Split Knuckle Theatre Company
Split Knuckle Theatre Company: Erratic Revenue, Questionable Spending
EIN: 221222656 · New Haven, CT · Updated: 2026-04-04
Is Split Knuckle Theatre Company Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Split Knuckle Theatre Company
Split Knuckle Theatre Company (EIN: 221222656) is a nonprofit organization based in New Haven, CT. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Split Knuckle Theatre Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Split Knuckle Theatre Company is a micro nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $59K |
| Total Expenses | $62K |
| Surplus / Deficit | $-3,162 |
| Total Assets | $84K |
| Net Assets | $84K |
| Operating Margin | -5.4% |
| Months of Reserves | 16.2 months |
Financial Health Grade: B
In 2015, Split Knuckle Theatre Company reported a deficit of $3K with expenses exceeding revenue, holds 16.2 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2011–2015), Split Knuckle Theatre Company's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -67.2% | -53.0% | -3.6% |
| 2014 | +139.6% | +53.0% | +120.8% |
| 2013 | -57.5% | -38.2% | -22.4% |
| 2012 | +237.4% | +213.4% | +260.1% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Split Knuckle Theatre Company with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Split Knuckle Theatre Company allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, which is highly unusual and warrants further investigation given the organization's reported expenses.
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 Split Knuckle Theatre Company's IRS 990 filings:
- Zero program service expenses reported across all years, despite significant total expenses.
- Inconsistent revenue, with a sharp drop from $179,789 in 2014 to $59,015 in 2015.
- Lack of detailed expense breakdown makes financial analysis difficult.
- Reporting $0 in compensation for officers/directors raises questions about how leadership is compensated or if the filings are incomplete.
Strengths
The following positive indicators were identified for Split Knuckle Theatre Company:
- Maintains a positive asset balance across all reported years.
Frequently Asked Questions about Split Knuckle Theatre Company
Is Split Knuckle Theatre Company a legitimate charity?
Based on AI analysis of IRS 990 filings, Split Knuckle Theatre Company (EIN: 221222656) significant concerns. Mission Score: 45/100. 4 red flags identified, 1 strength noted.
How does Split Knuckle Theatre Company spend its money?
Detailed spending breakdown data is not yet available for Split Knuckle Theatre Company. Check back for updated IRS 990 analysis.
Are donations to Split Knuckle Theatre Company tax-deductible?
Split Knuckle Theatre Company is registered as a tax-exempt nonprofit (EIN: 221222656). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Split Knuckle Theatre Company do?
Split Knuckle Theatre Company is a nonprofit organization in the Unknown sector, located in New Haven, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Split Knuckle Theatre Company have?
Split Knuckle Theatre Company reported total revenue of N/A. Based on 5 IRS 990 filings on record.
What are Split Knuckle Theatre Company's total assets?
Split Knuckle Theatre Company holds total assets of N/A as reported in IRS 990 filings.
Where is Split Knuckle Theatre Company located?
Split Knuckle Theatre Company is based in New Haven, Connecticut.
What is Split Knuckle Theatre Company's EIN?
Split Knuckle Theatre Company's Employer Identification Number (EIN) is 221222656. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Split Knuckle Theatre Company?
Split Knuckle Theatre Company is classified under NTEE code Unknown (Unknown).
Is Split Knuckle Theatre Company a registered 501(c)(3)?
Split Knuckle Theatre Company appears in IRS records (EIN: 221222656). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Split Knuckle Theatre Company file IRS Form 990?
Yes, Split Knuckle Theatre Company has 5 IRS Form 990 filings on record. The most recent covers tax period 201512.
What was Split Knuckle Theatre Company's revenue in 2015?
In the 201512 filing period, Split Knuckle Theatre Company reported total revenue of $59,015, total expenses of $62,177, and net assets of $83,845.
Is Split Knuckle Theatre Company's revenue growing or declining?
Split Knuckle Theatre Company's revenue is declining. Revenue went from $179,789 (201412) to $59,015 (201512), a -67.2% change. Based on 5 filings on record.
What is Split Knuckle Theatre Company's most recent 990 filing?
The most recent IRS Form 990 filing for Split Knuckle Theatre Company covers tax period 201512. It shows revenue of $59,015, expenses of $62,177, total assets of $83,845, and liabilities of N/A.
Is Split Knuckle Theatre Company a trustworthy charity?
Based on AI analysis of IRS 990 data, Split Knuckle Theatre Company shows mixed signals. Mission Score: 45/100 (Fair). 4 red flags identified. 1 strength noted.
What are the red flags for Split Knuckle Theatre Company?
The following concerns were identified: Zero program service expenses reported across all years, despite significant total expenses.. Inconsistent revenue, with a sharp drop from $179,789 in 2014 to $59,015 in 2015.. Lack of detailed expense breakdown makes financial analysis difficult.. Reporting $0 in compensation for officers/directors raises questions about how leadership is compensated or if the filings are incomplete.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Split Knuckle Theatre Company's strengths?
Positive indicators for Split Knuckle Theatre Company include: Maintains a positive asset balance across all reported years.. These findings are derived from AI analysis of the organization's financial filings.
How does Split Knuckle Theatre Company compensate executives?
Executive compensation is reported as $0 across all available filings, which is highly unusual and warrants further investigation given the organization's reported expenses. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Split Knuckle Theatre Company operate without any reported program service expenses, and what activities are classified under 'other expenses'?
The filings consistently show $0 for program service expenses, with all expenditures categorized as 'other expenses'. This suggests a misclassification of core activities or a lack of direct program spending.
Given the reported $0 executive compensation, how are the organization's leaders and key personnel compensated for their work?
The filings indicate $0 compensation for officers, directors, trustees, and key employees. This could imply pro-bono work, compensation through other means not reported, or an error in reporting.
Filing History
IRS 990 filing history for Split Knuckle Theatre Company showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Split Knuckle Theatre Company's revenue has grown by 12.8%, moving from $52K to $59K. Total assets increased by 494.7% over the same period, from $14K to $84K. Total functional expenses rose by 39.4%, from $45K to $62K. In its most recent filing year (2015), Split Knuckle Theatre Company reported a deficit of $3K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $59K | $62K | $84K | $0 | — | View 990 |
| 2014 | $180K | $132K | $87K | $0 | — | View 990 |
| 2013 | $75K | $86K | $39K | $0 | — | View 990 |
| 2012 | $176K | $140K | $51K | $0 | — | View 990 |
| 2011 | $52K | $45K | $14K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $59K, expenses of $62K, and assets of $84K (revenue -67.2% year-over-year).
- 2014: Revenue of $180K, expenses of $132K, and assets of $87K (revenue +139.6% year-over-year).
- 2013: Revenue of $75K, expenses of $86K, and assets of $39K (revenue -57.5% year-over-year).
- 2012: Revenue of $176K, expenses of $140K, and assets of $51K (revenue +237.4% year-over-year).
- 2011: Revenue of $52K, expenses of $45K, and assets of $14K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Split Knuckle Theatre Company:
Data Sources and Methodology
This transparency report for Split Knuckle 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.