Diverse City Theater Company Inc

Nonprofit profile at a glance

EIN
134252012
IRS 990-EZ coverage
2010–2011
Forms available
Form 990-EZ 2011
Location
New York, NY, USA
Phone
6462372560
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Arts, Culture, and Humanities

Reported finances

Revenue
$64,421
Expenses
$63,781
Assets
$16,063

Source: IRS Form 990-EZ. Selected filing: tax year 2011. Amounts in USD.

Leadership & pay

6 people listed

Source: IRS Form 990-EZ. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To promote diversity and multi-culturalism in theater arts.

What it reported doing in 2011

Diverse City Theater Company presented Yussef El Guindi's new play, "Pilgrims Musa & Sheri in the New World," at Manhattan Theatre Club studios in July 2011. The play, which deals with immigration and assimilation, earned the prestigious 2012 Steinberg Award for Best New Play (awarded by the American Theatre Critics Association). In addition, DCT co-produced a landmark concert event of legendary lyricist and composer Stephen Sondheim's works at Lincoln Center's Alice Tully Hall entitled "Suites by Sondheim" in partnership with the Philippine Development Foundation. The concert event featured an ensemble of Filipino-American artists on Broadway.

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

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

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 82
  • Sustainability: 29
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86.6%; rating input score 87
  • Program expense ratio: 87.5%; rating input score 88

Transparency & Controls

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

Sustainability

  • Operating margin: 1%; rating input score 50; 50th percentile among comparable filings
  • Total-asset coverage ratio: 0.25; rating input score 19; 19th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: -34.5% per year; rating input score 0; 22nd percentile among comparable filings
  • Revenue growth: -90% per year; rating input score 0; 8th percentile among comparable filings
  • Asset growth: 193.5% per year; rating input score 100; 99th percentile among comparable filings

Details

  • Where the money goes: 86.6% of revenue deployed · 87.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $56K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2010 to 2011
  • 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 — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 19/100.
  • Review — Sustainability: Operating margin scored 50/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.