University Resident Theatre Association Inc
University Resident Theatre Association shows strong revenue growth and zero officer compensation, with recent slight deficit.
EIN: 132958227 · New York, NY · NTEE: A030 · Updated: 2026-03-28
Is University Resident Theatre Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
University Resident Theatre Association Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About University Resident Theatre Association Inc
University Resident Theatre Association Inc (EIN: 132958227) is a nonprofit organization based in New York, NY, classified under NTEE code A030. The organization reported total revenue of $4.8M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of University Resident Theatre Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
University Resident Theatre Association Inc is a mid-size nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.5M |
| Total Expenses | $4.6M |
| Surplus / Deficit | $-128,522 |
| Total Assets | $1.3M |
| Total Liabilities | $640K |
| Net Assets | $665K |
| Operating Margin | -2.9% |
| Debt-to-Asset Ratio | 49.0% |
| Months of Reserves | 3.4 months |
Financial Health Grade: B
In 2023, University Resident Theatre Association Inc reported a deficit of $129K with expenses exceeding revenue, holds 3.4 months of operating reserves (adequate), has a debt-to-asset ratio of 49.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), University Resident Theatre Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +37.2% | +54.6% | -4.4% |
| 2022 | +128.1% | +107.4% | +38.1% |
| 2021 | +151.9% | +58.1% | +8.0% |
| 2020 | -66.7% | -38.0% | -40.7% |
| 2019 | -52.0% | -58.5% | +35.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| 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 University Resident Theatre Association Inc 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, University Resident Theatre Association Inc 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 deficit of $129K, with expenses exceeding revenue.
- Debt-to-asset ratio: 49.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation from the organization, which is highly unusual for an organization with revenues exceeding $4 million.
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 University Resident Theatre Association Inc's IRS 990 filings:
- Slight operating deficit in 2023 ($4,501,246 revenue vs. $4,629,768 expenses)
Strengths
The following positive indicators were identified for University Resident Theatre Association Inc:
- Consistent 0% officer compensation across all filings
- Significant revenue growth in recent years (e.g., from $1.4M in 2021 to $4.5M in 2023)
- Healthy asset base of $1,305,183 in 2023
- Strong program focus implied by zero executive compensation
Frequently Asked Questions about University Resident Theatre Association Inc
Is University Resident Theatre Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, University Resident Theatre Association Inc (EIN: 132958227) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does University Resident Theatre Association Inc spend its money?
University Resident Theatre Association Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to University Resident Theatre Association Inc tax-deductible?
University Resident Theatre Association Inc is registered as a tax-exempt nonprofit (EIN: 132958227). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is University Resident Theatre Association Inc. financially stable?
Yes, despite a slight deficit in 2023, URTA's assets have grown to $1,305,183, and it has a history of strong revenue generation, indicating overall financial stability.
How does URTA manage executive compensation?
URTA consistently reports 0% officer compensation, meaning no officers receive salaries from the organization, which is a highly efficient use of funds.
What is the trend in URTA's revenue?
URTA's revenue has shown significant growth, particularly from $1,438,633 in 2021 to $4,501,246 in 2023, indicating increasing activity and support.
Filing History
IRS 990 filing history for University Resident Theatre Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), University Resident Theatre Association Inc's revenue has grown by 191.3%, moving from $1.5M to $4.5M. Total assets increased by 128.7% over the same period, from $571K to $1.3M. Total functional expenses rose by 228.9%, from $1.4M to $4.6M. In its most recent filing year (2023), University Resident Theatre Association Inc reported a deficit of $129K, with expenses exceeding revenue. The organization holds $640K in liabilities against $1.3M in assets (debt-to-asset ratio: 49.0%), resulting in net assets of $665K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.5M | $4.6M | $1.3M | $640K | — | View 990 |
| 2022 | $3.3M | $3.0M | $1.4M | $371K | — | View 990 |
| 2021 | $1.4M | $1.4M | $988K | $240K | — | View 990 |
| 2020 | $571K | $913K | $915K | $213K | — | View 990 |
| 2019 | $1.7M | $1.5M | $1.5M | $486K | — | View 990 |
| 2018 | $3.6M | $3.6M | $1.1M | $323K | — | View 990 |
| 2017 | $2.7M | $2.3M | $852K | $41K | — | View 990 |
| 2016 | $2.0M | $2.0M | $769K | $355K | — | View 990 |
| 2015 | $636K | $540K | $767K | $296K | — | View 990 |
| 2014 | $1.8M | $1.7M | $704K | $97K | — | View 990 |
| 2013 | $1.6M | $1.6M | $581K | $100K | — | View 990 |
| 2012 | $1.4M | $1.4M | $660K | $118K | — | View 990 |
| 2011 | $1.5M | $1.4M | $571K | $70K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.5M, expenses of $4.6M, and assets of $1.3M (revenue +37.2% year-over-year).
- 2022: Revenue of $3.3M, expenses of $3.0M, and assets of $1.4M (revenue +128.1% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.4M, and assets of $988K (revenue +151.9% year-over-year).
- 2020: Revenue of $571K, expenses of $913K, and assets of $915K (revenue -66.7% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.5M, and assets of $1.5M (revenue -52.0% year-over-year).
- 2018: Revenue of $3.6M, expenses of $3.6M, and assets of $1.1M (revenue +30.2% year-over-year).
- 2017: Revenue of $2.7M, expenses of $2.3M, and assets of $852K (revenue +38.6% year-over-year).
- 2016: Revenue of $2.0M, expenses of $2.0M, and assets of $769K (revenue +211.7% year-over-year).
- 2015: Revenue of $636K, expenses of $540K, and assets of $767K (revenue -64.6% year-over-year).
- 2014: Revenue of $1.8M, expenses of $1.7M, and assets of $704K (revenue +15.8% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.6M, and assets of $581K (revenue +8.4% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.4M, and assets of $660K (revenue -7.3% year-over-year).
- 2011: Revenue of $1.5M, expenses of $1.4M, and assets of $571K.
Data Sources and Methodology
This transparency report for University Resident Theatre Association 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.