Seacoast Repertory Theatre
Seacoast Repertory Theatre shows strong asset growth and consistent revenue, with a recent deficit in 2023.
EIN: 20419993 · Portsmouth, NH · NTEE: A650 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.5M |
| Total Expenses | $2.8M |
| Program Spending | 80% |
| Net Assets | $443K |
| Transparency Score | 85/100 |
Is Seacoast Repertory Theatre Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Seacoast Repertory Theatre directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Seacoast Repertory Theatre
Seacoast Repertory Theatre (EIN: 20419993) is a nonprofit organization based in Portsmouth, NH, classified under NTEE code A650. The organization reported total revenue of $2.5M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Seacoast Repertory Theatre's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Seacoast Repertory Theatre is a mid-size nonprofit that has been operating for 32 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $2.8M |
| Surplus / Deficit | $-391,347 |
| Total Assets | $1.4M |
| Total Liabilities | $968K |
| Net Assets | $443K |
| Operating Margin | -16.4% |
| Debt-to-Asset Ratio | 68.6% |
| Months of Reserves | 6.1 months |
Financial Health Grade: C
In 2023, Seacoast Repertory Theatre reported a deficit of $391K with expenses exceeding revenue, holds 6.1 months of operating reserves (strong position), has a debt-to-asset ratio of 68.6% (high leverage).
Financial Trends
Over 14 years of filings (2011–2023), Seacoast Repertory Theatre's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.9% | +24.2% | -19.0% |
| 2022 | +13.4% | +42.0% | +46.3% |
| 2021 | +34.9% | +16.9% | +146.7% |
| 2020 | -14.5% | -26.0% | +128.1% |
| 2019 | +10.3% | +4.7% | +87.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 Seacoast Repertory Theatre 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: 80%
- fundraising: 5%
According to IRS 990 filings, Seacoast Repertory Theatre allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $391K, with expenses exceeding revenue.
- Debt-to-asset ratio: 68.6%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officers receive compensation from the organization, which is highly unusual for an organization of this size and revenue, suggesting either volunteer leadership or compensation is reported under other categories.
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 Seacoast Repertory Theatre's IRS 990 filings:
- Expenses exceeded revenue in the most recent 2023 filing period by $391,347.
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and may warrant further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Seacoast Repertory Theatre:
- Significant asset growth from $113,084 in 2018 to $1,389,294 currently.
- Consistent revenue generation, exceeding $2 million in the last three reported periods.
- No reported officer compensation, indicating a strong commitment to directing funds to programs.
- Positive net assets (Assets > Liabilities) in recent years, demonstrating financial health.
Frequently Asked Questions about Seacoast Repertory Theatre
Is Seacoast Repertory Theatre a legitimate charity?
Based on AI analysis of IRS 990 filings, Seacoast Repertory Theatre (EIN: 20419993) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Seacoast Repertory Theatre spend its money?
Seacoast Repertory Theatre directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Seacoast Repertory Theatre tax-deductible?
Seacoast Repertory Theatre is registered as a tax-exempt nonprofit (EIN: 20419993). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Seacoast Repertory Theatre's spending goes to programs?
Seacoast Repertory Theatre directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Seacoast Repertory Theatre compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Seacoast Repertory Theatre 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 Seacoast Repertory Theatre located?
Seacoast Repertory Theatre is headquartered in Portsmouth, New Hampshire and files with the IRS under EIN 20419993. It is classified under NTEE code A650.
How many years of IRS 990 filings does Seacoast Repertory Theatre have?
Seacoast Repertory Theatre 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 $2.5M in total revenue.
Is Seacoast Repertory Theatre financially stable?
While the organization experienced a deficit in 2023 with expenses exceeding revenue by nearly $400,000, its overall financial history shows consistent revenue growth and significant asset accumulation, suggesting a generally stable financial position despite the recent setback.
How has Seacoast Repertory Theatre's asset base changed over time?
Seacoast Repertory Theatre has shown remarkable asset growth, increasing from $113,084 in 2018 to $1,389,294 currently, indicating successful financial management and investment in its future.
What is the trend in revenue and expenses?
Revenue has generally trended upwards, from $962,779 in 2014 to over $2.4 million currently. Expenses have also increased in line with growth, though 2023 saw expenses ($2,771,438) outpace revenue ($2,380,091) after two years of surpluses.
Filing History
IRS 990 filing history for Seacoast Repertory Theatre showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Seacoast Repertory Theatre's revenue has grown by 58.8%, moving from $1.5M to $2.4M. Total assets increased by 105.4% over the same period, from $687K to $1.4M. Total functional expenses rose by 65.3%, from $1.7M to $2.8M. In its most recent filing year (2023), Seacoast Repertory Theatre reported a deficit of $391K, with expenses exceeding revenue. The organization holds $968K in liabilities against $1.4M in assets (debt-to-asset ratio: 68.6%), resulting in net assets of $443K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $2.8M | $1.4M | $968K | — | — |
| 2022 | $2.6M | $2.2M | $1.7M | $919K | — | View 990 |
| 2021 | $2.3M | $1.6M | $1.2M | $693K | — | View 990 |
| 2020 | $1.7M | $1.3M | $483K | $666K | — | View 990 |
| 2019 | $2.0M | $1.8M | $212K | $413K | — | View 990 |
| 2018 | $1.8M | $1.7M | $113K | $502K | — | View 990 |
| 2017 | $1.2M | $1.1M | $731K | $823K | — | View 990 |
| 2016 | $1.3M | $1.6M | $576K | $943K | — | View 990 |
| 2015 | $1.2M | $1.3M | $578K | $677K | — | View 990 |
| 2014 | $963K | $936K | $615K | $677K | — | View 990 |
| 2013 | $1.0M | $1.0M | $687K | $776K | — | — |
| 2012 | $1.2M | $1.1M | $731K | $823K | — | View 990 |
| 2011 | $517K | $440K | $707K | $872K | — | View 990 |
| 2011 | $1.5M | $1.7M | $687K | $929K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $2.8M, and assets of $1.4M (revenue -6.9% year-over-year).
- 2022: Revenue of $2.6M, expenses of $2.2M, and assets of $1.7M (revenue +13.4% year-over-year).
- 2021: Revenue of $2.3M, expenses of $1.6M, and assets of $1.2M (revenue +34.9% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.3M, and assets of $483K (revenue -14.5% year-over-year).
- 2019: Revenue of $2.0M, expenses of $1.8M, and assets of $212K (revenue +10.3% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.7M, and assets of $113K (revenue +49.2% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.1M, and assets of $731K (revenue -8.6% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.6M, and assets of $576K (revenue +6.8% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.3M, and assets of $578K (revenue +26.3% year-over-year).
- 2014: Revenue of $963K, expenses of $936K, and assets of $615K (revenue -4.6% year-over-year).
- 2013: Revenue of $1.0M, expenses of $1.0M, and assets of $687K (revenue -15.0% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.1M, and assets of $731K (revenue +129.6% year-over-year).
- 2011: Revenue of $517K, expenses of $440K, and assets of $707K (revenue -65.5% year-over-year).
- 2011: Revenue of $1.5M, expenses of $1.7M, and assets of $687K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Seacoast Repertory Theatre:
Data Sources and Methodology
This transparency report for Seacoast Repertory 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.