Grosse Pointe Theatre Inc
EIN: 381794060 · Grosse Pointe, MI · NTEE: A650
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $727K |
| Net Assets | $969K |
Is Grosse Pointe Theatre Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Grosse Pointe Theatre Inc
Grosse Pointe Theatre Inc (EIN: 381794060) is a nonprofit organization based in Grosse Pointe, MI, classified under NTEE code A650. The organization reported total revenue of $1.1M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grosse Pointe Theatre Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grosse Pointe Theatre Inc is a mid-size nonprofit that has been operating for 77 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 5.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $777K |
| Total Expenses | $727K |
| Surplus / Deficit | +$50K |
| Total Assets | $1.1M |
| Total Liabilities | $92K |
| Net Assets | $969K |
| Operating Margin | 6.5% |
| Debt-to-Asset Ratio | 8.7% |
| Months of Reserves | 17.5 months |
Financial Health Grade: A
In 2024, Grosse Pointe Theatre Inc reported a surplus of $50K with revenue exceeding expenses, holds 17.5 months of operating reserves (strong position), has a debt-to-asset ratio of 8.7% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Grosse Pointe Theatre Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +19.7% | +15.1% | +15.3% |
| 2023 | -8.9% | +4.8% | +5.9% |
| 2022 | +89.1% | +134.0% | +3.8% |
| 2021 | -21.7% | -44.9% | +25.2% |
| 2020 | -10.9% | -13.0% | -1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1949 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Grosse Pointe Theatre Inc 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 Grosse Pointe Theatre Inc 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 surplus of $50K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.7%.
Frequently Asked Questions about Grosse Pointe Theatre Inc
Is Grosse Pointe Theatre Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Grosse Pointe Theatre Inc (EIN: 381794060) insufficient data. 0 red flags identified, 0 strengths noted.
How does Grosse Pointe Theatre Inc spend its money?
Detailed spending breakdown data is not yet available for Grosse Pointe Theatre Inc. Check back for updated IRS 990 analysis.
Are donations to Grosse Pointe Theatre Inc tax-deductible?
Grosse Pointe Theatre Inc is registered as a tax-exempt nonprofit (EIN: 381794060). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Grosse Pointe Theatre Inc located?
Grosse Pointe Theatre Inc is headquartered in Grosse Pointe, Michigan and files with the IRS under EIN 381794060. It is classified under NTEE code A650.
How many years of IRS 990 filings does Grosse Pointe Theatre Inc have?
Grosse Pointe Theatre Inc 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 $1.1M in total revenue.
Filing History
IRS 990 filing history for Grosse Pointe Theatre Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Grosse Pointe Theatre Inc's revenue has grown by 109.5%, moving from $371K to $777K. Total assets increased by 73.7% over the same period, from $611K to $1.1M. Total functional expenses rose by 68.6%, from $431K to $727K. In its most recent filing year (2024), Grosse Pointe Theatre Inc reported a surplus of $50K, with revenue exceeding expenses. The organization holds $92K in liabilities against $1.1M in assets (debt-to-asset ratio: 8.7%), resulting in net assets of $969K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $777K | $727K | $1.1M | $92K | — | — |
| 2023 | $649K | $631K | $921K | $58K | — | View 990 |
| 2022 | $712K | $603K | $870K | $75K | — | View 990 |
| 2021 | $376K | $257K | $838K | $68K | — | View 990 |
| 2020 | $480K | $467K | $669K | $63K | — | View 990 |
| 2019 | $539K | $537K | $678K | $85K | — | View 990 |
| 2018 | $472K | $468K | $615K | $41K | — | — |
| 2017 | $473K | $455K | $631K | $48K | — | View 990 |
| 2016 | $491K | $461K | $556K | $12K | — | View 990 |
| 2015 | $485K | $442K | $604K | $85K | — | View 990 |
| 2014 | $542K | $504K | $610K | $97K | — | View 990 |
| 2013 | $361K | $420K | $581K | $133K | — | View 990 |
| 2012 | $463K | $408K | $606K | $102K | — | View 990 |
| 2011 | $371K | $431K | $611K | $117K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $777K, expenses of $727K, and assets of $1.1M (revenue +19.7% year-over-year).
- 2023: Revenue of $649K, expenses of $631K, and assets of $921K (revenue -8.9% year-over-year).
- 2022: Revenue of $712K, expenses of $603K, and assets of $870K (revenue +89.1% year-over-year).
- 2021: Revenue of $376K, expenses of $257K, and assets of $838K (revenue -21.7% year-over-year).
- 2020: Revenue of $480K, expenses of $467K, and assets of $669K (revenue -10.9% year-over-year).
- 2019: Revenue of $539K, expenses of $537K, and assets of $678K (revenue +14.2% year-over-year).
- 2018: Revenue of $472K, expenses of $468K, and assets of $615K (revenue -0.1% year-over-year).
- 2017: Revenue of $473K, expenses of $455K, and assets of $631K (revenue -3.7% year-over-year).
- 2016: Revenue of $491K, expenses of $461K, and assets of $556K (revenue +1.1% year-over-year).
- 2015: Revenue of $485K, expenses of $442K, and assets of $604K (revenue -10.4% year-over-year).
- 2014: Revenue of $542K, expenses of $504K, and assets of $610K (revenue +50.2% year-over-year).
- 2013: Revenue of $361K, expenses of $420K, and assets of $581K (revenue -22.1% year-over-year).
- 2012: Revenue of $463K, expenses of $408K, and assets of $606K (revenue +25.0% year-over-year).
- 2011: Revenue of $371K, expenses of $431K, and assets of $611K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grosse Pointe Theatre Inc:
Data Sources and Methodology
This transparency report for Grosse Pointe Theatre 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.