Quick charity verification for Lucille Lortel Theatre Foundation Inc (EIN: 133995881)
Verdict: Lucille Lortel Theatre Foundation Inc appears trustworthy
95/100Mission Score
$4.0MRevenue
$12.4MAssets
2Red Flags
5Strengths
Red Flags
Lack of detailed breakdown for program, administrative, and fundraising expenses in provided data
Unusually low liabilities relative to assets, which could indicate conservative financial practices or specific funding structures.
Strengths
Consistent 0% officer compensation, indicating strong commitment to mission-focused spending.
Significant growth in revenue from $2,287,275 in 2022 to $3,955,633 currently.
Substantial increase in assets from $3,863,141 to $12,416,983, indicating strong financial health.
Low liabilities relative to assets, suggesting financial stability and low debt.
Positive net income in the latest reported period ($3,955,633 revenue vs. $1,833,175 expenses in 2022, though current expenses are not provided, the revenue growth is significant).
Spending Breakdown
How Lucille Lortel Theatre Foundation 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 Lucille Lortel Theatre Foundation Inc
Is Lucille Lortel Theatre Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lucille Lortel Theatre Foundation Inc (EIN: 133995881) appears trustworthy. Mission Score: 95/100. 2 red flags identified, 5 strengths noted.
Is Lucille Lortel Theatre Foundation Inc a good charity to donate to?
Lucille Lortel Theatre Foundation Inc has a Mission Score of 95/100. Revenue: $4.0M. Assets: $12.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lucille Lortel Theatre Foundation Inc?
The Employer Identification Number (EIN) for Lucille Lortel Theatre Foundation Inc is 133995881. 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 Lucille Lortel Theatre Foundation Inc spend its money?
Lucille Lortel Theatre Foundation Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lucille Lortel Theatre Foundation Inc's tax-exempt status?
You can verify Lucille Lortel Theatre Foundation Inc's tax-exempt status using EIN 133995881 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
The Lucille Lortel Theatre Foundation Inc. demonstrates a generally healthy financial trajectory, with a notable increase in revenue and assets in its latest reported period. Revenue surged from $2,287,275 in 2022 to $3,955,633 currently, accompanied by a substantial increase in assets from $3,863,141 to $12,416,983. This growth suggests successful fundraising or investment activities. The organization consistently reports 0% officer compensation across all available filings, which is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the consistent lack of officer compensation points to a lean operational structure at the top. The significant increase in assets relative to liabilities also indicates strong financial stability.