Grand Ledge Opera House Authority
EIN: 382781549 · Grand Ledge, MI · NTEE: A800
| Metric | Value |
|---|---|
| Total Revenue | $205K |
| Total Expenses | $226K |
| Net Assets | $261K |
Is Grand Ledge Opera House Authority Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Grand Ledge Opera House Authority
Grand Ledge Opera House Authority (EIN: 382781549) is a nonprofit organization based in Grand Ledge, MI, classified under NTEE code A800. The organization reported total revenue of $205K and total assets of $618K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grand Ledge Opera House Authority's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grand Ledge Opera House Authority is a small nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $189K |
| Total Expenses | $226K |
| Surplus / Deficit | $-36,403 |
| Total Assets | $615K |
| Total Liabilities | $354K |
| Net Assets | $261K |
| Operating Margin | -19.2% |
| Debt-to-Asset Ratio | 57.5% |
| Months of Reserves | 32.7 months |
Financial Health Grade: C
In 2023, Grand Ledge Opera House Authority reported a deficit of $36K with expenses exceeding revenue, holds 32.7 months of operating reserves (strong position), has a debt-to-asset ratio of 57.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Grand Ledge Opera House Authority's revenue has grown at a compound annual growth rate (CAGR) of 0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.4% | +23.6% | -2.1% |
| 2022 | +71.4% | +27.1% | -7.8% |
| 2021 | +29.9% | -24.4% | -2.9% |
| 2020 | -67.5% | -30.8% | +5.8% |
| 2019 | +5.5% | -3.1% | -6.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Grand Ledge Opera House Authority 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 Grand Ledge Opera House Authority 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $36K, with expenses exceeding revenue.
- Debt-to-asset ratio: 57.5%.
Frequently Asked Questions about Grand Ledge Opera House Authority
Is Grand Ledge Opera House Authority a legitimate charity?
Based on AI analysis of IRS 990 filings, Grand Ledge Opera House Authority (EIN: 382781549) insufficient data. 0 red flags identified, 0 strengths noted.
How does Grand Ledge Opera House Authority spend its money?
Detailed spending breakdown data is not yet available for Grand Ledge Opera House Authority. Check back for updated IRS 990 analysis.
Are donations to Grand Ledge Opera House Authority tax-deductible?
Grand Ledge Opera House Authority is registered as a tax-exempt nonprofit (EIN: 382781549). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Grand Ledge Opera House Authority located?
Grand Ledge Opera House Authority is headquartered in Grand Ledge, Michigan and files with the IRS under EIN 382781549. It is classified under NTEE code A800.
How many years of IRS 990 filings does Grand Ledge Opera House Authority have?
Grand Ledge Opera House Authority 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 $205K in total revenue.
Filing History
IRS 990 filing history for Grand Ledge Opera House Authority showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Grand Ledge Opera House Authority's revenue has grown by 7.9%, moving from $175K to $189K. Total assets decreased by 24.7% over the same period, from $817K to $615K. Total functional expenses rose by 4.7%, from $215K to $226K. In its most recent filing year (2023), Grand Ledge Opera House Authority reported a deficit of $36K, with expenses exceeding revenue. The organization holds $354K in liabilities against $615K in assets (debt-to-asset ratio: 57.5%), resulting in net assets of $261K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $189K | $226K | $615K | $354K | — | View 990 |
| 2022 | $190K | $183K | $628K | $331K | — | — |
| 2021 | $111K | $144K | $682K | $392K | — | View 990 |
| 2020 | $85K | $190K | $702K | $414K | — | View 990 |
| 2019 | $263K | $275K | $664K | $238K | — | View 990 |
| 2018 | $249K | $283K | $709K | $271K | — | View 990 |
| 2017 | $218K | $248K | $748K | $276K | — | View 990 |
| 2016 | $227K | $244K | $731K | $229K | — | View 990 |
| 2015 | $239K | $245K | $770K | $250K | — | View 990 |
| 2014 | $268K | $259K | $787K | $261K | — | View 990 |
| 2013 | $258K | $246K | $791K | $274K | — | View 990 |
| 2012 | $225K | $234K | $784K | $280K | — | View 990 |
| 2011 | $175K | $215K | $817K | $303K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $189K, expenses of $226K, and assets of $615K (revenue -0.4% year-over-year).
- 2022: Revenue of $190K, expenses of $183K, and assets of $628K (revenue +71.4% year-over-year).
- 2021: Revenue of $111K, expenses of $144K, and assets of $682K (revenue +29.9% year-over-year).
- 2020: Revenue of $85K, expenses of $190K, and assets of $702K (revenue -67.5% year-over-year).
- 2019: Revenue of $263K, expenses of $275K, and assets of $664K (revenue +5.5% year-over-year).
- 2018: Revenue of $249K, expenses of $283K, and assets of $709K (revenue +13.9% year-over-year).
- 2017: Revenue of $218K, expenses of $248K, and assets of $748K (revenue -3.6% year-over-year).
- 2016: Revenue of $227K, expenses of $244K, and assets of $731K (revenue -5.1% year-over-year).
- 2015: Revenue of $239K, expenses of $245K, and assets of $770K (revenue -10.9% year-over-year).
- 2014: Revenue of $268K, expenses of $259K, and assets of $787K (revenue +3.7% year-over-year).
- 2013: Revenue of $258K, expenses of $246K, and assets of $791K (revenue +15.1% year-over-year).
- 2012: Revenue of $225K, expenses of $234K, and assets of $784K (revenue +28.1% year-over-year).
- 2011: Revenue of $175K, expenses of $215K, and assets of $817K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grand Ledge Opera House Authority:
Data Sources and Methodology
This transparency report for Grand Ledge Opera House Authority 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.