Majestic Theatre
Majestic Theatre maintains operations with fluctuating revenues and no officer compensation.
EIN: 20456771 · Manchester, NH · NTEE: A116 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $272K |
| Total Expenses | $282K |
| Program Spending | 90% |
| Net Assets | $132K |
| Transparency Score | 85/100 |
Is Majestic Theatre Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Majestic Theatre directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Majestic Theatre
Majestic Theatre (EIN: 20456771) is a nonprofit organization based in Manchester, NH, classified under NTEE code A116. The organization reported total revenue of $272K and total assets of $102K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Majestic Theatre's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Majestic Theatre is a small nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $253K |
| Total Expenses | $282K |
| Surplus / Deficit | $-28,972 |
| Total Assets | $132K |
| Net Assets | $132K |
| Operating Margin | -11.5% |
| Months of Reserves | 5.6 months |
Financial Health Grade: B
In 2023, Majestic Theatre reported a deficit of $29K with expenses exceeding revenue, holds 5.6 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Majestic Theatre's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.2% | -3.5% | -18.0% |
| 2022 | -28.8% | +26.8% | -16.2% |
| 2021 | +50.3% | +2.6% | +238.1% |
| 2020 | -30.0% | -36.1% | +55.8% |
| 2019 | +12.0% | +16.2% | -7.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
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 Majestic Theatre 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Majestic Theatre allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $29K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for a nonprofit of this size.
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 Majestic Theatre's IRS 990 filings:
- Recent trend of expenses exceeding revenue (2022, 2023)
- Declining asset base since 2021 peak
Strengths
The following positive indicators were identified for Majestic Theatre:
- Consistent 0% officer compensation
- Generally low or no reported liabilities
- Demonstrated ability to generate significant revenue (e.g., $366,095 in 2021)
- Positive asset base
Frequently Asked Questions about Majestic Theatre
Is Majestic Theatre a legitimate charity?
Based on AI analysis of IRS 990 filings, Majestic Theatre (EIN: 20456771) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Majestic Theatre spend its money?
Majestic Theatre directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Majestic Theatre tax-deductible?
Majestic Theatre is registered as a tax-exempt nonprofit (EIN: 20456771). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Majestic Theatre's spending goes to programs?
Majestic Theatre directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Majestic Theatre compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Majestic Theatre is above average for NTEE category A116 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Majestic Theatre located?
Majestic Theatre is headquartered in Manchester, New Hampshire and files with the IRS under EIN 20456771. It is classified under NTEE code A116.
How many years of IRS 990 filings does Majestic Theatre have?
Majestic Theatre 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 $272K in total revenue.
Is Majestic Theatre a good charity?
Based on the available data, Majestic Theatre appears to be a well-managed charity in terms of executive compensation (0%) and generally low liabilities. Its mission focus on performing arts is clear, and while it has experienced some deficit spending in recent years, its overall financial health seems stable for an organization of its size.
How does Majestic Theatre manage its executive compensation?
Majestic Theatre consistently reports 0% officer compensation in its IRS 990 filings, suggesting that its executive leadership is either entirely volunteer-based or compensated through non-officer channels, which is a strong indicator of efficient resource allocation.
What is the trend in Majestic Theatre's financial health?
Majestic Theatre's financial health shows some fluctuation. While it experienced a significant surplus in 2021 ($366,095 revenue vs. $230,087 expenses), the two subsequent years (2022 and 2023) showed deficits, with expenses exceeding revenues. Assets have also decreased from their 2021 peak, but the organization generally maintains a positive asset base and low liabilities.
Filing History
IRS 990 filing history for Majestic Theatre showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Majestic Theatre's revenue has grown by 25.3%, moving from $202K to $253K. Total assets increased by 4572.5% over the same period, from $3K to $132K. Total functional expenses rose by 41.7%, from $199K to $282K. In its most recent filing year (2023), Majestic Theatre reported a deficit of $29K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $253K | $282K | $132K | $0 | — | View 990 |
| 2022 | $261K | $292K | $161K | $0 | — | View 990 |
| 2021 | $366K | $230K | $192K | $0 | — | View 990 |
| 2020 | $244K | $224K | $57K | $966 | — | View 990 |
| 2019 | $348K | $351K | $36K | $0 | — | View 990 |
| 2018 | $311K | $302K | $39K | $0 | — | View 990 |
| 2017 | $312K | $309K | $31K | $0 | — | — |
| 2016 | $312K | $291K | $27K | $0 | — | View 990 |
| 2015 | $235K | $240K | $6K | $0 | — | View 990 |
| 2014 | $238K | $233K | $11K | $0 | — | View 990 |
| 2013 | $204K | $209K | $7K | $0 | — | View 990 |
| 2012 | $212K | $204K | $12K | $0 | — | View 990 |
| 2011 | $202K | $199K | $3K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $253K, expenses of $282K, and assets of $132K (revenue -3.2% year-over-year).
- 2022: Revenue of $261K, expenses of $292K, and assets of $161K (revenue -28.8% year-over-year).
- 2021: Revenue of $366K, expenses of $230K, and assets of $192K (revenue +50.3% year-over-year).
- 2020: Revenue of $244K, expenses of $224K, and assets of $57K (revenue -30.0% year-over-year).
- 2019: Revenue of $348K, expenses of $351K, and assets of $36K (revenue +12.0% year-over-year).
- 2018: Revenue of $311K, expenses of $302K, and assets of $39K (revenue -0.5% year-over-year).
- 2017: Revenue of $312K, expenses of $309K, and assets of $31K (revenue +-0.0% year-over-year).
- 2016: Revenue of $312K, expenses of $291K, and assets of $27K (revenue +33.0% year-over-year).
- 2015: Revenue of $235K, expenses of $240K, and assets of $6K (revenue -1.2% year-over-year).
- 2014: Revenue of $238K, expenses of $233K, and assets of $11K (revenue +16.2% year-over-year).
- 2013: Revenue of $204K, expenses of $209K, and assets of $7K (revenue -3.8% year-over-year).
- 2012: Revenue of $212K, expenses of $204K, and assets of $12K (revenue +5.4% year-over-year).
- 2011: Revenue of $202K, expenses of $199K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Majestic Theatre:
Data Sources and Methodology
This transparency report for Majestic 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.