Music Theatre Philly Llc
EIN: 475487539 · Philadelphia, PA · NTEE: A62
| Metric | Value |
|---|---|
| Total Revenue | $780K |
| Total Expenses | $394K |
| Net Assets | $-71,508 |
Is Music Theatre Philly Llc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Music Theatre Philly Llc
Music Theatre Philly Llc (EIN: 475487539) is a nonprofit organization based in Philadelphia, PA, classified under NTEE code A62. The organization reported total revenue of $780K and total assets of $45K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Music Theatre Philly Llc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Music Theatre Philly Llc is a small nonprofit that has been operating for 7 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 18.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $418K |
| Total Expenses | $394K |
| Surplus / Deficit | +$25K |
| Total Assets | $27K |
| Total Liabilities | $98K |
| Net Assets | $-71,508 |
| Operating Margin | 5.9% |
| Debt-to-Asset Ratio | 366.5% |
| Months of Reserves | 0.8 months |
Financial Health Grade: B
In 2023, Music Theatre Philly Llc reported a surplus of $25K with revenue exceeding expenses, holds 0.8 months of operating reserves (limited), has a debt-to-asset ratio of 366.5% (high leverage).
Financial Trends
Over 6 years of filings (2018–2023), Music Theatre Philly Llc's revenue has grown at a compound annual growth rate (CAGR) of 18.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +50.6% | +16.7% | +148.7% |
| 2022 | +144.8% | +186.3% | -83.7% |
| 2021 | +89.3% | -4.1% | +1.3% |
| 2020 | -71.0% | -37.8% | +111.2% |
| 2019 | +14.0% | +7.0% | +37.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Music Theatre Philly Llc 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 Music Theatre Philly Llc 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.
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: 366.5%.
Frequently Asked Questions about Music Theatre Philly Llc
Is Music Theatre Philly Llc a legitimate charity?
Music Theatre Philly Llc (EIN: 475487539) is a registered tax-exempt nonprofit based in Pennsylvania. It has 6 years of IRS 990 filings on record. Total revenue: $780K. No red flags identified. Financial health grade: B.
How does Music Theatre Philly Llc spend its money?
Music Theatre Philly Llc reported $780K in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Music Theatre Philly Llc tax-deductible?
Music Theatre Philly Llc is registered as a tax-exempt nonprofit (EIN: 475487539). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Music Theatre Philly Llc located?
Music Theatre Philly Llc is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 475487539. It is classified under NTEE code A62.
How many years of IRS 990 filings does Music Theatre Philly Llc have?
Music Theatre Philly Llc has 6 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 $780K in total revenue.
Filing History
IRS 990 filing history for Music Theatre Philly Llc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Music Theatre Philly Llc's revenue has grown by 130.9%, moving from $181K to $418K. Total assets increased by 19.3% over the same period, from $23K to $27K. Total functional expenses rose by 113.2%, from $185K to $394K. In its most recent filing year (2023), Music Theatre Philly Llc reported a surplus of $25K, with revenue exceeding expenses. The organization holds $98K in liabilities against $27K in assets (debt-to-asset ratio: 366.5%), resulting in net assets of $-71,508.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $418K | $394K | $27K | $98K | — | — |
| 2022 | $278K | $337K | $11K | $107K | — | View 990 |
| 2021 | $113K | $118K | $66K | $103K | — | View 990 |
| 2020 | $60K | $123K | $65K | $98K | — | View 990 |
| 2019 | $206K | $198K | $31K | $246 | — | View 990 |
| 2018 | $181K | $185K | $23K | $796 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $418K, expenses of $394K, and assets of $27K (revenue +50.6% year-over-year).
- 2022: Revenue of $278K, expenses of $337K, and assets of $11K (revenue +144.8% year-over-year).
- 2021: Revenue of $113K, expenses of $118K, and assets of $66K (revenue +89.3% year-over-year).
- 2020: Revenue of $60K, expenses of $123K, and assets of $65K (revenue -71.0% year-over-year).
- 2019: Revenue of $206K, expenses of $198K, and assets of $31K (revenue +14.0% year-over-year).
- 2018: Revenue of $181K, expenses of $185K, and assets of $23K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Music Theatre Philly Llc:
Data Sources and Methodology
This transparency report for Music Theatre Philly Llc 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.