Is Hutchinsons Historic Fox Theatre Foundation Legit?
Quick charity verification for Hutchinsons Historic Fox Theatre Foundation (EIN: 201246123)
Verdict: Hutchinsons Historic Fox Theatre Foundation shows mixed signals
45/100Mission Score
$240KRevenue
$407KAssets
4Red Flags
2Strengths
Red Flags
Negative revenue in the two most recent fiscal periods ($-29,349 in 2023, $-13,007 in 2022).
Significant decline in assets from $811,046 in 2021 to $489,641 in 2023.
Expenses ($222,603 in 2023) far exceeding revenue, indicating an unsustainable operational model.
Inconsistent revenue generation over the past several years, with significant fluctuations.
Strengths
No reported officer compensation, indicating efficient use of funds for leadership.
No reported liabilities across all filings, suggesting a debt-free status.
Spending Breakdown
How Hutchinsons Historic Fox Theatre Foundation allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Hutchinsons Historic Fox Theatre Foundation
Is Hutchinsons Historic Fox Theatre Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Hutchinsons Historic Fox Theatre Foundation (EIN: 201246123) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
Is Hutchinsons Historic Fox Theatre Foundation a good charity to donate to?
Hutchinsons Historic Fox Theatre Foundation has a Mission Score of 45/100. Revenue: $240K. Assets: $407K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hutchinsons Historic Fox Theatre Foundation?
The Employer Identification Number (EIN) for Hutchinsons Historic Fox Theatre Foundation is 201246123. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Hutchinsons Historic Fox Theatre Foundation spend its money?
Hutchinsons Historic Fox Theatre Foundation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hutchinsons Historic Fox Theatre Foundation's tax-exempt status?
You can verify Hutchinsons Historic Fox Theatre Foundation's tax-exempt status using EIN 201246123 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Hutchinsons Historic Fox Theatre Foundation exhibits a concerning financial trend with negative revenues in its two most recent filings ($-29,349 in 2023 and $-13,007 in 2022), indicating a significant challenge in generating income. Despite these revenue shortfalls, the organization incurred substantial expenses, particularly in 2023 ($222,603), which far exceeded its revenue. This pattern suggests a reliance on existing assets or prior period funding to cover operational costs, as evidenced by a decline in assets from $811,046 in 2021 to $489,641 in 2023.
The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses. However, the consistent decline in assets alongside significant expenses and negative revenue points to an unsustainable financial model in the short term. The absence of reported liabilities across all filings is a positive indicator, suggesting the organization is not accumulating debt.
Transparency appears to be strong regarding executive compensation, with 0% reported officer compensation across all available filings. This indicates that the organization is likely volunteer-led or compensates its leadership through non-officer roles, which is a positive for donor confidence regarding overhead. However, the overall financial health, particularly the recent negative revenue, warrants closer scrutiny for potential donors.