Is Pig Iron Theatre Company Inc Legit? —…

Quick charity verification for Pig Iron Theatre Company Inc (EIN: 133874192)

Spending Breakdown

How Pig Iron Theatre Company Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

10%

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 Pig Iron Theatre Company Inc

Is Pig Iron Theatre Company Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Pig Iron Theatre Company Inc (EIN: 133874192) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.

Is Pig Iron Theatre Company Inc a good charity to donate to?

Pig Iron Theatre Company Inc has a Mission Score of 75/100. Revenue: $1.6M. Assets: $987K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Pig Iron Theatre Company Inc?

The Employer Identification Number (EIN) for Pig Iron Theatre Company Inc is 133874192. 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 Pig Iron Theatre Company Inc spend its money?

Pig Iron Theatre Company Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Pig Iron Theatre Company Inc's tax-exempt status?

You can verify Pig Iron Theatre Company Inc's tax-exempt status using EIN 133874192 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

Pig Iron Theatre Company Inc demonstrates a generally stable financial position, though with some fluctuations in recent years. In the latest filing (202306), the organization reported expenses exceeding revenue by over $218,000 ($1,588,469 in expenses vs. $1,370,133 in revenue), leading to a decrease in net assets. This follows a strong surplus in the prior year (202206) where revenue exceeded expenses by over $281,000. The organization's assets have shown growth over the long term, from $773,357 in 201906 to $1,384,650 in 202306, indicating a healthy accumulation of resources. However, the significant increase in liabilities in 202306 to $655,809, up from $31,836 in 202206, warrants closer examination as it represents a substantial portion of their assets.

The organization consistently reports 0% officer compensation across all available filings, which is a notable aspect of its financial management and transparency. This suggests that the highest-ranking individuals are either unpaid or compensated through other means not categorized as officer compensation, which could be a positive indicator of resource allocation directly to programs. However, without detailed functional expense breakdowns, it's challenging to fully assess spending efficiency across programs, administration, and fundraising. The consistent filing of IRS Form 990s over many years indicates a commitment to regulatory compliance and transparency.

Is Pig Iron Theatre Company Inc Legit?

Verdict: Pig Iron Theatre Company Inc appears trustworthy

Red Flags

Strengths