Manhattan Class Company Inc
Manhattan Class Company Inc. shows fluctuating revenue but stable assets, with recent deficit spending and no reported officer compensation.
EIN: 133391844 · New York, NY · NTEE: A65Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9.9M |
| Total Expenses | $10.2M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $26.3M |
| Transparency Score | 85/100 |
Is Manhattan Class Company Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Manhattan Class Company Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Manhattan Class Company Inc
Manhattan Class Company Inc (EIN: 133391844) is a nonprofit organization based in New York, NY, classified under NTEE code A65Z. The organization reported total revenue of $9.9M and total assets of $28.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Manhattan Class Company Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Manhattan Class Company Inc is a mid-size nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.1M |
| Total Expenses | $10.2M |
| Surplus / Deficit | $-2,096,645 |
| Total Assets | $30.2M |
| Total Liabilities | $3.9M |
| Net Assets | $26.3M |
| Operating Margin | -25.8% |
| Debt-to-Asset Ratio | 12.9% |
| Months of Reserves | 35.5 months |
Financial Health Grade: B
In 2023, Manhattan Class Company Inc reported a deficit of $2.1M with expenses exceeding revenue, holds 35.5 months of operating reserves (strong position), has a debt-to-asset ratio of 12.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Manhattan Class Company Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.7% | +24.5% | +1.5% |
| 2022 | +105.4% | +88.9% | +0.5% |
| 2021 | -37.2% | -50.0% | -1.6% |
| 2020 | -62.4% | +7.0% | -0.4% |
| 2019 | +29.8% | +64.1% | +56.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1987 |
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 Manhattan Class 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Manhattan Class Company Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $2.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size with nearly $10 million in latest revenue and $28 million in assets. This suggests either a highly volunteer-driven executive leadership, compensation is covered by other means not reported on the 990, or compensation falls below reporting thresholds.
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 Manhattan Class Company Inc's IRS 990 filings:
- Recent deficit spending in 2023 where expenses ($10,219,353) exceeded revenue ($8,122,708).
- Consistent 0% officer compensation reported, which may obscure actual executive remuneration if paid by related entities or below reporting thresholds.
Strengths
The following positive indicators were identified for Manhattan Class Company Inc:
- Strong asset base, consistently above $28 million in recent years, providing financial resilience.
- Relatively low liabilities compared to assets, indicating good solvency.
- History of managing expenses effectively, often below or comparable to revenue, except for the most recent year.
- No reported officer compensation, suggesting a potentially high dedication to mission or alternative compensation structures.
Frequently Asked Questions about Manhattan Class Company Inc
Is Manhattan Class Company Inc a legitimate charity?
Manhattan Class Company Inc (EIN: 133391844) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $9.9M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Manhattan Class Company Inc spend its money?
Manhattan Class Company Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Manhattan Class Company Inc tax-deductible?
Manhattan Class Company Inc is registered as a tax-exempt nonprofit (EIN: 133391844). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Manhattan Class Company Inc CEO make?
Manhattan Class Company Inc's highest-compensated officer earns $10 annually. The organization reported $9.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Manhattan Class Company Inc's spending goes to programs?
Manhattan Class Company Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Manhattan Class Company Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Manhattan Class Company Inc is above average for NTEE category A65Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Manhattan Class Company Inc located?
Manhattan Class Company Inc is headquartered in New York, New York and files with the IRS under EIN 133391844. It is classified under NTEE code A65Z.
How many years of IRS 990 filings does Manhattan Class Company Inc have?
Manhattan Class 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 $9.9M in total revenue.
Is Manhattan Class Company Inc. financially stable?
Yes, despite revenue fluctuations, the organization maintains substantial assets ($28,617,070 latest) and relatively low liabilities, indicating overall financial stability, though the 2023 deficit warrants monitoring.
Why is officer compensation reported as 0%?
The consistent 0% officer compensation across all filings is unusual and could indicate that executive leadership is uncompensated, compensated by a related entity, or that compensation falls below the IRS reporting threshold for officers, directors, trustees, and key employees.
What caused the significant revenue fluctuations?
The significant revenue fluctuations, such as the peak of $18,742,985 in 2019 and the dip to $4,427,997 in 2021, are common for arts organizations (NTEE A65Z) which can experience variability based on successful productions, grants, or economic conditions affecting donations and ticket sales.
Filing History
IRS 990 filing history for Manhattan Class Company Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Manhattan Class Company Inc's revenue has grown by 180.2%, moving from $2.9M to $8.1M. Total assets increased by 3313.4% over the same period, from $885K to $30.2M. Total functional expenses rose by 317.3%, from $2.4M to $10.2M. In its most recent filing year (2023), Manhattan Class Company Inc reported a deficit of $2.1M, with expenses exceeding revenue. The organization holds $3.9M in liabilities against $30.2M in assets (debt-to-asset ratio: 12.9%), resulting in net assets of $26.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.1M | $10.2M | $30.2M | $3.9M | — | View 990 |
| 2022 | $9.1M | $8.2M | $29.8M | $1.5M | — | View 990 |
| 2021 | $4.4M | $4.3M | $29.6M | $2.2M | — | View 990 |
| 2020 | $7.1M | $8.7M | $30.1M | $2.8M | — | View 990 |
| 2019 | $18.7M | $8.1M | $30.2M | $1.2M | — | View 990 |
| 2018 | $14.4M | $4.9M | $19.3M | $933K | — | View 990 |
| 2017 | $9.8M | $5.1M | $9.5M | $685K | — | View 990 |
| 2016 | $4.2M | $3.9M | $4.7M | $559K | — | View 990 |
| 2015 | $4.2M | $3.8M | $4.3M | $423K | — | View 990 |
| 2014 | $3.1M | $2.6M | $4.0M | $473K | — | View 990 |
| 2013 | $3.3M | $2.5M | $3.5M | $496K | — | View 990 |
| 2012 | $5.4M | $3.9M | $2.6M | $396K | — | View 990 |
| 2011 | $2.9M | $2.4M | $885K | $225K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.1M, expenses of $10.2M, and assets of $30.2M (revenue -10.7% year-over-year).
- 2022: Revenue of $9.1M, expenses of $8.2M, and assets of $29.8M (revenue +105.4% year-over-year).
- 2021: Revenue of $4.4M, expenses of $4.3M, and assets of $29.6M (revenue -37.2% year-over-year).
- 2020: Revenue of $7.1M, expenses of $8.7M, and assets of $30.1M (revenue -62.4% year-over-year).
- 2019: Revenue of $18.7M, expenses of $8.1M, and assets of $30.2M (revenue +29.8% year-over-year).
- 2018: Revenue of $14.4M, expenses of $4.9M, and assets of $19.3M (revenue +47.2% year-over-year).
- 2017: Revenue of $9.8M, expenses of $5.1M, and assets of $9.5M (revenue +133.4% year-over-year).
- 2016: Revenue of $4.2M, expenses of $3.9M, and assets of $4.7M (revenue +0.7% year-over-year).
- 2015: Revenue of $4.2M, expenses of $3.8M, and assets of $4.3M (revenue +34.8% year-over-year).
- 2014: Revenue of $3.1M, expenses of $2.6M, and assets of $4.0M (revenue -6.8% year-over-year).
- 2013: Revenue of $3.3M, expenses of $2.5M, and assets of $3.5M (revenue -38.4% year-over-year).
- 2012: Revenue of $5.4M, expenses of $3.9M, and assets of $2.6M (revenue +86.0% year-over-year).
- 2011: Revenue of $2.9M, expenses of $2.4M, and assets of $885K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Manhattan Class Company Inc:
Data Sources and Methodology
This transparency report for Manhattan Class 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.