Junction City Opera House Inc

Is Junction City Opera House Inc Legit?

Some Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Junction City Opera House Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Junction City Opera House Inc

Junction City Opera House Inc (EIN: 201256082) is a nonprofit organization based in Junction City, KS, classified under NTEE code A60. The organization reported total revenue of $1.3M and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Junction City Opera House 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 Junction City Opera House Inc with a Mission Score of 88 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, Junction City Opera House 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

The organization reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is a positive sign for resource allocation directly to its mission.

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 Junction City Opera House Inc's IRS 990 filings:

• Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data, making precise efficiency analysis difficult.

Strengths

The following positive indicators were identified for Junction City Opera House Inc:

• Consistent revenue growth, from $47,016 in 2014 to $1,058,421 in 2023.
• Significant asset accumulation, growing to $2,537,052 by 2023.
• Expenses consistently lower than revenue, indicating strong financial management and surpluses.
• 0% reported officer compensation across all filings, suggesting efficient use of funds.
• Low liabilities relative to assets, indicating a healthy balance sheet.

Frequently Asked Questions about Junction City Opera House Inc

Filing History

IRS 990 filing history for Junction City Opera House Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Junction City Opera House Inc's revenue has grown by 927.5%, moving from $103K to $1.1M. Total assets increased by 1113.6% over the same period, from $209K to $2.5M. Total functional expenses rose by 27983.5%, from $2K to $549K. In its most recent filing year (2023), Junction City Opera House Inc reported a surplus of $509K, with revenue exceeding expenses. The organization holds $433K in liabilities against $2.5M in assets (debt-to-asset ratio: 17.1%), resulting in net assets of $2.1M.

Year-by-Year Financial Summary

• 2023: Revenue of $1.1M, expenses of $549K, and assets of $2.5M (revenue -33.8% year-over-year).
• 2022: Revenue of $1.6M, expenses of $471K, and assets of $1.6M (revenue +218.9% year-over-year).
• 2021: Revenue of $501K, expenses of $411K, and assets of $474K (revenue +14.8% year-over-year).
• 2020: Revenue of $437K, expenses of $357K, and assets of $391K (revenue -16.7% year-over-year).
• 2019: Revenue of $524K, expenses of $474K, and assets of $293K (revenue +1.3% year-over-year).
• 2018: Revenue of $518K, expenses of $467K, and assets of $260K (revenue +31.1% year-over-year).
• 2017: Revenue of $395K, expenses of $390K, and assets of $191K (revenue +4.1% year-over-year).
• 2016: Revenue of $380K, expenses of $297K, and assets of $187K (revenue +72.2% year-over-year).
• 2015: Revenue of $220K, expenses of $133K, and assets of $106K (revenue +368.7% year-over-year).
• 2014: Revenue of $47K, expenses of $13K, and assets of $335K (revenue +10.1% year-over-year).
• 2013: Revenue of $43K, expenses of $1K, and assets of $301K (revenue -22.3% year-over-year).
• 2012: Revenue of $55K, expenses of $4K, and assets of $260K (revenue -46.7% year-over-year).
• 2011: Revenue of $103K, expenses of $2K, and assets of $209K.

Data Sources and Methodology

This transparency report for Junction City Opera House 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.