Lincoln Theatre Center Foundation
EIN: 943052481 · Mount Vernon, WA
About Lincoln Theatre Center Foundation
Lincoln Theatre Center Foundation (EIN: 943052481) is a nonprofit organization based in Mount Vernon, WA. The organization reported total revenue of $1.2M and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lincoln Theatre Center Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Lincoln Theatre Center Foundation 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 Lincoln Theatre Center Foundation 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.
Filing History
IRS 990 filing history for Lincoln Theatre Center Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lincoln Theatre Center Foundation's revenue has grown by 352.2%, moving from $418K to $1.9M. Total assets increased by 2715.7% over the same period, from $45K to $1.3M. Total functional expenses rose by 261.8%, from $424K to $1.5M. In its most recent filing year (2023), Lincoln Theatre Center Foundation reported a surplus of $355K, with revenue exceeding expenses. The organization holds $25K in liabilities against $1.3M in assets (debt-to-asset ratio: 2.0%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $1.5M | $1.3M | $25K | — | View 990 |
| 2022 | $1.1M | $822K | $899K | $10K | — | View 990 |
| 2021 | $579K | $461K | $782K | $142K | — | View 990 |
| 2020 | $910K | $999K | $596K | $70K | — | View 990 |
| 2019 | $966K | $997K | $600K | $16K | — | View 990 |
| 2018 | $874K | $754K | $586K | $14K | — | View 990 |
| 2017 | $732K | $664K | $473K | $15K | — | View 990 |
| 2016 | $756K | $688K | $404K | $11K | — | View 990 |
| 2015 | $585K | $506K | $339K | $18K | — | — |
| 2014 | $612K | $528K | $253K | $23K | — | View 990 |
| 2013 | $557K | $434K | $170K | $32K | — | View 990 |
| 2012 | $451K | $453K | $37K | $29K | — | View 990 |
| 2011 | $418K | $424K | $45K | $36K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $1.5M, and assets of $1.3M (revenue +76.2% year-over-year).
- 2022: Revenue of $1.1M, expenses of $822K, and assets of $899K (revenue +85.3% year-over-year).
- 2021: Revenue of $579K, expenses of $461K, and assets of $782K (revenue -36.4% year-over-year).
- 2020: Revenue of $910K, expenses of $999K, and assets of $596K (revenue -5.8% year-over-year).
- 2019: Revenue of $966K, expenses of $997K, and assets of $600K (revenue +10.6% year-over-year).
- 2018: Revenue of $874K, expenses of $754K, and assets of $586K (revenue +19.4% year-over-year).
- 2017: Revenue of $732K, expenses of $664K, and assets of $473K (revenue -3.2% year-over-year).
- 2016: Revenue of $756K, expenses of $688K, and assets of $404K (revenue +29.3% year-over-year).
- 2015: Revenue of $585K, expenses of $506K, and assets of $339K (revenue -4.4% year-over-year).
- 2014: Revenue of $612K, expenses of $528K, and assets of $253K (revenue +9.8% year-over-year).
- 2013: Revenue of $557K, expenses of $434K, and assets of $170K (revenue +23.6% year-over-year).
- 2012: Revenue of $451K, expenses of $453K, and assets of $37K (revenue +7.9% year-over-year).
- 2011: Revenue of $418K, expenses of $424K, and assets of $45K.
Data Sources and Methodology
This transparency report for Lincoln Theatre Center Foundation 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.