L A Public Theatre Inc
L A Public Theatre Inc shows consistent asset growth and zero officer compensation over a decade.
EIN: 10466131 · Lewiston, ME · NTEE: A65 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $862K |
| Total Expenses | $863K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $900,000, |
| Net Assets | $1.8M |
| Transparency Score | 90/100 |
Is L A Public Theatre Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
L A Public Theatre Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About L A Public Theatre Inc
L A Public Theatre Inc (EIN: 10466131) is a nonprofit organization based in Lewiston, ME, classified under NTEE code A65. The organization reported total revenue of $862K and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of L A Public Theatre Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
L A Public Theatre Inc is a small nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $894K |
| Total Expenses | $863K |
| Surplus / Deficit | +$31K |
| Total Assets | $1.8M |
| Total Liabilities | $46K |
| Net Assets | $1.8M |
| Operating Margin | 3.5% |
| Debt-to-Asset Ratio | 2.5% |
| Months of Reserves | 25.4 months |
Financial Health Grade: A
In 2023, L A Public Theatre Inc reported a surplus of $31K with revenue exceeding expenses, holds 25.4 months of operating reserves (strong position), has a debt-to-asset ratio of 2.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), L A Public Theatre Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.6% | +18.9% | +5.9% |
| 2022 | +82.6% | +75.5% | +6.3% |
| 2021 | -24.2% | -36.3% | +7.0% |
| 2020 | -24.0% | -12.8% | -3.6% |
| 2019 | +34.1% | +17.3% | +19.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
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 L A Public Theatre Inc 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, L A Public Theatre 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $31K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.5%.
Executive Compensation Analysis
L A Public Theatre Inc consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers. This is highly unusual for an organization of its size, with revenues approaching $900,000, and suggests a strong volunteer leadership model or that compensation is structured differently and not reported as officer compensation.
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 L A Public Theatre Inc's IRS 990 filings:
- Lack of detailed spending breakdown (program, admin, fundraising) in provided data makes precise efficiency assessment difficult.
- Unusually consistent 0% officer compensation for an organization of this size could warrant further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for L A Public Theatre Inc:
- Consistent asset growth over a decade, indicating strong financial management and stability.
- Zero reported officer compensation, suggesting a high dedication to mission and efficient use of funds.
- Low liabilities relative to assets, demonstrating strong solvency.
- Positive net assets and reserves, providing a buffer for future operations.
Frequently Asked Questions about L A Public Theatre Inc
Is L A Public Theatre Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, L A Public Theatre Inc (EIN: 10466131) some concerns. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
How does L A Public Theatre Inc spend its money?
L A Public Theatre Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to L A Public Theatre Inc tax-deductible?
L A Public Theatre Inc is registered as a tax-exempt nonprofit (EIN: 10466131). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the L A Public Theatre Inc CEO make?
L A Public Theatre Inc's highest-compensated officer earns $900,000, annually. The organization reported $862K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of L A Public Theatre Inc's spending goes to programs?
L A Public Theatre Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does L A Public Theatre Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), L A Public Theatre Inc is above average for NTEE category A65 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is L A Public Theatre Inc located?
L A Public Theatre Inc is headquartered in Lewiston, Maine and files with the IRS under EIN 10466131. It is classified under NTEE code A65.
How many years of IRS 990 filings does L A Public Theatre Inc have?
L A Public Theatre Inc 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 $862K in total revenue.
Is L A Public Theatre Inc financially stable?
Yes, L A Public Theatre Inc appears financially stable. Its assets have consistently grown from $1,354,551 in 2014 to $1,828,661 in 2023, and liabilities remain low relative to assets (e.g., $46,377 in liabilities vs. $1,828,661 in assets in 2023).
Does L A Public Theatre Inc pay its officers?
Based on the provided IRS 990 data, L A Public Theatre Inc consistently reports 0% officer compensation across all available filing periods, indicating no direct compensation to its officers.
How has L A Public Theatre Inc's revenue trended?
L A Public Theatre Inc's revenue has fluctuated but shown overall growth, from $568,711 in 2014 to $894,182 in 2023, with a notable dip in 2021 to $459,295 before recovering.
What is the organization's asset growth over the last decade?
The organization's assets have grown significantly, from $1,354,551 in 2014 to $1,828,661 in 2023, representing an increase of over $470,000.
Filing History
IRS 990 filing history for L A Public Theatre Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), L A Public Theatre Inc's revenue has grown by 86.2%, moving from $480K to $894K. Total assets increased by 25.3% over the same period, from $1.5M to $1.8M. Total functional expenses rose by 64.8%, from $524K to $863K. In its most recent filing year (2023), L A Public Theatre Inc reported a surplus of $31K, with revenue exceeding expenses. The organization holds $46K in liabilities against $1.8M in assets (debt-to-asset ratio: 2.5%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $894K | $863K | $1.8M | $46K | — | View 990 |
| 2022 | $839K | $726K | $1.7M | $44K | — | View 990 |
| 2021 | $459K | $414K | $1.6M | $7K | — | View 990 |
| 2020 | $606K | $650K | $1.5M | $84K | — | View 990 |
| 2019 | $797K | $745K | $1.6M | $134K | — | View 990 |
| 2018 | $595K | $635K | $1.3M | $47K | — | View 990 |
| 2017 | $608K | $622K | $1.3M | $50K | — | View 990 |
| 2016 | $616K | $621K | $1.3M | $44K | — | View 990 |
| 2015 | $584K | $600K | $1.3M | $51K | — | View 990 |
| 2014 | $569K | $674K | $1.4M | $51K | — | View 990 |
| 2013 | $606K | $513K | $1.4M | $52K | — | View 990 |
| 2012 | $465K | $531K | $1.3M | $136K | — | View 990 |
| 2011 | $480K | $524K | $1.5M | $192K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $894K, expenses of $863K, and assets of $1.8M (revenue +6.6% year-over-year).
- 2022: Revenue of $839K, expenses of $726K, and assets of $1.7M (revenue +82.6% year-over-year).
- 2021: Revenue of $459K, expenses of $414K, and assets of $1.6M (revenue -24.2% year-over-year).
- 2020: Revenue of $606K, expenses of $650K, and assets of $1.5M (revenue -24.0% year-over-year).
- 2019: Revenue of $797K, expenses of $745K, and assets of $1.6M (revenue +34.1% year-over-year).
- 2018: Revenue of $595K, expenses of $635K, and assets of $1.3M (revenue -2.1% year-over-year).
- 2017: Revenue of $608K, expenses of $622K, and assets of $1.3M (revenue -1.4% year-over-year).
- 2016: Revenue of $616K, expenses of $621K, and assets of $1.3M (revenue +5.5% year-over-year).
- 2015: Revenue of $584K, expenses of $600K, and assets of $1.3M (revenue +2.7% year-over-year).
- 2014: Revenue of $569K, expenses of $674K, and assets of $1.4M (revenue -6.2% year-over-year).
- 2013: Revenue of $606K, expenses of $513K, and assets of $1.4M (revenue +30.3% year-over-year).
- 2012: Revenue of $465K, expenses of $531K, and assets of $1.3M (revenue -3.2% year-over-year).
- 2011: Revenue of $480K, expenses of $524K, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for L A Public Theatre Inc:
Data Sources and Methodology
This transparency report for L A Public 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.