Vivian Beaumont Theater Inc
Vivian Beaumont Theater Inc. reports fluctuating revenues and expenses, with a significant deficit in 2023, while maintaining substantial assets and no direct officer compensation.
EIN: 133004747 · New York, NY · NTEE: A650 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $104.1M |
| Total Expenses | $50.2M |
| Program Spending | 85% |
| Net Assets | $157.4M |
| Transparency Score | 80/100 |
Is Vivian Beaumont Theater Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Vivian Beaumont Theater Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Vivian Beaumont Theater Inc
Vivian Beaumont Theater Inc (EIN: 133004747) is a nonprofit organization based in New York, NY, classified under NTEE code A650. The organization reported total revenue of $104.1M and total assets of $169.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vivian Beaumont Theater Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vivian Beaumont Theater Inc is a major nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $23.7M |
| Total Expenses | $50.2M |
| Surplus / Deficit | $-26,477,786 |
| Total Assets | $162.2M |
| Total Liabilities | $4.7M |
| Net Assets | $157.4M |
| Operating Margin | -111.7% |
| Debt-to-Asset Ratio | 2.9% |
| Months of Reserves | 38.8 months |
Financial Health Grade: B
In 2023, Vivian Beaumont Theater Inc reported a deficit of $26.5M with expenses exceeding revenue, holds 38.8 months of operating reserves (strong position), has a debt-to-asset ratio of 2.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Vivian Beaumont Theater Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -51.7% | +7.7% | -3.1% |
| 2022 | +146.1% | +173.6% | -16.1% |
| 2021 | -27.6% | -44.6% | +19.9% |
| 2020 | -62.2% | -51.9% | -3.1% |
| 2019 | +56.4% | +38.1% | -4.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1979 |
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 Vivian Beaumont Theater Inc with a Mission Score of 80 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: 85%
- fundraising: 5%
According to IRS 990 filings, Vivian Beaumont Theater Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $26.5M, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.9%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, suggesting either that no officers receive compensation directly from this entity or that compensation is managed through a related organization. This indicates a high level of transparency regarding direct compensation from the Vivian Beaumont Theater Inc. itself.
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 Vivian Beaumont Theater Inc's IRS 990 filings:
- Significant operational deficit in 2023 ($26,477,786)
- Highly volatile revenue streams year-over-year
- Unclear executive compensation structure if officers are compensated by a related entity
Strengths
The following positive indicators were identified for Vivian Beaumont Theater Inc:
- Strong and stable asset base (consistently over $160M)
- Low liabilities relative to assets, indicating good financial leverage
- Consistent reporting of 0% officer compensation, indicating transparency in direct pay
- Long history of IRS 990 filings (13 filings), demonstrating consistent compliance
Frequently Asked Questions about Vivian Beaumont Theater Inc
Is Vivian Beaumont Theater Inc a legitimate charity?
Vivian Beaumont Theater Inc (EIN: 133004747) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 80/100. It has 13 years of IRS 990 filings on record. Total revenue: $104.1M. 3 red flags identified. 4 strengths noted. Financial health grade: B.
How does Vivian Beaumont Theater Inc spend its money?
Vivian Beaumont Theater Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Vivian Beaumont Theater Inc tax-deductible?
Vivian Beaumont Theater Inc is registered as a tax-exempt nonprofit (EIN: 133004747). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Vivian Beaumont Theater Inc's spending goes to programs?
Vivian Beaumont Theater Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Vivian Beaumont Theater Inc compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Vivian Beaumont Theater 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 Vivian Beaumont Theater Inc located?
Vivian Beaumont Theater Inc is headquartered in New York, New York and files with the IRS under EIN 133004747. It is classified under NTEE code A650.
How many years of IRS 990 filings does Vivian Beaumont Theater Inc have?
Vivian Beaumont Theater 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 $104.1M in total revenue.
How does Vivian Beaumont Theater Inc. manage its significant revenue and expense fluctuations?
The organization experiences considerable swings in revenue and expenses, likely tied to production cycles and audience attendance. For instance, revenue dropped from $72,853,604 in 2019 to $19,952,200 in 2021, then rebounded to $49,101,670 in 2022 before a deficit year in 2023. This suggests a need for robust financial planning to navigate these variations.
What is the source of the organization's consistent asset base despite varying operational results?
Vivian Beaumont Theater Inc. consistently holds assets above $160 million, reaching $199,499,593 in 2021. This strong asset base, which includes significant property and equipment, provides a buffer against operational deficits and indicates long-term financial stability, likely supported by endowments or capital investments.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% for officer compensation across all filings suggests that the organization's key executives may be compensated by a parent organization or a related entity, or that their roles are voluntary. This practice, while transparent in its reporting, warrants further investigation to understand the full compensation structure for leadership.
What caused the significant deficit in the 2023 fiscal period?
In the 2023 fiscal period, expenses ($50,185,207) significantly outpaced revenue ($23,707,421). This substantial deficit could be attributed to a combination of factors such as lower-than-expected ticket sales, increased production costs, or significant one-time expenditures. Further details would be needed from the full 990 filing to pinpoint the exact causes.
Filing History
IRS 990 filing history for Vivian Beaumont Theater Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Vivian Beaumont Theater Inc's revenue has declined by 44.3%, moving from $42.5M to $23.7M. Total assets increased by 0.8% over the same period, from $160.8M to $162.2M. Total functional expenses rose by 2.8%, from $48.8M to $50.2M. In its most recent filing year (2023), Vivian Beaumont Theater Inc reported a deficit of $26.5M, with expenses exceeding revenue. The organization holds $4.7M in liabilities against $162.2M in assets (debt-to-asset ratio: 2.9%), resulting in net assets of $157.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $23.7M | $50.2M | $162.2M | $4.7M | — | View 990 |
| 2022 | $49.1M | $46.6M | $167.4M | $2.9M | — | View 990 |
| 2021 | $20.0M | $17.0M | $199.5M | $7.1M | — | View 990 |
| 2020 | $27.6M | $30.8M | $166.5M | $5.4M | — | — |
| 2019 | $72.9M | $63.9M | $171.9M | $4.5M | — | View 990 |
| 2018 | $46.6M | $46.3M | $179.0M | $15.0M | — | View 990 |
| 2017 | $44.9M | $44.4M | $166.1M | $4.1M | — | View 990 |
| 2016 | $60.0M | $59.1M | $160.2M | $5.3M | — | View 990 |
| 2015 | $37.4M | $34.8M | $180.5M | $14.2M | — | View 990 |
| 2014 | $38.9M | $41.3M | $170.8M | $3.9M | — | View 990 |
| 2013 | $40.3M | $43.6M | $163.8M | $3.6M | — | View 990 |
| 2012 | $59.7M | $41.8M | $164.4M | $7.9M | — | View 990 |
| 2011 | $42.5M | $48.8M | $160.8M | $17.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $23.7M, expenses of $50.2M, and assets of $162.2M (revenue -51.7% year-over-year).
- 2022: Revenue of $49.1M, expenses of $46.6M, and assets of $167.4M (revenue +146.1% year-over-year).
- 2021: Revenue of $20.0M, expenses of $17.0M, and assets of $199.5M (revenue -27.6% year-over-year).
- 2020: Revenue of $27.6M, expenses of $30.8M, and assets of $166.5M (revenue -62.2% year-over-year).
- 2019: Revenue of $72.9M, expenses of $63.9M, and assets of $171.9M (revenue +56.4% year-over-year).
- 2018: Revenue of $46.6M, expenses of $46.3M, and assets of $179.0M (revenue +3.8% year-over-year).
- 2017: Revenue of $44.9M, expenses of $44.4M, and assets of $166.1M (revenue -25.2% year-over-year).
- 2016: Revenue of $60.0M, expenses of $59.1M, and assets of $160.2M (revenue +60.4% year-over-year).
- 2015: Revenue of $37.4M, expenses of $34.8M, and assets of $180.5M (revenue -3.9% year-over-year).
- 2014: Revenue of $38.9M, expenses of $41.3M, and assets of $170.8M (revenue -3.3% year-over-year).
- 2013: Revenue of $40.3M, expenses of $43.6M, and assets of $163.8M (revenue -32.5% year-over-year).
- 2012: Revenue of $59.7M, expenses of $41.8M, and assets of $164.4M (revenue +40.4% year-over-year).
- 2011: Revenue of $42.5M, expenses of $48.8M, and assets of $160.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vivian Beaumont Theater Inc:
Data Sources and Methodology
This transparency report for Vivian Beaumont Theater 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.