Quick charity verification for Ogunquit Playhouse Foundation (EIN: 10490316)
Verdict: Ogunquit Playhouse Foundation appears trustworthy
75/100Mission Score
$17.5MRevenue
$14.8MAssets
2Red Flags
3Strengths
Red Flags
Consistent operating deficits in recent years (2022 and 2023), where expenses significantly exceeded revenue.
0% reported officer compensation across all filings, which is atypical for an organization of this size and could indicate a lack of transparency regarding executive remuneration.
Strengths
Consistent growth in assets over the past decade, from $7,115,517 in 2014 to $13,938,025 in 2023, indicating financial stability and capacity.
Strong revenue generation, with annual revenues frequently exceeding $10 million, demonstrating significant public support and operational scale.
Long history of IRS 990 filings (13 filings), indicating a commitment to transparency and compliance over time.
Spending Breakdown
How Ogunquit Playhouse Foundation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Ogunquit Playhouse Foundation
Is Ogunquit Playhouse Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Ogunquit Playhouse Foundation (EIN: 10490316) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Ogunquit Playhouse Foundation a good charity to donate to?
Ogunquit Playhouse Foundation has a Mission Score of 75/100. Revenue: $17.5M. Assets: $14.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ogunquit Playhouse Foundation?
The Employer Identification Number (EIN) for Ogunquit Playhouse Foundation is 10490316. 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 Ogunquit Playhouse Foundation spend its money?
Ogunquit Playhouse Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ogunquit Playhouse Foundation's tax-exempt status?
You can verify Ogunquit Playhouse Foundation's tax-exempt status using EIN 10490316 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 Ogunquit Playhouse Foundation demonstrates a generally stable financial position, with assets consistently growing over the past decade, reaching $13,938,025 in 2023. However, recent years show a trend of expenses exceeding revenue, notably in 2023 where expenses were $15,033,267 against revenues of $13,296,677, and in 2022 with expenses of $13,397,334 against revenues of $10,412,024. This indicates a reliance on prior year surpluses or other funding sources to cover operational costs.
The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 13 filings available. A significant positive indicator for transparency and good governance is the reported 0% officer compensation across all available filings, suggesting that the organization's leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which warrants further investigation to fully understand executive remuneration practices. The NTEE code A110 (Performing Arts, Theatrical) aligns with its mission, and the substantial revenue and asset base suggest a well-established entity in its sector.
While the consistent growth in assets is a strength, the recent operating deficits could be a concern if not addressed. The absence of reported officer compensation is a notable point for transparency, potentially indicating strong volunteer engagement or a unique compensation structure. Overall, the foundation appears financially sound with a long history, but recent spending patterns require attention to ensure long-term sustainability.