Count Basie Theatre Inc
Count Basie Theatre Inc: Strong Revenue Growth and Program Focus
EIN: 221950890 · Red Bank, NJ · NTEE: A610 · Updated: 2026-04-04
Is Count Basie Theatre Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Count Basie Theatre Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Count Basie Theatre Inc
Count Basie Theatre Inc (EIN: 221950890) is a nonprofit organization based in Red Bank, NJ, classified under NTEE code A610. The organization reported total revenue of $64.2M and total assets of $74.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Count Basie 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 Count Basie Theatre Inc 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: 80%
- fundraising: 10%
According to IRS 990 filings, Count Basie Theatre Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation appears reasonable given the organization's scale and revenue growth, with no red flags identified in the available filings.
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 Count Basie Theatre Inc:
- Consistent and significant revenue growth, from $10,735,757 in 2020 to $29,098,598 in 2024.
- Strong asset growth, increasing from $55,404,363 in 2020 to $73,513,850 in 2024.
- Healthy program spending, indicating a strong commitment to its mission.
- Low administrative and fundraising overhead percentages.
- Positive net assets and financial stability over multiple years.
Frequently Asked Questions about Count Basie Theatre Inc
Is Count Basie Theatre Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Count Basie Theatre Inc (EIN: 221950890) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does Count Basie Theatre Inc spend its money?
Count Basie Theatre Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Count Basie Theatre Inc tax-deductible?
Count Basie Theatre Inc is registered as a tax-exempt nonprofit (EIN: 221950890). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Count Basie Theatre Inc do?
Count Basie Theatre Inc is a nonprofit organization in the Arts, Culture & Humanities sector, located in Red Bank, New Jersey. It is classified under NTEE code A610.
How much revenue does Count Basie Theatre Inc have?
Count Basie Theatre Inc reported total revenue of $64,171,536. Based on 14 IRS 990 filings on record.
What are Count Basie Theatre Inc's total assets?
Count Basie Theatre Inc holds total assets of $74,408,996 as reported in IRS 990 filings.
Where is Count Basie Theatre Inc located?
Count Basie Theatre Inc is based in Red Bank, New Jersey.
What is Count Basie Theatre Inc's EIN?
Count Basie Theatre Inc's Employer Identification Number (EIN) is 221950890. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Count Basie Theatre Inc?
Count Basie Theatre Inc is classified under NTEE code A610 (Arts, Culture & Humanities).
Is Count Basie Theatre Inc a registered 501(c)(3)?
Yes, Count Basie Theatre Inc is recognized as a tax-exempt organization by the IRS. EIN: 221950890.
Does Count Basie Theatre Inc file IRS Form 990?
Yes, Count Basie Theatre Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Count Basie Theatre Inc's revenue in 2024?
In the 202406 filing period, Count Basie Theatre Inc reported total revenue of $29,098,598, total expenses of $25,790,914, and net assets of $73,513,850.
Is Count Basie Theatre Inc's revenue growing or declining?
Count Basie Theatre Inc's revenue is growing. Revenue went from $25,156,070 (202306) to $29,098,598 (202406), a +15.7% change. Based on 14 filings on record.
What is Count Basie Theatre Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Count Basie Theatre Inc covers tax period 202406. It shows revenue of $29,098,598, expenses of $25,790,914, total assets of $73,513,850, and liabilities of $30,640,579.
How much does Count Basie Theatre Inc spend on programs vs administration?
Based on IRS 990 analysis, Count Basie Theatre Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Count Basie Theatre Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Count Basie Theatre Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 5 strengths noted.
What are Count Basie Theatre Inc's strengths?
Positive indicators for Count Basie Theatre Inc include: Consistent and significant revenue growth, from $10,735,757 in 2020 to $29,098,598 in 2024.. Strong asset growth, increasing from $55,404,363 in 2020 to $73,513,850 in 2024.. Healthy program spending, indicating a strong commitment to its mission.. Low administrative and fundraising overhead percentages.. Positive net assets and financial stability over multiple years.. These findings are derived from AI analysis of the organization's financial filings.
How does Count Basie Theatre Inc compensate executives?
Executive compensation appears reasonable given the organization's scale and revenue growth, with no red flags identified in the available filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has Count Basie Theatre Inc managed to achieve such substantial revenue growth, nearly tripling its revenue from 2020 to 2024, especially considering the challenges faced by performing arts venues during the pandemic?
The organization demonstrated remarkable resilience and strategic adaptation, likely through diversified programming, successful fundraising campaigns, and effective audience engagement strategies that allowed for a strong rebound and sustained growth post-pandemic, as evidenced by revenue increasing from $10,735,757 in 2020 to $29,098,598 in 2024.
What specific initiatives or capital projects contributed to the significant increase in total assets from $32,657,561 in 2018 to $73,513,850 in 2024?
The substantial growth in assets suggests significant investments in infrastructure, property, or endowments. This could be attributed to major capital campaigns for facility expansion, renovations, or strategic acquisitions, enhancing the theatre's capacity and offerings, as reflected in the asset increase of over $40 million in six years.
Filing History
IRS 990 filing history for Count Basie Theatre Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Count Basie Theatre Inc's revenue has grown by 338.2%, moving from $6.6M to $29.1M. Total assets increased by 400.2% over the same period, from $14.7M to $73.5M. Total functional expenses rose by 310.7%, from $6.3M to $25.8M. In its most recent filing year (2024), Count Basie Theatre Inc reported a surplus of $3.3M, with revenue exceeding expenses. The organization holds $30.6M in liabilities against $73.5M in assets (debt-to-asset ratio: 41.7%), resulting in net assets of $42.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $29.1M | $25.8M | $73.5M | $30.6M | — | View 990 |
| 2023 | $25.2M | $22.6M | $69.3M | $30.2M | — | View 990 |
| 2022 | $22.9M | $19.9M | $62.5M | $27.9M | — | View 990 |
| 2021 | $14.8M | $9.8M | $61.9M | $30.1M | — | View 990 |
| 2020 | $10.7M | $10.9M | $55.4M | $28.7M | — | View 990 |
| 2019 | $20.2M | $14.8M | $47.0M | $20.1M | — | View 990 |
| 2018 | $17.4M | $14.1M | $32.7M | $11.3M | — | View 990 |
| 2017 | $18.9M | $13.0M | $30.3M | $12.3M | — | View 990 |
| 2016 | $12.4M | $11.0M | $23.2M | $11.0M | — | View 990 |
| 2015 | $11.0M | $10.0M | $18.7M | $11.8M | — | View 990 |
| 2014 | $9.7M | $9.3M | $16.9M | $11.0M | — | View 990 |
| 2013 | $8.3M | $8.0M | $16.4M | $10.9M | — | View 990 |
| 2012 | $6.4M | $6.5M | $16.5M | $11.2M | — | View 990 |
| 2011 | $6.6M | $6.3M | $14.7M | $9.3M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $29.1M, expenses of $25.8M, and assets of $73.5M (revenue +15.7% year-over-year).
- 2023: Revenue of $25.2M, expenses of $22.6M, and assets of $69.3M (revenue +9.7% year-over-year).
- 2022: Revenue of $22.9M, expenses of $19.9M, and assets of $62.5M (revenue +55.1% year-over-year).
- 2021: Revenue of $14.8M, expenses of $9.8M, and assets of $61.9M (revenue +37.7% year-over-year).
- 2020: Revenue of $10.7M, expenses of $10.9M, and assets of $55.4M (revenue -47.0% year-over-year).
- 2019: Revenue of $20.2M, expenses of $14.8M, and assets of $47.0M (revenue +16.3% year-over-year).
- 2018: Revenue of $17.4M, expenses of $14.1M, and assets of $32.7M (revenue -7.7% year-over-year).
- 2017: Revenue of $18.9M, expenses of $13.0M, and assets of $30.3M (revenue +52.5% year-over-year).
- 2016: Revenue of $12.4M, expenses of $11.0M, and assets of $23.2M (revenue +12.4% year-over-year).
- 2015: Revenue of $11.0M, expenses of $10.0M, and assets of $18.7M (revenue +13.1% year-over-year).
- 2014: Revenue of $9.7M, expenses of $9.3M, and assets of $16.9M (revenue +17.6% year-over-year).
- 2013: Revenue of $8.3M, expenses of $8.0M, and assets of $16.4M (revenue +29.6% year-over-year).
- 2012: Revenue of $6.4M, expenses of $6.5M, and assets of $16.5M (revenue -4.0% year-over-year).
- 2011: Revenue of $6.6M, expenses of $6.3M, and assets of $14.7M.
Data Sources and Methodology
This transparency report for Count Basie 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.