Atlantic Theater Company
Atlantic Theater Company shows strong revenue growth and asset accumulation, with consistent positive net income in recent years.
EIN: 133218253 · New York, NY · NTEE: A650 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $17.0M |
| Total Expenses | $15.1M |
| Program Spending | 75% |
| Net Assets | $11.4M |
| Transparency Score | 85/100 |
Is Atlantic Theater Company Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Atlantic Theater Company directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Atlantic Theater Company
Atlantic Theater Company (EIN: 133218253) is a nonprofit organization based in New York, NY, classified under NTEE code A650. The organization reported total revenue of $17.0M and total assets of $29.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Atlantic Theater Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Atlantic Theater Company is a large nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $16.8M |
| Total Expenses | $15.1M |
| Surplus / Deficit | +$1.8M |
| Total Assets | $27.7M |
| Total Liabilities | $16.3M |
| Net Assets | $11.4M |
| Operating Margin | 10.5% |
| Debt-to-Asset Ratio | 58.8% |
| Months of Reserves | 22.1 months |
Financial Health Grade: A
In 2023, Atlantic Theater Company reported a surplus of $1.8M with revenue exceeding expenses, holds 22.1 months of operating reserves (strong position), has a debt-to-asset ratio of 58.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Atlantic Theater Company's revenue has grown at a compound annual growth rate (CAGR) of 6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.9% | +1.8% | +1.5% |
| 2022 | +124.8% | +90.8% | +2.8% |
| 2021 | -18.4% | -33.8% | +15.0% |
| 2020 | -16.8% | -6.5% | +126.9% |
| 2019 | -0.2% | +4.8% | -16.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Atlantic Theater Company with a Mission Score of 85 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Atlantic Theater Company allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 58.8%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, suggesting that the organization's highest-ranking officers are either uncompensated or their compensation is reported in a different section not captured by this summary, which is a positive indicator for resource allocation directly to mission.
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 Atlantic Theater Company's IRS 990 filings:
- Significant increase in liabilities over recent years, from $3,790,289 in 201908 to $16,310,243 in 202308, which needs careful monitoring.
Strengths
The following positive indicators were identified for Atlantic Theater Company:
- Strong revenue growth, with recent periods exceeding $16 million.
- Consistent positive net income in recent years, indicating financial stability (e.g., $1,759,207 in 202308).
- Substantial asset growth, from $10,190,073 in 201908 to $29,408,490 currently.
- Consistent reporting of 0% officer compensation, suggesting efficient use of funds for mission-related activities.
- Long and consistent IRS 990 filing history (13 filings), demonstrating good transparency.
Frequently Asked Questions about Atlantic Theater Company
Is Atlantic Theater Company a legitimate charity?
Atlantic Theater Company (EIN: 133218253) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $17.0M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Atlantic Theater Company spend its money?
Atlantic Theater Company directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Atlantic Theater Company tax-deductible?
Atlantic Theater Company is registered as a tax-exempt nonprofit (EIN: 133218253). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Atlantic Theater Company's spending goes to programs?
Atlantic Theater Company directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Atlantic Theater Company compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Atlantic Theater Company is above average for NTEE category A650 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Atlantic Theater Company located?
Atlantic Theater Company is headquartered in New York, New York and files with the IRS under EIN 133218253. It is classified under NTEE code A650.
How many years of IRS 990 filings does Atlantic Theater Company have?
Atlantic Theater Company has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $17.0M in total revenue.
Is Atlantic Theater Company a good charity?
Based on the available financial data, Atlantic Theater Company appears to be a well-managed organization with strong financial health, consistent revenue, and growing assets. The consistent reporting of 0% officer compensation is also a positive sign. However, a detailed breakdown of program vs. administrative spending would provide a more complete picture of efficiency.
How has Atlantic Theater Company's financial health changed over time?
Atlantic Theater Company has shown significant financial growth. Revenue has increased from around $9-12 million in the mid-2010s to over $16 million in recent years. Assets have also grown substantially, from approximately $10 million in 201908 to nearly $30 million currently, indicating strong financial development.
What is the trend in Atlantic Theater Company's liabilities?
Liabilities have shown a notable increase, rising from around $3-5 million in the mid-2010s to $16,310,243 in 202308. While assets have grown significantly, the increasing liabilities warrant monitoring to ensure they remain manageable relative to the organization's overall financial strength.
Filing History
IRS 990 filing history for Atlantic Theater Company showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Atlantic Theater Company's revenue has grown by 111.6%, moving from $7.9M to $16.8M. Total assets increased by 284.3% over the same period, from $7.2M to $27.7M. Total functional expenses rose by 114%, from $7.0M to $15.1M. In its most recent filing year (2023), Atlantic Theater Company reported a surplus of $1.8M, with revenue exceeding expenses. The organization holds $16.3M in liabilities against $27.7M in assets (debt-to-asset ratio: 58.8%), resulting in net assets of $11.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $16.8M | $15.1M | $27.7M | $16.3M | — | View 990 |
| 2022 | $18.9M | $14.8M | $27.3M | $17.7M | — | View 990 |
| 2021 | $8.4M | $7.8M | $26.6M | $21.0M | — | View 990 |
| 2020 | $10.3M | $11.7M | $23.1M | $18.2M | — | — |
| 2019 | $12.4M | $12.5M | $10.2M | $3.8M | — | View 990 |
| 2018 | $12.4M | $12.0M | $12.2M | $5.6M | — | View 990 |
| 2017 | $11.1M | $10.9M | $9.9M | $3.8M | — | View 990 |
| 2016 | $9.7M | $9.9M | $9.3M | $3.3M | — | View 990 |
| 2015 | $9.3M | $9.7M | $9.7M | $3.5M | — | View 990 |
| 2014 | $9.4M | $9.3M | $10.5M | $4.0M | — | View 990 |
| 2013 | $7.7M | $7.6M | $10.6M | $4.0M | — | View 990 |
| 2012 | $10.0M | $7.1M | $11.0M | $4.6M | — | View 990 |
| 2011 | $7.9M | $7.0M | $7.2M | $3.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $16.8M, expenses of $15.1M, and assets of $27.7M (revenue -10.9% year-over-year).
- 2022: Revenue of $18.9M, expenses of $14.8M, and assets of $27.3M (revenue +124.8% year-over-year).
- 2021: Revenue of $8.4M, expenses of $7.8M, and assets of $26.6M (revenue -18.4% year-over-year).
- 2020: Revenue of $10.3M, expenses of $11.7M, and assets of $23.1M (revenue -16.8% year-over-year).
- 2019: Revenue of $12.4M, expenses of $12.5M, and assets of $10.2M (revenue -0.2% year-over-year).
- 2018: Revenue of $12.4M, expenses of $12.0M, and assets of $12.2M (revenue +11.9% year-over-year).
- 2017: Revenue of $11.1M, expenses of $10.9M, and assets of $9.9M (revenue +13.9% year-over-year).
- 2016: Revenue of $9.7M, expenses of $9.9M, and assets of $9.3M (revenue +4.2% year-over-year).
- 2015: Revenue of $9.3M, expenses of $9.7M, and assets of $9.7M (revenue -0.5% year-over-year).
- 2014: Revenue of $9.4M, expenses of $9.3M, and assets of $10.5M (revenue +21.4% year-over-year).
- 2013: Revenue of $7.7M, expenses of $7.6M, and assets of $10.6M (revenue -23.1% year-over-year).
- 2012: Revenue of $10.0M, expenses of $7.1M, and assets of $11.0M (revenue +26.4% year-over-year).
- 2011: Revenue of $7.9M, expenses of $7.0M, and assets of $7.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Atlantic Theater Company:
Data Sources and Methodology
This transparency report for Atlantic Theater Company 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.