Mccarter Theatre Company
Mccarter Theatre Company shows long-term asset growth despite recent operating deficit.
EIN: 210724198 · Princeton, NJ · NTEE: A610 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $20.0M |
| Total Expenses | $13.8M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $20 |
| Net Assets | $33.3M |
| Transparency Score | 75/100 |
Is Mccarter Theatre Company Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mccarter Theatre Company directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mccarter Theatre Company
Mccarter Theatre Company (EIN: 210724198) is a nonprofit organization based in Princeton, NJ, classified under NTEE code A610. The organization reported total revenue of $20.0M and total assets of $36.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mccarter Theatre Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mccarter Theatre Company is a large nonprofit that has been operating for 63 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 | $9.2M |
| Total Expenses | $13.8M |
| Surplus / Deficit | $-4,620,421 |
| Total Assets | $37.7M |
| Total Liabilities | $4.4M |
| Net Assets | $33.3M |
| Operating Margin | -50.2% |
| Debt-to-Asset Ratio | 11.6% |
| Months of Reserves | 32.8 months |
Financial Health Grade: B
In 2023, Mccarter Theatre Company reported a deficit of $4.6M with expenses exceeding revenue, holds 32.8 months of operating reserves (strong position), has a debt-to-asset ratio of 11.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mccarter Theatre Company's revenue has declined at a compound annual growth rate (CAGR) of -0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -35.9% | +21.6% | -12.6% |
| 2022 | +88.9% | +125.9% | +2.2% |
| 2021 | -34.7% | -57.6% | +48.9% |
| 2020 | -5.0% | -10.0% | -6.2% |
| 2019 | -11.6% | +4.0% | -3.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1963 |
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 Mccarter Theatre Company 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: 75%
- fundraising: 10%
According to IRS 990 filings, Mccarter Theatre Company allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $4.6M, with expenses exceeding revenue.
- Debt-to-asset ratio: 11.6%.
Executive Compensation Analysis
The provided data consistently reports 0% officer compensation across all filing periods, which is unusual for an organization of this size with revenues exceeding $20 million in some years. This suggests executive compensation may be reported under other expense categories or that the organization's leadership structure is compensated differently, warranting further investigation of the full 990 forms.
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 Mccarter Theatre Company's IRS 990 filings:
- Operating deficit in the most recent filing period (202306: Expenses $13.8M > Revenue $9.1M)
- Unusually low (0%) reported officer compensation across all filings, potentially obscuring executive pay details.
Strengths
The following positive indicators were identified for Mccarter Theatre Company:
- Significant long-term asset growth (from $18.3M in 201406 to $37.7M in 202306)
- Consistent IRS 990 filing history (13 filings) demonstrating transparency and compliance
- Manageable liabilities relative to assets, indicating good financial health
- Strong revenue periods, such as $14.3M in 202206 and the latest reported $20.0M
Frequently Asked Questions about Mccarter Theatre Company
Is Mccarter Theatre Company a legitimate charity?
Based on AI analysis of IRS 990 filings, Mccarter Theatre Company (EIN: 210724198) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Mccarter Theatre Company spend its money?
Mccarter Theatre Company directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mccarter Theatre Company tax-deductible?
Mccarter Theatre Company is registered as a tax-exempt nonprofit (EIN: 210724198). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mccarter Theatre Company CEO make?
Mccarter Theatre Company's highest-compensated officer earns $20 annually. The organization reported $20.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mccarter Theatre Company's spending goes to programs?
Mccarter Theatre Company directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mccarter Theatre Company compare to similar nonprofits?
With a transparency score of 75/100 (Good), Mccarter Theatre Company 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 Mccarter Theatre Company located?
Mccarter Theatre Company is headquartered in Princeton, New Jersey and files with the IRS under EIN 210724198. It is classified under NTEE code A610.
How many years of IRS 990 filings does Mccarter Theatre Company have?
Mccarter 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 $20.0M in total revenue.
Is Mccarter Theatre Company financially stable?
Yes, despite a deficit in 202306 ($9.1M revenue vs. $13.8M expenses), the organization has demonstrated long-term financial stability with assets growing from $18.3M in 201406 to $37.7M in 202306, and generally manageable liabilities.
How has Mccarter Theatre Company's revenue trended?
Revenue has fluctuated, with a high of $14.7M in 201506 and $14.3M in 202206, but also lows like $7.5M in 202106 and $9.1M in 202306. The latest revenue of $20,036,621 (latest available) indicates strong overall financial activity.
What is the trend in Mccarter Theatre Company's assets?
Assets have shown a strong upward trend, more than doubling from $18,397,507 in 201406 to $37,715,976 in 202306, indicating significant growth in financial resources.
Why is officer compensation reported as 0%?
The consistent reporting of 0% officer compensation across all filings is unusual for an organization of this scale. This could mean compensation is categorized differently, or that the summary data does not capture the full picture, requiring a review of the detailed 990 forms.
Filing History
IRS 990 filing history for Mccarter Theatre Company showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mccarter Theatre Company's revenue has declined by 5.3%, moving from $9.7M to $9.2M. Total assets increased by 85.8% over the same period, from $20.3M to $37.7M. Total functional expenses rose by 30.5%, from $10.6M to $13.8M. In its most recent filing year (2023), Mccarter Theatre Company reported a deficit of $4.6M, with expenses exceeding revenue. The organization holds $4.4M in liabilities against $37.7M in assets (debt-to-asset ratio: 11.6%), resulting in net assets of $33.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.2M | $13.8M | $37.7M | $4.4M | — | View 990 |
| 2022 | $14.3M | $11.4M | $43.1M | $3.2M | — | View 990 |
| 2021 | $7.6M | $5.0M | $42.2M | $3.3M | — | View 990 |
| 2020 | $11.6M | $11.9M | $28.3M | $3.2M | — | View 990 |
| 2019 | $12.2M | $13.2M | $30.2M | $3.4M | — | View 990 |
| 2018 | $13.8M | $12.7M | $31.3M | $3.4M | — | View 990 |
| 2017 | $14.0M | $11.9M | $27.8M | $2.7M | — | View 990 |
| 2016 | $12.1M | $11.3M | $23.8M | $1.9M | — | View 990 |
| 2015 | $14.8M | $10.9M | $23.4M | $1.8M | — | View 990 |
| 2014 | $10.6M | $10.9M | $18.4M | $1.9M | — | View 990 |
| 2013 | $10.8M | $11.8M | $17.5M | $1.6M | — | View 990 |
| 2012 | $9.7M | $11.4M | $18.1M | $1.9M | — | View 990 |
| 2011 | $9.7M | $10.6M | $20.3M | $2.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.2M, expenses of $13.8M, and assets of $37.7M (revenue -35.9% year-over-year).
- 2022: Revenue of $14.3M, expenses of $11.4M, and assets of $43.1M (revenue +88.9% year-over-year).
- 2021: Revenue of $7.6M, expenses of $5.0M, and assets of $42.2M (revenue -34.7% year-over-year).
- 2020: Revenue of $11.6M, expenses of $11.9M, and assets of $28.3M (revenue -5.0% year-over-year).
- 2019: Revenue of $12.2M, expenses of $13.2M, and assets of $30.2M (revenue -11.6% year-over-year).
- 2018: Revenue of $13.8M, expenses of $12.7M, and assets of $31.3M (revenue -1.2% year-over-year).
- 2017: Revenue of $14.0M, expenses of $11.9M, and assets of $27.8M (revenue +15.6% year-over-year).
- 2016: Revenue of $12.1M, expenses of $11.3M, and assets of $23.8M (revenue -18.2% year-over-year).
- 2015: Revenue of $14.8M, expenses of $10.9M, and assets of $23.4M (revenue +39.5% year-over-year).
- 2014: Revenue of $10.6M, expenses of $10.9M, and assets of $18.4M (revenue -2.2% year-over-year).
- 2013: Revenue of $10.8M, expenses of $11.8M, and assets of $17.5M (revenue +12.3% year-over-year).
- 2012: Revenue of $9.7M, expenses of $11.4M, and assets of $18.1M (revenue -0.6% year-over-year).
- 2011: Revenue of $9.7M, expenses of $10.6M, and assets of $20.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mccarter Theatre Company:
Data Sources and Methodology
This transparency report for Mccarter 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.