Quick charity verification for Shen Yun Performing Arts Inc (EIN: 208812402)
Verdict: Shen Yun Performing Arts Inc appears trustworthy
85/100Mission Score
$44.8MRevenue
$290.3MAssets
2Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which is unusual for an organization of this size and could indicate non-transparent compensation structures.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes it difficult to fully assess spending efficiency.
Strengths
Exceptional financial health with consistent and significant revenue growth, from $18.3M in 2014 to $51.5M in 2023.
Strong asset accumulation, growing from $48.9M in 2014 to $266.1M in 2023, indicating robust financial management and sustainability.
Very low liabilities relative to assets, demonstrating strong financial stability and low financial risk.
Consistently generates substantial surpluses, with revenues significantly exceeding expenses in all reported periods.
Spending Breakdown
How Shen Yun Performing Arts 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
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 Shen Yun Performing Arts Inc
Is Shen Yun Performing Arts Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Shen Yun Performing Arts Inc (EIN: 208812402) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Shen Yun Performing Arts Inc a good charity to donate to?
Shen Yun Performing Arts Inc has a Mission Score of 85/100. Revenue: $44.8M. Assets: $290.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Shen Yun Performing Arts Inc?
The Employer Identification Number (EIN) for Shen Yun Performing Arts Inc is 208812402. 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 Shen Yun Performing Arts Inc spend its money?
Shen Yun Performing Arts Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Shen Yun Performing Arts Inc's tax-exempt status?
You can verify Shen Yun Performing Arts Inc's tax-exempt status using EIN 208812402 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
Shen Yun Performing Arts Inc demonstrates robust financial health, consistently reporting significant net assets and substantial revenue growth over the past decade. For instance, in 2023, the organization reported revenues of $51,515,988 against expenses of $18,063,357, leading to a substantial surplus and an increase in assets to $266,174,496. This trend of revenue far exceeding expenses is consistent across all reported periods, indicating strong financial management and fundraising capabilities. The organization's assets have grown from $48,960,678 in 2014 to $266,174,496 in 2023, a remarkable increase.
However, a detailed breakdown of spending efficiency is challenging to ascertain without specific program, administrative, and fundraising expense categories from the provided data. The overall expense ratio relative to revenue is quite low, suggesting either highly efficient operations or a significant portion of revenue being retained rather than spent on current activities. The consistent reporting of 0% officer compensation across all filings indicates a unique compensation structure, potentially relying on volunteer leadership or other forms of non-cash compensation, which enhances transparency regarding executive pay but might raise questions about the full cost of leadership.
Transparency regarding the allocation of expenses could be improved with more granular data. While the overall financial picture is strong, a deeper dive into how the $18,063,357 in expenses (2023) is distributed among program delivery, administrative overhead, and fundraising efforts would provide a clearer understanding of spending efficiency. The organization's consistent asset growth and low liabilities suggest a very stable financial position.