La Mama Experimental Theatre Club Inc
La Mama Experimental Theatre Club Inc shows strong financial growth and zero reported officer compensation over the past decade.
EIN: 132620861 · New York, NY · NTEE: A610 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.8M |
| Total Expenses | $3.9M |
| Program Spending | 85% |
| Net Assets | $24.2M |
| Transparency Score | 95/100 |
Is La Mama Experimental Theatre Club Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
La Mama Experimental Theatre Club Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About La Mama Experimental Theatre Club Inc
La Mama Experimental Theatre Club Inc (EIN: 132620861) is a nonprofit organization based in New York, NY, classified under NTEE code A610. The organization reported total revenue of $4.8M and total assets of $27.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of La Mama Experimental Theatre Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
La Mama Experimental Theatre Club Inc is a mid-size nonprofit that has been operating for 59 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.5M |
| Total Expenses | $3.9M |
| Surplus / Deficit | +$3.6M |
| Total Assets | $31.3M |
| Total Liabilities | $7.1M |
| Net Assets | $24.2M |
| Operating Margin | 47.6% |
| Debt-to-Asset Ratio | 22.8% |
| Months of Reserves | 95.5 months |
Financial Health Grade: A
In 2023, La Mama Experimental Theatre Club Inc reported a surplus of $3.6M with revenue exceeding expenses, holds 95.5 months of operating reserves (strong position), has a debt-to-asset ratio of 22.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), La Mama Experimental Theatre Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -30.9% | +30.3% | +14.5% |
| 2022 | +93.1% | +27.1% | +62.2% |
| 2021 | +4.4% | -10.0% | +45.5% |
| 2020 | +10.2% | -6.1% | +60.4% |
| 2019 | +53.2% | -8.5% | +54.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1230 |
| IRS Ruling Date | 1967 |
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 La Mama Experimental Theatre Club Inc with a Mission Score of 95 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, La Mama Experimental Theatre Club Inc 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 surplus of $3.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 22.8%.
Executive Compensation Analysis
Executive compensation is notably absent, with 0% reported officer compensation across all available filings, indicating that no officers received compensation from the organization. This suggests a strong commitment to directing financial resources entirely towards the organization's mission.
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.
Strengths
The following positive indicators were identified for La Mama Experimental Theatre Club Inc:
- Exceptional asset growth, from $1.6M in 2014 to $31.3M in 2023.
- Consistent and significant revenue surpluses, indicating strong financial management.
- Zero reported officer compensation across all filings, demonstrating high commitment to mission.
- Strong financial stability with assets significantly outweighing liabilities.
- Consistent IRS 990 filing history, indicating good transparency.
Frequently Asked Questions about La Mama Experimental Theatre Club Inc
Is La Mama Experimental Theatre Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, La Mama Experimental Theatre Club Inc (EIN: 132620861) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does La Mama Experimental Theatre Club Inc spend its money?
La Mama Experimental Theatre Club Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to La Mama Experimental Theatre Club Inc tax-deductible?
La Mama Experimental Theatre Club Inc is registered as a tax-exempt nonprofit (EIN: 132620861). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of La Mama Experimental Theatre Club Inc's spending goes to programs?
La Mama Experimental Theatre Club Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does La Mama Experimental Theatre Club Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), La Mama Experimental Theatre Club Inc is above average for NTEE category A610 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is La Mama Experimental Theatre Club Inc located?
La Mama Experimental Theatre Club Inc is headquartered in New York, New York and files with the IRS under EIN 132620861. It is classified under NTEE code A610.
How many years of IRS 990 filings does La Mama Experimental Theatre Club Inc have?
La Mama Experimental Theatre Club 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 $4.8M in total revenue.
Is La Mama Experimental Theatre Club Inc a good charity?
Based on the provided financial data, La Mama Experimental Theatre Club Inc appears to be a very good charity. It demonstrates strong financial health, significant asset growth, consistent revenue generation, and a remarkable commitment to transparency with 0% reported officer compensation.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time, with assets growing from $1,676,528 in 2014 to $31,318,312 in 2023, and revenue consistently exceeding expenses, indicating robust growth and stability.
What is the organization's approach to executive compensation?
La Mama Experimental Theatre Club Inc reports 0% officer compensation in all available filings, indicating that no officers received compensation from the organization. This is a highly unusual and positive indicator of resource allocation directly to its mission.
Does La Mama Experimental Theatre Club Inc have sufficient reserves?
With assets of $31,318,312 and liabilities of $7,140,606 in 2023, the organization has substantial reserves, far exceeding its annual expenses (e.g., $3,934,038 in 2023), providing significant financial stability.
Filing History
IRS 990 filing history for La Mama Experimental Theatre Club Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), La Mama Experimental Theatre Club Inc's revenue has grown by 270.4%, moving from $2.0M to $7.5M. Total assets increased by 7231% over the same period, from $427K to $31.3M. Total functional expenses rose by 107.9%, from $1.9M to $3.9M. In its most recent filing year (2023), La Mama Experimental Theatre Club Inc reported a surplus of $3.6M, with revenue exceeding expenses. The organization holds $7.1M in liabilities against $31.3M in assets (debt-to-asset ratio: 22.8%), resulting in net assets of $24.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.5M | $3.9M | $31.3M | $7.1M | — | View 990 |
| 2022 | $10.9M | $3.0M | $27.3M | $6.8M | — | View 990 |
| 2021 | $5.6M | $2.4M | $16.9M | $4.1M | — | View 990 |
| 2020 | $5.4M | $2.6M | $11.6M | $2.1M | — | View 990 |
| 2019 | $4.9M | $2.8M | $7.2M | $485K | — | View 990 |
| 2018 | $3.2M | $3.1M | $4.7M | $131K | — | View 990 |
| 2017 | $3.0M | $2.7M | $3.4M | $207K | — | View 990 |
| 2016 | $3.2M | $2.8M | $2.8M | $276K | — | View 990 |
| 2015 | $3.2M | $3.1M | $2.3M | $424K | — | View 990 |
| 2014 | $2.5M | $2.5M | $1.7M | $616K | — | View 990 |
| 2013 | $2.3M | $2.3M | $491K | $51K | — | View 990 |
| 2012 | $2.3M | $2.2M | $716K | $104K | — | View 990 |
| 2011 | $2.0M | $1.9M | $427K | $156K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.5M, expenses of $3.9M, and assets of $31.3M (revenue -30.9% year-over-year).
- 2022: Revenue of $10.9M, expenses of $3.0M, and assets of $27.3M (revenue +93.1% year-over-year).
- 2021: Revenue of $5.6M, expenses of $2.4M, and assets of $16.9M (revenue +4.4% year-over-year).
- 2020: Revenue of $5.4M, expenses of $2.6M, and assets of $11.6M (revenue +10.2% year-over-year).
- 2019: Revenue of $4.9M, expenses of $2.8M, and assets of $7.2M (revenue +53.2% year-over-year).
- 2018: Revenue of $3.2M, expenses of $3.1M, and assets of $4.7M (revenue +7.2% year-over-year).
- 2017: Revenue of $3.0M, expenses of $2.7M, and assets of $3.4M (revenue -7.0% year-over-year).
- 2016: Revenue of $3.2M, expenses of $2.8M, and assets of $2.8M (revenue -0.4% year-over-year).
- 2015: Revenue of $3.2M, expenses of $3.1M, and assets of $2.3M (revenue +28.3% year-over-year).
- 2014: Revenue of $2.5M, expenses of $2.5M, and assets of $1.7M (revenue +10.1% year-over-year).
- 2013: Revenue of $2.3M, expenses of $2.3M, and assets of $491K (revenue -2.9% year-over-year).
- 2012: Revenue of $2.3M, expenses of $2.2M, and assets of $716K (revenue +15.4% year-over-year).
- 2011: Revenue of $2.0M, expenses of $1.9M, and assets of $427K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for La Mama Experimental Theatre Club Inc:
Data Sources and Methodology
This transparency report for La Mama Experimental Theatre Club 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.