Calumet Theatre Company
EIN: 382499480 · Calumet, MI · NTEE: A610
| Metric | Value |
|---|---|
| Total Revenue | $795K |
| Total Expenses | $334K |
| Net Assets | $383K |
Is Calumet Theatre Company Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Calumet Theatre Company
Calumet Theatre Company (EIN: 382499480) is a nonprofit organization based in Calumet, MI, classified under NTEE code A610. The organization reported total revenue of $795K and total assets of $744K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Calumet Theatre Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Calumet Theatre Company is a small nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $375K |
| Total Expenses | $334K |
| Surplus / Deficit | +$41K |
| Total Assets | $417K |
| Total Liabilities | $34K |
| Net Assets | $383K |
| Operating Margin | 10.8% |
| Debt-to-Asset Ratio | 8.2% |
| Months of Reserves | 15.0 months |
Financial Health Grade: A
In 2023, Calumet Theatre Company reported a surplus of $41K with revenue exceeding expenses, holds 15.0 months of operating reserves (strong position), has a debt-to-asset ratio of 8.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Calumet Theatre Company's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +98.9% | +67.5% | +19.3% |
| 2022 | +60.5% | +26.5% | -7.7% |
| 2021 | -46.4% | -38.0% | -12.1% |
| 2020 | -16.5% | -31.9% | -15.8% |
| 2019 | -17.8% | +17.0% | -11.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Calumet Theatre Company 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 Calumet Theatre Company 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 $41K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.2%.
Frequently Asked Questions about Calumet Theatre Company
Is Calumet Theatre Company a legitimate charity?
Based on AI analysis of IRS 990 filings, Calumet Theatre Company (EIN: 382499480) insufficient data. 0 red flags identified, 0 strengths noted.
How does Calumet Theatre Company spend its money?
Detailed spending breakdown data is not yet available for Calumet Theatre Company. Check back for updated IRS 990 analysis.
Are donations to Calumet Theatre Company tax-deductible?
Calumet Theatre Company is registered as a tax-exempt nonprofit (EIN: 382499480). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Calumet Theatre Company located?
Calumet Theatre Company is headquartered in Calumet, Michigan and files with the IRS under EIN 382499480. It is classified under NTEE code A610.
How many years of IRS 990 filings does Calumet Theatre Company have?
Calumet Theatre Company 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 $795K in total revenue.
Filing History
IRS 990 filing history for Calumet Theatre Company showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Calumet Theatre Company's revenue has grown by 15.1%, moving from $326K to $375K. Total assets increased by 82.2% over the same period, from $229K to $417K. Total functional expenses rose by 17%, from $286K to $334K. In its most recent filing year (2023), Calumet Theatre Company reported a surplus of $41K, with revenue exceeding expenses. The organization holds $34K in liabilities against $417K in assets (debt-to-asset ratio: 8.2%), resulting in net assets of $383K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $375K | $334K | $417K | $34K | — | View 990 |
| 2022 | $189K | $200K | $350K | $8K | — | — |
| 2021 | $117K | $158K | $379K | $62K | — | View 990 |
| 2020 | $219K | $255K | $431K | $28K | — | View 990 |
| 2019 | $262K | $374K | $512K | $64K | — | View 990 |
| 2018 | $319K | $320K | $578K | $18K | — | View 990 |
| 2017 | $307K | $305K | $577K | $16K | — | View 990 |
| 2016 | $599K | $359K | $578K | $20K | — | View 990 |
| 2015 | $394K | $365K | $340K | $22K | — | View 990 |
| 2014 | $423K | $345K | $316K | $27K | — | View 990 |
| 2013 | $340K | $316K | $238K | $27K | — | View 990 |
| 2012 | $364K | $343K | $220K | $32K | — | View 990 |
| 2011 | $326K | $286K | $229K | $62K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $375K, expenses of $334K, and assets of $417K (revenue +98.9% year-over-year).
- 2022: Revenue of $189K, expenses of $200K, and assets of $350K (revenue +60.5% year-over-year).
- 2021: Revenue of $117K, expenses of $158K, and assets of $379K (revenue -46.4% year-over-year).
- 2020: Revenue of $219K, expenses of $255K, and assets of $431K (revenue -16.5% year-over-year).
- 2019: Revenue of $262K, expenses of $374K, and assets of $512K (revenue -17.8% year-over-year).
- 2018: Revenue of $319K, expenses of $320K, and assets of $578K (revenue +3.7% year-over-year).
- 2017: Revenue of $307K, expenses of $305K, and assets of $577K (revenue -48.7% year-over-year).
- 2016: Revenue of $599K, expenses of $359K, and assets of $578K (revenue +51.9% year-over-year).
- 2015: Revenue of $394K, expenses of $365K, and assets of $340K (revenue -6.7% year-over-year).
- 2014: Revenue of $423K, expenses of $345K, and assets of $316K (revenue +24.5% year-over-year).
- 2013: Revenue of $340K, expenses of $316K, and assets of $238K (revenue -6.5% year-over-year).
- 2012: Revenue of $364K, expenses of $343K, and assets of $220K (revenue +11.6% year-over-year).
- 2011: Revenue of $326K, expenses of $286K, and assets of $229K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Calumet Theatre Company:
Data Sources and Methodology
This transparency report for Calumet Theatre Company 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.