Frank Theatre
EIN: 411677750 · Minneapolis, MN · NTEE: A20Z
| Metric | Value |
|---|---|
| Total Revenue | $157K |
| Total Expenses | $190K |
| Net Assets | $400K |
Is Frank Theatre Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Frank Theatre
Frank Theatre (EIN: 411677750) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code A20Z. The organization reported total revenue of $157K and total assets of $402K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Frank Theatre's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Frank Theatre is a small nonprofit that has been operating for 35 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -3.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $157K |
| Total Expenses | $190K |
| Surplus / Deficit | $-32,995 |
| Total Assets | $402K |
| Total Liabilities | $2K |
| Net Assets | $400K |
| Operating Margin | -21.0% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 25.4 months |
Financial Health Grade: B
In 2024, Frank Theatre reported a deficit of $33K with expenses exceeding revenue, holds 25.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Frank Theatre's revenue has declined at a compound annual growth rate (CAGR) of -3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +2.6% | +101.0% | -7.4% |
| 2023 | +26.7% | +7.1% | +16.0% |
| 2022 | -29.7% | +5.4% | +7.4% |
| 2021 | -19.1% | -51.8% | +35.3% |
| 2020 | +16.5% | -20.0% | +22.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Frank 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 Frank 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 deficit of $33K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.4%.
Frequently Asked Questions about Frank Theatre
Is Frank Theatre a legitimate charity?
Based on AI analysis of IRS 990 filings, Frank Theatre (EIN: 411677750) insufficient data. 0 red flags identified, 0 strengths noted.
How does Frank Theatre spend its money?
Detailed spending breakdown data is not yet available for Frank Theatre. Check back for updated IRS 990 analysis.
Are donations to Frank Theatre tax-deductible?
Frank Theatre is registered as a tax-exempt nonprofit (EIN: 411677750). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Frank Theatre located?
Frank Theatre is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 411677750. It is classified under NTEE code A20Z.
How many years of IRS 990 filings does Frank Theatre have?
Frank 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 $157K in total revenue.
Filing History
IRS 990 filing history for Frank Theatre showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Frank Theatre's revenue has declined by 32.9%, moving from $234K to $157K. Total assets increased by 251.3% over the same period, from $114K to $402K. Total functional expenses fell by 2.2%, from $194K to $190K. In its most recent filing year (2024), Frank Theatre reported a deficit of $33K, with expenses exceeding revenue. The organization holds $2K in liabilities against $402K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $400K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $157K | $190K | $402K | $2K | — | — |
| 2023 | $153K | $94K | $434K | $1K | — | View 990 |
| 2022 | $121K | $88K | $374K | $0 | — | View 990 |
| 2021 | $172K | $84K | $349K | $14K | — | View 990 |
| 2020 | $213K | $174K | $257K | $17K | — | View 990 |
| 2019 | $182K | $217K | $210K | $2K | — | View 990 |
| 2018 | $178K | $218K | $243K | $0 | — | View 990 |
| 2017 | $374K | $260K | $285K | $2K | — | View 990 |
| 2016 | $227K | $239K | $168K | $187 | — | View 990 |
| 2015 | $214K | $201K | $184K | $821 | — | View 990 |
| 2014 | $292K | $263K | $172K | $1K | — | View 990 |
| 2013 | $220K | $196K | $143K | $2K | — | View 990 |
| 2012 | $121K | $118K | $117K | $625 | — | View 990 |
| 2011 | $234K | $194K | $114K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $157K, expenses of $190K, and assets of $402K (revenue +2.6% year-over-year).
- 2023: Revenue of $153K, expenses of $94K, and assets of $434K (revenue +26.7% year-over-year).
- 2022: Revenue of $121K, expenses of $88K, and assets of $374K (revenue -29.7% year-over-year).
- 2021: Revenue of $172K, expenses of $84K, and assets of $349K (revenue -19.1% year-over-year).
- 2020: Revenue of $213K, expenses of $174K, and assets of $257K (revenue +16.5% year-over-year).
- 2019: Revenue of $182K, expenses of $217K, and assets of $210K (revenue +2.7% year-over-year).
- 2018: Revenue of $178K, expenses of $218K, and assets of $243K (revenue -52.4% year-over-year).
- 2017: Revenue of $374K, expenses of $260K, and assets of $285K (revenue +64.3% year-over-year).
- 2016: Revenue of $227K, expenses of $239K, and assets of $168K (revenue +6.1% year-over-year).
- 2015: Revenue of $214K, expenses of $201K, and assets of $184K (revenue -26.7% year-over-year).
- 2014: Revenue of $292K, expenses of $263K, and assets of $172K (revenue +32.9% year-over-year).
- 2013: Revenue of $220K, expenses of $196K, and assets of $143K (revenue +82.4% year-over-year).
- 2012: Revenue of $121K, expenses of $118K, and assets of $117K (revenue -48.5% year-over-year).
- 2011: Revenue of $234K, expenses of $194K, and assets of $114K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Frank Theatre:
Data Sources and Methodology
This transparency report for Frank 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.