New Dramatists Inc

New Dramatists Inc. shows consistent revenue growth and asset accumulation with no reported officer compensation.

EIN: 131601093 · New York, NY · NTEE: A030 · Updated: 2026-03-28

$3.8MRevenue
$3.3MAssets
85/100Mission Score (Excellent)
A030

Is New Dramatists Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

New Dramatists Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About New Dramatists Inc

New Dramatists Inc (EIN: 131601093) is a nonprofit organization based in New York, NY, classified under NTEE code A030. The organization reported total revenue of $3.8M and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Dramatists Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

New Dramatists Inc. demonstrates a generally healthy financial position, marked by consistent revenue growth over the past several years, from $1,235,781 in 2014 to $1,978,772 in 2023. The organization has also shown a positive trend in net assets, increasing from $1,871,198 in 2014 to $3,321,564 in 2023, indicating sound financial management and accumulation of resources. Their liabilities have remained relatively low and stable, suggesting good fiscal control. Spending efficiency appears strong, with expenses consistently below revenue in recent years, leading to surpluses that contribute to asset growth. For instance, in 2023, expenses were $1,423,983 against revenues of $1,978,772. The absence of reported officer compensation across all available filings is a notable aspect of their financial structure, potentially indicating a volunteer-led executive board or that compensation is covered by other means not reported in this section, which could be a point for further inquiry regarding transparency in leadership costs. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency ratios is limited. Regarding transparency, the consistent filing of IRS Form 990s over 13 periods is a positive indicator. The zero reported officer compensation is a significant data point, suggesting either a highly volunteer-driven leadership or that executive compensation is structured in a way that doesn't appear in the 'Officer Comp' field of the provided data. Further transparency could be enhanced by providing a more granular breakdown of expenses to clearly delineate program delivery versus administrative and fundraising costs.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates New Dramatists 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

According to IRS 990 filings, New Dramatists Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization of this size with revenues approaching $2 million, suggesting either a fully volunteer executive leadership or that compensation is reported under different expense categories.

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 New Dramatists Inc's IRS 990 filings:

Strengths

The following positive indicators were identified for New Dramatists Inc:

Frequently Asked Questions about New Dramatists Inc

Is New Dramatists Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, New Dramatists Inc (EIN: 131601093) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

How does New Dramatists Inc spend its money?

New Dramatists Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to New Dramatists Inc tax-deductible?

New Dramatists Inc is registered as a tax-exempt nonprofit (EIN: 131601093). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does New Dramatists Inc. manage to operate without reported officer compensation?

The consistent reporting of 0% officer compensation across all filings suggests either a volunteer-led executive team or that executive salaries are categorized differently within their expense reporting, which warrants further investigation for clarity.

What is the detailed breakdown of program, administrative, and fundraising expenses?

The provided data does not offer a granular breakdown of expenses into program, administrative, and fundraising categories, which is crucial for a comprehensive assessment of spending efficiency.

What is the organization's strategy for managing its growing assets?

New Dramatists Inc. has shown consistent asset growth, from $1.8M in 2014 to $3.3M in 2023. Understanding their investment and asset management strategy would provide insight into their long-term financial planning.

Filing History

IRS 990 filing history for New Dramatists Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), New Dramatists Inc's revenue has grown by 30.9%, moving from $1.5M to $2.0M. Total assets increased by 43.7% over the same period, from $2.3M to $3.3M. Total functional expenses fell by 3.9%, from $1.5M to $1.4M. In its most recent filing year (2023), New Dramatists Inc reported a surplus of $555K, with revenue exceeding expenses. The organization holds $42K in liabilities against $3.3M in assets (debt-to-asset ratio: 1.3%), resulting in net assets of $3.3M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp.PDF
2023 $2.0M $1.4M $3.3M $42K View 990
2022 $1.7M $1.3M $2.8M $54K View 990
2021 $1.5M $1.2M $2.6M $212K View 990
2020 $1.4M $1.4M $2.3M $215K View 990
2019 $1.3M $1.4M $2.1M $65K View 990
2018 $1.7M $1.4M $2.2M $73K View 990
2017 $1.4M $1.4M $1.9M $74K View 990
2016 $1.3M $1.3M $1.8M $60K View 990
2015 $1.4M $1.4M $1.9M $78K View 990
2014 $1.2M $1.6M $1.9M $71K View 990
2013 $1.3M $1.6M $2.2M $41K View 990
2012 $1.8M $1.5M $2.5M $68K View 990
2011 $1.5M $1.5M $2.3M $74K View 990

Year-by-Year Financial Summary

Data Sources and Methodology

This transparency report for New Dramatists 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.

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