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Fellowship for the Performing Arts, Inc.

Rating
Sector:

Christian Growth

Total
Revenue:

$1,738,907

Total
Expenses:

$1,547,482

Net
Assets:

$1,476,426
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Profile Contents

Research Analysis
Financial Information

Ministry Pie Chart

Database Avg This Ministry
Program 83.7% 80.3%
General & Admin 12.6% 7.4%
Fundraising 6.8% 2%
Savings -4.3% 11%


Ministry Pie Chart

Ministry Pie Chart

Age Size Box:

>50
Yr(s)25-50
<25
<$1m$1m-
$5m
>$5m

Summary

Fellowship for the Performing Arts, Inc. ("FPA") is a ministry whose mission is to penetrate the culture through the performing arts with the Word of God and to present the Bible and the biblical worldview in the marketplace of ideas by: informing the mind, inspiring the heart, and drawing people to God as creator and redeemer. Each year FPA works with theater companies, college fine arts series, performing arts venues, churches, radio and television stations to present compelling theatrical productions from the Bible. FPA also produces inspiring audio and video recordings of its theatrical presentations as well as a daily radio program of dramatic Scripture readings that can be heard on over 500 radio facilities on six continents. This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law.

Contact Information: [ Back to top ]

Mailing Address:1 High Street Court
Morristown, NJ
07960-7960
Website: www.listenersbible.com
Phone:(973) 984-3400
Email:You need to enable javascript to see the email

Organization Details [ Back to top ]

EIN: 521739276
CEO/President: Mr. Max McLean Tax Deductible: Yes
Chairman: Mr. Ron Joelson Fiscal Year End: March 31
Board Size: 6 Financial info from: 990
Founder: Member of ECFA: Yes
Year Founded: 1991 Member of ECFA since: 1996

Purpose [ Back to top ]

Fellowship for the Performing Arts, Inc. ("FPA") is a ministry whose mission is to penetrate the culture through the performing arts with the Word of God and to present the Bible and the biblical worldview in the marketplace of ideas by: informing the mind, inspiring the heart, and drawing people to God as creator and redeemer. FPA sponsors non-commercial historical and inspirational theatre productions at colleges, universities, theaters, houses of worship, prisons and conferences.

FPA presents performances of various books of the Old and New Testament. In addition to live performances, FPA produces a nationally syndicated, daily radio program and audio and video recordings of its theatrical presentations that can be heard throughout the world. This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law.

Mission Statement [ Back to top ]

FPA exists to glorify God by presenting the Bible through the performing arts in the marketplace of ideas.

Program Accomplishments [ Back to top ]

Need Program Accomoplishments info

Statement of Faith [ Back to top ]

Fellowship for the Performing Arts uses the following to communicate its values:

Nicene Creed
ECFA Statement of Faith

History [ Back to top ]

Fellowship for the Performing Arts ("FPA") came from Max McLean's vision to use the skills and techniques developed in the theatre to communicate the Bible. Max McLean spent years studying, memorizing, and meditating on the Scriptures in order to share its power.

In 1991 FPA was incorporated in Morristown, NJ and in 1992 received its tax exempt status. In 1996 FPA was accepted as a member of the Evangelical Council for Financial Accountability and continues to operate in accordance with the criteria of ECFA membership.

Ministry Needs [ Back to top ]

This organization has not offered MinistryWatch.com with specific needs to be posted on the profile. At such a time that MinistryWatch.com receives a response from the ministry, it will be posted immediately.

Research Analysis

Transparency Grade [ Back to top ]

Transparency Grade of : B
Criteria categoryGradeOther Comments
Timeliness:7010/28/2011 4:01:44 PM: Organization made financial information available greater than 7 ½ months.
Financial Information:90
Foundational Clarity:10010/28/2011 4:01:58 PM: Descriptive information was abundant and thorough.
Level of Cooperation:
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MinistryWatch.com 5 Star Financial Efficiency Ratings [ Back to top ]

Ranking CategoryRatingOverall RankChristian Growth Sector
Overall Efficiency RatingStarStarStar208 of 348    15 of 37
Fund Acquisition DecisionStarStarStar208 of 348      15 of 37
Resource Allocation Decision of 348      20 of 37
Asset Utilization Decision of 348      20 of 37
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Ministry Statement or Response [ Back to top ]

Financial Information:

Financial Ratios[ Back to top ]

Funding RatiosDatabase Average20082007200620052004
Return on FR Efforts10%10%11%33%0%0%
Fundraising Cost Ratio7%2%3%2%0%0%
Contributions Reliance83%20%29%7%0%0%
Fundraising Expense Ratio7%2%4%2%0%0%
Other Revenue Reliance17%80%71%93%0%0%
Operating RatiosDatabase Average20082007200620052004
Program Expense Ratio80%90%84%89%0%0%
Spending Ratio104%89%73%96%0%0%
Program Output Ratio84%80%61%86%0%0%
Savings Ratio-4%11%27%4%0%0%
Reserve Accumulation Rate4%13%30%4%0%0%
General & Admin Ratio13%7%11%8%0%0%
Investing RatiosDatabase Average20082007200620052004
Total Asset Turnover2.85x.97x.76x.92x0x0x
Degree of L-T Investment3.06x1.02x1.03x1.02x0x0x
Current Asset Turnover5.43x.99x.79x.94x0x0x
Age of Assets10.5yr(s)5.6yr(s)5yr(s)4.4yr(s)0.0yr(s)0.0yr(s)
Liquidity RatiosDatabase Average20082007200620052004
Current Ratio3276.63x12.41x19.04x4.49x0x0x
Current Liabilities Ratio.38x.08x.05x.22x0x0x
Liquid Reserve Level4.95x11.19x14.46x9.93x0x0x
Solvency RatiosDatabase Average20082007200620052004
Liabilities Ratio.3x.08x.05x.22x0x0x
Debt Ratio.07x0x0x0x0x0x
Reserve Coverage Ratio81%95%125%85%0%0%

Financials[ Back to top ]

Balance Sheet
Assets20082007200620052004
Cash$734,883$451,166$253,090$216,346$623,732
Receivables, Inventories & Prepaids$411,033$451,515$574,937$300,360$396,144
Short-Term Investments$423,099$408,010$300,000$399,616$0
Total Current Assets$1,569,015$1,310,691$1,128,027$916,322$1,019,876
Long-Term Investments$0$0$0$0$36,885
Fixed Assets$33,815$42,740$24,092$26,023$0
Other Long-Term Assets$0$0$0$0$0
Total Long-Term Assets$33,815$42,740$24,092$26,023$36,885
TOTAL ASSETS$1,602,830$1,353,431$1,152,119$942,345$1,056,761
Liabilities20082007200620052004
Payables & Accrued Expenses$126,404$68,848$251,365$82,124$168,162
Other Current Liabilities$0$0$0$0$53,525
Total Current Liabilities$126,404$68,848$251,365$82,124$221,687
Debt$0$0$0$0$0
Other Long-Term Liabilities$0$0$0$0$0
Total Long-Term Liabilities$0$0$0$0$0
TOTAL LIABILITIES$126,404$68,848$251,365$82,124$221,687
Assets20082007200620052004
Unrestricted$1,476,426$1,100,887$900,754$860,221$835,074
Temporarily Restricted$0$183,696$0$0$0
Permanently Restricted$0$0$0$0$0
NET ASSETS$1,476,426$1,284,583$900,754$860,221$835,074
Revenue and Expenses
Revenue20082007200620052004
Total Contributions$344,248$407,203$79,722$128,483$85,196
Program Service Revenue$399,097$78,358$138,873$37,788$42,675
Membership Dues$0$0$0$0$0
Investment Income$32,605$29,295$12,266$5,633($1,930)
Other Revenue$962,957$899,594$869,267$761,123$903,839
Total Other Revenue$1,394,659$1,007,247$1,020,406$804,544$944,584
TOTAL REVENUE$1,738,907$1,414,450$1,100,128$933,027$1,029,780
Expenses20082007200620052004
Program Services$1,397,720$869,598$944,876$791,285$822,419
Management & General$114,768$116,707$88,406$88,098$105,552
Fundraising$34,994$44,316$26,313$28,168$29,199
TOTAL EXPENSES$1,547,482$1,030,621$1,059,595$907,551$957,170
Change in Net Assets20082007200620052004
SURPLUS (DEFICIT)$191,425$383,829$40,533$25,476$72,610
Other Changes in Net Assets$418$0$0($329)$0
TOTAL CHANGE IN NET ASSETS$191,843$383,829$40,533$25,147$72,610