Is Rochester Broadway Theatre League Inc Legit?

Quick charity verification for Rochester Broadway Theatre League Inc (EIN: 160813592)

Verdict: Rochester Broadway Theatre League Inc appears trustworthy

85/100Mission Score

$18.0MRevenue

$20.7MAssets

2Red Flags

4Strengths

Red Flags

Lack of detailed spending breakdown (program, admin, fundraising) in summary data, making precise efficiency analysis difficult.
Consistent 0% officer compensation reported across all filings, which could indicate compensation is reported elsewhere or a unique executive structure, requiring further clarification for full transparency.

Strengths

Strong financial recovery post-pandemic, with revenue increasing from $5,854,219 in 2020 to $19,509,824 in 2023.
Consistent positive net income in recent years (e.g., $1,758,610 in 2023 and $2,258,170 in 2022), indicating effective financial management.
Growing asset base, from $4,661,596 in 2016 to $13,779,865 in 2023, enhancing long-term stability.
No reported officer compensation, suggesting either a volunteer leadership or a highly transparent approach to executive pay if compensated through other means.

Spending Breakdown

How Rochester Broadway Theatre League Inc allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Rochester Broadway Theatre League Inc

Is Rochester Broadway Theatre League Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Rochester Broadway Theatre League Inc (EIN: 160813592) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is Rochester Broadway Theatre League Inc a good charity to donate to?

Rochester Broadway Theatre League Inc has a Mission Score of 85/100. Revenue: $18.0M. Assets: $20.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Rochester Broadway Theatre League Inc?

The Employer Identification Number (EIN) for Rochester Broadway Theatre League Inc is 160813592. 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 Rochester Broadway Theatre League Inc spend its money?

Rochester Broadway Theatre League Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Rochester Broadway Theatre League Inc's tax-exempt status?

You can verify Rochester Broadway Theatre League Inc's tax-exempt status using EIN 160813592 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

Rochester Broadway Theatre League Inc (RBTL) demonstrates a generally stable financial position, with recent filings showing consistent revenue growth and positive net income. In 2023, RBTL reported revenues of $19,509,824 against expenses of $17,751,214, resulting in a surplus. The organization's assets have also shown growth, reaching $13,779,865 in 2023, up from $12,956,048 in 2022, indicating a healthy accumulation of resources. However, the organization's liabilities remain significant, at $5,523,741 in 2023, though they have decreased from the previous year. The absence of reported officer compensation across all available filings suggests a high degree of transparency regarding executive pay, as it indicates either a volunteer leadership structure or that compensation is not reported in a way that is easily identifiable as 'officer compensation' in the summary data. This lack of reported compensation is a notable aspect of their financial transparency.

Spending efficiency appears reasonable, with expenses consistently below revenue in recent years, allowing for asset growth. The organization's primary focus, as indicated by its NTEE code (A610 - Performing Arts Centers), suggests that the majority of its spending is directed towards program services. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the overall financial health, marked by increasing assets and positive net income, points to effective management of resources. The significant fluctuation in revenue, such as the peak of $25,737,002 in 2019 followed by a dip to $5,854,219 in 2020 (likely due to the pandemic), demonstrates resilience and recovery in subsequent years, with revenue rebounding strongly.

Overall, RBTL appears to be a financially sound organization with a strong recovery trajectory post-pandemic. The consistent positive net income and asset growth are positive indicators. The absence of reported officer compensation is a unique characteristic that, depending on the organizational structure, could be viewed as a strength in transparency or an area requiring further clarification if executive leadership is compensated through other means not captured in the 'officer compensation' field. Their ability to manage significant liabilities while growing assets suggests prudent financial stewardship.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.