Fairbanks Light Opera Theatre
EIN: 237083993 · Fairbanks, AK · NTEE: A650
| Metric | Value |
|---|---|
| Total Revenue | $74K |
| Total Expenses | $32K |
| Net Assets | $31K |
Is Fairbanks Light Opera Theatre Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Fairbanks Light Opera Theatre
Fairbanks Light Opera Theatre (EIN: 237083993) is a nonprofit organization based in Fairbanks, AK, classified under NTEE code A650. The organization reported total revenue of $74K and total assets of $40K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fairbanks Light Opera Theatre's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fairbanks Light Opera Theatre is a micro nonprofit that has been operating for 55 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -9.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $35K |
| Total Expenses | $32K |
| Surplus / Deficit | +$4K |
| Total Assets | $31K |
| Net Assets | $31K |
| Operating Margin | 10.4% |
| Months of Reserves | 11.6 months |
Financial Health Grade: A
In 2024, Fairbanks Light Opera Theatre reported a surplus of $4K with revenue exceeding expenses, holds 11.6 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), Fairbanks Light Opera Theatre's revenue has declined at a compound annual growth rate (CAGR) of -9.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -64.1% | -61.1% | +13.6% |
| 2023 | +256.3% | +97.0% | +172.6% |
| 2022 | +13.4% | +73.4% | -58.1% |
| 2021 | -73.2% | -73.5% | +0.9% |
| 2020 | +398.0% | +120.4% | +6.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1971 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fairbanks Light Opera Theatre 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 Fairbanks Light Opera Theatre 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
Frequently Asked Questions about Fairbanks Light Opera Theatre
Is Fairbanks Light Opera Theatre a legitimate charity?
Fairbanks Light Opera Theatre (EIN: 237083993) is a registered tax-exempt nonprofit based in Alaska. It has 14 years of IRS 990 filings on record. Total revenue: $74K. No red flags identified. Financial health grade: A.
How does Fairbanks Light Opera Theatre spend its money?
Fairbanks Light Opera Theatre reported $74K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Fairbanks Light Opera Theatre tax-deductible?
Fairbanks Light Opera Theatre is registered as a tax-exempt nonprofit (EIN: 237083993). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fairbanks Light Opera Theatre located?
Fairbanks Light Opera Theatre is headquartered in Fairbanks, Alaska and files with the IRS under EIN 237083993. It is classified under NTEE code A650.
How many years of IRS 990 filings does Fairbanks Light Opera Theatre have?
Fairbanks Light Opera Theatre has 14 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 $74K in total revenue.
Filing History
IRS 990 filing history for Fairbanks Light Opera Theatre showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Fairbanks Light Opera Theatre's revenue has declined by 71.2%, moving from $123K to $35K. Total assets increased by 863% over the same period, from $3K to $31K. Total functional expenses fell by 74.7%, from $125K to $32K. In its most recent filing year (2024), Fairbanks Light Opera Theatre reported a surplus of $4K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $35K | $32K | $31K | $0 | — | — |
| 2023 | $99K | $81K | $27K | $0 | — | — |
| 2022 | $28K | $41K | $10K | $0 | — | — |
| 2021 | $24K | $24K | $24K | $0 | — | — |
| 2020 | $91K | $90K | $23K | $360 | — | View 990 |
| 2019 | $18K | $41K | $22K | $0 | — | View 990 |
| 2018 | $119K | $149K | $32K | $30 | — | View 990 |
| 2017 | $90K | $87K | $60K | $0 | — | View 990 |
| 2016 | $120K | $120K | $57K | $0 | — | View 990 |
| 2015 | $180K | $123K | $58K | $0 | — | View 990 |
| 2014 | $132K | $163K | $3K | $0 | — | View 990 |
| 2013 | $220K | $187K | $34K | $-21 | — | View 990 |
| 2012 | $180K | $182K | $897 | $0 | — | View 990 |
| 2011 | $123K | $125K | $3K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $35K, expenses of $32K, and assets of $31K (revenue -64.1% year-over-year).
- 2023: Revenue of $99K, expenses of $81K, and assets of $27K (revenue +256.3% year-over-year).
- 2022: Revenue of $28K, expenses of $41K, and assets of $10K (revenue +13.4% year-over-year).
- 2021: Revenue of $24K, expenses of $24K, and assets of $24K (revenue -73.2% year-over-year).
- 2020: Revenue of $91K, expenses of $90K, and assets of $23K (revenue +398.0% year-over-year).
- 2019: Revenue of $18K, expenses of $41K, and assets of $22K (revenue -84.7% year-over-year).
- 2018: Revenue of $119K, expenses of $149K, and assets of $32K (revenue +31.9% year-over-year).
- 2017: Revenue of $90K, expenses of $87K, and assets of $60K (revenue -25.0% year-over-year).
- 2016: Revenue of $120K, expenses of $120K, and assets of $57K (revenue -32.9% year-over-year).
- 2015: Revenue of $180K, expenses of $123K, and assets of $58K (revenue +35.6% year-over-year).
- 2014: Revenue of $132K, expenses of $163K, and assets of $3K (revenue -39.9% year-over-year).
- 2013: Revenue of $220K, expenses of $187K, and assets of $34K (revenue +22.7% year-over-year).
- 2012: Revenue of $180K, expenses of $182K, and assets of $897 (revenue +46.4% year-over-year).
- 2011: Revenue of $123K, expenses of $125K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fairbanks Light Opera Theatre:
Data Sources and Methodology
This transparency report for Fairbanks Light Opera Theatre 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.