Playhouse Theatre Group Inc
EIN: 264840125 · West Hartford, CT · NTEE: A65
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.7M |
| Net Assets | $-248,140 |
Is Playhouse Theatre Group Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Playhouse Theatre Group Inc
Playhouse Theatre Group Inc (EIN: 264840125) is a nonprofit organization based in West Hartford, CT, classified under NTEE code A65. The organization reported total revenue of $1.8M and total assets of $109K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Playhouse Theatre Group Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Playhouse Theatre Group Inc is a mid-size nonprofit that has been operating for 16 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 13.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.7M |
| Surplus / Deficit | $-131,017 |
| Total Assets | $51K |
| Total Liabilities | $299K |
| Net Assets | $-248,140 |
| Operating Margin | -8.3% |
| Debt-to-Asset Ratio | 588.3% |
| Months of Reserves | 0.4 months |
Financial Health Grade: D
In 2024, Playhouse Theatre Group Inc reported a deficit of $131K with expenses exceeding revenue, holds 0.4 months of operating reserves (limited), has a debt-to-asset ratio of 588.3% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), Playhouse Theatre Group Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +13.9% | -0.6% | -9.2% |
| 2023 | -14.8% | +11.8% | -85.4% |
| 2022 | +71.6% | +144.9% | +21.6% |
| 2021 | -11.7% | -46.7% | +54.4% |
| 2020 | -7.4% | -5.5% | +320.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Playhouse Theatre Group Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Playhouse Theatre Group Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $131K, with expenses exceeding revenue.
- Debt-to-asset ratio: 588.3%.
Frequently Asked Questions about Playhouse Theatre Group Inc
Is Playhouse Theatre Group Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Playhouse Theatre Group Inc (EIN: 264840125) insufficient data. 0 red flags identified, 0 strengths noted.
How does Playhouse Theatre Group Inc spend its money?
Detailed spending breakdown data is not yet available for Playhouse Theatre Group Inc. Check back for updated IRS 990 analysis.
Are donations to Playhouse Theatre Group Inc tax-deductible?
Playhouse Theatre Group Inc is registered as a tax-exempt nonprofit (EIN: 264840125). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Playhouse Theatre Group Inc located?
Playhouse Theatre Group Inc is headquartered in West Hartford, Connecticut and files with the IRS under EIN 264840125. It is classified under NTEE code A65.
How many years of IRS 990 filings does Playhouse Theatre Group Inc have?
Playhouse Theatre Group Inc 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 $1.8M in total revenue.
Filing History
IRS 990 filing history for Playhouse Theatre Group Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Playhouse Theatre Group Inc's revenue has grown by 422.7%, moving from $303K to $1.6M. Total assets increased by 2258.3% over the same period, from $2K to $51K. Total functional expenses rose by 408.5%, from $337K to $1.7M. In its most recent filing year (2024), Playhouse Theatre Group Inc reported a deficit of $131K, with expenses exceeding revenue. The organization holds $299K in liabilities against $51K in assets (debt-to-asset ratio: 588.3%), resulting in net assets of $-248,140.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.6M | $1.7M | $51K | $299K | — | View 990 |
| 2023 | $1.4M | $1.7M | $56K | $173K | — | View 990 |
| 2022 | $1.6M | $1.5M | $383K | $166K | — | View 990 |
| 2021 | $949K | $629K | $315K | $187K | — | View 990 |
| 2020 | $1.1M | $1.2M | $204K | $396K | — | View 990 |
| 2019 | $1.2M | $1.2M | $49K | $135K | — | View 990 |
| 2018 | $1.0M | $969K | $74K | $72K | — | View 990 |
| 2017 | $842K | $925K | $51K | $119K | — | View 990 |
| 2016 | $781K | $772K | $93K | $38K | — | View 990 |
| 2015 | $716K | $686K | $76K | $31K | — | View 990 |
| 2014 | $708K | $693K | $48K | $32K | — | View 990 |
| 2013 | $396K | $440K | $42K | $213K | — | View 990 |
| 2012 | $394K | $405K | $42K | $170K | — | View 990 |
| 2011 | $303K | $337K | $2K | $119K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.6M, expenses of $1.7M, and assets of $51K (revenue +13.9% year-over-year).
- 2023: Revenue of $1.4M, expenses of $1.7M, and assets of $56K (revenue -14.8% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.5M, and assets of $383K (revenue +71.6% year-over-year).
- 2021: Revenue of $949K, expenses of $629K, and assets of $315K (revenue -11.7% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.2M, and assets of $204K (revenue -7.4% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.2M, and assets of $49K (revenue +11.6% year-over-year).
- 2018: Revenue of $1.0M, expenses of $969K, and assets of $74K (revenue +23.5% year-over-year).
- 2017: Revenue of $842K, expenses of $925K, and assets of $51K (revenue +7.8% year-over-year).
- 2016: Revenue of $781K, expenses of $772K, and assets of $93K (revenue +9.1% year-over-year).
- 2015: Revenue of $716K, expenses of $686K, and assets of $76K (revenue +1.1% year-over-year).
- 2014: Revenue of $708K, expenses of $693K, and assets of $48K (revenue +78.7% year-over-year).
- 2013: Revenue of $396K, expenses of $440K, and assets of $42K (revenue +0.5% year-over-year).
- 2012: Revenue of $394K, expenses of $405K, and assets of $42K (revenue +30.3% year-over-year).
- 2011: Revenue of $303K, expenses of $337K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Playhouse Theatre Group Inc:
Data Sources and Methodology
This transparency report for Playhouse Theatre Group 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.