Claude Mcneals Musical Theatre Training Program Inc
EIN: 260118022 · Indianapolis, IN · NTEE: A6E
| Metric | Value |
|---|---|
| Total Revenue | $890K |
| Total Expenses | $501K |
| Net Assets | $523K |
Is Claude Mcneals Musical Theatre Training Program Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Claude Mcneals Musical Theatre Training Program Inc
Claude Mcneals Musical Theatre Training Program Inc (EIN: 260118022) is a nonprofit organization based in Indianapolis, IN, classified under NTEE code A6E. The organization reported total revenue of $890K and total assets of $538K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Claude Mcneals Musical Theatre Training Program Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Claude Mcneals Musical Theatre Training Program Inc 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 7.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $975K |
| Total Expenses | $501K |
| Surplus / Deficit | +$474K |
| Total Assets | $559K |
| Total Liabilities | $36K |
| Net Assets | $523K |
| Operating Margin | 48.6% |
| Debt-to-Asset Ratio | 6.4% |
| Months of Reserves | 13.4 months |
Financial Health Grade: A
In 2023, Claude Mcneals Musical Theatre Training Program Inc reported a surplus of $474K with revenue exceeding expenses, holds 13.4 months of operating reserves (strong position), has a debt-to-asset ratio of 6.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Claude Mcneals Musical Theatre Training Program Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +91.9% | -1.1% | +525.5% |
| 2022 | +12.5% | -0.3% | -9.1% |
| 2021 | -31.5% | -13.7% | -52.2% |
| 2020 | -1.9% | -14.0% | +45.2% |
| 2019 | +11.1% | +56.0% | -23.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Claude Mcneals Musical Theatre Training Program Inc 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 Claude Mcneals Musical Theatre Training Program Inc 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 $474K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.4%.
Frequently Asked Questions about Claude Mcneals Musical Theatre Training Program Inc
Is Claude Mcneals Musical Theatre Training Program Inc a legitimate charity?
Claude Mcneals Musical Theatre Training Program Inc (EIN: 260118022) is a registered tax-exempt nonprofit based in Indiana. It has 13 years of IRS 990 filings on record. Total revenue: $890K. No red flags identified. Financial health grade: A.
How does Claude Mcneals Musical Theatre Training Program Inc spend its money?
Claude Mcneals Musical Theatre Training Program Inc reported $890K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Claude Mcneals Musical Theatre Training Program Inc tax-deductible?
Claude Mcneals Musical Theatre Training Program Inc is registered as a tax-exempt nonprofit (EIN: 260118022). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Claude Mcneals Musical Theatre Training Program Inc located?
Claude Mcneals Musical Theatre Training Program Inc is headquartered in Indianapolis, Indiana and files with the IRS under EIN 260118022. It is classified under NTEE code A6E.
How many years of IRS 990 filings does Claude Mcneals Musical Theatre Training Program Inc have?
Claude Mcneals Musical Theatre Training Program Inc 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 $890K in total revenue.
Filing History
IRS 990 filing history for Claude Mcneals Musical Theatre Training Program Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Claude Mcneals Musical Theatre Training Program Inc's revenue has grown by 147.2%, moving from $394K to $975K. Total assets increased by 4645% over the same period, from $12K to $559K. Total functional expenses rose by 20.1%, from $417K to $501K. In its most recent filing year (2023), Claude Mcneals Musical Theatre Training Program Inc reported a surplus of $474K, with revenue exceeding expenses. The organization holds $36K in liabilities against $559K in assets (debt-to-asset ratio: 6.4%), resulting in net assets of $523K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $975K | $501K | $559K | $36K | — | View 990 |
| 2022 | $508K | $506K | $89K | $24K | — | View 990 |
| 2021 | $452K | $508K | $98K | $34K | — | View 990 |
| 2020 | $659K | $588K | $206K | $86K | — | View 990 |
| 2019 | $672K | $684K | $142K | $93K | — | View 990 |
| 2018 | $605K | $438K | $184K | $123K | — | View 990 |
| 2017 | $327K | $424K | $30K | $135K | — | View 990 |
| 2016 | $172K | $461K | $26K | $34K | — | View 990 |
| 2015 | $553K | $387K | $338K | $58K | — | View 990 |
| 2014 | $391K | $389K | $140K | $26K | — | View 990 |
| 2013 | $347K | $380K | $141K | $28K | — | View 990 |
| 2012 | $526K | $373K | $184K | $39K | — | View 990 |
| 2011 | $394K | $417K | $12K | $19K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $975K, expenses of $501K, and assets of $559K (revenue +91.9% year-over-year).
- 2022: Revenue of $508K, expenses of $506K, and assets of $89K (revenue +12.5% year-over-year).
- 2021: Revenue of $452K, expenses of $508K, and assets of $98K (revenue -31.5% year-over-year).
- 2020: Revenue of $659K, expenses of $588K, and assets of $206K (revenue -1.9% year-over-year).
- 2019: Revenue of $672K, expenses of $684K, and assets of $142K (revenue +11.1% year-over-year).
- 2018: Revenue of $605K, expenses of $438K, and assets of $184K (revenue +85.0% year-over-year).
- 2017: Revenue of $327K, expenses of $424K, and assets of $30K (revenue +89.9% year-over-year).
- 2016: Revenue of $172K, expenses of $461K, and assets of $26K (revenue -68.8% year-over-year).
- 2015: Revenue of $553K, expenses of $387K, and assets of $338K (revenue +41.4% year-over-year).
- 2014: Revenue of $391K, expenses of $389K, and assets of $140K (revenue +12.6% year-over-year).
- 2013: Revenue of $347K, expenses of $380K, and assets of $141K (revenue -34.0% year-over-year).
- 2012: Revenue of $526K, expenses of $373K, and assets of $184K (revenue +33.4% year-over-year).
- 2011: Revenue of $394K, expenses of $417K, and assets of $12K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Claude Mcneals Musical Theatre Training Program Inc:
Data Sources and Methodology
This transparency report for Claude Mcneals Musical Theatre Training Program Inc 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.