Forum Theatre Inc
EIN: 371786041 · Silver Spring, MD
| Metric | Value |
|---|---|
| Total Expenses | $272K |
| Net Assets | $-4,389 |
Is Forum Theatre Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Forum Theatre Inc
Forum Theatre Inc (EIN: 371786041) is a nonprofit organization based in Silver Spring, MD. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Forum Theatre Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Forum Theatre Inc is a small nonprofit, with 2 years of IRS 990 filings on record (2016–2017). Revenue has grown at a compound annual rate of 18.1%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $280K |
| Total Expenses | $272K |
| Surplus / Deficit | +$8K |
| Total Assets | $19K |
| Total Liabilities | $24K |
| Net Assets | $-4,389 |
| Operating Margin | 2.8% |
| Debt-to-Asset Ratio | 122.9% |
| Months of Reserves | 0.8 months |
Financial Health Grade: B
In 2017, Forum Theatre Inc reported a surplus of $8K with revenue exceeding expenses, holds 0.8 months of operating reserves (limited), has a debt-to-asset ratio of 122.9% (high leverage).
Financial Trends
Over 2 years of filings (2016–2017), Forum Theatre Inc's revenue has grown at a compound annual growth rate (CAGR) of 18.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | +18.1% | +16.3% | +631.3% |
AI Analysis Pending
AI enrichment for Forum Theatre Inc 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 Forum Theatre Inc 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $8K, with revenue exceeding expenses.
- Debt-to-asset ratio: 122.9%.
Frequently Asked Questions about Forum Theatre Inc
Is Forum Theatre Inc a legitimate charity?
Forum Theatre Inc (EIN: 371786041) is a registered tax-exempt nonprofit based in Maryland. It has 2 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Forum Theatre Inc spend its money?
Forum Theatre Inc reported its financials in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Forum Theatre Inc tax-deductible?
Forum Theatre Inc is registered as a tax-exempt nonprofit (EIN: 371786041). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Forum Theatre Inc located?
Forum Theatre Inc is headquartered in Silver Spring, Maryland and files with the IRS under EIN 371786041.
How many years of IRS 990 filings does Forum Theatre Inc have?
Forum Theatre Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Forum Theatre Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2016–2017), Forum Theatre Inc's revenue has grown by 18.1%, moving from $237K to $280K. Total assets increased by 631.3% over the same period, from $3K to $19K. Total functional expenses rose by 16.3%, from $234K to $272K. In its most recent filing year (2017), Forum Theatre Inc reported a surplus of $8K, with revenue exceeding expenses. The organization holds $24K in liabilities against $19K in assets (debt-to-asset ratio: 122.9%), resulting in net assets of $-4,389.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $280K | $272K | $19K | $24K | — | View 990 |
| 2016 | $237K | $234K | $3K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Forum Theatre Inc:
Data Sources and Methodology
This transparency report for Forum Theatre 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.