Lionsgate Academy
Lionsgate Academy shows rapid growth but carries significant liabilities and reports no officer compensation.
EIN: 208933066 · Minnetonka, MN · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $30.2M |
| Total Expenses | $27.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $30 |
| Net Assets | $-7,600,159 |
| Transparency Score | 70/100 |
Is Lionsgate Academy Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lionsgate Academy directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lionsgate Academy
Lionsgate Academy (EIN: 208933066) is a nonprofit organization based in Minnetonka, MN, classified under NTEE code B29. The organization reported total revenue of $30.2M and total assets of $26.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lionsgate Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lionsgate Academy is a large nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $27.2M |
| Total Expenses | $27.2M |
| Surplus / Deficit | +$25K |
| Total Assets | $29.4M |
| Total Liabilities | $37.0M |
| Net Assets | $-7,600,159 |
| Operating Margin | 0.1% |
| Debt-to-Asset Ratio | 125.8% |
| Months of Reserves | 13.0 months |
Financial Health Grade: A
In 2023, Lionsgate Academy reported a surplus of $25K with revenue exceeding expenses, holds 13.0 months of operating reserves (strong position), has a debt-to-asset ratio of 125.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Lionsgate Academy's revenue has grown at a compound annual growth rate (CAGR) of 13.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.5% | +13.4% | +4.5% |
| 2022 | +18.0% | +15.2% | +222.6% |
| 2021 | +6.4% | +6.6% | -20.1% |
| 2020 | +15.8% | +40.7% | +12.3% |
| 2019 | +31.4% | -5.3% | -11.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 Lionsgate Academy with a Mission Score of 70 out of 100 (Good). 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, Lionsgate Academy 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 $25K, with revenue exceeding expenses.
- Debt-to-asset ratio: 125.8%.
Executive Compensation Analysis
The reported 0% officer compensation across all available filings is highly unusual for an organization with annual revenues exceeding $30 million. This could indicate that executive leadership is compensated through a related entity, or that the organization is primarily run by volunteers, which would be a significant operational model.
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 Lionsgate Academy's IRS 990 filings:
- Consistent liabilities exceeding assets, indicating potential solvency concerns (e.g., 202306 Liabilities: $37,030,221 vs. Assets: $29,430,062).
- 0% reported officer compensation for an organization of this scale, which is highly unusual and may obscure actual leadership compensation structures.
- Operating on very thin margins, with expenses often closely matching or slightly exceeding revenue, limiting reserve building.
Strengths
The following positive indicators were identified for Lionsgate Academy:
- Significant and consistent revenue growth over the past decade, from $8.4 million in 201406 to $27.2 million in 202306.
- Strong program focus, as implied by the NTEE code B29 (Elementary & Secondary Education) and typical spending patterns for educational institutions.
- Demonstrated ability to scale operations and manage substantial financial flows.
Frequently Asked Questions about Lionsgate Academy
Is Lionsgate Academy a legitimate charity?
Based on AI analysis of IRS 990 filings, Lionsgate Academy (EIN: 208933066) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Lionsgate Academy spend its money?
Lionsgate Academy directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lionsgate Academy tax-deductible?
Lionsgate Academy is registered as a tax-exempt nonprofit (EIN: 208933066). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Lionsgate Academy CEO make?
Lionsgate Academy's highest-compensated officer earns $30 annually. The organization reported $30.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Lionsgate Academy's spending goes to programs?
Lionsgate Academy directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Lionsgate Academy compare to similar nonprofits?
With a transparency score of 70/100 (Good), Lionsgate Academy is above average for NTEE category B29 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lionsgate Academy located?
Lionsgate Academy is headquartered in Minnetonka, Minnesota and files with the IRS under EIN 208933066. It is classified under NTEE code B29.
How many years of IRS 990 filings does Lionsgate Academy have?
Lionsgate Academy 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 $30.2M in total revenue.
How is Lionsgate Academy able to operate with 0% reported officer compensation given its size and complexity?
The consistent reporting of 0% officer compensation across all filings for an organization with over $30 million in revenue is highly unusual. This could imply that executive compensation is paid through a related management company, that the organization relies entirely on volunteer leadership, or that compensation is categorized differently within the filings, warranting further investigation into their operational structure and financial disclosures.
What is the nature of Lionsgate Academy's significant and growing liabilities?
Lionsgate Academy's liabilities have consistently exceeded its assets in recent years, reaching $37,030,221 in 202306 against assets of $29,430,062. Understanding the composition of these liabilities (e.g., mortgages, bonds, program-related debt) is crucial to assessing the organization's long-term financial health and risk profile.
Does Lionsgate Academy have sufficient financial reserves given its near-break-even spending?
With expenses often closely matching or slightly exceeding revenue (e.g., 202206 expenses of $23,977,933 vs. revenue of $23,771,694), the organization appears to operate on a tight margin. This raises questions about the adequacy of its unrestricted net assets or operating reserves to withstand unexpected financial challenges or fund future growth initiatives.
Filing History
IRS 990 filing history for Lionsgate Academy showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lionsgate Academy's revenue has grown by 362.2%, moving from $5.9M to $27.2M. Total assets increased by 1631.5% over the same period, from $1.7M to $29.4M. Total functional expenses rose by 364.5%, from $5.9M to $27.2M. In its most recent filing year (2023), Lionsgate Academy reported a surplus of $25K, with revenue exceeding expenses. The organization holds $37.0M in liabilities against $29.4M in assets (debt-to-asset ratio: 125.8%), resulting in net assets of $-7,600,159.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $27.2M | $27.2M | $29.4M | $37.0M | — | — |
| 2022 | $23.8M | $24.0M | $28.2M | $35.8M | — | View 990 |
| 2021 | $20.1M | $20.8M | $8.7M | $16.1M | — | View 990 |
| 2020 | $18.9M | $19.5M | $10.9M | $17.7M | — | View 990 |
| 2019 | $16.4M | $13.9M | $9.7M | $15.9M | — | View 990 |
| 2018 | $12.4M | $14.7M | $11.0M | $19.6M | — | View 990 |
| 2017 | $12.0M | $13.8M | $13.3M | $19.7M | — | View 990 |
| 2016 | $10.6M | $10.6M | $2.8M | $7.4M | — | View 990 |
| 2015 | $9.5M | $9.3M | $2.8M | $7.4M | — | View 990 |
| 2014 | $8.4M | $8.4M | $1.7M | $1.2M | — | View 990 |
| 2013 | $7.4M | $7.4M | $1.4M | $965K | — | View 990 |
| 2012 | $6.8M | $6.8M | $1.5M | $1.1M | — | View 990 |
| 2011 | $5.9M | $5.9M | $1.7M | $1.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $27.2M, expenses of $27.2M, and assets of $29.4M (revenue +14.5% year-over-year).
- 2022: Revenue of $23.8M, expenses of $24.0M, and assets of $28.2M (revenue +18.0% year-over-year).
- 2021: Revenue of $20.1M, expenses of $20.8M, and assets of $8.7M (revenue +6.4% year-over-year).
- 2020: Revenue of $18.9M, expenses of $19.5M, and assets of $10.9M (revenue +15.8% year-over-year).
- 2019: Revenue of $16.4M, expenses of $13.9M, and assets of $9.7M (revenue +31.4% year-over-year).
- 2018: Revenue of $12.4M, expenses of $14.7M, and assets of $11.0M (revenue +3.8% year-over-year).
- 2017: Revenue of $12.0M, expenses of $13.8M, and assets of $13.3M (revenue +13.5% year-over-year).
- 2016: Revenue of $10.6M, expenses of $10.6M, and assets of $2.8M (revenue +11.3% year-over-year).
- 2015: Revenue of $9.5M, expenses of $9.3M, and assets of $2.8M (revenue +12.6% year-over-year).
- 2014: Revenue of $8.4M, expenses of $8.4M, and assets of $1.7M (revenue +13.5% year-over-year).
- 2013: Revenue of $7.4M, expenses of $7.4M, and assets of $1.4M (revenue +9.1% year-over-year).
- 2012: Revenue of $6.8M, expenses of $6.8M, and assets of $1.5M (revenue +15.6% year-over-year).
- 2011: Revenue of $5.9M, expenses of $5.9M, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lionsgate Academy:
Data Sources and Methodology
This transparency report for Lionsgate Academy 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.