Is Claremore Performing Arts Center Inc…

Quick charity verification for Claremore Performing Arts Center Inc (EIN: 200378719)

Spending Breakdown

How Claremore Performing Arts Center Inc allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Claremore Performing Arts Center Inc

Is Claremore Performing Arts Center Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Claremore Performing Arts Center Inc (EIN: 200378719) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.

Is Claremore Performing Arts Center Inc a good charity to donate to?

Claremore Performing Arts Center Inc has a Mission Score of 90/100. Revenue: $343K. Assets: $3.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Claremore Performing Arts Center Inc?

The Employer Identification Number (EIN) for Claremore Performing Arts Center Inc is 200378719. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Claremore Performing Arts Center Inc spend its money?

Claremore Performing Arts Center Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Claremore Performing Arts Center Inc's tax-exempt status?

You can verify Claremore Performing Arts Center Inc's tax-exempt status using EIN 200378719 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Claremore Performing Arts Center Inc. demonstrates a generally stable financial position with consistent asset growth over the past decade, reaching $3,820,637 in the latest period. The organization's revenue has fluctuated significantly, with a notable spike to $1,129,607 in 202106, followed by a return to lower levels in subsequent years. Despite these fluctuations, expenses have generally remained well below revenue, particularly in recent years, indicating sound financial management. For instance, in 202306, revenue was $240,620 against expenses of $143,182, resulting in a surplus. The organization consistently reports zero liabilities and zero officer compensation, which are strong indicators of financial health and a commitment to directing resources towards its mission rather than executive pay. The absence of officer compensation also suggests a volunteer-led or very lean administrative structure, which can be highly efficient.

The organization's spending efficiency appears strong, with expenses consistently lower than revenue in most periods, allowing for asset accumulation. The lack of reported officer compensation further enhances its efficiency profile. Transparency is excellent, as evidenced by the consistent filing of IRS Form 990s over 13 periods and the clear reporting of financial metrics. The consistent reporting of zero liabilities is also a positive sign of fiscal responsibility. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the overall financial picture suggests a well-managed and transparent entity.

Is Claremore Performing Arts Center Inc Legit?

Verdict: Claremore Performing Arts Center Inc appears trustworthy

Strengths