AI Transparency Report
The Peter Glenville Foundation exhibits a concerning trend of declining assets and consistent operating deficits over the past decade. In 2023, the organization reported revenue of $99,625 against expenses of $331,047, indicating it spent over three times its income. This pattern is not isolated, as expenses have consistently outstripped revenue in all reported periods, leading to a significant reduction in assets from $4,859,613 in 2011 to $747,524 in 2023. While the organization reports 0% officer compensation, which suggests good stewardship in that area, the overall financial sustainability is questionable given the persistent negative net income. The NTEE code A12 (Performing Arts) suggests a program-heavy mission, but without a detailed breakdown of expenses, it's difficult to assess spending efficiency beyond the overall deficit.