Theater Alliance Of Washington Dc
EIN: 522224355 · Washington, DC · NTEE: A61
| Metric | Value |
|---|---|
| Total Revenue | $703K |
| Total Expenses | $571K |
| Net Assets | $135K |
Is Theater Alliance Of Washington Dc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Theater Alliance Of Washington Dc
Theater Alliance Of Washington Dc (EIN: 522224355) is a nonprofit organization based in Washington, DC, classified under NTEE code A61. The organization reported total revenue of $703K and total assets of $329K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Theater Alliance Of Washington Dc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Theater Alliance Of Washington Dc is a small nonprofit that has been operating for 26 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 13.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $422K |
| Total Expenses | $571K |
| Surplus / Deficit | $-149,479 |
| Total Assets | $149K |
| Total Liabilities | $13K |
| Net Assets | $135K |
| Operating Margin | -35.5% |
| Debt-to-Asset Ratio | 9.0% |
| Months of Reserves | 3.1 months |
Financial Health Grade: B
In 2024, Theater Alliance Of Washington Dc reported a deficit of $149K with expenses exceeding revenue, holds 3.1 months of operating reserves (adequate), has a debt-to-asset ratio of 9.0% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Theater Alliance Of Washington Dc's revenue has grown at a compound annual growth rate (CAGR) of 13.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -4.4% | +37.4% | -59.1% |
| 2023 | -4.4% | +1.5% | +8.2% |
| 2022 | +5.6% | +37.3% | +9.7% |
| 2021 | +26.2% | +0.5% | +73.2% |
| 2020 | -23.9% | -18.1% | +67.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Theater Alliance Of Washington Dc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Theater Alliance Of Washington Dc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $149K, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.0%.
Frequently Asked Questions about Theater Alliance Of Washington Dc
Is Theater Alliance Of Washington Dc a legitimate charity?
Theater Alliance Of Washington Dc (EIN: 522224355) is a registered tax-exempt nonprofit based in Washington DC. It has 14 years of IRS 990 filings on record. Total revenue: $703K. No red flags identified. Financial health grade: B.
How does Theater Alliance Of Washington Dc spend its money?
Theater Alliance Of Washington Dc reported $703K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Theater Alliance Of Washington Dc tax-deductible?
Theater Alliance Of Washington Dc is registered as a tax-exempt nonprofit (EIN: 522224355). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Theater Alliance Of Washington Dc located?
Theater Alliance Of Washington Dc is headquartered in Washington, Washington DC and files with the IRS under EIN 522224355. It is classified under NTEE code A61.
How many years of IRS 990 filings does Theater Alliance Of Washington Dc have?
Theater Alliance Of Washington Dc 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 $703K in total revenue.
Filing History
IRS 990 filing history for Theater Alliance Of Washington Dc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Theater Alliance Of Washington Dc's revenue has grown by 400.6%, moving from $84K to $422K. Total assets increased by 1999.5% over the same period, from $7K to $149K. Total functional expenses rose by 639.9%, from $77K to $571K. In its most recent filing year (2024), Theater Alliance Of Washington Dc reported a deficit of $149K, with expenses exceeding revenue. The organization holds $13K in liabilities against $149K in assets (debt-to-asset ratio: 9.0%), resulting in net assets of $135K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $422K | $571K | $149K | $13K | — | — |
| 2023 | $441K | $416K | $363K | $10K | — | View 990 |
| 2022 | $461K | $410K | $336K | $8K | — | View 990 |
| 2021 | $437K | $298K | $306K | $30K | — | — |
| 2020 | $346K | $297K | $177K | $40K | — | — |
| 2019 | $455K | $363K | $105K | $18K | — | View 990 |
| 2018 | $360K | $374K | $36K | $41K | — | View 990 |
| 2017 | $427K | $421K | $87K | $77K | — | View 990 |
| 2016 | $351K | $342K | $184K | $180K | — | View 990 |
| 2015 | $229K | $236K | $23K | $28K | — | View 990 |
| 2014 | $148K | $150K | $14K | $12K | — | View 990 |
| 2013 | $151K | $97K | $25K | $21K | — | View 990 |
| 2012 | $149K | $129K | $4K | $54K | — | View 990 |
| 2011 | $84K | $77K | $7K | $77K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $422K, expenses of $571K, and assets of $149K (revenue -4.4% year-over-year).
- 2023: Revenue of $441K, expenses of $416K, and assets of $363K (revenue -4.4% year-over-year).
- 2022: Revenue of $461K, expenses of $410K, and assets of $336K (revenue +5.6% year-over-year).
- 2021: Revenue of $437K, expenses of $298K, and assets of $306K (revenue +26.2% year-over-year).
- 2020: Revenue of $346K, expenses of $297K, and assets of $177K (revenue -23.9% year-over-year).
- 2019: Revenue of $455K, expenses of $363K, and assets of $105K (revenue +26.4% year-over-year).
- 2018: Revenue of $360K, expenses of $374K, and assets of $36K (revenue -15.7% year-over-year).
- 2017: Revenue of $427K, expenses of $421K, and assets of $87K (revenue +21.8% year-over-year).
- 2016: Revenue of $351K, expenses of $342K, and assets of $184K (revenue +52.9% year-over-year).
- 2015: Revenue of $229K, expenses of $236K, and assets of $23K (revenue +55.0% year-over-year).
- 2014: Revenue of $148K, expenses of $150K, and assets of $14K (revenue -2.0% year-over-year).
- 2013: Revenue of $151K, expenses of $97K, and assets of $25K (revenue +1.4% year-over-year).
- 2012: Revenue of $149K, expenses of $129K, and assets of $4K (revenue +76.8% year-over-year).
- 2011: Revenue of $84K, expenses of $77K, and assets of $7K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Theater Alliance Of Washington Dc:
Data Sources and Methodology
This transparency report for Theater Alliance Of Washington Dc 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.