Theatre Guild Of Simsbury Ltd
Theatre Guild Of Simsbury: Small Scale, Inconsistent Financials
EIN: 222978126 · Simsbury, CT · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $89K |
| Total Expenses | $91K |
| Program Spending | 70% |
| Net Assets | $47K |
| Transparency Score | 65/100 |
Is Theatre Guild Of Simsbury Ltd Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Theatre Guild Of Simsbury Ltd directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Theatre Guild Of Simsbury Ltd
Theatre Guild Of Simsbury Ltd (EIN: 222978126) is a nonprofit organization based in Simsbury, CT. The organization reported total revenue of $89K and total assets of $22K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Theatre Guild Of Simsbury Ltd's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Theatre Guild Of Simsbury Ltd is a micro nonprofit that has been operating for 32 years, with 14 years of IRS 990 filings on record (2012–2024).
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $83K |
| Total Expenses | $91K |
| Surplus / Deficit | $-7,737 |
| Total Assets | $47K |
| Net Assets | $47K |
| Operating Margin | -9.3% |
| Months of Reserves | 6.2 months |
Financial Health Grade: B
In 2024, Theatre Guild Of Simsbury Ltd reported a deficit of $8K with expenses exceeding revenue, holds 6.2 months of operating reserves (strong position).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -19.4% | -20.2% | -14.7% |
| 2023 | +186.1% | +165.0% | -16.3% |
| 2022 | +43.6% | +160.4% | -9.5% |
| 2021 | -63.9% | -66.0% | +13.4% |
| 2020 | +46.0% | -7.5% | +31.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 Guild Of Simsbury Ltd with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Theatre Guild Of Simsbury Ltd allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is not reported in the provided data, suggesting it is below IRS reporting thresholds or non-existent, which is typical for an organization of this size.
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 Guild Of Simsbury Ltd's IRS 990 filings:
- Inconsistent revenue and expenses over the past several years, with significant fluctuations (e.g., revenue from $11,234 in 2017 to $103,452 in 2023, then down to $83,419 in 2024).
- Expenses frequently exceed revenue, leading to a decrease in assets over time (e.g., assets decreased from $73,143 in 2021 to $21,749 in 2024).
- Lack of clear information on program activities and impact beyond basic financial figures.
Strengths
The following positive indicators were identified for Theatre Guild Of Simsbury Ltd:
- Long-standing organization (data back to 2017) indicating community presence.
- Relatively low administrative and fundraising costs based on typical small non-profit operations.
- Zero reported lobbying expenses, indicating focus on mission rather than political influence.
Frequently Asked Questions about Theatre Guild Of Simsbury Ltd
Is Theatre Guild Of Simsbury Ltd a legitimate charity?
Theatre Guild Of Simsbury Ltd (EIN: 222978126) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 65/100. It has 14 years of IRS 990 filings on record. Total revenue: $89K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Theatre Guild Of Simsbury Ltd spend its money?
Theatre Guild Of Simsbury Ltd directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Theatre Guild Of Simsbury Ltd tax-deductible?
Theatre Guild Of Simsbury Ltd is registered as a tax-exempt nonprofit (EIN: 222978126). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Theatre Guild Of Simsbury Ltd's spending goes to programs?
Theatre Guild Of Simsbury Ltd directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Theatre Guild Of Simsbury Ltd located?
Theatre Guild Of Simsbury Ltd is headquartered in Simsbury, Connecticut and files with the IRS under EIN 222978126.
How many years of IRS 990 filings does Theatre Guild Of Simsbury Ltd have?
Theatre Guild Of Simsbury Ltd 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 $89K in total revenue.
What does Theatre Guild Of Simsbury Ltd do?
Theatre Guild Of Simsbury Ltd is a nonprofit organization in the Unknown sector, located in Simsbury, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Theatre Guild Of Simsbury Ltd have?
Theatre Guild Of Simsbury Ltd reported total revenue of $89,084. Based on 14 IRS 990 filings on record.
What are Theatre Guild Of Simsbury Ltd's total assets?
Theatre Guild Of Simsbury Ltd holds total assets of $21,749 as reported in IRS 990 filings.
Where is Theatre Guild Of Simsbury Ltd located?
Theatre Guild Of Simsbury Ltd is based in Simsbury, Connecticut.
What is Theatre Guild Of Simsbury Ltd's EIN?
Theatre Guild Of Simsbury Ltd's Employer Identification Number (EIN) is 222978126. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Theatre Guild Of Simsbury Ltd?
Theatre Guild Of Simsbury Ltd is classified under NTEE code Unknown (Unknown).
Is Theatre Guild Of Simsbury Ltd a registered 501(c)(3)?
Theatre Guild Of Simsbury Ltd appears in IRS records (EIN: 222978126). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Theatre Guild Of Simsbury Ltd file IRS Form 990?
Yes, Theatre Guild Of Simsbury Ltd has 14 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Theatre Guild Of Simsbury Ltd's revenue in 2024?
In the 202406 filing period, Theatre Guild Of Simsbury Ltd reported total revenue of $83,419, total expenses of $91,156, and net assets of $47,308.
Is Theatre Guild Of Simsbury Ltd's revenue growing or declining?
Theatre Guild Of Simsbury Ltd's revenue is declining. Revenue went from $103,452 (202306) to $83,419 (202406), a -19.4% change. Based on 14 filings on record.
What is Theatre Guild Of Simsbury Ltd's most recent 990 filing?
The most recent IRS Form 990 filing for Theatre Guild Of Simsbury Ltd covers tax period 202406. It shows revenue of $83,419, expenses of $91,156, total assets of $47,308, and liabilities of N/A.
How much does Theatre Guild Of Simsbury Ltd spend on programs vs administration?
Based on IRS 990 analysis, Theatre Guild Of Simsbury Ltd allocates approximately 70% of expenses to program services, 20% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Theatre Guild Of Simsbury Ltd a trustworthy charity?
Based on AI analysis of IRS 990 data, Theatre Guild Of Simsbury Ltd shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Theatre Guild Of Simsbury Ltd?
The following concerns were identified: Inconsistent revenue and expenses over the past several years, with significant fluctuations (e.g., revenue from $11,234 in 2017 to $103,452 in 2023, then down to $83,419 in 2024).. Expenses frequently exceed revenue, leading to a decrease in assets over time (e.g., assets decreased from $73,143 in 2021 to $21,749 in 2024).. Lack of clear information on program activities and impact beyond basic financial figures.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Theatre Guild Of Simsbury Ltd's strengths?
Positive indicators for Theatre Guild Of Simsbury Ltd include: Long-standing organization (data back to 2017) indicating community presence.. Relatively low administrative and fundraising costs based on typical small non-profit operations.. Zero reported lobbying expenses, indicating focus on mission rather than political influence.. These findings are derived from AI analysis of the organization's financial filings.
How does Theatre Guild Of Simsbury Ltd compensate executives?
Executive compensation is not reported in the provided data, suggesting it is below IRS reporting thresholds or non-existent, which is typical for an organization of this size. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the significant fluctuations in revenue and expenses, what is the primary funding model and how does the organization plan to stabilize its financial inflows?
Without further information, it's difficult to ascertain the primary funding model. The instability suggests reliance on variable sources like grants, individual donations, or event-based income, which can be unpredictable. A strategic plan for diversified and consistent funding would be crucial for stability.
With assets decreasing from $73,143 in 2021 to $21,749 in 2024, what specific measures are being taken to address the decline in financial reserves and ensure long-term solvency?
The consistent decline in assets indicates that expenses are regularly exceeding revenue. The organization needs to either significantly increase its fundraising efforts or critically review and reduce its operational expenses to rebuild its reserves and ensure its financial viability for future operations.
Filing History
IRS 990 filing history for Theatre Guild Of Simsbury Ltd showing financial trends over 14 years of public records:
Total assets increased by 1.1% over the same period, from $47K to $47K. In its most recent filing year (2024), Theatre Guild Of Simsbury Ltd reported a deficit of $8K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $83K | $91K | $47K | $0 | — | — |
| 2023 | $103K | $114K | $55K | $0 | — | View 990 |
| 2022 | $36K | $43K | $66K | $0 | — | View 990 |
| 2021 | $25K | $17K | $73K | $0 | — | View 990 |
| 2020 | $70K | $49K | $65K | $0 | — | View 990 |
| 2019 | $48K | $53K | $49K | $0 | — | View 990 |
| 2018 | $58K | $62K | $54K | $0 | — | View 990 |
| 2017 | $11K | $8K | $58K | $0 | — | View 990 |
| 2017 | $58K | $53K | $55K | $0 | — | View 990 |
| 2016 | $48K | $53K | $45K | $0 | — | View 990 |
| 2015 | $-8,699 | $600 | $50K | $0 | — | View 990 |
| 2014 | $-5,162 | $0 | $59K | $0 | — | View 990 |
| 2013 | $13K | $0 | $60K | $0 | — | View 990 |
| 2012 | $-5,050 | $0 | $47K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $83K, expenses of $91K, and assets of $47K (revenue -19.4% year-over-year).
- 2023: Revenue of $103K, expenses of $114K, and assets of $55K (revenue +186.1% year-over-year).
- 2022: Revenue of $36K, expenses of $43K, and assets of $66K (revenue +43.6% year-over-year).
- 2021: Revenue of $25K, expenses of $17K, and assets of $73K (revenue -63.9% year-over-year).
- 2020: Revenue of $70K, expenses of $49K, and assets of $65K (revenue +46.0% year-over-year).
- 2019: Revenue of $48K, expenses of $53K, and assets of $49K (revenue -17.0% year-over-year).
- 2018: Revenue of $58K, expenses of $62K, and assets of $54K (revenue +413.1% year-over-year).
- 2017: Revenue of $11K, expenses of $8K, and assets of $58K (revenue -80.7% year-over-year).
- 2017: Revenue of $58K, expenses of $53K, and assets of $55K (revenue +22.6% year-over-year).
- 2016: Revenue of $48K, expenses of $53K, and assets of $45K.
- 2015: Revenue of $-8,699, expenses of $600, and assets of $50K.
- 2014: Revenue of $-5,162, expenses of $0, and assets of $59K (revenue -139.9% year-over-year).
- 2013: Revenue of $13K, expenses of $0, and assets of $60K.
- 2012: Revenue of $-5,050, expenses of $0, and assets of $47K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Theatre Guild Of Simsbury Ltd:
Data Sources and Methodology
This transparency report for Theatre Guild Of Simsbury Ltd 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.