Douglas Manship Sr Theater Complexholding Inc

Is Douglas Manship Sr Theater Complexholding Inc Legit?

Some Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Douglas Manship Sr Theater Complexholding Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Douglas Manship Sr Theater Complexholding Inc

Douglas Manship Sr Theater Complexholding Inc (EIN: 203999559) is a nonprofit organization based in Baton Rouge, LA, classified under NTEE code A600. The organization reported total revenue of $2.2M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Douglas Manship Sr Theater Complexholding Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

Douglas Manship Sr Theater Complexholding Inc is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.9%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Financial Health Grade: B

In 2023, Douglas Manship Sr Theater Complexholding Inc reported a deficit of $37K with expenses exceeding revenue, holds 8.2 months of operating reserves (strong position), has a debt-to-asset ratio of 17.3% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Douglas Manship Sr Theater Complexholding Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.

IRS Tax-Exempt Classification

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 Douglas Manship Sr Theater Complexholding Inc 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: 85%
• fundraising: 5%

According to IRS 990 filings, Douglas Manship Sr Theater Complexholding Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 deficit of $37K, with expenses exceeding revenue.
• Debt-to-asset ratio: 17.3%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This suggests either a volunteer-led executive structure or that compensation is handled through other means not reported as officer compensation on the 990, which is a notable characteristic for an organization with annual revenues exceeding $2 million.

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 Douglas Manship Sr Theater Complexholding Inc's IRS 990 filings:

• Slight deficit in 2023 where expenses ($2,426,524) exceeded revenue ($2,389,514), though this is minor in context of overall finances.

Strengths

The following positive indicators were identified for Douglas Manship Sr Theater Complexholding Inc:

• Consistent financial stability with revenues generally between $1.8M and $2.6M.
• Significant growth in assets, from $742,474 in 2014 to $1,665,643 in 2023.
• Zero reported officer compensation across all filings, indicating strong transparency and potentially volunteer leadership.
• Long and consistent IRS 990 filing history (13 filings), demonstrating regulatory compliance.
• Liabilities are well-managed and relatively low compared to assets.

Frequently Asked Questions about Douglas Manship Sr Theater Complexholding Inc

Filing History

IRS 990 filing history for Douglas Manship Sr Theater Complexholding Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Douglas Manship Sr Theater Complexholding Inc's revenue has grown by 11%, moving from $2.2M to $2.4M. Total assets increased by 86.9% over the same period, from $891K to $1.7M. Total functional expenses rose by 40.4%, from $1.7M to $2.4M. In its most recent filing year (2023), Douglas Manship Sr Theater Complexholding Inc reported a deficit of $37K, with expenses exceeding revenue. The organization holds $289K in liabilities against $1.7M in assets (debt-to-asset ratio: 17.3%), resulting in net assets of $1.4M.

Year-by-Year Financial Summary

• 2023: Revenue of $2.4M, expenses of $2.4M, and assets of $1.7M (revenue -10.1% year-over-year).
• 2022: Revenue of $2.7M, expenses of $1.9M, and assets of $1.6M (revenue +122.9% year-over-year).
• 2021: Revenue of $1.2M, expenses of $1.1M, and assets of $1.1M (revenue -33.5% year-over-year).
• 2020: Revenue of $1.8M, expenses of $1.9M, and assets of $887K (revenue -13.8% year-over-year).
• 2019: Revenue of $2.1M, expenses of $2.1M, and assets of $961K (revenue +3.3% year-over-year).
• 2018: Revenue of $2.0M, expenses of $2.0M, and assets of $1.0M (revenue -7.3% year-over-year).
• 2017: Revenue of $2.2M, expenses of $2.0M, and assets of $881K (revenue +16.1% year-over-year).
• 2016: Revenue of $1.9M, expenses of $2.0M, and assets of $706K (revenue -12.6% year-over-year).
• 2015: Revenue of $2.1M, expenses of $2.1M, and assets of $850K (revenue -10.0% year-over-year).
• 2014: Revenue of $2.4M, expenses of $2.3M, and assets of $742K (revenue +14.6% year-over-year).
• 2013: Revenue of $2.1M, expenses of $2.2M, and assets of $646K (revenue +0.4% year-over-year).
• 2012: Revenue of $2.1M, expenses of $2.2M, and assets of $768K (revenue -4.0% year-over-year).
• 2011: Revenue of $2.2M, expenses of $1.7M, and assets of $891K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Douglas Manship Sr Theater Complexholding Inc:

Data Sources and Methodology

This transparency report for Douglas Manship Sr Theater Complexholding 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.