Elysabeth Kleinhans Theatrical Foundation Inc
Elysabeth Kleinhans Theatrical Foundation maintains substantial assets despite consistent operational deficits.
EIN: 134149853 · New York, NY · NTEE: T23 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $21.2M |
| Total Expenses | $3.7M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $40 |
| Net Assets | $44.6M |
| Transparency Score | 85/100 |
Is Elysabeth Kleinhans Theatrical Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Elysabeth Kleinhans Theatrical Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Elysabeth Kleinhans Theatrical Foundation Inc
Elysabeth Kleinhans Theatrical Foundation Inc (EIN: 134149853) is a nonprofit organization based in New York, NY, classified under NTEE code T23. The organization reported total revenue of $21.2M and total assets of $55.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Elysabeth Kleinhans Theatrical Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Elysabeth Kleinhans Theatrical Foundation Inc is a large nonprofit that has been operating for 25 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $3.7M |
| Surplus / Deficit | $-1,086,363 |
| Total Assets | $44.9M |
| Total Liabilities | $340K |
| Net Assets | $44.6M |
| Operating Margin | -41.1% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 144.5 months |
Financial Health Grade: B
In 2023, Elysabeth Kleinhans Theatrical Foundation Inc reported a deficit of $1.1M with expenses exceeding revenue, holds 144.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Elysabeth Kleinhans Theatrical Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +41.0% | +12.0% | +3.6% |
| 2022 | -51.8% | +73.8% | -9.8% |
| 2021 | +56.8% | -14.7% | +4.6% |
| 2020 | -19.6% | -35.6% | +3.7% |
| 2019 | +13.4% | +6.0% | +16.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Elysabeth Kleinhans Theatrical Foundation 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Elysabeth Kleinhans Theatrical Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $1.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization with over $40 million in assets and annual expenses exceeding $3 million. This suggests either a volunteer-led executive team or compensation structured in a way not reported as officer compensation on the 990, indicating a high degree of financial efficiency in this area.
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 Elysabeth Kleinhans Theatrical Foundation Inc's IRS 990 filings:
- Consistent operational deficits where expenses frequently exceed revenue (e.g., $3.7M expenses vs. $2.6M revenue in 2023).
Strengths
The following positive indicators were identified for Elysabeth Kleinhans Theatrical Foundation Inc:
- Substantial and growing asset base, reaching $44,938,181 in 2023, providing long-term financial security.
- Consistently low liabilities relative to assets, indicating strong financial management.
- Reported 0% officer compensation across all filings, suggesting highly efficient or volunteer-led executive management.
- Long history of IRS 990 filings (10 filings), demonstrating consistent reporting and transparency.
Frequently Asked Questions about Elysabeth Kleinhans Theatrical Foundation Inc
Is Elysabeth Kleinhans Theatrical Foundation Inc a legitimate charity?
Elysabeth Kleinhans Theatrical Foundation Inc (EIN: 134149853) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $21.2M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Elysabeth Kleinhans Theatrical Foundation Inc spend its money?
Elysabeth Kleinhans Theatrical Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Elysabeth Kleinhans Theatrical Foundation Inc tax-deductible?
Elysabeth Kleinhans Theatrical Foundation Inc is registered as a tax-exempt nonprofit (EIN: 134149853). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Elysabeth Kleinhans Theatrical Foundation Inc CEO make?
Elysabeth Kleinhans Theatrical Foundation Inc's highest-compensated officer earns $40 annually. The organization reported $21.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Elysabeth Kleinhans Theatrical Foundation Inc's spending goes to programs?
Elysabeth Kleinhans Theatrical Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Elysabeth Kleinhans Theatrical Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Elysabeth Kleinhans Theatrical Foundation Inc is above average for NTEE category T23 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Elysabeth Kleinhans Theatrical Foundation Inc located?
Elysabeth Kleinhans Theatrical Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 134149853. It is classified under NTEE code T23.
How many years of IRS 990 filings does Elysabeth Kleinhans Theatrical Foundation Inc have?
Elysabeth Kleinhans Theatrical Foundation Inc has 10 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 $21.2M in total revenue.
Is Elysabeth Kleinhans Theatrical Foundation Inc. financially stable?
Yes, despite recurring operational deficits where expenses often exceed revenue (e.g., $3.7M expenses vs. $2.6M revenue in 2023), the foundation maintains substantial assets, reported at $44,938,181 in 2023, indicating strong long-term financial stability.
How does the organization manage executive compensation?
The organization reports 0% officer compensation in all available filings, which is a strong indicator of either volunteer leadership or highly efficient compensation practices that do not fall under typical officer compensation reporting.
Are the organization's liabilities a concern?
No, the organization's liabilities are consistently low relative to its assets (e.g., $340,183 in liabilities vs. $44,938,181 in assets in 2023), suggesting good debt management and financial health.
Filing History
IRS 990 filing history for Elysabeth Kleinhans Theatrical Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Elysabeth Kleinhans Theatrical Foundation Inc's revenue has grown by 14%, moving from $2.3M to $2.6M. Total assets increased by 12.6% over the same period, from $39.9M to $44.9M. Total functional expenses rose by 38.1%, from $2.7M to $3.7M. In its most recent filing year (2023), Elysabeth Kleinhans Theatrical Foundation Inc reported a deficit of $1.1M, with expenses exceeding revenue. The organization holds $340K in liabilities against $44.9M in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $44.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $3.7M | $44.9M | $340K | — | — |
| 2022 | $1.9M | $3.3M | $43.4M | $254K | — | View 990 |
| 2021 | $3.9M | $1.9M | $48.1M | $409K | — | View 990 |
| 2020 | $2.5M | $2.2M | $46.0M | $417K | — | View 990 |
| 2019 | $3.1M | $3.5M | $44.3M | $306K | — | View 990 |
| 2015 | $2.7M | $3.3M | $38.2M | $296K | — | View 990 |
| 2014 | $2.8M | $3.3M | $39.5M | $378K | — | View 990 |
| 2013 | $2.6M | $3.0M | $39.7M | $242K | — | View 990 |
| 2012 | $2.4M | $2.5M | $40.1M | $219K | — | View 990 |
| 2011 | $2.3M | $2.7M | $39.9M | $243K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $3.7M, and assets of $44.9M (revenue +41.0% year-over-year).
- 2022: Revenue of $1.9M, expenses of $3.3M, and assets of $43.4M (revenue -51.8% year-over-year).
- 2021: Revenue of $3.9M, expenses of $1.9M, and assets of $48.1M (revenue +56.8% year-over-year).
- 2020: Revenue of $2.5M, expenses of $2.2M, and assets of $46.0M (revenue -19.6% year-over-year).
- 2019: Revenue of $3.1M, expenses of $3.5M, and assets of $44.3M (revenue +13.4% year-over-year).
- 2015: Revenue of $2.7M, expenses of $3.3M, and assets of $38.2M (revenue -1.8% year-over-year).
- 2014: Revenue of $2.8M, expenses of $3.3M, and assets of $39.5M (revenue +8.7% year-over-year).
- 2013: Revenue of $2.6M, expenses of $3.0M, and assets of $39.7M (revenue +8.5% year-over-year).
- 2012: Revenue of $2.4M, expenses of $2.5M, and assets of $40.1M (revenue +1.4% year-over-year).
- 2011: Revenue of $2.3M, expenses of $2.7M, and assets of $39.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Elysabeth Kleinhans Theatrical Foundation Inc:
Data Sources and Methodology
This transparency report for Elysabeth Kleinhans Theatrical Foundation 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.