Quick charity verification for Fox Theatre Inc (EIN: 131240132)
Verdict: Fox Theatre Inc appears trustworthy
90/100Mission Score
$70.3MRevenue
$132.9MAssets
1Red Flags
5Strengths
Red Flags
Unusually low (0%) reported officer compensation for an organization of this scale, which might warrant further investigation into how leadership is compensated or structured.
Strengths
Strong and consistent revenue growth over the past decade, from $19.3M in 2015 to $41.4M in 2024.
Excellent financial stability with assets significantly exceeding liabilities (e.g., $123M assets vs. $14M liabilities in 2024).
Consistent reporting of 0% officer compensation, indicating a potential commitment to directing funds to mission.
Healthy financial reserves, with assets growing steadily over time, demonstrating long-term sustainability.
Efficient spending, as expenses are consistently well below revenue, allowing for asset accumulation.
Spending Breakdown
How Fox Theatre 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
5%
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 Fox Theatre Inc
Is Fox Theatre Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Fox Theatre Inc (EIN: 131240132) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Fox Theatre Inc a good charity to donate to?
Fox Theatre Inc has a Mission Score of 90/100. Revenue: $70.3M. Assets: $132.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Fox Theatre Inc?
The Employer Identification Number (EIN) for Fox Theatre Inc is 131240132. 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 Fox Theatre Inc spend its money?
Fox Theatre Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Fox Theatre Inc's tax-exempt status?
You can verify Fox Theatre Inc's tax-exempt status using EIN 131240132 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
Fox Theatre Inc demonstrates strong financial health and consistent growth over the past decade. Revenue has shown a significant upward trend, from $19.3 million in 2015 to $41.4 million in 2024, indicating robust operational performance and public engagement. The organization consistently maintains a healthy asset base, growing from $42 million to $123 million in the same period, far exceeding its liabilities, which suggests strong financial stability and capacity for future programs.
Spending efficiency appears solid, with expenses generally well below revenue, allowing for asset accumulation. For instance, in 2024, expenses were $29.4 million against $41.4 million in revenue. The consistent reporting of 0% officer compensation across all filings is a notable aspect of its transparency and commitment to directing funds towards its mission rather than executive pay. This practice, coupled with regular filings, indicates a high degree of financial accountability and transparency.