Renaissance City Theater Inc
EIN: 453485331 · Westerly, RI · NTEE: A65
| Metric | Value |
|---|---|
| Total Revenue | $401K |
| Total Expenses | $315K |
| Net Assets | $598K |
Is Renaissance City Theater Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Renaissance City Theater Inc
Renaissance City Theater Inc (EIN: 453485331) is a nonprofit organization based in Westerly, RI, classified under NTEE code A65. The organization reported total revenue of $401K and total assets of $666K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Renaissance City Theater Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Renaissance City Theater Inc is a small nonprofit that has been operating for 14 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 64.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $305K |
| Total Expenses | $315K |
| Surplus / Deficit | $-10,260 |
| Total Assets | $626K |
| Total Liabilities | $28K |
| Net Assets | $598K |
| Operating Margin | -3.4% |
| Debt-to-Asset Ratio | 4.5% |
| Months of Reserves | 23.9 months |
Financial Health Grade: B
In 2023, Renaissance City Theater Inc reported a deficit of $10K with expenses exceeding revenue, holds 23.9 months of operating reserves (strong position), has a debt-to-asset ratio of 4.5% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Renaissance City Theater Inc's revenue has grown at a compound annual growth rate (CAGR) of 64.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.2% | +2.0% | +0.8% |
| 2022 | +46.2% | +151.7% | +2.2% |
| 2021 | +96.3% | +37.3% | +15.5% |
| 2020 | -60.5% | -67.7% | +0.2% |
| 2019 | -0.6% | +5.4% | -2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Renaissance City Theater 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 Renaissance City Theater 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $10K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.5%.
Frequently Asked Questions about Renaissance City Theater Inc
Is Renaissance City Theater Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Renaissance City Theater Inc (EIN: 453485331) insufficient data. 0 red flags identified, 0 strengths noted.
How does Renaissance City Theater Inc spend its money?
Detailed spending breakdown data is not yet available for Renaissance City Theater Inc. Check back for updated IRS 990 analysis.
Are donations to Renaissance City Theater Inc tax-deductible?
Renaissance City Theater Inc is registered as a tax-exempt nonprofit (EIN: 453485331). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Renaissance City Theater Inc located?
Renaissance City Theater Inc is headquartered in Westerly, Rhode Island and files with the IRS under EIN 453485331. It is classified under NTEE code A65.
How many years of IRS 990 filings does Renaissance City Theater Inc have?
Renaissance City Theater Inc has 10 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 $401K in total revenue.
Filing History
IRS 990 filing history for Renaissance City Theater Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Renaissance City Theater Inc's revenue has grown by 40009.1%, moving from $760 to $305K. Total assets increased by 2285.2% over the same period, from $26K to $626K. Total functional expenses rose by 15121.7%, from $2K to $315K. In its most recent filing year (2023), Renaissance City Theater Inc reported a deficit of $10K, with expenses exceeding revenue. The organization holds $28K in liabilities against $626K in assets (debt-to-asset ratio: 4.5%), resulting in net assets of $598K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $305K | $315K | $626K | $28K | — | — |
| 2022 | $322K | $309K | $621K | $13K | — | View 990 |
| 2021 | $220K | $123K | $608K | $13K | — | View 990 |
| 2020 | $112K | $89K | $527K | $29K | — | View 990 |
| 2019 | $284K | $277K | $526K | $50K | — | View 990 |
| 2017 | $286K | $263K | $539K | $65K | — | View 990 |
| 2015 | $265K | $241K | $495K | $96K | — | View 990 |
| 2014 | $348K | $270K | $531K | $156K | — | View 990 |
| 2012 | $246K | $238K | $34K | $28K | — | View 990 |
| 2011 | $760 | $2K | $26K | $28K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $305K, expenses of $315K, and assets of $626K (revenue -5.2% year-over-year).
- 2022: Revenue of $322K, expenses of $309K, and assets of $621K (revenue +46.2% year-over-year).
- 2021: Revenue of $220K, expenses of $123K, and assets of $608K (revenue +96.3% year-over-year).
- 2020: Revenue of $112K, expenses of $89K, and assets of $527K (revenue -60.5% year-over-year).
- 2019: Revenue of $284K, expenses of $277K, and assets of $526K (revenue -0.6% year-over-year).
- 2017: Revenue of $286K, expenses of $263K, and assets of $539K (revenue +7.7% year-over-year).
- 2015: Revenue of $265K, expenses of $241K, and assets of $495K (revenue -23.7% year-over-year).
- 2014: Revenue of $348K, expenses of $270K, and assets of $531K (revenue +41.4% year-over-year).
- 2012: Revenue of $246K, expenses of $238K, and assets of $34K (revenue +32252.1% year-over-year).
- 2011: Revenue of $760, expenses of $2K, and assets of $26K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Renaissance City Theater Inc:
Data Sources and Methodology
This transparency report for Renaissance City Theater 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.