National Association Of Schools Of Theater Inc
National Association Of Schools Of Theater Inc: Stable Finances, High Programmatic Spending
EIN: 222273558 · Reston, VA · NTEE: A6EC · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $388K |
| Total Expenses | $349K |
| Program Spending | 89% |
| Net Assets | $449K |
| Transparency Score | 85/100 |
Is National Association Of Schools Of Theater Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
National Association Of Schools Of Theater Inc directs 89% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About National Association Of Schools Of Theater Inc
National Association Of Schools Of Theater Inc (EIN: 222273558) is a nonprofit organization based in Reston, VA, classified under NTEE code A6EC. The organization reported total revenue of $388K and total assets of $394K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Association Of Schools Of Theater Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Association Of Schools Of Theater Inc is a small nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $356K |
| Total Expenses | $349K |
| Surplus / Deficit | +$7K |
| Total Assets | $449K |
| Net Assets | $449K |
| Operating Margin | 1.9% |
| Months of Reserves | 15.4 months |
Financial Health Grade: A
In 2024, National Association Of Schools Of Theater Inc reported a surplus of $7K with revenue exceeding expenses, holds 15.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), National Association Of Schools Of Theater Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +4.5% | -0.7% | +9.4% |
| 2023 | +1.9% | +15.0% | +5.9% |
| 2022 | +17.5% | +17.9% | -4.0% |
| 2021 | -2.4% | +7.7% | +7.5% |
| 2020 | -7.5% | -21.4% | +15.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1981 |
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 National Association Of Schools Of Theater 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: 5%
- programs: 89%
- fundraising: 6%
According to IRS 990 filings, National Association Of Schools Of Theater Inc allocates its expenses as follows: admin: 5%, programs: 89%, fundraising: 6%. With 89% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $7K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation cannot be assessed due to the absence of specific compensation figures in the provided financial data.
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.
Strengths
The following positive indicators were identified for National Association Of Schools Of Theater Inc:
- Consistently high percentage of expenses dedicated to programs (89% in 2024).
- Zero reported liabilities across all available fiscal years, indicating strong financial health.
- Assets consistently exceed revenue and expenses, demonstrating financial stability.
Frequently Asked Questions about National Association Of Schools Of Theater Inc
Is National Association Of Schools Of Theater Inc a legitimate charity?
National Association Of Schools Of Theater Inc (EIN: 222273558) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $388K. No red flags identified. 3 strengths noted. Financial health grade: A.
How does National Association Of Schools Of Theater Inc spend its money?
National Association Of Schools Of Theater Inc directs 89% of its spending to programs and services. Fundraising costs 6%. This exceeds the 65% industry benchmark.
Are donations to National Association Of Schools Of Theater Inc tax-deductible?
National Association Of Schools Of Theater Inc is registered as a tax-exempt nonprofit (EIN: 222273558). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of National Association Of Schools Of Theater Inc's spending goes to programs?
National Association Of Schools Of Theater Inc directs 89% to programs, 6% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does National Association Of Schools Of Theater Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), National Association Of Schools Of Theater Inc is above average for NTEE category A6EC nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is National Association Of Schools Of Theater Inc located?
National Association Of Schools Of Theater Inc is headquartered in Reston, Virginia and files with the IRS under EIN 222273558. It is classified under NTEE code A6EC.
How many years of IRS 990 filings does National Association Of Schools Of Theater Inc have?
National Association Of Schools Of Theater 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 $388K in total revenue.
What does National Association Of Schools Of Theater Inc do?
National Association Of Schools Of Theater Inc is a nonprofit organization in the Arts, Culture & Humanities sector, located in Reston, Virginia. It is classified under NTEE code A6EC.
How much revenue does National Association Of Schools Of Theater Inc have?
National Association Of Schools Of Theater Inc reported total revenue of $388,489. Based on 13 IRS 990 filings on record.
What are National Association Of Schools Of Theater Inc's total assets?
National Association Of Schools Of Theater Inc holds total assets of $394,287 as reported in IRS 990 filings.
Where is National Association Of Schools Of Theater Inc located?
National Association Of Schools Of Theater Inc is based in Reston, Virginia.
What is National Association Of Schools Of Theater Inc's EIN?
National Association Of Schools Of Theater Inc's Employer Identification Number (EIN) is 222273558. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is National Association Of Schools Of Theater Inc?
National Association Of Schools Of Theater Inc is classified under NTEE code A6EC (Arts, Culture & Humanities).
Is National Association Of Schools Of Theater Inc a registered 501(c)(3)?
Yes, National Association Of Schools Of Theater Inc is recognized as a tax-exempt organization by the IRS. EIN: 222273558.
Does National Association Of Schools Of Theater Inc file IRS Form 990?
Yes, National Association Of Schools Of Theater Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was National Association Of Schools Of Theater Inc's revenue in 2024?
In the 202406 filing period, National Association Of Schools Of Theater Inc reported total revenue of $356,155, total expenses of $349,383, and net assets of $448,625.
Is National Association Of Schools Of Theater Inc's revenue growing or declining?
National Association Of Schools Of Theater Inc's revenue is relatively stable. Revenue went from $340,712 (202306) to $356,155 (202406), a +4.5% change. Based on 13 filings on record.
What is National Association Of Schools Of Theater Inc's most recent 990 filing?
The most recent IRS Form 990 filing for National Association Of Schools Of Theater Inc covers tax period 202406. It shows revenue of $356,155, expenses of $349,383, total assets of $448,625, and liabilities of N/A.
How much does National Association Of Schools Of Theater Inc spend on programs vs administration?
Based on IRS 990 analysis, National Association Of Schools Of Theater Inc allocates approximately 89% of expenses to program services, 5% to administrative costs, and 6% to fundraising. This indicates strong program focus.
Is National Association Of Schools Of Theater Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, National Association Of Schools Of Theater Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are National Association Of Schools Of Theater Inc's strengths?
Positive indicators for National Association Of Schools Of Theater Inc include: Consistently high percentage of expenses dedicated to programs (89% in 2024).. Zero reported liabilities across all available fiscal years, indicating strong financial health.. Assets consistently exceed revenue and expenses, demonstrating financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does National Association Of Schools Of Theater Inc compensate executives?
Executive compensation cannot be assessed due to the absence of specific compensation figures in the provided financial data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is National Association Of Schools Of Theater Inc?
• 2024 filings show total expenses of $349,383. • No liabilities reported across all available filings. • Compensation information is not detailed in the provided data. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How does the organization maintain zero liabilities despite fluctuating revenues?
The organization consistently manages its expenses to remain below its revenue and asset levels, preventing the accumulation of debt. For example, in 2024, with revenue of $356,155 and expenses of $349,383, a surplus was maintained, contributing to its liability-free status.
What is the trend in administrative and fundraising costs relative to program spending?
Based on the 2024 data, administrative and fundraising costs are very low (5% and 6% respectively) compared to program spending (89%). This indicates a strong focus on direct mission-related activities, with minimal overhead.
Filing History
IRS 990 filing history for National Association Of Schools Of Theater Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), National Association Of Schools Of Theater Inc's revenue has grown by 33%, moving from $268K to $356K. Total assets increased by 77.9% over the same period, from $252K to $449K. Total functional expenses rose by 45.2%, from $241K to $349K. In its most recent filing year (2024), National Association Of Schools Of Theater Inc reported a surplus of $7K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $356K | $349K | $449K | $0 | — | — |
| 2023 | $341K | $352K | $410K | $0 | — | View 990 |
| 2022 | $334K | $306K | $387K | $0 | — | View 990 |
| 2021 | $285K | $260K | $403K | $0 | — | View 990 |
| 2020 | $292K | $241K | $375K | $0 | — | View 990 |
| 2019 | $315K | $307K | $324K | $0 | — | View 990 |
| 2018 | $317K | $313K | $316K | $0 | — | View 990 |
| 2017 | $313K | $307K | $312K | $0 | — | View 990 |
| 2016 | $305K | $285K | $306K | $0 | — | View 990 |
| 2015 | $318K | $302K | $287K | $0 | — | View 990 |
| 2014 | $293K | $292K | $271K | $0 | — | View 990 |
| 2013 | $273K | $256K | $269K | $0 | — | View 990 |
| 2012 | $268K | $241K | $252K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $356K, expenses of $349K, and assets of $449K (revenue +4.5% year-over-year).
- 2023: Revenue of $341K, expenses of $352K, and assets of $410K (revenue +1.9% year-over-year).
- 2022: Revenue of $334K, expenses of $306K, and assets of $387K (revenue +17.5% year-over-year).
- 2021: Revenue of $285K, expenses of $260K, and assets of $403K (revenue -2.4% year-over-year).
- 2020: Revenue of $292K, expenses of $241K, and assets of $375K (revenue -7.5% year-over-year).
- 2019: Revenue of $315K, expenses of $307K, and assets of $324K (revenue -0.6% year-over-year).
- 2018: Revenue of $317K, expenses of $313K, and assets of $316K (revenue +1.4% year-over-year).
- 2017: Revenue of $313K, expenses of $307K, and assets of $312K (revenue +2.8% year-over-year).
- 2016: Revenue of $305K, expenses of $285K, and assets of $306K (revenue -4.2% year-over-year).
- 2015: Revenue of $318K, expenses of $302K, and assets of $287K (revenue +8.4% year-over-year).
- 2014: Revenue of $293K, expenses of $292K, and assets of $271K (revenue +7.3% year-over-year).
- 2013: Revenue of $273K, expenses of $256K, and assets of $269K (revenue +2.1% year-over-year).
- 2012: Revenue of $268K, expenses of $241K, and assets of $252K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Association Of Schools Of Theater Inc:
Data Sources and Methodology
This transparency report for National Association Of Schools Of Theater 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.