Area Community Theatre In Mitchell Incorporated
EIN: 460412192 · Mitchell, SD · NTEE: A650
| Metric | Value |
|---|---|
| Total Revenue | $174K |
| Total Expenses | $200K |
| Net Assets | $535K |
Is Area Community Theatre In Mitchell Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Area Community Theatre In Mitchell Incorporated
Area Community Theatre In Mitchell Incorporated (EIN: 460412192) is a nonprofit organization based in Mitchell, SD, classified under NTEE code A650. The organization reported total revenue of $174K and total assets of $524K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Area Community Theatre In Mitchell Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Area Community Theatre In Mitchell Incorporated is a small nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $181K |
| Total Expenses | $200K |
| Surplus / Deficit | $-19,565 |
| Total Assets | $544K |
| Total Liabilities | $9K |
| Net Assets | $535K |
| Operating Margin | -10.8% |
| Debt-to-Asset Ratio | 1.6% |
| Months of Reserves | 32.6 months |
Financial Health Grade: B
In 2023, Area Community Theatre In Mitchell Incorporated reported a deficit of $20K with expenses exceeding revenue, holds 32.6 months of operating reserves (strong position), has a debt-to-asset ratio of 1.6% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2023), Area Community Theatre In Mitchell Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -21.7% | -6.1% | -2.5% |
| 2022 | +39.0% | +27.4% | +3.0% |
| 2021 | +20.2% | +9.1% | +0.7% |
| 2020 | -16.6% | -27.0% | -2.7% |
| 2019 | +97.5% | +99.1% | -7.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Area Community Theatre In Mitchell Incorporated has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Area Community Theatre In Mitchell Incorporated with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $20K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.6%.
Frequently Asked Questions about Area Community Theatre In Mitchell Incorporated
Is Area Community Theatre In Mitchell Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Area Community Theatre In Mitchell Incorporated (EIN: 460412192) insufficient data. 0 red flags identified, 0 strengths noted.
How does Area Community Theatre In Mitchell Incorporated spend its money?
Detailed spending breakdown data is not yet available for Area Community Theatre In Mitchell Incorporated. Check back for updated IRS 990 analysis.
Are donations to Area Community Theatre In Mitchell Incorporated tax-deductible?
Area Community Theatre In Mitchell Incorporated is registered as a tax-exempt nonprofit (EIN: 460412192). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Area Community Theatre In Mitchell Incorporated located?
Area Community Theatre In Mitchell Incorporated is headquartered in Mitchell, South Dakota and files with the IRS under EIN 460412192. It is classified under NTEE code A650.
How many years of IRS 990 filings does Area Community Theatre In Mitchell Incorporated have?
Area Community Theatre In Mitchell Incorporated 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 $174K in total revenue.
Filing History
IRS 990 filing history for Area Community Theatre In Mitchell Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2023), Area Community Theatre In Mitchell Incorporated's revenue has grown by 37.1%, moving from $132K to $181K. Total assets decreased by 28.6% over the same period, from $761K to $544K. Total functional expenses rose by 23.8%, from $162K to $200K. In its most recent filing year (2023), Area Community Theatre In Mitchell Incorporated reported a deficit of $20K, with expenses exceeding revenue. The organization holds $9K in liabilities against $544K in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $535K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $181K | $200K | $544K | $9K | — | — |
| 2022 | $231K | $213K | $558K | $3K | — | View 990 |
| 2021 | $166K | $167K | $542K | $5K | — | View 990 |
| 2020 | $138K | $153K | $538K | $101 | — | — |
| 2019 | $166K | $210K | $553K | $0 | — | View 990 |
| 2018 | $84K | $105K | $598K | $0 | — | View 990 |
| 2018 | $193K | $217K | $619K | $0 | — | View 990 |
| 2017 | $173K | $192K | $643K | $104 | — | View 990 |
| 2016 | $172K | $213K | $662K | $528 | — | View 990 |
| 2015 | $155K | $216K | $709K | $6K | — | View 990 |
| 2014 | $207K | $188K | $767K | $3K | — | View 990 |
| 2013 | $149K | $165K | $745K | $1K | — | View 990 |
| 2012 | $132K | $162K | $761K | $787 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $181K, expenses of $200K, and assets of $544K (revenue -21.7% year-over-year).
- 2022: Revenue of $231K, expenses of $213K, and assets of $558K (revenue +39.0% year-over-year).
- 2021: Revenue of $166K, expenses of $167K, and assets of $542K (revenue +20.2% year-over-year).
- 2020: Revenue of $138K, expenses of $153K, and assets of $538K (revenue -16.6% year-over-year).
- 2019: Revenue of $166K, expenses of $210K, and assets of $553K (revenue +97.5% year-over-year).
- 2018: Revenue of $84K, expenses of $105K, and assets of $598K (revenue -56.6% year-over-year).
- 2018: Revenue of $193K, expenses of $217K, and assets of $619K (revenue +11.5% year-over-year).
- 2017: Revenue of $173K, expenses of $192K, and assets of $643K (revenue +0.9% year-over-year).
- 2016: Revenue of $172K, expenses of $213K, and assets of $662K (revenue +10.6% year-over-year).
- 2015: Revenue of $155K, expenses of $216K, and assets of $709K (revenue -25.1% year-over-year).
- 2014: Revenue of $207K, expenses of $188K, and assets of $767K (revenue +38.8% year-over-year).
- 2013: Revenue of $149K, expenses of $165K, and assets of $745K (revenue +13.2% year-over-year).
- 2012: Revenue of $132K, expenses of $162K, and assets of $761K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Area Community Theatre In Mitchell Incorporated:
Data Sources and Methodology
This transparency report for Area Community Theatre In Mitchell Incorporated 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.