Dr Phillips Center For The Performing Arts Inc
Dr Phillips Center For The Performing Arts Inc shows strong revenue growth and reports zero officer compensation across all filings.
EIN: 200695917 · Orlando, FL · NTEE: A11 · Updated: 2026-03-28
Is Dr Phillips Center For The Performing Arts Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Dr Phillips Center For The Performing Arts Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Dr Phillips Center For The Performing Arts Inc
Dr Phillips Center For The Performing Arts Inc (EIN: 200695917) is a nonprofit organization based in Orlando, FL, classified under NTEE code A11. The organization reported total revenue of $66.0M and total assets of $48.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dr Phillips Center For The Performing Arts Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dr Phillips Center For The Performing Arts Inc is a major nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 19.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $67.6M |
| Total Expenses | $58.3M |
| Surplus / Deficit | +$9.3M |
| Total Assets | $50.3M |
| Total Liabilities | $15.4M |
| Net Assets | $34.9M |
| Operating Margin | 13.8% |
| Debt-to-Asset Ratio | 30.6% |
| Months of Reserves | 10.4 months |
Financial Health Grade: A
In 2023, Dr Phillips Center For The Performing Arts Inc reported a surplus of $9.3M with revenue exceeding expenses, holds 10.4 months of operating reserves (strong position), has a debt-to-asset ratio of 30.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Dr Phillips Center For The Performing Arts Inc's revenue has grown at a compound annual growth rate (CAGR) of 19.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +58.7% | +43.6% | +27.7% |
| 2022 | +84.6% | +192.5% | -45.6% |
| 2021 | -27.5% | -54.5% | -11.3% |
| 2020 | -29.8% | -27.3% | +0.1% |
| 2019 | +8.6% | +12.7% | +6.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Dr Phillips Center For The Performing Arts 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Dr Phillips Center For The Performing Arts Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 surplus of $9.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 30.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all 13 available filings, which is highly unusual for an organization of its size with revenues reaching $67.6 million in 2023. This suggests either that executive leadership is entirely volunteer-based, compensated through a related entity, or that compensation is structured in a way that is not reported in this section of the 990.
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 Dr Phillips Center For The Performing Arts Inc's IRS 990 filings:
- Consistent 0% officer compensation for a large organization, which may obscure actual executive remuneration practices or indicate an unusual compensation structure.
Strengths
The following positive indicators were identified for Dr Phillips Center For The Performing Arts Inc:
- Strong revenue growth, increasing from $23.1 million in 2021 to $67.6 million in 2023, indicating robust operational activity.
- Consistent positive net operating results (revenue exceeding expenses) in most periods, demonstrating sound financial management.
- Substantial asset base, with $50.3 million in 2023, providing financial stability and capacity for future initiatives.
Frequently Asked Questions about Dr Phillips Center For The Performing Arts Inc
Is Dr Phillips Center For The Performing Arts Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Dr Phillips Center For The Performing Arts Inc (EIN: 200695917) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
How does Dr Phillips Center For The Performing Arts Inc spend its money?
Dr Phillips Center For The Performing Arts Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Dr Phillips Center For The Performing Arts Inc tax-deductible?
Dr Phillips Center For The Performing Arts Inc is registered as a tax-exempt nonprofit (EIN: 200695917). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Dr Phillips Center For The Performing Arts Inc manage to report 0% officer compensation despite its significant size and revenue?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization with revenues reaching $67.6 million. This could indicate that executive leadership is volunteer-based, compensated through a related entity, or that compensation is structured in a way not captured in the 'officer compensation' section of the 990. Further investigation into their compensation practices would be necessary to understand this fully.
What caused the significant increase in assets from $39.4 million in 2022 to $50.3 million in 2023, and the prior decrease from $81.6 million in 2020 to $39.4 million in 2022?
The fluctuations in assets, particularly the drop from $81.6 million in 2020 to $39.4 million in 2022 and subsequent rise to $50.3 million in 2023, warrant further examination. These changes could be due to significant capital expenditures, asset sales, or changes in investment values. Without more detailed financial statements, the exact reasons are unclear.
Is Dr Phillips Center For The Performing Arts Inc financially stable given its revenue and asset fluctuations?
Despite asset fluctuations, the organization appears financially stable. It consistently generates more revenue than expenses (e.g., $67.6M revenue vs. $58.3M expenses in 2023), indicating positive operating margins. Its substantial asset base ($50.3M in 2023) also provides a strong foundation.
Filing History
IRS 990 filing history for Dr Phillips Center For The Performing Arts Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Dr Phillips Center For The Performing Arts Inc's revenue has grown by 742.7%, moving from $8.0M to $67.6M. Total assets decreased by 41.2% over the same period, from $85.5M to $50.3M. Total functional expenses rose by 2023.2%, from $2.7M to $58.3M. In its most recent filing year (2023), Dr Phillips Center For The Performing Arts Inc reported a surplus of $9.3M, with revenue exceeding expenses. The organization holds $15.4M in liabilities against $50.3M in assets (debt-to-asset ratio: 30.6%), resulting in net assets of $34.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $67.6M | $58.3M | $50.3M | $15.4M | — | — |
| 2022 | $42.6M | $40.6M | $39.4M | $13.0M | — | View 990 |
| 2021 | $23.1M | $13.9M | $72.4M | $11.1M | — | View 990 |
| 2020 | $31.8M | $30.5M | $81.6M | $7.6M | — | View 990 |
| 2019 | $45.3M | $42.0M | $81.5M | $8.3M | — | View 990 |
| 2018 | $41.8M | $37.2M | $76.9M | $7.3M | — | View 990 |
| 2017 | $53.6M | $34.4M | $71.3M | $6.4M | — | View 990 |
| 2016 | $34.3M | $26.7M | $56.8M | $10.4M | — | View 990 |
| 2015 | $48.3M | $28.2M | $51.8M | $14.2M | — | View 990 |
| 2014 | $7.8M | $6.0M | $79.4M | $13.6M | — | View 990 |
| 2013 | $1.9M | $4.2M | $80.0M | $16.9M | — | View 990 |
| 2012 | $170K | $1.5M | $85.4M | $20.6M | — | View 990 |
| 2011 | $8.0M | $2.7M | $85.5M | $20.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $67.6M, expenses of $58.3M, and assets of $50.3M (revenue +58.7% year-over-year).
- 2022: Revenue of $42.6M, expenses of $40.6M, and assets of $39.4M (revenue +84.6% year-over-year).
- 2021: Revenue of $23.1M, expenses of $13.9M, and assets of $72.4M (revenue -27.5% year-over-year).
- 2020: Revenue of $31.8M, expenses of $30.5M, and assets of $81.6M (revenue -29.8% year-over-year).
- 2019: Revenue of $45.3M, expenses of $42.0M, and assets of $81.5M (revenue +8.6% year-over-year).
- 2018: Revenue of $41.8M, expenses of $37.2M, and assets of $76.9M (revenue -22.2% year-over-year).
- 2017: Revenue of $53.6M, expenses of $34.4M, and assets of $71.3M (revenue +56.3% year-over-year).
- 2016: Revenue of $34.3M, expenses of $26.7M, and assets of $56.8M (revenue -28.9% year-over-year).
- 2015: Revenue of $48.3M, expenses of $28.2M, and assets of $51.8M (revenue +520.5% year-over-year).
- 2014: Revenue of $7.8M, expenses of $6.0M, and assets of $79.4M (revenue +317.1% year-over-year).
- 2013: Revenue of $1.9M, expenses of $4.2M, and assets of $80.0M (revenue +997.2% year-over-year).
- 2012: Revenue of $170K, expenses of $1.5M, and assets of $85.4M (revenue -97.9% year-over-year).
- 2011: Revenue of $8.0M, expenses of $2.7M, and assets of $85.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dr Phillips Center For The Performing Arts Inc:
Data Sources and Methodology
This transparency report for Dr Phillips Center For The Performing Arts 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.