Tectonic Theater Project Inc
Tectonic Theater Project Inc shows stable finances with no reported officer compensation, though experienced a deficit in 2023.
EIN: 133686664 · New York, NY · NTEE: A650 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $1.7M |
| Program Spending | 85% |
| Net Assets | $238K |
| Transparency Score | 90/100 |
Is Tectonic Theater Project Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tectonic Theater Project Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tectonic Theater Project Inc
Tectonic Theater Project Inc (EIN: 133686664) is a nonprofit organization based in New York, NY, classified under NTEE code A650. The organization reported total revenue of $2.4M and total assets of $787K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tectonic Theater Project Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tectonic Theater Project Inc is a mid-size nonprofit that has been operating for 33 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 3.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.7M |
| Surplus / Deficit | $-168,006 |
| Total Assets | $322K |
| Total Liabilities | $84K |
| Net Assets | $238K |
| Operating Margin | -10.8% |
| Debt-to-Asset Ratio | 26.1% |
| Months of Reserves | 2.2 months |
Financial Health Grade: C
In 2023, Tectonic Theater Project Inc reported a deficit of $168K with expenses exceeding revenue, holds 2.2 months of operating reserves (limited), has a debt-to-asset ratio of 26.1% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Tectonic Theater Project Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.4% | +11.2% | -13.3% |
| 2022 | +31.0% | +81.4% | +9.6% |
| 2021 | +20.2% | +1.0% | -2.8% |
| 2020 | -10.8% | -24.1% | +110.7% |
| 2019 | +4.3% | +10.0% | -10.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1993 |
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 Tectonic Theater Project 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, Tectonic Theater Project 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $168K, with expenses exceeding revenue.
- Debt-to-asset ratio: 26.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of this size and suggests a strong commitment to directing funds to its mission.
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 Tectonic Theater Project Inc's IRS 990 filings:
- Expenses exceeded revenue in the latest 2023 filing, resulting in a deficit of $168,006.
Strengths
The following positive indicators were identified for Tectonic Theater Project Inc:
- Consistent reporting of 0% officer compensation across all available filings.
- Generally stable financial performance with revenues often exceeding expenses.
- Assets have shown growth over recent years, from $165,612 in 2019 to $322,051 in 2023.
- Consistent filing of IRS Form 990s, indicating good transparency.
Frequently Asked Questions about Tectonic Theater Project Inc
Is Tectonic Theater Project Inc a legitimate charity?
Tectonic Theater Project Inc (EIN: 133686664) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 14 years of IRS 990 filings on record. Total revenue: $2.4M. 1 red flag identified. 4 strengths noted. Financial health grade: C.
How does Tectonic Theater Project Inc spend its money?
Tectonic Theater Project Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Tectonic Theater Project Inc tax-deductible?
Tectonic Theater Project Inc is registered as a tax-exempt nonprofit (EIN: 133686664). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Tectonic Theater Project Inc's spending goes to programs?
Tectonic Theater Project Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Tectonic Theater Project Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Tectonic Theater Project Inc 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 Tectonic Theater Project Inc located?
Tectonic Theater Project Inc is headquartered in New York, New York and files with the IRS under EIN 133686664. It is classified under NTEE code A650.
How many years of IRS 990 filings does Tectonic Theater Project Inc have?
Tectonic Theater Project Inc has 14 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 $2.4M in total revenue.
Is Tectonic Theater Project Inc a good charity?
Based on the available financial data, Tectonic Theater Project Inc appears to be a good charity. It consistently files its IRS 990s, shows generally stable finances, and notably reports 0% officer compensation, indicating a strong commitment to its mission and efficient use of funds.
How has Tectonic Theater Project Inc's financial health changed over time?
The organization has shown consistent revenue generation, generally covering expenses. Assets have grown from $165,612 in 2019 to $322,051 in 2023, indicating financial growth. While there was a deficit in 2023, the overall trend over the past decade shows resilience and growth.
What is the significance of 0% officer compensation?
The 0% officer compensation across all filings is highly significant. It suggests that the organization's leadership may be unpaid volunteers or compensated through other means not reported as officer compensation, which is a strong indicator of dedication to the mission and efficient use of donor funds.
Filing History
IRS 990 filing history for Tectonic Theater Project Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Tectonic Theater Project Inc's revenue has grown by 54.4%, moving from $1.0M to $1.6M. Total assets increased by 172.7% over the same period, from $118K to $322K. Total functional expenses rose by 56.6%, from $1.1M to $1.7M. In its most recent filing year (2023), Tectonic Theater Project Inc reported a deficit of $168K, with expenses exceeding revenue. The organization holds $84K in liabilities against $322K in assets (debt-to-asset ratio: 26.1%), resulting in net assets of $238K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.7M | $322K | $84K | — | — |
| 2022 | $1.6M | $1.5M | $372K | $29K | — | View 990 |
| 2021 | $1.2M | $853K | $339K | $21K | — | View 990 |
| 2020 | $1.0M | $844K | $349K | $129K | — | — |
| 2019 | $1.1M | $1.1M | $166K | $44K | — | View 990 |
| 2018 | $1.1M | $1.0M | $184K | $83K | — | View 990 |
| 2017 | $876K | $1.2M | $141K | $114K | — | View 990 |
| 2016 | $869K | $976K | $413K | $99K | — | View 990 |
| 2015 | $1.2M | $1.0M | $489K | $68K | — | View 990 |
| 2014 | $1.5M | $1.4M | $376K | $92K | — | View 990 |
| 2013 | $1.0M | $834K | $392K | $178K | — | View 990 |
| 2012 | $479K | $403K | $61K | $84K | — | View 990 |
| 2011 | $479K | $403K | $61K | $84K | — | View 990 |
| 2010 | $1.0M | $1.1M | $118K | $197K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.7M, and assets of $322K (revenue -2.4% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.5M, and assets of $372K (revenue +31.0% year-over-year).
- 2021: Revenue of $1.2M, expenses of $853K, and assets of $339K (revenue +20.2% year-over-year).
- 2020: Revenue of $1.0M, expenses of $844K, and assets of $349K (revenue -10.8% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.1M, and assets of $166K (revenue +4.3% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.0M, and assets of $184K (revenue +23.8% year-over-year).
- 2017: Revenue of $876K, expenses of $1.2M, and assets of $141K (revenue +0.7% year-over-year).
- 2016: Revenue of $869K, expenses of $976K, and assets of $413K (revenue -26.3% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.0M, and assets of $489K (revenue -21.8% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.4M, and assets of $376K (revenue +50.2% year-over-year).
- 2013: Revenue of $1.0M, expenses of $834K, and assets of $392K (revenue +109.7% year-over-year).
- 2012: Revenue of $479K, expenses of $403K, and assets of $61K (revenue +0.0% year-over-year).
- 2011: Revenue of $479K, expenses of $403K, and assets of $61K (revenue -52.3% year-over-year).
- 2010: Revenue of $1.0M, expenses of $1.1M, and assets of $118K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tectonic Theater Project Inc:
Data Sources and Methodology
This transparency report for Tectonic Theater Project 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.