Dreamstreet Theatre Company Inc

Nonprofit profile at a glance

EIN
811552704
IRS 990-EZ coverage
2019–2024
Forms available
Form 990-EZ 2024
Location
Brooklyn, NY, USA
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Performing Arts Organizations

Official website

Reported finances

Revenue
$123,518
Expenses
$130,315
Assets
$13,923
Liabilities
$561

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

Leadership & pay

8 people listed

Executive titles in this filing

  • Michael Wigotsky (President)

People named in this filing

  • Michael Wigotsky (President)
  • Steven Lefkowitz (Member)
  • Felicia Herman (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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provide educaion inspiration for devlopmentally disabled individuals

What it reported doing in 2024

DreamStreet Theatre Company provides education and inspiration for developmentally disabled individuals with a passion for the performing and creative arts. Our performances attempt to breakdown sterotypes and illustrate the prof

Operating model

Revenue model
Donor-supported. 86% 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

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

Rating breakdown

  • Financial Efficiency: 91
  • Transparency & Controls: 100
  • Sustainability: 20
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.7%; rating input score 93
  • Program expense ratio: 87.9%; rating input score 88

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: -5.5%; rating input score 21; 21st percentile among comparable filings
  • Total-asset coverage ratio: 0.11; rating input score 12; 12th percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 32; 32nd percentile among comparable filings
  • Officer compensation ratio: 7.6%; rating input score 22; 22nd percentile among comparable filings

Growth

  • Program expense growth: 38.3% per year; rating input score 100; 88th percentile among comparable filings
  • Revenue growth: 14.6% per year; rating input score 100; 76th percentile among comparable filings
  • Asset growth: -15.3% per year; rating input score 0; 8th percentile among comparable filings

Details

  • Where the money goes: 92.7% of revenue deployed · 87.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $115K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Sustainability: Operating margin scored 21/100.
  • High — Sustainability: Total-asset coverage ratio scored 12/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 22/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 32/100.