Quick charity verification for Lake City Capri Theatre (EIN: 161647966)
Verdict: Lake City Capri Theatre appears trustworthy
92/100Mission Score
$54KRevenue
$191KAssets
1Red Flags
4Strengths
Red Flags
Significant decline in revenue from $84,051 in 2016 to $23,674 in 2023, warranting monitoring.
Strengths
Consistent reporting of $0 liabilities, indicating strong financial management and no debt.
0% officer compensation across all filings, demonstrating a volunteer-driven model and high efficiency.
Healthy asset base of $190,503 relative to its annual revenue, providing financial resilience.
Long history of IRS 990 filings (13 filings), indicating transparency and consistent compliance.
Spending Breakdown
How Lake City Capri Theatre 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 Lake City Capri Theatre
Is Lake City Capri Theatre a legitimate charity?
Based on AI analysis of IRS 990 filings, Lake City Capri Theatre (EIN: 161647966) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
Is Lake City Capri Theatre a good charity to donate to?
Lake City Capri Theatre has a Mission Score of 92/100. Revenue: $54K. Assets: $191K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lake City Capri Theatre?
The Employer Identification Number (EIN) for Lake City Capri Theatre is 161647966. 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 Lake City Capri Theatre spend its money?
Lake City Capri Theatre allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lake City Capri Theatre's tax-exempt status?
You can verify Lake City Capri Theatre's tax-exempt status using EIN 161647966 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
Lake City Capri Theatre demonstrates consistent financial stability with a healthy asset base relative to its revenue. The organization has maintained assets above $150,000 for the past decade, reaching $190,503 in its latest filing. While revenue has fluctuated, with a notable dip to $23,674 in 2023 from a high of $84,051 in 2016, the organization has managed its expenses to largely align with its income. The consistent reporting of zero liabilities across all available filings indicates strong financial management and a lack of debt, contributing positively to its overall financial health. The absence of officer compensation further suggests a volunteer-driven model, enhancing its efficiency and program focus.
The organization's spending efficiency appears high, particularly given the 0% officer compensation reported across all filings. This indicates that a significant portion of its operational budget is likely directed towards its mission, which, as an A65 NTEE code organization, is related to performing arts centers. The consistent reporting of financial data over 13 periods demonstrates a commitment to transparency. Although specific program spending percentages are not provided in the raw data, the lack of executive compensation is a strong indicator of efficient resource allocation.
Overall, Lake City Capri Theatre appears to be a well-managed, transparent, and financially stable small nonprofit. Its ability to maintain assets and operate without debt, coupled with a volunteer leadership structure, suggests a strong dedication to its mission and efficient use of donor funds. The recent decrease in revenue warrants monitoring, but the organization's historical resilience and asset base provide a buffer.