THE FLEA THEATER INC (EIN 133904262) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1996

Legal Domicile

Principal Officer

NIEGEL SMITH

Phone

2122260051

Tax Period

2024-01-01 to 2024-12-31

THE FLEA THEATER INC, founded in 1996, is a small nonprofit in the Arts, Culture & Humanities sector that reported $921K in total revenue in fiscal year 2024. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $2.3M exceeded revenue, resulting in a 147% operating deficit.

Mission

WE SUPPORT AND INVEST IN EXPERIMENTAL ART BY BLACK, BROWN, AND QUEER ARTISTS. WE PROVIDE SPACE, FINANCIAL SUPPORT, PRODUCING PARTNERSHIP AND OTHER RESOURCES SO THAT THEY MAY DEVELOP AND SHARE THEIR VISION IN COMMUNITY WITH AUDIENCES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $476,276

Program Service Revenue $400,258

Investment Income $38,016

Other Revenue $6,361

TOTAL REVENUE $920,911

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,026,692

Fundraising Expenses $187,169

Program Expenses $1,797,931

Other Expenses $1,224,916

TOTAL EXPENSES $2,271,848

Year-over-Year Comparison

	2024	2023	Change
Revenue	$920,911	$1,316,712	-0.3%
Expenses	$2,271,848	$2,065,836	+0.1%
Net Income	$-1,350,937	$-749,124	+0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$210,227

Total Directors

$210,227

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NIEGEL SMITH	CO-PRESIDENT	40.00	Officer Director	$88,223	$10,519	$98,742
LAUREN BRITT-ELMORE	CO-PRESIDENT/EXECUTIVE DIRECTOR	40.00	Officer Director	$100,966	$10,519	$111,485
TONY TRAMONTIN	CO-CHAIR	1.00	Officer Director	$0	$0	$0
NONA HENDRYX	CO-CHAIR	1.00	Officer Director	$0	$0	$0
PETER GOLDSTEIN	SECRETARY	1.00	Officer Director	$0	$0	$0
MAJA JANKO	TREASURE	1.00	Officer Director	$0	$0	$0
CHARLES RANDOLPH-WRIGHT	DIRECTOR	1.00	Director	$0	$0	$0
RICK MIRAMONTEZ	DIRECTOR	1.00	Director	$0	$0	$0
JOSY DUSSEK	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM BRYANT MILES	DIRECTOR	1.00	Director	$0	$0	$0
RUFARO MAKANDA	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL STERNBERG	DIRECTOR	1.00	Director	$0	$0	$0
JORGE MONTALVO	DIRECTOR (BEGAN 4/24)	1.00	Director	$0	$0	$0
SARAH EAST JOHNSON	DIRECTOR (THROUGH 8/24)	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$920,911	$2,271,848	$18,939,048	$-1,350,937
2023	$1,316,712	$2,065,836	$20,300,939	$-749,124
2022	$2,372,932	$1,888,430	$21,324,710	$484,502
2021	$1,198,247	$1,517,243	$20,802,738	$-318,996
2020	$1,013,526	$1,929,764	$21,186,032	$-916,238
2019	$2,674,130	$2,319,431	$22,454,040	$354,699
2018	$2,845,851	$2,419,289	$23,142,142	$426,562

THE FLEA THEATER INC