Pure Theatre
Pure Theatre shows strong program spending and asset growth with zero reported officer compensation.
EIN: 134240676 · Charleston, SC · NTEE: A65 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $730K |
| Total Expenses | $631K |
| Program Spending | 75% |
| Net Assets | $115K |
| Transparency Score | 90/100 |
Is Pure Theatre Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pure Theatre directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pure Theatre
Pure Theatre (EIN: 134240676) is a nonprofit organization based in Charleston, SC, classified under NTEE code A65. The organization reported total revenue of $730K and total assets of $168K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pure Theatre's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pure Theatre is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $671K |
| Total Expenses | $631K |
| Surplus / Deficit | +$40K |
| Total Assets | $189K |
| Total Liabilities | $74K |
| Net Assets | $115K |
| Operating Margin | 6.0% |
| Debt-to-Asset Ratio | 39.2% |
| Months of Reserves | 3.6 months |
Financial Health Grade: A
In 2023, Pure Theatre reported a surplus of $40K with revenue exceeding expenses, holds 3.6 months of operating reserves (adequate), has a debt-to-asset ratio of 39.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Pure Theatre's revenue has grown at a compound annual growth rate (CAGR) of 11.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +37.7% | +15.9% | +15.4% |
| 2022 | +45.9% | +81.7% | +4.5% |
| 2021 | -37.3% | -22.9% | +23.5% |
| 2020 | +40.7% | +7.9% | +113.5% |
| 2019 | -13.5% | -16.1% | +466.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Pure Theatre with a Mission Score of 90 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
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Pure Theatre allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $40K, with revenue exceeding expenses.
- Debt-to-asset ratio: 39.2%.
Executive Compensation Analysis
Pure Theatre consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its size and suggests a strong volunteer leadership or that compensation is categorized differently, though not as 'officer compensation'.
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 Pure Theatre's IRS 990 filings:
- Occasional deficit spending, such as in 2022 where expenses ($543,997) exceeded revenue ($487,182).
Strengths
The following positive indicators were identified for Pure Theatre:
- Strong program spending ratio (75% in 2023).
- Consistent revenue growth over the past several years, from $345,502 in 2017 to $670,624 in 2023.
- Significant asset growth, from $10,516 in 2018 to $189,443 in 2023.
- Zero reported officer compensation across all filings, indicating high transparency and resource allocation to mission.
- Extensive filing history (13 filings) providing comprehensive financial transparency.
Frequently Asked Questions about Pure Theatre
Is Pure Theatre a legitimate charity?
Based on AI analysis of IRS 990 filings, Pure Theatre (EIN: 134240676) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Pure Theatre spend its money?
Pure Theatre directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Pure Theatre tax-deductible?
Pure Theatre is registered as a tax-exempt nonprofit (EIN: 134240676). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Pure Theatre's spending goes to programs?
Pure Theatre directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Pure Theatre compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Pure Theatre 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 Pure Theatre located?
Pure Theatre is headquartered in Charleston, South Carolina and files with the IRS under EIN 134240676. It is classified under NTEE code A65.
How many years of IRS 990 filings does Pure Theatre have?
Pure Theatre has 13 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 $730K in total revenue.
Is Pure Theatre a good charity?
Based on its financial data, Pure Theatre appears to be a good charity. It demonstrates strong program spending (75% in 2023), consistent asset growth, and excellent transparency regarding executive compensation (0% reported).
How has Pure Theatre's revenue changed over time?
Pure Theatre has shown significant revenue growth, increasing from $345,502 in 2017 to $670,624 in 2023, with its latest reported revenue at $730,072.
What is Pure Theatre's financial stability like?
Pure Theatre's financial stability has improved considerably, with assets growing from $10,516 in 2018 to $189,443 in 2023, indicating a healthy accumulation of resources.
Does Pure Theatre spend efficiently on its programs?
Yes, Pure Theatre spends efficiently on its programs, with 75% of its total expenses in 2023 allocated directly to program services, demonstrating a strong mission focus.
Filing History
IRS 990 filing history for Pure Theatre showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Pure Theatre's revenue has grown by 248%, moving from $193K to $671K. Total assets increased by 2198.2% over the same period, from $8K to $189K. Total functional expenses rose by 232.5%, from $190K to $631K. In its most recent filing year (2023), Pure Theatre reported a surplus of $40K, with revenue exceeding expenses. The organization holds $74K in liabilities against $189K in assets (debt-to-asset ratio: 39.2%), resulting in net assets of $115K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $671K | $631K | $189K | $74K | — | View 990 |
| 2022 | $487K | $544K | $164K | $89K | — | View 990 |
| 2021 | $334K | $299K | $157K | $78K | — | View 990 |
| 2020 | $533K | $388K | $127K | $122K | — | — |
| 2019 | $379K | $360K | $60K | $60K | — | View 990 |
| 2018 | $438K | $429K | $11K | $30K | — | View 990 |
| 2017 | $346K | $403K | $17K | $45K | — | View 990 |
| 2016 | $358K | $416K | $39K | $10K | — | View 990 |
| 2015 | $379K | $332K | $101K | $13K | — | View 990 |
| 2014 | $315K | $270K | $54K | $15K | — | View 990 |
| 2013 | $146K | $126K | $21K | $27K | — | View 990 |
| 2012 | $233K | $239K | $4K | $31K | — | View 990 |
| 2011 | $193K | $190K | $8K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $671K, expenses of $631K, and assets of $189K (revenue +37.7% year-over-year).
- 2022: Revenue of $487K, expenses of $544K, and assets of $164K (revenue +45.9% year-over-year).
- 2021: Revenue of $334K, expenses of $299K, and assets of $157K (revenue -37.3% year-over-year).
- 2020: Revenue of $533K, expenses of $388K, and assets of $127K (revenue +40.7% year-over-year).
- 2019: Revenue of $379K, expenses of $360K, and assets of $60K (revenue -13.5% year-over-year).
- 2018: Revenue of $438K, expenses of $429K, and assets of $11K (revenue +26.7% year-over-year).
- 2017: Revenue of $346K, expenses of $403K, and assets of $17K (revenue -3.4% year-over-year).
- 2016: Revenue of $358K, expenses of $416K, and assets of $39K (revenue -5.7% year-over-year).
- 2015: Revenue of $379K, expenses of $332K, and assets of $101K (revenue +20.3% year-over-year).
- 2014: Revenue of $315K, expenses of $270K, and assets of $54K (revenue +115.9% year-over-year).
- 2013: Revenue of $146K, expenses of $126K, and assets of $21K (revenue -37.2% year-over-year).
- 2012: Revenue of $233K, expenses of $239K, and assets of $4K (revenue +20.7% year-over-year).
- 2011: Revenue of $193K, expenses of $190K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pure Theatre:
Data Sources and Methodology
This transparency report for Pure Theatre 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.