Quick charity verification for New York Theatre Workshop Inc (EIN: 133131491)
Verdict: New York Theatre Workshop Inc appears trustworthy
90/100Mission Score
$9.2MRevenue
$14.0MAssets
1Red Flags
5Strengths
Red Flags
Consistent 0% officer compensation for an organization of this size is unusual and may warrant further investigation into how leadership is compensated or if it's reported differently.
Strengths
Strong asset growth, nearly doubling from $8.4 million in 2014 to $15.4 million in 2023, indicates sound financial management.
Consistent reporting of 0% officer compensation suggests a strong focus on mission and efficient use of funds.
Healthy balance sheet with relatively low liabilities compared to assets, indicating low financial risk.
Long history of IRS 990 filings (13 periods) demonstrates commitment to transparency and compliance.
Significant revenue generation, with latest revenue at $9.2 million, supporting substantial operations.
Spending Breakdown
How New York Theatre Workshop Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about New York Theatre Workshop Inc
Is New York Theatre Workshop Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New York Theatre Workshop Inc (EIN: 133131491) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is New York Theatre Workshop Inc a good charity to donate to?
New York Theatre Workshop Inc has a Mission Score of 90/100. Revenue: $9.2M. Assets: $14.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New York Theatre Workshop Inc?
The Employer Identification Number (EIN) for New York Theatre Workshop Inc is 133131491. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does New York Theatre Workshop Inc spend its money?
New York Theatre Workshop Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New York Theatre Workshop Inc's tax-exempt status?
You can verify New York Theatre Workshop Inc's tax-exempt status using EIN 133131491 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
New York Theatre Workshop Inc. demonstrates a generally stable financial position with consistent revenue streams over the past decade, ranging from $4.8 million to $12.3 million. The organization's assets have shown significant growth, nearly doubling from $8.4 million in 2014 to $15.4 million in 2023, indicating sound financial management and asset accumulation. While there was a deficit in 2023 with expenses exceeding revenue by approximately $789,000, this follows a strong surplus in 2022 of over $4 million, suggesting strategic financial planning or investment in programs. The organization consistently reports 0% officer compensation, which is a strong indicator of transparency and a focus on mission-related spending rather than executive enrichment.
Spending efficiency appears to be a strength, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that a significant portion of funds is likely directed towards program services and operational needs rather than high executive salaries. The organization's liabilities have remained relatively low compared to its assets, with the highest reported at $1.9 million in 2021 against assets of $13.8 million, indicating a healthy balance sheet and low financial risk. The consistent filing of IRS 990 forms over 13 periods further demonstrates a commitment to transparency and regulatory compliance.
Overall, New York Theatre Workshop Inc. exhibits good financial health, strong asset growth, and a commendable level of transparency, particularly regarding executive compensation. The fluctuations in annual revenue and expenses are not uncommon for arts organizations and appear to be managed effectively, maintaining a robust asset base.