Downtown Winston Salem Community Cinema
EIN: 813111992 · Winston Salem, NC · NTEE: A20
Is Downtown Winston Salem Community Cinema Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Downtown Winston Salem Community Cinema
Downtown Winston Salem Community Cinema (EIN: 813111992) is a nonprofit organization based in Winston Salem, NC, classified under NTEE code A20. The organization reported total revenue of $975K and total assets of $378K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Downtown Winston Salem Community Cinema's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Downtown Winston Salem Community Cinema is a small nonprofit that has been operating for 10 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 30.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $685K |
| Total Expenses | $782K |
| Surplus / Deficit | $-96,806 |
| Total Assets | $242K |
| Total Liabilities | $30K |
| Net Assets | $212K |
| Operating Margin | -14.1% |
| Debt-to-Asset Ratio | 12.4% |
| Months of Reserves | 3.7 months |
Financial Health Grade: B
In 2023, Downtown Winston Salem Community Cinema reported a deficit of $97K with expenses exceeding revenue, holds 3.7 months of operating reserves (adequate), has a debt-to-asset ratio of 12.4% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), Downtown Winston Salem Community Cinema's revenue has grown at a compound annual growth rate (CAGR) of 30.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +38.7% | +9.4% | -28.0% |
| 2022 | -46.6% | +33.3% | -43.5% |
| 2021 | +99.7% | +33.2% | +166.3% |
| 2020 | -31.9% | -46.1% | +11.9% |
| 2019 | -8.2% | +2.3% | -33.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Downtown Winston Salem Community Cinema 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 Downtown Winston Salem Community Cinema 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 $97K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.4%.
Frequently Asked Questions about Downtown Winston Salem Community Cinema
Is Downtown Winston Salem Community Cinema a legitimate charity?
Based on AI analysis of IRS 990 filings, Downtown Winston Salem Community Cinema (EIN: 813111992) insufficient data. 0 red flags identified, 0 strengths noted.
How does Downtown Winston Salem Community Cinema spend its money?
Detailed spending breakdown data is not yet available for Downtown Winston Salem Community Cinema. Check back for updated IRS 990 analysis.
Are donations to Downtown Winston Salem Community Cinema tax-deductible?
Downtown Winston Salem Community Cinema is registered as a tax-exempt nonprofit (EIN: 813111992). 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 Downtown Winston Salem Community Cinema showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Downtown Winston Salem Community Cinema's revenue has grown by 538.8%, moving from $107K to $685K. Total assets decreased by 22.8% over the same period, from $313K to $242K. Total functional expenses rose by 83531%, from $935 to $782K. In its most recent filing year (2023), Downtown Winston Salem Community Cinema reported a deficit of $97K, with expenses exceeding revenue. The organization holds $30K in liabilities against $242K in assets (debt-to-asset ratio: 12.4%), resulting in net assets of $212K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $685K | $782K | $242K | $30K | — | — |
| 2022 | $494K | $715K | $335K | $27K | — | — |
| 2021 | $925K | $536K | $594K | $65K | — | View 990 |
| 2020 | $463K | $403K | $223K | $83K | — | View 990 |
| 2019 | $681K | $747K | $199K | $120K | — | View 990 |
| 2018 | $742K | $731K | $298K | $153K | — | View 990 |
| 2017 | $675K | $534K | $422K | $175K | — | View 990 |
| 2016 | $107K | $935 | $313K | $206K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $685K, expenses of $782K, and assets of $242K (revenue +38.7% year-over-year).
- 2022: Revenue of $494K, expenses of $715K, and assets of $335K (revenue -46.6% year-over-year).
- 2021: Revenue of $925K, expenses of $536K, and assets of $594K (revenue +99.7% year-over-year).
- 2020: Revenue of $463K, expenses of $403K, and assets of $223K (revenue -31.9% year-over-year).
- 2019: Revenue of $681K, expenses of $747K, and assets of $199K (revenue -8.2% year-over-year).
- 2018: Revenue of $742K, expenses of $731K, and assets of $298K (revenue +9.8% year-over-year).
- 2017: Revenue of $675K, expenses of $534K, and assets of $422K (revenue +529.7% year-over-year).
- 2016: Revenue of $107K, expenses of $935, and assets of $313K.
Data Sources and Methodology
This transparency report for Downtown Winston Salem Community Cinema 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.