Theatre Latte-da
Only null% goes to programs Declining revenue
Theatre Latte-da is a 501(c)(3) organization based in Minneapolis, Minnesota, registered in 1998, with $3,375,500 in FY2024 revenue. CharityIndex grades it C+.
345 13th Ave Ne, Minneapolis, MN, 55413 EIN 41-1908432 Since 1998
Revenue (FY2024)
$3.4M
▲ 11.3% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$3.9M
Net assets
$519K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Theatre Latte-da— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating2 mo reserves · -16% margin
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 Theatre Latte-da: 2 mo reserves · -16% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Theatre Latte-da— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Theatre Latte-da: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
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Contact & location
- Address
- 345 13th Ave Ne, Minneapolis, MN, 55413
- City
- Minneapolis
- State
- Minnesota
- Category
- Arts, Culture & Humanities
- Subcategory
- Performing Arts
- Website
- …
Financial trends
Revenue grew from $1.1M (FY2013) to $3.4M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.4MNet assets $519K
Operating margin
-15.7%
Spent more than it raised in the latest fiscal year.
Total assets
$2.0M
Total liabilities
$1.4M
Net assets
$519K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,375,500▲11.3% | $3,906,746▲4.8% | $518,893▼50.6% | $1,966,511▼11.8% | 990 |
| 2023 | $3,032,892▼15.9% | $3,726,211▼6.8% | $1,050,139▼39.8% | $2,229,141▼20.8% | 990 |
| 2022 | $3,606,643▼17.6% | $3,999,882▲26.5% | $1,743,458▼18.4% | $2,816,093▼17.1% | 990 |
| 2021 | $4,374,930▲300% | $3,161,930▲197% | $2,136,697▲131% | $3,395,024▲70.5% | 990 |
| 2020 | $1,092,572▼60.4% | $1,066,025▼59.4% | $923,697▲3.0% | $1,991,726▲1.8% | 990 |
| 2019 | $2,759,901▼11.9% | $2,623,884▼12.3% | $897,150▲17.9% | $1,955,624▲3.7% | 990 |
| 2018 | $3,132,580▲34.1% | $2,992,535▲26.5% | $761,133▲22.5% | $1,886,212▲18.8% | 990 |
| 2017 | $2,336,714▲27.0% | $2,365,047▲47.2% | $621,089▼4.4% | $1,588,226▲5.5% | 990 |
| 2016 | $1,839,964▲1.3% | $1,606,473▼4.3% | $649,422▲56.1% | $1,505,749▲166% | 990 |
| 2015 | $1,816,354▲24.4% | $1,679,452▲27.1% | $415,931▲49.1% | $565,936▲42.1% | 990 |
| 2014 | $1,460,633▲28.5% | $1,321,461▲13.0% | $279,029▲99.5% | $398,237▲91.0% | 990 |
| 2013 | $1,136,376 | $1,169,202▲2.0% | $139,857▼19.0% | $208,500▼4.1% | 990 |
| 2012 | — | $1,146,641▲37.9% | $172,683▲57.0% | $217,385▲81.3% | 990 |
| 2011 | — | $831,601 | $110,005 | $119,907 | 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.
Grants received · $1.7M total
67 grants to Theatre Latte-da totaling $1.7M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Mightycause Charitable Foundation | Unrestricted | 2024 | $30,934 |
| American Online Giving Foundation Inc | General support | 2024 | $26,439 |
| Minneapolis Foundation | Donor advised, arts, culture, humanities | 2024 | $20,751 |
| American Endowment Foundation | Arts, culture | 2024 | $8,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $72,450 |
| National Philanthropic Tr | Environment, animals | 2023 | $41,750 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $32,500 |
| American Online Giving Foundation Inc | General support | 2023 | $25,501 |
| Mightycause Charitable Foundation | — | 2023 | $21,349 |
| Minneapolis Foundation | Donor-advised, arts- culture- humanities | 2023 | $20,250 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2023 | $12,160 |
| American Endowment Foundation | Arts, culture | 2023 | $10,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $78,804 |
| American Online Giving Foundation Inc | General support | 2022 | $55,055 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2022 | $32,000 |
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Frequently asked questions
- Is Theatre Latte-da a legitimate nonprofit?
- Yes. Theatre Latte-da is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 41-1908432, based in Minneapolis, Minnesota. Donations are tax-deductible.
- What is Theatre Latte-da's EIN?
- Theatre Latte-da's Employer Identification Number (EIN) is 41-1908432.
- How much revenue does Theatre Latte-da report?
- Theatre Latte-da reported $3,375,500 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Theatre Latte-da have?
- CharityIndex grades Theatre Latte-da C+, based on financial health (reserves and operating margin).
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Data for Theatre Latte-da (EIN 41-1908432) 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.