The Adobe Theater
Legal name: Adobe Theater Inc
Nonprofit profile at a glance
- EIN
- 850404054
- IRS 990-EZ coverage
- 2011–2025
- Official website data refreshed
- Jul 2026
- Forms available
- Form 990 2022, Form 990-EZ 2025
- Location
- Albuquerque, NM, USA
- Phone
- (505) 898-9222
- Rating
- 48
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Performing Arts Organizations
Reported finances
- Revenue
- $198,083
- Expenses
- $167,387
- Assets
- $164,263
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- NANCY SELLIN (PRESIDENT)
- GEORGIA ATHEARN (VICE PRESIDENT)
People named in this filing
- NANCY SELLIN (PRESIDENT)
- GEORGIA ATHEARN (VICE PRESIDENT)
- DANIEL WARE (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To present the finest, diverse plays and musicals to the greater Albuquerque and Rio Rancho metropolitan communities; to provide educational guidance; to encourage the development of new theatrical works; and to furnish theater enthusiasts of all ages and experience levels with opportunities to grow both on stage and behind the scenes.
What it reported doing in 2025
The organization had a complete year of productions in 2025. The theater put on eight live shows each running for three or four weeks. The four largest productions were: the underpants bus stop spiders web and the importance of being earnest.
Operating model
- Revenue model
- Earned-program. 72% of the money available for current operations came from fees and other program revenue.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 100
- Sustainability: 64
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 15.5%; rating input score 65; 65th percentile among comparable filings
- Total-asset coverage ratio: 0.98; rating input score 58; 58th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 6.9% per year; rating input score 100; 51st percentile among comparable filings
- Revenue growth: 4.8% per year; rating input score 100; 43rd percentile among comparable filings
- Asset growth: 6.9% per year; rating input score 100; 49th percentile among comparable filings
Details
- What they do: 5 programs and campaigns described on the official site · 2 operating locations identified
- Where the money goes: 0% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 11 filing years from 2011 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Financial Efficiency: Mission deployment rate scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 58/100.