Inis Nua Theatre Company
Inis Nua Theatre Company reports a deficit in its latest fiscal year, with no officer compensation.
EIN: 202417990 · Philadelphia, PA · NTEE: A65 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $659K |
| Total Expenses | $383K |
| Program Spending | 85% |
| Net Assets | $199K |
| Transparency Score | 85/100 |
Is Inis Nua Theatre Company Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Inis Nua Theatre Company directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Inis Nua Theatre Company
Inis Nua Theatre Company (EIN: 202417990) is a nonprofit organization based in Philadelphia, PA, classified under NTEE code A65. The organization reported total revenue of $659K and total assets of $457K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Inis Nua Theatre Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Inis Nua Theatre Company is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $296K |
| Total Expenses | $383K |
| Surplus / Deficit | $-86,574 |
| Total Assets | $200K |
| Total Liabilities | $823 |
| Net Assets | $199K |
| Operating Margin | -29.3% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 6.3 months |
Financial Health Grade: B
In 2023, Inis Nua Theatre Company reported a deficit of $87K with expenses exceeding revenue, holds 6.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Inis Nua Theatre Company's revenue has grown at a compound annual growth rate (CAGR) of 7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +53.7% | +10.8% | -30.1% |
| 2022 | +1.4% | +38.8% | -34.8% |
| 2021 | -51.5% | -26.0% | -15.8% |
| 2020 | -16.7% | -8.5% | +14.9% |
| 2019 | +48.7% | +11.7% | +30.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Inis Nua Theatre Company 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Inis Nua Theatre Company 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 $87K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.4%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is highly unusual for an organization of its size and suggests a volunteer-led or extremely lean leadership structure, directing all funds to operations and programs.
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 Inis Nua Theatre Company's IRS 990 filings:
- Significant deficit in the latest fiscal period (202306), with expenses exceeding revenue by $86,574.
- Declining assets from a peak of $519,754 in 202006 to $199,523 in 202306.
Strengths
The following positive indicators were identified for Inis Nua Theatre Company:
- Consistent reporting of 0% officer compensation across all filings, indicating high efficiency and dedication of funds to mission.
- Historical ability to generate surpluses in multiple fiscal periods (e.g., 202006, 201906, 201706, 201406).
- Clear alignment with its NTEE code (A65 - Theater) and organizational name, suggesting strong program focus.
Frequently Asked Questions about Inis Nua Theatre Company
Is Inis Nua Theatre Company a legitimate charity?
Inis Nua Theatre Company (EIN: 202417990) is a registered tax-exempt nonprofit based in Pennsylvania. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $659K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Inis Nua Theatre Company spend its money?
Inis Nua Theatre Company directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Inis Nua Theatre Company tax-deductible?
Inis Nua Theatre Company is registered as a tax-exempt nonprofit (EIN: 202417990). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Inis Nua Theatre Company's spending goes to programs?
Inis Nua Theatre Company directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Inis Nua Theatre Company compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Inis Nua Theatre Company 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 Inis Nua Theatre Company located?
Inis Nua Theatre Company is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 202417990. It is classified under NTEE code A65.
How many years of IRS 990 filings does Inis Nua Theatre Company have?
Inis Nua Theatre Company 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 $659K in total revenue.
Why did Inis Nua Theatre Company experience a significant deficit in the 202306 period?
In the 202306 period, the organization's expenses ($382,527) significantly exceeded its revenue ($295,953), resulting in a deficit. The specific reasons are not detailed in the provided data but could be due to increased production costs, decreased ticket sales, or a temporary dip in donations.
How has Inis Nua Theatre Company managed to operate without officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that executive roles are compensated through other means not reported as officer compensation on the 990, or that the roles are part-time and fall below reporting thresholds. This is a notable aspect of its financial model.
What is the trend in Inis Nua Theatre Company's assets?
The organization's assets have fluctuated, peaking at $519,754 in 202006 and declining to $199,523 in 202306. This recent decrease in assets, coupled with the latest deficit, warrants attention.
Filing History
IRS 990 filing history for Inis Nua Theatre Company showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Inis Nua Theatre Company's revenue has grown by 129.3%, moving from $129K to $296K. Total assets increased by 897.5% over the same period, from $20K to $200K. Total functional expenses rose by 196.9%, from $129K to $383K. In its most recent filing year (2023), Inis Nua Theatre Company reported a deficit of $87K, with expenses exceeding revenue. The organization holds $823 in liabilities against $200K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $199K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $296K | $383K | $200K | $823 | — | View 990 |
| 2022 | $193K | $345K | $285K | $0 | — | View 990 |
| 2021 | $190K | $249K | $438K | $0 | — | — |
| 2020 | $392K | $336K | $520K | $23K | — | View 990 |
| 2019 | $470K | $367K | $452K | $11K | — | View 990 |
| 2018 | $316K | $329K | $346K | $7K | — | View 990 |
| 2017 | $430K | $284K | $357K | $5K | — | View 990 |
| 2016 | $231K | $240K | $208K | $2K | — | View 990 |
| 2015 | $204K | $248K | $222K | $7K | — | View 990 |
| 2014 | $406K | $160K | $260K | $410 | — | View 990 |
| 2013 | $154K | $175K | $14K | $124 | — | View 990 |
| 2012 | $190K | $176K | $43K | $8K | — | View 990 |
| 2011 | $129K | $129K | $20K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $296K, expenses of $383K, and assets of $200K (revenue +53.7% year-over-year).
- 2022: Revenue of $193K, expenses of $345K, and assets of $285K (revenue +1.4% year-over-year).
- 2021: Revenue of $190K, expenses of $249K, and assets of $438K (revenue -51.5% year-over-year).
- 2020: Revenue of $392K, expenses of $336K, and assets of $520K (revenue -16.7% year-over-year).
- 2019: Revenue of $470K, expenses of $367K, and assets of $452K (revenue +48.7% year-over-year).
- 2018: Revenue of $316K, expenses of $329K, and assets of $346K (revenue -26.5% year-over-year).
- 2017: Revenue of $430K, expenses of $284K, and assets of $357K (revenue +86.1% year-over-year).
- 2016: Revenue of $231K, expenses of $240K, and assets of $208K (revenue +13.5% year-over-year).
- 2015: Revenue of $204K, expenses of $248K, and assets of $222K (revenue -49.9% year-over-year).
- 2014: Revenue of $406K, expenses of $160K, and assets of $260K (revenue +164.5% year-over-year).
- 2013: Revenue of $154K, expenses of $175K, and assets of $14K (revenue -19.0% year-over-year).
- 2012: Revenue of $190K, expenses of $176K, and assets of $43K (revenue +46.9% year-over-year).
- 2011: Revenue of $129K, expenses of $129K, and assets of $20K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Inis Nua Theatre Company:
Data Sources and Methodology
This transparency report for Inis Nua Theatre Company 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.