Detroit Puppet Company
EIN: 461145719 · Detroit, MI · NTEE: A60
| Metric | Value |
|---|---|
| Total Revenue | $238K |
| Total Expenses | $252K |
| Net Assets | $219K |
Is Detroit Puppet Company Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Detroit Puppet Company
Detroit Puppet Company (EIN: 461145719) is a nonprofit organization based in Detroit, MI, classified under NTEE code A60. The organization reported total revenue of $238K and total assets of $363K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Detroit Puppet Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Detroit Puppet Company is a small nonprofit that has been operating for 11 years, with 7 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 13.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $222K |
| Total Expenses | $252K |
| Surplus / Deficit | $-30,657 |
| Total Assets | $340K |
| Total Liabilities | $121K |
| Net Assets | $219K |
| Operating Margin | -13.8% |
| Debt-to-Asset Ratio | 35.6% |
| Months of Reserves | 16.1 months |
Financial Health Grade: B
In 2023, Detroit Puppet Company reported a deficit of $31K with expenses exceeding revenue, holds 16.1 months of operating reserves (strong position), has a debt-to-asset ratio of 35.6% (moderate leverage).
Financial Trends
Over 7 years of filings (2015–2023), Detroit Puppet Company's revenue has grown at a compound annual growth rate (CAGR) of 13.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -30.1% | -27.7% | -0.7% |
| 2022 | +11.9% | +99.6% | +10.6% |
| 2021 | +5.0% | -7.3% | +95.7% |
| 2020 | +39.2% | +0.5% | +160.4% |
| 2019 | +274.1% | +484.0% | -5.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Detroit Puppet 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 Detroit Puppet 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 deficit of $31K, with expenses exceeding revenue.
- Debt-to-asset ratio: 35.6%.
Frequently Asked Questions about Detroit Puppet Company
Is Detroit Puppet Company a legitimate charity?
Based on AI analysis of IRS 990 filings, Detroit Puppet Company (EIN: 461145719) insufficient data. 0 red flags identified, 0 strengths noted.
How does Detroit Puppet Company spend its money?
Detailed spending breakdown data is not yet available for Detroit Puppet Company. Check back for updated IRS 990 analysis.
Are donations to Detroit Puppet Company tax-deductible?
Detroit Puppet Company is registered as a tax-exempt nonprofit (EIN: 461145719). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Detroit Puppet Company located?
Detroit Puppet Company is headquartered in Detroit, Michigan and files with the IRS under EIN 461145719. It is classified under NTEE code A60.
How many years of IRS 990 filings does Detroit Puppet Company have?
Detroit Puppet Company has 7 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 $238K in total revenue.
Filing History
IRS 990 filing history for Detroit Puppet Company showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2015–2023), Detroit Puppet Company's revenue has grown by 166.7%, moving from $83K to $222K. Total assets increased by 790.8% over the same period, from $38K to $340K. Total functional expenses rose by 383.7%, from $52K to $252K. In its most recent filing year (2023), Detroit Puppet Company reported a deficit of $31K, with expenses exceeding revenue. The organization holds $121K in liabilities against $340K in assets (debt-to-asset ratio: 35.6%), resulting in net assets of $219K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $222K | $252K | $340K | $121K | — | — |
| 2022 | $317K | $349K | $342K | $91K | — | View 990 |
| 2021 | $283K | $175K | $309K | $29K | — | View 990 |
| 2020 | $270K | $189K | $158K | $45K | — | — |
| 2019 | $194K | $188K | $61K | $0 | — | View 990 |
| 2016 | $52K | $32K | $64K | $13K | — | View 990 |
| 2015 | $83K | $52K | $38K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $222K, expenses of $252K, and assets of $340K (revenue -30.1% year-over-year).
- 2022: Revenue of $317K, expenses of $349K, and assets of $342K (revenue +11.9% year-over-year).
- 2021: Revenue of $283K, expenses of $175K, and assets of $309K (revenue +5.0% year-over-year).
- 2020: Revenue of $270K, expenses of $189K, and assets of $158K (revenue +39.2% year-over-year).
- 2019: Revenue of $194K, expenses of $188K, and assets of $61K (revenue +274.1% year-over-year).
- 2016: Revenue of $52K, expenses of $32K, and assets of $64K (revenue -37.7% year-over-year).
- 2015: Revenue of $83K, expenses of $52K, and assets of $38K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Detroit Puppet Company:
Data Sources and Methodology
This transparency report for Detroit Puppet 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.