Is Wilson And Carol Trueblood Performing Arts Center Inc Legit?
Quick charity verification for Wilson And Carol Trueblood Performing Arts Center Inc (EIN: 200625615)
Verdict: Wilson And Carol Trueblood Performing Arts Center Inc shows mixed signals
55/100Mission Score
$148KRevenue
$1.4MAssets
3Red Flags
3Strengths
Red Flags
Consistent operating deficits: Expenses have exceeded revenue in most reported years (e.g., $192,092 expenses vs. $93,296 revenue in 2022).
Declining asset base: Total assets have decreased from $1,996,458 in 2013 to $1,511,876 in 2022.
High expense-to-revenue ratio: In 2022, expenses were more than double the revenue, indicating significant financial strain.
Strengths
Substantial asset base: Despite declines, the organization still holds over $1.4 million in assets, providing some financial cushion.
No reported officer compensation: This indicates a volunteer-driven leadership, minimizing executive overhead.
Consistent IRS 990 filing history: Demonstrates a commitment to transparency by regularly submitting required financial documents.
Spending Breakdown
How Wilson And Carol Trueblood Performing Arts Center 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 Wilson And Carol Trueblood Performing Arts Center Inc
Is Wilson And Carol Trueblood Performing Arts Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wilson And Carol Trueblood Performing Arts Center Inc (EIN: 200625615) shows mixed signals. Mission Score: 55/100. 3 red flags identified, 3 strengths noted.
Is Wilson And Carol Trueblood Performing Arts Center Inc a good charity to donate to?
Wilson And Carol Trueblood Performing Arts Center Inc has a Mission Score of 55/100. Revenue: $148K. Assets: $1.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Wilson And Carol Trueblood Performing Arts Center Inc?
The Employer Identification Number (EIN) for Wilson And Carol Trueblood Performing Arts Center Inc is 200625615. 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 Wilson And Carol Trueblood Performing Arts Center Inc spend its money?
Wilson And Carol Trueblood Performing Arts Center Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Wilson And Carol Trueblood Performing Arts Center Inc's tax-exempt status?
You can verify Wilson And Carol Trueblood Performing Arts Center Inc's tax-exempt status using EIN 200625615 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 Wilson And Carol Trueblood Performing Arts Center Inc. appears to be in a challenging financial position, as indicated by its consistent operating deficits over the past several years. For instance, in 2022, the organization reported revenues of $93,296 against expenses of $192,092, resulting in a significant deficit. This trend of expenses exceeding revenue is evident across multiple years, leading to a gradual decline in total assets from $1,996,458 in 2013 to $1,511,876 in 2022. While the organization maintains substantial assets relative to its annual revenue, the sustained operational losses are a concern for long-term sustainability.
The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses. However, the consistent deficits suggest that current revenue streams are insufficient to cover operational costs. The absence of reported officer compensation across all filings indicates a potential reliance on volunteer leadership, which can be a positive for minimizing administrative overhead, but also raises questions about the capacity for strategic financial management given the ongoing deficits. Transparency regarding the allocation of expenses would provide a clearer picture of where funds are being utilized.
Given the available data, the organization demonstrates a degree of transparency by filing its IRS 990s consistently. However, the financial health shows signs of strain due to persistent operating losses. Addressing the revenue-expense imbalance will be crucial for the organization's future viability and its ability to continue its mission in the performing arts.