City Theatre Project Inc

Nonprofit profile at a glance

EIN: 134158921
IRS 990-EZ coverage: 2017–2024
Forms available: Form 990-EZ 2024, Form 990-N 2018
Location: Bronx, NY, USA
Phone: 9173302961
Rating: 39
Verdict: REVIEW
Rating confidence: Moderate
Sector: Public Foundations

Reported finances

Revenue: $12,691
Expenses: $12,036
Assets: $4,841
Liabilities: $96,162

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

Nicholas Garzillo (President)
John Oswald (Vice President)

People named in this filing

Nicholas Garzillo (President)
J Alexander (Chairman)
John Oswald (Vice President)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Music and dance workshops

Operating model

Revenue model: Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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.

The verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

Financial Efficiency: 9
Transparency & Controls: 82
Sustainability: 40
Growth: 0

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 9.4%; rating input score 9
Program expense ratio: 9.9%; rating input score 10

Transparency & Controls

Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
Major donor itemization: Limited

Sustainability

Operating margin: 5.2%; rating input score 55; 55th percentile among comparable filings
Total-asset coverage ratio: 0.4; rating input score 26; 26th percentile among comparable filings
Liabilities to assets ratio: 19.86; rating input score 1; 1st percentile among comparable filings
Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

Program expense growth: -21.8% per year; rating input score 0; 17th percentile among comparable filings
Revenue growth: -16.7% per year; rating input score 0; 17th percentile among comparable filings
Asset growth: -22.4% per year; rating input score 0; 9th percentile among comparable filings

Details

Where the money goes: 9.4% of revenue deployed · 9.9% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $1K in reported program spending
Leadership: top reported pay $0 · 4 people listed
Consistency: 7 of 7 current checks pass
Schedules: 3 filed schedules
Filing history: 7 filing years from 2017 to 2024
Contacts: How to reach this organization
Money network: Resolved incoming and outgoing counterparties from filed money flows.
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 9/100.
High — Financial Efficiency: Program expense ratio scored 10/100.
High — Growth: Program expense growth scored 0/100.
High — Growth: Revenue growth scored 0/100.
High — Sustainability: Total-asset coverage ratio scored 26/100.
Review — Sustainability: Operating margin scored 55/100.
High — Growth: Asset growth scored 0/100.
High — Sustainability: Liabilities to assets ratio scored 1/100.
Review — Sustainability: Officer compensation ratio scored 56/100.