Marthas Vineyard Playhouse Inc
Marthas Vineyard Playhouse: Navigating Financial Fluctuations with Strong Asset Base
EIN: 222518286 · Vineyard Hvn, MA · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $694K |
| Total Expenses | $884K |
| Program Spending | 70% |
| Net Assets | $2.2M |
| Transparency Score | 75/100 |
Search Intent Cockpit
Marthas Vineyard Playhouse Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Marthas Vineyard Playhouse Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Marthas Vineyard Playhouse Inc in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $740K and expenses of $884K.
Revenue and Expenses
Marthas Vineyard Playhouse Inc reported $740K in revenue and $884K in expenses, a deficit of $144K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
75/100 mission score, 2 red flags, and 3 strengths are shown from structured and AI review.
Is Marthas Vineyard Playhouse Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $619K (70%) |
Across stored filings, Marthas Vineyard Playhouse Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 70% to programs | Good |
| Financial durability | Grade B | 13 stored filing years |
| Peer context | Compare with Joint Committee For Childrens Health Care In Everett | Massachusetts and category context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Joint Committee For Childrens Health Care In Everett →All Massachusetts nonprofits
Local and Sector Spokes
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Vineyard Hvn, MA nonprofitsFollow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
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Keep the Investigation Moving
Marthas Vineyard Playhouse Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Marthas Vineyard Playhouse Inc
Marthas Vineyard Playhouse Inc (EIN: 222518286) is a nonprofit organization based in Vineyard Hvn, MA. The organization reported total revenue of $694K and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marthas Vineyard Playhouse Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marthas Vineyard Playhouse Inc is a small nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $740K |
| Total Expenses | $884K |
| Surplus / Deficit | $-143,828 |
| Total Assets | $2.9M |
| Total Liabilities | $781K |
| Net Assets | $2.2M |
| Operating Margin | -19.4% |
| Debt-to-Asset Ratio | 26.6% |
| Months of Reserves | 39.9 months |
Financial Health Grade: B
In 2023, Marthas Vineyard Playhouse Inc reported a deficit of $144K with expenses exceeding revenue, holds 39.9 months of operating reserves (strong position), has a debt-to-asset ratio of 26.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Marthas Vineyard Playhouse Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -45.4% | +35.1% | +0.9% |
| 2022 | +148.8% | +29.6% | +31.5% |
| 2021 | +105.1% | +12.4% | +1.5% |
| 2020 | -61.8% | -38.1% | -0.7% |
| 2019 | -3.1% | -4.4% | -3.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1984 |
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 Marthas Vineyard Playhouse Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Marthas Vineyard Playhouse Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $144K, with expenses exceeding revenue.
- Debt-to-asset ratio: 26.6%.
Executive Compensation Analysis
Executive compensation information is not provided in the given data, preventing an assessment.
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 Marthas Vineyard Playhouse Inc's IRS 990 filings:
- Revenue has shown significant year-over-year fluctuations, from $1,355,110 in 2022 to $739,985 in 2023, indicating potential instability in funding streams.
- Expenses exceeded revenue in 2023 ($883,813 expenses vs. $739,985 revenue), leading to a deficit for the year.
Strengths
The following positive indicators were identified for Marthas Vineyard Playhouse Inc:
- The organization maintains a healthy asset base, with total assets consistently above $2 million, reaching $2,936,209 in 2023.
- Despite revenue fluctuations, the organization has managed to maintain a relatively stable liability profile, with liabilities at $780,832 in 2023.
- The organization has demonstrated resilience, continuing operations despite periods of revenue decline.
Frequently Asked Questions about Marthas Vineyard Playhouse Inc
Is Marthas Vineyard Playhouse Inc a legitimate charity?
Marthas Vineyard Playhouse Inc (EIN: 222518286) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $694K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Marthas Vineyard Playhouse Inc spend its money?
Marthas Vineyard Playhouse Inc directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to Marthas Vineyard Playhouse Inc tax-deductible?
Marthas Vineyard Playhouse Inc is registered as a tax-exempt nonprofit (EIN: 222518286). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Marthas Vineyard Playhouse Inc's spending goes to programs?
Marthas Vineyard Playhouse Inc directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Marthas Vineyard Playhouse Inc located?
Marthas Vineyard Playhouse Inc is headquartered in Vineyard Hvn, Massachusetts and files with the IRS under EIN 222518286.
How many years of IRS 990 filings does Marthas Vineyard Playhouse Inc have?
Marthas Vineyard Playhouse 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 $694K in total revenue.
What does Marthas Vineyard Playhouse Inc do?
Marthas Vineyard Playhouse Inc is a nonprofit organization in the Unknown sector, located in Vineyard Hvn, Massachusetts. It is classified under NTEE code Unknown.
How much revenue does Marthas Vineyard Playhouse Inc have?
Marthas Vineyard Playhouse Inc reported total revenue of $693,570. Based on 13 IRS 990 filings on record.
What are Marthas Vineyard Playhouse Inc's total assets?
Marthas Vineyard Playhouse Inc holds total assets of $2,879,128 as reported in IRS 990 filings.
Where is Marthas Vineyard Playhouse Inc located?
Marthas Vineyard Playhouse Inc is based in Vineyard Hvn, Massachusetts.
What is Marthas Vineyard Playhouse Inc's EIN?
Marthas Vineyard Playhouse Inc's Employer Identification Number (EIN) is 222518286. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Marthas Vineyard Playhouse Inc?
Marthas Vineyard Playhouse Inc is classified under NTEE code Unknown (Unknown).
Is Marthas Vineyard Playhouse Inc a registered 501(c)(3)?
Marthas Vineyard Playhouse Inc appears in IRS records (EIN: 222518286). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Marthas Vineyard Playhouse Inc file IRS Form 990?
Yes, Marthas Vineyard Playhouse Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Marthas Vineyard Playhouse Inc's revenue in 2023?
In the 202312 filing period, Marthas Vineyard Playhouse Inc reported total revenue of $739,985, total expenses of $883,813, and net assets of $2,936,209.
Is Marthas Vineyard Playhouse Inc's revenue growing or declining?
Marthas Vineyard Playhouse Inc's revenue is declining. Revenue went from $1,355,110 (202212) to $739,985 (202312), a -45.4% change. Based on 13 filings on record.
What is Marthas Vineyard Playhouse Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Marthas Vineyard Playhouse Inc covers tax period 202312. It shows revenue of $739,985, expenses of $883,813, total assets of $2,936,209, and liabilities of $780,832.
How much does Marthas Vineyard Playhouse Inc spend on programs vs administration?
Based on IRS 990 analysis, Marthas Vineyard Playhouse Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Marthas Vineyard Playhouse Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Marthas Vineyard Playhouse Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Marthas Vineyard Playhouse Inc?
The following concerns were identified: Revenue has shown significant year-over-year fluctuations, from $1,355,110 in 2022 to $739,985 in 2023, indicating potential instability in funding streams.. Expenses exceeded revenue in 2023 ($883,813 expenses vs. $739,985 revenue), leading to a deficit for the year.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Marthas Vineyard Playhouse Inc's strengths?
Positive indicators for Marthas Vineyard Playhouse Inc include: The organization maintains a healthy asset base, with total assets consistently above $2 million, reaching $2,936,209 in 2023.. Despite revenue fluctuations, the organization has managed to maintain a relatively stable liability profile, with liabilities at $780,832 in 2023.. The organization has demonstrated resilience, continuing operations despite periods of revenue decline.. These findings are derived from AI analysis of the organization's financial filings.
How does Marthas Vineyard Playhouse Inc compensate executives?
Executive compensation information is not provided in the given data, preventing an assessment. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Marthas Vineyard Playhouse Inc?
• The organization's financial filings are publicly accessible, providing a basic level of transparency. • Detailed program spending breakdowns are not immediately apparent from the provided high-level financial data. • No specific transparency report or detailed impact report was readily available in the provided data. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the significant revenue drop from $1,355,110 in 2022 to $739,985 in 2023, what specific strategies are in place to stabilize and grow funding for future years?
Without additional context, it's unclear if this drop is due to a specific event, a change in funding model, or a broader trend. A detailed fundraising strategy and donor retention plan would be crucial to address this volatility.
How does the organization manage its programming and operational costs to ensure sustainability, especially in years where expenses ($883,813 in 2023) exceed revenue ($739,985 in 2023)?
The organization likely draws upon its substantial asset base to cover shortfalls in years where expenses outpace revenue. However, sustained deficits could erode these assets over time, necessitating a review of cost-cutting measures or increased revenue generation.
Filing History
IRS 990 filing history for Marthas Vineyard Playhouse Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Marthas Vineyard Playhouse Inc's revenue has declined by 5.5%, moving from $783K to $740K. Total assets increased by 331.2% over the same period, from $681K to $2.9M. Total functional expenses rose by 110.6%, from $420K to $884K. In its most recent filing year (2023), Marthas Vineyard Playhouse Inc reported a deficit of $144K, with expenses exceeding revenue. The organization holds $781K in liabilities against $2.9M in assets (debt-to-asset ratio: 26.6%), resulting in net assets of $2.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $740K | $884K | $2.9M | $781K | — | — |
| 2022 | $1.4M | $654K | $2.9M | $611K | — | View 990 |
| 2021 | $545K | $505K | $2.2M | $615K | — | View 990 |
| 2020 | $266K | $449K | $2.2M | $659K | — | — |
| 2019 | $696K | $726K | $2.2M | $491K | — | View 990 |
| 2018 | $718K | $760K | $2.3M | $536K | — | View 990 |
| 2017 | $626K | $671K | $2.4M | $576K | — | View 990 |
| 2016 | $608K | $759K | $2.4M | $588K | — | View 990 |
| 2015 | $649K | $810K | $2.6M | $619K | — | View 990 |
| 2014 | $1.0M | $673K | $2.7M | $573K | — | View 990 |
| 2013 | $825K | $299K | $2.1M | $319K | — | View 990 |
| 2012 | $1.1M | $317K | $1.5M | $284K | — | View 990 |
| 2011 | $783K | $420K | $681K | $166K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $740K, expenses of $884K, and assets of $2.9M (revenue -45.4% year-over-year).
- 2022: Revenue of $1.4M, expenses of $654K, and assets of $2.9M (revenue +148.8% year-over-year).
- 2021: Revenue of $545K, expenses of $505K, and assets of $2.2M (revenue +105.1% year-over-year).
- 2020: Revenue of $266K, expenses of $449K, and assets of $2.2M (revenue -61.8% year-over-year).
- 2019: Revenue of $696K, expenses of $726K, and assets of $2.2M (revenue -3.1% year-over-year).
- 2018: Revenue of $718K, expenses of $760K, and assets of $2.3M (revenue +14.8% year-over-year).
- 2017: Revenue of $626K, expenses of $671K, and assets of $2.4M (revenue +2.9% year-over-year).
- 2016: Revenue of $608K, expenses of $759K, and assets of $2.4M (revenue -6.4% year-over-year).
- 2015: Revenue of $649K, expenses of $810K, and assets of $2.6M (revenue -36.9% year-over-year).
- 2014: Revenue of $1.0M, expenses of $673K, and assets of $2.7M (revenue +24.8% year-over-year).
- 2013: Revenue of $825K, expenses of $299K, and assets of $2.1M (revenue -21.6% year-over-year).
- 2012: Revenue of $1.1M, expenses of $317K, and assets of $1.5M (revenue +34.3% year-over-year).
- 2011: Revenue of $783K, expenses of $420K, and assets of $681K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Marthas Vineyard Playhouse Inc:
Data Sources and Methodology
This transparency report for Marthas Vineyard Playhouse 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.