Oil Lamp Theater Nfp
EIN: 454791301 · Glenview, IL · NTEE: A65
Is Oil Lamp Theater Nfp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Oil Lamp Theater Nfp
Oil Lamp Theater Nfp (EIN: 454791301) is a nonprofit organization based in Glenview, IL, classified under NTEE code A65. The organization reported total revenue of $593K and total assets of $26K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oil Lamp Theater Nfp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oil Lamp Theater Nfp is a small nonprofit that has been operating for 13 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 17.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $505K |
| Total Expenses | $504K |
| Surplus / Deficit | +$673 |
| Total Assets | $37K |
| Total Liabilities | $64K |
| Net Assets | $-27,350 |
| Operating Margin | 0.1% |
| Debt-to-Asset Ratio | 174.5% |
| Months of Reserves | 0.9 months |
Financial Health Grade: B
In 2023, Oil Lamp Theater Nfp reported a surplus of $673 with revenue exceeding expenses, holds 0.9 months of operating reserves (limited), has a debt-to-asset ratio of 174.5% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Oil Lamp Theater Nfp's revenue has grown at a compound annual growth rate (CAGR) of 17.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +38.3% | +21.6% | +4.6% |
| 2022 | +14.9% | +37.5% | -64.6% |
| 2021 | +93.3% | +44.0% | +72.8% |
| 2020 | -55.7% | -43.8% | -12.7% |
| 2019 | +5.0% | +1.8% | -8.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Oil Lamp Theater Nfp 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 Oil Lamp Theater Nfp 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 $673, with revenue exceeding expenses.
- Debt-to-asset ratio: 174.5%.
Frequently Asked Questions about Oil Lamp Theater Nfp
Is Oil Lamp Theater Nfp a legitimate charity?
Based on AI analysis of IRS 990 filings, Oil Lamp Theater Nfp (EIN: 454791301) insufficient data. 0 red flags identified, 0 strengths noted.
How does Oil Lamp Theater Nfp spend its money?
Detailed spending breakdown data is not yet available for Oil Lamp Theater Nfp. Check back for updated IRS 990 analysis.
Are donations to Oil Lamp Theater Nfp tax-deductible?
Oil Lamp Theater Nfp is registered as a tax-exempt nonprofit (EIN: 454791301). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Oil Lamp Theater Nfp showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Oil Lamp Theater Nfp's revenue has grown by 497.5%, moving from $85K to $505K. Total assets decreased by 6% over the same period, from $39K to $37K. Total functional expenses rose by 620%, from $70K to $504K. In its most recent filing year (2023), Oil Lamp Theater Nfp reported a surplus of $673, with revenue exceeding expenses. The organization holds $64K in liabilities against $37K in assets (debt-to-asset ratio: 174.5%), resulting in net assets of $-27,350.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $505K | $504K | $37K | $64K | — | — |
| 2022 | $365K | $415K | $35K | $63K | — | View 990 |
| 2021 | $318K | $302K | $99K | $78K | — | View 990 |
| 2020 | $165K | $210K | $57K | $53K | — | — |
| 2019 | $371K | $373K | $66K | $16K | — | View 990 |
| 2018 | $353K | $366K | $72K | $20K | — | View 990 |
| 2017 | $296K | $287K | $90K | $25K | — | View 990 |
| 2016 | $249K | $236K | $77K | $21K | — | View 990 |
| 2015 | $217K | $209K | $70K | $26K | — | View 990 |
| 2014 | $209K | $194K | $59K | $30K | — | View 990 |
| 2013 | $137K | $137K | $41K | $27K | — | View 990 |
| 2012 | $85K | $70K | $39K | $25K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $505K, expenses of $504K, and assets of $37K (revenue +38.3% year-over-year).
- 2022: Revenue of $365K, expenses of $415K, and assets of $35K (revenue +14.9% year-over-year).
- 2021: Revenue of $318K, expenses of $302K, and assets of $99K (revenue +93.3% year-over-year).
- 2020: Revenue of $165K, expenses of $210K, and assets of $57K (revenue -55.7% year-over-year).
- 2019: Revenue of $371K, expenses of $373K, and assets of $66K (revenue +5.0% year-over-year).
- 2018: Revenue of $353K, expenses of $366K, and assets of $72K (revenue +19.5% year-over-year).
- 2017: Revenue of $296K, expenses of $287K, and assets of $90K (revenue +19.0% year-over-year).
- 2016: Revenue of $249K, expenses of $236K, and assets of $77K (revenue +14.7% year-over-year).
- 2015: Revenue of $217K, expenses of $209K, and assets of $70K (revenue +3.9% year-over-year).
- 2014: Revenue of $209K, expenses of $194K, and assets of $59K (revenue +52.4% year-over-year).
- 2013: Revenue of $137K, expenses of $137K, and assets of $41K (revenue +61.9% year-over-year).
- 2012: Revenue of $85K, expenses of $70K, and assets of $39K.
Data Sources and Methodology
This transparency report for Oil Lamp Theater Nfp 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.