Is San Diego Theatres Inc Legit?

Strengths

Strong financial recovery post-pandemic, with revenue increasing from $3.5M in 2021 to nearly $15M in 2024.
Consistent growth in assets, from $11.6M in 2020 to $24.9M in 2024, enhancing long-term stability.
Reported 0% officer compensation, suggesting a commitment to directing funds to mission or volunteer leadership.
Positive net income in recent years (e.g., $14.9M revenue vs. $11.6M expenses in 2024), indicating operational efficiency.

Spending Breakdown

How San Diego Theatres Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

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 San Diego Theatres Inc

Is San Diego Theatres Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, San Diego Theatres Inc (EIN: 141886373) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is San Diego Theatres Inc a good charity to donate to?

San Diego Theatres Inc has a Mission Score of 85/100. Revenue: $14.8M. Assets: $29.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for San Diego Theatres Inc?

The Employer Identification Number (EIN) for San Diego Theatres Inc is 141886373. 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 San Diego Theatres Inc spend its money?

San Diego Theatres Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify San Diego Theatres Inc's tax-exempt status?

You can verify San Diego Theatres Inc's tax-exempt status using EIN 141886373 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

San Diego Theatres Inc. demonstrates a generally healthy financial trajectory, particularly in its post-pandemic recovery. Revenue has shown strong growth, increasing from $3,525,409 in 2021 to $14,954,198 in 2024, indicating robust operational recovery and public engagement. The organization consistently reports 0% officer compensation, which is a significant positive for transparency and resource allocation directly to its mission. While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the absence of officer compensation suggests a commitment to minimizing overhead in that specific area. The organization's assets have also grown substantially, from $11,672,893 in 2020 to $24,988,487 in 2024, strengthening its financial foundation.

However, without detailed expense categories beyond total expenses, a precise assessment of spending efficiency (e.g., program spending ratio) is limited. The consistent growth in assets and revenue, coupled with no reported officer compensation, points towards a well-managed and financially stable entity. The organization's ability to rebound strongly from the pandemic's impact on the performing arts sector is a testament to its resilience and effective management.

Verdict: San Diego Theatres Inc appears trustworthy

Red Flags