Tau Dance Theater
Tau Dance Theater faces recent financial deficits with expenses exceeding revenue in the last two reported periods.
EIN: 200619112 · Aiea, HI · NTEE: A62 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $71K |
| Total Expenses | $106K |
| Program Spending | 85% |
| Net Assets | $3K |
| Transparency Score | 70/100 |
Is Tau Dance Theater Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tau Dance Theater directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tau Dance Theater
Tau Dance Theater (EIN: 200619112) is a nonprofit organization based in Aiea, HI, classified under NTEE code A62. The organization reported total revenue of $71K and total assets of $7K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tau Dance Theater's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tau Dance Theater is a micro nonprofit that has been operating for 22 years, with 6 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -0.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $89K |
| Total Expenses | $106K |
| Surplus / Deficit | $-17,462 |
| Total Assets | $8K |
| Total Liabilities | $5K |
| Net Assets | $3K |
| Operating Margin | -19.7% |
| Debt-to-Asset Ratio | 64.0% |
| Months of Reserves | 0.9 months |
Financial Health Grade: D
In 2023, Tau Dance Theater reported a deficit of $17K with expenses exceeding revenue, holds 0.9 months of operating reserves (limited), has a debt-to-asset ratio of 64.0% (high leverage).
Financial Trends
Over 6 years of filings (2010–2023), Tau Dance Theater's revenue has declined at a compound annual growth rate (CAGR) of -0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.5% | -4.6% | -65.7% |
| 2022 | -11.1% | +59.1% | -48.7% |
| 2021 | +320.7% | +187.7% | +621.1% |
| 2012 | -71.5% | -70.7% | +7.7% |
| 2011 | -9.6% | -10.0% | +3.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2004 |
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 Tau Dance Theater with a Mission Score of 70 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Tau Dance Theater 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 $17K, with expenses exceeding revenue.
- Debt-to-asset ratio: 64.0%.
Executive Compensation Analysis
Tau Dance Theater consistently reports 0% officer compensation across all available filings, indicating that executive compensation is not a significant financial outlay for this small organization.
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 Tau Dance Theater's IRS 990 filings:
- Consistent deficits in the last two reporting periods (202312 and 202212), indicating expenses exceeding revenue.
- Significant decline in assets from $43,997 in 202112 to $7,746 in 202312.
- Increasing liabilities from $1,762 in 202112 to $4,957 in 202312.
Strengths
The following positive indicators were identified for Tau Dance Theater:
- Consistent IRS 990 filing history, indicating good transparency.
- 0% officer compensation reported across all filings, suggesting resources are not diverted to high executive salaries.
- Long operational history dating back to at least 2010.
Frequently Asked Questions about Tau Dance Theater
Is Tau Dance Theater a legitimate charity?
Tau Dance Theater (EIN: 200619112) is a registered tax-exempt nonprofit based in Hawaii. Our AI analysis gives it a Mission Score of 70/100. It has 6 years of IRS 990 filings on record. Total revenue: $71K. 3 red flags identified. 3 strengths noted. Financial health grade: D.
How does Tau Dance Theater spend its money?
Tau Dance Theater directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Tau Dance Theater tax-deductible?
Tau Dance Theater is registered as a tax-exempt nonprofit (EIN: 200619112). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Tau Dance Theater's spending goes to programs?
Tau Dance Theater directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Tau Dance Theater compare to similar nonprofits?
With a transparency score of 70/100 (Good), Tau Dance Theater is above average for NTEE category A62 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Tau Dance Theater located?
Tau Dance Theater is headquartered in Aiea, Hawaii and files with the IRS under EIN 200619112. It is classified under NTEE code A62.
How many years of IRS 990 filings does Tau Dance Theater have?
Tau Dance Theater has 6 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 $71K in total revenue.
Is Tau Dance Theater financially stable?
Based on the last two filings (202312 and 202212), Tau Dance Theater has experienced deficits, with expenses exceeding revenue. For example, in 202312, expenses were $106,273 against $88,811 in revenue. This suggests potential financial instability, though a deeper dive into their funding sources and expense categories would be needed for a definitive answer.
How has the organization's asset base changed over time?
Tau Dance Theater's assets have fluctuated. They peaked at $43,997 in 202112 but have since declined to $7,746 in 202312. This significant decrease in assets warrants further investigation.
What is the trend in liabilities?
Liabilities have shown an increasing trend in recent years, rising from $1,762 in 202112 to $4,957 in 202312. This increase, coupled with declining assets, could be a concern.
Filing History
IRS 990 filing history for Tau Dance Theater showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2010–2023), Tau Dance Theater's revenue has declined by 4%, moving from $93K to $89K. Total assets increased by 41.8% over the same period, from $5K to $8K. Total functional expenses rose by 15.2%, from $92K to $106K. In its most recent filing year (2023), Tau Dance Theater reported a deficit of $17K, with expenses exceeding revenue. The organization holds $5K in liabilities against $8K in assets (debt-to-asset ratio: 64.0%), resulting in net assets of $3K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $89K | $106K | $8K | $5K | — | — |
| 2022 | $89K | $111K | $23K | $2K | — | View 990 |
| 2021 | $100K | $70K | $44K | $2K | — | — |
| 2012 | $24K | $24K | $6K | $972 | — | View 990 |
| 2011 | $84K | $83K | $6K | $59 | — | View 990 |
| 2010 | $93K | $92K | $5K | $230 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $89K, expenses of $106K, and assets of $8K (revenue -0.5% year-over-year).
- 2022: Revenue of $89K, expenses of $111K, and assets of $23K (revenue -11.1% year-over-year).
- 2021: Revenue of $100K, expenses of $70K, and assets of $44K (revenue +320.7% year-over-year).
- 2012: Revenue of $24K, expenses of $24K, and assets of $6K (revenue -71.5% year-over-year).
- 2011: Revenue of $84K, expenses of $83K, and assets of $6K (revenue -9.6% year-over-year).
- 2010: Revenue of $93K, expenses of $92K, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tau Dance Theater:
Data Sources and Methodology
This transparency report for Tau Dance Theater 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.