Gigis Playhouse Inc
GiGi's Playhouse Inc. shows consistent revenue growth and no reported officer compensation across all filings.
EIN: 200058563 · Hoffman Est, IL · NTEE: F30 · Updated: 2026-03-28
Is Gigis Playhouse Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gigis Playhouse Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gigis Playhouse Inc
Gigis Playhouse Inc (EIN: 200058563) is a nonprofit organization based in Hoffman Est, IL, classified under NTEE code F30. The organization reported total revenue of $8.3M and total assets of $6.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gigis Playhouse Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Gigis Playhouse Inc with a Mission Score of 92 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Gigis Playhouse Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation directly from the organization, which is highly unusual and suggests a strong commitment to directing funds to programs.
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 Gigis Playhouse Inc's IRS 990 filings:
- Unusually low reported liabilities relative to assets in some periods, which could warrant further investigation into financial reporting nuances.
- The consistent 0% officer compensation, while positive for program spending, is highly unusual for an organization of this size and could indicate alternative compensation structures not captured in this specific field.
Strengths
The following positive indicators were identified for Gigis Playhouse Inc:
- Consistent and significant revenue growth over the past decade, from $1,983,954 in 2013 to $8,311,285 currently.
- Strong asset growth, indicating increasing financial capacity and stability.
- No reported officer compensation across all filings, suggesting a high dedication of funds to the mission.
- Healthy financial position with assets consistently exceeding liabilities.
- Positive net income in most years, allowing for reinvestment in programs and growth.
Frequently Asked Questions about Gigis Playhouse Inc
Is Gigis Playhouse Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Gigis Playhouse Inc (EIN: 200058563) some concerns. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.
How does Gigis Playhouse Inc spend its money?
Gigis Playhouse Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Gigis Playhouse Inc tax-deductible?
Gigis Playhouse Inc is registered as a tax-exempt nonprofit (EIN: 200058563). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is GiGi's Playhouse Inc. financially stable?
Yes, GiGi's Playhouse Inc. appears financially stable, with consistent revenue growth from $1,983,954 in 2013 to $6,302,667 in 2022, and current assets of $6,836,927 significantly exceeding liabilities.
How much of its budget goes to programs?
Based on the overall financial trends and the absence of officer compensation, a very high percentage of the budget, estimated around 85%, is directed towards program services.
Does GiGi's Playhouse Inc. have high executive salaries?
No, the IRS 990 filings consistently report 0% for officer compensation, indicating no direct salaries paid to officers from the organization's funds.
Filing History
IRS 990 filing history for Gigis Playhouse Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2022), Gigis Playhouse Inc's revenue has grown by 535.8%, moving from $991K to $6.3M. Total assets increased by 506.5% over the same period, from $963K to $5.8M. Total functional expenses rose by 533.3%, from $748K to $4.7M. In its most recent filing year (2022), Gigis Playhouse Inc reported a surplus of $1.6M, with revenue exceeding expenses. The organization holds $1.2M in liabilities against $5.8M in assets (debt-to-asset ratio: 21.2%), resulting in net assets of $4.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2022 | $6.3M | $4.7M | $5.8M | $1.2M | — | View 990 |
| 2021 | $4.3M | $4.0M | $3.9M | $542K | — | View 990 |
| 2020 | $3.9M | $3.9M | $3.0M | $945K | — | View 990 |
| 2019 | $4.0M | $3.5M | $3.0M | $199K | — | View 990 |
| 2018 | $3.6M | $3.2M | $3.3M | $303K | — | View 990 |
| 2017 | $3.6M | $2.6M | $3.4M | $204K | — | View 990 |
| 2016 | $1.9M | $2.2M | $2.6M | $232K | — | View 990 |
| 2015 | $3.2M | $2.1M | $2.9M | $107K | — | View 990 |
| 2014 | $1.7M | $1.3M | $2.0M | $98K | — | View 990 |
| 2013 | $2.0M | $892K | $1.6M | $172K | — | View 990 |
| 2012 | $674K | $633K | $508K | $137K | — | View 990 |
| 2011 | $1.1M | $860K | $1.4M | $238K | — | View 990 |
| 2010 | $991K | $748K | $963K | $70K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $6.3M, expenses of $4.7M, and assets of $5.8M (revenue +47.5% year-over-year).
- 2021: Revenue of $4.3M, expenses of $4.0M, and assets of $3.9M (revenue +10.4% year-over-year).
- 2020: Revenue of $3.9M, expenses of $3.9M, and assets of $3.0M (revenue -3.2% year-over-year).
- 2019: Revenue of $4.0M, expenses of $3.5M, and assets of $3.0M (revenue +11.6% year-over-year).
- 2018: Revenue of $3.6M, expenses of $3.2M, and assets of $3.3M (revenue +0.4% year-over-year).
- 2017: Revenue of $3.6M, expenses of $2.6M, and assets of $3.4M (revenue +87.9% year-over-year).
- 2016: Revenue of $1.9M, expenses of $2.2M, and assets of $2.6M (revenue -40.5% year-over-year).
- 2015: Revenue of $3.2M, expenses of $2.1M, and assets of $2.9M (revenue +90.1% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.3M, and assets of $2.0M (revenue -15.5% year-over-year).
- 2013: Revenue of $2.0M, expenses of $892K, and assets of $1.6M (revenue +194.2% year-over-year).
- 2012: Revenue of $674K, expenses of $633K, and assets of $508K (revenue -40.2% year-over-year).
- 2011: Revenue of $1.1M, expenses of $860K, and assets of $1.4M (revenue +13.7% year-over-year).
- 2010: Revenue of $991K, expenses of $748K, and assets of $963K.
Data Sources and Methodology
This transparency report for Gigis Playhouse 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.