Theater Bug Inc is a 501(c)(3) organization based in Nashville, Tennessee, registered in 2012, with $738,869 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$739K
▲ 49.9% vs prior year
Arts & Culture median: $159K
Expenses (FY2023)
$605K
Net assets
$413K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Theater Bug Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Theater Bug Inc: 8 mo reserves · +18% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Theater Bug Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Theater Bug Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $152K (FY2018) to $739K (FY2023) across 6 reported years.
Financial snapshot
Operating margin
18.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$413K
Total liabilities
$0
Net assets
$413K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $738,869▲49.9% | $604,524▲47.5% | $413,454▲47.4% | $413,454▲47.4% | 990 |
| 2022 | $492,869▲33.7% | $409,881▼9.0% | $280,453▲42.0% | $280,453▲42.0% | 990 |
| 2021 | $368,512▲28.8% | $450,308▲146% | $197,465▼29.3% | $197,465▼29.3% | 990 |
| 2020 | $286,132▼21.2% | $182,970▼21.7% | $279,261▲58.6% | $279,261▲58.6% | 990 |
| 2019 | $362,975▲139% | $233,785▲41.2% | $176,099▲275% | $176,099▲275% | 990 |
| 2018 | $151,627 | $165,532 | $46,909 | $46,909 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
18 grants to Theater Bug Inc totaling $289K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Community Fdn of Middle Tn Inc | 2024-2025 annual fund - producer sponsor, scott m. and carol len frist portis. | 2024 | $6,000 |
| The Community Fdn of Middle Tn Inc | For a gift from carol and robert frist | 2024 | $5,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $30,000 |
| The Community Fdn of Middle Tn Inc | Contribution: july 1, 2022, thru june 30, 2023 - annual fund | 2023 | $6,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $65,000 |
| The Community Fdn of Middle Tn Inc | For your participation in the big payback 2022 | 2022 | $7,790 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $50,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $50,000 |
| The Community Fdn of Middle Tn Inc | 2021-2022 annual fund | 2021 | $6,000 |
| Southeast Community Capital Corporation | Coronavirus relief fund - metro cares grant - arts organizations | 2020 | $20,000 |
| American Online Giving Foundation Inc | General support | 2020 | $10,297 |
| American Online Giving Foundation Inc | General support | 2020 | $10,297 |
| The Community Fdn of Middle Tn Inc | Arts/humanities | 2020 | $6,112 |
| The Community Fdn of Middle Tn Inc | For annual fund, 2020-2021, from the scott portis family, | 2020 | $6,000 |
| The Community Fdn of Middle Tn Inc | For unrestricted use | 2020 | $2,500 |
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Data for Theater Bug Inc (EIN 27-4141181) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.