Musical Theater Center
EIN: 461868213 · Mt Pleasant, SC · NTEE: A65
| Metric | Value |
|---|---|
| Total Revenue | $301K |
| Total Expenses | $242K |
| Net Assets | $15K |
Is Musical Theater Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Musical Theater Center
Musical Theater Center (EIN: 461868213) is a nonprofit organization based in Mt Pleasant, SC, classified under NTEE code A65. The organization reported total revenue of $301K and total assets of $22K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Musical Theater Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Musical Theater Center is a small nonprofit that has been operating for 11 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 7.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $226K |
| Total Expenses | $242K |
| Surplus / Deficit | $-15,819 |
| Total Assets | $16K |
| Total Liabilities | $300 |
| Net Assets | $15K |
| Operating Margin | -7.0% |
| Debt-to-Asset Ratio | 1.9% |
| Months of Reserves | 0.8 months |
Financial Health Grade: C
In 2023, Musical Theater Center reported a deficit of $16K with expenses exceeding revenue, holds 0.8 months of operating reserves (limited), has a debt-to-asset ratio of 1.9% (very low leverage).
Financial Trends
Over 10 years of filings (2014–2023), Musical Theater Center's revenue has grown at a compound annual growth rate (CAGR) of 7.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +53.4% | +80.4% | -50.2% |
| 2022 | +214.1% | +139.1% | +308.9% |
| 2021 | -26.1% | -33.6% | -55.9% |
| 2020 | -52.1% | -31.0% | -54.4% |
| 2019 | -27.8% | -28.9% | +35.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Musical Theater Center 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 Musical Theater Center 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 deficit of $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.9%.
Frequently Asked Questions about Musical Theater Center
Is Musical Theater Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Musical Theater Center (EIN: 461868213) insufficient data. 0 red flags identified, 0 strengths noted.
How does Musical Theater Center spend its money?
Detailed spending breakdown data is not yet available for Musical Theater Center. Check back for updated IRS 990 analysis.
Are donations to Musical Theater Center tax-deductible?
Musical Theater Center is registered as a tax-exempt nonprofit (EIN: 461868213). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Musical Theater Center located?
Musical Theater Center is headquartered in Mt Pleasant, South Carolina and files with the IRS under EIN 461868213. It is classified under NTEE code A65.
How many years of IRS 990 filings does Musical Theater Center have?
Musical Theater Center has 10 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 $301K in total revenue.
Filing History
IRS 990 filing history for Musical Theater Center showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Musical Theater Center's revenue has grown by 92.1%, moving from $118K to $226K. Total assets increased by 18.3% over the same period, from $13K to $16K. Total functional expenses rose by 128.9%, from $106K to $242K. In its most recent filing year (2023), Musical Theater Center reported a deficit of $16K, with expenses exceeding revenue. The organization holds $300 in liabilities against $16K in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $15K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $226K | $242K | $16K | $300 | — | — |
| 2022 | $147K | $134K | $31K | $300 | — | View 990 |
| 2021 | $47K | $56K | $8K | $300 | — | View 990 |
| 2020 | $63K | $84K | $17K | $300 | — | View 990 |
| 2019 | $132K | $122K | $38K | $300 | — | View 990 |
| 2018 | $183K | $172K | $28K | $300 | — | View 990 |
| 2017 | $110K | $98K | $15K | $300 | — | View 990 |
| 2016 | $130K | $136K | $2K | $300 | — | View 990 |
| 2015 | $100K | $105K | $8K | $300 | — | View 990 |
| 2014 | $118K | $106K | $13K | $200 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $226K, expenses of $242K, and assets of $16K (revenue +53.4% year-over-year).
- 2022: Revenue of $147K, expenses of $134K, and assets of $31K (revenue +214.1% year-over-year).
- 2021: Revenue of $47K, expenses of $56K, and assets of $8K (revenue -26.1% year-over-year).
- 2020: Revenue of $63K, expenses of $84K, and assets of $17K (revenue -52.1% year-over-year).
- 2019: Revenue of $132K, expenses of $122K, and assets of $38K (revenue -27.8% year-over-year).
- 2018: Revenue of $183K, expenses of $172K, and assets of $28K (revenue +65.9% year-over-year).
- 2017: Revenue of $110K, expenses of $98K, and assets of $15K (revenue -15.2% year-over-year).
- 2016: Revenue of $130K, expenses of $136K, and assets of $2K (revenue +30.5% year-over-year).
- 2015: Revenue of $100K, expenses of $105K, and assets of $8K (revenue -15.1% year-over-year).
- 2014: Revenue of $118K, expenses of $106K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Musical Theater Center:
Data Sources and Methodology
This transparency report for Musical Theater Center 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.