Connecticut Theatre Exchange Inc

Nonprofit profile at a glance

EIN
884196153
IRS 990-EZ coverage
2025–2025
Forms available
Form 990-EZ 2025
Location
Washington, CT, USA
Phone
3474236181
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Performing Arts Organizations

Official website

Reported finances

Revenue
$52,797
Expenses
$49,935
Assets
$14,277

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

1 person listed

People named in this filing

  • Tracy Liz Miller (Co-Producing Artistic Director)

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

Connecticut Theatre Exchange exists to bring together theatre artists from various backgrounds and identities to support their process of developing new projects and new skills in a nurturing environment that is both accessible and affordable. We do this by: Offering residencies for playwrights and screenwriters and their teams in various forms of development. Providing low-cost residencies to existing ensembles to experience an uninterrupted and deeper developmental rehearsal process. Giving space and time for professional artists to study new skills and new ideas, contributing to their artistic process. Garnering resources for historically under-represented or under-supported populations and actively identifying ways to remove barriers to the CTX experience. Welcoming the public to free showings of new work and inviting curated feedback. Programming a variety of free or low-cost workshops of exploration of the artistic process. Developing partnerships with organizations.

What it reported doing in 2025

Produced three play readings in partnership with The Judy Black Memorial Park and Gardens, free of charge to the public.

Operating model

Revenue model
Donor-supported. 83% of the money available for current operations came from contributions and gifts.
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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 82
  • Sustainability: 38
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 85.2%; rating input score 85
  • Program expense ratio: 90.1%; rating input score 90

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 5.4%; rating input score 54; 54th percentile among comparable filings
  • Total-asset coverage ratio: 0.29; rating input score 22; 22nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

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

Details

  • Where the money goes: 85.2% of revenue deployed · 90.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $45K in reported program spending
  • Leadership: top reported pay $0 · 1 people listed
  • Consistency: 7 of 7 current checks pass
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Sustainability: Total-asset coverage ratio scored 22/100.
  • Review — Sustainability: Operating margin scored 54/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.