Skip to the page content
Passes our checks

Skylight Theatre Company

EIN 95-4007314 · Los Angeles, CA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak17 out of 100GovernanceGood86 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

SKYLIGHT THEATRE COMPANY'S MISSION IS TO SEEK, CHAMPION, AND PRODUCE NEW WORKS; WELCOME AND EMPOWER THE PEOPLE WHO CREATE THEM; INTRODUCE PLAYS NEW TO LOS ANGELES; AND ENGAGE A DIVERSE COMMUNITY OF THEATERGOERS. WE ENVISION A FUTURE WHERE STORYTELLERS FROM DIVERSE BACKGROUNDS HAVE ACCESS TO THE OPPORTUNITIES AND SUPPORT THEY NEED TO PRODUCE PLAYS AND GROW WITHIN A STATE-OF-THE-ART THEATER FOR AN ENGAGED AUDIENCE REPRESENTATIVE OF LOS ANGELES.

Income
$405,316
Spending
$480,788
Spent on programs
74%
Reserves
-1 months of spending
Largest source of income
donations and private grants, 57%
Employees
31
Volunteers
8
Highest pay
$85,000, executive director

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: 17 out of 100. Higher than 1% of charities in its peer group (arts and culture, $250k to $1m).

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    2 of 20

    It owes 81% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 19% of income.

  • Income trend

    0 of 15

    Income fell 26% on the year before.

  • Spending floor

    15 of 15

    74% of spending went to programs and raising each dollar of donations cost 23 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

Good: 86 out of 100. Higher than 73% of charities in its peer group (arts and culture, $250k to $1m).

  • Independent board

    25 of 25

    8 of 9 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports 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 (1)
  1. $355,927 spent. CELEBRATING OUR 40TH YEAR OF PRODUCING THEATRICAL WORKS, WE CONTINUED OUR INVESTMENT IN PLAYWRIGHTS' CREATIVE PROCESS BY EXPANDING OUR STAFF INFRASTRUCTURE TO INCLUDE ADMINISTRATIVE, TECHNICAL, AND MARKETING FUNCTIONS. OUR CORE PROGRAMS INCLUDE: (A) STAGE PRODUCTIONS: DEVELOPMENT AND PRODUCTION OF UNPRODUCED ORIGINAL PLAYS INCLUDING DRAMATURGICAL SUPPORT AND MENTORING;(B) INKUBATOR: FULL SCALE PLAY-DEVELOPMENT WORKSHOPS & AND ACTOR-CREATOR OPPORTUNITIES;(C) COMMUNITY CONVERSATIONS: FREE IN-PERSON EVENTS INCLUDING PANELS AND ACTIVITIES FOR MARGINALIZED COMMUNITIES.

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

  1. 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.

  2. 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.

  3. 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.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since January 1986.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. 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.