Theater League Inc
EIN: 510196231 · Kansas City, MO · NTEE: A650
| Metric | Value |
|---|---|
| Total Revenue | $2.7M |
| Total Expenses | $5.5M |
| Net Assets | $26.8M |
Is Theater League Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Theater League Inc
Theater League Inc (EIN: 510196231) is a nonprofit organization based in Kansas City, MO, classified under NTEE code A650. The organization reported total revenue of $2.7M and total assets of $15.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Theater League Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Theater League Inc is a mid-size nonprofit that has been operating for 50 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.4M |
| Total Expenses | $5.5M |
| Surplus / Deficit | $-103,091 |
| Total Assets | $27.5M |
| Total Liabilities | $674K |
| Net Assets | $26.8M |
| Operating Margin | -1.9% |
| Debt-to-Asset Ratio | 2.5% |
| Months of Reserves | 59.8 months |
Financial Health Grade: B
In 2023, Theater League Inc reported a deficit of $103K with expenses exceeding revenue, holds 59.8 months of operating reserves (strong position), has a debt-to-asset ratio of 2.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Theater League Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +174.5% | -19.4% | -0.1% |
| 2022 | -7.1% | +300.4% | -15.3% |
| 2021 | -9.7% | -19.5% | +1.1% |
| 2020 | -77.3% | -78.3% | +4.6% |
| 2019 | -54.2% | -52.9% | +3.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1976 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Theater League Inc 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 League Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $103K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.5%.
Frequently Asked Questions about Theater League Inc
Is Theater League Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Theater League Inc (EIN: 510196231) insufficient data. 0 red flags identified, 0 strengths noted.
How does Theater League Inc spend its money?
Detailed spending breakdown data is not yet available for Theater League Inc. Check back for updated IRS 990 analysis.
Are donations to Theater League Inc tax-deductible?
Theater League Inc is registered as a tax-exempt nonprofit (EIN: 510196231). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Theater League Inc located?
Theater League Inc is headquartered in Kansas City, Missouri and files with the IRS under EIN 510196231. It is classified under NTEE code A650.
How many years of IRS 990 filings does Theater League Inc have?
Theater League Inc has 13 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 $2.7M in total revenue.
Filing History
IRS 990 filing history for Theater League Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Theater League Inc's revenue has declined by 47%, moving from $10.2M to $5.4M. Total assets increased by 32.1% over the same period, from $20.8M to $27.5M. Total functional expenses fell by 40.6%, from $9.3M to $5.5M. In its most recent filing year (2023), Theater League Inc reported a deficit of $103K, with expenses exceeding revenue. The organization holds $674K in liabilities against $27.5M in assets (debt-to-asset ratio: 2.5%), resulting in net assets of $26.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.4M | $5.5M | $27.5M | $674K | — | — |
| 2022 | $2.0M | $6.9M | $27.5M | $638K | — | View 990 |
| 2021 | $2.1M | $1.7M | $32.5M | $724K | — | View 990 |
| 2020 | $2.4M | $2.1M | $32.2M | $731K | — | View 990 |
| 2019 | $10.4M | $9.8M | $30.8M | $726K | — | View 990 |
| 2018 | $22.7M | $20.8M | $29.7M | $1.7M | — | View 990 |
| 2017 | $19.3M | $17.5M | $31.8M | $5.1M | — | View 990 |
| 2016 | $23.9M | $22.1M | $28.3M | $3.4M | — | View 990 |
| 2015 | $13.2M | $11.6M | $26.4M | $2.8M | — | View 990 |
| 2014 | $11.5M | $10.5M | $25.0M | $3.0M | — | View 990 |
| 2013 | $17.3M | $15.7M | $21.7M | $1.8M | — | View 990 |
| 2012 | $19.0M | $16.9M | $21.5M | $1.6M | — | View 990 |
| 2011 | $10.2M | $9.3M | $20.8M | $3.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.4M, expenses of $5.5M, and assets of $27.5M (revenue +174.5% year-over-year).
- 2022: Revenue of $2.0M, expenses of $6.9M, and assets of $27.5M (revenue -7.1% year-over-year).
- 2021: Revenue of $2.1M, expenses of $1.7M, and assets of $32.5M (revenue -9.7% year-over-year).
- 2020: Revenue of $2.4M, expenses of $2.1M, and assets of $32.2M (revenue -77.3% year-over-year).
- 2019: Revenue of $10.4M, expenses of $9.8M, and assets of $30.8M (revenue -54.2% year-over-year).
- 2018: Revenue of $22.7M, expenses of $20.8M, and assets of $29.7M (revenue +17.5% year-over-year).
- 2017: Revenue of $19.3M, expenses of $17.5M, and assets of $31.8M (revenue -19.3% year-over-year).
- 2016: Revenue of $23.9M, expenses of $22.1M, and assets of $28.3M (revenue +80.5% year-over-year).
- 2015: Revenue of $13.2M, expenses of $11.6M, and assets of $26.4M (revenue +14.7% year-over-year).
- 2014: Revenue of $11.5M, expenses of $10.5M, and assets of $25.0M (revenue -33.4% year-over-year).
- 2013: Revenue of $17.3M, expenses of $15.7M, and assets of $21.7M (revenue -8.9% year-over-year).
- 2012: Revenue of $19.0M, expenses of $16.9M, and assets of $21.5M (revenue +86.0% year-over-year).
- 2011: Revenue of $10.2M, expenses of $9.3M, and assets of $20.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Theater League Inc:
Data Sources and Methodology
This transparency report for Theater League 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.