Morrison Theatre Company
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE ORGANIZATION'S MISSION IS TO BE AN EDUCATIONAL AND EXPERIENCE ORIENTED THEATRE.
- Income
- $2.0 million
- Spending
- $2.1 million
- Spent on programs
- 86%
- Reserves
- -20.7 months of spending
- Largest source of income
- fees for its services, 46%
- Employees
- 21
- Volunteers
- 99
- Highest pay
- $53,375, executive di
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 29 out of 100. Higher than 3% of charities in its peer group (arts and culture, $1m to $10m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
10 of 20It owes 40% of what it owns.
Living within its means
4 of 15Spending exceeded income by 8% of income.
Income trend
0 of 15Income fell 54% on the year before.
Spending floor
15 of 1586% of spending went to programs and raising each dollar of donations cost 8 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 65% of charities in its peer group (arts and culture, $1m to $10m).
Independent board
25 of 258 of 8 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $1.8 million spent. OUR MISSION IS TO BE AN EDUCATIONAL AND EXPERIENCE-ORIENTED PROFESSIONAL THEATRE, TO PROVIDE OPPORTUNITIES FOR ACTORS, DIRECTORS, WRITERS, DESIGNERS, AND TECHNICIANS TO GAIN VALUABLE EXPERIENCE IN A POSITIVE AND SUPPORTIVE ENVIRONMENT, TO SHARE IDEAS ALLOWING PARTICIPATION IN THE CREATIVE PROCESS, TO INSPIRE AUDIENCES THROUGH THE THOUGHTS AND STORIES WE SHARE, LISTEN TO HOW OUR CHILDREN FEEL ABOUT THEIR WORLD AND PROVIDE EDUCATIONAL OPPORTUNITIES FOR THEM THROUGH A THEATRICAL PROCESS, AND PROVIDE A VENUE FOR ARTISTS TO LEARN, EXPRESS, AND PERFORM. ON AN ANNUAL BASIS, MINERS ALLEY PLAYHOUSE PRODUCES APPROXIMATELY SIX MAIN STATE PRODUCTIONS, FIVE CHILDREN'S THEATER SHOWS, AND SIX VISUAL ART SHOWS. ----------------- MORE DETAIL ON SCHEDULE O ---------------------
- AT MINERS ALLEY PLAYHOUSE, THEATRE IS FOR EVERYONE, AND IT HAS THE POWER TO BRING EVERYONE TOGETHER. SINCE 1993, THE COMPANY HAS BEEN PROVIDING EXCELLENT PROFESSIONAL THEATRE IN A UNIQUE CLOSE-UP SETTING, WHERE AUDIENCES ARE IMMERSED IN THE STORY UNFOLDING RIGHT AROUND THEM. IN 2021, MINERS ALLEY PLAYHOUSE BEGAN ITS SECOND ACT, PURCHASING THE BELOVED MEYER HARDWARE BUILDING IN THE HEART OF DOWNTOWN GOLDEN FOR 4,950,000, WITH PUBLIC AND PRIVATE COALITIONS INCLUDING THE GOLDEN DOWNTOWN DEVELOPMENT AUTHORITY, THE GOLDEN CIVIC FOUNDATION, AND ON TAP CREDIT UNION. IN 2023, IN A 4,500,000 RENOVATION, THE BUILDING WAS TRANSFORMED INTO THE MINERS ALLEY PERFORMING ARTS CENTER, CONTINUING THE TRADITION OF THE BUILDING SERVING AS A COMMUNITY HUB. IN THIS NEW SPACE, THE MINERS ALLEY THEATRE COMPANY IS EXPANDING ITS ABILITY TO PROVIDE THE COLORADO FRONT RANGE COMMUNITIES WITH WORLD-CLASS EXPERIENCES: SERVING A WIDER RANGE OF STUDENTS IN THE BE BRAVE EDUCATION PROGRAM, PROVIDING SPACES FOR COMMUNITY EVENTS AND RECEPTIONS, AND PRODUCING THE HIGHEST-QUALITY PROFESSIONAL THEATRE ALL WHILE CONTINUING THE SENSE OF INTIMACY IN THE SPACE. WHERE THERE ARE NEVER MORE THAN SIX ROWS BETWEEN THE EDGE OF THE STAGE AND THE EDGE OF YOUR SEAT. WHERE FANS CAN HAVE A BIG NIGHT OUT WITH STARS, AND ALWAYS FEEL AT HOME. THE NEW MINERS ALLEY PERFORMING ARTS CENTER IS RESETTING EXPECTATIONS OF WHAT A SMALL THEATER CAN DO - AND WHAT IT CAN BE. CHILDREN'S THEATRE AND RECITALS, RECEPTIONS AND COMMUNITY EVENTS, MEETING SPACES AND WORKSHOPS CONTINUE TO DRAW PEOPLE TO DOWNTOWN GOLDEN. THIS IS THE SECOND ACT. A DRAMATIC REIMAGINING OF HOW THE PERFORMING ARTS AND THE PUBLIC CAN INTERACT, BRINGING NEW VALUE TO OLD VENUES AND RENEWED SPIRIT TO A VIBRANT COMMUNITY.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 1993.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.