Is Queens Theatre In The Park Inc Legit?

Queens Theatre In The Park Inc demonstrates generally stable financial health over the past decade, with revenues and expenses typically in close alignment, indicating a balanced operational budget. The organization experienced a significant revenue spike in 2022 to $14,703,338, which was largely matched by expenses at $14,589,492, suggesting a specific project or event that year. Excluding this anomaly, annual revenues consistently hover between $1.5 million and $2.8 million. The organization's assets have shown a gradual increase over time, from $856,562 in 2014 to $1,481,433 in 2023, indicating some financial growth and stability. Liabilities have remained relatively low compared to assets, suggesting good financial management and a low risk of insolvency. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries, which is highly commendable for a nonprofit.