Exposed Brick Theatre
Exposed Brick Theatre shows strong revenue growth and no executive compensation, with a recent deficit following a significant surplus.
EIN: 201944288 · Minneapolis, MN · NTEE: A65 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $204K |
| Total Expenses | $263K |
| Program Spending | 85% |
| Net Assets | $56K |
| Transparency Score | 90/100 |
Is Exposed Brick Theatre Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Exposed Brick Theatre directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Exposed Brick Theatre
Exposed Brick Theatre (EIN: 201944288) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code A65. The organization reported total revenue of $204K and total assets of $57K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Exposed Brick Theatre's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Exposed Brick Theatre is a small nonprofit that has been operating for 19 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 43.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $238K |
| Total Expenses | $263K |
| Surplus / Deficit | $-24,490 |
| Total Assets | $56K |
| Net Assets | $56K |
| Operating Margin | -10.3% |
| Months of Reserves | 2.6 months |
Financial Health Grade: C
In 2023, Exposed Brick Theatre reported a deficit of $24K with expenses exceeding revenue, holds 2.6 months of operating reserves (limited).
Financial Trends
Over 5 years of filings (2019–2023), Exposed Brick Theatre's revenue has grown at a compound annual growth rate (CAGR) of 43.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.4% | +43.2% | -30.1% |
| 2022 | +197.4% | +89.0% | +308.2% |
| 2021 | +18.0% | +66.8% | -43.4% |
| 2020 | +24.5% | +62.7% | +48.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Exposed Brick Theatre with a Mission Score of 90 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, Exposed Brick Theatre 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 $24K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all five filings, indicating that no officers or key employees receive salaries, which is highly commendable for an organization of its size and suggests a volunteer-driven leadership model.
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 Exposed Brick Theatre's IRS 990 filings:
- Expenses exceeded revenue in 2023 by $24,490, which, if sustained, could impact long-term financial health.
Strengths
The following positive indicators were identified for Exposed Brick Theatre:
- Consistent 0% officer compensation across all filings, indicating high efficiency and dedication to mission.
- Significant revenue growth from $55,802 in 2019 to $238,127 in 2023.
- No reported liabilities across all five filings, demonstrating strong financial management and stability.
- Healthy asset base of $56,024 in 2023 relative to its operational size.
- Strong surplus of $60,524 in 2022, indicating effective financial management in prior periods.
Frequently Asked Questions about Exposed Brick Theatre
Is Exposed Brick Theatre a legitimate charity?
Exposed Brick Theatre (EIN: 201944288) is a registered tax-exempt nonprofit based in Minnesota. Our AI analysis gives it a Mission Score of 90/100. It has 5 years of IRS 990 filings on record. Total revenue: $204K. 1 red flag identified. 5 strengths noted. Financial health grade: C.
How does Exposed Brick Theatre spend its money?
Exposed Brick Theatre directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Exposed Brick Theatre tax-deductible?
Exposed Brick Theatre is registered as a tax-exempt nonprofit (EIN: 201944288). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Exposed Brick Theatre's spending goes to programs?
Exposed Brick Theatre directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Exposed Brick Theatre compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Exposed Brick Theatre 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 Exposed Brick Theatre located?
Exposed Brick Theatre is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 201944288. It is classified under NTEE code A65.
How many years of IRS 990 filings does Exposed Brick Theatre have?
Exposed Brick Theatre has 5 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 $204K in total revenue.
Is Exposed Brick Theatre a good charity?
Based on its financial data, Exposed Brick Theatre appears to be a good charity. It demonstrates strong revenue growth, no executive compensation, and a healthy asset base with no liabilities, indicating efficient use of funds and financial stability.
How has Exposed Brick Theatre's revenue changed over time?
Exposed Brick Theatre has experienced significant revenue growth, increasing from $55,802 in 2019 to $238,127 in 2023, representing over a 300% increase in five years.
Does Exposed Brick Theatre have any debt?
No, Exposed Brick Theatre reported $0 in liabilities across all five of its IRS 990 filings, indicating it operates debt-free.
Filing History
IRS 990 filing history for Exposed Brick Theatre showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Exposed Brick Theatre's revenue has grown by 326.7%, moving from $56K to $238K. Total assets increased by 139.3% over the same period, from $23K to $56K. Total functional expenses rose by 634.3%, from $36K to $263K. In its most recent filing year (2023), Exposed Brick Theatre reported a deficit of $24K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $238K | $263K | $56K | $0 | — | View 990 |
| 2022 | $244K | $183K | $80K | $0 | — | View 990 |
| 2021 | $82K | $97K | $20K | $0 | — | View 990 |
| 2020 | $69K | $58K | $35K | $0 | — | View 990 |
| 2019 | $56K | $36K | $23K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $238K, expenses of $263K, and assets of $56K (revenue -2.4% year-over-year).
- 2022: Revenue of $244K, expenses of $183K, and assets of $80K (revenue +197.4% year-over-year).
- 2021: Revenue of $82K, expenses of $97K, and assets of $20K (revenue +18.0% year-over-year).
- 2020: Revenue of $69K, expenses of $58K, and assets of $35K (revenue +24.5% year-over-year).
- 2019: Revenue of $56K, expenses of $36K, and assets of $23K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Exposed Brick Theatre:
Data Sources and Methodology
This transparency report for Exposed Brick Theatre 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.