Is Independence Public Media Of Philadelphia Inc Legit?
Quick charity verification for Independence Public Media Of Philadelphia Inc (EIN: 222600747)
Verdict: Independence Public Media Of Philadelphia Inc appears trustworthy
85/100Mission Score
$32.6MRevenue
$120.8MAssets
2Red Flags
3Strengths
Red Flags
Revenue has been highly volatile, ranging from $1.4 million in 2018 to $132.7 million in 2017, making consistent financial forecasting challenging.
The significant drop in revenue from $21.8 million in 2021 to $6.8 million in 2022 and then a rise to $20.9 million in 2023 requires further investigation into funding sources.
Strengths
Consistently high asset base (over $100 million) provides significant financial stability.
A very high percentage of spending is directed towards programs (around 90% based on available data), indicating strong mission focus.
The organization has demonstrated the ability to manage large fluctuations in revenue while maintaining a strong asset base.
Spending Breakdown
How Independence Public Media Of Philadelphia Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Independence Public Media Of Philadelphia Inc
Is Independence Public Media Of Philadelphia Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Independence Public Media Of Philadelphia Inc (EIN: 222600747) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Independence Public Media Of Philadelphia Inc a good charity to donate to?
Independence Public Media Of Philadelphia Inc has a Mission Score of 85/100. Revenue: $32.6M. Assets: $120.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Independence Public Media Of Philadelphia Inc?
The Employer Identification Number (EIN) for Independence Public Media Of Philadelphia Inc is 222600747. 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 Independence Public Media Of Philadelphia Inc spend its money?
Independence Public Media Of Philadelphia Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Independence Public Media Of Philadelphia Inc's tax-exempt status?
You can verify Independence Public Media Of Philadelphia Inc's tax-exempt status using EIN 222600747 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
Independence Public Media Of Philadelphia Inc is a arts, culture & humanities nonprofit based in Philadelphia, Pennsylvania, with reported revenue of $32.6M and assets of $120.8M. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 90% of spending goes to programs, 5% to administration, and 5% to fundraising. Executive compensation appears reasonable given the organization's asset size and mission, with no immediate red flags identified in the available filings. Revenue has grown +56% across 14 filing periods.