Theatre Up
Theatre Up shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 20359613 · Littleton, NH · NTEE: A65 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $306K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1.4 |
| Net Assets | $568K |
| Transparency Score | 92/100 |
Is Theatre Up Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Theatre Up directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Theatre Up
Theatre Up (EIN: 20359613) is a nonprofit organization based in Littleton, NH, classified under NTEE code A65. The organization reported total revenue of $1.4M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Theatre Up's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Theatre Up is a mid-size nonprofit that has been operating for 17 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 36.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $312K |
| Total Expenses | $306K |
| Surplus / Deficit | +$6K |
| Total Assets | $574K |
| Total Liabilities | $6K |
| Net Assets | $568K |
| Operating Margin | 1.9% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 22.5 months |
Financial Health Grade: A
In 2023, Theatre Up reported a surplus of $6K with revenue exceeding expenses, holds 22.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), Theatre Up's revenue has grown at a compound annual growth rate (CAGR) of 36.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -44.6% | +61.0% | +1.8% |
| 2022 | +165.1% | +4.1% | +284.1% |
| 2021 | +35.7% | +61.9% | +34.3% |
| 2020 | +21.8% | +7.2% | +88.3% |
| 2019 | +94.0% | +401.1% | +73.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 Up with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Theatre Up allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.0%.
Executive Compensation Analysis
Theatre Up reports 0% officer compensation across all six available filings, indicating that no salaries were paid to officers, which is highly unusual and suggests a volunteer-led or very lean executive structure for an organization with over $1.4 million in latest reported revenue.
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 Up's IRS 990 filings:
- Unusually low liabilities relative to assets, which could indicate underreporting or a very conservative financial approach.
- 0% officer compensation for an organization with growing revenue and assets, which is atypical and might warrant further inquiry into how leadership is compensated or sustained.
Strengths
The following positive indicators were identified for Theatre Up:
- Consistent and significant revenue growth from $66,175 in 2018 to $311,687 in 2023.
- Strong asset accumulation, growing from $33,374 to $573,658 over five years.
- Very low liabilities relative to assets, indicating strong financial health and low debt.
- Expenses consistently below revenue, demonstrating efficient financial management.
- 0% officer compensation reported, suggesting a high dedication of funds to programmatic activities.
Frequently Asked Questions about Theatre Up
Is Theatre Up a legitimate charity?
Based on AI analysis of IRS 990 filings, Theatre Up (EIN: 20359613) some concerns. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.
How does Theatre Up spend its money?
Theatre Up directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Theatre Up tax-deductible?
Theatre Up is registered as a tax-exempt nonprofit (EIN: 20359613). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Theatre Up CEO make?
Theatre Up's highest-compensated officer earns $1.4 annually. The organization reported $1.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Theatre Up's spending goes to programs?
Theatre Up directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Theatre Up compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Theatre Up 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 Up located?
Theatre Up is headquartered in Littleton, New Hampshire and files with the IRS under EIN 20359613. It is classified under NTEE code A65.
How many years of IRS 990 filings does Theatre Up have?
Theatre Up has 6 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 $1.4M in total revenue.
How has Theatre Up managed to grow its assets from $33,374 to $573,658 in five years?
Theatre Up has consistently generated more revenue than expenses, allowing for the accumulation of assets. For example, in 2022, revenue was $562,742 while expenses were $189,812, resulting in a significant surplus that contributed to asset growth.
What is the reason for 0% officer compensation across all filings?
The filings consistently show 0% officer compensation, which suggests that the organization's leadership may be entirely volunteer-based or that compensation is structured in a way not reported as officer compensation on the 990, though the latter is less likely given the consistent reporting.
Is Theatre Up financially stable given its growth?
Yes, Theatre Up appears financially stable. Its assets ($573,658 in 2023) significantly outweigh its liabilities ($5,642 in 2023), and it has a history of generating more revenue than expenses, indicating a healthy financial position.
Filing History
IRS 990 filing history for Theatre Up showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Theatre Up's revenue has grown by 371%, moving from $66K to $312K. Total assets increased by 1618.9% over the same period, from $33K to $574K. Total functional expenses rose by 1358.8%, from $21K to $306K. In its most recent filing year (2023), Theatre Up reported a surplus of $6K, with revenue exceeding expenses. The organization holds $6K in liabilities against $574K in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $568K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $312K | $306K | $574K | $6K | — | View 990 |
| 2022 | $563K | $190K | $564K | $2K | — | View 990 |
| 2021 | $212K | $182K | $147K | $16K | — | View 990 |
| 2020 | $156K | $113K | $109K | $9K | — | View 990 |
| 2019 | $128K | $105K | $58K | $1K | — | View 990 |
| 2018 | $66K | $21K | $33K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $312K, expenses of $306K, and assets of $574K (revenue -44.6% year-over-year).
- 2022: Revenue of $563K, expenses of $190K, and assets of $564K (revenue +165.1% year-over-year).
- 2021: Revenue of $212K, expenses of $182K, and assets of $147K (revenue +35.7% year-over-year).
- 2020: Revenue of $156K, expenses of $113K, and assets of $109K (revenue +21.8% year-over-year).
- 2019: Revenue of $128K, expenses of $105K, and assets of $58K (revenue +94.0% year-over-year).
- 2018: Revenue of $66K, expenses of $21K, and assets of $33K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Theatre Up:
Data Sources and Methodology
This transparency report for Theatre Up 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.