Boulder Ensemble Theatre Company
Boulder Ensemble Theatre Company reports recent deficit despite long-term asset growth and zero officer compensation.
EIN: 208613113 · Boulder, CO · NTEE: A65 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $634K |
| Program Spending | 85% |
| Net Assets | $163K |
| Transparency Score | 85/100 |
Is Boulder Ensemble Theatre Company Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Boulder Ensemble Theatre Company directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Boulder Ensemble Theatre Company
Boulder Ensemble Theatre Company (EIN: 208613113) is a nonprofit organization based in Boulder, CO, classified under NTEE code A65. The organization reported total revenue of $1.4M and total assets of $538K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Boulder Ensemble Theatre Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Boulder Ensemble Theatre Company is a mid-size nonprofit that has been operating for 17 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 12.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $506K |
| Total Expenses | $634K |
| Surplus / Deficit | $-127,792 |
| Total Assets | $172K |
| Total Liabilities | $9K |
| Net Assets | $163K |
| Operating Margin | -25.3% |
| Debt-to-Asset Ratio | 5.1% |
| Months of Reserves | 3.3 months |
Financial Health Grade: B
In 2023, Boulder Ensemble Theatre Company reported a deficit of $128K with expenses exceeding revenue, holds 3.3 months of operating reserves (adequate), has a debt-to-asset ratio of 5.1% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Boulder Ensemble Theatre Company's revenue has grown at a compound annual growth rate (CAGR) of 12.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -29.8% | +3.3% | -57.4% |
| 2022 | +28.8% | +33.5% | +48.3% |
| 2021 | -10.4% | -26.8% | +68.0% |
| 2020 | +0.4% | -1.8% | +13.0% |
| 2019 | +24.0% | +29.3% | -1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 Boulder Ensemble Theatre 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Boulder Ensemble Theatre Company allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 deficit of $128K, with expenses exceeding revenue.
- Debt-to-asset ratio: 5.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of this size and suggests a strong commitment to directing funds to programs.
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 Boulder Ensemble Theatre Company's IRS 990 filings:
- Recent operating deficit (202306: Expenses $633,890 vs. Revenue $506,098)
- Significant year-over-year decrease in assets (from $403,675 in 202206 to $171,772 in 202306)
Strengths
The following positive indicators were identified for Boulder Ensemble Theatre Company:
- Consistent 0% officer compensation reported across all filings, indicating strong financial stewardship and program focus.
- Long-term growth in assets from $90,433 in 2014 to $538,190 currently (despite recent dip), showing financial stability over time.
- Positive revenue growth trend over the past decade, with latest revenue at $1,389,619.
- Low liabilities relative to assets in most periods, indicating good financial health.
Frequently Asked Questions about Boulder Ensemble Theatre Company
Is Boulder Ensemble Theatre Company a legitimate charity?
Based on AI analysis of IRS 990 filings, Boulder Ensemble Theatre Company (EIN: 208613113) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Boulder Ensemble Theatre Company spend its money?
Boulder Ensemble Theatre Company directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Boulder Ensemble Theatre Company tax-deductible?
Boulder Ensemble Theatre Company is registered as a tax-exempt nonprofit (EIN: 208613113). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Boulder Ensemble Theatre Company's spending goes to programs?
Boulder Ensemble Theatre Company directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Boulder Ensemble Theatre Company compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Boulder Ensemble Theatre Company is above average for NTEE category A65 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Boulder Ensemble Theatre Company located?
Boulder Ensemble Theatre Company is headquartered in Boulder, Colorado and files with the IRS under EIN 208613113. It is classified under NTEE code A65.
How many years of IRS 990 filings does Boulder Ensemble Theatre Company have?
Boulder Ensemble Theatre Company has 12 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 $1.4M in total revenue.
Why did Boulder Ensemble Theatre Company experience a deficit in the 202306 period, with expenses ($633,890) exceeding revenue ($506,098)?
The provided data indicates a deficit in the most recent filing period (202306). Further investigation into the detailed 990 form for that year would be needed to understand specific expense categories that led to this deficit and if it was planned or unexpected.
How does Boulder Ensemble Theatre Company sustain operations without paying officer compensation?
The consistent reporting of 0% officer compensation suggests that executive leadership may be volunteer-based, compensated through other means not reported on the 990 (e.g., through a related entity), or that the organization operates with a very lean administrative structure where key roles are not compensated as officers.
What caused the significant drop in assets from $403,675 in 202206 to $171,772 in 202306?
The substantial decrease in assets in the latest filing period could be due to significant capital expenditures, investment losses, or the use of reserves to cover operational deficits. A detailed review of the 202306 990 balance sheet would clarify this.
Filing History
IRS 990 filing history for Boulder Ensemble Theatre Company showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Boulder Ensemble Theatre Company's revenue has grown by 262.1%, moving from $140K to $506K. Total assets increased by 309.6% over the same period, from $42K to $172K. Total functional expenses rose by 447.9%, from $116K to $634K. In its most recent filing year (2023), Boulder Ensemble Theatre Company reported a deficit of $128K, with expenses exceeding revenue. The organization holds $9K in liabilities against $172K in assets (debt-to-asset ratio: 5.1%), resulting in net assets of $163K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $506K | $634K | $172K | $9K | — | View 990 |
| 2022 | $721K | $614K | $404K | $113K | — | View 990 |
| 2021 | $560K | $460K | $272K | $89K | — | View 990 |
| 2020 | $625K | $629K | $162K | $79K | — | View 990 |
| 2019 | $623K | $640K | $143K | $57K | — | View 990 |
| 2018 | $502K | $495K | $145K | $41K | — | View 990 |
| 2017 | $463K | $459K | $122K | $24K | — | View 990 |
| 2016 | $430K | $419K | $112K | $19K | — | View 990 |
| 2015 | $337K | $349K | $103K | $20K | — | View 990 |
| 2014 | $297K | $260K | $90K | $15K | — | View 990 |
| 2013 | $166K | $168K | $40K | $860 | — | View 990 |
| 2012 | $140K | $116K | $42K | $183 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $506K, expenses of $634K, and assets of $172K (revenue -29.8% year-over-year).
- 2022: Revenue of $721K, expenses of $614K, and assets of $404K (revenue +28.8% year-over-year).
- 2021: Revenue of $560K, expenses of $460K, and assets of $272K (revenue -10.4% year-over-year).
- 2020: Revenue of $625K, expenses of $629K, and assets of $162K (revenue +0.4% year-over-year).
- 2019: Revenue of $623K, expenses of $640K, and assets of $143K (revenue +24.0% year-over-year).
- 2018: Revenue of $502K, expenses of $495K, and assets of $145K (revenue +8.4% year-over-year).
- 2017: Revenue of $463K, expenses of $459K, and assets of $122K (revenue +7.8% year-over-year).
- 2016: Revenue of $430K, expenses of $419K, and assets of $112K (revenue +27.4% year-over-year).
- 2015: Revenue of $337K, expenses of $349K, and assets of $103K (revenue +13.6% year-over-year).
- 2014: Revenue of $297K, expenses of $260K, and assets of $90K (revenue +79.4% year-over-year).
- 2013: Revenue of $166K, expenses of $168K, and assets of $40K (revenue +18.4% year-over-year).
- 2012: Revenue of $140K, expenses of $116K, and assets of $42K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Boulder Ensemble Theatre Company:
Data Sources and Methodology
This transparency report for Boulder Ensemble Theatre 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.