National Black Theatre Workshop Incorporated
National Black Theatre Workshop shows strong asset growth and no reported officer compensation amidst fluctuating revenues.
EIN: 132632596 · New York, NY · NTEE: A650 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.9M |
| Total Expenses | $4.0M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $5.0M |
| Transparency Score | 92/100 |
Is National Black Theatre Workshop Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
National Black Theatre Workshop Incorporated directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About National Black Theatre Workshop Incorporated
National Black Theatre Workshop Incorporated (EIN: 132632596) is a nonprofit organization based in New York, NY, classified under NTEE code A650. The organization reported total revenue of $3.9M and total assets of $5.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Black Theatre Workshop Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Black Theatre Workshop Incorporated is a mid-size nonprofit that has been operating for 56 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 19.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.9M |
| Total Expenses | $4.0M |
| Surplus / Deficit | $-92,549 |
| Total Assets | $5.9M |
| Total Liabilities | $851K |
| Net Assets | $5.0M |
| Operating Margin | -2.4% |
| Debt-to-Asset Ratio | 14.5% |
| Months of Reserves | 17.6 months |
Financial Health Grade: B
In 2023, National Black Theatre Workshop Incorporated reported a deficit of $93K with expenses exceeding revenue, holds 17.6 months of operating reserves (strong position), has a debt-to-asset ratio of 14.5% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), National Black Theatre Workshop Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 19.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -23.8% | +50.9% | +0.4% |
| 2022 | +130.2% | +84.5% | +97.1% |
| 2021 | -10.1% | +9.7% | +43.4% |
| 2020 | +97.8% | +21.3% | +179.3% |
| 2019 | +1.7% | +16.0% | +15.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2300 |
| IRS Ruling Date | 1970 |
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 Black Theatre Workshop Incorporated with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, National Black Theatre Workshop Incorporated allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $93K, with expenses exceeding revenue.
- Debt-to-asset ratio: 14.5%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received reportable compensation, which is highly unusual for an organization with revenues reaching over $5 million and suggests a strong commitment to directing funds to programs.
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 National Black Theatre Workshop Incorporated's IRS 990 filings:
- Expenses slightly exceeded revenue in the most recent filing (202310), leading to a minor deficit.
Strengths
The following positive indicators were identified for National Black Theatre Workshop Incorporated:
- No reported officer compensation across all filings, indicating high efficiency and mission focus.
- Significant and consistent asset growth, from $740,844 in 2019 to $5,870,743 in 2023.
- Substantial revenue growth over the past decade, demonstrating increasing support.
- Strong financial health with a healthy reserve indicated by growing assets relative to liabilities.
Frequently Asked Questions about National Black Theatre Workshop Incorporated
Is National Black Theatre Workshop Incorporated a legitimate charity?
National Black Theatre Workshop Incorporated (EIN: 132632596) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 14 years of IRS 990 filings on record. Total revenue: $3.9M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does National Black Theatre Workshop Incorporated spend its money?
National Black Theatre Workshop Incorporated directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to National Black Theatre Workshop Incorporated tax-deductible?
National Black Theatre Workshop Incorporated is registered as a tax-exempt nonprofit (EIN: 132632596). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the National Black Theatre Workshop Incorporated CEO make?
National Black Theatre Workshop Incorporated's highest-compensated officer earns $5 annually. The organization reported $3.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of National Black Theatre Workshop Incorporated's spending goes to programs?
National Black Theatre Workshop Incorporated directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does National Black Theatre Workshop Incorporated compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), National Black Theatre Workshop Incorporated is above average for NTEE category A650 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is National Black Theatre Workshop Incorporated located?
National Black Theatre Workshop Incorporated is headquartered in New York, New York and files with the IRS under EIN 132632596. It is classified under NTEE code A650.
How many years of IRS 990 filings does National Black Theatre Workshop Incorporated have?
National Black Theatre Workshop Incorporated has 14 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 $3.9M in total revenue.
How does National Black Theatre Workshop sustain its operations without reported officer compensation?
The consistent reporting of 0% officer compensation suggests either a volunteer-led executive team or that compensation falls below IRS reporting thresholds for officers, which is rare for an organization of this scale. This implies a very lean administrative structure or significant in-kind contributions for leadership.
What caused the significant revenue increase between 2019 and 2022?
Revenue surged from $1,254,874 in 2019 to $5,134,746 in 2022, indicating successful fundraising campaigns, increased grant funding, or expanded program activities during that period.
Why did expenses exceed revenue in the 202310 period?
In 202310, expenses ($4,002,688) slightly surpassed revenue ($3,910,139), resulting in a minor deficit. This could be due to strategic investments, one-time capital expenditures, or a temporary dip in funding following a period of high revenue.
What is the organization's long-term strategy for asset growth?
Assets have grown substantially from $740,844 in 2019 to $5,870,743 in 2023. This consistent growth suggests a strategy of reinvesting surpluses and building reserves, potentially for future expansion or capital projects.
Filing History
IRS 990 filing history for National Black Theatre Workshop Incorporated showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), National Black Theatre Workshop Incorporated's revenue has grown by 951.8%, moving from $372K to $3.9M. Total assets increased by 266.2% over the same period, from $1.6M to $5.9M. Total functional expenses rose by 844.9%, from $424K to $4.0M. In its most recent filing year (2023), National Black Theatre Workshop Incorporated reported a deficit of $93K, with expenses exceeding revenue. The organization holds $851K in liabilities against $5.9M in assets (debt-to-asset ratio: 14.5%), resulting in net assets of $5.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.9M | $4.0M | $5.9M | $851K | — | — |
| 2022 | $5.1M | $2.7M | $5.8M | $736K | — | View 990 |
| 2021 | $2.2M | $1.4M | $3.0M | $337K | — | View 990 |
| 2020 | $2.5M | $1.3M | $2.1M | $232K | — | — |
| 2019 | $1.3M | $1.1M | $741K | $74K | — | View 990 |
| 2018 | $1.2M | $932K | $641K | $147K | — | View 990 |
| 2017 | $704K | $732K | $225K | $22K | — | — |
| 2016 | $868K | $587K | $330K | $28K | — | View 990 |
| 2015 | $716K | $612K | $446K | $315K | — | View 990 |
| 2014 | $444K | $453K | $319K | $291K | — | View 990 |
| 2013 | $509K | $519K | $132K | $299K | — | View 990 |
| 2012 | $534K | $470K | $112K | $269K | — | View 990 |
| 2011 | $405K | $430K | $1.6M | $1.1M | — | View 990 |
| 2010 | $372K | $424K | $1.6M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.9M, expenses of $4.0M, and assets of $5.9M (revenue -23.8% year-over-year).
- 2022: Revenue of $5.1M, expenses of $2.7M, and assets of $5.8M (revenue +130.2% year-over-year).
- 2021: Revenue of $2.2M, expenses of $1.4M, and assets of $3.0M (revenue -10.1% year-over-year).
- 2020: Revenue of $2.5M, expenses of $1.3M, and assets of $2.1M (revenue +97.8% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.1M, and assets of $741K (revenue +1.7% year-over-year).
- 2018: Revenue of $1.2M, expenses of $932K, and assets of $641K (revenue +75.2% year-over-year).
- 2017: Revenue of $704K, expenses of $732K, and assets of $225K (revenue -18.8% year-over-year).
- 2016: Revenue of $868K, expenses of $587K, and assets of $330K (revenue +21.2% year-over-year).
- 2015: Revenue of $716K, expenses of $612K, and assets of $446K (revenue +61.0% year-over-year).
- 2014: Revenue of $444K, expenses of $453K, and assets of $319K (revenue -12.8% year-over-year).
- 2013: Revenue of $509K, expenses of $519K, and assets of $132K (revenue -4.7% year-over-year).
- 2012: Revenue of $534K, expenses of $470K, and assets of $112K (revenue +32.1% year-over-year).
- 2011: Revenue of $405K, expenses of $430K, and assets of $1.6M (revenue +8.8% year-over-year).
- 2010: Revenue of $372K, expenses of $424K, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Black Theatre Workshop Incorporated:
Data Sources and Methodology
This transparency report for National Black Theatre Workshop Incorporated 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.