Patchogue Village Center For The Performing Arts Inc
Patchogue Village Center For The Performing Arts Inc shows strong asset growth and consistent revenue, with no reported officer compensation.
EIN: 113586794 · Patchogue, NY · NTEE: A60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.0M |
| Total Expenses | $3.6M |
| Program Spending | 85% |
| Net Assets | $1.5M |
| Transparency Score | 88/100 |
Is Patchogue Village Center For The Performing Arts Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Patchogue Village Center For The Performing Arts Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Patchogue Village Center For The Performing Arts Inc
Patchogue Village Center For The Performing Arts Inc (EIN: 113586794) is a nonprofit organization based in Patchogue, NY, classified under NTEE code A60. The organization reported total revenue of $4.0M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Patchogue Village Center For The Performing Arts Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Patchogue Village Center For The Performing Arts Inc is a mid-size nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.6M |
| Total Expenses | $3.6M |
| Surplus / Deficit | $-23,447 |
| Total Assets | $2.0M |
| Total Liabilities | $563K |
| Net Assets | $1.5M |
| Operating Margin | -0.7% |
| Debt-to-Asset Ratio | 28.0% |
| Months of Reserves | 6.7 months |
Financial Health Grade: B
In 2023, Patchogue Village Center For The Performing Arts Inc reported a deficit of $23K with expenses exceeding revenue, holds 6.7 months of operating reserves (strong position), has a debt-to-asset ratio of 28.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Patchogue Village Center For The Performing Arts Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.8% | +69.6% | +2.8% |
| 2022 | +225.8% | +328.5% | +59.0% |
| 2021 | -57.8% | -81.7% | +139.6% |
| 2020 | -9.3% | +4.1% | -61.4% |
| 2019 | +29.0% | +28.3% | -19.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2002 |
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 Patchogue Village Center For The Performing Arts Inc with a Mission Score of 88 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: 85%
- fundraising: 5%
According to IRS 990 filings, Patchogue Village Center For The Performing Arts Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 deficit of $23K, with expenses exceeding revenue.
- Debt-to-asset ratio: 28.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's officers are either unpaid volunteers or compensated through other means not categorized as officer compensation, which is a positive indicator for donor confidence.
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 Patchogue Village Center For The Performing Arts Inc:
- Strong asset growth, increasing from $514,457 in 202005 to $2,014,523 in 202305.
- Consistent reporting of 0% officer compensation, indicating low executive overhead.
- Significant revenue growth, especially from $894,986 in 202105 to $3,580,838 in 202305.
- Positive net assets, with assets consistently exceeding liabilities across all reported periods.
- Consistent filing history over 13 periods, demonstrating transparency and compliance.
Frequently Asked Questions about Patchogue Village Center For The Performing Arts Inc
Is Patchogue Village Center For The Performing Arts Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Patchogue Village Center For The Performing Arts Inc (EIN: 113586794) appears legitimate. Mission Score: 88/100. 0 red flags identified, 5 strengths noted.
How does Patchogue Village Center For The Performing Arts Inc spend its money?
Patchogue Village Center For The Performing Arts Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Patchogue Village Center For The Performing Arts Inc tax-deductible?
Patchogue Village Center For The Performing Arts Inc is registered as a tax-exempt nonprofit (EIN: 113586794). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Patchogue Village Center For The Performing Arts Inc's spending goes to programs?
Patchogue Village Center For The Performing Arts Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Patchogue Village Center For The Performing Arts Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Patchogue Village Center For The Performing Arts Inc is above average for NTEE category A60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Patchogue Village Center For The Performing Arts Inc located?
Patchogue Village Center For The Performing Arts Inc is headquartered in Patchogue, New York and files with the IRS under EIN 113586794. It is classified under NTEE code A60.
How many years of IRS 990 filings does Patchogue Village Center For The Performing Arts Inc have?
Patchogue Village Center For The Performing Arts Inc has 13 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 $4.0M in total revenue.
Is Patchogue Village Center For The Performing Arts Inc financially stable?
Yes, the organization appears financially stable. Its assets have grown significantly from $514,457 in 202005 to $2,014,523 in 202305, and it consistently generates substantial revenue, with $3,580,838 in the latest reported period.
How efficiently does the organization spend its money?
While specific program spending ratios are not detailed in the provided data, the consistent 0% officer compensation suggests a focus on minimizing executive overhead. The organization's ability to grow assets while maintaining high revenue levels indicates generally efficient resource allocation.
What is the trend in the organization's revenue?
The organization has shown strong revenue growth, particularly from $894,986 in 202105 to $3,580,838 in 202305, indicating increasing support and activity.
Filing History
IRS 990 filing history for Patchogue Village Center For The Performing Arts Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Patchogue Village Center For The Performing Arts Inc's revenue has grown by 312.3%, moving from $869K to $3.6M. Total assets increased by 609% over the same period, from $284K to $2.0M. Total functional expenses rose by 326.9%, from $844K to $3.6M. In its most recent filing year (2023), Patchogue Village Center For The Performing Arts Inc reported a deficit of $23K, with expenses exceeding revenue. The organization holds $563K in liabilities against $2.0M in assets (debt-to-asset ratio: 28.0%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.6M | $3.6M | $2.0M | $563K | — | View 990 |
| 2022 | $2.9M | $2.1M | $2.0M | $484K | — | View 990 |
| 2021 | $895K | $496K | $1.2M | $549K | — | View 990 |
| 2020 | $2.1M | $2.7M | $514K | $230K | — | View 990 |
| 2019 | $2.3M | $2.6M | $1.3M | $483K | — | View 990 |
| 2018 | $1.8M | $2.0M | $1.7M | $448K | — | View 990 |
| 2017 | $1.3M | $1.3M | $1.6M | $193K | — | View 990 |
| 2016 | $1.1M | $1.1M | $1.5M | $234K | — | View 990 |
| 2015 | $1.2M | $1.1M | $1.5M | $200K | — | View 990 |
| 2014 | $1.8M | $857K | $1.4M | $190K | — | View 990 |
| 2013 | $765K | $784K | $276K | $119K | — | View 990 |
| 2012 | $770K | $737K | $283K | $107K | — | View 990 |
| 2011 | $869K | $844K | $284K | $141K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.6M, expenses of $3.6M, and assets of $2.0M (revenue +22.8% year-over-year).
- 2022: Revenue of $2.9M, expenses of $2.1M, and assets of $2.0M (revenue +225.8% year-over-year).
- 2021: Revenue of $895K, expenses of $496K, and assets of $1.2M (revenue -57.8% year-over-year).
- 2020: Revenue of $2.1M, expenses of $2.7M, and assets of $514K (revenue -9.3% year-over-year).
- 2019: Revenue of $2.3M, expenses of $2.6M, and assets of $1.3M (revenue +29.0% year-over-year).
- 2018: Revenue of $1.8M, expenses of $2.0M, and assets of $1.7M (revenue +37.1% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.3M, and assets of $1.6M (revenue +17.7% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.1M, and assets of $1.5M (revenue -3.9% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.1M, and assets of $1.5M (revenue -36.7% year-over-year).
- 2014: Revenue of $1.8M, expenses of $857K, and assets of $1.4M (revenue +141.3% year-over-year).
- 2013: Revenue of $765K, expenses of $784K, and assets of $276K (revenue -0.7% year-over-year).
- 2012: Revenue of $770K, expenses of $737K, and assets of $283K (revenue -11.3% year-over-year).
- 2011: Revenue of $869K, expenses of $844K, and assets of $284K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Patchogue Village Center For The Performing Arts Inc:
Data Sources and Methodology
This transparency report for Patchogue Village Center For The Performing Arts 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.