Teatro Paraguas Inc

Nonprofit profile at a glance

EIN
270410452
IRS 990-EZ coverage
2013–2024
Forms available
Form 990-EZ 2024, Form 990-N 2012
Location
Santa Fe, NM, USA
Phone
5054241601
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Theater

Reported finances

Revenue
$183,592
Expenses
$154,020
Assets
$120,501
Liabilities
$3,516

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • NOAH G SIMPSON (PRESIDENT)

People named in this filing

  • NOAH G SIMPSON (PRESIDENT)
  • ELSA LOPEZ (VICE PRESIDE)
  • ALAN SKIP RAPOPORT (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

To promote literature and theatre through english, spanish, and bilingual presentations of contemporary hispanic, latino, and multicultural poetry and plays, while promoting children's theatre, producing the works of New Mexico playwrights, and celebrating history, richness, and diversity.

What it reported doing in 2024

Teatro paraguas promotes hispanic, latinx, and chicano poetry, literature and theatre through educational activities and bilingual theatrical presentations of classic, contemporary and original works, celebrating the history, richness and diversity of hispanic and latinx cultures. Teatro paraguas has presented various productions, facilitated the development of new plays and provided a venue for productions by guest companies, poetry readings, and music concerts. In the fiscal year ending june 2024, teatro paraguas completed the following productions: -- atacama, a play by augusto federico amador -- in my father's house, a play by santa fe playwright -- el da de los muertos, a community celebration on santa fe plaza in co- sponsored by kiwanis club and the city of santa fe -- 12th annual a musical piata for christmas, a community celebration -- big words, a play by santa fe playwright joey chavez -- la casa de bernarda alba, a staged reading in spanish of the play by federico garcia lorca -- esperanza, a staged reading of a new play by carlos morton -- parted waters, 6 staged readings of a play by los alamos playwright robert f. Benjamin

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Total assets are small relative to annual expenses; liquid coverage is unknown and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 100
  • Sustainability: 59
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 73.6%; rating input score 74
  • Program expense ratio: 87.7%; rating input score 88

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: 16.1%; rating input score 69; 69th percentile among comparable filings
  • Total-asset coverage ratio: 0.78; rating input score 51; 51st percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 34; 34th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 7% per year; rating input score 100; 53rd percentile among comparable filings
  • Revenue growth: 8.9% per year; rating input score 100; 63rd percentile among comparable filings
  • Asset growth: 12.6% per year; rating input score 100; 68th percentile among comparable filings

Details

  • Where the money goes: 73.6% of revenue deployed · 87.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $135K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 11 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • Review — Sustainability: Total-asset coverage ratio scored 51/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 34/100.