State Street Theater Co

State Street Theater Co shows consistent asset growth and healthy surpluses with no reported officer compensation.

EIN: 113678399 · New Ulm, MN · NTEE: A65 · Updated: 2026-03-28

$613KRevenue

$1.4MAssets

92/100Mission Score (Excellent)

A65

About State Street Theater Co

State Street Theater Co (EIN: 113678399) is a nonprofit organization based in New Ulm, MN, classified under NTEE code A65. The organization reported total revenue of $613K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of State Street Theater Co's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

State Street Theater Co demonstrates strong financial health and growth, with its assets consistently increasing from $2,758 in 2015 to $1,416,885 currently. The organization has consistently operated with a surplus, as evidenced by revenues significantly exceeding expenses in most recent periods, such as $517,563 in revenue against $328,408 in expenses for the 202405 period. This indicates effective financial management and a capacity to build reserves. The organization's transparency is commendable given the consistent filing of IRS 990s and the clear reporting of zero officer compensation across all periods, which suggests a volunteer-driven leadership or very modest compensation not meeting reporting thresholds, enhancing public trust. The absence of significant liabilities further strengthens its financial standing.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates State Street Theater Co with a Mission Score of 92 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, State Street Theater Co 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

Executive compensation is reported as 0% across all available filings, indicating that officers either serve on a volunteer basis or receive compensation below the IRS reporting threshold, which is highly favorable for a nonprofit of its size with current assets of $1,416,885.

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.

Strengths

The following positive indicators were identified for State Street Theater Co:

Consistent and significant asset growth, from $2,758 in 2015 to $1,416,885 currently.
Healthy financial surpluses in most periods, indicating strong financial management (e.g., $517,563 revenue vs. $328,408 expenses in 202405).
Zero reported officer compensation across all filings, suggesting efficient use of funds for mission-related activities.
Low liabilities, indicating a strong balance sheet and minimal financial risk (e.g., $1,171 in 202305).
Consistent IRS 990 filing history, demonstrating transparency and compliance.

Frequently Asked Questions about State Street Theater Co

Is State Street Theater Co a good charity?

Based on its financial data, State Street Theater Co appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and efficient operations with revenues consistently exceeding expenses. The absence of reported officer compensation is also a positive indicator of resource allocation towards its mission.

How has State Street Theater Co's financial health changed over time?

State Street Theater Co has shown remarkable financial growth and stability. Its assets have grown from $2,758 in 2015 to $1,416,885 currently, and revenue has increased significantly, from $82,446 in 2015 to $613,212 currently, indicating robust expansion and successful fundraising efforts.

What is State Street Theater Co's spending efficiency?

The organization demonstrates strong spending efficiency. For the 202405 period, expenses were $328,408 against revenues of $517,563, meaning a significant portion of revenue was retained or invested. The consistent surpluses across multiple years suggest effective cost management and a focus on building long-term capacity.

Filing History

IRS 990 filing history for State Street Theater Co showing financial trends over 11 years of public records:

Over 11 years of IRS 990 filings (2014–2024), State Street Theater Co's revenue has grown by 852.3%, moving from $54K to $518K. Total assets increased by 184270.3% over the same period, from $684 to $1.3M. Total functional expenses rose by 464.1%, from $58K to $328K. In its most recent filing year (2024), State Street Theater Co reported a surplus of $189K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$518K	$328K	$1.3M	$-205	—	—
2023	$469K	$237K	$1.1M	$1K	—	—
2022	$508K	$240K	$844K	$3K	—	View 990
2021	$127K	$103K	$576K	$3K	—	—
2020	$220K	$145K	$551K	$1K	—	View 990
2019	$173K	$117K	$475K	$0	—	View 990
2018	$246K	$70K	$420K	$0	—	—
2017	$126K	$61K	$77K	$0	—	View 990
2016	$90K	$86K	$11K	$0	—	View 990
2015	$82K	$80K	$3K	$0	—	—
2014	$54K	$58K	$684	$0	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $518K, expenses of $328K, and assets of $1.3M (revenue +10.4% year-over-year).
2023: Revenue of $469K, expenses of $237K, and assets of $1.1M (revenue -7.7% year-over-year).
2022: Revenue of $508K, expenses of $240K, and assets of $844K (revenue +301.0% year-over-year).
2021: Revenue of $127K, expenses of $103K, and assets of $576K (revenue -42.3% year-over-year).
2020: Revenue of $220K, expenses of $145K, and assets of $551K (revenue +27.2% year-over-year).
2019: Revenue of $173K, expenses of $117K, and assets of $475K (revenue -29.7% year-over-year).
2018: Revenue of $246K, expenses of $70K, and assets of $420K (revenue +94.8% year-over-year).
2017: Revenue of $126K, expenses of $61K, and assets of $77K (revenue +39.6% year-over-year).
2016: Revenue of $90K, expenses of $86K, and assets of $11K (revenue +9.5% year-over-year).
2015: Revenue of $82K, expenses of $80K, and assets of $3K (revenue +51.7% year-over-year).
2014: Revenue of $54K, expenses of $58K, and assets of $684.

Data Sources and Methodology

This transparency report for State Street Theater Co 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.