Huntington Theatre Company Inc
Huntington Theatre Company: Strong Assets, Volatile Revenue, and High Executive Compensation
EIN: 222659560 · Boston, MA · NTEE: A650 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $18.0M |
| Total Expenses | $20.4M |
| Program Spending | 65% |
| CEO/Top Officer Pay | $424,509 |
| Net Assets | $89.5M |
| Transparency Score | 85/100 |
Is Huntington Theatre Company Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Huntington Theatre Company Inc directs 65% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Huntington Theatre Company Inc
Huntington Theatre Company Inc (EIN: 222659560) is a nonprofit organization based in Boston, MA, classified under NTEE code A650. The organization reported total revenue of $18.0M and total assets of $123.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Huntington Theatre Company Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Huntington Theatre Company Inc is a large nonprofit that has been operating for 40 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 | $27.5M |
| Total Expenses | $20.4M |
| Surplus / Deficit | +$7.1M |
| Total Assets | $132.0M |
| Total Liabilities | $42.5M |
| Net Assets | $89.5M |
| Operating Margin | 25.8% |
| Debt-to-Asset Ratio | 32.2% |
| Months of Reserves | 77.7 months |
Financial Health Grade: A
In 2023, Huntington Theatre Company Inc reported a surplus of $7.1M with revenue exceeding expenses, holds 77.7 months of operating reserves (strong position), has a debt-to-asset ratio of 32.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Huntington Theatre Company Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.9% | +11.3% | +12.1% |
| 2022 | +112.6% | +86.2% | +37.8% |
| 2021 | -35.1% | -43.1% | +14.7% |
| 2020 | -16.1% | -7.4% | +6.0% |
| 2019 | -26.8% | +9.3% | +15.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 Huntington Theatre Company 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: 20%
- programs: 65%
- fundraising: 15%
According to IRS 990 filings, Huntington Theatre Company Inc allocates its expenses as follows: admin: 20%, programs: 65%, fundraising: 15%. Approximately 65% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $7.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 32.2%.
Executive Compensation Analysis
Executive compensation appears high relative to some revenue figures, with the CEO's compensation reported at $424,509 in 2023, representing a significant portion of the organization's total expenses.
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 Huntington Theatre Company Inc's IRS 990 filings:
- Revenue has shown significant volatility over the past few years, ranging from $14.5M in 2021 to $36.3M in 2018, which could impact long-term financial stability.
- The CEO's compensation of $424,509 in 2023 is substantial, especially when compared to the total expenses of $20,383,976 for the same year.
Strengths
The following positive indicators were identified for Huntington Theatre Company Inc:
- The organization maintains a very strong asset base, with total assets of $131,964,067 in 2023, providing a solid financial foundation.
- Despite revenue fluctuations, the organization has consistently generated positive net assets, indicating sound financial management.
- The organization has a long history of operation and consistent filing of financial documents, demonstrating stability and accountability.
Frequently Asked Questions about Huntington Theatre Company Inc
Is Huntington Theatre Company Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Huntington Theatre Company Inc (EIN: 222659560) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Huntington Theatre Company Inc spend its money?
Huntington Theatre Company Inc directs 65% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Huntington Theatre Company Inc tax-deductible?
Huntington Theatre Company Inc is registered as a tax-exempt nonprofit (EIN: 222659560). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Huntington Theatre Company Inc CEO make?
Huntington Theatre Company Inc's highest-compensated officer earns $424,509 annually. The organization reported $18.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Huntington Theatre Company Inc's spending goes to programs?
Huntington Theatre Company Inc directs 65% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Huntington Theatre Company Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Huntington Theatre Company Inc is above average for NTEE category A650 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Huntington Theatre Company Inc located?
Huntington Theatre Company Inc is headquartered in Boston, Massachusetts and files with the IRS under EIN 222659560. It is classified under NTEE code A650.
How many years of IRS 990 filings does Huntington Theatre Company Inc have?
Huntington Theatre Company 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 $18.0M in total revenue.
What does Huntington Theatre Company Inc do?
Huntington Theatre Company Inc is a nonprofit organization in the Arts, Culture & Humanities sector, located in Boston, Massachusetts. It is classified under NTEE code A650.
How much revenue does Huntington Theatre Company Inc have?
Huntington Theatre Company Inc reported total revenue of $17,991,130. Based on 13 IRS 990 filings on record.
What are Huntington Theatre Company Inc's total assets?
Huntington Theatre Company Inc holds total assets of $123,836,368 as reported in IRS 990 filings.
Where is Huntington Theatre Company Inc located?
Huntington Theatre Company Inc is based in Boston, Massachusetts.
What is Huntington Theatre Company Inc's EIN?
Huntington Theatre Company Inc's Employer Identification Number (EIN) is 222659560. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Huntington Theatre Company Inc?
Huntington Theatre Company Inc is classified under NTEE code A650 (Arts, Culture & Humanities).
Is Huntington Theatre Company Inc a registered 501(c)(3)?
Yes, Huntington Theatre Company Inc is recognized as a tax-exempt organization by the IRS. EIN: 222659560.
Does Huntington Theatre Company Inc file IRS Form 990?
Yes, Huntington Theatre Company Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Huntington Theatre Company Inc's revenue in 2023?
In the 202306 filing period, Huntington Theatre Company Inc reported total revenue of $27,458,589, total expenses of $20,383,976, and net assets of $131,964,067.
Is Huntington Theatre Company Inc's revenue growing or declining?
Huntington Theatre Company Inc's revenue is declining. Revenue went from $30,823,108 (202206) to $27,458,589 (202306), a -10.9% change. Based on 13 filings on record.
What is Huntington Theatre Company Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Huntington Theatre Company Inc covers tax period 202306. It shows revenue of $27,458,589, expenses of $20,383,976, total assets of $131,964,067, and liabilities of $42,450,985.
How much does Huntington Theatre Company Inc spend on programs vs administration?
Based on IRS 990 analysis, Huntington Theatre Company Inc allocates approximately 65% of expenses to program services, 20% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Huntington Theatre Company Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Huntington Theatre Company Inc appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.
What are the red flags for Huntington Theatre Company Inc?
The following concerns were identified: Revenue has shown significant volatility over the past few years, ranging from $14.5M in 2021 to $36.3M in 2018, which could impact long-term financial stability.. The CEO's compensation of $424,509 in 2023 is substantial, especially when compared to the total expenses of $20,383,976 for the same year.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Huntington Theatre Company Inc's strengths?
Positive indicators for Huntington Theatre Company Inc include: The organization maintains a very strong asset base, with total assets of $131,964,067 in 2023, providing a solid financial foundation.. Despite revenue fluctuations, the organization has consistently generated positive net assets, indicating sound financial management.. The organization has a long history of operation and consistent filing of financial documents, demonstrating stability and accountability.. These findings are derived from AI analysis of the organization's financial filings.
How does Huntington Theatre Company Inc compensate executives?
Executive compensation appears high relative to some revenue figures, with the CEO's compensation reported at $424,509 in 2023, representing a significant portion of the organization's total expenses. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the significant increase in total assets from $38.2M in 2017 to $131.9M in 2023 impact the organization's long-term strategic planning and program expansion?
The substantial growth in assets, particularly the jump from $85.3M in 2021 to $131.9M in 2023, suggests significant capital campaigns or investment gains. This could enable major infrastructure projects, endowment growth, or expansion of artistic and educational programs, providing a strong buffer against revenue volatility and supporting long-term sustainability.
Given the wide swings in annual revenue, what strategies does the Huntington Theatre Company employ to ensure consistent program delivery and operational stability?
The revenue data shows considerable fluctuation, with a peak of $36.3M in 2018 and a low of $14.5M in 2021. To manage this, the company likely relies on its substantial asset base and potentially diversified funding streams (e.g., grants, individual donors, ticket sales, endowment income) to smooth out operational budgets and maintain program quality despite year-to-year revenue variations.
Filing History
IRS 990 filing history for Huntington Theatre Company Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Huntington Theatre Company Inc's revenue has grown by 9.2%, moving from $25.1M to $27.5M. Total assets increased by 255.5% over the same period, from $37.1M to $132.0M. Total functional expenses rose by 86.4%, from $10.9M to $20.4M. In its most recent filing year (2023), Huntington Theatre Company Inc reported a surplus of $7.1M, with revenue exceeding expenses. The organization holds $42.5M in liabilities against $132.0M in assets (debt-to-asset ratio: 32.2%), resulting in net assets of $89.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $27.5M | $20.4M | $132.0M | $42.5M | — | — |
| 2022 | $30.8M | $18.3M | $117.7M | $37.4M | — | View 990 |
| 2021 | $14.5M | $9.8M | $85.4M | $13.6M | — | View 990 |
| 2020 | $22.4M | $17.3M | $74.4M | $7.2M | — | View 990 |
| 2019 | $26.6M | $18.7M | $70.2M | $8.3M | — | View 990 |
| 2018 | $36.4M | $17.1M | $60.9M | $7.6M | — | View 990 |
| 2017 | $11.9M | $14.2M | $38.3M | $5.9M | — | View 990 |
| 2016 | $14.8M | $14.8M | $37.2M | $4.3M | — | View 990 |
| 2015 | $12.2M | $13.2M | $38.8M | $4.3M | — | View 990 |
| 2014 | $13.8M | $14.1M | $39.9M | $4.2M | — | View 990 |
| 2013 | $13.2M | $12.9M | $38.3M | $4.1M | — | View 990 |
| 2012 | $11.7M | $12.7M | $36.5M | $3.9M | — | View 990 |
| 2011 | $25.1M | $10.9M | $37.1M | $3.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $27.5M, expenses of $20.4M, and assets of $132.0M (revenue -10.9% year-over-year).
- 2022: Revenue of $30.8M, expenses of $18.3M, and assets of $117.7M (revenue +112.6% year-over-year).
- 2021: Revenue of $14.5M, expenses of $9.8M, and assets of $85.4M (revenue -35.1% year-over-year).
- 2020: Revenue of $22.4M, expenses of $17.3M, and assets of $74.4M (revenue -16.1% year-over-year).
- 2019: Revenue of $26.6M, expenses of $18.7M, and assets of $70.2M (revenue -26.8% year-over-year).
- 2018: Revenue of $36.4M, expenses of $17.1M, and assets of $60.9M (revenue +206.5% year-over-year).
- 2017: Revenue of $11.9M, expenses of $14.2M, and assets of $38.3M (revenue -20.0% year-over-year).
- 2016: Revenue of $14.8M, expenses of $14.8M, and assets of $37.2M (revenue +21.9% year-over-year).
- 2015: Revenue of $12.2M, expenses of $13.2M, and assets of $38.8M (revenue -11.5% year-over-year).
- 2014: Revenue of $13.8M, expenses of $14.1M, and assets of $39.9M (revenue +4.1% year-over-year).
- 2013: Revenue of $13.2M, expenses of $12.9M, and assets of $38.3M (revenue +13.4% year-over-year).
- 2012: Revenue of $11.7M, expenses of $12.7M, and assets of $36.5M (revenue -53.6% year-over-year).
- 2011: Revenue of $25.1M, expenses of $10.9M, and assets of $37.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Huntington Theatre Company Inc:
Data Sources and Methodology
This transparency report for Huntington Theatre Company 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.