AUSTIN RAINBOW THEATRE (EIN 921129615) - 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

2022

Legal Domicile

Principal Officer

Jose Javier Lemus

Phone

5126651444

Tax Period

2023-09-01 to 2024-08-31

AUSTIN RAINBOW THEATRE, founded in 2022, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $88K in total revenue in fiscal year 2023. Revenue surged 509% from the prior year, signaling strong growth momentum. Expenses of $78K left a modest 12% surplus.

Mission

Austin Rainbow Theatre provides affordable theatre that focuses on creating belonging, reducing stigma, honoring diverse LGBTQIA+ history and stories, and amplifying LGBTQIA+ artist and community voices.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $65,735

Program Service Revenue $22,093

Investment Income $0

Other Revenue $0

TOTAL REVENUE $87,828

Expense Breakdown

Grants Paid $0

Salaries & Benefits $30,900

Fundraising Expenses $0

Program Expenses $77,550

Other Expenses $46,650

TOTAL EXPENSES $77,550

Year-over-Year Comparison

	2023	2022	Change
Revenue	$87,828	$14,417	+5.1%
Expenses	$77,550	$7,579	+9.2%
Net Income	$10,278	$6,838	+0.5%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jeremy Saenz PhD	Board Chair	1	Officer Director	$0	$0	$0
Amanda Kates JD	Vice Chair	1	Officer Director	$0	$0	$0
Jose Javier Lemus CPA	Board Treasurer	1	Officer Director	$0	$0	$0
Andrew Sherman	Board Secretary	1	Officer Director	$0	$0	$0
Jeremy Impellizeri	Board Member	1	Officer Director	$0	$0	$0
Christopher Preslar	Executive Director	35.00	Officer	$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
2025	No data	No data	No data	No data
2024	$87,828	$77,550	$24,116	$10,278
2023	$14,417	$7,579	$11,338	$6,838

AUSTIN RAINBOW THEATRE