Theatre Nova
EIN: 471762735 · Ann Arbor, MI · NTEE: A60
| Metric | Value |
|---|---|
| Total Revenue | $255K |
| Total Expenses | $271K |
| Net Assets | $29K |
Is Theatre Nova Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Theatre Nova
Theatre Nova (EIN: 471762735) is a nonprofit organization based in Ann Arbor, MI, classified under NTEE code A60. The organization reported total revenue of $255K and total assets of $19K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Theatre Nova's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Theatre Nova is a small nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 39.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $266K |
| Total Expenses | $271K |
| Surplus / Deficit | $-4,993 |
| Total Assets | $39K |
| Total Liabilities | $10K |
| Net Assets | $29K |
| Operating Margin | -1.9% |
| Debt-to-Asset Ratio | 24.6% |
| Months of Reserves | 1.7 months |
Financial Health Grade: C
In 2023, Theatre Nova reported a deficit of $5K with expenses exceeding revenue, holds 1.7 months of operating reserves (limited), has a debt-to-asset ratio of 24.6% (moderate leverage).
Financial Trends
Over 10 years of filings (2014–2023), Theatre Nova's revenue has grown at a compound annual growth rate (CAGR) of 39.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +47.2% | +0.3% | -8.8% |
| 2022 | -12.8% | +81.9% | -68.5% |
| 2021 | +53.0% | +41.6% | +77.5% |
| 2020 | -35.8% | -48.7% | +51.7% |
| 2019 | +18.5% | +22.1% | +18.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Theatre Nova 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 Theatre Nova 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 $5K, with expenses exceeding revenue.
- Debt-to-asset ratio: 24.6%.
Frequently Asked Questions about Theatre Nova
Is Theatre Nova a legitimate charity?
Based on AI analysis of IRS 990 filings, Theatre Nova (EIN: 471762735) insufficient data. 0 red flags identified, 0 strengths noted.
How does Theatre Nova spend its money?
Detailed spending breakdown data is not yet available for Theatre Nova. Check back for updated IRS 990 analysis.
Are donations to Theatre Nova tax-deductible?
Theatre Nova is registered as a tax-exempt nonprofit (EIN: 471762735). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Theatre Nova located?
Theatre Nova is headquartered in Ann Arbor, Michigan and files with the IRS under EIN 471762735. It is classified under NTEE code A60.
How many years of IRS 990 filings does Theatre Nova have?
Theatre Nova has 10 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 $255K in total revenue.
Filing History
IRS 990 filing history for Theatre Nova showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Theatre Nova's revenue has grown by 1877.9%, moving from $13K to $266K. Total assets increased by 46.4% over the same period, from $26K to $39K. Total functional expenses rose by 11663.3%, from $2K to $271K. In its most recent filing year (2023), Theatre Nova reported a deficit of $5K, with expenses exceeding revenue. The organization holds $10K in liabilities against $39K in assets (debt-to-asset ratio: 24.6%), resulting in net assets of $29K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $266K | $271K | $39K | $10K | — | — |
| 2022 | $181K | $270K | $42K | $7K | — | — |
| 2021 | $207K | $149K | $134K | $9K | — | View 990 |
| 2020 | $136K | $105K | $76K | $9K | — | View 990 |
| 2019 | $211K | $205K | $50K | $14K | — | View 990 |
| 2018 | $178K | $168K | $42K | $11K | — | View 990 |
| 2017 | $132K | $148K | $27K | $5K | — | View 990 |
| 2016 | $115K | $108K | $36K | $2K | — | View 990 |
| 2015 | $113K | $93K | $31K | $0 | — | — |
| 2014 | $13K | $2K | $26K | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $266K, expenses of $271K, and assets of $39K (revenue +47.2% year-over-year).
- 2022: Revenue of $181K, expenses of $270K, and assets of $42K (revenue -12.8% year-over-year).
- 2021: Revenue of $207K, expenses of $149K, and assets of $134K (revenue +53.0% year-over-year).
- 2020: Revenue of $136K, expenses of $105K, and assets of $76K (revenue -35.8% year-over-year).
- 2019: Revenue of $211K, expenses of $205K, and assets of $50K (revenue +18.5% year-over-year).
- 2018: Revenue of $178K, expenses of $168K, and assets of $42K (revenue +35.6% year-over-year).
- 2017: Revenue of $132K, expenses of $148K, and assets of $27K (revenue +13.9% year-over-year).
- 2016: Revenue of $115K, expenses of $108K, and assets of $36K (revenue +2.4% year-over-year).
- 2015: Revenue of $113K, expenses of $93K, and assets of $31K (revenue +737.6% year-over-year).
- 2014: Revenue of $13K, expenses of $2K, and assets of $26K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Theatre Nova:
Data Sources and Methodology
This transparency report for Theatre Nova 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.