Halo Theater Inc

Nonprofit profile at a glance

EIN
934867525
IRS 990-EZ coverage
2024–2025
Forms available
Form 990-EZ 2025
Location
Clermont, FL, USA
Rating
48
Verdict
MIXED
Rating confidence
Moderate
Sector
Arts, Culture, and Humanities

Reported finances

Revenue
$51,580
Expenses
$59,598
Assets
$55,248

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

Leadership & pay

3 people listed

Executive titles in this filing

  • Ayal Miodovnik (Producing Artisitic Director - CEO)

People named in this filing

  • Ayal Miodovnik (Producing Artisitic Director - CEO)
  • Rachel Miodovnik (Officer)
  • Jason D Menges (Officer)

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

To advance theater as an art form and create a safe harbor for innovation and collaboration within our community. To nurture and provide programs that make an essential contribution to the quality of life in our city. To offer a platform for students to develop communication collaboration critical thinking and problem-solving skills through applied theater practice.

What it reported doing in 2025

In our second year we have continued to develop and nurture a handful of shows namely The Grand Illusion Musical. We have attended conferences in New York City and London and we have grown our national and international visibility. We have been in active conversation with the Dr. Phillips Center about joint efforts and we recently submitted an RFQ to become the presenting partner at the Winter Garden Theater.

Operating model

Revenue model
Donor-supported. 100% 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

MIXED - 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: 14
  • Transparency & Controls: 100
  • Sustainability: 25
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 14.5%; rating input score 15
  • Program expense ratio: 12.6%; rating input score 13

Transparency & Controls

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

Sustainability

  • Operating margin: -15.5%; rating input score 24; 24th percentile among comparable filings
  • Total-asset coverage ratio: 0.93; rating input score 45; 45th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 75.5%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -91.2% per year; rating input score 0; 3rd percentile among comparable filings
  • Asset growth: -13.5% per year; rating input score 0; 14th percentile among comparable filings

Details

  • Where the money goes: 14.5% of revenue deployed · 12.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $8K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 15/100.
  • High — Financial Efficiency: Program expense ratio scored 13/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 24/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
  • High — Sustainability: Officer compensation ratio scored 1/100.