Is Clear Space Theatre Company Legit? —…

Spending Breakdown

How Clear Space Theatre Company 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 Clear Space Theatre Company

Is Clear Space Theatre Company a legitimate charity?

Based on AI analysis of IRS 990 filings, Clear Space Theatre Company (EIN: 201712916) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.

Is Clear Space Theatre Company a good charity to donate to?

Clear Space Theatre Company has a Mission Score of 90/100. Revenue: $1.6M. Assets: $2.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Clear Space Theatre Company?

The Employer Identification Number (EIN) for Clear Space Theatre Company is 201712916. 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 Clear Space Theatre Company spend its money?

Clear Space Theatre Company allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Clear Space Theatre Company's tax-exempt status?

You can verify Clear Space Theatre Company's tax-exempt status using EIN 201712916 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

Clear Space Theatre Company demonstrates a generally healthy financial position, with recent filings showing consistent revenue generation and asset growth. In the 202312 period, the organization reported revenue of $1,554,334 against expenses of $1,245,585, indicating a surplus. This positive trend is further supported by an increase in assets to $2,233,312 in 2023, up from $1,386,257 in 2022. The organization's liabilities have fluctuated, with a notable increase in 2021 to $2,122,221, but have since decreased to $617,765 in 2023, suggesting improved financial management.

The organization's spending efficiency appears reasonable, with a significant portion of expenses likely directed towards program services, typical for a performing arts organization (NTEE A65). The consistent reporting of 0% officer compensation across all available filings is a strong indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. This practice enhances public trust and suggests a volunteer-driven or modestly compensated leadership structure.

Overall, Clear Space Theatre Company exhibits a stable financial trajectory with healthy revenue streams and responsible asset management. The absence of reported officer compensation is a significant positive for transparency and efficiency, reinforcing its commitment to its mission. While liabilities have seen some volatility, the recent trend shows a reduction, contributing to a more robust financial outlook.

Is Clear Space Theatre Company Legit?

Verdict: Clear Space Theatre Company appears trustworthy

Red Flags

Strengths