Quick charity verification for The Park Theatre Inc (EIN: 203053280)
Verdict: The Park Theatre Inc appears trustworthy
80/100Mission Score
$900KRevenue
$5.4MAssets
2Red Flags
3Strengths
Red Flags
Consistent operational deficits in recent years (e.g., 202306: Expenses $736,536 > Revenue $674,622)
Significant increase in liabilities over time, reaching $2,103,599 in 202306
Strengths
Strong asset growth from $756,734 in 2014 to $5,441,644 currently
Consistent reporting of 0% officer compensation, indicating high resource allocation to mission
Clear focus on its NTEE mission (Performing Arts Centers)
Spending Breakdown
How The Park Theatre 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
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 The Park Theatre Inc
Is The Park Theatre Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Park Theatre Inc (EIN: 203053280) appears trustworthy. Mission Score: 80/100. 2 red flags identified, 3 strengths noted.
Is The Park Theatre Inc a good charity to donate to?
The Park Theatre Inc has a Mission Score of 80/100. Revenue: $900K. Assets: $5.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Park Theatre Inc?
The Employer Identification Number (EIN) for The Park Theatre Inc is 203053280. 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 The Park Theatre Inc spend its money?
The Park Theatre Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Park Theatre Inc's tax-exempt status?
You can verify The Park Theatre Inc's tax-exempt status using EIN 203053280 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
The Park Theatre Inc. demonstrates a consistent commitment to its mission as evidenced by its NTEE code (A61 - Performing Arts Centers). The organization has shown significant growth in assets, from $756,734 in 2014 to $5,441,644 currently, indicating successful capital campaigns or asset acquisition. However, recent filings show a trend where expenses have exceeded revenue, with 202306 reporting expenses of $736,536 against revenue of $674,622, and 202206 showing expenses of $719,010 against revenue of $623,700. This operational deficit, while not immediately critical given substantial assets, warrants close monitoring to ensure long-term financial stability. The organization consistently reports 0% officer compensation, which is a strong indicator of transparency and a focus on mission-related spending rather than executive enrichment.
While the organization's asset growth is impressive, the recent operational deficits suggest a need to either increase revenue streams or optimize spending. The liabilities have also increased significantly over time, reaching $2,103,599 in 202306, which should be considered in conjunction with its assets. The consistent reporting of zero officer compensation across all available filings is a notable strength, indicating that resources are not being diverted to high executive salaries. Overall, the organization appears to be transparent in its financial reporting, but its recent financial performance suggests a need for strategic adjustments to ensure sustainable operations.