Colt Coeur Theater Company Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
SEE SCHEDULE O
- Income
- $647,288
- Spending
- $611,440
- Spent on programs
- 76%
- Reserves
- 6.8 months of spending
- Largest source of income
- donations and private grants, 81%
- Employees
- 18
- Volunteers
- 6
- Highest pay
- $78,244, artistic director
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 83 out of 100. Higher than 61% of charities in its peer group (arts and culture, $250k to $1m).
Reserves
28 of 35Spendable reserves would cover 6.8 months of spending.
Debt
20 of 20It owes 4% of what it owns.
Living within its means
15 of 15Income exceeded spending by 6% of income.
Income trend
5 of 15Income fell 16% on the year before.
Spending floor
15 of 1576% of spending went to programs and raising each dollar of donations cost 16 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 97 out of 100. Higher than 91% of charities in its peer group (arts and culture, $250k to $1m).
Independent board
25 of 2520 of 20 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
12 of 15Its accounts were reviewed or compiled by an independent accountant, but not audited.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $464,289 spent. PRODUCTION: MINOR.ITY BY FRANCISCA DA SILVEIRA, DIRECTED BY SHARIFFA ALI, IN CO-PRODUCTION WITH WP THEATER, RAN FROM MARCH 29-MAY 4, 2025 FOR 36 PERFORMANCES, REACHING 2,259 AUDIENCE MEMBERS. THE CAST FEATURED ATO ESSANDOH, NEDRA MARIE TAYLOR AND NIMENE SIERRA WUREH, ALONG WITH A 100% FEMALE DESIGN TEAM. WE ALSO HELD READINGS OF TWO COMMISSIONS: BEFORE TIMES BY SARAH SANDER (4/3) AND REFORMER BY RACHEL HERRON (5/28), AS WELL AS A 10TH ANNIVERSARY BENEFIT READING OF DRY LAND BY RUBY RAE SPIEGEL (4/21), WITH PROCEEDS GOING TO NY ABORTION ACCESS FUND, AS REPRODUCTIVE RIGHTS IS A MAJOR THEME OF THAT PLAY. EDUCATION & MENTORSHIP: OUR ANNUAL EDUCATION INITIATIVE WAS HELD FROM APRIL 14-18, 2025, AND LED FOR THE SECOND TIME BY MAYA SMOOT, NOW DIRECTOR OF OUTREACH AND EDUCATION, ALONG WITH 5 TEACHING ARTISTS. STUDENTS AGES 10-15 TRAVELED FROM ALL OVER FROM QUEENS AND UPPER MANHATTAN FOR THIS PROGRAM. WE HAD 20 PARTICIPANTS. OUR MENTORSHIP PROGRAM TOOK PLACE IN JULY-SEPTEMBER 2024. THREE STUDENTS OF THE GLOBAL MAJORITY WHO DEMONSTRATED GREAT PROMISE AND INTEREST IN THEATRE WERE SELECTED AS MENTEES. RESIDENT ARTISTS: IN AUGUST 2024, WE SELECTED OUR 9TH ANNUAL COHORT FOR OUR RESIDENT ARTIST PROGRAM FROM AN OVERWHELMING 186 APPLICANTS! OUR 2024-25 CLASS OF RESIDENTS WERE: MICAELA BOTTARI, KATHLEEN CAPDESUER, JUSTINE GELFMAN, RENAE JARRETT, YING YING LI, ALEX LIN, MOLLY MARINIK, GRAHAM TECHLER, & SEAYOUNG YIM. RESIDENTS HAD THE OPPORTUNITY TO GATHER AT FOUR INTENSIVE SESSIONS THROUGHOUT THE SEASON, LEADING AND PARTICIPATING IN A VARIETY OF WORKSHOPS, INCLUDING ONE ABOUT CHILDRENS BOOKS; ONE ON IDENTIFYING AND ARTICULATING ONES CORE VALUES; AND A SCENIC DESIGN WORKSHOP. FINALLY, COLT COEUR SERVED AS A FISCAL SPONSOR FOR FLYING AVOCADO LLC FOR A COMMERCIAL PRODUCTION OF STILL BY LIA ROMEO, WHICH COLT COEUR HAD ORIGINALLY PRODUCED IN 2024.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 2011.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.