Theater Project
EIN: 61690646 · Brunswick, ME · NTEE: A65
| Metric | Value |
|---|---|
| Total Revenue | $166K |
| Total Expenses | $163K |
| Net Assets | $84K |
Is Theater Project Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Theater Project
Theater Project (EIN: 61690646) is a nonprofit organization based in Brunswick, ME, classified under NTEE code A65. The organization reported total revenue of $166K and total assets of $86K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Theater Project's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Theater Project is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $166K |
| Total Expenses | $163K |
| Surplus / Deficit | +$3K |
| Total Assets | $86K |
| Total Liabilities | $2K |
| Net Assets | $84K |
| Operating Margin | 2.0% |
| Debt-to-Asset Ratio | 1.8% |
| Months of Reserves | 6.3 months |
Financial Health Grade: A
In 2023, Theater Project reported a surplus of $3K with revenue exceeding expenses, holds 6.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Theater Project's revenue has grown at a compound annual growth rate (CAGR) of 0.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +75.2% | +45.0% | -2.7% |
| 2022 | -1.0% | +33.5% | -18.6% |
| 2021 | -33.2% | +2.1% | +0.3% |
| 2020 | -8.7% | -51.9% | +119.5% |
| 2019 | -13.0% | +13.9% | -13.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Theater Project 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 Project 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 surplus of $3K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.8%.
Frequently Asked Questions about Theater Project
Is Theater Project a legitimate charity?
Based on AI analysis of IRS 990 filings, Theater Project (EIN: 61690646) insufficient data. 0 red flags identified, 0 strengths noted.
How does Theater Project spend its money?
Detailed spending breakdown data is not yet available for Theater Project. Check back for updated IRS 990 analysis.
Are donations to Theater Project tax-deductible?
Theater Project is registered as a tax-exempt nonprofit (EIN: 61690646). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Theater Project located?
Theater Project is headquartered in Brunswick, Maine and files with the IRS under EIN 61690646. It is classified under NTEE code A65.
How many years of IRS 990 filings does Theater Project have?
Theater Project 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 $166K in total revenue.
Filing History
IRS 990 filing history for Theater Project showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Theater Project's revenue has grown by 0.4%, moving from $165K to $166K. Total assets increased by 300.3% over the same period, from $21K to $86K. Total functional expenses rose by 8.2%, from $150K to $163K. In its most recent filing year (2023), Theater Project reported a surplus of $3K, with revenue exceeding expenses. The organization holds $2K in liabilities against $86K in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $84K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $166K | $163K | $86K | $2K | — | — |
| 2022 | $95K | $112K | $88K | $7K | — | View 990 |
| 2021 | $96K | $84K | $108K | $10K | — | View 990 |
| 2020 | $143K | $82K | $108K | $21K | — | — |
| 2019 | $157K | $171K | $49K | $27K | — | View 990 |
| 2018 | $180K | $150K | $57K | $6K | — | View 990 |
| 2017 | $145K | $137K | $43K | $20K | — | View 990 |
| 2016 | $132K | $126K | $33K | $20K | — | View 990 |
| 2015 | $145K | $137K | $19K | $13K | — | View 990 |
| 2014 | $151K | $143K | $16K | $18K | — | View 990 |
| 2013 | $132K | $150K | $3K | $12K | — | View 990 |
| 2012 | $163K | $161K | $19K | $11K | — | View 990 |
| 2011 | $165K | $150K | $21K | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $166K, expenses of $163K, and assets of $86K (revenue +75.2% year-over-year).
- 2022: Revenue of $95K, expenses of $112K, and assets of $88K (revenue -1.0% year-over-year).
- 2021: Revenue of $96K, expenses of $84K, and assets of $108K (revenue -33.2% year-over-year).
- 2020: Revenue of $143K, expenses of $82K, and assets of $108K (revenue -8.7% year-over-year).
- 2019: Revenue of $157K, expenses of $171K, and assets of $49K (revenue -13.0% year-over-year).
- 2018: Revenue of $180K, expenses of $150K, and assets of $57K (revenue +24.1% year-over-year).
- 2017: Revenue of $145K, expenses of $137K, and assets of $43K (revenue +9.7% year-over-year).
- 2016: Revenue of $132K, expenses of $126K, and assets of $33K (revenue -8.7% year-over-year).
- 2015: Revenue of $145K, expenses of $137K, and assets of $19K (revenue -3.8% year-over-year).
- 2014: Revenue of $151K, expenses of $143K, and assets of $16K (revenue +13.8% year-over-year).
- 2013: Revenue of $132K, expenses of $150K, and assets of $3K (revenue -18.8% year-over-year).
- 2012: Revenue of $163K, expenses of $161K, and assets of $19K (revenue -1.2% year-over-year).
- 2011: Revenue of $165K, expenses of $150K, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Theater Project:
Data Sources and Methodology
This transparency report for Theater Project 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.