Arab Musical Theatre Inc
Arab Musical Theatre Inc maintains stable finances with volunteer leadership and no debt.
EIN: 201030399 · Arab, AL · NTEE: A65 · Updated: 2026-03-28
About Arab Musical Theatre Inc
Arab Musical Theatre Inc (EIN: 201030399) is a nonprofit organization based in Arab, AL, classified under NTEE code A65. The organization reported total revenue of $56K and total assets of $18K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Arab Musical Theatre 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 Arab Musical Theatre Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Arab Musical Theatre Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating a volunteer-led organization. This is highly positive for a small nonprofit, as it means all funds can be directed towards the organization's mission rather than administrative salaries.
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.
Strengths
The following positive indicators were identified for Arab Musical Theatre Inc:
- Consistent positive net income in recent years (e.g., $3,338 in 2023, $10,254 in 2022).
- Zero reported liabilities across all 13 filings, indicating strong financial health and no debt.
- 0% officer compensation reported consistently, suggesting volunteer leadership and efficient use of funds.
- Healthy asset base relative to its size, with assets of $44,131 in 2023.
- Consistent IRS 990 filing history over 13 periods, demonstrating transparency and compliance.
Frequently Asked Questions about Arab Musical Theatre Inc
Is Arab Musical Theatre Inc a good charity?
Based on the provided financial data, Arab Musical Theatre Inc appears to be a good charity. It consistently operates with revenues generally exceeding expenses, maintains a healthy asset base with no liabilities, and reports 0% officer compensation, indicating efficient use of funds and volunteer leadership.
How does Arab Musical Theatre Inc manage its finances?
The organization manages its finances prudently, consistently maintaining a positive net income in most recent years (e.g., $3,338 in 2023, $10,254 in 2022) and holding no liabilities across all reported periods. Assets have fluctuated but remain substantial relative to its revenue, reaching $44,131 in 2023.
What is the trend in Arab Musical Theatre Inc's revenue and expenses?
Revenue has fluctuated over the years, ranging from a low of $45,966 in 2023 to a high of $91,153 in 2015. Expenses have also varied, with some years showing expenses exceeding revenue (e.g., 2021, 2018, 2017, 2016), but recent years (2023, 2022, 2020) show revenues comfortably covering expenses.
Filing History
IRS 990 filing history for Arab Musical Theatre Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Arab Musical Theatre Inc's revenue has declined by 29.6%, moving from $65K to $46K. Total assets increased by 1.6% over the same period, from $43K to $44K. Total functional expenses fell by 26.6%, from $58K to $43K. In its most recent filing year (2023), Arab Musical Theatre Inc reported a surplus of $3K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $46K | $43K | $44K | $0 | — | — |
| 2022 | $57K | $46K | $41K | $0 | — | — |
| 2021 | $51K | $65K | $31K | $0 | — | View 990 |
| 2020 | $69K | $39K | $45K | $0 | — | — |
| 2019 | $70K | $62K | $15K | $0 | — | View 990 |
| 2018 | $58K | $88K | $7K | $0 | — | View 990 |
| 2017 | $64K | $118K | $36K | $0 | — | View 990 |
| 2016 | $77K | $101K | $91K | $0 | — | View 990 |
| 2015 | $91K | $81K | $115K | $0 | — | View 990 |
| 2014 | $52K | $26K | $104K | $0 | — | View 990 |
| 2013 | $59K | $42K | $78K | $0 | — | — |
| 2012 | $68K | $50K | $61K | $0 | — | — |
| 2011 | $65K | $58K | $43K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $46K, expenses of $43K, and assets of $44K (revenue -18.9% year-over-year).
- 2022: Revenue of $57K, expenses of $46K, and assets of $41K (revenue +12.1% year-over-year).
- 2021: Revenue of $51K, expenses of $65K, and assets of $31K (revenue -26.8% year-over-year).
- 2020: Revenue of $69K, expenses of $39K, and assets of $45K (revenue -1.7% year-over-year).
- 2019: Revenue of $70K, expenses of $62K, and assets of $15K (revenue +20.4% year-over-year).
- 2018: Revenue of $58K, expenses of $88K, and assets of $7K (revenue -8.0% year-over-year).
- 2017: Revenue of $64K, expenses of $118K, and assets of $36K (revenue -17.1% year-over-year).
- 2016: Revenue of $77K, expenses of $101K, and assets of $91K (revenue -16.0% year-over-year).
- 2015: Revenue of $91K, expenses of $81K, and assets of $115K (revenue +76.5% year-over-year).
- 2014: Revenue of $52K, expenses of $26K, and assets of $104K (revenue -12.9% year-over-year).
- 2013: Revenue of $59K, expenses of $42K, and assets of $78K (revenue -12.4% year-over-year).
- 2012: Revenue of $68K, expenses of $50K, and assets of $61K (revenue +3.6% year-over-year).
- 2011: Revenue of $65K, expenses of $58K, and assets of $43K.
Data Sources and Methodology
This transparency report for Arab Musical Theatre 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.