New Surry Repertory Theatre And Acting School Inc
New Surry Repertory Theatre: Consistent Deficits, Declining Assets
EIN: 223014891 · Blue Hill, ME · Updated: 2026-04-04
About New Surry Repertory Theatre And Acting School Inc
New Surry Repertory Theatre And Acting School Inc (EIN: 223014891) is a nonprofit organization based in Blue Hill, ME. The organization reported total revenue of $162K and total assets of $41K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Surry Repertory Theatre And Acting School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New Surry Repertory Theatre And Acting School Inc with a Mission Score of 65 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, New Surry Repertory Theatre And Acting School Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation cannot be assessed as no Form 990s are available to disclose this information.
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 Surry Repertory Theatre And Acting School Inc's IRS 990 filings:
- Consistent operating deficits: Expenses have exceeded revenue in most reported years (e.g., 2023: r89211, x101938; 2022: r100040, x120161).
- Declining assets: Total assets have decreased significantly from $75,975 in 2020 to $1,588 in 2023.
- Lack of public Form 990 filings: This severely limits transparency and detailed financial scrutiny.
Strengths
The following positive indicators were identified for New Surry Repertory Theatre And Acting School Inc:
- Long-standing presence in the community since at least 2016.
Frequently Asked Questions about New Surry Repertory Theatre And Acting School Inc
What does New Surry Repertory Theatre And Acting School Inc do?
New Surry Repertory Theatre And Acting School Inc is a nonprofit organization in the Unknown sector, located in Blue Hill, Maine. It is classified under NTEE code Unknown.
How much revenue does New Surry Repertory Theatre And Acting School Inc have?
New Surry Repertory Theatre And Acting School Inc reported total revenue of $162,494. Based on 13 IRS 990 filings on record.
What are New Surry Repertory Theatre And Acting School Inc's total assets?
New Surry Repertory Theatre And Acting School Inc holds total assets of $41,325 as reported in IRS 990 filings.
Where is New Surry Repertory Theatre And Acting School Inc located?
New Surry Repertory Theatre And Acting School Inc is based in Blue Hill, Maine.
What is New Surry Repertory Theatre And Acting School Inc's EIN?
New Surry Repertory Theatre And Acting School Inc's Employer Identification Number (EIN) is 223014891. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is New Surry Repertory Theatre And Acting School Inc?
New Surry Repertory Theatre And Acting School Inc is classified under NTEE code Unknown (Unknown).
Is New Surry Repertory Theatre And Acting School Inc a registered 501(c)(3)?
New Surry Repertory Theatre And Acting School Inc appears in IRS records (EIN: 223014891). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does New Surry Repertory Theatre And Acting School Inc file IRS Form 990?
Yes, New Surry Repertory Theatre And Acting School Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was New Surry Repertory Theatre And Acting School Inc's revenue in 2023?
In the 202312 filing period, New Surry Repertory Theatre And Acting School Inc reported total revenue of $89,211, total expenses of $101,938, and net assets of $1,588.
Is New Surry Repertory Theatre And Acting School Inc's revenue growing or declining?
New Surry Repertory Theatre And Acting School Inc's revenue is declining. Revenue went from $100,040 (202212) to $89,211 (202312), a -10.8% change. Based on 13 filings on record.
What is New Surry Repertory Theatre And Acting School Inc's most recent 990 filing?
The most recent IRS Form 990 filing for New Surry Repertory Theatre And Acting School Inc covers tax period 202312. It shows revenue of $89,211, expenses of $101,938, total assets of $1,588, and liabilities of $14,315.
How much does New Surry Repertory Theatre And Acting School Inc spend on programs vs administration?
Based on IRS 990 analysis, New Surry Repertory Theatre And Acting School Inc allocates approximately 70% of expenses to program services, 20% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is New Surry Repertory Theatre And Acting School Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, New Surry Repertory Theatre And Acting School Inc shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 1 strength noted.
What are the red flags for New Surry Repertory Theatre And Acting School Inc?
The following concerns were identified: Consistent operating deficits: Expenses have exceeded revenue in most reported years (e.g., 2023: r89211, x101938; 2022: r100040, x120161).. Declining assets: Total assets have decreased significantly from $75,975 in 2020 to $1,588 in 2023.. Lack of public Form 990 filings: This severely limits transparency and detailed financial scrutiny.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are New Surry Repertory Theatre And Acting School Inc's strengths?
Positive indicators for New Surry Repertory Theatre And Acting School Inc include: Long-standing presence in the community since at least 2016.. These findings are derived from AI analysis of the organization's financial filings.
How does New Surry Repertory Theatre And Acting School Inc compensate executives?
Executive compensation cannot be assessed as no Form 990s are available to disclose this information. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is New Surry Repertory Theatre And Acting School Inc?
- No Form 990s are publicly available for this organization, making detailed financial analysis difficult. - The provided data lacks specific expense breakdowns beyond total expenses, hindering a precise spending analysis. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
What caused the dramatic drop in assets from $75,975 in 2020 to $1,588 in 2023?
Without access to detailed financial statements (like Form 990s), it's impossible to pinpoint the exact cause. This could be due to significant asset sales, write-offs, or substantial operating losses depleting reserves.
Given the consistent deficits, how has the organization sustained operations over the years?
The organization appears to have drawn down its assets significantly to cover operating shortfalls. The decline in assets suggests this strategy may not be sustainable long-term without a shift towards revenue generation or expense reduction.
Filing History
IRS 990 filing history for New Surry Repertory Theatre And Acting School Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Surry Repertory Theatre And Acting School Inc's revenue has grown by 19.5%, moving from $75K to $89K. Total assets decreased by 96.5% over the same period, from $46K to $2K. Total functional expenses rose by 48.6%, from $69K to $102K. In its most recent filing year (2023), New Surry Repertory Theatre And Acting School Inc reported a deficit of $13K, with expenses exceeding revenue. The organization holds $14K in liabilities against $2K in assets (debt-to-asset ratio: 901.4%), resulting in net assets of $-12,727.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $89K | $102K | $2K | $14K | — | — |
| 2022 | $100K | $120K | $42K | $18K | — | View 990 |
| 2021 | $68K | $80K | $62K | $18K | — | — |
| 2020 | $75K | $60K | $76K | $18K | — | — |
| 2019 | $79K | $85K | $43K | $0 | — | View 990 |
| 2018 | $87K | $72K | $48K | $0 | — | View 990 |
| 2017 | $93K | $88K | $33K | $0 | — | View 990 |
| 2016 | $79K | $92K | $28K | $0 | — | View 990 |
| 2015 | $103K | $90K | $41K | $0 | — | View 990 |
| 2014 | $68K | $61K | $48K | $0 | — | View 990 |
| 2013 | $70K | $71K | $41K | $0 | — | View 990 |
| 2012 | $83K | $87K | $42K | $0 | — | View 990 |
| 2011 | $75K | $69K | $46K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $89K, expenses of $102K, and assets of $2K (revenue -10.8% year-over-year).
- 2022: Revenue of $100K, expenses of $120K, and assets of $42K (revenue +47.9% year-over-year).
- 2021: Revenue of $68K, expenses of $80K, and assets of $62K (revenue -10.2% year-over-year).
- 2020: Revenue of $75K, expenses of $60K, and assets of $76K (revenue -4.9% year-over-year).
- 2019: Revenue of $79K, expenses of $85K, and assets of $43K (revenue -9.3% year-over-year).
- 2018: Revenue of $87K, expenses of $72K, and assets of $48K (revenue -5.6% year-over-year).
- 2017: Revenue of $93K, expenses of $88K, and assets of $33K (revenue +17.7% year-over-year).
- 2016: Revenue of $79K, expenses of $92K, and assets of $28K (revenue -23.3% year-over-year).
- 2015: Revenue of $103K, expenses of $90K, and assets of $41K (revenue +50.0% year-over-year).
- 2014: Revenue of $68K, expenses of $61K, and assets of $48K (revenue -3.0% year-over-year).
- 2013: Revenue of $70K, expenses of $71K, and assets of $41K (revenue -14.9% year-over-year).
- 2012: Revenue of $83K, expenses of $87K, and assets of $42K (revenue +10.8% year-over-year).
- 2011: Revenue of $75K, expenses of $69K, and assets of $46K.
Data Sources and Methodology
This transparency report for New Surry Repertory Theatre And Acting School 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.