Taffety Punk Theatre Inc

Nonprofit profile at a glance

EIN
203839487
IRS 990-EZ coverage
2023–2025
Forms available
Form 990 2022, Form 990-EZ 2025, Form 990-N 2012
Location
Washington, DC, USA
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Theater

Reported finances

Revenue
$197,999
Expenses
$186,813
Assets
$14,232

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

6 people listed

People named in this filing

  • Renee Beaver (Trustee)
  • Barbi Broadus (Trustee)
  • Ian Armstrong (Trustee)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Mission of the Taffety Punk Theatre is to sustain a dynamic ensemble of actors dancers and musicians who ignite a public passion for theatre by making the classical and the contemporary exciting meaningful and affordable. We envision a theatre with a living function in a community: to examine to teach to share to provide a laboratory for the human experience. Smarter. Cheaper. Better.

What it reported doing in 2025

We produced dances and plays available for very low prices for the benefit of our public.

Operating model

Revenue model
Donor-supported. 91% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 96
  • Transparency & Controls: 100
  • Sustainability: 26
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.3%; rating input score 94
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 5.6%; rating input score 46; 46th percentile among comparable filings
  • Total-asset coverage ratio: 0.08; rating input score 10; 10th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 29.7%; rating input score 12; 12th percentile among comparable filings

Growth

  • Program expense growth: -3.8% per year; rating input score 0; 21st percentile among comparable filings
  • Revenue growth: -12.1% per year; rating input score 0; 3rd percentile among comparable filings
  • Asset growth: -56.5% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 94.3% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $187K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2023 to 2025
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 10/100.
  • Moderate — Sustainability: Operating margin scored 46/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 12/100.