Parsifals Productions
Nonprofit profile at a glance
- EIN
- 942499582
- IRS 990-EZ coverage
- 2014–2024
- Forms available
- Form 990-EZ 2024
- Location
- New York, NY, USA
- Phone
- 2129958410
- Rating
- 38
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Theater
Reported finances
- Revenue
- $1,550
- Expenses
- $1,968
- Assets
- $11,824
- Liabilities
- $98
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Margaret Beels (President)
People named in this filing
- Margaret Beels (President)
- Allison Kyle Leopold (Secretary)
- Diego Carvajal (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
Staging and broadcast of theatrical performances.
What it reported doing in 2024
The company presented or collaborated on three online broadcasts to 100 participants, and presented in two live performances, with combined audiences of 50 patrons. All services of performers and technicians were donated.
Operating model
- Revenue model
- Donor-supported. 65% 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
REVIEW - 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: 6
- Transparency & Controls: 82
- Sustainability: 45
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 7.1%; rating input score 7
- Program expense ratio: 4.1%; rating input score 4
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -27%; rating input score 20; 20th percentile among comparable filings
- Total-asset coverage ratio: 6.01; rating input score 87; 87th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 30; 30th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -5.2% per year; rating input score 0; 35th percentile among comparable filings
- Revenue growth: -12% per year; rating input score 0; 21st percentile among comparable filings
- Asset growth: -1.5% per year; rating input score 0; 33rd percentile among comparable filings
Details
- Where the money goes: 7.1% of revenue deployed · 4.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $81 in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 10 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 — Financial Efficiency: Mission deployment rate scored 7/100.
- High — Financial Efficiency: Program expense ratio scored 4/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 20/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 30/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.