Roundabout Theatre Company Inc
Roundabout Theatre Company maintains strong assets despite recent operating deficits and increased liabilities.
EIN: 136192346 · New York, NY · NTEE: A650 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $97.5M |
| Total Expenses | $71.8M |
| Program Spending | 75% |
| Net Assets | $114.3M |
| Transparency Score | 85/100 |
Is Roundabout Theatre Company Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Roundabout Theatre Company Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Roundabout Theatre Company Inc
Roundabout Theatre Company Inc (EIN: 136192346) is a nonprofit organization based in New York, NY, classified under NTEE code A650. The organization reported total revenue of $97.5M and total assets of $195.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Roundabout Theatre Company Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Roundabout Theatre Company Inc is a major nonprofit that has been operating for 61 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $69.9M |
| Total Expenses | $71.8M |
| Surplus / Deficit | $-1,895,572 |
| Total Assets | $172.5M |
| Total Liabilities | $58.2M |
| Net Assets | $114.3M |
| Operating Margin | -2.7% |
| Debt-to-Asset Ratio | 33.8% |
| Months of Reserves | 28.8 months |
Financial Health Grade: B
In 2023, Roundabout Theatre Company Inc reported a deficit of $1.9M with expenses exceeding revenue, holds 28.8 months of operating reserves (strong position), has a debt-to-asset ratio of 33.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Roundabout Theatre Company Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +35.1% | +36.3% | +20.0% |
| 2022 | +70.4% | +127.8% | -17.1% |
| 2021 | -17.9% | -52.9% | +21.9% |
| 2020 | -43.0% | -27.7% | -5.5% |
| 2019 | +40.8% | +42.7% | -2.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1965 |
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 Roundabout Theatre Company Inc with a Mission Score of 85 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, Roundabout Theatre Company Inc 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 deficit of $1.9M, with expenses exceeding revenue.
- Debt-to-asset ratio: 33.8%.
Executive Compensation Analysis
The reported 0% officer compensation across all available filings is highly unusual for an organization of this size and revenue, suggesting that executive compensation may be reported under different categories or that the top leadership is uncompensated, which would be a significant positive for donor confidence.
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 Roundabout Theatre Company Inc's IRS 990 filings:
- Significant increase in liabilities from $29.5M in 2022 to $58.2M in 2023.
- Consistent operating deficits in recent years (e.g., 2023, 2022, 2020, 2019, 2018), indicating expenses frequently exceed revenue.
- Unusually low (0%) reported officer compensation, which may obscure actual executive remuneration if not fully disclosed elsewhere.
Strengths
The following positive indicators were identified for Roundabout Theatre Company Inc:
- Strong and growing asset base, reaching $195,462,815, providing financial stability.
- Consistent revenue generation, with latest reported revenue at $97,545,733.
- Demonstrated resilience in navigating fluctuating revenues, particularly post-pandemic.
- Long history of IRS 990 filings (13 filings), indicating consistent compliance and transparency.
Frequently Asked Questions about Roundabout Theatre Company Inc
Is Roundabout Theatre Company Inc a legitimate charity?
Roundabout Theatre Company Inc (EIN: 136192346) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $97.5M. 3 red flags identified. 4 strengths noted. Financial health grade: B.
How does Roundabout Theatre Company Inc spend its money?
Roundabout Theatre Company Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Roundabout Theatre Company Inc tax-deductible?
Roundabout Theatre Company Inc is registered as a tax-exempt nonprofit (EIN: 136192346). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Roundabout Theatre Company Inc's spending goes to programs?
Roundabout Theatre Company Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Roundabout Theatre Company Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Roundabout Theatre Company Inc is above average for NTEE category A650 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Roundabout Theatre Company Inc located?
Roundabout Theatre Company Inc is headquartered in New York, New York and files with the IRS under EIN 136192346. It is classified under NTEE code A650.
How many years of IRS 990 filings does Roundabout Theatre Company Inc have?
Roundabout Theatre Company Inc 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 $97.5M in total revenue.
How does Roundabout Theatre Company Inc manage to report 0% officer compensation across all filings?
The consistent reporting of 0% for officer compensation is highly unusual for an organization of this scale. It suggests that either the top executives are not compensated, or their compensation is categorized differently within the financial statements, such as under general salaries or contractor fees, which would require further investigation of the full IRS Form 990.
What caused the significant increase in liabilities from 2022 to 2023?
Liabilities nearly doubled from $29,549,208 in 2022 to $58,214,598 in 2023. This substantial increase warrants a review of the detailed 990 filing to identify the specific nature of these new liabilities, such as new debt, deferred revenue, or other obligations, to assess their impact on the organization's financial health.
Is the organization's recent trend of operating deficits sustainable?
Roundabout Theatre Company Inc has reported operating deficits in several recent periods (e.g., -$1,895,572 in 2023, -$953,219 in 2022, -$12,060,492 in 2020). While not uncommon for arts organizations, a sustained trend of expenses exceeding revenue could impact long-term financial stability if not offset by reserves or future revenue growth.
Filing History
IRS 990 filing history for Roundabout Theatre Company Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Roundabout Theatre Company Inc's revenue has grown by 14.2%, moving from $61.2M to $69.9M. Total assets increased by 55.8% over the same period, from $110.7M to $172.5M. Total functional expenses rose by 18.2%, from $60.7M to $71.8M. In its most recent filing year (2023), Roundabout Theatre Company Inc reported a deficit of $1.9M, with expenses exceeding revenue. The organization holds $58.2M in liabilities against $172.5M in assets (debt-to-asset ratio: 33.8%), resulting in net assets of $114.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $69.9M | $71.8M | $172.5M | $58.2M | — | — |
| 2022 | $51.7M | $52.7M | $143.7M | $29.5M | — | View 990 |
| 2021 | $30.4M | $23.1M | $173.4M | $41.5M | — | View 990 |
| 2020 | $37.0M | $49.1M | $142.3M | $29.5M | — | View 990 |
| 2019 | $64.9M | $67.8M | $150.5M | $32.7M | — | View 990 |
| 2018 | $46.1M | $47.5M | $154.9M | $34.0M | — | View 990 |
| 2017 | $86.8M | $68.7M | $151.9M | $31.8M | — | View 990 |
| 2016 | $80.2M | $72.5M | $138.8M | $39.6M | — | View 990 |
| 2015 | $82.1M | $70.1M | $129.6M | $39.8M | — | View 990 |
| 2014 | $60.3M | $54.4M | $125.7M | $45.2M | — | View 990 |
| 2013 | $60.3M | $60.6M | $102.4M | $30.3M | — | View 990 |
| 2012 | $64.7M | $66.3M | $105.0M | $30.8M | — | View 990 |
| 2011 | $61.2M | $60.7M | $110.7M | $35.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $69.9M, expenses of $71.8M, and assets of $172.5M (revenue +35.1% year-over-year).
- 2022: Revenue of $51.7M, expenses of $52.7M, and assets of $143.7M (revenue +70.4% year-over-year).
- 2021: Revenue of $30.4M, expenses of $23.1M, and assets of $173.4M (revenue -17.9% year-over-year).
- 2020: Revenue of $37.0M, expenses of $49.1M, and assets of $142.3M (revenue -43.0% year-over-year).
- 2019: Revenue of $64.9M, expenses of $67.8M, and assets of $150.5M (revenue +40.8% year-over-year).
- 2018: Revenue of $46.1M, expenses of $47.5M, and assets of $154.9M (revenue -46.9% year-over-year).
- 2017: Revenue of $86.8M, expenses of $68.7M, and assets of $151.9M (revenue +8.3% year-over-year).
- 2016: Revenue of $80.2M, expenses of $72.5M, and assets of $138.8M (revenue -2.3% year-over-year).
- 2015: Revenue of $82.1M, expenses of $70.1M, and assets of $129.6M (revenue +36.1% year-over-year).
- 2014: Revenue of $60.3M, expenses of $54.4M, and assets of $125.7M (revenue +0.1% year-over-year).
- 2013: Revenue of $60.3M, expenses of $60.6M, and assets of $102.4M (revenue -6.8% year-over-year).
- 2012: Revenue of $64.7M, expenses of $66.3M, and assets of $105.0M (revenue +5.7% year-over-year).
- 2011: Revenue of $61.2M, expenses of $60.7M, and assets of $110.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Roundabout Theatre Company Inc:
Data Sources and Methodology
This transparency report for Roundabout 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.