Open Circle Theatre Inc
Open Circle Theatre Inc shows significant financial reporting gaps with $0 revenue/expenses in its last public 990 filing.
EIN: 200978640 · Rockville, MD · NTEE: A60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $178K |
| CEO/Top Officer Pay | $0 |
| Net Assets | $13K |
| Transparency Score | 10/100 |
Is Open Circle Theatre Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Open Circle Theatre Inc
Open Circle Theatre Inc (EIN: 200978640) is a nonprofit organization based in Rockville, MD, classified under NTEE code A60. The organization reported total revenue of $178K and total assets of $105K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Open Circle Theatre Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Open Circle Theatre Inc is a small nonprofit that has been operating for 22 years.
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Open Circle Theatre Inc with a Mission Score of 10 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.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Open Circle Theatre Inc allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
Executive Compensation Analysis
Based on the 2014 filing, officer compensation was reported as 0%, which is consistent with the $0 revenue and expenses. Without more recent or detailed financial data, it's impossible to assess executive compensation relative to the organization's current reported size of $177,550 in revenue.
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 Open Circle Theatre Inc's IRS 990 filings:
- Only one IRS 990 filing available, dating back to 2014.
- 2014 filing reported $0 revenue and $0 expenses, indicating potential dormancy or severe underreporting.
- Significant discrepancy between last public filing ($0 revenue) and current reported revenue ($177,550) without intervening filings.
- Lack of recent financial transparency makes it impossible to assess current financial health or spending efficiency.
Frequently Asked Questions about Open Circle Theatre Inc
Is Open Circle Theatre Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Open Circle Theatre Inc (EIN: 200978640) significant concerns. Mission Score: 10/100. 4 red flags identified, 0 strengths noted.
How does Open Circle Theatre Inc spend its money?
Detailed spending breakdown data is not yet available for Open Circle Theatre Inc. Check back for updated IRS 990 analysis.
Are donations to Open Circle Theatre Inc tax-deductible?
Open Circle Theatre Inc is registered as a tax-exempt nonprofit (EIN: 200978640). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Open Circle Theatre Inc CEO make?
Open Circle Theatre Inc's highest-compensated officer earns $0 annually. The organization reported $178K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Open Circle Theatre Inc compare to similar nonprofits?
With a transparency score of 10/100 (Very Poor), Open Circle Theatre Inc is below average for NTEE category A60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Open Circle Theatre Inc located?
Open Circle Theatre Inc is headquartered in Rockville, Maryland and files with the IRS under EIN 200978640. It is classified under NTEE code A60.
Is Open Circle Theatre Inc currently active and operating?
The 2014 IRS 990 filing reported $0 in revenue and expenses, which is highly unusual for an active organization. While current data shows $177,550 in revenue, the lack of recent public filings makes it difficult to confirm current operational status or financial health.
Why is there such a large discrepancy between the 2014 filing and current reported revenue?
The 2014 filing showed $0 revenue, while current data indicates $177,550. This significant gap suggests either a period of inactivity followed by renewed operations, or a failure to file required IRS forms for several years, leading to a lack of public financial transparency for the intervening period.
What are the organization's actual program expenses and impact?
The 2014 filing reported $0 in expenses, making it impossible to determine program spending or impact from that document. Without more recent and detailed financial statements, the actual program expenses and effectiveness cannot be assessed.
Filing History
IRS 990 filing history for Open Circle Theatre Inc showing financial trends over 1 year of public records:
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $0 | $0 | $13K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Open Circle Theatre Inc:
Data Sources and Methodology
This transparency report for Open Circle Theatre Inc 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.