Mutual Dance Theatre And Arts Centers
EIN: 260905825 · Cincinnati, OH · NTEE: A62
| Metric | Value |
|---|---|
| Total Revenue | $422K |
| Total Expenses | $373K |
| Net Assets | $181K |
Is Mutual Dance Theatre And Arts Centers Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mutual Dance Theatre And Arts Centers
Mutual Dance Theatre And Arts Centers (EIN: 260905825) is a nonprofit organization based in Cincinnati, OH, classified under NTEE code A62. The organization reported total revenue of $422K and total assets of $405K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mutual Dance Theatre And Arts Centers's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mutual Dance Theatre And Arts Centers is a small nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 22.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $337K |
| Total Expenses | $373K |
| Surplus / Deficit | $-36,860 |
| Total Assets | $430K |
| Total Liabilities | $249K |
| Net Assets | $181K |
| Operating Margin | -11.0% |
| Debt-to-Asset Ratio | 58.0% |
| Months of Reserves | 13.8 months |
Financial Health Grade: C
In 2023, Mutual Dance Theatre And Arts Centers reported a deficit of $37K with expenses exceeding revenue, holds 13.8 months of operating reserves (strong position), has a debt-to-asset ratio of 58.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mutual Dance Theatre And Arts Centers's revenue has grown at a compound annual growth rate (CAGR) of 22.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -26.9% | +13.0% | -9.4% |
| 2022 | +110.8% | +102.1% | +32.4% |
| 2021 | +86.4% | +2.7% | +649.2% |
| 2020 | -13.5% | +26.8% | -14.4% |
| 2019 | +4.2% | -3.0% | +23.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mutual Dance Theatre And Arts Centers has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mutual Dance Theatre And Arts Centers with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $37K, with expenses exceeding revenue.
- Debt-to-asset ratio: 58.0%.
Frequently Asked Questions about Mutual Dance Theatre And Arts Centers
Is Mutual Dance Theatre And Arts Centers a legitimate charity?
Mutual Dance Theatre And Arts Centers (EIN: 260905825) is a registered tax-exempt nonprofit based in Ohio. It has 13 years of IRS 990 filings on record. Total revenue: $422K. No red flags identified. Financial health grade: C.
How does Mutual Dance Theatre And Arts Centers spend its money?
Mutual Dance Theatre And Arts Centers reported $422K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mutual Dance Theatre And Arts Centers tax-deductible?
Mutual Dance Theatre And Arts Centers is registered as a tax-exempt nonprofit (EIN: 260905825). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mutual Dance Theatre And Arts Centers located?
Mutual Dance Theatre And Arts Centers is headquartered in Cincinnati, Ohio and files with the IRS under EIN 260905825. It is classified under NTEE code A62.
How many years of IRS 990 filings does Mutual Dance Theatre And Arts Centers have?
Mutual Dance Theatre And Arts Centers 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 $422K in total revenue.
Filing History
IRS 990 filing history for Mutual Dance Theatre And Arts Centers showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mutual Dance Theatre And Arts Centers's revenue has grown by 1005.3%, moving from $30K to $337K. Total assets increased by 81845.1% over the same period, from $525 to $430K. Total functional expenses rose by 1106%, from $31K to $373K. In its most recent filing year (2023), Mutual Dance Theatre And Arts Centers reported a deficit of $37K, with expenses exceeding revenue. The organization holds $249K in liabilities against $430K in assets (debt-to-asset ratio: 58.0%), resulting in net assets of $181K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $337K | $373K | $430K | $249K | — | View 990 |
| 2022 | $460K | $331K | $475K | $257K | — | View 990 |
| 2021 | $218K | $164K | $359K | $271K | — | View 990 |
| 2020 | $117K | $159K | $48K | $41K | — | View 990 |
| 2019 | $135K | $126K | $56K | $3K | — | View 990 |
| 2018 | $130K | $129K | $45K | $3K | — | View 990 |
| 2017 | $134K | $117K | $44K | $2K | — | View 990 |
| 2016 | $124K | $113K | $28K | $3K | — | View 990 |
| 2015 | $97K | $97K | $15K | $2K | — | View 990 |
| 2014 | $71K | $66K | $12K | $0 | — | View 990 |
| 2013 | $54K | $51K | $7K | $204 | — | View 990 |
| 2012 | $47K | $44K | $4K | $88 | — | View 990 |
| 2011 | $30K | $31K | $525 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $337K, expenses of $373K, and assets of $430K (revenue -26.9% year-over-year).
- 2022: Revenue of $460K, expenses of $331K, and assets of $475K (revenue +110.8% year-over-year).
- 2021: Revenue of $218K, expenses of $164K, and assets of $359K (revenue +86.4% year-over-year).
- 2020: Revenue of $117K, expenses of $159K, and assets of $48K (revenue -13.5% year-over-year).
- 2019: Revenue of $135K, expenses of $126K, and assets of $56K (revenue +4.2% year-over-year).
- 2018: Revenue of $130K, expenses of $129K, and assets of $45K (revenue -3.1% year-over-year).
- 2017: Revenue of $134K, expenses of $117K, and assets of $44K (revenue +7.8% year-over-year).
- 2016: Revenue of $124K, expenses of $113K, and assets of $28K (revenue +28.1% year-over-year).
- 2015: Revenue of $97K, expenses of $97K, and assets of $15K (revenue +37.0% year-over-year).
- 2014: Revenue of $71K, expenses of $66K, and assets of $12K (revenue +30.3% year-over-year).
- 2013: Revenue of $54K, expenses of $51K, and assets of $7K (revenue +15.5% year-over-year).
- 2012: Revenue of $47K, expenses of $44K, and assets of $4K (revenue +54.7% year-over-year).
- 2011: Revenue of $30K, expenses of $31K, and assets of $525.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mutual Dance Theatre And Arts Centers:
Data Sources and Methodology
This transparency report for Mutual Dance Theatre And Arts Centers 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.