Alliance Of Resident Theatres New York Inc
Alliance Of Resident Theatres New York Inc shows significant asset growth but inconsistent annual financial performance with recent deficits.
EIN: 132768583 · New York, NY · NTEE: A010 · Updated: 2026-03-28
Is Alliance Of Resident Theatres New York Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Alliance Of Resident Theatres New York Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Alliance Of Resident Theatres New York Inc
Alliance Of Resident Theatres New York Inc (EIN: 132768583) is a nonprofit organization based in New York, NY, classified under NTEE code A010. The organization reported total revenue of $5.7M and total assets of $43.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alliance Of Resident Theatres New York Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Alliance Of Resident Theatres New York Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Alliance Of Resident Theatres New York Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, which is unusual for an organization of this size with assets exceeding $43 million. This could indicate that compensation is either not paid to officers, or it is reported under other expense categories, making it difficult to assess true executive overhead.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Alliance Of Resident Theatres New York Inc's IRS 990 filings:
- Significant deficit in the latest filing (202306) where expenses ($8,043,007) far exceeded revenue ($3,759,345).
- Dramatic increase in liabilities from $1.5 million in 202206 to over $25 million in 202306.
- Highly inconsistent revenue and expense figures year-over-year, indicating potential financial instability or reliance on volatile funding sources.
- Lack of clarity on executive compensation, consistently reported as 0% despite the organization's size.
Strengths
The following positive indicators were identified for Alliance Of Resident Theatres New York Inc:
- Substantial growth in assets from $11 million in 201406 to $48 million in 202306, indicating successful asset accumulation.
- Several periods of strong financial performance where revenue significantly exceeded expenses (e.g., 202206, 201906, 201706).
- Consistent reporting of 0% officer compensation, which, if accurate, suggests very low executive overhead.
Frequently Asked Questions about Alliance Of Resident Theatres New York Inc
Is Alliance Of Resident Theatres New York Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Alliance Of Resident Theatres New York Inc (EIN: 132768583) some concerns. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.
How does Alliance Of Resident Theatres New York Inc spend its money?
Alliance Of Resident Theatres New York Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Alliance Of Resident Theatres New York Inc tax-deductible?
Alliance Of Resident Theatres New York Inc is registered as a tax-exempt nonprofit (EIN: 132768583). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% for officer compensation across all filings is unusual for an organization with multi-million dollar revenues and assets. This could mean that executive roles are unpaid, or compensation is categorized differently and not reported under 'Officer Comp' on the 990.
What caused the significant increase in liabilities in 202306 to over $25 million?
The liabilities jumped from $1,518,228 in 202206 to $25,177,090 in 202306. This substantial increase warrants investigation to understand its nature, such as new debt, deferred revenue, or other obligations.
What is the detailed breakdown of program, administrative, and fundraising expenses?
Without a detailed functional expense breakdown, it's challenging to fully assess the organization's spending efficiency and how much of its budget directly supports its mission versus overhead.
What factors contribute to the large year-over-year fluctuations in revenue and expenses?
Revenue has ranged from $3.3 million to $13.9 million, and expenses from $3.3 million to $8 million. Understanding the drivers behind these significant swings, such as specific projects, grants, or economic conditions, is important for assessing financial stability.
Filing History
IRS 990 filing history for Alliance Of Resident Theatres New York Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Alliance Of Resident Theatres New York Inc's revenue has grown by 10.2%, moving from $3.4M to $3.8M. Total assets increased by 483.4% over the same period, from $8.2M to $48.0M. Total functional expenses rose by 152.4%, from $3.2M to $8.0M. In its most recent filing year (2023), Alliance Of Resident Theatres New York Inc reported a deficit of $4.3M, with expenses exceeding revenue. The organization holds $25.2M in liabilities against $48.0M in assets (debt-to-asset ratio: 52.4%), resulting in net assets of $22.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.8M | $8.0M | $48.0M | $25.2M | — | View 990 |
| 2022 | $9.0M | $7.2M | $28.5M | $1.5M | — | View 990 |
| 2021 | $3.6M | $5.0M | $28.3M | $2.6M | — | View 990 |
| 2020 | $4.3M | $7.9M | $28.7M | $2.3M | — | View 990 |
| 2019 | $8.8M | $5.3M | $31.8M | $1.6M | — | View 990 |
| 2018 | $5.6M | $5.0M | $28.5M | $1.8M | — | View 990 |
| 2017 | $14.0M | $4.1M | $27.8M | $1.7M | — | View 990 |
| 2016 | $8.6M | $3.8M | $18.0M | $1.8M | — | View 990 |
| 2015 | $5.6M | $3.5M | $13.2M | $1.9M | — | View 990 |
| 2014 | $3.4M | $3.4M | $11.1M | $1.9M | — | View 990 |
| 2013 | $4.9M | $3.4M | $11.0M | $1.9M | — | View 990 |
| 2012 | $4.4M | $3.1M | $9.4M | $1.8M | — | View 990 |
| 2011 | $3.4M | $3.2M | $8.2M | $1.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.8M, expenses of $8.0M, and assets of $48.0M (revenue -58.3% year-over-year).
- 2022: Revenue of $9.0M, expenses of $7.2M, and assets of $28.5M (revenue +147.0% year-over-year).
- 2021: Revenue of $3.6M, expenses of $5.0M, and assets of $28.3M (revenue -14.6% year-over-year).
- 2020: Revenue of $4.3M, expenses of $7.9M, and assets of $28.7M (revenue -51.7% year-over-year).
- 2019: Revenue of $8.8M, expenses of $5.3M, and assets of $31.8M (revenue +58.2% year-over-year).
- 2018: Revenue of $5.6M, expenses of $5.0M, and assets of $28.5M (revenue -59.9% year-over-year).
- 2017: Revenue of $14.0M, expenses of $4.1M, and assets of $27.8M (revenue +61.3% year-over-year).
- 2016: Revenue of $8.6M, expenses of $3.8M, and assets of $18.0M (revenue +53.1% year-over-year).
- 2015: Revenue of $5.6M, expenses of $3.5M, and assets of $13.2M (revenue +67.3% year-over-year).
- 2014: Revenue of $3.4M, expenses of $3.4M, and assets of $11.1M (revenue -31.6% year-over-year).
- 2013: Revenue of $4.9M, expenses of $3.4M, and assets of $11.0M (revenue +12.8% year-over-year).
- 2012: Revenue of $4.4M, expenses of $3.1M, and assets of $9.4M (revenue +28.3% year-over-year).
- 2011: Revenue of $3.4M, expenses of $3.2M, and assets of $8.2M.
Data Sources and Methodology
This transparency report for Alliance Of Resident Theatres New York Inc 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.