Grand Rapids Civic Theatre Endowment
EIN: 383483649 · Grand Rapids, MI · NTEE: A11
| Metric | Value |
|---|---|
| Total Revenue | $842K |
| Total Expenses | $181K |
| Net Assets | $3.4M |
Is Grand Rapids Civic Theatre Endowment Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Grand Rapids Civic Theatre Endowment
Grand Rapids Civic Theatre Endowment (EIN: 383483649) is a nonprofit organization based in Grand Rapids, MI, classified under NTEE code A11. The organization reported total revenue of $842K and total assets of $3.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grand Rapids Civic Theatre Endowment's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grand Rapids Civic Theatre Endowment is a small nonprofit that has been operating for 24 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 7.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $197K |
| Total Expenses | $181K |
| Surplus / Deficit | +$15K |
| Total Assets | $3.4M |
| Net Assets | $3.4M |
| Operating Margin | 7.7% |
| Months of Reserves | 222.4 months |
Financial Health Grade: A
In 2023, Grand Rapids Civic Theatre Endowment reported a surplus of $15K with revenue exceeding expenses, holds 222.4 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Grand Rapids Civic Theatre Endowment's revenue has grown at a compound annual growth rate (CAGR) of 7.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.6% | +4.5% | +7.7% |
| 2022 | +137.7% | -18.8% | -9.9% |
| 2021 | -32.0% | +6.3% | +20.1% |
| 2020 | +18.1% | +49.0% | +-0.0% |
| 2019 | +33.2% | +0.8% | +8.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Grand Rapids Civic Theatre Endowment 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 Rapids Civic Theatre Endowment 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 surplus of $15K, with revenue exceeding expenses.
Frequently Asked Questions about Grand Rapids Civic Theatre Endowment
Is Grand Rapids Civic Theatre Endowment a legitimate charity?
Based on AI analysis of IRS 990 filings, Grand Rapids Civic Theatre Endowment (EIN: 383483649) insufficient data. 0 red flags identified, 0 strengths noted.
How does Grand Rapids Civic Theatre Endowment spend its money?
Detailed spending breakdown data is not yet available for Grand Rapids Civic Theatre Endowment. Check back for updated IRS 990 analysis.
Are donations to Grand Rapids Civic Theatre Endowment tax-deductible?
Grand Rapids Civic Theatre Endowment is registered as a tax-exempt nonprofit (EIN: 383483649). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Grand Rapids Civic Theatre Endowment located?
Grand Rapids Civic Theatre Endowment is headquartered in Grand Rapids, Michigan and files with the IRS under EIN 383483649. It is classified under NTEE code A11.
How many years of IRS 990 filings does Grand Rapids Civic Theatre Endowment have?
Grand Rapids Civic Theatre Endowment has 12 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 $842K in total revenue.
Filing History
IRS 990 filing history for Grand Rapids Civic Theatre Endowment showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Grand Rapids Civic Theatre Endowment's revenue has grown by 116.4%, moving from $91K to $197K. Total assets increased by 75.7% over the same period, from $1.9M to $3.4M. Total functional expenses rose by 28.4%, from $141K to $181K. In its most recent filing year (2023), Grand Rapids Civic Theatre Endowment reported a surplus of $15K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $197K | $181K | $3.4M | $0 | — | View 990 |
| 2022 | $190K | $174K | $3.1M | $0 | — | View 990 |
| 2021 | $80K | $214K | $3.5M | $0 | — | — |
| 2020 | $117K | $201K | $2.9M | $0 | — | View 990 |
| 2019 | $99K | $135K | $2.9M | $28K | — | View 990 |
| 2018 | $75K | $134K | $2.7M | $27K | — | View 990 |
| 2017 | $104K | $130K | $2.4M | $0 | — | View 990 |
| 2016 | $78K | $144K | $2.1M | $0 | — | View 990 |
| 2015 | $134K | $139K | $2.2M | $0 | — | View 990 |
| 2014 | $198K | $152K | $2.2M | $0 | — | View 990 |
| 2013 | $137K | $132K | $2.0M | $0 | — | View 990 |
| 2012 | $91K | $141K | $1.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $197K, expenses of $181K, and assets of $3.4M (revenue +3.6% year-over-year).
- 2022: Revenue of $190K, expenses of $174K, and assets of $3.1M (revenue +137.7% year-over-year).
- 2021: Revenue of $80K, expenses of $214K, and assets of $3.5M (revenue -32.0% year-over-year).
- 2020: Revenue of $117K, expenses of $201K, and assets of $2.9M (revenue +18.1% year-over-year).
- 2019: Revenue of $99K, expenses of $135K, and assets of $2.9M (revenue +33.2% year-over-year).
- 2018: Revenue of $75K, expenses of $134K, and assets of $2.7M (revenue -28.2% year-over-year).
- 2017: Revenue of $104K, expenses of $130K, and assets of $2.4M (revenue +33.7% year-over-year).
- 2016: Revenue of $78K, expenses of $144K, and assets of $2.1M (revenue -42.2% year-over-year).
- 2015: Revenue of $134K, expenses of $139K, and assets of $2.2M (revenue -32.0% year-over-year).
- 2014: Revenue of $198K, expenses of $152K, and assets of $2.2M (revenue +44.1% year-over-year).
- 2013: Revenue of $137K, expenses of $132K, and assets of $2.0M (revenue +51.0% year-over-year).
- 2012: Revenue of $91K, expenses of $141K, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grand Rapids Civic Theatre Endowment:
Data Sources and Methodology
This transparency report for Grand Rapids Civic Theatre Endowment 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.