Bi Okoto Drum & Dance Theatre
EIN: 311440549 · Cincinnati, OH · NTEE: A230
| Metric | Value |
|---|---|
| Total Revenue | $357K |
| Total Expenses | $494K |
| Net Assets | $457K |
Is Bi Okoto Drum & Dance Theatre Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bi Okoto Drum & Dance Theatre
Bi Okoto Drum & Dance Theatre (EIN: 311440549) is a nonprofit organization based in Cincinnati, OH, classified under NTEE code A230. The organization reported total revenue of $357K and total assets of $952K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bi Okoto Drum & Dance Theatre's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bi Okoto Drum & Dance Theatre is a small nonprofit that has been operating for 24 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 4.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $501K |
| Total Expenses | $494K |
| Surplus / Deficit | +$7K |
| Total Assets | $880K |
| Total Liabilities | $423K |
| Net Assets | $457K |
| Operating Margin | 1.4% |
| Debt-to-Asset Ratio | 48.0% |
| Months of Reserves | 21.4 months |
Financial Health Grade: A
In 2023, Bi Okoto Drum & Dance Theatre reported a surplus of $7K with revenue exceeding expenses, holds 21.4 months of operating reserves (strong position), has a debt-to-asset ratio of 48.0% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Bi Okoto Drum & Dance Theatre's revenue has grown at a compound annual growth rate (CAGR) of 4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.4% | +23.5% | -5.6% |
| 2022 | +22.6% | +23.2% | +0.5% |
| 2021 | +7.1% | +30.1% | -1.6% |
| 2020 | +17.5% | -0.5% | +3.3% |
| 2019 | -16.8% | -24.3% | +13.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bi Okoto Drum & Dance Theatre 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 Bi Okoto Drum & Dance Theatre 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 surplus of $7K, with revenue exceeding expenses.
- Debt-to-asset ratio: 48.0%.
Frequently Asked Questions about Bi Okoto Drum & Dance Theatre
Is Bi Okoto Drum & Dance Theatre a legitimate charity?
Bi Okoto Drum & Dance Theatre (EIN: 311440549) is a registered tax-exempt nonprofit based in Ohio. It has 14 years of IRS 990 filings on record. Total revenue: $357K. No red flags identified. Financial health grade: A.
How does Bi Okoto Drum & Dance Theatre spend its money?
Bi Okoto Drum & Dance Theatre reported $357K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Bi Okoto Drum & Dance Theatre tax-deductible?
Bi Okoto Drum & Dance Theatre is registered as a tax-exempt nonprofit (EIN: 311440549). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bi Okoto Drum & Dance Theatre located?
Bi Okoto Drum & Dance Theatre is headquartered in Cincinnati, Ohio and files with the IRS under EIN 311440549. It is classified under NTEE code A230.
How many years of IRS 990 filings does Bi Okoto Drum & Dance Theatre have?
Bi Okoto Drum & Dance Theatre has 14 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 $357K in total revenue.
Filing History
IRS 990 filing history for Bi Okoto Drum & Dance Theatre showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Bi Okoto Drum & Dance Theatre's revenue has grown by 85.3%, moving from $271K to $501K. Total assets increased by 1446.1% over the same period, from $57K to $880K. Total functional expenses rose by 104.5%, from $241K to $494K. In its most recent filing year (2023), Bi Okoto Drum & Dance Theatre reported a surplus of $7K, with revenue exceeding expenses. The organization holds $423K in liabilities against $880K in assets (debt-to-asset ratio: 48.0%), resulting in net assets of $457K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $501K | $494K | $880K | $423K | — | View 990 |
| 2022 | $403K | $400K | $933K | $470K | — | — |
| 2021 | $329K | $325K | $928K | $468K | — | View 990 |
| 2020 | $307K | $250K | $943K | $488K | — | View 990 |
| 2019 | $261K | $251K | $914K | $498K | — | View 990 |
| 2018 | $314K | $331K | $805K | $441K | — | View 990 |
| 2017 | $354K | $311K | $852K | $494K | — | View 990 |
| 2016 | $335K | $282K | $833K | $520K | — | View 990 |
| 2015 | $345K | $276K | $394K | $137K | — | View 990 |
| 2014 | $321K | $249K | $298K | $122K | — | View 990 |
| 2013 | $238K | $253K | $67K | $18K | — | View 990 |
| 2012 | $238K | $253K | $67K | $18K | — | — |
| 2011 | $236K | $236K | $70K | $14K | — | View 990 |
| 2010 | $271K | $241K | $57K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $501K, expenses of $494K, and assets of $880K (revenue +24.4% year-over-year).
- 2022: Revenue of $403K, expenses of $400K, and assets of $933K (revenue +22.6% year-over-year).
- 2021: Revenue of $329K, expenses of $325K, and assets of $928K (revenue +7.1% year-over-year).
- 2020: Revenue of $307K, expenses of $250K, and assets of $943K (revenue +17.5% year-over-year).
- 2019: Revenue of $261K, expenses of $251K, and assets of $914K (revenue -16.8% year-over-year).
- 2018: Revenue of $314K, expenses of $331K, and assets of $805K (revenue -11.5% year-over-year).
- 2017: Revenue of $354K, expenses of $311K, and assets of $852K (revenue +5.6% year-over-year).
- 2016: Revenue of $335K, expenses of $282K, and assets of $833K (revenue -2.8% year-over-year).
- 2015: Revenue of $345K, expenses of $276K, and assets of $394K (revenue +7.5% year-over-year).
- 2014: Revenue of $321K, expenses of $249K, and assets of $298K (revenue +35.0% year-over-year).
- 2013: Revenue of $238K, expenses of $253K, and assets of $67K (revenue +0.0% year-over-year).
- 2012: Revenue of $238K, expenses of $253K, and assets of $67K (revenue +0.5% year-over-year).
- 2011: Revenue of $236K, expenses of $236K, and assets of $70K (revenue -12.6% year-over-year).
- 2010: Revenue of $271K, expenses of $241K, and assets of $57K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bi Okoto Drum & Dance Theatre:
Data Sources and Methodology
This transparency report for Bi Okoto Drum & Dance Theatre 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.