Vineyard Theatre And Workshop Center Inc
Vineyard Theatre shows consistent asset growth and no reported officer compensation, despite a recent operating deficit.
EIN: 132981292 · New York, NY · NTEE: A650 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.7M |
| Total Expenses | $4.6M |
| Program Spending | 80% |
| Net Assets | $2.8M |
| Transparency Score | 85/100 |
Is Vineyard Theatre And Workshop Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Vineyard Theatre And Workshop Center Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Vineyard Theatre And Workshop Center Inc
Vineyard Theatre And Workshop Center Inc (EIN: 132981292) is a nonprofit organization based in New York, NY, classified under NTEE code A650. The organization reported total revenue of $4.7M and total assets of $5.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vineyard Theatre And Workshop Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vineyard Theatre And Workshop Center Inc is a mid-size nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.9M |
| Total Expenses | $4.6M |
| Surplus / Deficit | $-659,638 |
| Total Assets | $3.4M |
| Total Liabilities | $620K |
| Net Assets | $2.8M |
| Operating Margin | -16.9% |
| Debt-to-Asset Ratio | 18.1% |
| Months of Reserves | 9.0 months |
Financial Health Grade: B
In 2023, Vineyard Theatre And Workshop Center Inc reported a deficit of $660K with expenses exceeding revenue, holds 9.0 months of operating reserves (strong position), has a debt-to-asset ratio of 18.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Vineyard Theatre And Workshop Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.6% | +37.5% | -7.3% |
| 2022 | +11.7% | +97.5% | +6.3% |
| 2021 | +9.4% | -33.5% | +85.6% |
| 2020 | +0.1% | -4.4% | +23.2% |
| 2019 | -14.0% | -17.7% | +29.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
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 Vineyard Theatre And Workshop Center 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: 80%
- fundraising: 10%
According to IRS 990 filings, Vineyard Theatre And Workshop Center Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $660K, with expenses exceeding revenue.
- Debt-to-asset ratio: 18.1%.
Executive Compensation Analysis
The organization consistently reports 0% for officer compensation across all available filings, indicating that its officers are either uncompensated or compensated through means not classified as officer compensation on the 990, which is a strong positive for minimizing overhead relative to 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 Vineyard Theatre And Workshop Center Inc's IRS 990 filings:
- Operating deficit in the most recent fiscal year (2023), with expenses ($4,568,050) exceeding revenue ($3,908,412).
Strengths
The following positive indicators were identified for Vineyard Theatre And Workshop Center Inc:
- Consistent asset growth over the past decade, from $1,094,058 in 2014 to $3,418,430 in 2023.
- Consistently reports 0% for officer compensation across all available filings, indicating low executive overhead.
- Long history of consistent IRS 990 filings (13 filings), demonstrating regulatory compliance.
- Significant revenue growth over the past few years, from $2,153,269 in 2014 to $3,908,412 in 2023.
Frequently Asked Questions about Vineyard Theatre And Workshop Center Inc
Is Vineyard Theatre And Workshop Center Inc a legitimate charity?
Vineyard Theatre And Workshop Center Inc (EIN: 132981292) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $4.7M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Vineyard Theatre And Workshop Center Inc spend its money?
Vineyard Theatre And Workshop Center Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Vineyard Theatre And Workshop Center Inc tax-deductible?
Vineyard Theatre And Workshop Center Inc is registered as a tax-exempt nonprofit (EIN: 132981292). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Vineyard Theatre And Workshop Center Inc's spending goes to programs?
Vineyard Theatre And Workshop Center Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Vineyard Theatre And Workshop Center Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Vineyard Theatre And Workshop Center Inc is above average for NTEE category A650 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Vineyard Theatre And Workshop Center Inc located?
Vineyard Theatre And Workshop Center Inc is headquartered in New York, New York and files with the IRS under EIN 132981292. It is classified under NTEE code A650.
How many years of IRS 990 filings does Vineyard Theatre And Workshop Center Inc have?
Vineyard Theatre And Workshop Center 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 $4.7M in total revenue.
Is Vineyard Theatre And Workshop Center Inc a good charity?
Based on the available data, Vineyard Theatre appears to be a good charity. It demonstrates strong asset growth, a long history of operation, and notably reports 0% officer compensation, suggesting efficient use of funds and a focus on its mission. The recent operating deficit in 2023 is a point to monitor, but it follows several years of positive net income.
Why is officer compensation consistently 0%?
The consistent reporting of 0% for officer compensation on the IRS 990 filings suggests that the organization's officers may be volunteers, or their compensation is structured in a way that it is not reported under the 'officer compensation' section of the 990. This practice generally indicates a commitment to minimizing administrative overhead.
What caused the operating deficit in 2023?
In the 2023 fiscal period, Vineyard Theatre reported expenses of $4,568,050 against revenues of $3,908,412, resulting in an operating deficit. Without more detailed expense breakdowns, the specific causes are unclear, but it could be due to increased program costs, one-time investments, or a temporary dip in fundraising.
How has the organization's financial health changed over the past decade?
Over the past decade, Vineyard Theatre has shown significant financial growth. Its assets have more than tripled from $1,094,058 in 2014 to $3,418,430 in 2023. While revenue and expenses have fluctuated, the overall trend indicates a growing and stable organization, despite occasional operating deficits.
Is the organization transparent with its finances?
The organization files its IRS 990s consistently, which is a basic level of transparency. The consistent 0% officer compensation is a notable point of transparency regarding executive pay. However, without detailed expense breakdowns beyond the summary data, a full assessment of spending transparency is limited.
Filing History
IRS 990 filing history for Vineyard Theatre And Workshop Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Vineyard Theatre And Workshop Center Inc's revenue has grown by 91.8%, moving from $2.0M to $3.9M. Total assets increased by 102.6% over the same period, from $1.7M to $3.4M. Total functional expenses rose by 136.6%, from $1.9M to $4.6M. In its most recent filing year (2023), Vineyard Theatre And Workshop Center Inc reported a deficit of $660K, with expenses exceeding revenue. The organization holds $620K in liabilities against $3.4M in assets (debt-to-asset ratio: 18.1%), resulting in net assets of $2.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.9M | $4.6M | $3.4M | $620K | — | — |
| 2022 | $3.7M | $3.3M | $3.7M | $225K | — | View 990 |
| 2021 | $3.3M | $1.7M | $3.5M | $432K | — | View 990 |
| 2020 | $3.0M | $2.5M | $1.9M | $449K | — | View 990 |
| 2019 | $3.0M | $2.6M | $1.5M | $573K | — | View 990 |
| 2018 | $3.5M | $3.2M | $1.2M | $585K | — | View 990 |
| 2017 | $2.8M | $2.9M | $1.2M | $836K | — | View 990 |
| 2016 | $3.0M | $3.3M | $1.1M | $657K | — | View 990 |
| 2015 | $3.1M | $2.9M | $1.2M | $483K | — | View 990 |
| 2014 | $2.2M | $2.2M | $1.1M | $545K | — | View 990 |
| 2013 | $1.8M | $2.1M | $1.1M | $532K | — | View 990 |
| 2012 | $2.2M | $2.4M | $1.3M | $296K | — | View 990 |
| 2011 | $2.0M | $1.9M | $1.7M | $427K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.9M, expenses of $4.6M, and assets of $3.4M (revenue +6.6% year-over-year).
- 2022: Revenue of $3.7M, expenses of $3.3M, and assets of $3.7M (revenue +11.7% year-over-year).
- 2021: Revenue of $3.3M, expenses of $1.7M, and assets of $3.5M (revenue +9.4% year-over-year).
- 2020: Revenue of $3.0M, expenses of $2.5M, and assets of $1.9M (revenue +0.1% year-over-year).
- 2019: Revenue of $3.0M, expenses of $2.6M, and assets of $1.5M (revenue -14.0% year-over-year).
- 2018: Revenue of $3.5M, expenses of $3.2M, and assets of $1.2M (revenue +25.8% year-over-year).
- 2017: Revenue of $2.8M, expenses of $2.9M, and assets of $1.2M (revenue -7.7% year-over-year).
- 2016: Revenue of $3.0M, expenses of $3.3M, and assets of $1.1M (revenue -3.4% year-over-year).
- 2015: Revenue of $3.1M, expenses of $2.9M, and assets of $1.2M (revenue +44.2% year-over-year).
- 2014: Revenue of $2.2M, expenses of $2.2M, and assets of $1.1M (revenue +21.8% year-over-year).
- 2013: Revenue of $1.8M, expenses of $2.1M, and assets of $1.1M (revenue -18.4% year-over-year).
- 2012: Revenue of $2.2M, expenses of $2.4M, and assets of $1.3M (revenue +6.3% year-over-year).
- 2011: Revenue of $2.0M, expenses of $1.9M, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vineyard Theatre And Workshop Center Inc:
Data Sources and Methodology
This transparency report for Vineyard Theatre And Workshop Center 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.