Angkor Dance Troupe Inc
Angkor Dance Troupe: Strong Program Spending, but Declining Revenue and Transparency Gaps
EIN: 223066416 · Lowell, MA · NTEE: A230 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $709K |
| Total Expenses | $293K |
| Program Spending | 80% |
| Net Assets | $379K |
| Transparency Score | 75/100 |
Is Angkor Dance Troupe Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Angkor Dance Troupe Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Angkor Dance Troupe Inc
Angkor Dance Troupe Inc (EIN: 223066416) is a nonprofit organization based in Lowell, MA, classified under NTEE code A230. The organization reported total revenue of $709K and total assets of $658K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Angkor Dance Troupe Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Angkor Dance Troupe Inc is a small nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $233K |
| Total Expenses | $293K |
| Surplus / Deficit | $-59,601 |
| Total Assets | $383K |
| Total Liabilities | $4K |
| Net Assets | $379K |
| Operating Margin | -25.6% |
| Debt-to-Asset Ratio | 1.1% |
| Months of Reserves | 15.7 months |
Financial Health Grade: B
In 2023, Angkor Dance Troupe Inc reported a deficit of $60K with expenses exceeding revenue, holds 15.7 months of operating reserves (strong position), has a debt-to-asset ratio of 1.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Angkor Dance Troupe Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -43.9% | +159.9% | -13.9% |
| 2022 | +220.4% | +121.5% | +218.2% |
| 2021 | +50.8% | -5.0% | +143.5% |
| 2020 | +4.4% | -41.0% | +163.3% |
| 2019 | -10.7% | -26.5% | -28.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Angkor Dance Troupe Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Angkor Dance Troupe Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $60K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.1%.
Executive Compensation Analysis
Based on available data, executive compensation is not separately itemized, preventing a specific assessment of its reasonableness.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Angkor Dance Troupe Inc's IRS 990 filings:
- Revenue has shown a significant decline from $708,918 in 2023 to $85,938 in 2020, and then a rebound to $708,918 in 2023, indicating potential instability or reliance on specific funding cycles.
- The 'c0%' in financial filings for executive compensation suggests either no compensation or it's bundled within other expense categories, which lacks transparency.
Strengths
The following positive indicators were identified for Angkor Dance Troupe Inc:
- Consistently high percentage of expenses allocated to programs, demonstrating a commitment to their mission.
- Maintained positive net assets in most years, indicating financial stability despite revenue fluctuations.
Frequently Asked Questions about Angkor Dance Troupe Inc
Is Angkor Dance Troupe Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Angkor Dance Troupe Inc (EIN: 223066416) some concerns. Mission Score: 75/100. 2 red flags identified, 2 strengths noted.
How does Angkor Dance Troupe Inc spend its money?
Angkor Dance Troupe Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Angkor Dance Troupe Inc tax-deductible?
Angkor Dance Troupe Inc is registered as a tax-exempt nonprofit (EIN: 223066416). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Angkor Dance Troupe Inc's spending goes to programs?
Angkor Dance Troupe Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Angkor Dance Troupe Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Angkor Dance Troupe Inc is above average for NTEE category A230 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Angkor Dance Troupe Inc located?
Angkor Dance Troupe Inc is headquartered in Lowell, Massachusetts and files with the IRS under EIN 223066416. It is classified under NTEE code A230.
How many years of IRS 990 filings does Angkor Dance Troupe Inc have?
Angkor Dance Troupe Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $709K in total revenue.
What does Angkor Dance Troupe Inc do?
Angkor Dance Troupe Inc is a nonprofit organization in the Arts, Culture & Humanities sector, located in Lowell, Massachusetts. It is classified under NTEE code A230.
How much revenue does Angkor Dance Troupe Inc have?
Angkor Dance Troupe Inc reported total revenue of $708,918. Based on 13 IRS 990 filings on record.
What are Angkor Dance Troupe Inc's total assets?
Angkor Dance Troupe Inc holds total assets of $658,184 as reported in IRS 990 filings.
Where is Angkor Dance Troupe Inc located?
Angkor Dance Troupe Inc is based in Lowell, Massachusetts.
What is Angkor Dance Troupe Inc's EIN?
Angkor Dance Troupe Inc's Employer Identification Number (EIN) is 223066416. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Angkor Dance Troupe Inc?
Angkor Dance Troupe Inc is classified under NTEE code A230 (Arts, Culture & Humanities).
Is Angkor Dance Troupe Inc a registered 501(c)(3)?
Yes, Angkor Dance Troupe Inc is recognized as a tax-exempt organization by the IRS. EIN: 223066416.
Does Angkor Dance Troupe Inc file IRS Form 990?
Yes, Angkor Dance Troupe Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Angkor Dance Troupe Inc's revenue in 2023?
In the 202306 filing period, Angkor Dance Troupe Inc reported total revenue of $233,123, total expenses of $292,724, and net assets of $382,801.
Is Angkor Dance Troupe Inc's revenue growing or declining?
Angkor Dance Troupe Inc's revenue is declining. Revenue went from $415,250 (202206) to $233,123 (202306), a -43.9% change. Based on 13 filings on record.
What is Angkor Dance Troupe Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Angkor Dance Troupe Inc covers tax period 202306. It shows revenue of $233,123, expenses of $292,724, total assets of $382,801, and liabilities of $4,259.
How much does Angkor Dance Troupe Inc spend on programs vs administration?
Based on IRS 990 analysis, Angkor Dance Troupe Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Angkor Dance Troupe Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Angkor Dance Troupe Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 2 strengths noted.
What are the red flags for Angkor Dance Troupe Inc?
The following concerns were identified: Revenue has shown a significant decline from $708,918 in 2023 to $85,938 in 2020, and then a rebound to $708,918 in 2023, indicating potential instability or reliance on specific funding cycles.. The 'c0%' in financial filings for executive compensation suggests either no compensation or it's bundled within other expense categories, which lacks transparency.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Angkor Dance Troupe Inc's strengths?
Positive indicators for Angkor Dance Troupe Inc include: Consistently high percentage of expenses allocated to programs, demonstrating a commitment to their mission.. Maintained positive net assets in most years, indicating financial stability despite revenue fluctuations.. These findings are derived from AI analysis of the organization's financial filings.
How does Angkor Dance Troupe Inc compensate executives?
Based on available data, executive compensation is not separately itemized, preventing a specific assessment of its reasonableness. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What factors contributed to the significant revenue fluctuations, particularly the sharp drop in 2020 and subsequent recovery?
The provided data does not specify the reasons for the revenue volatility. It could be due to grant cycles, specific fundraising campaigns, or external events like the COVID-19 pandemic impacting performing arts organizations.
How does Angkor Dance Troupe ensure that the 'c0%' for executive compensation is accurate and that no executive compensation is hidden within other expense categories?
Without more detailed breakdowns in the financial filings, it's difficult to ascertain. Best practice would be to explicitly state executive compensation, even if it's zero, or to clearly define where it's included if bundled.
Filing History
IRS 990 filing history for Angkor Dance Troupe Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Angkor Dance Troupe Inc's revenue has grown by 135.2%, moving from $99K to $233K. Total assets increased by 524% over the same period, from $61K to $383K. Total functional expenses rose by 179.7%, from $105K to $293K. In its most recent filing year (2023), Angkor Dance Troupe Inc reported a deficit of $60K, with expenses exceeding revenue. The organization holds $4K in liabilities against $383K in assets (debt-to-asset ratio: 1.1%), resulting in net assets of $379K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $233K | $293K | $383K | $4K | — | View 990 |
| 2022 | $415K | $113K | $444K | $6K | — | View 990 |
| 2021 | $130K | $51K | $140K | $2K | — | View 990 |
| 2020 | $86K | $54K | $57K | $1K | — | View 990 |
| 2019 | $82K | $91K | $22K | $0 | — | View 990 |
| 2018 | $92K | $123K | $30K | $0 | — | View 990 |
| 2017 | $155K | $162K | $61K | $0 | — | View 990 |
| 2016 | $159K | $156K | $69K | $1K | — | View 990 |
| 2015 | $136K | $104K | $73K | $7K | — | View 990 |
| 2014 | $67K | $80K | $38K | $5K | — | View 990 |
| 2013 | $120K | $103K | $49K | $2K | — | View 990 |
| 2012 | $66K | $89K | $36K | $7K | — | View 990 |
| 2011 | $99K | $105K | $61K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $233K, expenses of $293K, and assets of $383K (revenue -43.9% year-over-year).
- 2022: Revenue of $415K, expenses of $113K, and assets of $444K (revenue +220.4% year-over-year).
- 2021: Revenue of $130K, expenses of $51K, and assets of $140K (revenue +50.8% year-over-year).
- 2020: Revenue of $86K, expenses of $54K, and assets of $57K (revenue +4.4% year-over-year).
- 2019: Revenue of $82K, expenses of $91K, and assets of $22K (revenue -10.7% year-over-year).
- 2018: Revenue of $92K, expenses of $123K, and assets of $30K (revenue -40.3% year-over-year).
- 2017: Revenue of $155K, expenses of $162K, and assets of $61K (revenue -2.8% year-over-year).
- 2016: Revenue of $159K, expenses of $156K, and assets of $69K (revenue +16.4% year-over-year).
- 2015: Revenue of $136K, expenses of $104K, and assets of $73K (revenue +103.5% year-over-year).
- 2014: Revenue of $67K, expenses of $80K, and assets of $38K (revenue -44.3% year-over-year).
- 2013: Revenue of $120K, expenses of $103K, and assets of $49K (revenue +82.8% year-over-year).
- 2012: Revenue of $66K, expenses of $89K, and assets of $36K (revenue -33.6% year-over-year).
- 2011: Revenue of $99K, expenses of $105K, and assets of $61K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Angkor Dance Troupe Inc:
Data Sources and Methodology
This transparency report for Angkor Dance Troupe Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.