7M) Expenses 49 ($3.8M) Net assets 370 ($7.1M)2022 Revenue 114 ($8.2M) Expenses 98 ($7.5M) Net assets 358 ($6.8M)2023 Revenue 81 ($5.8M) Expenses 123 ($9.5M) Net assets 170 ($3.2M)2024 Revenue 152 ($11M) Expenses 110 ($8.4M) Net assets 317 ($6.1M)2025 Revenue 156 ($11M) Expenses 118 ($9.1M) Net assets 409 ($7.8M)
'17'18'19'20'21'22'23'24'25
Revenue (156)Expenses (118)Net assets (409)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 2023 to 2024, from $7.6M to $11M (+45%).

$5.1M
$5.2M
$6.9M
$8.2M
$9.5M
$8.4M
$7.6M
$11M
$12M
'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% · 2020 5% · 2021 19% · 2022 36% · 2023 0% · 2025 6%. Grants only. Government contracts and fees sit inside program revenue.

69% of THEATREWORKS SILICON VALLEY’s revenue is contributions — more donation-reliant than the typical peer (58% for the typical peer).

This organization
Typical peer · 810 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

−$492k
’17
$307k
’18
$1.7M
’19
$1.6M
’20
$968k
’21
$650k
’22
−$3.6M
’23
$2.5M
’24
$2.1M
’25
5.7
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.

Board chair

Mark Greenstein

Board chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed263233343131302529
Joined·+10+2+8+3+4+10+6+14
No longer listed·41764111110
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 14 funders to 34 funders, grant income rose $706k → $1.2M.

19 of 59 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 57% 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 THEATREWORKS SILICON VALLEY’s funders (the co-funder graph). Top 30 of 59 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

THEATREWORKS SILICON VALLEY has a broad base — no single funder exceeds 21% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

69% 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 THEATREWORKS SILICON VALLEY.

21%
largest funder
48%
top three
~9
effective funders

Largest funder’s share by year: 2017 24% · 2018 22% · 2019 50% · 2020 21% · 2021 31% · 2022 20% · 2023 20% — 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

63% of THEATREWORKS SILICON VALLEY's funders are still giving 3 years after their first grant; 75% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

57% of THEATREWORKS SILICON VALLEY'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 $5.2M that is directly attributable, 89% of it comes from California funders.

IL
NY
MA
OH
CA
CO
MO
MD
DE

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

’17
’18
’19
’20
’21
’22
’23
California out of state home

Funder states come from each funder’s own filing. $7.0M arriving through sponsors registered in 10 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

THEATREWORKS SILICON VALLEY runs a healthier operating margin than half of the 570 arts & culture nonprofits its size.

Operating margin19% · above the median
Months of reserve5.7mo · above the median
Revenue growth (annualized)6% · below the median

this organization peer median middle 50% of peers· 570 arts & culture nonprofits $10M–$100M, FY2025

Government funding THEATREWORKS SILICON VALLEY receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $70k on record.

Federal$70k
grants $70kcontracts $0
17
18
21
Top agencies
  • National Endowment for the Arts$70k

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 THEATREWORKS SILICON VALLEY

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

05Profile & governance

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

Where the money goes

52% of spending goes to programs.

Program 52%Management 39%Fundraising 8%

Governance

22
board members
95%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

90%

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

Footprint & structure

Files a return copy in 1 state

CA

Screen this organization

A dated, signed PDF of the compliance screen for THEATREWORKS SILICON VALLEY: 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 THEATREWORKS SILICON VALLEY?
THEATREWORKS SILICON VALLEY (California) receives grants from 59 organizations whose IRS filings report $12,132,927 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($2,529,067). 44 of them have funded it in more than one year, and 57% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does THEATREWORKS SILICON VALLEY have?
IRS filings report 59 organizations giving $12,132,927 in grants to THEATREWORKS SILICON VALLEY, 44 of which have funded it in more than one year.
Who is the largest funder of THEATREWORKS SILICON VALLEY?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $2,529,067 in grants. The full list of funders is on this page.
How can an organization like THEATREWORKS SILICON VALLEY 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 Theatreworks Silicon Valley →

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 59 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