Classical Theatre Of Harlem
Classical Theatre Of Harlem shows strong financial growth and zero executive compensation over the past decade.
EIN: 134046782 · New York, NY · NTEE: A60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.3M |
| Total Expenses | $3.0M |
| Program Spending | 90% |
| Net Assets | $3.0M |
| Transparency Score | 95/100 |
Is Classical Theatre Of Harlem Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Classical Theatre Of Harlem directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Classical Theatre Of Harlem
Classical Theatre Of Harlem (EIN: 134046782) is a nonprofit organization based in New York, NY, classified under NTEE code A60. The organization reported total revenue of $3.3M and total assets of $4.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Classical Theatre Of Harlem's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Classical Theatre Of Harlem is a mid-size nonprofit that has been operating for 25 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 19.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.3M |
| Total Expenses | $3.0M |
| Surplus / Deficit | +$290K |
| Total Assets | $3.1M |
| Total Liabilities | $52K |
| Net Assets | $3.0M |
| Operating Margin | 8.9% |
| Debt-to-Asset Ratio | 1.7% |
| Months of Reserves | 12.3 months |
Financial Health Grade: A
In 2023, Classical Theatre Of Harlem reported a surplus of $290K with revenue exceeding expenses, holds 12.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.7% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Classical Theatre Of Harlem's revenue has grown at a compound annual growth rate (CAGR) of 19.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +58.0% | +35.8% | +11.4% |
| 2022 | -11.3% | +127.9% | -9.6% |
| 2021 | +14.3% | -36.3% | +91.7% |
| 2020 | +69.2% | +62.5% | +106.8% |
| 2018 | -18.6% | -20.7% | +19.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2001 |
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 Classical Theatre Of Harlem with a Mission Score of 95 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, Classical Theatre Of Harlem 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $290K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.7%.
Executive Compensation Analysis
The Classical Theatre Of Harlem consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its size and revenue, suggesting a volunteer-led executive structure or compensation through other means not classified as officer compensation.
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 Classical Theatre Of Harlem's IRS 990 filings:
- Unusually low or zero reported officer compensation may warrant further investigation to understand how leadership is compensated, if at all, to ensure sustainability and proper classification of expenses.
Strengths
The following positive indicators were identified for Classical Theatre Of Harlem:
- Consistent revenue growth, from $421,772 in 2013 to $3,266,868 in 2023, indicates increasing public support.
- Zero reported officer compensation across all filings demonstrates a strong commitment to directing funds to programs.
- Healthy asset growth, from $208,564 in 2013 to $3,058,017 in 2023, shows increasing financial stability.
- Positive net income in most recent years (e.g., $290,048 in 2023) indicates sound financial management.
- Low liabilities relative to assets (e.g., $51,965 liabilities vs. $3,058,017 assets in 2023) suggests strong financial health.
Frequently Asked Questions about Classical Theatre Of Harlem
Is Classical Theatre Of Harlem a legitimate charity?
Classical Theatre Of Harlem (EIN: 134046782) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 12 years of IRS 990 filings on record. Total revenue: $3.3M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Classical Theatre Of Harlem spend its money?
Classical Theatre Of Harlem directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Classical Theatre Of Harlem tax-deductible?
Classical Theatre Of Harlem is registered as a tax-exempt nonprofit (EIN: 134046782). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Classical Theatre Of Harlem's spending goes to programs?
Classical Theatre Of Harlem directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Classical Theatre Of Harlem compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Classical Theatre Of Harlem is above average for NTEE category A60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Classical Theatre Of Harlem located?
Classical Theatre Of Harlem is headquartered in New York, New York and files with the IRS under EIN 134046782. It is classified under NTEE code A60.
How many years of IRS 990 filings does Classical Theatre Of Harlem have?
Classical Theatre Of Harlem 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 $3.3M in total revenue.
Is Classical Theatre Of Harlem a good charity?
Based on its strong financial growth, consistent surplus generation, and zero reported officer compensation, Classical Theatre Of Harlem appears to be a very well-managed and mission-focused charity.
How has the organization's revenue changed over time?
The organization has experienced significant revenue growth, increasing from $421,772 in 2013 to $3,266,868 in 2023, demonstrating increasing support and financial capacity.
What is the organization's approach to executive compensation?
Classical Theatre Of Harlem consistently reports 0% officer compensation, indicating that its leadership is either entirely volunteer-based or compensated through non-officer roles, which is a strong indicator of resource allocation towards its mission.
Filing History
IRS 990 filing history for Classical Theatre Of Harlem showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Classical Theatre Of Harlem's revenue has grown by 779.4%, moving from $371K to $3.3M. Total assets increased by 1125% over the same period, from $250K to $3.1M. Total functional expenses rose by 1756.6%, from $160K to $3.0M. In its most recent filing year (2023), Classical Theatre Of Harlem reported a surplus of $290K, with revenue exceeding expenses. The organization holds $52K in liabilities against $3.1M in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $3.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.3M | $3.0M | $3.1M | $52K | — | View 990 |
| 2022 | $2.1M | $2.2M | $2.7M | $51K | — | View 990 |
| 2021 | $2.3M | $962K | $3.0M | $218K | — | View 990 |
| 2020 | $2.0M | $1.5M | $1.6M | $136K | — | View 990 |
| 2018 | $1.2M | $929K | $766K | $36K | — | View 990 |
| 2017 | $1.5M | $1.2M | $641K | $188K | — | — |
| 2016 | $1.0M | $927K | $412K | $269K | — | View 990 |
| 2015 | $699K | $567K | $341K | $309K | — | View 990 |
| 2014 | $500K | $536K | $223K | $323K | — | View 990 |
| 2013 | $422K | $285K | $209K | $273K | — | View 990 |
| 2012 | $270K | $462K | $34K | $235K | — | View 990 |
| 2011 | $371K | $160K | $250K | $259K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.3M, expenses of $3.0M, and assets of $3.1M (revenue +58.0% year-over-year).
- 2022: Revenue of $2.1M, expenses of $2.2M, and assets of $2.7M (revenue -11.3% year-over-year).
- 2021: Revenue of $2.3M, expenses of $962K, and assets of $3.0M (revenue +14.3% year-over-year).
- 2020: Revenue of $2.0M, expenses of $1.5M, and assets of $1.6M (revenue +69.2% year-over-year).
- 2018: Revenue of $1.2M, expenses of $929K, and assets of $766K (revenue -18.6% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.2M, and assets of $641K (revenue +43.0% year-over-year).
- 2016: Revenue of $1.0M, expenses of $927K, and assets of $412K (revenue +48.2% year-over-year).
- 2015: Revenue of $699K, expenses of $567K, and assets of $341K (revenue +39.8% year-over-year).
- 2014: Revenue of $500K, expenses of $536K, and assets of $223K (revenue +18.7% year-over-year).
- 2013: Revenue of $422K, expenses of $285K, and assets of $209K (revenue +56.4% year-over-year).
- 2012: Revenue of $270K, expenses of $462K, and assets of $34K (revenue -27.4% year-over-year).
- 2011: Revenue of $371K, expenses of $160K, and assets of $250K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Classical Theatre Of Harlem:
Data Sources and Methodology
This transparency report for Classical Theatre Of Harlem 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.