Quick charity verification for Kleinhans Music Hall Management Inc (EIN: 160743064)
Verdict: Kleinhans Music Hall Management Inc appears trustworthy
95/100Mission Score
$4.4MRevenue
$5.2MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Strong financial growth, with revenue increasing from $3,008,145 in 202206 to $6,443,241 in 202306.
Zero officer compensation reported across all 13 filings, indicating high efficiency and mission focus.
Significant increase in assets from $2,473,828 in 202206 to $6,279,403 in 202306, strengthening financial stability.
Consistent IRS 990 filing history, demonstrating transparency and compliance.
Healthy surplus in the latest period, with revenues ($6,443,241) significantly exceeding expenses ($4,461,611).
Spending Breakdown
How Kleinhans Music Hall Management 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 Kleinhans Music Hall Management Inc
Is Kleinhans Music Hall Management Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kleinhans Music Hall Management Inc (EIN: 160743064) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Kleinhans Music Hall Management Inc a good charity to donate to?
Kleinhans Music Hall Management Inc has a Mission Score of 95/100. Revenue: $4.4M. Assets: $5.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Kleinhans Music Hall Management Inc?
The Employer Identification Number (EIN) for Kleinhans Music Hall Management Inc is 160743064. 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 Kleinhans Music Hall Management Inc spend its money?
Kleinhans Music Hall Management Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Kleinhans Music Hall Management Inc's tax-exempt status?
You can verify Kleinhans Music Hall Management Inc's tax-exempt status using EIN 160743064 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
Kleinhans Music Hall Management Inc. demonstrates a strong financial recovery and growth trajectory, particularly evident in its latest 202306 filing where revenue surged to $6,443,241 from $3,008,145 in 202206, and assets more than doubled from $2,473,828 to $6,279,403. This indicates effective management and increasing support for its operations. The organization consistently reports 0% officer compensation across all available filings, which is a significant positive indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries.
The organization's spending efficiency appears robust, with expenses in 202306 at $4,461,611 against revenues of $6,443,241, suggesting a healthy surplus for reinvestment or building reserves. While a detailed breakdown of program, administrative, and fundraising expenses is not provided in the summary data, the absence of officer compensation implies a lean administrative structure at the top. The substantial increase in assets and revenue over the past two years, following a period of lower activity during 2020-2021, reflects strong operational performance and donor confidence.
Overall, Kleinhans Music Hall Management Inc. exhibits good financial health and transparency, especially concerning executive compensation. Its ability to significantly grow its revenue and asset base, while maintaining zero officer compensation, positions it as a financially sound and mission-focused entity. The organization's financial reporting history, with consistent filings, further supports its commitment to transparency.