African Theater Inc

Nonprofit profile at a glance

EIN
934177075
IRS 990-EZ coverage
2023–2023
Forms available
Form 990-EZ 2023, Form 990-N 2023
Location
New York, NY, USA
Phone
9294301277
Rating confidence
Limited
Sector
Arts, Culture, and Humanities

Reported finances

Revenue
$0
Expenses
$0
Assets
$0
Liabilities
$0

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

Leadership & pay

4 people listed

Executive titles in this filing

  • Taiwo Aloba (President)

People named in this filing

  • Taiwo Aloba (President)
  • Nnamdi Jogwe (Secretary)
  • Raheem Kareem (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-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The primary exempt purpose of African Theater Inc. is to promote the performing arts, nurture local talent, preserve cultural heritage, and engage the community through high-quality productions and educational programs.

What it reported doing in 2023

At African Theater Inc., as a newly established organization, we are currently in the planning process of developing and implementing programs that will directly benefit a significant number of individuals in our community. Our dedicated team is actively designing comprehensive service offerings to promote the performing arts, nurture local talent, preserve cultural heritage, and engage the community through high-quslity productions and educational programs. Through strategic planning and collaboration with community stakeholders, we aim to provide impactful services that will positively impact the lives of 200 individuals in our community. While specific accomplishments are forthcoming, we are committed to fulfilling our mission and making a meaningful difference in the lives of those we serve.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 73
  • Sustainability: NotEnoughData
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 66.7%; rating input score 67; 1st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Contacts: How to reach this organization
  • 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.

  • Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.