Grand Illusion Cinema
Grand Illusion Cinema shows strong revenue growth and asset accumulation with no reported officer compensation.
EIN: 134273973 · Seattle, WA · NTEE: A31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $394K |
| Total Expenses | $176K |
| Program Spending | 85% |
| Net Assets | $208K |
| Transparency Score | 90/100 |
Is Grand Illusion Cinema Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Grand Illusion Cinema directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Grand Illusion Cinema
Grand Illusion Cinema (EIN: 134273973) is a nonprofit organization based in Seattle, WA, classified under NTEE code A31. The organization reported total revenue of $394K and total assets of $383K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grand Illusion Cinema's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grand Illusion Cinema is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 8.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $232K |
| Total Expenses | $176K |
| Surplus / Deficit | +$56K |
| Total Assets | $210K |
| Total Liabilities | $2K |
| Net Assets | $208K |
| Operating Margin | 24.1% |
| Debt-to-Asset Ratio | 1.1% |
| Months of Reserves | 14.3 months |
Financial Health Grade: A
In 2024, Grand Illusion Cinema reported a surplus of $56K with revenue exceeding expenses, holds 14.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.1% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Grand Illusion Cinema's revenue has grown at a compound annual growth rate (CAGR) of 8.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +18.4% | +26.1% | +37.0% |
| 2023 | +179.6% | +102.8% | +63.3% |
| 2022 | +10.2% | +32.2% | -1.7% |
| 2021 | -36.6% | -43.3% | +18.1% |
| 2020 | -15.9% | -19.4% | +12.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2004 |
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 Grand Illusion Cinema 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Grand Illusion Cinema 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.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $56K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer channels, which is a positive sign for resource allocation to mission-related activities.
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 Grand Illusion Cinema's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data prevents granular efficiency analysis.
Strengths
The following positive indicators were identified for Grand Illusion Cinema:
- Consistent revenue growth, particularly in recent years (e.g., $70,108 in 2022 to $232,091 in 2024).
- Healthy asset accumulation, more than doubling from $93,813 in 2022 to $209,768 in 2024.
- Very low liabilities, consistently under $2,500, indicating strong financial management.
- 0% reported officer compensation across all filings, suggesting high dedication of resources to mission.
- Positive net income in most recent periods, allowing for reinvestment and asset growth.
Frequently Asked Questions about Grand Illusion Cinema
Is Grand Illusion Cinema a legitimate charity?
Grand Illusion Cinema (EIN: 134273973) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $394K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Grand Illusion Cinema spend its money?
Grand Illusion Cinema directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Grand Illusion Cinema tax-deductible?
Grand Illusion Cinema is registered as a tax-exempt nonprofit (EIN: 134273973). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Grand Illusion Cinema's spending goes to programs?
Grand Illusion Cinema directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Grand Illusion Cinema compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Grand Illusion Cinema is above average for NTEE category A31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Grand Illusion Cinema located?
Grand Illusion Cinema is headquartered in Seattle, Washington and files with the IRS under EIN 134273973. It is classified under NTEE code A31.
How many years of IRS 990 filings does Grand Illusion Cinema have?
Grand Illusion Cinema 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 $394K in total revenue.
Is Grand Illusion Cinema a good charity?
Based on the available IRS 990 data, Grand Illusion Cinema appears to be a well-managed charity. It demonstrates consistent revenue growth, healthy asset accumulation, and very low liabilities. The absence of reported officer compensation is also a strong positive indicator of resource dedication to its mission.
How has Grand Illusion Cinema's financial health changed over time?
Grand Illusion Cinema has shown significant financial improvement, particularly in recent years. Revenue has grown from $70,108 in 2022 to $232,091 in 2024, and assets have more than doubled from $93,813 to $209,768 in the same period, indicating robust growth and increasing financial stability.
What is Grand Illusion Cinema's approach to executive compensation?
Grand Illusion Cinema consistently reports 0% officer compensation in its IRS 990 filings. This suggests a volunteer-driven leadership model or that executive compensation is structured in a way that is not classified as officer compensation, which can be seen as a commitment to minimizing overhead.
Filing History
IRS 990 filing history for Grand Illusion Cinema showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Grand Illusion Cinema's revenue has grown by 170.6%, moving from $86K to $232K. Total assets increased by 529.8% over the same period, from $33K to $210K. Total functional expenses rose by 117.1%, from $81K to $176K. In its most recent filing year (2024), Grand Illusion Cinema reported a surplus of $56K, with revenue exceeding expenses. The organization holds $2K in liabilities against $210K in assets (debt-to-asset ratio: 1.1%), resulting in net assets of $208K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $232K | $176K | $210K | $2K | — | — |
| 2023 | $196K | $140K | $153K | $1K | — | — |
| 2022 | $70K | $69K | $94K | $403 | — | View 990 |
| 2021 | $64K | $52K | $95K | $500 | — | — |
| 2020 | $100K | $92K | $81K | $1K | — | View 990 |
| 2019 | $119K | $114K | $72K | $1K | — | View 990 |
| 2018 | $92K | $104K | $66K | $764 | — | View 990 |
| 2017 | $120K | $119K | $77K | $0 | — | View 990 |
| 2016 | $134K | $109K | $77K | $0 | — | View 990 |
| 2015 | $235K | $233K | $52K | $0 | — | View 990 |
| 2014 | $108K | $103K | $50K | $0 | — | View 990 |
| 2013 | $112K | $100K | $45K | $0 | — | View 990 |
| 2012 | $86K | $81K | $33K | $641 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $232K, expenses of $176K, and assets of $210K (revenue +18.4% year-over-year).
- 2023: Revenue of $196K, expenses of $140K, and assets of $153K (revenue +179.6% year-over-year).
- 2022: Revenue of $70K, expenses of $69K, and assets of $94K (revenue +10.2% year-over-year).
- 2021: Revenue of $64K, expenses of $52K, and assets of $95K (revenue -36.6% year-over-year).
- 2020: Revenue of $100K, expenses of $92K, and assets of $81K (revenue -15.9% year-over-year).
- 2019: Revenue of $119K, expenses of $114K, and assets of $72K (revenue +29.2% year-over-year).
- 2018: Revenue of $92K, expenses of $104K, and assets of $66K (revenue -22.7% year-over-year).
- 2017: Revenue of $120K, expenses of $119K, and assets of $77K (revenue -10.6% year-over-year).
- 2016: Revenue of $134K, expenses of $109K, and assets of $77K (revenue -43.1% year-over-year).
- 2015: Revenue of $235K, expenses of $233K, and assets of $52K (revenue +116.7% year-over-year).
- 2014: Revenue of $108K, expenses of $103K, and assets of $50K (revenue -3.6% year-over-year).
- 2013: Revenue of $112K, expenses of $100K, and assets of $45K (revenue +31.1% year-over-year).
- 2012: Revenue of $86K, expenses of $81K, and assets of $33K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grand Illusion Cinema:
Data Sources and Methodology
This transparency report for Grand Illusion Cinema 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.