Theatre South Playhouse Inc
EIN: 814895106 · Orlando, FL · NTEE: A65
| Metric | Value |
|---|---|
| Total Revenue | $669K |
| Total Expenses | $602K |
| Net Assets | $71K |
Is Theatre South Playhouse Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Theatre South Playhouse Inc
Theatre South Playhouse Inc (EIN: 814895106) is a nonprofit organization based in Orlando, FL, classified under NTEE code A65. The organization reported total revenue of $669K and total assets of $273K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Theatre South Playhouse Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Theatre South Playhouse Inc is a small nonprofit that has been operating for 9 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 6.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $528K |
| Total Expenses | $602K |
| Surplus / Deficit | $-74,116 |
| Total Assets | $235K |
| Total Liabilities | $164K |
| Net Assets | $71K |
| Operating Margin | -14.0% |
| Debt-to-Asset Ratio | 69.8% |
| Months of Reserves | 4.7 months |
Financial Health Grade: C
In 2023, Theatre South Playhouse Inc reported a deficit of $74K with expenses exceeding revenue, holds 4.7 months of operating reserves (adequate), has a debt-to-asset ratio of 69.8% (high leverage).
Financial Trends
Over 7 years of filings (2017–2023), Theatre South Playhouse Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.6% | +15.7% | -23.6% |
| 2022 | -24.7% | +6.6% | -19.3% |
| 2021 | +119.7% | +35.5% | +57.7% |
| 2020 | -30.3% | -16.2% | +191.1% |
| 2019 | +9.3% | +12.4% | +5.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Theatre South Playhouse 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 Theatre South Playhouse 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 $74K, with expenses exceeding revenue.
- Debt-to-asset ratio: 69.8%.
Frequently Asked Questions about Theatre South Playhouse Inc
Is Theatre South Playhouse Inc a legitimate charity?
Theatre South Playhouse Inc (EIN: 814895106) is a registered tax-exempt nonprofit based in Florida. It has 7 years of IRS 990 filings on record. Total revenue: $669K. No red flags identified. Financial health grade: C.
How does Theatre South Playhouse Inc spend its money?
Theatre South Playhouse Inc reported $669K in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Theatre South Playhouse Inc tax-deductible?
Theatre South Playhouse Inc is registered as a tax-exempt nonprofit (EIN: 814895106). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Theatre South Playhouse Inc located?
Theatre South Playhouse Inc is headquartered in Orlando, Florida and files with the IRS under EIN 814895106. It is classified under NTEE code A65.
How many years of IRS 990 filings does Theatre South Playhouse Inc have?
Theatre South Playhouse Inc has 7 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 $669K in total revenue.
Filing History
IRS 990 filing history for Theatre South Playhouse Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Theatre South Playhouse Inc's revenue has grown by 44.8%, moving from $364K to $528K. Total assets increased by 265.7% over the same period, from $64K to $235K. Total functional expenses rose by 100.4%, from $300K to $602K. In its most recent filing year (2023), Theatre South Playhouse Inc reported a deficit of $74K, with expenses exceeding revenue. The organization holds $164K in liabilities against $235K in assets (debt-to-asset ratio: 69.8%), resulting in net assets of $71K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $528K | $602K | $235K | $164K | — | View 990 |
| 2022 | $500K | $520K | $307K | $162K | — | — |
| 2021 | $664K | $488K | $380K | $178K | — | View 990 |
| 2020 | $302K | $360K | $241K | $216K | — | View 990 |
| 2019 | $434K | $430K | $83K | $0 | — | View 990 |
| 2018 | $397K | $382K | $79K | $0 | — | View 990 |
| 2017 | $364K | $300K | $64K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $528K, expenses of $602K, and assets of $235K (revenue +5.6% year-over-year).
- 2022: Revenue of $500K, expenses of $520K, and assets of $307K (revenue -24.7% year-over-year).
- 2021: Revenue of $664K, expenses of $488K, and assets of $380K (revenue +119.7% year-over-year).
- 2020: Revenue of $302K, expenses of $360K, and assets of $241K (revenue -30.3% year-over-year).
- 2019: Revenue of $434K, expenses of $430K, and assets of $83K (revenue +9.3% year-over-year).
- 2018: Revenue of $397K, expenses of $382K, and assets of $79K (revenue +8.9% year-over-year).
- 2017: Revenue of $364K, expenses of $300K, and assets of $64K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Theatre South Playhouse Inc:
Data Sources and Methodology
This transparency report for Theatre South Playhouse 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.