Metropolitan Ensemble Theatre
Metropolitan Ensemble Theatre shows asset growth but frequently operates with expenses exceeding revenue.
EIN: 202576174 · Kansas City, MO · NTEE: A65 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $520K |
| Total Expenses | $547K |
| Program Spending | 80% |
| Net Assets | $-42,466 |
| Transparency Score | 75/100 |
Is Metropolitan Ensemble Theatre Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Metropolitan Ensemble Theatre directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Metropolitan Ensemble Theatre
Metropolitan Ensemble Theatre (EIN: 202576174) is a nonprofit organization based in Kansas City, MO, classified under NTEE code A65. The organization reported total revenue of $520K and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Metropolitan Ensemble Theatre's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Metropolitan Ensemble Theatre is a small nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 1.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $501K |
| Total Expenses | $547K |
| Surplus / Deficit | $-46,210 |
| Total Assets | $1.1M |
| Total Liabilities | $1.2M |
| Net Assets | $-42,466 |
| Operating Margin | -9.2% |
| Debt-to-Asset Ratio | 103.7% |
| Months of Reserves | 24.9 months |
Financial Health Grade: C
In 2022, Metropolitan Ensemble Theatre reported a deficit of $46K with expenses exceeding revenue, holds 24.9 months of operating reserves (strong position), has a debt-to-asset ratio of 103.7% (high leverage).
Financial Trends
Over 12 years of filings (2011–2022), Metropolitan Ensemble Theatre's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +40.9% | +38.2% | +19.7% |
| 2021 | -4.2% | +25.7% | +15.7% |
| 2020 | -14.2% | -36.0% | +28.5% |
| 2019 | -6.3% | -5.9% | +5.5% |
| 2018 | -3.3% | +10.6% | -9.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
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 Metropolitan Ensemble Theatre 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: 80%
- fundraising: 5%
According to IRS 990 filings, Metropolitan Ensemble Theatre allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $46K, with expenses exceeding revenue.
- Debt-to-asset ratio: 103.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to officers, directors, trustees, or key employees, which is highly favorable for donor perception and resource allocation.
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 Metropolitan Ensemble Theatre's IRS 990 filings:
- Frequent periods where expenses exceed revenue, indicating potential operational deficits (e.g., 202206, 202106, 201906, 201806).
- Liabilities have occasionally exceeded assets in past periods (e.g., 202206, 202006), suggesting a high debt-to-asset ratio.
Strengths
The following positive indicators were identified for Metropolitan Ensemble Theatre:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for leadership.
- Significant growth in assets in the latest period, potentially enhancing long-term capacity.
- Long operational history with 12 filings, demonstrating sustained presence in the community.
Frequently Asked Questions about Metropolitan Ensemble Theatre
Is Metropolitan Ensemble Theatre a legitimate charity?
Based on AI analysis of IRS 990 filings, Metropolitan Ensemble Theatre (EIN: 202576174) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Metropolitan Ensemble Theatre spend its money?
Metropolitan Ensemble Theatre directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Metropolitan Ensemble Theatre tax-deductible?
Metropolitan Ensemble Theatre is registered as a tax-exempt nonprofit (EIN: 202576174). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Metropolitan Ensemble Theatre's spending goes to programs?
Metropolitan Ensemble Theatre directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Metropolitan Ensemble Theatre compare to similar nonprofits?
With a transparency score of 75/100 (Good), Metropolitan Ensemble Theatre is above average for NTEE category A65 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Metropolitan Ensemble Theatre located?
Metropolitan Ensemble Theatre is headquartered in Kansas City, Missouri and files with the IRS under EIN 202576174. It is classified under NTEE code A65.
How many years of IRS 990 filings does Metropolitan Ensemble Theatre have?
Metropolitan Ensemble Theatre has 12 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 $520K in total revenue.
Is Metropolitan Ensemble Theatre financially sustainable given its history of expenses exceeding revenue?
The organization has frequently reported expenses exceeding revenue, such as in 202206 ($547,244 expenses vs. $501,034 revenue) and 202106 ($396,087 expenses vs. $355,652 revenue). While this isn't uncommon for nonprofits, a consistent pattern could indicate long-term sustainability challenges if not addressed by increased revenue or cost efficiencies.
What is the nature of the significant asset growth in the latest period?
The organization's assets jumped from $1,135,281 in 202206 to $2,027,623 in the latest period. Understanding whether this growth is due to property acquisition, investments, or other factors is crucial for assessing financial health and mission impact.
How does the organization manage its liabilities, which have sometimes exceeded assets?
In periods like 202206 ($1,177,747 liabilities vs. $1,135,281 assets) and 202006 ($821,825 liabilities vs. $819,853 assets), liabilities surpassed assets. This indicates a potentially high debt burden relative to available resources, which could impact financial flexibility.
Filing History
IRS 990 filing history for Metropolitan Ensemble Theatre showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Metropolitan Ensemble Theatre's revenue has grown by 11.8%, moving from $448K to $501K. Total assets increased by 2027.4% over the same period, from $53K to $1.1M. Total functional expenses rose by 25.7%, from $435K to $547K. In its most recent filing year (2022), Metropolitan Ensemble Theatre reported a deficit of $46K, with expenses exceeding revenue. The organization holds $1.2M in liabilities against $1.1M in assets (debt-to-asset ratio: 103.7%), resulting in net assets of $-42,466.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $501K | $547K | $1.1M | $1.2M | — | View 990 |
| 2021 | $356K | $396K | $948K | $815K | — | View 990 |
| 2020 | $371K | $315K | $820K | $822K | — | View 990 |
| 2019 | $433K | $492K | $638K | $696K | — | View 990 |
| 2018 | $462K | $523K | $605K | $603K | — | View 990 |
| 2017 | $478K | $473K | $671K | $608K | — | View 990 |
| 2016 | $598K | $594K | $577K | $604K | — | View 990 |
| 2015 | $433K | $431K | $50K | $80K | — | — |
| 2014 | $504K | $501K | $30K | $34K | — | View 990 |
| 2013 | $457K | $464K | $41K | $48K | — | View 990 |
| 2012 | $395K | $390K | $54K | $55K | — | View 990 |
| 2011 | $448K | $435K | $53K | $59K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $501K, expenses of $547K, and assets of $1.1M (revenue +40.9% year-over-year).
- 2021: Revenue of $356K, expenses of $396K, and assets of $948K (revenue -4.2% year-over-year).
- 2020: Revenue of $371K, expenses of $315K, and assets of $820K (revenue -14.2% year-over-year).
- 2019: Revenue of $433K, expenses of $492K, and assets of $638K (revenue -6.3% year-over-year).
- 2018: Revenue of $462K, expenses of $523K, and assets of $605K (revenue -3.3% year-over-year).
- 2017: Revenue of $478K, expenses of $473K, and assets of $671K (revenue -20.1% year-over-year).
- 2016: Revenue of $598K, expenses of $594K, and assets of $577K (revenue +38.1% year-over-year).
- 2015: Revenue of $433K, expenses of $431K, and assets of $50K (revenue -14.1% year-over-year).
- 2014: Revenue of $504K, expenses of $501K, and assets of $30K (revenue +10.2% year-over-year).
- 2013: Revenue of $457K, expenses of $464K, and assets of $41K (revenue +15.7% year-over-year).
- 2012: Revenue of $395K, expenses of $390K, and assets of $54K (revenue -11.8% year-over-year).
- 2011: Revenue of $448K, expenses of $435K, and assets of $53K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Metropolitan Ensemble Theatre:
Data Sources and Methodology
This transparency report for Metropolitan Ensemble 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.