Quick charity verification for Theatre Horizon (EIN: 203708656)
Verdict: Theatre Horizon appears trustworthy
85/100Mission Score
$1.2MRevenue
$1.5MAssets
1Red Flags
4Strengths
Red Flags
Significant deficit in the most recent fiscal year (2023), with expenses exceeding revenue by over $500,000.
Strengths
Consistent reporting of 0% officer compensation across all filings, indicating excellent executive compensation practices.
Strong asset growth over the past decade, from $448,145 in 2013 to $1,938,330 in 2023.
Generally low liabilities relative to assets, demonstrating good financial management.
Consistent filing of IRS Form 990s, indicating transparency and compliance.
Spending Breakdown
How Theatre Horizon 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 Theatre Horizon
Is Theatre Horizon a legitimate charity?
Based on AI analysis of IRS 990 filings, Theatre Horizon (EIN: 203708656) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Theatre Horizon a good charity to donate to?
Theatre Horizon has a Mission Score of 85/100. Revenue: $1.2M. Assets: $1.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Theatre Horizon?
The Employer Identification Number (EIN) for Theatre Horizon is 203708656. 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 Theatre Horizon spend its money?
Theatre Horizon allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Theatre Horizon's tax-exempt status?
You can verify Theatre Horizon's tax-exempt status using EIN 203708656 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
Theatre Horizon demonstrates a generally healthy financial position, with assets consistently exceeding liabilities across all reported periods. The organization has shown significant growth in revenue and assets over the past decade, with assets growing from $448,145 in 2013 to $1,938,330 in 2023. While there was a notable deficit in the 2023 fiscal year, with expenses exceeding revenue by over $500,000, this follows two years of substantial surpluses in 2021 and 2022. The organization's consistent reporting and zero officer compensation indicate a commitment to transparency and efficient use of funds, particularly regarding executive pay. The fluctuation in annual revenue and expenses suggests a dynamic operational environment, but the overall trend points to a growing and stable organization.