New Heritage Theatre Group

Overview

Mission

The organization mission is to continue to present entertaining, informative and quality theatre productions and to preserve classic works of black artists.

What it reported doing in 2023

Impact youth program- this program uses creative arts and leadership training to inspire self development and infulence positive change in the world during the fiscal year. Impact youthh performed in front of 25,000 people at select venues throughout New York city. The members create and perform original youth dance and music routines that range from hip hop, ballet, traditional, african and modern dance. Additional focus areas include poetry, spoken words, monologues, songs and essays.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

Nonprofit profile at a glance

EIN
132683678
IRS 990 coverage
2014–2023
Forms available
Form 990 2023
Location
New York, NY, USA
Phone
2129260104
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$756,385
Expenses
$753,400
Assets
$161,534
Liabilities
$47,668

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 92
  • Accountability: 94
  • Sustainability: 34
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 77.4%; rating input score 77
  • Program expense ratio: 77.7%; rating input score 78
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 89.5%; rating input score 89; 22nd percentile among comparable filings
  • Governance controls: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 0.4%; rating input score 39; 39th percentile among comparable filings
  • Total-asset coverage ratio: 0.21; rating input score 9; 9th percentile among comparable filings
  • Liabilities to assets ratio: 0.3; rating input score 26; 26th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: -1.8% per year; rating input score 0; 14th percentile among comparable filings
  • Revenue growth: -1.1% per year; rating input score 0; 13th percentile among comparable filings
  • Asset growth: 4.6% per year; rating input score 100; 38th percentile among comparable filings

Details

  • Where the money goes: 77.4% of revenue deployed · 77.7% of spending went to programs
  • Governance: 17 of 19 board members independent · 7 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $585K in reported program spending
  • Leadership: top reported pay $0 · 19 people listed
  • Consistency: 22 of 23 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 8 annual filings from 2014 to 2023
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 39/100.
  • High — Sustainability: Total-asset coverage ratio scored 9/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 26/100.

Leadership & pay

19 people listed

People named in this filing

  • MARVA ALLEN (PRESIDENT)
  • JANICE M ROBINSON (BOARD SECRETARY)
  • YASMINE VAUGHN (BOARD TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2023.