Quick charity verification for Theatre Y (EIN: 208459362)
Verdict: Theatre Y appears trustworthy
85/100Mission Score
$409KRevenue
$1.6MAssets
3Red Flags
3Strengths
Red Flags
Highly volatile financial performance with extreme year-over-year changes in revenue and assets, particularly the jump in 2023.
Significant increase in liabilities in 2023 without clear context in the provided data.
Consistent 0% officer compensation, which, while seemingly positive, can sometimes indicate reliance on unpaid labor or alternative compensation structures that may not be fully transparent.
Strengths
Demonstrated ability to generate substantial revenue, as evidenced by the $897,522 in 2023.
Strong asset growth in the latest period, indicating potential for future program expansion.
Consistent reporting of 0% officer compensation, suggesting a commitment to minimizing executive overhead.
Spending Breakdown
How Theatre Y 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 Theatre Y
Is Theatre Y a legitimate charity?
Based on AI analysis of IRS 990 filings, Theatre Y (EIN: 208459362) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 3 strengths noted.
Is Theatre Y a good charity to donate to?
Theatre Y has a Mission Score of 85/100. Revenue: $409K. Assets: $1.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Theatre Y?
The Employer Identification Number (EIN) for Theatre Y is 208459362. 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 Y spend its money?
Theatre Y allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Theatre Y's tax-exempt status?
You can verify Theatre Y's tax-exempt status using EIN 208459362 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 Y demonstrates a highly variable financial performance over the past decade, with a significant surge in revenue and assets in its latest filing (202312). The organization reported $897,522 in revenue against $229,672 in expenses, resulting in a substantial surplus. This contrasts sharply with previous years where revenues were consistently below $200,000. The dramatic increase in assets to $1,463,039 in 2023 from $129,603 in 2022, alongside a rise in liabilities to $665,876, suggests a major financial event or capital acquisition, which warrants further investigation to understand its long-term implications and sustainability. The consistent reporting of 0% officer compensation across all filings indicates a commitment to minimizing administrative overhead in this area, enhancing transparency regarding executive pay.