Corn Stock Theatre
EIN: 370747955 · West Peoria, IL · NTEE: A650
Is Corn Stock Theatre Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Corn Stock Theatre
Corn Stock Theatre (EIN: 370747955) is a nonprofit organization based in West Peoria, IL, classified under NTEE code A650. The organization reported total revenue of $469K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Corn Stock Theatre's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Corn Stock Theatre is a small nonprofit that has been operating for 67 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $440K |
| Total Expenses | $553K |
| Surplus / Deficit | $-113,550 |
| Total Assets | $1.0M |
| Total Liabilities | $13K |
| Net Assets | $1.0M |
| Operating Margin | -25.8% |
| Debt-to-Asset Ratio | 1.3% |
| Months of Reserves | 22.3 months |
Financial Health Grade: B
In 2023, Corn Stock Theatre reported a deficit of $114K with expenses exceeding revenue, holds 22.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Corn Stock Theatre's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.9% | -3.0% | -7.7% |
| 2022 | -21.4% | +52.8% | -16.1% |
| 2021 | +195.8% | +72.3% | +24.3% |
| 2020 | -57.0% | -54.4% | -2.6% |
| 2019 | -6.4% | -2.8% | +6.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2300 |
| IRS Ruling Date | 1959 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Corn Stock 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 Corn Stock 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 deficit of $114K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.3%.
Frequently Asked Questions about Corn Stock Theatre
Is Corn Stock Theatre a legitimate charity?
Based on AI analysis of IRS 990 filings, Corn Stock Theatre (EIN: 370747955) insufficient data. 0 red flags identified, 0 strengths noted.
How does Corn Stock Theatre spend its money?
Detailed spending breakdown data is not yet available for Corn Stock Theatre. Check back for updated IRS 990 analysis.
Are donations to Corn Stock Theatre tax-deductible?
Corn Stock Theatre is registered as a tax-exempt nonprofit (EIN: 370747955). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Corn Stock Theatre showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Corn Stock Theatre's revenue has grown by 31.3%, moving from $335K to $440K. Total assets increased by 47% over the same period, from $700K to $1.0M. Total functional expenses rose by 47.5%, from $375K to $553K. In its most recent filing year (2023), Corn Stock Theatre reported a deficit of $114K, with expenses exceeding revenue. The organization holds $13K in liabilities against $1.0M in assets (debt-to-asset ratio: 1.3%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $440K | $553K | $1.0M | $13K | — | — |
| 2022 | $458K | $571K | $1.1M | $13K | — | View 990 |
| 2021 | $583K | $373K | $1.3M | $63K | — | View 990 |
| 2020 | $197K | $217K | $1.1M | $54K | — | View 990 |
| 2019 | $458K | $476K | $1.1M | $60K | — | View 990 |
| 2018 | $489K | $489K | $1.0M | $63K | — | View 990 |
| 2017 | $515K | $445K | $1.1M | $67K | — | View 990 |
| 2016 | $366K | $403K | $1.0M | $84K | — | View 990 |
| 2015 | $898K | $414K | $1.0M | $72K | — | View 990 |
| 2014 | $328K | $388K | $555K | $81K | — | View 990 |
| 2013 | $369K | $429K | $586K | $52K | — | — |
| 2012 | $435K | $422K | $648K | $54K | — | View 990 |
| 2011 | $335K | $375K | $700K | $53K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $440K, expenses of $553K, and assets of $1.0M (revenue -3.9% year-over-year).
- 2022: Revenue of $458K, expenses of $571K, and assets of $1.1M (revenue -21.4% year-over-year).
- 2021: Revenue of $583K, expenses of $373K, and assets of $1.3M (revenue +195.8% year-over-year).
- 2020: Revenue of $197K, expenses of $217K, and assets of $1.1M (revenue -57.0% year-over-year).
- 2019: Revenue of $458K, expenses of $476K, and assets of $1.1M (revenue -6.4% year-over-year).
- 2018: Revenue of $489K, expenses of $489K, and assets of $1.0M (revenue -5.1% year-over-year).
- 2017: Revenue of $515K, expenses of $445K, and assets of $1.1M (revenue +40.7% year-over-year).
- 2016: Revenue of $366K, expenses of $403K, and assets of $1.0M (revenue -59.2% year-over-year).
- 2015: Revenue of $898K, expenses of $414K, and assets of $1.0M (revenue +173.2% year-over-year).
- 2014: Revenue of $328K, expenses of $388K, and assets of $555K (revenue -11.0% year-over-year).
- 2013: Revenue of $369K, expenses of $429K, and assets of $586K (revenue -15.3% year-over-year).
- 2012: Revenue of $435K, expenses of $422K, and assets of $648K (revenue +30.0% year-over-year).
- 2011: Revenue of $335K, expenses of $375K, and assets of $700K.
Data Sources and Methodology
This transparency report for Corn Stock 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.