Mint Theater Company Inc
Nonprofit profile at a glance
- EIN
- 133687725
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- New York, NY, USA
- Phone
- 2123159434
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
Reported finances
- Revenue
- $1,013,527
- Expenses
- $1,374,218
- Assets
- $3,278,643
- Liabilities
- $94,664
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Highest reported compensation
- JONATHAN BANK (PRODUCING ARTISTIC DIRECTOR): $97,094 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Mint theater company, inc. (the organization") is a not-for-profit theatrical producing organization, incorporated under the laws of the state of New York. The organization's mission is to find and produce "lost or neglected" plays, creating new life for these plays through research, dramaturgy, publication, readings and a variety of enrichment programs.
What it reported doing in 2024
From september 21 through november 2, 2024, the organization presented the New York premiere of sump'n like wings by lynn riggs, written in 1925. Raelle myrick-hodges directed a cast of 11, with designs by junghyun Georgia lee, emilee mcvey-lee, isabella gill, sean hagerty, chris fields, amy stoller, and stephanie klapper. Total attendance for 44 performances was 3,109.the organization's production of garside's career by harold brighouse was also a New York premiere, running from february 1 through march 15,2025. Matt dickson directed a cast of nine, with designs by christopher and justin swader, kindall almond, yiyuan li, carsen joenk, chris fields, amy stoller, and stephanie klapper. 45 performances of garside's career were attended by 3,325 people.the organization was gratified to be recognized with a drama desk nomination in the outstanding revival category-one of only five productions from all of New York theater to be so honored.
Operating model
- Revenue model
- Donor-supported. 64% 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 92
- Accountability: 90
- Sustainability: 35
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 83.2%; rating input score 83
- Fundraising efficiency: $6.63 raised per $1 spent on fundraising; rating input score 25; 25th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 83.3%; rating input score 83; 19th percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -35.6%; rating input score 5; 5th percentile among comparable filings
- Total-asset coverage ratio: 2.39; rating input score 69; 69th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 59; 59th percentile among comparable filings
- Officer compensation ratio: 7.1%; rating input score 47; 47th percentile among comparable filings
Growth
- Program expense growth: -2.7% per year; rating input score 0; 11th percentile among comparable filings
- Revenue growth: -1.5% per year; rating input score 0; 10th percentile among comparable filings
- Asset growth: 11.3% per year; rating input score 100; 63rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 83.2% of spending went to programs
- Governance: 5 of 6 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $1.1M in reported program spending
- Leadership: top reported pay $97K · 6 people listed
- Consistency: 32 of 32 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 15 filing years from 2010 to 2024
- 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: Fundraising efficiency scored 25/100.
- High — Sustainability: Operating margin scored 5/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Officer compensation ratio scored 47/100.
- Review — Sustainability: Liabilities to assets ratio scored 59/100.