Earl L And Corinne A Otto Community Theatre Endowment Tr
Earl L And Corinne A Otto Community Theatre Endowment Tr maintains over $2 million in assets with zero liabilities and no officer compensation.
EIN: 207437282 · Wisc Rapids, WI · NTEE: A116 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $301K |
| Total Expenses | $106K |
| Program Spending | 95% |
| Net Assets | $2.3M |
| Transparency Score | 90/100 |
Is Earl L And Corinne A Otto Community Theatre Endowment Tr Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Earl L And Corinne A Otto Community Theatre Endowment Tr directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Earl L And Corinne A Otto Community Theatre Endowment Tr
Earl L And Corinne A Otto Community Theatre Endowment Tr (EIN: 207437282) is a nonprofit organization based in Wisc Rapids, WI, classified under NTEE code A116. The organization reported total revenue of $301K and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Earl L And Corinne A Otto Community Theatre Endowment Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Earl L And Corinne A Otto Community Theatre Endowment Tr is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $122K |
| Total Expenses | $106K |
| Surplus / Deficit | +$16K |
| Total Assets | $2.3M |
| Net Assets | $2.3M |
| Operating Margin | 13.3% |
| Months of Reserves | 254.5 months |
Financial Health Grade: A
In 2023, Earl L And Corinne A Otto Community Theatre Endowment Tr reported a surplus of $16K with revenue exceeding expenses, holds 254.5 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Earl L And Corinne A Otto Community Theatre Endowment Tr's revenue has grown at a compound annual growth rate (CAGR) of 0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +105.6% | -6.6% | +7.9% |
| 2022 | -55.1% | +8.2% | -17.3% |
| 2021 | -24.2% | +1.4% | +3.8% |
| 2020 | +51.7% | -43.9% | +6.9% |
| 2019 | -13.1% | +87.4% | +7.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Earl L And Corinne A Otto Community Theatre Endowment Tr with a Mission Score of 90 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Earl L And Corinne A Otto Community Theatre Endowment Tr allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $16K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to executives. This suggests a volunteer-led structure or that administrative functions are covered by other means, significantly reducing overhead.
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.
Strengths
The following positive indicators were identified for Earl L And Corinne A Otto Community Theatre Endowment Tr:
- Consistent asset base over $2 million, demonstrating strong financial health.
- Zero liabilities reported across all filings, indicating no debt burden.
- 0% officer compensation, highlighting extremely low administrative overhead and high efficiency.
- Consistent IRS 990 filing history (13 filings), showing strong transparency and compliance.
- Positive net assets and strong balance sheet.
Frequently Asked Questions about Earl L And Corinne A Otto Community Theatre Endowment Tr
Is Earl L And Corinne A Otto Community Theatre Endowment Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Earl L And Corinne A Otto Community Theatre Endowment Tr (EIN: 207437282) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Earl L And Corinne A Otto Community Theatre Endowment Tr spend its money?
Earl L And Corinne A Otto Community Theatre Endowment Tr directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Earl L And Corinne A Otto Community Theatre Endowment Tr tax-deductible?
Earl L And Corinne A Otto Community Theatre Endowment Tr is registered as a tax-exempt nonprofit (EIN: 207437282). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Earl L And Corinne A Otto Community Theatre Endowment Tr compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Earl L And Corinne A Otto Community Theatre Endowment Tr is above average for NTEE category A116 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Earl L And Corinne A Otto Community Theatre Endowment Tr located?
Earl L And Corinne A Otto Community Theatre Endowment Tr is headquartered in Wisc Rapids, Wisconsin and files with the IRS under EIN 207437282. It is classified under NTEE code A116.
How many years of IRS 990 filings does Earl L And Corinne A Otto Community Theatre Endowment Tr have?
Earl L And Corinne A Otto Community Theatre Endowment Tr has 13 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 $301K in total revenue.
Is Earl L And Corinne A Otto Community Theatre Endowment Tr a good charity?
Based on its financial data, the Earl L And Corinne A Otto Community Theatre Endowment Tr appears to be a very well-managed and financially sound organization. It maintains substantial assets, has no liabilities, and reports zero officer compensation, indicating high efficiency and a strong focus on its endowment purpose.
How does this organization spend its money?
The organization primarily spends its money on grants and distributions in line with its endowment purpose. For example, in 2023, it had expenses of $106,133 against revenue of $122,392. A very small portion would be for administrative costs, as there is no officer compensation.
What is the financial stability of this endowment?
The financial stability is excellent. The endowment consistently holds over $2 million in assets, reaching $2,310,099 in the latest filing, and has reported $0 in liabilities across all available periods, indicating a very strong and secure financial position.
Filing History
IRS 990 filing history for Earl L And Corinne A Otto Community Theatre Endowment Tr showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Earl L And Corinne A Otto Community Theatre Endowment Tr's revenue has grown by 10.7%, moving from $111K to $122K. Total assets increased by 21.6% over the same period, from $1.9M to $2.3M. Total functional expenses rose by 53.3%, from $69K to $106K. In its most recent filing year (2023), Earl L And Corinne A Otto Community Theatre Endowment Tr reported a surplus of $16K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $122K | $106K | $2.3M | $0 | — | — |
| 2022 | $60K | $114K | $2.1M | $0 | — | — |
| 2021 | $132K | $105K | $2.5M | $0 | — | View 990 |
| 2020 | $175K | $104K | $2.4M | $0 | — | — |
| 2019 | $115K | $184K | $2.3M | $0 | — | View 990 |
| 2018 | $133K | $98K | $2.1M | $0 | — | View 990 |
| 2017 | $105K | $95K | $2.3M | $0 | — | — |
| 2016 | $74K | $97K | $2.2M | $0 | — | View 990 |
| 2015 | $161K | $98K | $2.1M | $0 | — | View 990 |
| 2014 | $107K | $94K | $2.2M | $0 | — | View 990 |
| 2013 | $117K | $71K | $1.9M | $0 | — | View 990 |
| 2012 | $86K | $67K | $1.9M | $0 | — | View 990 |
| 2011 | $111K | $69K | $1.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $122K, expenses of $106K, and assets of $2.3M (revenue +105.6% year-over-year).
- 2022: Revenue of $60K, expenses of $114K, and assets of $2.1M (revenue -55.1% year-over-year).
- 2021: Revenue of $132K, expenses of $105K, and assets of $2.5M (revenue -24.2% year-over-year).
- 2020: Revenue of $175K, expenses of $104K, and assets of $2.4M (revenue +51.7% year-over-year).
- 2019: Revenue of $115K, expenses of $184K, and assets of $2.3M (revenue -13.1% year-over-year).
- 2018: Revenue of $133K, expenses of $98K, and assets of $2.1M (revenue +26.6% year-over-year).
- 2017: Revenue of $105K, expenses of $95K, and assets of $2.3M (revenue +41.7% year-over-year).
- 2016: Revenue of $74K, expenses of $97K, and assets of $2.2M (revenue -54.1% year-over-year).
- 2015: Revenue of $161K, expenses of $98K, and assets of $2.1M (revenue +51.3% year-over-year).
- 2014: Revenue of $107K, expenses of $94K, and assets of $2.2M (revenue -8.7% year-over-year).
- 2013: Revenue of $117K, expenses of $71K, and assets of $1.9M (revenue +35.1% year-over-year).
- 2012: Revenue of $86K, expenses of $67K, and assets of $1.9M (revenue -21.9% year-over-year).
- 2011: Revenue of $111K, expenses of $69K, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Earl L And Corinne A Otto Community Theatre Endowment Tr:
Data Sources and Methodology
This transparency report for Earl L And Corinne A Otto Community Theatre Endowment Tr 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.