Emerson Theater Collaborative Inc
EIN: 262369204 · Mystic, CT · NTEE: A63
| Metric | Value |
|---|---|
| Total Revenue | $49K |
| Total Expenses | $99K |
| Net Assets | $11K |
Is Emerson Theater Collaborative Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Emerson Theater Collaborative Inc
Emerson Theater Collaborative Inc (EIN: 262369204) is a nonprofit organization based in Mystic, CT, classified under NTEE code A63. The organization reported total revenue of $49K and total assets of $12K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Emerson Theater Collaborative Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Emerson Theater Collaborative Inc is a micro nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $88K |
| Total Expenses | $99K |
| Surplus / Deficit | $-10,902 |
| Total Assets | $11K |
| Total Liabilities | $388 |
| Net Assets | $11K |
| Operating Margin | -12.4% |
| Debt-to-Asset Ratio | 3.5% |
| Months of Reserves | 1.4 months |
Financial Health Grade: C
In 2023, Emerson Theater Collaborative Inc reported a deficit of $11K with expenses exceeding revenue, holds 1.4 months of operating reserves (limited), has a debt-to-asset ratio of 3.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Emerson Theater Collaborative Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.3% | +47.5% | -68.8% |
| 2022 | -29.1% | -23.7% | -14.5% |
| 2021 | +192.1% | +68.7% | +42.1% |
| 2020 | -48.4% | -10.6% | +6.9% |
| 2019 | +11.4% | +10.1% | +97.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Emerson Theater Collaborative Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Emerson Theater Collaborative Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $11K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.5%.
Frequently Asked Questions about Emerson Theater Collaborative Inc
Is Emerson Theater Collaborative Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Emerson Theater Collaborative Inc (EIN: 262369204) insufficient data. 0 red flags identified, 0 strengths noted.
How does Emerson Theater Collaborative Inc spend its money?
Detailed spending breakdown data is not yet available for Emerson Theater Collaborative Inc. Check back for updated IRS 990 analysis.
Are donations to Emerson Theater Collaborative Inc tax-deductible?
Emerson Theater Collaborative Inc is registered as a tax-exempt nonprofit (EIN: 262369204). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Emerson Theater Collaborative Inc located?
Emerson Theater Collaborative Inc is headquartered in Mystic, Connecticut and files with the IRS under EIN 262369204. It is classified under NTEE code A63.
How many years of IRS 990 filings does Emerson Theater Collaborative Inc have?
Emerson Theater Collaborative Inc 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 $49K in total revenue.
Filing History
IRS 990 filing history for Emerson Theater Collaborative Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Emerson Theater Collaborative Inc's revenue has grown by 137.8%, moving from $37K to $88K. Total assets increased by 4704.8% over the same period, from $231 to $11K. Total functional expenses rose by 160.8%, from $38K to $99K. In its most recent filing year (2023), Emerson Theater Collaborative Inc reported a deficit of $11K, with expenses exceeding revenue. The organization holds $388 in liabilities against $11K in assets (debt-to-asset ratio: 3.5%), resulting in net assets of $11K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $88K | $99K | $11K | $388 | — | View 990 |
| 2022 | $72K | $67K | $36K | $1K | — | — |
| 2021 | $102K | $88K | $42K | $17K | — | — |
| 2020 | $35K | $52K | $29K | $19K | — | View 990 |
| 2019 | $68K | $58K | $27K | $103 | — | View 990 |
| 2018 | $61K | $53K | $14K | $779 | — | View 990 |
| 2017 | $41K | $34K | $5K | $230 | — | View 990 |
| 2016 | $31K | $50K | $10K | $13K | — | View 990 |
| 2015 | $36K | $21K | $16K | $99 | — | View 990 |
| 2014 | $33K | $33K | $1K | $16 | — | View 990 |
| 2013 | $24K | $22K | $321 | $81 | — | View 990 |
| 2012 | $23K | $24K | $289 | $1K | — | View 990 |
| 2011 | $37K | $38K | $231 | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $88K, expenses of $99K, and assets of $11K (revenue +21.3% year-over-year).
- 2022: Revenue of $72K, expenses of $67K, and assets of $36K (revenue -29.1% year-over-year).
- 2021: Revenue of $102K, expenses of $88K, and assets of $42K (revenue +192.1% year-over-year).
- 2020: Revenue of $35K, expenses of $52K, and assets of $29K (revenue -48.4% year-over-year).
- 2019: Revenue of $68K, expenses of $58K, and assets of $27K (revenue +11.4% year-over-year).
- 2018: Revenue of $61K, expenses of $53K, and assets of $14K (revenue +49.1% year-over-year).
- 2017: Revenue of $41K, expenses of $34K, and assets of $5K (revenue +31.5% year-over-year).
- 2016: Revenue of $31K, expenses of $50K, and assets of $10K (revenue -14.5% year-over-year).
- 2015: Revenue of $36K, expenses of $21K, and assets of $16K (revenue +9.0% year-over-year).
- 2014: Revenue of $33K, expenses of $33K, and assets of $1K (revenue +40.4% year-over-year).
- 2013: Revenue of $24K, expenses of $22K, and assets of $321 (revenue +4.4% year-over-year).
- 2012: Revenue of $23K, expenses of $24K, and assets of $289 (revenue -38.5% year-over-year).
- 2011: Revenue of $37K, expenses of $38K, and assets of $231.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Emerson Theater Collaborative Inc:
Data Sources and Methodology
This transparency report for Emerson Theater Collaborative 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.