NEW LIGHT THEATRE COMPANY

EIN: 833145708 501(c)(3) Arts, Culture & Humanities

Bear, DE

Total Revenue
$238,630
Total Expenses
$205,617
Total Assets
$68,377
Net Assets
$68,377
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
DE
Principal Officer
Lena Mucchetti
Phone
6102202690
Tax Period
2024-01-01 to 2024-12-31

NEW LIGHT THEATRE COMPANY, founded in 2019, is a small nonprofit in the Arts, Culture & Humanities sector that reported $239K in total revenue in fiscal year 2024. Revenue surged 137% from the prior year, signaling strong growth momentum. Expenses of $206K left a modest 14% surplus.

Mission

New Light Theatre is dedicated to improving the human condition by partnering each production with thematically connected charitable causes, while also placing a special emphasis on providing opportunities for student and emerging theatre artists to work in a professional setting. New Light Theatre is committed to bringing light to the darkness of the world, to raising awareness and support for organizations that illuminate, and to deepening our empathy and connection with one another through meaningful artistic work.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $78,538
Program Service Revenue $159,655
Investment Income $437
Other Revenue $0
TOTAL REVENUE $238,630

Expense Breakdown

Grants Paid $0
Salaries & Benefits $143,808
Fundraising Expenses $0
Program Expenses $205,617
Other Expenses $61,809
TOTAL EXPENSES $205,617

Year-over-Year Comparison

2024 2023 Change
Revenue $238,630 $100,526 +1.4%
Expenses $205,617 $89,407 +1.3%
Net Income $33,013 $11,119 +2.0%
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

Sign In

Governance

Voting Members
11
Independent Members
8
Employees
N/A
Volunteers
15

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
0
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lena Mucchetti Artistic Director / Board President 15
Director
$0 $0 $0
Thomas Mucchetti Managing Director / Board Treasurer 15
Director
$0 $0 $0
Newton Buchanan Technical Director / Board Vice-President 5
Director
$0 $0 $0
Carlyn Miller Director of Operations / Board Secretary 5
Director
$0 $0 $0
Jessica Money Member at large 1
Director
$0 $0 $0
Vinay Nadkarni Member at large 1
Director
$0 $0 $0
Kelli Shermeyer Member at large 1
Director
$0 $0 $0
Stephanie Tuttle Member at large 1
Director
$0 $0 $0
Carol Vincent Member at large 1
Director
$0 $0 $0
Tya Pope Member at large 1
Director
$0 $0 $0
Kevin Flaherty Member at large 1
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 $238,630 $205,617 $68,377 $33,013
Explore More Nonprofits
Top 100 Nonprofits in Delaware Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare NEW LIGHT THEATRE COMPANY with other nonprofits in Delaware and across the country.