The Fire Department Theatre Company Inc

Nonprofit profile at a glance

EIN
205207522
IRS 990-EZ coverage
2010–2016
Forms available
Form 990-EZ 2016
Location
New York, NY, USA
Phone
6464701837
Rating
96
Verdict
STRONG
Rating confidence
Moderate
Sector
Fire Prevention

Reported finances

Revenue
$105,998
Expenses
$102,809
Assets
$46,629
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Erica Gould (President)

People named in this filing

  • Erica Gould (President)
  • Neal Epstein (Treasurer)
  • Jessica Gould (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 2016. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Fire Department Theatre Company Inc is dedicated to creating work that cannot be replicated inside a television box or on a movie screen, work of visceral and heightened theatricality that not only entertains, but also wrestles with questions of importance to our society and our world. We believe in combining the rigor and structure of great narrative storytelling with the vitality of formal experimentation, and are committed to the development of new plays and theatre pieces, as well as vital re-interpretations of existing works. We utilize alternative as well as traditional theatre spaces, and hope to encourage dialogue among audiences of diverse cultural and socio-economic backgrounds, reaching out beyond the traditional theatre audience to address issues of relevance to the culture at large, igniting questions, sparking controversy, and responding to the urgency of our times.

What it reported doing in 2016

Presentation of theatrical, musical and interdisciplinary events

Operating model

Revenue model
Donor-supported. 83% 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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 98
  • Transparency & Controls: 100
  • Sustainability: 49
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 96.8%; rating input score 97
  • Program expense ratio: 99.8%; rating input score 100

Transparency & Controls

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

Sustainability

  • Operating margin: 3%; rating input score 44; 44th percentile among comparable filings
  • Total-asset coverage ratio: 0.45; rating input score 38; 38th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 84; 84th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings

Growth

  • Program expense growth: 23.3% per year; rating input score 100; 81st percentile among comparable filings
  • Revenue growth: 15.3% per year; rating input score 100; 78th percentile among comparable filings
  • Asset growth: 15.7% per year; rating input score 100; 71st percentile among comparable filings

Details

  • Where the money goes: 96.8% of revenue deployed · 99.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $103K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 7 filing years from 2010 to 2016
  • Contacts: How to reach this organization
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Sustainability: Operating margin scored 44/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.