Spectacle Theater
Legal name: Spectacle Theater Inc
Nonprofit profile at a glance
- EIN
- 464968438
- IRS 990-EZ coverage
- 2016–2023
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990-EZ 2023, Form 990-N 2014
- Location
- Brooklyn, NY, US
- Phone
- 9178931858
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $119,077
- Expenses
- $86,622
- Assets
- $83,753
- Liabilities
- $4
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- SEAN BERMAN (PRESIDENT)
People named in this filing
- SEAN BERMAN (PRESIDENT)
- NICHOLAS JOYCE (TREASURER)
- CHELSEY SWILIK (SECRETARY)
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 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Spectacle is a collectively-run screening space in Brooklyn, NY, established and staffed by hard-working, cinema-loving volunteers. Our programming runs seven days a week and includes overlooked works, offbeat gems, contemporary art, radical polemics, live performance and more.
What it reported doing in 2023
Adverting and promotional expenses for the theater topromote the films they will be showing
Operating model
- Revenue model
- Earned-program. 66% of the money available for current operations came from fees and other program revenue.
- 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 68
- Transparency & Controls: 82
- Sustainability: 69
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 59.7%; rating input score 60
- Program expense ratio: 82%; rating input score 82
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 27.3%; rating input score 81; 81st percentile among comparable filings
- Total-asset coverage ratio: 0.97; rating input score 58; 58th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 55; 55th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 7.4% per year; rating input score 100; 55th percentile among comparable filings
- Revenue growth: 12.1% per year; rating input score 100; 71st percentile among comparable filings
- Asset growth: 13% per year; rating input score 100; 67th percentile among comparable filings
Details
- What they do: 3 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 59.7% of revenue deployed · 82% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $71K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 1 filed schedules
- Filing history: 8 filing years from 2016 to 2023
- Contacts: How to reach this organization
- 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.
- Review — Sustainability: Total-asset coverage ratio scored 58/100.
- Review — Sustainability: Liabilities to assets ratio scored 55/100.