Is United States Institute For Theatre Technology Inc Legit?
Quick charity verification for United States Institute For Theatre Technology Inc (EIN: 136216921)
Verdict: United States Institute For Theatre Technology Inc appears trustworthy
85/100Mission Score
$5.5MRevenue
$4.7MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Strong revenue growth, with latest reported revenue at $5,472,568.
Consistent positive net assets, indicating financial stability (e.g., $4,408,746 assets vs. $1,330,830 liabilities in 202306).
No reported officer compensation across all 13 filings, suggesting efficient use of funds for leadership.
Regular and consistent IRS 990 filings over 13 periods, demonstrating transparency.
Spending Breakdown
How United States Institute For Theatre Technology 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 United States Institute For Theatre Technology Inc
Is United States Institute For Theatre Technology Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, United States Institute For Theatre Technology Inc (EIN: 136216921) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
Is United States Institute For Theatre Technology Inc a good charity to donate to?
United States Institute For Theatre Technology Inc has a Mission Score of 85/100. Revenue: $5.5M. Assets: $4.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for United States Institute For Theatre Technology Inc?
The Employer Identification Number (EIN) for United States Institute For Theatre Technology Inc is 136216921. 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 United States Institute For Theatre Technology Inc spend its money?
United States Institute For Theatre Technology Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify United States Institute For Theatre Technology Inc's tax-exempt status?
You can verify United States Institute For Theatre Technology Inc's tax-exempt status using EIN 136216921 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
United States Institute For Theatre Technology Inc (USITT) demonstrates a generally stable financial position, with assets consistently exceeding liabilities across its filing history. The organization has shown significant revenue growth, with the latest reported revenue at $5,472,568, a substantial increase from previous years. While expenses have also increased, USITT has managed to maintain a positive net income in several recent periods, such as 202306 where revenue was $3,153,155 against expenses of $3,101,119. The organization's consistent filing of IRS Form 990s over 13 periods indicates a commitment to transparency.
Spending efficiency appears to be reasonable, with a strong focus on program services. The absence of reported officer compensation across all available filings suggests that executive leadership may be volunteer-based or compensated through other means not categorized as officer compensation, which could contribute to lower administrative overhead. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories in the provided data, a precise assessment of spending efficiency is challenging.
Overall, USITT appears to be a financially sound organization with a history of growth and a commitment to public disclosure through its regular IRS filings. The significant increase in latest reported revenue suggests a healthy and expanding operation. Further detailed expense breakdowns would enhance the assessment of its operational efficiency and resource allocation.