Quick charity verification for Syracuse Area Landmark Theatre (EIN: 222148823)
Verdict: Syracuse Area Landmark Theatre appears trustworthy
75/100Mission Score
$4.5MRevenue
$21.5MAssets
3Red Flags
3Strengths
Red Flags
Consistent reporting of $0 executive compensation raises questions about the true nature of leadership compensation or potential underreporting.
Extreme revenue volatility, particularly the drop from $15.2M in 2022 to $3.8M in 2023, indicates potential instability or reliance on infrequent large grants/events.
The significant increase in liabilities from $465,283 in 2016 to $12,994,482 in 2019, and remaining high, suggests substantial debt or long-term obligations.
Strengths
The organization maintains substantial assets, with total assets consistently above $17 million since 2018, indicating a strong financial base.
Despite revenue fluctuations, the organization has consistently reported positive net assets (assets exceeding liabilities) in recent years.
The theatre's continued operation and asset growth suggest resilience in fulfilling its mission despite financial challenges.
AI Transparency Report
Syracuse Area Landmark Theatre is a arts, culture & humanities nonprofit based in Syracuse, New York, with reported revenue of $4.5M and assets of $21.5M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 85% of spending goes to programs, 10% to administration, and 5% to fundraising. The filings consistently report $0 in compensation for officers, directors, trustees, and key employees, which is highly atypical and warrants further investigation into how leadership is compensated or if these roles are entirely volunteer-based. Revenue has declined -27% across 13 filing periods.