Horizon Theatre Company Incorporated
EIN: 581576913 · Atlanta, GA · NTEE: A650
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $1.4M |
| Net Assets | $1.7M |
Is Horizon Theatre Company Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Horizon Theatre Company Incorporated
Horizon Theatre Company Incorporated (EIN: 581576913) is a nonprofit organization based in Atlanta, GA, classified under NTEE code A650. The organization reported total revenue of $1.5M and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Horizon Theatre Company Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Horizon Theatre Company Incorporated is a mid-size nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.4M |
| Surplus / Deficit | $-194,955 |
| Total Assets | $2.0M |
| Total Liabilities | $300K |
| Net Assets | $1.7M |
| Operating Margin | -16.4% |
| Debt-to-Asset Ratio | 14.9% |
| Months of Reserves | 17.5 months |
Financial Health Grade: B
In 2023, Horizon Theatre Company Incorporated reported a deficit of $195K with expenses exceeding revenue, holds 17.5 months of operating reserves (strong position), has a debt-to-asset ratio of 14.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Horizon Theatre Company Incorporated's revenue has declined at a compound annual growth rate (CAGR) of -0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.0% | +11.9% | -3.8% |
| 2022 | +36.8% | +55.9% | +31.7% |
| 2021 | -31.8% | -38.4% | +15.4% |
| 2020 | +3.1% | -9.5% | +47.3% |
| 2019 | -4.1% | -10.5% | +2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Horizon Theatre Company Incorporated 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 Horizon Theatre Company Incorporated 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 $195K, with expenses exceeding revenue.
- Debt-to-asset ratio: 14.9%.
Frequently Asked Questions about Horizon Theatre Company Incorporated
Is Horizon Theatre Company Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Horizon Theatre Company Incorporated (EIN: 581576913) insufficient data. 0 red flags identified, 0 strengths noted.
How does Horizon Theatre Company Incorporated spend its money?
Detailed spending breakdown data is not yet available for Horizon Theatre Company Incorporated. Check back for updated IRS 990 analysis.
Are donations to Horizon Theatre Company Incorporated tax-deductible?
Horizon Theatre Company Incorporated is registered as a tax-exempt nonprofit (EIN: 581576913). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Horizon Theatre Company Incorporated located?
Horizon Theatre Company Incorporated is headquartered in Atlanta, Georgia and files with the IRS under EIN 581576913. It is classified under NTEE code A650.
How many years of IRS 990 filings does Horizon Theatre Company Incorporated have?
Horizon Theatre Company Incorporated 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 $1.5M in total revenue.
Filing History
IRS 990 filing history for Horizon Theatre Company Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Horizon Theatre Company Incorporated's revenue has declined by 8.4%, moving from $1.3M to $1.2M. Total assets increased by 243.6% over the same period, from $587K to $2.0M. Total functional expenses rose by 14.6%, from $1.2M to $1.4M. In its most recent filing year (2023), Horizon Theatre Company Incorporated reported a deficit of $195K, with expenses exceeding revenue. The organization holds $300K in liabilities against $2.0M in assets (debt-to-asset ratio: 14.9%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.4M | $2.0M | $300K | — | — |
| 2022 | $1.4M | $1.2M | $2.1M | $185K | — | View 990 |
| 2021 | $1.0M | $794K | $1.6M | $359K | — | — |
| 2020 | $1.5M | $1.3M | $1.4M | $386K | — | View 990 |
| 2019 | $1.5M | $1.4M | $936K | $171K | — | View 990 |
| 2018 | $1.5M | $1.6M | $912K | $192K | — | View 990 |
| 2017 | $1.5M | $1.6M | $955K | $176K | — | View 990 |
| 2016 | $1.6M | $1.5M | $1.1M | $181K | — | View 990 |
| 2015 | $1.5M | $1.4M | $1.0M | $219K | — | View 990 |
| 2014 | $1.2M | $1.3M | $927K | $162K | — | View 990 |
| 2013 | $1.4M | $1.1M | $1.0M | $172K | — | View 990 |
| 2012 | $1.4M | $1.3M | $748K | $143K | — | View 990 |
| 2011 | $1.3M | $1.2M | $587K | $109K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.4M, and assets of $2.0M (revenue -16.0% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.2M, and assets of $2.1M (revenue +36.8% year-over-year).
- 2021: Revenue of $1.0M, expenses of $794K, and assets of $1.6M (revenue -31.8% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.3M, and assets of $1.4M (revenue +3.1% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.4M, and assets of $936K (revenue -4.1% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.6M, and assets of $912K (revenue +1.9% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.6M, and assets of $955K (revenue -6.1% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.5M, and assets of $1.1M (revenue +8.6% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.4M, and assets of $1.0M (revenue +25.3% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.3M, and assets of $927K (revenue -14.6% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.1M, and assets of $1.0M (revenue -2.4% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.3M, and assets of $748K (revenue +9.0% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.2M, and assets of $587K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Horizon Theatre Company Incorporated:
Data Sources and Methodology
This transparency report for Horizon Theatre Company Incorporated 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.