Princess Theater Troupe Inc
Princess Theater Troupe Inc faces consistent operating deficits despite asset growth.
EIN: 202163164 · Mount Ayr, IA · NTEE: A65 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $169K |
| Total Expenses | $102K |
| Program Spending | 70% |
| Net Assets | $107K |
| Transparency Score | 65/100 |
Is Princess Theater Troupe Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Princess Theater Troupe Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Princess Theater Troupe Inc
Princess Theater Troupe Inc (EIN: 202163164) is a nonprofit organization based in Mount Ayr, IA, classified under NTEE code A65. The organization reported total revenue of $169K and total assets of $248K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Princess Theater Troupe Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Princess Theater Troupe Inc is a small nonprofit that has been operating for 7 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -12.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $63K |
| Total Expenses | $102K |
| Surplus / Deficit | $-38,428 |
| Total Assets | $112K |
| Total Liabilities | $5K |
| Net Assets | $107K |
| Operating Margin | -60.7% |
| Debt-to-Asset Ratio | 4.2% |
| Months of Reserves | 13.2 months |
Financial Health Grade: B
In 2023, Princess Theater Troupe Inc reported a deficit of $38K with expenses exceeding revenue, holds 13.2 months of operating reserves (strong position), has a debt-to-asset ratio of 4.2% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Princess Theater Troupe Inc's revenue has declined at a compound annual growth rate (CAGR) of -12.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.6% | +0.6% | +122.9% |
| 2022 | +2.5% | +51.7% | -35.3% |
| 2021 | +63.1% | +22.8% | +53.6% |
| 2020 | -59.7% | -51.8% | -21.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2019 |
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 Princess Theater Troupe 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, Princess Theater Troupe Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $38K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all five filing periods, suggesting a volunteer-led organization or that compensation is not categorized as officer pay, which is a positive sign for resource allocation given the organization's size and revenue levels.
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 Princess Theater Troupe Inc's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., $38,428 in 2023, $27,004 in 2022).
- Expenses frequently exceed revenue, indicating potential reliance on reserves or non-operating income.
Strengths
The following positive indicators were identified for Princess Theater Troupe Inc:
- Consistent IRS 990 filing history, indicating good compliance and transparency.
- Reported 0% officer compensation across all periods, suggesting efficient use of funds for mission.
- Significant growth in assets from $50,288 in 2022 to $248,355 currently, indicating successful capital accumulation or investment.
Frequently Asked Questions about Princess Theater Troupe Inc
Is Princess Theater Troupe Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Princess Theater Troupe Inc (EIN: 202163164) some concerns. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
How does Princess Theater Troupe Inc spend its money?
Princess Theater Troupe Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Princess Theater Troupe Inc tax-deductible?
Princess Theater Troupe Inc is registered as a tax-exempt nonprofit (EIN: 202163164). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Princess Theater Troupe Inc's spending goes to programs?
Princess Theater Troupe Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Princess Theater Troupe Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Princess Theater Troupe Inc is above average for NTEE category A65 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Princess Theater Troupe Inc located?
Princess Theater Troupe Inc is headquartered in Mount Ayr, Iowa and files with the IRS under EIN 202163164. It is classified under NTEE code A65.
How many years of IRS 990 filings does Princess Theater Troupe Inc have?
Princess Theater Troupe Inc has 5 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 $169K in total revenue.
Is Princess Theater Troupe Inc financially sustainable?
The organization has experienced consistent operating deficits in recent years (e.g., $38,428 deficit in 2023, $27,004 deficit in 2022), which raises concerns about its long-term financial sustainability if not addressed by increased revenue or reduced expenses.
How does Princess Theater Troupe Inc fund its operations given the deficits?
While recent periods show deficits, the organization's assets have grown from $50,288 in 2022 to $248,355 currently. This suggests past surpluses, capital campaigns, or significant non-operating income may be funding current operations and asset growth, but continued deficits will erode these reserves.
What is the organization's approach to executive compensation?
The IRS 990 filings consistently report 0% officer compensation, indicating that the organization's leadership is likely volunteer-based or compensated through means not classified as officer compensation, which can be a positive for donor confidence.
Filing History
IRS 990 filing history for Princess Theater Troupe Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Princess Theater Troupe Inc's revenue has declined by 42.5%, moving from $110K to $63K. Total assets increased by 73.7% over the same period, from $65K to $112K. Total functional expenses fell by 9.6%, from $113K to $102K. In its most recent filing year (2023), Princess Theater Troupe Inc reported a deficit of $38K, with expenses exceeding revenue. The organization holds $5K in liabilities against $112K in assets (debt-to-asset ratio: 4.2%), resulting in net assets of $107K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $63K | $102K | $112K | $5K | — | View 990 |
| 2022 | $74K | $101K | $50K | $4K | — | View 990 |
| 2021 | $72K | $67K | $78K | $5K | — | — |
| 2020 | $44K | $54K | $51K | $1K | — | — |
| 2019 | $110K | $113K | $65K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $63K, expenses of $102K, and assets of $112K (revenue -14.6% year-over-year).
- 2022: Revenue of $74K, expenses of $101K, and assets of $50K (revenue +2.5% year-over-year).
- 2021: Revenue of $72K, expenses of $67K, and assets of $78K (revenue +63.1% year-over-year).
- 2020: Revenue of $44K, expenses of $54K, and assets of $51K (revenue -59.7% year-over-year).
- 2019: Revenue of $110K, expenses of $113K, and assets of $65K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Princess Theater Troupe Inc:
Data Sources and Methodology
This transparency report for Princess Theater Troupe 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.