Oasis Theatre Company Inc
Oasis Theatre Company Inc reports zero revenue and assets in its latest filing, following years of low and inconsistent financial activity.
EIN: 133528799 · Abiquiu, NM · NTEE: A650 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $12K |
| Program Spending | 70% |
| Net Assets | $11K |
| Transparency Score | 45/100 |
Is Oasis Theatre Company Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Oasis Theatre Company Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Oasis Theatre Company Inc
Oasis Theatre Company Inc (EIN: 133528799) is a nonprofit organization based in Abiquiu, NM, classified under NTEE code A650. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oasis Theatre Company Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oasis Theatre Company Inc is a micro nonprofit that has been operating for 35 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 11.7%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $3K |
| Total Expenses | $12K |
| Surplus / Deficit | $-9,748 |
| Total Assets | $119K |
| Total Liabilities | $108K |
| Net Assets | $11K |
| Operating Margin | -362.8% |
| Debt-to-Asset Ratio | 90.7% |
| Months of Reserves | 114.5 months |
Financial Health Grade: C
In 2021, Oasis Theatre Company Inc reported a deficit of $10K with expenses exceeding revenue, holds 114.5 months of operating reserves (strong position), has a debt-to-asset ratio of 90.7% (high leverage).
Financial Trends
Over 11 years of filings (2011–2021), Oasis Theatre Company Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -9.7% | +72.7% | -1.8% |
| 2020 | -93.9% | -80.6% | +8.8% |
| 2019 | +16.7% | -18.5% | +11.2% |
| 2018 | +520.9% | +199.9% | -4.0% |
| 2017 | -45.3% | +714.7% | -7.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1991 |
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 Oasis Theatre Company Inc with a Mission Score of 45 out of 100 (Fair). 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, Oasis Theatre Company Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $10K, with expenses exceeding revenue.
- Debt-to-asset ratio: 90.7%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or directors receive salaries from the organization, which is commendable for an organization of its size and financial capacity.
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 Oasis Theatre Company Inc's IRS 990 filings:
- Latest filing shows $0 revenue and $0 assets, indicating potential dormancy or cessation of operations.
- Expenses frequently exceed revenue, leading to potential financial instability (e.g., 2021: $2,687 revenue vs. $12,435 expenses).
- High liabilities relative to assets and revenue, consistently over $76,000, raising concerns about debt management.
- Inconsistent revenue streams over the past decade, making long-term planning and sustainability challenging.
Strengths
The following positive indicators were identified for Oasis Theatre Company Inc:
- Consistently reports 0% officer compensation, demonstrating a commitment to minimizing administrative overhead related to executive pay.
- Maintained assets over $77,000 for several years, indicating some financial reserves prior to the latest filing.
Frequently Asked Questions about Oasis Theatre Company Inc
Is Oasis Theatre Company Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Oasis Theatre Company Inc (EIN: 133528799) significant concerns. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
How does Oasis Theatre Company Inc spend its money?
Oasis Theatre Company Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Oasis Theatre Company Inc tax-deductible?
Oasis Theatre Company Inc is registered as a tax-exempt nonprofit (EIN: 133528799). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Oasis Theatre Company Inc's spending goes to programs?
Oasis Theatre Company Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Oasis Theatre Company Inc compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Oasis Theatre Company Inc is near average for NTEE category A650 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Oasis Theatre Company Inc located?
Oasis Theatre Company Inc is headquartered in Abiquiu, New Mexico and files with the IRS under EIN 133528799. It is classified under NTEE code A650.
How many years of IRS 990 filings does Oasis Theatre Company Inc have?
Oasis Theatre Company Inc has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Oasis Theatre Company Inc still operational given its latest financial report of $0 revenue and assets?
The latest filing showing $0 revenue and assets strongly suggests the organization may no longer be actively operating or has significantly scaled down its activities. Further investigation beyond the IRS 990 filings would be needed to confirm its current status.
What is the nature of the significant liabilities reported by Oasis Theatre Company Inc?
The filings consistently show substantial liabilities, ranging from $76,000 to $107,700. Without more detailed financial statements, it's unclear if these are program-related debts, property mortgages, or other obligations. This level of liability is high relative to the organization's typical annual revenue.
How does Oasis Theatre Company Inc sustain operations when expenses frequently exceed revenue?
In multiple years, such as 2021 ($2,687 revenue vs. $12,435 expenses) and 2018 ($41,474 revenue vs. $45,635 expenses), expenses have surpassed revenue. This suggests the organization may be drawing from accumulated assets, receiving non-cash contributions, or utilizing other funding sources not categorized as direct revenue on the 990 form, or it is operating at a deficit.
Filing History
IRS 990 filing history for Oasis Theatre Company Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Oasis Theatre Company Inc's revenue has grown by 201.9%, moving from $890 to $3K. Total assets increased by 53.6% over the same period, from $77K to $119K. Total functional expenses rose by 1720.6%, from $683 to $12K. In its most recent filing year (2021), Oasis Theatre Company Inc reported a deficit of $10K, with expenses exceeding revenue. The organization holds $108K in liabilities against $119K in assets (debt-to-asset ratio: 90.7%), resulting in net assets of $11K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $3K | $12K | $119K | $108K | — | View 990 |
| 2020 | $3K | $7K | $121K | $108K | — | View 990 |
| 2019 | $48K | $37K | $111K | $91K | — | View 990 |
| 2018 | $41K | $46K | $100K | $91K | — | View 990 |
| 2017 | $7K | $15K | $104K | $91K | — | View 990 |
| 2016 | $12K | $2K | $113K | $91K | — | View 990 |
| 2015 | $12K | $12K | $87K | $76K | — | View 990 |
| 2014 | $9K | $2K | $87K | $76K | — | View 990 |
| 2013 | $4K | $2K | $80K | $76K | — | View 990 |
| 2012 | $3K | $3K | $78K | $76K | — | View 990 |
| 2011 | $890 | $683 | $77K | $76K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $3K, expenses of $12K, and assets of $119K (revenue -9.7% year-over-year).
- 2020: Revenue of $3K, expenses of $7K, and assets of $121K (revenue -93.9% year-over-year).
- 2019: Revenue of $48K, expenses of $37K, and assets of $111K (revenue +16.7% year-over-year).
- 2018: Revenue of $41K, expenses of $46K, and assets of $100K (revenue +520.9% year-over-year).
- 2017: Revenue of $7K, expenses of $15K, and assets of $104K (revenue -45.3% year-over-year).
- 2016: Revenue of $12K, expenses of $2K, and assets of $113K (revenue -0.6% year-over-year).
- 2015: Revenue of $12K, expenses of $12K, and assets of $87K (revenue +38.7% year-over-year).
- 2014: Revenue of $9K, expenses of $2K, and assets of $87K (revenue +118.3% year-over-year).
- 2013: Revenue of $4K, expenses of $2K, and assets of $80K (revenue +42.9% year-over-year).
- 2012: Revenue of $3K, expenses of $3K, and assets of $78K (revenue +219.2% year-over-year).
- 2011: Revenue of $890, expenses of $683, and assets of $77K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oasis Theatre Company Inc:
Data Sources and Methodology
This transparency report for Oasis Theatre Company 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.