New Herring Productions

Nonprofit profile at a glance

EIN
461455994
IRS 990-EZ coverage
2019–2022
Forms available
Form 990-EZ 2022, Form 990-N 2016
Location
Columbus, OH, USA
Phone
7733184443
Rating
49
Verdict
MIXED
Rating confidence
Moderate
Sector
Visual Arts Organizations

Official website

Reported finances

Revenue
$56,091
Expenses
$83,646
Assets
$25,170
Liabilities
$157,971

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

3 people listed

People named in this filing

  • Kurt Mueller (Marketing Director)
  • Michael Herring (Artistic Director and Board Chair)
  • Barbara Shoulders (Managing Director)

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 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

New Herring Productions is dedicated to creating a theatrical experience that is profound, provocative, and professional. We strive to bring works to the stage that engage and entertain audiences in the hope of making the world a more empathetic place in which to live.

What it reported doing in 2022

New Herring Productions produced four theatrical shows serving 1122 audience members and 39 paid artists, technicians, and craftspeople.

Operating model

Revenue model
Donor-supported. 63% 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: 29
  • Transparency & Controls: 82
  • Sustainability: 13
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 33.1%; rating input score 33
  • Program expense ratio: 22.2%; rating input score 22

Transparency & Controls

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

Sustainability

  • Operating margin: -49.1%; rating input score 14; 14th percentile among comparable filings
  • Total-asset coverage ratio: 0.3; rating input score 19; 19th percentile among comparable filings
  • Liabilities to assets ratio: 6.28; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 44.3%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: -8% per year; rating input score 0; 33rd percentile among comparable filings
  • Revenue growth: -6.4% per year; rating input score 0; 35th percentile among comparable filings
  • Asset growth: 17.3% per year; rating input score 100; 83rd percentile among comparable filings

Details

  • Where the money goes: 33.1% of revenue deployed · 22.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $19K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2019 to 2022
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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 — Financial Efficiency: Mission deployment rate scored 33/100.
  • High — Financial Efficiency: Program expense ratio scored 22/100.
  • High — Sustainability: Operating margin scored 14/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 19/100.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.
  • High — Sustainability: Officer compensation ratio scored 4/100.