Community Theatre Of Greensboro Inc
EIN: 566085349 · Greensboro, NC · NTEE: A650
| Metric | Value |
|---|---|
| Total Revenue | $655K |
| Total Expenses | $769K |
| Net Assets | $1.0M |
Is Community Theatre Of Greensboro Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Community Theatre Of Greensboro Inc
Community Theatre Of Greensboro Inc (EIN: 566085349) is a nonprofit organization based in Greensboro, NC, classified under NTEE code A650. The organization reported total revenue of $655K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Theatre Of Greensboro Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Community Theatre Of Greensboro Inc is a small nonprofit that has been operating for 77 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $685K |
| Total Expenses | $769K |
| Surplus / Deficit | $-83,495 |
| Total Assets | $1.3M |
| Total Liabilities | $319K |
| Net Assets | $1.0M |
| Operating Margin | -12.2% |
| Debt-to-Asset Ratio | 23.8% |
| Months of Reserves | 20.9 months |
Financial Health Grade: B
In 2023, Community Theatre Of Greensboro Inc reported a deficit of $83K with expenses exceeding revenue, holds 20.9 months of operating reserves (strong position), has a debt-to-asset ratio of 23.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Community Theatre Of Greensboro Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -26.0% | -4.1% | -4.5% |
| 2022 | +151.2% | +115.0% | +4.7% |
| 2021 | -49.9% | -52.0% | -6.6% |
| 2020 | -13.7% | -17.5% | +13.9% |
| 2019 | -15.9% | +2.0% | -4.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1949 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Community Theatre Of Greensboro 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 Community Theatre Of Greensboro 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 deficit of $83K, with expenses exceeding revenue.
- Debt-to-asset ratio: 23.8%.
Frequently Asked Questions about Community Theatre Of Greensboro Inc
Is Community Theatre Of Greensboro Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Community Theatre Of Greensboro Inc (EIN: 566085349) insufficient data. 0 red flags identified, 0 strengths noted.
How does Community Theatre Of Greensboro Inc spend its money?
Detailed spending breakdown data is not yet available for Community Theatre Of Greensboro Inc. Check back for updated IRS 990 analysis.
Are donations to Community Theatre Of Greensboro Inc tax-deductible?
Community Theatre Of Greensboro Inc is registered as a tax-exempt nonprofit (EIN: 566085349). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Community Theatre Of Greensboro Inc located?
Community Theatre Of Greensboro Inc is headquartered in Greensboro, North Carolina and files with the IRS under EIN 566085349. It is classified under NTEE code A650.
How many years of IRS 990 filings does Community Theatre Of Greensboro Inc have?
Community Theatre Of Greensboro 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 $655K in total revenue.
Filing History
IRS 990 filing history for Community Theatre Of Greensboro Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Community Theatre Of Greensboro Inc's revenue has grown by 35.9%, moving from $504K to $685K. Total assets increased by 433.3% over the same period, from $251K to $1.3M. Total functional expenses rose by 29.4%, from $594K to $769K. In its most recent filing year (2023), Community Theatre Of Greensboro Inc reported a deficit of $83K, with expenses exceeding revenue. The organization holds $319K in liabilities against $1.3M in assets (debt-to-asset ratio: 23.8%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $685K | $769K | $1.3M | $319K | — | — |
| 2022 | $926K | $802K | $1.4M | $298K | — | View 990 |
| 2021 | $369K | $373K | $1.3M | $358K | — | View 990 |
| 2020 | $736K | $778K | $1.4M | $449K | — | View 990 |
| 2019 | $853K | $942K | $1.3M | $232K | — | View 990 |
| 2018 | $1.0M | $924K | $1.3M | $206K | — | View 990 |
| 2017 | $706K | $880K | $1.4M | $425K | — | View 990 |
| 2016 | $676K | $797K | $1.7M | $463K | — | View 990 |
| 2015 | $744K | $725K | $1.8M | $485K | — | View 990 |
| 2014 | $556K | $680K | $1.8M | $527K | — | View 990 |
| 2013 | $1.1M | $701K | $2.0M | $590K | — | View 990 |
| 2012 | $1.5M | $600K | $1.1M | $74K | — | View 990 |
| 2011 | $504K | $594K | $251K | $105K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $685K, expenses of $769K, and assets of $1.3M (revenue -26.0% year-over-year).
- 2022: Revenue of $926K, expenses of $802K, and assets of $1.4M (revenue +151.2% year-over-year).
- 2021: Revenue of $369K, expenses of $373K, and assets of $1.3M (revenue -49.9% year-over-year).
- 2020: Revenue of $736K, expenses of $778K, and assets of $1.4M (revenue -13.7% year-over-year).
- 2019: Revenue of $853K, expenses of $942K, and assets of $1.3M (revenue -15.9% year-over-year).
- 2018: Revenue of $1.0M, expenses of $924K, and assets of $1.3M (revenue +43.7% year-over-year).
- 2017: Revenue of $706K, expenses of $880K, and assets of $1.4M (revenue +4.5% year-over-year).
- 2016: Revenue of $676K, expenses of $797K, and assets of $1.7M (revenue -9.1% year-over-year).
- 2015: Revenue of $744K, expenses of $725K, and assets of $1.8M (revenue +33.8% year-over-year).
- 2014: Revenue of $556K, expenses of $680K, and assets of $1.8M (revenue -49.0% year-over-year).
- 2013: Revenue of $1.1M, expenses of $701K, and assets of $2.0M (revenue -26.3% year-over-year).
- 2012: Revenue of $1.5M, expenses of $600K, and assets of $1.1M (revenue +193.6% year-over-year).
- 2011: Revenue of $504K, expenses of $594K, and assets of $251K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Community Theatre Of Greensboro Inc:
Data Sources and Methodology
This transparency report for Community Theatre Of Greensboro 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.