Theatre B
Theatre B shows fluctuating financial performance with recent deficits but consistent asset growth and no reported officer compensation.
EIN: 200204648 · Moorhead, MN · NTEE: A65 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $190K |
| Total Expenses | $269K |
| Program Spending | 80% |
| Net Assets | $138K |
| Transparency Score | 85/100 |
Is Theatre B Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Theatre B directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Theatre B
Theatre B (EIN: 200204648) is a nonprofit organization based in Moorhead, MN, classified under NTEE code A65. The organization reported total revenue of $190K and total assets of $74K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Theatre B's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Theatre B is a small nonprofit that has been operating for 22 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 7.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $231K |
| Total Expenses | $269K |
| Surplus / Deficit | $-37,880 |
| Total Assets | $139K |
| Total Liabilities | $932 |
| Net Assets | $138K |
| Operating Margin | -16.4% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 6.2 months |
Financial Health Grade: B
In 2024, Theatre B reported a deficit of $38K with expenses exceeding revenue, holds 6.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Theatre B's revenue has grown at a compound annual growth rate (CAGR) of 7.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -1.1% | +9.0% | -25.6% |
| 2023 | -15.2% | +12.9% | -8.7% |
| 2022 | +38.4% | +61.3% | +44.1% |
| 2021 | -5.9% | -27.1% | +52.6% |
| 2020 | +6.9% | -16.2% | +24.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Theatre B with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Theatre B allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $38K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.7%.
Executive Compensation Analysis
Theatre B consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly favorable for a nonprofit of its size and suggests resources are directly allocated 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 Theatre B's IRS 990 filings:
- Recent deficits where expenses exceeded revenue in 202407 ($268,681 expenses vs. $230,801 revenue) and 202307 ($246,607 expenses vs. $233,402 revenue).
Strengths
The following positive indicators were identified for Theatre B:
- Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds.
- Strong history of IRS 990 filings (14 filings), demonstrating transparency.
- Overall asset growth from $74,116 in 201907 to $138,879 in 202407, indicating financial development.
- Generally low liabilities in most periods, suggesting prudent financial management.
Frequently Asked Questions about Theatre B
Is Theatre B a legitimate charity?
Based on AI analysis of IRS 990 filings, Theatre B (EIN: 200204648) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Theatre B spend its money?
Theatre B directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Theatre B tax-deductible?
Theatre B is registered as a tax-exempt nonprofit (EIN: 200204648). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Theatre B's spending goes to programs?
Theatre B directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Theatre B compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Theatre B is above average for NTEE category A65 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Theatre B located?
Theatre B is headquartered in Moorhead, Minnesota and files with the IRS under EIN 200204648. It is classified under NTEE code A65.
How many years of IRS 990 filings does Theatre B have?
Theatre B 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 $190K in total revenue.
Is Theatre B financially stable?
Theatre B shows mixed financial stability. While it has experienced periods of surplus (e.g., 202207 with $275,276 revenue vs. $218,438 expenses) and consistent asset growth (from $74,116 in 201907 to $138,879 in 202407), it has also faced recent deficits, with expenses exceeding revenue in 202407 ($268,681 vs. $230,801) and 202307 ($246,607 vs. $233,402).
How does Theatre B manage executive compensation?
Theatre B reports 0% officer compensation in all available IRS 990 filings, indicating that no salaries are paid to its officers. This is a strong positive for resource allocation.
What is Theatre B's trend in assets and liabilities?
Theatre B's assets have generally grown over time, from $74,116 in 201907 to $138,879 in 202407. Liabilities have mostly remained low, though there was a notable increase in 202407 to $932 after being minimal in previous years.
Has Theatre B consistently filed its IRS 990s?
Yes, Theatre B has a strong filing history with 14 IRS 990 filings, demonstrating consistent transparency and compliance.
Filing History
IRS 990 filing history for Theatre B showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Theatre B's revenue has grown by 153.7%, moving from $91K to $231K. Total assets increased by 467.2% over the same period, from $24K to $139K. Total functional expenses rose by 164.6%, from $102K to $269K. In its most recent filing year (2024), Theatre B reported a deficit of $38K, with expenses exceeding revenue. The organization holds $932 in liabilities against $139K in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $138K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $231K | $269K | $139K | $932 | — | — |
| 2023 | $233K | $247K | $187K | $11K | — | View 990 |
| 2022 | $275K | $218K | $205K | $16K | — | View 990 |
| 2021 | $199K | $135K | $142K | $4K | — | View 990 |
| 2020 | $211K | $186K | $93K | $19K | — | View 990 |
| 2019 | $198K | $222K | $75K | $27K | — | View 990 |
| 2018 | $165K | $175K | $81K | $9K | — | View 990 |
| 2017 | $175K | $146K | $92K | $10K | — | View 990 |
| 2016 | $187K | $209K | $90K | $38K | — | View 990 |
| 2015 | $226K | $181K | $129K | $54K | — | View 990 |
| 2014 | $141K | $145K | $46K | $16K | — | View 990 |
| 2013 | $141K | $145K | $46K | $16K | — | — |
| 2012 | $120K | $102K | $36K | $7K | — | View 990 |
| 2011 | $91K | $102K | $24K | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $231K, expenses of $269K, and assets of $139K (revenue -1.1% year-over-year).
- 2023: Revenue of $233K, expenses of $247K, and assets of $187K (revenue -15.2% year-over-year).
- 2022: Revenue of $275K, expenses of $218K, and assets of $205K (revenue +38.4% year-over-year).
- 2021: Revenue of $199K, expenses of $135K, and assets of $142K (revenue -5.9% year-over-year).
- 2020: Revenue of $211K, expenses of $186K, and assets of $93K (revenue +6.9% year-over-year).
- 2019: Revenue of $198K, expenses of $222K, and assets of $75K (revenue +19.6% year-over-year).
- 2018: Revenue of $165K, expenses of $175K, and assets of $81K (revenue -5.5% year-over-year).
- 2017: Revenue of $175K, expenses of $146K, and assets of $92K (revenue -6.3% year-over-year).
- 2016: Revenue of $187K, expenses of $209K, and assets of $90K (revenue -17.3% year-over-year).
- 2015: Revenue of $226K, expenses of $181K, and assets of $129K (revenue +59.6% year-over-year).
- 2014: Revenue of $141K, expenses of $145K, and assets of $46K (revenue +0.0% year-over-year).
- 2013: Revenue of $141K, expenses of $145K, and assets of $46K (revenue +17.8% year-over-year).
- 2012: Revenue of $120K, expenses of $102K, and assets of $36K (revenue +32.0% year-over-year).
- 2011: Revenue of $91K, expenses of $102K, and assets of $24K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Theatre B:
Data Sources and Methodology
This transparency report for Theatre B 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.