2 Nd Story Theatre
EIN: 510143381 · Providence, RI
| Metric | Value |
|---|---|
| Total Expenses | $710K |
| Net Assets | $1.9M |
Is 2 Nd Story Theatre Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About 2 Nd Story Theatre
2 Nd Story Theatre (EIN: 510143381) is a nonprofit organization based in Providence, RI. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 2 Nd Story Theatre's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
2 Nd Story Theatre is a mid-size nonprofit, with 7 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of 11.1%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $710K |
| Surplus / Deficit | +$568K |
| Total Assets | $2.3M |
| Total Liabilities | $414K |
| Net Assets | $1.9M |
| Operating Margin | 44.5% |
| Debt-to-Asset Ratio | 18.1% |
| Months of Reserves | 38.7 months |
Financial Health Grade: A
In 2017, 2 Nd Story Theatre reported a surplus of $568K with revenue exceeding expenses, holds 38.7 months of operating reserves (strong position), has a debt-to-asset ratio of 18.1% (very low leverage).
Financial Trends
Over 7 years of filings (2011–2017), 2 Nd Story Theatre's revenue has grown at a compound annual growth rate (CAGR) of 11.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | +69.2% | +16.2% | +51.0% |
| 2016 | -3.9% | -18.3% | +6.0% |
| 2015 | -0.2% | -7.7% | +6.3% |
| 2014 | -15.6% | +2.8% | +-0.0% |
| 2013 | +33.6% | +17.2% | +18.5% |
AI Analysis Pending
AI enrichment for 2 Nd Story Theatre has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates 2 Nd Story Theatre with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $568K, with revenue exceeding expenses.
- Debt-to-asset ratio: 18.1%.
Frequently Asked Questions about 2 Nd Story Theatre
Is 2 Nd Story Theatre a legitimate charity?
2 Nd Story Theatre (EIN: 510143381) is a registered tax-exempt nonprofit based in Rhode Island. It has 7 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does 2 Nd Story Theatre spend its money?
2 Nd Story Theatre reported its financials in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to 2 Nd Story Theatre tax-deductible?
2 Nd Story Theatre is registered as a tax-exempt nonprofit (EIN: 510143381). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is 2 Nd Story Theatre located?
2 Nd Story Theatre is headquartered in Providence, Rhode Island and files with the IRS under EIN 510143381.
How many years of IRS 990 filings does 2 Nd Story Theatre have?
2 Nd Story Theatre has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for 2 Nd Story Theatre showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2017), 2 Nd Story Theatre's revenue has grown by 88.2%, moving from $679K to $1.3M. Total assets increased by 109.2% over the same period, from $1.1M to $2.3M. Total functional expenses rose by 18.5%, from $599K to $710K. In its most recent filing year (2017), 2 Nd Story Theatre reported a surplus of $568K, with revenue exceeding expenses. The organization holds $414K in liabilities against $2.3M in assets (debt-to-asset ratio: 18.1%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $1.3M | $710K | $2.3M | $414K | — | View 990 |
| 2016 | $755K | $611K | $1.5M | $210K | — | View 990 |
| 2015 | $786K | $747K | $1.4M | $269K | — | View 990 |
| 2014 | $788K | $810K | $1.3M | $224K | — | View 990 |
| 2013 | $934K | $788K | $1.3M | $202K | — | View 990 |
| 2012 | $699K | $672K | $1.1M | $137K | — | View 990 |
| 2011 | $679K | $599K | $1.1M | $129K | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $1.3M, expenses of $710K, and assets of $2.3M (revenue +69.2% year-over-year).
- 2016: Revenue of $755K, expenses of $611K, and assets of $1.5M (revenue -3.9% year-over-year).
- 2015: Revenue of $786K, expenses of $747K, and assets of $1.4M (revenue -0.2% year-over-year).
- 2014: Revenue of $788K, expenses of $810K, and assets of $1.3M (revenue -15.6% year-over-year).
- 2013: Revenue of $934K, expenses of $788K, and assets of $1.3M (revenue +33.6% year-over-year).
- 2012: Revenue of $699K, expenses of $672K, and assets of $1.1M (revenue +2.9% year-over-year).
- 2011: Revenue of $679K, expenses of $599K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for 2 Nd Story Theatre:
Data Sources and Methodology
This transparency report for 2 Nd Story Theatre is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.