Civic Intelligence

Teatro Circulo Ltd.

990 • Fiscal year 2025 • EIN 13-3805585

Jul 01, 2024 to Jun 30, 2025

64 East 4th Street APT 3rd FloorNew York, NY 10001

(212) 505-1808

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

79th percentile

0.28x

Higher debt load relative to assets than 79% of similar nonprofits.

2025 filings • NTEE A • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

79th percentile

0.20x

Higher debt load relative to revenue than 79% of similar nonprofits.

2025 filings • NTEE A • $500k-$1M nonprofits • Source year 2025

Net Margin

48th percentile

4.2%

Higher net margin than 48% of similar nonprofits.

2025 filings • NTEE A • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

83rd percentile

$89,500

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 10.5% of source-year revenue.

2025 filings • NTEE A • $500k-$1M nonprofits • Source year 2025

Asset Growth

83rd percentile

43%

Faster asset growth than 83% of similar nonprofits.

2025 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

48th percentile

5.5%

Faster revenue growth than 48% of similar nonprofits.

2025 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2024 to 2025

Assets

Up

$600,486

Up $180,997 (+43%) from 2024

Net Assets

Up

$429,528

Up $78,935 (+23%) from 2024

Liabilities

Up

$170,958

Up $102,062 (+148%) from 2024

Revenue

Up

$851,868

Up $44,174 (+5.5%) from 2024

Expenses

Up

$816,481

Up $31,110 (+4.0%) from 2024

Net Income

Up

$35,387

Up $13,064 (+59%) from 2024

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2011: $201,453Liabilities 2011: $26,326Net Assets 2011: $175,1272011Assets 2012: $204,709Liabilities 2012: $30,8262012Assets 2013: $211,845Liabilities 2013: $34,7272013Assets 2014: $171,089Liabilities 2014: $24,7272014Assets 2015: $162,344Liabilities 2015: $42,027Net Assets 2015: $120,3172015Assets 2017: $160,638Liabilities 2017: $46,708Net Assets 2017: $113,9302017Assets 2018: $177,852Liabilities 2018: $19,506Net Assets 2018: $158,3462018Assets 2019: $195,149Liabilities 2019: $26,112Net Assets 2019: $169,0372019Assets 2020: $285,435Liabilities 2020: $62,159Net Assets 2020: $223,2762020Assets 2021: $212,873Liabilities 2021: $69,385Net Assets 2021: $143,4882021Assets 2022: $289,339Liabilities 2022: $52,257Net Assets 2022: $237,0822022Assets 2023: $369,934Liabilities 2023: $47,136Net Assets 2023: $322,7982023Assets 2024: $419,489Liabilities 2024: $68,896Net Assets 2024: $350,5932024Assets 2025: $600,486Liabilities 2025: $170,958Net Assets 2025: $429,5282025

Highlighted filing

2025

Assets$600,486
Liabilities$170,958
Net Assets$429,528

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $252,385Expenses 2011: $245,511Net Income 2011: $6,8742011Revenue 2012: $176,423Expenses 2012: $185,991Net Income 2012: -$9,5682012Revenue 2013: $136,921Expenses 2013: $136,438Net Income 2013: $4832013Revenue 2014: $195,152Expenses 2014: $181,376Net Income 2014: $13,7762014Revenue 2015: $261,483Expenses 2015: $231,198Net Income 2015: $30,2852015Revenue 2017: $274,961Expenses 2017: $274,930Net Income 2017: $312017Revenue 2018: $316,723Expenses 2018: $306,910Net Income 2018: $9,8132018Revenue 2019: $250,366Expenses 2019: $250,136Net Income 2019: $2302019Revenue 2020: $325,674Expenses 2020: $271,435Net Income 2020: $54,2392020Revenue 2021: $284,827Expenses 2021: $248,857Net Income 2021: $35,9702021Revenue 2022: $708,911Expenses 2022: $616,806Net Income 2022: $92,1052022Revenue 2023: $735,046Expenses 2023: $702,477Net Income 2023: $32,5692023Revenue 2024: $807,694Expenses 2024: $785,371Net Income 2024: $22,3232024Revenue 2025: $851,868Expenses 2025: $816,481Net Income 2025: $35,3872025

Highlighted filing

2025

Revenue$851,868
Expenses$816,481
Net Income$35,387
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Apr 17, 2026
Return Version
2024v5.2
Gross Receipts
$851,868
Mission and Program Overview

Mission

Our mission is to introduce the public to the best works of Spanish and Pan Latino playwrights, both contemporary and classical and to foster an appreciation of the richness of Latin American and Iberian cultures.

Our mission is to introduce the public to the best works of Spanish and Pan Latino playwrights, both contemporary and classical and to foster an appreciation of the richness of Latin American and Iberian cultures in the

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$114,103$242,051▲ $127,948
Cash and Non-Interest-Bearing Accounts$203,202$222,089▲ $18,887
Land, Buildings, and Equipment, Net$102,184$126,094▲ $23,910
Intangible Assets-$3-
Total Assets$419,489$600,486▲ $180,997
Other Assets Total-$10,249-
Liabilities
Other Liabilities$17,000$117,062▲ $100,062
Accounts Payable and Accrued Expenses$51,896$53,896▲ $2,000
Total Liabilities$68,896$170,958▲ $102,062
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$350,593$429,528▲ $78,935
Total Net Assets Fund Balance$350,593$429,528▲ $78,935
Total Liabilities and Net Assets / Fund Balance$419,489$600,486▲ $180,997

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$40,233$65,920$106,153
Buildings$59,244$46,624$105,868
Equipment$26,617-$26,617
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jose Cheo OliverasFounding Artistic DirectorFT$89,500$89,500
Virginia LouloudesDirector-$80,000$80,000
Edna Lee FigueroaDirector-$60,000$60,000

Board Members and Trustees

NameTitle
Eric RiveraChair
Diana CheryDirector
Eva VsquezDirector
Rachel LizardiDirector
Rubi M AliceaDirector
Fernando TravesiTrustee
Paul MarnSecretary
Barbara MatosTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$669,275
Program Service Revenue
$180,934
Investment Income
$0
Other Revenue
$1,659
All Other Contributions
$338,780
Change in Net Assets
$35,387
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$412,963
Other Expenses$403,518
Total Fundraising Expense$19,460
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$203,810$18,320$6,870$229,000
Other Salaries and Wages$131,284$11,801$4,425$147,510
Fees for Services Other$121,952$10,962$4,111$137,025
Occupancy$52,747$4,741$1,778$59,266
Travel$39,139$3,403-$42,542
Payroll Taxes$32,443$2,917$1,093$36,453
Other Expenses$14,197$1,276$479$15,952
Information Technology$11,081$996$373$12,450
Office Expenses$7,341$659$249$8,249
Advertising$5,984$520-$6,504
All Other Expenses$3,479$303-$3,782
Insurance$2,427$218$82$2,727
Depreciation Depletion-$2,707-$2,707
Total Functional Expenses$729,186$67,835$19,460$816,481
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Long term loans payable$100,000
Federal income taxes$17,000
Notes payable - SBA/PPP$62
Reserves-
Exchange account-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 12C

Board members are given an Board Members Manual and are required to sign a conflict of interest form annually. A signed copy is kept on file.

Form 990, Part VI, Section B, Line 11A

Form 990 is independantly prepared and reviewed by the Executive Director and the Board of Directors.

Filing and Contact Details

Filer

Filer Name
Teatro Circulo LTD
EIN
13-3805585
In Care Of
% Jose C Oliveras
Phone
2125051808
Address
64 East 4th Street APT 3rd Floor, New York, NY 10001

Signing Officer

Name
Jose C Oliveras
Title
Artistic Director
Phone
2125051808
Signed
2026-04-17
Discuss with paid preparer
No

Organization Details

Formed
1994
Legal Domicile
Ny
Voting Board Members
12
Independent Board Members
12
Employees
26

Preparer

Firm
Ravi Venkataraman CPA
Address
14 COURTSIDE LANE, PRINCETON, NJ 08540
Preparer
Ravi Venkataraman
Phone
6094527770
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1

Our mission is to introduce the public to the best works of Spanish and Pan Latino playwrights, both contemporary and classical and to foster an appreciation of the richness of Latin American and Iberian cultures in the context of the pluralism that characterizes New York City.

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IRS990/OtherExpensesGrp/Desc0Artistic fees
IRS990/OtherExpensesGrp/Desc1Production expenses
IRS990/OtherExpensesGrp/Desc2Equipmentrental,repair,maintenance
IRS990/OtherExpensesGrp/Desc3Payroll service fees
IRS990/OtherExpensesGrp/FundraisingAmt0479
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05509
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12940
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2563
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt31276
IRS990/OtherExpensesGrp/ProgramServicesAmt063348
IRS990/OtherExpensesGrp/ProgramServicesAmt133817
IRS990/OtherExpensesGrp/ProgramServicesAmt26137
IRS990/OtherExpensesGrp/ProgramServicesAmt314197
IRS990/OtherExpensesGrp/TotalAmt068857
IRS990/OtherExpensesGrp/TotalAmt136757
IRS990/OtherExpensesGrp/TotalAmt26700
IRS990/OtherExpensesGrp/TotalAmt315952
IRS990/OtherLiabilitiesGrp/BOYAmt017000
IRS990/OtherLiabilitiesGrp/EOYAmt0117062
IRS990/OtherRevenueMiscGrp/BusinessCd0711110
IRS990/OtherRevenueMiscGrp/Desc0Other Income
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01659
IRS990/OtherRevenueTotalAmt01659
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt04425
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt011801
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0131284
IRS990/OtherSalariesAndWagesGrp/TotalAmt0147510
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01093
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02917
IRS990/PayrollTaxesGrp/ProgramServicesAmt032443
IRS990/PayrollTaxesGrp/TotalAmt036453
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Jose C Oliveras
IRS990/PriorPeriodAdjustmentsAmt043548
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0711110
IRS990/ProgramServiceRevenueGrp/BusinessCd1711110
IRS990/ProgramServiceRevenueGrp/BusinessCd2711110
IRS990/ProgramServiceRevenueGrp/BusinessCd3711110
IRS990/ProgramServiceRevenueGrp/Desc0Theater/rehearsal space revenue
IRS990/ProgramServiceRevenueGrp/Desc1Box Office
IRS990/ProgramServiceRevenueGrp/Desc2Workshop fees/misc income
IRS990/ProgramServiceRevenueGrp/Desc3Contracted Services
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt061850
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt143335
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt252259
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt323490
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0717469
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0450390
IRS990/PYProgramServiceRevenueAmt090225
IRS990/PYRevenuesLessExpensesAmt022323
IRS990/PYSalariesCompEmpBnftPaidAmt0334981
IRS990/PYTotalExpensesAmt0785371
IRS990/PYTotalRevenueAmt0807694
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt035387
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0851868
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0807694
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0708911
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0684952
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0284827
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03338252
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt03338252
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0851868
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0807694
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0708911
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0684952
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0284827
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03338252
IRS990ScheduleA/TotalSupportAmt03338252
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt059244
IRS990ScheduleD/BuildingsGrp/DepreciationAmt046624
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0105868
IRS990ScheduleD/EquipmentGrp/BookValueAmt026617
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt026617
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt040233
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt065920
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0106153
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt017000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1100000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt262
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Long term loans payable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Notes payable - SBA/PPP
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Reserves
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4Exchange account
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0126094
IRS990ScheduleD/TotalLiabilityAmt0117062
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Our mission is to introduce the public to the best works of Spanish and Pan Latino playwrights, both contemporary and classical and to foster an appreciation of the richness of Latin American and Iberian cultures in the context of the pluralism that characterizes New York City.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board members are given an Board Members Manual and are required to sign a conflict of interest form annually. A signed copy is kept on file.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Form 990 is independantly prepared and reviewed by the Executive Director and the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 11a
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0419489
IRS990/TotalAssetsEOYAmt0600486
IRS990/TotalAssetsGrp/BOYAmt0419489
IRS990/TotalAssetsGrp/EOYAmt0600486
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0669275
IRS990/TotalEmployeeCnt026
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt019460
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt067835

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.00$1.71$4.30$8.52$8.16$0.35
2024Detailed filing. Detailed filing data is available for this year.$4.19$0.69$3.51$8.08$7.85$0.22
2023Detailed filing. Detailed filing data is available for this year.$3.70$0.47$3.23$7.35$7.02$0.33
2022Detailed filing. Detailed filing data is available for this year.$2.89$0.52$2.37$7.09$6.17$0.92
2021Detailed filing. Detailed filing data is available for this year.$2.13$0.69$1.43$2.85$2.49$0.36
2020Detailed filing. Detailed filing data is available for this year.$2.85$0.62$2.23$3.26$2.71$0.54
2019Detailed filing. Detailed filing data is available for this year.$1.95$0.26$1.69$2.50$2.50$0.00
2018Detailed filing. Detailed filing data is available for this year.$1.78$0.20$1.58$3.17$3.07$0.10
2017Detailed filing. Detailed filing data is available for this year.$1.61$0.47$1.14$2.75$2.75$0.00
2015Detailed filing. Detailed filing data is available for this year.$1.62$0.42$1.20$2.61$2.31$0.30
2014Summary only. Only limited summary data is available for this year.$1.71$0.25$1.95$1.81$0.14
2013Summary only. Only limited summary data is available for this year.$2.12$0.35$1.37$1.36$0.00
2012Summary only. Only limited summary data is available for this year.$2.05$0.31$1.76$1.86$0.10
2011Summary only. Only limited summary data is available for this year.$2.01$0.26$1.75$2.52$2.46$0.07