Kearsarge Arts Theatre for Children

Nonprofit profile at a glance

EIN
020432407
IRS 990-EZ coverage
2011–2011
Forms available
Form 990-EZ 2011
Location
New London, NH, USA
Rating
91
Verdict
STRONG
Rating confidence
Moderate
Sector
Performing Arts Organizations

Reported finances

Revenue
$96,935
Expenses
$100,327
Assets
$4,362

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

Leadership & pay

3 people listed

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

Overview

Mission

Theater arts for children

What it reported doing in 2011

The summer of 2011 continued the kat tradition of excellence in visual and performing arts. There were over twenty classes including: youtheatre, kat kabaret, kitten klub, kat chorus, kat dancers, kat dance intensive, acting workshops and art workshops. This summer's youtheater production was the broadway classic, peter pan. One hundred children performed during our main production weekend. The total income received by kat company, tuitions, contributions and ticket sales is utilized to implement expenditure, which combined with the cost of educational materials (primarily art materials) and 2/3 of the administrative fees total the cost of the teaching component of the program. The performance costs are a combination production (costume, scenery, props) and artistic fees plus 1/3 of the administrative fees. Kat company also has an expenditure for the rental of the kearsarge regional high school, which is 3/4 for educational programs and 1/4 for performance. Kat company continues to provide excellence in arts education for hundreds of children and young adults through its varied and exciting programming. The dedication of the board of directors and the kat staff is inspiring and continues to be a mainstay for the organization. We were nominatead for several nh theatre awards because of the quality of the production.

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

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: 100
  • Transparency & Controls: 100
  • Sustainability: 20
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

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: -3.5%; rating input score 40; 40th percentile among comparable filings
  • Total-asset coverage ratio: 0.04; rating input score 5; 5th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

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

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $100K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • 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.

  • Moderate — Sustainability: Operating margin scored 40/100.
  • High — Sustainability: Total-asset coverage ratio scored 5/100.