Is Campus Theatre Limited Legit?

Campus Theatre Limited demonstrates a consistent operational history, with revenues generally covering expenses over the past decade. However, the most recent two fiscal periods (2022 and 2023) show expenses exceeding revenue, with a deficit of $89,703 in 2022 and $49,647 in 2023. This trend suggests a need for closer monitoring of financial sustainability. The organization's assets have grown significantly over the past decade, from $152,084 in 2014 to $366,922 in 2023, indicating some financial stability despite recent operational deficits. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of financial transparency and a commitment to directing funds towards the organization's mission rather than executive salaries. The organization's NTEE code A31 (Performing Arts Centers) aligns with its mission as a theatre. While specific program spending percentages are not provided in the summary data, the absence of officer compensation suggests a lean administrative structure. The recent deficits, however, warrant attention to ensure long-term viability and continued program delivery. The organization's liabilities have remained relatively stable and manageable in relation to its assets, indicating responsible financial management in that area. Overall, Campus Theatre Limited appears to be a transparent organization with a long history of community engagement. The recent financial performance, particularly the operating deficits in 2022 and 2023, should be a focus for future financial planning to ensure the organization can continue its mission without relying on drawing down reserves indefinitely. The consistent growth in assets over the long term provides a buffer, but sustained deficits are not sustainable.