Trinity Repertory Company EIN 22-2547262

Trinity Repertory Company

EIN  22-2547262 Public charity (501(c)(3)) Providence, RI Founded 1963
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 7/19/26 · see original filing: IRS
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Size
$10–100M
What they do
Creates engaging public art to spark community dialogue and education.
Leadership
Curt Columbus · Artistic Director · $211K
Money in and out
$14.5M revenue, $9.3M expenses
Bottom line
82% program efficiency

Creates engaging public art to spark community dialogue and education. For fiscal year 2024 it reported $14.5M in revenue, $9.3M in expenses, and $22.5M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$14.5M
Pt VIII · Ln 12
Total expenses
$9.3M
Pt IX · Ln 25
Net assets
$22.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $5.1M
Where spending went · Part IX cols B–D
Program services $0.82 Management & general $0.12 Fundraising $0.06
Program efficiency
82%
of spending reaches programs▼ -1% vs prior filing year
Operating runway
9.4mo
months of highly liquid reserves at operating expense rate▲ +2% vs prior filing year
Surplus margin
+35%
revenue over expenses, this year▲ +564% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$14.5M
FY2024▲ +44%
Expenses
$9.3M
FY2024▼ -2%
Total assets
$24.5M
FY2024▲ +16%
Total liabilities
$2.0M
FY2024▼ -49%
Total revenue
$14.5M
Pt VIII · Ln 12
Total expenses
$9.3M
Pt IX · Ln 25
Net assets
$22.5M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$5.1M
Total assetsPt X · Ln 16$24.5M
Program-expense ratioPt IX · col B82%
Voting members of governing bodyPt I · Ln 333
Independent voting membersPt I · Ln 432
Mission & Programs · Part III

Where the work happens

2 program services account for $7.7M of program spending, described in the organization's own filed words · FY2024.
01

During the 2024-25 year, Trinity Repertory Company, the State Theater of Rhode Island, produced a six-play season. The season opened in September 2024 with two productions running in rotating repertory: "POTUS: Or, Behind Every Great Dumbass Are Seven Women Trying to Keep Him Alive", by Selina Fillinger directed by Artistic Director Curt…

$5.3Mprogram expense
02

In addition to public performances, Trinity Rep continued to manage and oversee the Brown/Trinity Rep MFA program for actors and directors with Brown University. Trinity Rep's Education and Community Engagement Departments provided significant activity for all ages including Project discovery school matinee performances, in-school…

$2.4Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTrinity Repertory Company
EINHdr · item D22-2547262
Principal addressHdr · item CProvidence, RI
WebsiteHdr · item Jwww.trinityrep.com
Year of formationHdr · item L1963
State of legal domicileHdr · item MRI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A650)
Ruling yearIRS BMFNov 1984

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a33
Independent voting membersPt VI · Ln 1b32
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Artistic Director
$211,360Pt VII · Sec A
Executive Director
$191,933Pt VII · Sec A
Acting Company/Board Member
$14,683Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A

Curt Columbus’s $211K as Artistic Director is at the 19th percentile of top reported officer pay among 749 $10–100M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021
Curt Columbus$211,360$202,834$195,632$177,544
Curt Columbus$205,093
Katie Liberman$191,933
Katie Liberman$185,753
Thomas Parrish III$165,009$178,011
Jennifer Canole$158,380$109,929
Stephen Berenson$119,964
Kate Liberman$58,672

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$8.8M · 61%
Program service revenue$4.9M · 34%
Investment income$711K · 5%
Contributions & grants61%$8.8M
Program service revenue34%$4.9M
Investment income5%$711K
— government grantsLn 1e$849K
Total revenueLn 12$14.5M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.82 Management & general $0.12 Fundraising $0.06
Program services82%$7.7M
Management & general12%$1.1M
Fundraising6%$533K
Total functional expensesLn 25$9.3M

Balance Sheet

Part X · end of year
CashLn 1$4.6M
Total assetsLn 16$24.5M
Total liabilitiesLn 26$2.0M
Total net assetsLn 32$22.5M
Months of cash on handcomputed5.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $6.9M · Operating expenses (Pt IX) $9.3M · Less non-cash grants $631K · Cash operating expenses/yr $8.7M
9.4 months
Where the money goes
Program services
Program services $7.7M · Total expenses $9.3M
82%
Management & General
Management & general $1.1M · Total expenses $9.3M
12%
Fundraising
Fundraising $533K · Total expenses $9.3M
6%
Cost to raise $1
Fundraising expense (3-yr avg) $541K · Solicited contributions (3-yr avg) $4.9M
$0.11 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $8.8M · Total revenue $14.5M
61%
Government reliance
Government grants $849K · Total revenue $14.5M
6%
Earned-income share
Program service revenue $4.9M · Total revenue $14.5M
34%
Investment reliance
Investment income $711K · Total revenue $14.5M
+5%
Program self-sufficiency
Program service revenue $4.9M · Total expenses $9.3M
53%
Growth & trend
Revenue growth (YoY)
This year $14.5M · Prior year $10.1M
+44%
Revenue CAGR
FY2020 $8.5M · FY2024 $14.5M
+14%
Net-asset trend (YoY)
End of year $22.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $14.5M · Expenses $9.3M
+35%
Liabilities-to-Assets
Total liabilities — · Total assets $24.5M
Net-asset ratio
Net assets $22.5M · Total assets $24.5M
92%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $2.3M · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $24.5M
9%
People & payroll
Highest Reported Total Compensation
Individual Curt Columbus · Reported title Artistic Director · Highest reported compensation $211K · Total expenses $9.3M
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $6.3M · Total expenses $9.3M
67%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 82%
Overhead ratio 12%
Fundraising cost ratio 6%
Revenue growth 44%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 2 funders$4K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$10.1M revenue · ⤓ 990 PDF
FY2023$9.3M revenue · ⤓ 990 PDF
FY2022$12.6M revenue · ⤓ 990 PDF
FY2021$8.5M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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