St George Theatre Restoration Inc

St George Theatre Restoration Inc shows consistent asset growth and zero reported officer compensation over the past decade.

EIN: 200985637 · Staten Island, NY · NTEE: A62 · Updated: 2026-03-28

$6.6MRevenue

$12.2MAssets

90/100Mission Score (Excellent)

A62

About St George Theatre Restoration Inc

St George Theatre Restoration Inc (EIN: 200985637) is a nonprofit organization based in Staten Island, NY, classified under NTEE code A62. The organization reported total revenue of $6.6M and total assets of $12.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St George Theatre Restoration Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

St George Theatre Restoration Inc demonstrates a generally healthy financial position with fluctuating but often positive net revenue. For instance, in 202206, the organization reported revenue of $7,703,839 against expenses of $4,204,024, indicating a substantial surplus. While there have been periods of deficit, such as in 201906 where expenses ($5,017,570) exceeded revenue ($4,783,096), the overall trend shows growth in assets, from $5,082,647 in 201412 to $10,249,569 in 202306. The organization consistently reports 0% officer compensation, which is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. This practice suggests a volunteer-led or very lean executive structure, which can be highly efficient.

The organization's spending efficiency appears strong, particularly given the consistent reporting of zero officer compensation. This suggests that a significant portion of expenses is likely directed towards program services and operational costs directly related to the theatre's restoration and activities. The growth in assets over the past decade, nearly doubling, further supports a picture of sound financial management and reinvestment into the organization's mission. The relatively low liabilities in recent years, such as $386,580 in 202306 compared to assets of over $10 million, also indicate good financial stability and a low debt burden.

Overall, St George Theatre Restoration Inc exhibits good financial health, strong spending efficiency due to its executive compensation structure, and a high degree of transparency regarding its leadership's compensation. The consistent growth in assets and generally positive net income trends, despite some fluctuations, paint a picture of a well-managed nonprofit focused on its mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates St George Theatre Restoration Inc with a Mission Score of 90 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, St George Theatre Restoration Inc 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.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of this size and revenue, suggesting a volunteer-led executive team or that 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 St George Theatre Restoration Inc's IRS 990 filings:

Significant year-over-year revenue fluctuations, indicating potential instability in funding sources (e.g., $7.7M in 202206 to $4.6M in 202306).
Consistent 0% officer compensation might indicate a lack of transparency if executive duties are performed by compensated staff under other expense categories, or it could genuinely reflect a volunteer-led structure.

Strengths

The following positive indicators were identified for St George Theatre Restoration Inc:

Consistent growth in assets, nearly doubling from $5,082,647 in 201412 to $10,249,569 in 202306, demonstrating financial health.
Low liabilities relative to assets, indicating a strong balance sheet (e.g., $386,580 liabilities vs. $10,249,569 assets in 202306).
Zero reported officer compensation, suggesting a highly efficient use of funds for program services or a dedicated volunteer leadership.
Positive net income in most recent periods (e.g., $4,603,431 revenue vs. $4,247,944 expenses in 202306).

Frequently Asked Questions about St George Theatre Restoration Inc

Is St George Theatre Restoration Inc financially stable?

Yes, the organization appears financially stable. Assets have consistently grown from $5,082,647 in 201412 to $10,249,569 in 202306, and liabilities are generally low relative to assets, such as $386,580 in 202306.

How does St George Theatre Restoration Inc manage executive compensation?

St George Theatre Restoration Inc reports 0% officer compensation in all available filings, suggesting a volunteer-led executive team or that executive compensation is not reported under this specific line item.

Has the organization's revenue been consistent?

Revenue has fluctuated significantly, from a low of $1,284,618 in 202106 to a high of $7,703,839 in 202206, indicating variability in income streams.

Filing History

IRS 990 filing history for St George Theatre Restoration Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), St George Theatre Restoration Inc's revenue has grown by 132.9%, moving from $2.0M to $4.6M. Total assets increased by 107.4% over the same period, from $4.9M to $10.2M. Total functional expenses rose by 150.2%, from $1.7M to $4.2M. In its most recent filing year (2023), St George Theatre Restoration Inc reported a surplus of $355K, with revenue exceeding expenses. The organization holds $387K in liabilities against $10.2M in assets (debt-to-asset ratio: 3.8%), resulting in net assets of $9.9M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$4.6M	$4.2M	$10.2M	$387K	—	—
2022	$7.7M	$4.2M	$10.4M	$905K	—	View 990
2021	$1.3M	$1.3M	$9.1M	$3.1M	—	View 990
2020	$3.1M	$3.5M	$7.6M	$1.6M	—	View 990
2019	$4.8M	$5.0M	$7.2M	$894K	—	View 990
2018	$4.6M	$3.8M	$7.3M	$707K	—	View 990
2017	$4.1M	$4.2M	$6.3M	$483K	—	View 990
2016	$3.2M	$3.2M	$6.7M	$827K	—	View 990
2015	$2.3M	$1.1M	$6.6M	$842K	—	View 990
2014	$2.2M	$2.2M	$5.1M	$551K	—	View 990
2013	$1.7M	$1.7M	$5.2M	$565K	—	View 990
2012	$2.0M	$2.0M	$5.0M	$471K	—	View 990
2011	$2.0M	$1.7M	$4.9M	$374K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $4.6M, expenses of $4.2M, and assets of $10.2M (revenue -40.2% year-over-year).
2022: Revenue of $7.7M, expenses of $4.2M, and assets of $10.4M (revenue +499.7% year-over-year).
2021: Revenue of $1.3M, expenses of $1.3M, and assets of $9.1M (revenue -58.7% year-over-year).
2020: Revenue of $3.1M, expenses of $3.5M, and assets of $7.6M (revenue -34.9% year-over-year).
2019: Revenue of $4.8M, expenses of $5.0M, and assets of $7.2M (revenue +3.4% year-over-year).
2018: Revenue of $4.6M, expenses of $3.8M, and assets of $7.3M (revenue +11.8% year-over-year).
2017: Revenue of $4.1M, expenses of $4.2M, and assets of $6.3M (revenue +28.6% year-over-year).
2016: Revenue of $3.2M, expenses of $3.2M, and assets of $6.7M (revenue +38.5% year-over-year).
2015: Revenue of $2.3M, expenses of $1.1M, and assets of $6.6M (revenue +7.0% year-over-year).
2014: Revenue of $2.2M, expenses of $2.2M, and assets of $5.1M (revenue +24.6% year-over-year).
2013: Revenue of $1.7M, expenses of $1.7M, and assets of $5.2M (revenue -12.8% year-over-year).
2012: Revenue of $2.0M, expenses of $2.0M, and assets of $5.0M (revenue +1.2% year-over-year).
2011: Revenue of $2.0M, expenses of $1.7M, and assets of $4.9M.

Data Sources and Methodology

This transparency report for St George Theatre Restoration 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.