Capitol Theater Foundation Of Burlington Iowa
Capitol Theater Foundation maintains stable assets with fluctuating revenue and no reported officer compensation.
EIN: 202372290 · Burlington, IA · NTEE: A65 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $667K |
| Total Expenses | $458K |
| Program Spending | 90% |
| Net Assets | $1.8M |
| Transparency Score | 85/100 |
Is Capitol Theater Foundation Of Burlington Iowa Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Capitol Theater Foundation Of Burlington Iowa directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Capitol Theater Foundation Of Burlington Iowa
Capitol Theater Foundation Of Burlington Iowa (EIN: 202372290) is a nonprofit organization based in Burlington, IA, classified under NTEE code A65. The organization reported total revenue of $667K and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Capitol Theater Foundation Of Burlington Iowa's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Capitol Theater Foundation Of Burlington Iowa is a small 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 -3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $558K |
| Total Expenses | $458K |
| Surplus / Deficit | +$100K |
| Total Assets | $2.5M |
| Total Liabilities | $697K |
| Net Assets | $1.8M |
| Operating Margin | 17.9% |
| Debt-to-Asset Ratio | 27.8% |
| Months of Reserves | 65.5 months |
Financial Health Grade: A
In 2023, Capitol Theater Foundation Of Burlington Iowa reported a surplus of $100K with revenue exceeding expenses, holds 65.5 months of operating reserves (strong position), has a debt-to-asset ratio of 27.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Capitol Theater Foundation Of Burlington Iowa's revenue has declined at a compound annual growth rate (CAGR) of -3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.9% | -21.7% | +4.2% |
| 2022 | -10.7% | +104.8% | -1.8% |
| 2021 | +192.9% | +31.6% | +0.9% |
| 2020 | -28.7% | -18.9% | -0.3% |
| 2019 | -6.2% | -11.4% | -3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Capitol Theater Foundation Of Burlington Iowa with a Mission Score of 85 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: 90%
- fundraising: 0%
According to IRS 990 filings, Capitol Theater Foundation Of Burlington Iowa allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $100K, with revenue exceeding expenses.
- Debt-to-asset ratio: 27.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This suggests a volunteer-led executive structure, which is highly favorable for directing funds towards the organization's mission.
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.
Red Flags
The following concerns were identified during AI analysis of Capitol Theater Foundation Of Burlington Iowa's IRS 990 filings:
- Significant year-over-year revenue fluctuations, indicating potential instability in funding sources or reliance on event-driven income.
- Expenses exceeded revenue in multiple years (e.g., 2022, 2020, 2019, 2018, 2017, 2016, 2015), which could deplete reserves if not balanced by other years' surpluses.
Strengths
The following positive indicators were identified for Capitol Theater Foundation Of Burlington Iowa:
- Consistent 0% officer compensation across all filings, indicating high efficiency and dedication of resources to the mission.
- Stable asset base of over $2 million, providing a strong financial foundation despite revenue variability.
- Positive net income in recent years (e.g., 2021, 2023), demonstrating an ability to generate surpluses.
Frequently Asked Questions about Capitol Theater Foundation Of Burlington Iowa
Is Capitol Theater Foundation Of Burlington Iowa a legitimate charity?
Capitol Theater Foundation Of Burlington Iowa (EIN: 202372290) is a registered tax-exempt nonprofit based in Iowa. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $667K. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Capitol Theater Foundation Of Burlington Iowa spend its money?
Capitol Theater Foundation Of Burlington Iowa directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Capitol Theater Foundation Of Burlington Iowa tax-deductible?
Capitol Theater Foundation Of Burlington Iowa is registered as a tax-exempt nonprofit (EIN: 202372290). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Capitol Theater Foundation Of Burlington Iowa compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Capitol Theater Foundation Of Burlington Iowa is above average for NTEE category A65 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Capitol Theater Foundation Of Burlington Iowa located?
Capitol Theater Foundation Of Burlington Iowa is headquartered in Burlington, Iowa and files with the IRS under EIN 202372290. It is classified under NTEE code A65.
How many years of IRS 990 filings does Capitol Theater Foundation Of Burlington Iowa have?
Capitol Theater Foundation Of Burlington Iowa 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 $667K in total revenue.
Is Capitol Theater Foundation Of Burlington Iowa a good charity?
Based on the available data, the Capitol Theater Foundation appears to be a well-managed organization with a strong commitment to its mission, evidenced by its consistent 0% officer compensation and stable asset base. While revenue fluctuates, expenses are generally managed effectively.
How does the organization manage its finances given the revenue fluctuations?
Despite significant revenue fluctuations, the organization has maintained a stable asset base of over $2 million, suggesting either strong prior endowments, effective reserve management, or significant non-cash contributions. Expenses have generally been kept in check, with occasional years where expenses exceeded revenue, such as in 2022.
What is the trend in the organization's assets and liabilities?
Assets have remained relatively stable, hovering around $2.4 million to $2.5 million in recent years, though they have decreased from a high of $3,137,044 in 2014. Liabilities have also shown some fluctuation but have generally remained below $800,000, with a recent figure of $696,731 in 2023.
Filing History
IRS 990 filing history for Capitol Theater Foundation Of Burlington Iowa showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Capitol Theater Foundation Of Burlington Iowa's revenue has declined by 36.3%, moving from $877K to $558K. Total assets decreased by 12.8% over the same period, from $2.9M to $2.5M. Total functional expenses rose by 197%, from $154K to $458K. In its most recent filing year (2023), Capitol Theater Foundation Of Burlington Iowa reported a surplus of $100K, with revenue exceeding expenses. The organization holds $697K in liabilities against $2.5M in assets (debt-to-asset ratio: 27.8%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $558K | $458K | $2.5M | $697K | — | — |
| 2022 | $486K | $585K | $2.4M | $695K | — | View 990 |
| 2021 | $544K | $286K | $2.4M | $460K | — | View 990 |
| 2020 | $186K | $217K | $2.4M | $696K | — | — |
| 2019 | $261K | $268K | $2.4M | $672K | — | View 990 |
| 2018 | $278K | $302K | $2.5M | $745K | — | View 990 |
| 2017 | $222K | $363K | $2.6M | $816K | — | View 990 |
| 2016 | $195K | $403K | $2.7M | $779K | — | View 990 |
| 2015 | $172K | $290K | $2.9M | $751K | — | View 990 |
| 2014 | $485K | $330K | $3.1M | $791K | — | View 990 |
| 2013 | $666K | $324K | $3.4M | $1.1M | — | View 990 |
| 2012 | $385K | $357K | $3.7M | $1.5M | — | View 990 |
| 2011 | $877K | $154K | $2.9M | $500K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $558K, expenses of $458K, and assets of $2.5M (revenue +14.9% year-over-year).
- 2022: Revenue of $486K, expenses of $585K, and assets of $2.4M (revenue -10.7% year-over-year).
- 2021: Revenue of $544K, expenses of $286K, and assets of $2.4M (revenue +192.9% year-over-year).
- 2020: Revenue of $186K, expenses of $217K, and assets of $2.4M (revenue -28.7% year-over-year).
- 2019: Revenue of $261K, expenses of $268K, and assets of $2.4M (revenue -6.2% year-over-year).
- 2018: Revenue of $278K, expenses of $302K, and assets of $2.5M (revenue +24.9% year-over-year).
- 2017: Revenue of $222K, expenses of $363K, and assets of $2.6M (revenue +14.2% year-over-year).
- 2016: Revenue of $195K, expenses of $403K, and assets of $2.7M (revenue +13.3% year-over-year).
- 2015: Revenue of $172K, expenses of $290K, and assets of $2.9M (revenue -64.6% year-over-year).
- 2014: Revenue of $485K, expenses of $330K, and assets of $3.1M (revenue -27.3% year-over-year).
- 2013: Revenue of $666K, expenses of $324K, and assets of $3.4M (revenue +73.3% year-over-year).
- 2012: Revenue of $385K, expenses of $357K, and assets of $3.7M (revenue -56.1% year-over-year).
- 2011: Revenue of $877K, expenses of $154K, and assets of $2.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Capitol Theater Foundation Of Burlington Iowa:
Data Sources and Methodology
This transparency report for Capitol Theater Foundation Of Burlington Iowa 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.