Bemidji Community Theater
EIN: 300524956 · Bemidji, MN · NTEE: A99
| Metric | Value |
|---|---|
| Total Revenue | $165K |
| Total Expenses | $175K |
| Net Assets | $310K |
Is Bemidji Community Theater Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bemidji Community Theater
Bemidji Community Theater (EIN: 300524956) is a nonprofit organization based in Bemidji, MN, classified under NTEE code A99. The organization reported total revenue of $165K and total assets of $620K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bemidji Community Theater's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bemidji Community Theater is a small nonprofit that has been operating for 17 years, with 10 years of IRS 990 filings on record (2015–2024). Revenue has grown at a compound annual rate of 9.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $155K |
| Total Expenses | $175K |
| Surplus / Deficit | $-19,826 |
| Total Assets | $618K |
| Total Liabilities | $308K |
| Net Assets | $310K |
| Operating Margin | -12.8% |
| Debt-to-Asset Ratio | 49.9% |
| Months of Reserves | 42.5 months |
Financial Health Grade: B
In 2024, Bemidji Community Theater reported a deficit of $20K with expenses exceeding revenue, holds 42.5 months of operating reserves (strong position), has a debt-to-asset ratio of 49.9% (moderate leverage).
Financial Trends
Over 10 years of filings (2015–2024), Bemidji Community Theater's revenue has grown at a compound annual growth rate (CAGR) of 9.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +25.0% | +15.8% | -3.7% |
| 2023 | -31.8% | -8.4% | -4.5% |
| 2022 | +9.0% | +112.2% | +4.1% |
| 2021 | +0.5% | -4.1% | +15.3% |
| 2020 | -13.7% | -29.7% | +32.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bemidji Community Theater 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 Bemidji Community Theater 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $20K, with expenses exceeding revenue.
- Debt-to-asset ratio: 49.9%.
Frequently Asked Questions about Bemidji Community Theater
Is Bemidji Community Theater a legitimate charity?
Based on AI analysis of IRS 990 filings, Bemidji Community Theater (EIN: 300524956) insufficient data. 0 red flags identified, 0 strengths noted.
How does Bemidji Community Theater spend its money?
Detailed spending breakdown data is not yet available for Bemidji Community Theater. Check back for updated IRS 990 analysis.
Are donations to Bemidji Community Theater tax-deductible?
Bemidji Community Theater is registered as a tax-exempt nonprofit (EIN: 300524956). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bemidji Community Theater located?
Bemidji Community Theater is headquartered in Bemidji, Minnesota and files with the IRS under EIN 300524956. It is classified under NTEE code A99.
How many years of IRS 990 filings does Bemidji Community Theater have?
Bemidji Community Theater has 10 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 $165K in total revenue.
Filing History
IRS 990 filing history for Bemidji Community Theater showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2015–2024), Bemidji Community Theater's revenue has grown by 133.4%, moving from $66K to $155K. Total assets increased by 1166.1% over the same period, from $49K to $618K. Total functional expenses rose by 226%, from $54K to $175K. In its most recent filing year (2024), Bemidji Community Theater reported a deficit of $20K, with expenses exceeding revenue. The organization holds $308K in liabilities against $618K in assets (debt-to-asset ratio: 49.9%), resulting in net assets of $310K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $155K | $175K | $618K | $308K | — | — |
| 2023 | $124K | $151K | $641K | $312K | — | View 990 |
| 2022 | $182K | $165K | $672K | $315K | — | View 990 |
| 2021 | $167K | $78K | $645K | $306K | — | — |
| 2020 | $166K | $81K | $560K | $310K | — | View 990 |
| 2019 | $192K | $115K | $424K | $257K | — | View 990 |
| 2018 | $117K | $93K | $350K | $260K | — | View 990 |
| 2017 | $85K | $72K | $65K | $0 | — | View 990 |
| 2016 | $78K | $67K | $53K | $0 | — | View 990 |
| 2015 | $66K | $54K | $49K | $0 | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $155K, expenses of $175K, and assets of $618K (revenue +25.0% year-over-year).
- 2023: Revenue of $124K, expenses of $151K, and assets of $641K (revenue -31.8% year-over-year).
- 2022: Revenue of $182K, expenses of $165K, and assets of $672K (revenue +9.0% year-over-year).
- 2021: Revenue of $167K, expenses of $78K, and assets of $645K (revenue +0.5% year-over-year).
- 2020: Revenue of $166K, expenses of $81K, and assets of $560K (revenue -13.7% year-over-year).
- 2019: Revenue of $192K, expenses of $115K, and assets of $424K (revenue +64.5% year-over-year).
- 2018: Revenue of $117K, expenses of $93K, and assets of $350K (revenue +38.0% year-over-year).
- 2017: Revenue of $85K, expenses of $72K, and assets of $65K (revenue +9.1% year-over-year).
- 2016: Revenue of $78K, expenses of $67K, and assets of $53K (revenue +16.9% year-over-year).
- 2015: Revenue of $66K, expenses of $54K, and assets of $49K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bemidji Community Theater:
Data Sources and Methodology
This transparency report for Bemidji Community Theater 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.