Tulsa Repertory Musicals Inc

Tulsa Repertory Musicals Inc. operates with fluctuating revenues and no executive compensation, maintaining a small asset base.

EIN: 204817959 · Tulsa, OK · NTEE: A65 · Updated: 2026-03-28

$2KRevenue
$3KAssets
85/100Mission Score (Excellent)
A65
Tulsa Repertory Musicals Inc Financial Summary
MetricValue
Total Revenue$2K
Total Expenses$29K
Program Spending90%
Net Assets$4K
Transparency Score85/100

Is Tulsa Repertory Musicals Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Tulsa Repertory Musicals Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Tulsa Repertory Musicals Inc

Tulsa Repertory Musicals Inc (EIN: 204817959) is a nonprofit organization based in Tulsa, OK, classified under NTEE code A65. The organization reported total revenue of $2K and total assets of $3K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tulsa Repertory Musicals Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
MicroSize Classification
13Years of Filings
MixedRevenue Trajectory

Tulsa Repertory Musicals Inc is a micro nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.9%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$29K
Total Expenses$29K
Surplus / Deficit$-519
Total Assets$4K
Net Assets$4K
Operating Margin-1.8%
Months of Reserves1.5 months

Financial Health Grade: C

In 2023, Tulsa Repertory Musicals Inc reported a deficit of $519 with expenses exceeding revenue, holds 1.5 months of operating reserves (limited).

Financial Trends

Over 13 years of filings (2011–2023), Tulsa Repertory Musicals Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.9%.

YearRevenue ChangeExpense ChangeAsset Change
2023+204.4%+179.4%-48.3%
2022-20.4%+19.4%-13.0%
2021+75.7%+197.5%+63.8%
2020+1112.5%+77.7%+365.1%
2019-92.3%-73.5%-51.4%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Tulsa Repertory Musicals Inc. demonstrates a consistent commitment to its mission, as evidenced by its program spending. In the most recent filing (202312), the organization reported $28,907 in revenue against $29,426 in expenses, indicating a slight operational deficit for the year. However, its assets have grown to $3,594 with no reported liabilities, suggesting a stable, albeit small, financial foundation. The organization's financial health appears to be on a small scale, with revenues fluctuating significantly year-over-year, from a low of $560 in 201912 to a high of $46,440 in 201612. Spending efficiency is generally strong, with a high proportion of expenses directed towards program services. The absence of officer compensation across all reported filings is a significant positive indicator of efficiency and a volunteer-driven model. While the organization operates with modest revenues and assets, its consistent filing history and zero liabilities in the latest period reflect a degree of financial prudence. Transparency is excellent, with 13 filings available and clear reporting of zero officer compensation. The organization's small size and volunteer-led structure likely contribute to its lean administrative overhead. However, the fluctuating revenue streams suggest potential challenges in long-term financial planning and sustainability without more consistent funding.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Tulsa Repertory Musicals Inc 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: 10%
  • programs: 90%
  • fundraising: 0%

According to IRS 990 filings, Tulsa Repertory Musicals Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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:

$29KTotal Revenue
$29KTotal Expenses
$4KTotal Assets
$4KNet Assets
  • The organization reported a deficit of $519, with expenses exceeding revenue.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led organization with no paid officers, which is highly commendable for an organization of its 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 Tulsa Repertory Musicals Inc's IRS 990 filings:

  • Highly fluctuating annual revenues, indicating potential instability in funding sources.
  • Small asset base relative to historical expenses, limiting financial reserves.

Strengths

The following positive indicators were identified for Tulsa Repertory Musicals Inc:

  • Zero officer compensation across all filings, indicating a volunteer-driven model and high efficiency.
  • No liabilities reported in the most recent filing (202312), showing good financial management.
  • Consistent filing history (13 filings), demonstrating transparency and compliance.
  • High proportion of spending directed towards program services.

Frequently Asked Questions about Tulsa Repertory Musicals Inc

Is Tulsa Repertory Musicals Inc a legitimate charity?

Tulsa Repertory Musicals Inc (EIN: 204817959) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $2K. 2 red flags identified. 4 strengths noted. Financial health grade: C.

How does Tulsa Repertory Musicals Inc spend its money?

Tulsa Repertory Musicals Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Tulsa Repertory Musicals Inc tax-deductible?

Tulsa Repertory Musicals Inc is registered as a tax-exempt nonprofit (EIN: 204817959). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Tulsa Repertory Musicals Inc compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Tulsa Repertory Musicals Inc 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 Tulsa Repertory Musicals Inc located?

Tulsa Repertory Musicals Inc is headquartered in Tulsa, Oklahoma and files with the IRS under EIN 204817959. It is classified under NTEE code A65.

How many years of IRS 990 filings does Tulsa Repertory Musicals Inc have?

Tulsa Repertory Musicals Inc has 13 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 $2K in total revenue.

Is Tulsa Repertory Musicals Inc. a good charity?

Based on the available data, Tulsa Repertory Musicals Inc. appears to be a good charity, especially considering its volunteer-led structure (0% officer compensation) and high program spending. Its financial scale is small, but it manages its resources effectively.

How does the organization fund its operations?

The organization's revenue streams fluctuate significantly, suggesting reliance on varied sources such as donations, grants, and potentially ticket sales or event income, given its mission. For example, revenue was $46,440 in 201612 but only $560 in 201912.

What is the long-term financial stability of the organization?

While the organization has zero liabilities in its latest filing (202312) and a small asset base ($3,594), its highly variable revenue year-to-year (e.g., $28,907 in 202312 vs. $9,496 in 202212) suggests potential challenges in long-term financial planning and sustainability without more consistent funding.

Filing History

IRS 990 filing history for Tulsa Repertory Musicals Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Tulsa Repertory Musicals Inc's revenue has grown by 76.8%, moving from $16K to $29K. Total assets decreased by 42.6% over the same period, from $6K to $4K. Total functional expenses rose by 166.5%, from $11K to $29K. In its most recent filing year (2023), Tulsa Repertory Musicals Inc reported a deficit of $519, with expenses exceeding revenue.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $29K $29K $4K $0
2022 $9K $11K $7K $3K View 990
2021 $12K $9K $8K $3K
2020 $7K $3K $5K $3K
2019 $560 $2K $1K $3K View 990
2018 $7K $6K $2K $3K View 990
2017 $21K $28K $1K $3K View 990
2016 $46K $41K $9K $3K View 990
2015 $28K $28K $3K $3K View 990
2014 $14K $14K $4K $3K View 990
2013 $10K $7K $4K $3K View 990
2012 $28K $33K $1K $3K View 990
2011 $16K $11K $6K $3K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $29K, expenses of $29K, and assets of $4K (revenue +204.4% year-over-year).
  • 2022: Revenue of $9K, expenses of $11K, and assets of $7K (revenue -20.4% year-over-year).
  • 2021: Revenue of $12K, expenses of $9K, and assets of $8K (revenue +75.7% year-over-year).
  • 2020: Revenue of $7K, expenses of $3K, and assets of $5K (revenue +1112.5% year-over-year).
  • 2019: Revenue of $560, expenses of $2K, and assets of $1K (revenue -92.3% year-over-year).
  • 2018: Revenue of $7K, expenses of $6K, and assets of $2K (revenue -64.8% year-over-year).
  • 2017: Revenue of $21K, expenses of $28K, and assets of $1K (revenue -55.3% year-over-year).
  • 2016: Revenue of $46K, expenses of $41K, and assets of $9K (revenue +67.7% year-over-year).
  • 2015: Revenue of $28K, expenses of $28K, and assets of $3K (revenue +104.2% year-over-year).
  • 2014: Revenue of $14K, expenses of $14K, and assets of $4K (revenue +37.0% year-over-year).
  • 2013: Revenue of $10K, expenses of $7K, and assets of $4K (revenue -65.2% year-over-year).
  • 2012: Revenue of $28K, expenses of $33K, and assets of $1K (revenue +74.1% year-over-year).
  • 2011: Revenue of $16K, expenses of $11K, and assets of $6K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Tulsa Repertory Musicals Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Tulsa Repertory Musicals 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.

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