Quick charity verification for Wolf Performing Arts Center Inc (EIN: 203193765)
Verdict: Wolf Performing Arts Center Inc appears trustworthy
90/100Mission Score
$1.7MRevenue
$1.2MAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which is unusual for an organization of this size and could warrant further inquiry into how leadership is compensated.
Strengths
Strong and consistent revenue growth, with current revenue at $1,675,856.
Efficient operations, consistently spending less than revenue, contributing to net asset growth.
Low liabilities relative to assets, demonstrating a strong balance sheet (e.g., 202308 liabilities of $175,909 vs. assets of $1,074,228).
Spending Breakdown
How Wolf Performing Arts Center 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 Wolf Performing Arts Center Inc
Is Wolf Performing Arts Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wolf Performing Arts Center Inc (EIN: 203193765) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Wolf Performing Arts Center Inc a good charity to donate to?
Wolf Performing Arts Center Inc has a Mission Score of 90/100. Revenue: $1.7M. Assets: $1.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Wolf Performing Arts Center Inc?
The Employer Identification Number (EIN) for Wolf Performing Arts Center Inc is 203193765. 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 Wolf Performing Arts Center Inc spend its money?
Wolf Performing Arts Center Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Wolf Performing Arts Center Inc's tax-exempt status?
You can verify Wolf Performing Arts Center Inc's tax-exempt status using EIN 203193765 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
Wolf Performing Arts Center Inc demonstrates a consistent pattern of growth in revenue and assets over the past decade, indicating sound financial health. Their latest reported revenue of $1,675,856 and assets of $1,189,387 show a significant increase from previous years, with revenue nearly doubling since 2019. The organization consistently spends less than it earns, as seen in the 202308 period where expenses were $1,297,900 against revenues of $1,336,589, contributing to asset accumulation. This operational efficiency suggests good stewardship of funds.
The organization's financial transparency is bolstered by its consistent filing of IRS Form 990s, with 12 filings available. A notable aspect is the reported 0% officer compensation across all available filings, which, if accurate, indicates that executive leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which could be a positive for donor confidence. The NTEE code A61 (Performing Arts Schools) aligns with their mission, and the financial data supports their capacity to deliver programs.