Balboa Park Cultural Partnership
Balboa Park Cultural Partnership consistently reports 0% officer compensation amidst stable financial growth.
EIN: 200857447 · San Diego, CA · NTEE: A20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.3M |
| Total Expenses | $4.0M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $2.3M |
| Transparency Score | 90/100 |
Is Balboa Park Cultural Partnership Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Balboa Park Cultural Partnership directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Balboa Park Cultural Partnership
Balboa Park Cultural Partnership (EIN: 200857447) is a nonprofit organization based in San Diego, CA, classified under NTEE code A20. The organization reported total revenue of $4.3M and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Balboa Park Cultural Partnership's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Balboa Park Cultural Partnership is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.4M |
| Total Expenses | $4.0M |
| Surplus / Deficit | +$449K |
| Total Assets | $3.4M |
| Total Liabilities | $1.1M |
| Net Assets | $2.3M |
| Operating Margin | 10.2% |
| Debt-to-Asset Ratio | 32.4% |
| Months of Reserves | 10.2 months |
Financial Health Grade: A
In 2023, Balboa Park Cultural Partnership reported a surplus of $449K with revenue exceeding expenses, holds 10.2 months of operating reserves (strong position), has a debt-to-asset ratio of 32.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Balboa Park Cultural Partnership's revenue has grown at a compound annual growth rate (CAGR) of 15.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +38.1% | +26.3% | +19.3% |
| 2022 | +110.4% | +109.7% | +13.2% |
| 2021 | -54.8% | -51.7% | +11.7% |
| 2020 | -24.3% | -31.3% | -12.7% |
| 2019 | -3.1% | +2.4% | +4.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
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 Balboa Park Cultural Partnership with a Mission Score of 90 out of 100 (Excellent). 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: 85%
- fundraising: 5%
According to IRS 990 filings, Balboa Park Cultural Partnership allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $449K, with revenue exceeding expenses.
- Debt-to-asset ratio: 32.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation from the organization. This is highly unusual for an organization with over $4 million in annual revenue and suggests a strong commitment to directing funds towards programmatic activities.
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.
Strengths
The following positive indicators were identified for Balboa Park Cultural Partnership:
- Consistent 0% officer compensation, indicating high efficiency and dedication of funds to mission.
- Healthy and growing asset base, increasing from $2,244,404 in 2020 to $3,385,826 in 2023.
- Consistent operational surpluses, such as $449,089 in 2023 (Revenue $4,419,067 - Expenses $3,969,978).
- Strong recovery in revenue post-pandemic, reaching $4,419,067 in 2023.
- Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
Frequently Asked Questions about Balboa Park Cultural Partnership
Is Balboa Park Cultural Partnership a legitimate charity?
Balboa Park Cultural Partnership (EIN: 200857447) is a registered tax-exempt nonprofit based in California. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $4.3M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Balboa Park Cultural Partnership spend its money?
Balboa Park Cultural Partnership directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Balboa Park Cultural Partnership tax-deductible?
Balboa Park Cultural Partnership is registered as a tax-exempt nonprofit (EIN: 200857447). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Balboa Park Cultural Partnership CEO make?
Balboa Park Cultural Partnership's highest-compensated officer earns $4 annually. The organization reported $4.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Balboa Park Cultural Partnership's spending goes to programs?
Balboa Park Cultural Partnership directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Balboa Park Cultural Partnership compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Balboa Park Cultural Partnership is above average for NTEE category A20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Balboa Park Cultural Partnership located?
Balboa Park Cultural Partnership is headquartered in San Diego, California and files with the IRS under EIN 200857447. It is classified under NTEE code A20.
How many years of IRS 990 filings does Balboa Park Cultural Partnership have?
Balboa Park Cultural Partnership 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 $4.3M in total revenue.
Is Balboa Park Cultural Partnership a good charity?
Based on the available financial data, Balboa Park Cultural Partnership appears to be a very good charity. They consistently report 0% officer compensation, maintain a healthy financial position with growing assets, and generally operate with a surplus, indicating efficient use of funds.
How has the organization's revenue trended over the past few years?
The organization's revenue has shown resilience, recovering from a pandemic-related dip of $1,520,617 in 2021 to $4,419,067 in 2023, which is comparable to pre-pandemic levels like $4,446,025 in 2019.
What is the organization's asset growth like?
Balboa Park Cultural Partnership has demonstrated consistent asset growth, increasing from $2,244,404 in 2020 to $3,385,826 in 2023, indicating strong financial health and stability.
Filing History
IRS 990 filing history for Balboa Park Cultural Partnership showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Balboa Park Cultural Partnership's revenue has grown by 453.3%, moving from $799K to $4.4M. Total assets increased by 1101.1% over the same period, from $282K to $3.4M. Total functional expenses rose by 319.8%, from $946K to $4.0M. In its most recent filing year (2023), Balboa Park Cultural Partnership reported a surplus of $449K, with revenue exceeding expenses. The organization holds $1.1M in liabilities against $3.4M in assets (debt-to-asset ratio: 32.4%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.4M | $4.0M | $3.4M | $1.1M | — | View 990 |
| 2022 | $3.2M | $3.1M | $2.8M | $1.0M | — | View 990 |
| 2021 | $1.5M | $1.5M | $2.5M | $722K | — | View 990 |
| 2020 | $3.4M | $3.1M | $2.2M | $498K | — | View 990 |
| 2019 | $4.4M | $4.5M | $2.6M | $1.1M | — | View 990 |
| 2018 | $4.6M | $4.4M | $2.5M | $908K | — | — |
| 2017 | $4.5M | $4.5M | $2.4M | $990K | — | View 990 |
| 2016 | $4.7M | $4.6M | $2.2M | $847K | — | View 990 |
| 2015 | $5.5M | $4.8M | $2.1M | $822K | — | View 990 |
| 2014 | $3.6M | $3.7M | $1.2M | $678K | — | View 990 |
| 2013 | $1.4M | $1.3M | $583K | $107K | — | View 990 |
| 2012 | $818K | $692K | $391K | $30K | — | View 990 |
| 2011 | $799K | $946K | $282K | $131K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.4M, expenses of $4.0M, and assets of $3.4M (revenue +38.1% year-over-year).
- 2022: Revenue of $3.2M, expenses of $3.1M, and assets of $2.8M (revenue +110.4% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.5M, and assets of $2.5M (revenue -54.8% year-over-year).
- 2020: Revenue of $3.4M, expenses of $3.1M, and assets of $2.2M (revenue -24.3% year-over-year).
- 2019: Revenue of $4.4M, expenses of $4.5M, and assets of $2.6M (revenue -3.1% year-over-year).
- 2018: Revenue of $4.6M, expenses of $4.4M, and assets of $2.5M (revenue +2.1% year-over-year).
- 2017: Revenue of $4.5M, expenses of $4.5M, and assets of $2.4M (revenue -4.2% year-over-year).
- 2016: Revenue of $4.7M, expenses of $4.6M, and assets of $2.2M (revenue -15.0% year-over-year).
- 2015: Revenue of $5.5M, expenses of $4.8M, and assets of $2.1M (revenue +52.4% year-over-year).
- 2014: Revenue of $3.6M, expenses of $3.7M, and assets of $1.2M (revenue +159.6% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.3M, and assets of $583K (revenue +70.7% year-over-year).
- 2012: Revenue of $818K, expenses of $692K, and assets of $391K (revenue +2.4% year-over-year).
- 2011: Revenue of $799K, expenses of $946K, and assets of $282K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Balboa Park Cultural Partnership:
Data Sources and Methodology
This transparency report for Balboa Park Cultural Partnership 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.