Seattle Theatre Group: $75.6M Revenue, $73.0M Expenses
Seattle, Washington · EIN 943130227 · Filing year 2023
Seattle Theatre Group reported $75.6M in total revenue, $73.0M in total expenses, and $75.0M in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $3.4M (4.44% of revenue). NonprofitTruth efficiency grade: B (72/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $75.6M
- Total Expenses
- $73.0M
- Total Assets
- $75.0M
- Reserve Months
- 12.3 months
- Surplus / (Deficit)
- $2.5M
- EIN
- 943130227
- Latest 990 Year
- 2023
- Current-Officer Compensation
- $3.4M
- Officer Comp % of Revenue
- 4.44%
The efficiency rubric puts Seattle Theatre Group at a B grade: a composite of 72/100 that lands above the national midpoint. The grade reflects solid financial reserves alongside reasonable officer compensation and steady revenue.
Seattle Theatre Group reported $75.6M in 2023 revenue — a mid-sized nonprofit by U.S. standards. Organizations in this bracket typically operate with a small permanent staff, project-based program structures, and modest reserves. On the reserves factor, Seattle Theatre Group scores well — assets relative to annual spending sit in the range nonprofit-finance experts consider healthy (roughly three months to two years of operating expenses).
Five-year revenue is essentially flat — Seattle Theatre Group's funding base appears stable but not growing. For mature organizations this is often the steady state; for younger ones it can signal a funding plateau worth diagnosing. Officer compensation is on the higher side of the band typical for nonprofits this size: $3.4M in total current-officer compensation against $75.6M in revenue. Not necessarily inappropriate — large healthcare systems and university systems often pay competitively with for-profit equivalents — but worth reading in context. Seattle Theatre Group sits in the cultural-nonprofit sector (Arts, Culture & Humanities). Museum, performing-arts, and cultural organizations carry distinctive financial patterns — earned revenue from ticket sales and admissions, plus a heavy reliance on endowment income and major donor cycles.
How Seattle Theatre Group Compares
Seattle Theatre Group earns a NonprofitTruth efficiency grade of B (72/100). That is 16 points above the Arts, Culture & Humanities category average. Compensation for current officers and key employees represents 4.44% of total revenue. The organization holds 12.3 months of operating reserves, indicating strong financial cushion.
990 Financial Snapshot
Based on IRS tax-exempt organization data, Seattle Theatre Group reported $75.6M in revenue against $73.0M in total functional expenses for filing year 2023, holding roughly 12.3 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.
The 990 reports $3.4M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 4.44% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.
Revenue History
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Seattle Theatre Group has a NonprofitTruth Efficiency Score of B (72/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
Seattle Theatre Group, Donor FAQ
Seattle Theatre Group has a NonprofitTruth Efficiency Score of B (72/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
Seattle Theatre Group reports $3.4M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 4.44% of the organization's $75.6M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.
Seattle Theatre Group reported $75.6M in annual revenue and $73.0M in total expenses for filing year 2023. The organization holds $75.0M in total assets.
Seattle Theatre Group holds approximately 12.3 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its B efficiency grade.
Seattle Theatre Group is a registered 501(c) organization with EIN 943130227, based in Seattle, Washington. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
Similar Arts, Culture & Humanities Nonprofits
Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.