Spanish Theatre Repertory Co Ltd
Spanish Theatre Repertory Co Ltd shows consistent revenue and asset growth, with no reported officer compensation, but recent operational deficits and increased liabilities.
EIN: 132672755 · New York, NY · NTEE: A650 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.6M |
| Total Expenses | $2.7M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $7.0M |
| Transparency Score | 85/100 |
Is Spanish Theatre Repertory Co Ltd Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Spanish Theatre Repertory Co Ltd directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Spanish Theatre Repertory Co Ltd
Spanish Theatre Repertory Co Ltd (EIN: 132672755) is a nonprofit organization based in New York, NY, classified under NTEE code A650. The organization reported total revenue of $3.6M and total assets of $9.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Spanish Theatre Repertory Co Ltd's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Spanish Theatre Repertory Co Ltd is a mid-size nonprofit that has been operating for 54 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $2.7M |
| Surplus / Deficit | $-79,670 |
| Total Assets | $8.4M |
| Total Liabilities | $1.4M |
| Net Assets | $7.0M |
| Operating Margin | -3.1% |
| Debt-to-Asset Ratio | 16.2% |
| Months of Reserves | 37.6 months |
Financial Health Grade: B
In 2023, Spanish Theatre Repertory Co Ltd reported a deficit of $80K with expenses exceeding revenue, holds 37.6 months of operating reserves (strong position), has a debt-to-asset ratio of 16.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Spanish Theatre Repertory Co Ltd's revenue has grown at a compound annual growth rate (CAGR) of 0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.7% | -5.6% | +16.1% |
| 2022 | +48.3% | +104.1% | -14.9% |
| 2021 | -24.2% | -39.1% | +19.3% |
| 2020 | -17.2% | -15.9% | +16.1% |
| 2019 | +23.1% | -2.2% | +3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1972 |
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 Spanish Theatre Repertory Co Ltd 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Spanish Theatre Repertory Co Ltd allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $80K, with expenses exceeding revenue.
- Debt-to-asset ratio: 16.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly unusual for an organization of this size with revenues exceeding $2 million annually. This suggests either a volunteer leadership structure or that compensation is reported under other expense categories, warranting further investigation for complete transparency.
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 Spanish Theatre Repertory Co Ltd's IRS 990 filings:
- Consistent operational deficits in recent years (2022 and 2023 expenses exceeded revenue).
- Significant increase in liabilities in 2023 ($1,357,141 from $278,864 in 2022).
- 0% reported officer compensation for an organization with over $2 million in revenue, which is unusual and may obscure how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Spanish Theatre Repertory Co Ltd:
- Consistent revenue generation over a decade, demonstrating stable donor and funding support.
- Healthy growth in assets from $6.07 million in 2014 to $8.38 million in 2023, indicating financial stability.
- Zero reported officer compensation across all filings, suggesting a strong commitment to directing funds towards the mission or a volunteer-led executive structure.
- Consistent IRS 990 filing history, indicating good transparency practices.
Frequently Asked Questions about Spanish Theatre Repertory Co Ltd
Is Spanish Theatre Repertory Co Ltd a legitimate charity?
Spanish Theatre Repertory Co Ltd (EIN: 132672755) 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: $3.6M. 3 red flags identified. 4 strengths noted. Financial health grade: B.
How does Spanish Theatre Repertory Co Ltd spend its money?
Spanish Theatre Repertory Co Ltd directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Spanish Theatre Repertory Co Ltd tax-deductible?
Spanish Theatre Repertory Co Ltd is registered as a tax-exempt nonprofit (EIN: 132672755). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Spanish Theatre Repertory Co Ltd CEO make?
Spanish Theatre Repertory Co Ltd's highest-compensated officer earns $2 annually. The organization reported $3.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Spanish Theatre Repertory Co Ltd's spending goes to programs?
Spanish Theatre Repertory Co Ltd directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Spanish Theatre Repertory Co Ltd compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Spanish Theatre Repertory Co Ltd 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 Spanish Theatre Repertory Co Ltd located?
Spanish Theatre Repertory Co Ltd is headquartered in New York, New York and files with the IRS under EIN 132672755. It is classified under NTEE code A650.
How many years of IRS 990 filings does Spanish Theatre Repertory Co Ltd have?
Spanish Theatre Repertory Co Ltd 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 $3.6M in total revenue.
Is Spanish Theatre Repertory Co Ltd a good charity?
Based on the available data, the organization demonstrates strong financial stability with growing assets and a commendable commitment to its mission, evidenced by zero reported officer compensation. However, recent operational deficits and a significant increase in liabilities in 2023 warrant further scrutiny to fully assess its long-term financial health.
Why is officer compensation reported as 0% for an organization with over $2 million in revenue?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this scale. It could indicate a volunteer leadership model, or that executive compensation is categorized differently within the expense breakdown, which would require a deeper dive into the full IRS Form 990 to understand.
What caused the significant increase in liabilities from $278,864 in 2022 to $1,357,141 in 2023?
The substantial jump in liabilities in the 2023 filing period is a key area for concern. This could be due to various factors such as new debt, deferred revenue, or other obligations. A detailed review of the organization's balance sheet in the full 990 filing would be necessary to understand the nature and implications of this increase.
How does the organization manage to grow assets despite recent operational deficits?
While the organization experienced operational deficits in 2022 and 2023 (expenses exceeding revenue), its assets continued to grow. This suggests that asset growth might be driven by non-operating activities such as investment gains, capital contributions, or significant non-cash donations, rather than solely from program revenue.
Filing History
IRS 990 filing history for Spanish Theatre Repertory Co Ltd showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Spanish Theatre Repertory Co Ltd's revenue has grown by 1.8%, moving from $2.5M to $2.6M. Total assets increased by 55.5% over the same period, from $5.4M to $8.4M. Total functional expenses fell by 1.3%, from $2.7M to $2.7M. In its most recent filing year (2023), Spanish Theatre Repertory Co Ltd reported a deficit of $80K, with expenses exceeding revenue. The organization holds $1.4M in liabilities against $8.4M in assets (debt-to-asset ratio: 16.2%), resulting in net assets of $7.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $2.7M | $8.4M | $1.4M | — | View 990 |
| 2022 | $2.7M | $2.8M | $7.2M | $279K | — | View 990 |
| 2021 | $1.9M | $1.4M | $8.5M | $400K | — | View 990 |
| 2020 | $2.4M | $2.3M | $7.1M | $475K | — | View 990 |
| 2019 | $3.0M | $2.7M | $6.1M | $197K | — | View 990 |
| 2018 | $2.4M | $2.8M | $5.9M | $182K | — | View 990 |
| 2017 | $2.8M | $2.7M | $6.1M | $221K | — | View 990 |
| 2016 | $2.4M | $2.6M | $5.9M | $186K | — | View 990 |
| 2015 | $2.4M | $2.3M | $5.8M | $183K | — | View 990 |
| 2014 | $2.2M | $2.5M | $6.1M | $156K | — | View 990 |
| 2013 | $2.2M | $2.4M | $5.7M | $162K | — | View 990 |
| 2012 | $2.4M | $2.6M | $5.7M | $214K | — | View 990 |
| 2011 | $2.5M | $2.7M | $5.4M | $126K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $2.7M, and assets of $8.4M (revenue -5.7% year-over-year).
- 2022: Revenue of $2.7M, expenses of $2.8M, and assets of $7.2M (revenue +48.3% year-over-year).
- 2021: Revenue of $1.9M, expenses of $1.4M, and assets of $8.5M (revenue -24.2% year-over-year).
- 2020: Revenue of $2.4M, expenses of $2.3M, and assets of $7.1M (revenue -17.2% year-over-year).
- 2019: Revenue of $3.0M, expenses of $2.7M, and assets of $6.1M (revenue +23.1% year-over-year).
- 2018: Revenue of $2.4M, expenses of $2.8M, and assets of $5.9M (revenue -14.5% year-over-year).
- 2017: Revenue of $2.8M, expenses of $2.7M, and assets of $6.1M (revenue +15.7% year-over-year).
- 2016: Revenue of $2.4M, expenses of $2.6M, and assets of $5.9M (revenue +0.8% year-over-year).
- 2015: Revenue of $2.4M, expenses of $2.3M, and assets of $5.8M (revenue +7.2% year-over-year).
- 2014: Revenue of $2.2M, expenses of $2.5M, and assets of $6.1M (revenue +3.1% year-over-year).
- 2013: Revenue of $2.2M, expenses of $2.4M, and assets of $5.7M (revenue -10.7% year-over-year).
- 2012: Revenue of $2.4M, expenses of $2.6M, and assets of $5.7M (revenue -4.2% year-over-year).
- 2011: Revenue of $2.5M, expenses of $2.7M, and assets of $5.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Spanish Theatre Repertory Co Ltd:
Data Sources and Methodology
This transparency report for Spanish Theatre Repertory Co Ltd 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.