Transforma Theatre Inc
Nonprofit profile at a glance
- EIN
- 825387848
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- New York, NY, USA
- Phone
- 9177021530
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $86,853
- Expenses
- $81,658
- Assets
- $6,173
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Tjasa Ferme (Executive Artistic director, Board president)
- Irina Nazarova (Marketing advisor, board vice-president)
People named in this filing
- Tjasa Ferme (Executive Artistic director, Board president)
- Irina Nazarova (Marketing advisor, board vice-president)
- Catherine Alex Webster (social media strategist, 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
Transforma is a New York based not-for-profit 501 (c)(3) organization with a mission to create interactive theatrical experiences at the convergence of consciousness, science and ritual. We tackle how scientific ideas and metaphysical knowledge about consciousness overlap and explore it in the arena of interactive theatre. We like to dive deep in the space where science, human experience and social issues converge enveloping the audience in an immersive, experiential, interactive experiment, which challenges status quo and opens up new perspectives. Our goal is to pioneer a new form of theatrical expression and develop a close community of artists and scientists instilled with the freedom of thinking and creating in alternative ways.
What it reported doing in 2024
Hailed by NYTimes as "Sleekly designed, thoughtfully assembled" , BIOADAPTED is a reenactment investigative documentary with actors portraying real people and scientists. We peformed two performances at the Segal Performance Center, at CUNY Grad during a theatre conference APAP, $2635.85. 2. We got a NYSCA funded 3-week residency at North American Cultural laboratory and created a Media and Technology Literacy workshop for the local community, read a new play and shot a short film about humans being impacted by artificial intelligence $25875.44 3. Science in Theatre Festival illuminates fascinating research through theater. Three new plays were written and produced followed by science presentations and talkbacks with artists and scientists. 7 day event $22031.54 4. Performed BIOADAPTED at 17th National Symposium of Theatre at Academe at University of Washigton and Lee $1945.57
Operating model
- Revenue model
- Donor-supported. 93% 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
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Program spending has declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 62
- Transparency & Controls: 82
- Sustainability: 38
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 60.4%; rating input score 60
- Program expense ratio: 64.3%; rating input score 64
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 6%; rating input score 56; 56th percentile among comparable filings
- Total-asset coverage ratio: 0.08; rating input score 10; 10th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 9.5%; rating input score 10; 10th percentile among comparable filings
Growth
- Program expense growth: -31.4% per year; rating input score 0; 12th percentile among comparable filings
- Revenue growth: 21.4% per year; rating input score 100; 91st percentile among comparable filings
- Asset growth: 145.3% per year; rating input score 100; 99th percentile among comparable filings
Details
- Where the money goes: 60.4% of revenue deployed · 64.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $52K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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 — Growth: Program expense growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 10/100.
- Review — Sustainability: Operating margin scored 56/100.
- High — Sustainability: Officer compensation ratio scored 10/100.