Westcoast Black Theatre Troupe Of Florida Inc
EIN: 651040662 · Sarasota, FL · NTEE: A60
| Metric | Value |
|---|---|
| Total Revenue | $5.7M |
| Total Expenses | $5.0M |
| Net Assets | $8.3M |
Is Westcoast Black Theatre Troupe Of Florida Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Westcoast Black Theatre Troupe Of Florida Inc
Westcoast Black Theatre Troupe Of Florida Inc (EIN: 651040662) is a nonprofit organization based in Sarasota, FL, classified under NTEE code A60. The organization reported total revenue of $5.7M and total assets of $13.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Westcoast Black Theatre Troupe Of Florida Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Westcoast Black Theatre Troupe Of Florida Inc is a mid-size nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.1M |
| Total Expenses | $5.0M |
| Surplus / Deficit | +$120K |
| Total Assets | $14.1M |
| Total Liabilities | $5.7M |
| Net Assets | $8.3M |
| Operating Margin | 2.3% |
| Debt-to-Asset Ratio | 40.8% |
| Months of Reserves | 33.7 months |
Financial Health Grade: A
In 2023, Westcoast Black Theatre Troupe Of Florida Inc reported a surplus of $120K with revenue exceeding expenses, holds 33.7 months of operating reserves (strong position), has a debt-to-asset ratio of 40.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Westcoast Black Theatre Troupe Of Florida Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.7% | +18.7% | +11.2% |
| 2022 | +7.6% | +53.0% | +26.1% |
| 2021 | -11.6% | -3.4% | +11.5% |
| 2020 | +10.0% | -45.6% | +34.9% |
| 2019 | -18.0% | -3.4% | -11.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Westcoast Black Theatre Troupe Of Florida Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Westcoast Black Theatre Troupe Of Florida Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $120K, with revenue exceeding expenses.
- Debt-to-asset ratio: 40.8%.
Frequently Asked Questions about Westcoast Black Theatre Troupe Of Florida Inc
Is Westcoast Black Theatre Troupe Of Florida Inc a legitimate charity?
Westcoast Black Theatre Troupe Of Florida Inc (EIN: 651040662) is a registered tax-exempt nonprofit based in Florida. It has 13 years of IRS 990 filings on record. Total revenue: $5.7M. No red flags identified. Financial health grade: A.
How does Westcoast Black Theatre Troupe Of Florida Inc spend its money?
Westcoast Black Theatre Troupe Of Florida Inc reported $5.7M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Westcoast Black Theatre Troupe Of Florida Inc tax-deductible?
Westcoast Black Theatre Troupe Of Florida Inc is registered as a tax-exempt nonprofit (EIN: 651040662). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Westcoast Black Theatre Troupe Of Florida Inc located?
Westcoast Black Theatre Troupe Of Florida Inc is headquartered in Sarasota, Florida and files with the IRS under EIN 651040662. It is classified under NTEE code A60.
How many years of IRS 990 filings does Westcoast Black Theatre Troupe Of Florida Inc have?
Westcoast Black Theatre Troupe Of Florida 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 $5.7M in total revenue.
Filing History
IRS 990 filing history for Westcoast Black Theatre Troupe Of Florida Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Westcoast Black Theatre Troupe Of Florida Inc's revenue has grown by 433.2%, moving from $965K to $5.1M. Total assets increased by 4141.2% over the same period, from $332K to $14.1M. Total functional expenses rose by 508.2%, from $826K to $5.0M. In its most recent filing year (2023), Westcoast Black Theatre Troupe Of Florida Inc reported a surplus of $120K, with revenue exceeding expenses. The organization holds $5.7M in liabilities against $14.1M in assets (debt-to-asset ratio: 40.8%), resulting in net assets of $8.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.1M | $5.0M | $14.1M | $5.7M | — | View 990 |
| 2022 | $4.3M | $4.2M | $12.7M | $4.5M | — | View 990 |
| 2021 | $4.0M | $2.8M | $10.1M | $2.0M | — | View 990 |
| 2020 | $4.6M | $2.9M | $9.0M | $2.2M | — | View 990 |
| 2019 | $4.1M | $5.3M | $6.7M | $1.6M | — | View 990 |
| 2018 | $5.0M | $5.5M | $7.6M | $1.4M | — | View 990 |
| 2017 | $3.6M | $2.4M | $4.6M | $1.2M | — | View 990 |
| 2016 | $2.6M | $2.0M | $3.2M | $983K | — | View 990 |
| 2015 | $1.9M | $1.5M | $2.6M | $891K | — | View 990 |
| 2014 | $1.6M | $1.3M | $2.1M | $837K | — | View 990 |
| 2013 | $1.9M | $1.2M | $1.9M | $994K | — | View 990 |
| 2012 | $1.1M | $906K | $735K | $472K | — | View 990 |
| 2011 | $965K | $826K | $332K | $232K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.1M, expenses of $5.0M, and assets of $14.1M (revenue +18.7% year-over-year).
- 2022: Revenue of $4.3M, expenses of $4.2M, and assets of $12.7M (revenue +7.6% year-over-year).
- 2021: Revenue of $4.0M, expenses of $2.8M, and assets of $10.1M (revenue -11.6% year-over-year).
- 2020: Revenue of $4.6M, expenses of $2.9M, and assets of $9.0M (revenue +10.0% year-over-year).
- 2019: Revenue of $4.1M, expenses of $5.3M, and assets of $6.7M (revenue -18.0% year-over-year).
- 2018: Revenue of $5.0M, expenses of $5.5M, and assets of $7.6M (revenue +39.3% year-over-year).
- 2017: Revenue of $3.6M, expenses of $2.4M, and assets of $4.6M (revenue +40.9% year-over-year).
- 2016: Revenue of $2.6M, expenses of $2.0M, and assets of $3.2M (revenue +33.8% year-over-year).
- 2015: Revenue of $1.9M, expenses of $1.5M, and assets of $2.6M (revenue +17.8% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.3M, and assets of $2.1M (revenue -13.4% year-over-year).
- 2013: Revenue of $1.9M, expenses of $1.2M, and assets of $1.9M (revenue +76.0% year-over-year).
- 2012: Revenue of $1.1M, expenses of $906K, and assets of $735K (revenue +11.0% year-over-year).
- 2011: Revenue of $965K, expenses of $826K, and assets of $332K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Westcoast Black Theatre Troupe Of Florida Inc:
Data Sources and Methodology
This transparency report for Westcoast Black Theatre Troupe Of Florida 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.