Signature Theatre Company
Signature Theatre Company consistently operates at a deficit, drawing down significant assets over the past decade.
EIN: 133641560 · New York, NY · NTEE: A650 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9.0M |
| Total Expenses | $13.0M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $50 |
| Net Assets | $32.7M |
| Transparency Score | 65/100 |
Is Signature Theatre Company Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Signature Theatre Company directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Signature Theatre Company
Signature Theatre Company (EIN: 133641560) is a nonprofit organization based in New York, NY, classified under NTEE code A650. The organization reported total revenue of $9.0M and total assets of $51.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Signature Theatre Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Signature Theatre Company is a mid-size nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.3M |
| Total Expenses | $13.0M |
| Surplus / Deficit | $-6,703,804 |
| Total Assets | $53.2M |
| Total Liabilities | $20.5M |
| Net Assets | $32.7M |
| Operating Margin | -105.9% |
| Debt-to-Asset Ratio | 38.6% |
| Months of Reserves | 49.0 months |
Financial Health Grade: B
In 2023, Signature Theatre Company reported a deficit of $6.7M with expenses exceeding revenue, holds 49.0 months of operating reserves (strong position), has a debt-to-asset ratio of 38.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Signature Theatre Company's revenue has declined at a compound annual growth rate (CAGR) of -8.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -38.0% | +3.3% | -10.3% |
| 2022 | +51.6% | +56.4% | -7.2% |
| 2021 | -42.4% | -34.9% | +1.6% |
| 2020 | +8.6% | -16.8% | -0.2% |
| 2019 | -3.1% | -3.2% | -27.3% |
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 Signature Theatre Company 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Signature Theatre Company 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 $6.7M, with expenses exceeding revenue.
- Debt-to-asset ratio: 38.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is highly unusual for an organization of this size with assets exceeding $50 million.
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 Signature Theatre Company's IRS 990 filings:
- Consistent operational deficits, with expenses significantly exceeding revenue in most years (e.g., 2023 expenses $13M vs. revenue $6.3M).
- Significant decline in total assets over the past decade, from $104.7M in 2014 to $51.2M in 2023, indicating reliance on reserves.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering a full assessment of spending efficiency.
Strengths
The following positive indicators were identified for Signature Theatre Company:
- Consistently reports 0% officer compensation, indicating no direct compensation to officers, directors, trustees, or key employees.
- Maintains a substantial asset base ($51.2M in 2023) despite consistent deficits, providing a buffer for operations.
- Long filing history (13 filings) demonstrates consistent reporting to the IRS.
Frequently Asked Questions about Signature Theatre Company
Is Signature Theatre Company a legitimate charity?
Signature Theatre Company (EIN: 133641560) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $9.0M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Signature Theatre Company spend its money?
Signature Theatre Company directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Signature Theatre Company tax-deductible?
Signature Theatre Company is registered as a tax-exempt nonprofit (EIN: 133641560). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Signature Theatre Company CEO make?
Signature Theatre Company's highest-compensated officer earns $50 annually. The organization reported $9.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Signature Theatre Company's spending goes to programs?
Signature Theatre Company directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Signature Theatre Company compare to similar nonprofits?
With a transparency score of 65/100 (Good), Signature Theatre Company 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 Signature Theatre Company located?
Signature Theatre Company is headquartered in New York, New York and files with the IRS under EIN 133641560. It is classified under NTEE code A650.
How many years of IRS 990 filings does Signature Theatre Company have?
Signature Theatre Company 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 $9.0M in total revenue.
Is Signature Theatre Company financially sustainable in the long term given its consistent operational deficits?
The organization has consistently spent more than its revenue, with expenses exceeding revenue in almost every year since 2014. For example, in 2023, expenses were $13,033,083 against revenues of $6,329,279. This trend suggests a reliance on its asset base, which has declined from over $104 million in 2014 to $51 million in 2023, raising concerns about long-term sustainability.
How does Signature Theatre Company cover its operational deficits?
The consistent decline in assets from $104,725,717 in 2014 to $51,265,664 in 2023, while liabilities have remained relatively stable, suggests that the organization is covering its operational deficits by drawing down its reserves and investments.
What is the reason for the 0% officer compensation reported across all filings?
The filings consistently report 0% for officer compensation. This could mean that executive leadership is compensated through other means not categorized as 'Officer Comp' on the 990, or that they are genuinely unpaid, which is highly unusual for an organization of this scale. Further investigation into compensation practices would be needed.
What is the breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. This information is crucial for assessing the organization's spending efficiency and how much of its budget directly supports its mission.
Filing History
IRS 990 filing history for Signature Theatre Company showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Signature Theatre Company's revenue has declined by 65.9%, moving from $18.6M to $6.3M. Total assets increased by 51.5% over the same period, from $35.1M to $53.2M. Total functional expenses rose by 93.2%, from $6.7M to $13.0M. In its most recent filing year (2023), Signature Theatre Company reported a deficit of $6.7M, with expenses exceeding revenue. The organization holds $20.5M in liabilities against $53.2M in assets (debt-to-asset ratio: 38.6%), resulting in net assets of $32.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.3M | $13.0M | $53.2M | $20.5M | — | View 990 |
| 2022 | $10.2M | $12.6M | $59.3M | $20.2M | — | View 990 |
| 2021 | $6.7M | $8.1M | $63.9M | $22.3M | — | View 990 |
| 2020 | $11.7M | $12.4M | $62.8M | $19.9M | — | View 990 |
| 2019 | $10.7M | $14.9M | $63.0M | $19.3M | — | View 990 |
| 2018 | $11.1M | $15.4M | $86.6M | $42.8M | — | View 990 |
| 2017 | $11.5M | $16.4M | $90.0M | $42.9M | — | View 990 |
| 2016 | $13.1M | $17.7M | $94.1M | $43.8M | — | View 990 |
| 2015 | $9.2M | $16.4M | $98.1M | $43.2M | — | View 990 |
| 2014 | $8.5M | $16.0M | $104.7M | $42.7M | — | View 990 |
| 2013 | $13.7M | $15.3M | $111.2M | $41.6M | — | View 990 |
| 2012 | $61.6M | $12.0M | $115.0M | $43.9M | — | View 990 |
| 2011 | $18.6M | $6.7M | $35.1M | $13.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.3M, expenses of $13.0M, and assets of $53.2M (revenue -38.0% year-over-year).
- 2022: Revenue of $10.2M, expenses of $12.6M, and assets of $59.3M (revenue +51.6% year-over-year).
- 2021: Revenue of $6.7M, expenses of $8.1M, and assets of $63.9M (revenue -42.4% year-over-year).
- 2020: Revenue of $11.7M, expenses of $12.4M, and assets of $62.8M (revenue +8.6% year-over-year).
- 2019: Revenue of $10.7M, expenses of $14.9M, and assets of $63.0M (revenue -3.1% year-over-year).
- 2018: Revenue of $11.1M, expenses of $15.4M, and assets of $86.6M (revenue -3.5% year-over-year).
- 2017: Revenue of $11.5M, expenses of $16.4M, and assets of $90.0M (revenue -12.6% year-over-year).
- 2016: Revenue of $13.1M, expenses of $17.7M, and assets of $94.1M (revenue +42.2% year-over-year).
- 2015: Revenue of $9.2M, expenses of $16.4M, and assets of $98.1M (revenue +8.8% year-over-year).
- 2014: Revenue of $8.5M, expenses of $16.0M, and assets of $104.7M (revenue -38.0% year-over-year).
- 2013: Revenue of $13.7M, expenses of $15.3M, and assets of $111.2M (revenue -77.7% year-over-year).
- 2012: Revenue of $61.6M, expenses of $12.0M, and assets of $115.0M (revenue +231.4% year-over-year).
- 2011: Revenue of $18.6M, expenses of $6.7M, and assets of $35.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Signature Theatre Company:
Data Sources and Methodology
This transparency report for Signature Theatre Company 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.