Local 306 Theatre Employee Health Fund
Local 306 Theatre Employee Health Fund shows consistent asset growth and no officer compensation.
EIN: 136174165 · Los Angeles, CA · Updated: 2026-03-28
Is Local 306 Theatre Employee Health Fund Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Local 306 Theatre Employee Health Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Local 306 Theatre Employee Health Fund
Local 306 Theatre Employee Health Fund (EIN: 136174165) is a nonprofit organization based in Los Angeles, CA. The organization reported total revenue of $5.5M and total assets of $16.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Local 306 Theatre Employee Health Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Local 306 Theatre Employee Health Fund is a mid-size nonprofit that has been operating for 61 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.3M |
| Total Expenses | $1.9M |
| Surplus / Deficit | +$1.4M |
| Total Assets | $11.1M |
| Total Liabilities | $113K |
| Net Assets | $11.0M |
| Operating Margin | 43.5% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 71.3 months |
Financial Health Grade: A
In 2023, Local 306 Theatre Employee Health Fund reported a surplus of $1.4M with revenue exceeding expenses, holds 71.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Local 306 Theatre Employee Health Fund's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +107.5% | +20.6% | +8.0% |
| 2022 | +286.6% | -5.2% | +0.6% |
| 2021 | -87.5% | +11.3% | +5.6% |
| 2020 | -2.0% | -10.0% | +17.9% |
| 2019 | +22.1% | -24.5% | +26.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1965 |
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 Local 306 Theatre Employee Health Fund 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: 90%
- fundraising: 0%
According to IRS 990 filings, Local 306 Theatre Employee Health Fund allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $1.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.0%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officers receive compensation from the organization, which is highly favorable for a nonprofit of its size with assets exceeding $11 million.
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.
Strengths
The following positive indicators were identified for Local 306 Theatre Employee Health Fund:
- Consistent asset growth, from $3.4M in 2014 to $11.1M in 2023.
- 0% officer compensation reported across all available filings.
- Strong financial stability with low liabilities relative to assets.
- Positive net income in most recent years, indicating financial health.
- Consistent IRS 990 filing history demonstrates transparency and compliance.
Frequently Asked Questions about Local 306 Theatre Employee Health Fund
Is Local 306 Theatre Employee Health Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Local 306 Theatre Employee Health Fund (EIN: 136174165) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Local 306 Theatre Employee Health Fund spend its money?
Local 306 Theatre Employee Health Fund directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Local 306 Theatre Employee Health Fund tax-deductible?
Local 306 Theatre Employee Health Fund is registered as a tax-exempt nonprofit (EIN: 136174165). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Local 306 Theatre Employee Health Fund financially stable?
Yes, the organization appears financially stable, with assets growing from $3.4 million in 2014 to over $11.1 million in 2023, and liabilities remaining low relative to assets.
Does Local 306 Theatre Employee Health Fund compensate its officers?
No, the IRS 990 filings consistently report 0% officer compensation across all available periods.
How has the organization's revenue trended?
Revenue has fluctuated but shows an overall positive trend, with the latest reported revenue at $3,315,315 in 2023, up from $2,099,780 in 2014.
What is the organization's asset-to-liability ratio?
In 2023, the asset-to-liability ratio was approximately 98.6:1 ($11,135,960 assets to $112,914 liabilities), indicating strong financial health.
Filing History
IRS 990 filing history for Local 306 Theatre Employee Health Fund showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Local 306 Theatre Employee Health Fund's revenue has grown by 75.2%, moving from $1.9M to $3.3M. Total assets increased by 209.3% over the same period, from $3.6M to $11.1M. Total functional expenses rose by 1.2%, from $1.9M to $1.9M. In its most recent filing year (2023), Local 306 Theatre Employee Health Fund reported a surplus of $1.4M, with revenue exceeding expenses. The organization holds $113K in liabilities against $11.1M in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $11.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.3M | $1.9M | $11.1M | $113K | — | View 990 |
| 2022 | $1.6M | $1.6M | $10.3M | $58K | — | View 990 |
| 2021 | $413K | $1.6M | $10.3M | $66K | — | View 990 |
| 2020 | $3.3M | $1.5M | $9.7M | $40K | — | View 990 |
| 2019 | $3.4M | $1.6M | $8.2M | $52K | — | View 990 |
| 2018 | $2.8M | $2.2M | $6.5M | $66K | — | — |
| 2017 | $2.6M | $1.5M | $5.9M | $51K | — | View 990 |
| 2016 | $2.4M | $1.4M | $4.9M | $74K | — | View 990 |
| 2015 | $2.6M | $2.2M | $3.9M | $55K | — | View 990 |
| 2014 | $2.1M | $2.4M | $3.4M | $62K | — | View 990 |
| 2013 | $2.2M | $2.1M | $3.7M | $56K | — | View 990 |
| 2012 | $1.9M | $1.9M | $3.6M | $81K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.3M, expenses of $1.9M, and assets of $11.1M (revenue +107.5% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.6M, and assets of $10.3M (revenue +286.6% year-over-year).
- 2021: Revenue of $413K, expenses of $1.6M, and assets of $10.3M (revenue -87.5% year-over-year).
- 2020: Revenue of $3.3M, expenses of $1.5M, and assets of $9.7M (revenue -2.0% year-over-year).
- 2019: Revenue of $3.4M, expenses of $1.6M, and assets of $8.2M (revenue +22.1% year-over-year).
- 2018: Revenue of $2.8M, expenses of $2.2M, and assets of $6.5M (revenue +6.6% year-over-year).
- 2017: Revenue of $2.6M, expenses of $1.5M, and assets of $5.9M (revenue +9.9% year-over-year).
- 2016: Revenue of $2.4M, expenses of $1.4M, and assets of $4.9M (revenue -10.9% year-over-year).
- 2015: Revenue of $2.6M, expenses of $2.2M, and assets of $3.9M (revenue +26.1% year-over-year).
- 2014: Revenue of $2.1M, expenses of $2.4M, and assets of $3.4M (revenue -4.1% year-over-year).
- 2013: Revenue of $2.2M, expenses of $2.1M, and assets of $3.7M (revenue +15.7% year-over-year).
- 2012: Revenue of $1.9M, expenses of $1.9M, and assets of $3.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Local 306 Theatre Employee Health Fund:
Data Sources and Methodology
This transparency report for Local 306 Theatre Employee Health Fund 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.