Payomet Performing Arts Charitable Trust
EIN: 311624487 · Truro, MA
| Metric | Value |
|---|---|
| Total Expenses | $1.1M |
| Net Assets | $135K |
Is Payomet Performing Arts Charitable Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Payomet Performing Arts Charitable Trust
Payomet Performing Arts Charitable Trust (EIN: 311624487) is a nonprofit organization based in Truro, MA. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Payomet Performing Arts Charitable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Payomet Performing Arts Charitable Trust is a mid-size nonprofit, with 8 years of IRS 990 filings on record (2010–2017). Revenue has grown at a compound annual rate of 29.8%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$55K |
| Total Assets | $156K |
| Total Liabilities | $22K |
| Net Assets | $135K |
| Operating Margin | 4.8% |
| Debt-to-Asset Ratio | 13.8% |
| Months of Reserves | 1.7 months |
Financial Health Grade: A
In 2017, Payomet Performing Arts Charitable Trust reported a surplus of $55K with revenue exceeding expenses, holds 1.7 months of operating reserves (limited), has a debt-to-asset ratio of 13.8% (very low leverage).
Financial Trends
Over 8 years of filings (2010–2017), Payomet Performing Arts Charitable Trust's revenue has grown at a compound annual growth rate (CAGR) of 29.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -0.1% | -3.0% | +40.3% |
| 2016 | +22.2% | +21.7% | +48.3% |
| 2015 | +23.4% | +21.4% | +6.9% |
| 2014 | +30.3% | +33.5% | +62.2% |
| 2013 | +46.1% | +43.4% | +27.0% |
AI Analysis Pending
AI enrichment for Payomet Performing Arts Charitable Trust 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 Payomet Performing Arts Charitable Trust 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $55K, with revenue exceeding expenses.
- Debt-to-asset ratio: 13.8%.
Frequently Asked Questions about Payomet Performing Arts Charitable Trust
Is Payomet Performing Arts Charitable Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Payomet Performing Arts Charitable Trust (EIN: 311624487) insufficient data. 0 red flags identified, 0 strengths noted.
How does Payomet Performing Arts Charitable Trust spend its money?
Detailed spending breakdown data is not yet available for Payomet Performing Arts Charitable Trust. Check back for updated IRS 990 analysis.
Are donations to Payomet Performing Arts Charitable Trust tax-deductible?
Payomet Performing Arts Charitable Trust is registered as a tax-exempt nonprofit (EIN: 311624487). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Payomet Performing Arts Charitable Trust located?
Payomet Performing Arts Charitable Trust is headquartered in Truro, Massachusetts and files with the IRS under EIN 311624487.
How many years of IRS 990 filings does Payomet Performing Arts Charitable Trust have?
Payomet Performing Arts Charitable Trust has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Payomet Performing Arts Charitable Trust showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2010–2017), Payomet Performing Arts Charitable Trust's revenue has grown by 520.8%, moving from $184K to $1.1M. Total assets increased by 476.4% over the same period, from $27K to $156K. Total functional expenses rose by 447.1%, from $198K to $1.1M. In its most recent filing year (2017), Payomet Performing Arts Charitable Trust reported a surplus of $55K, with revenue exceeding expenses. The organization holds $22K in liabilities against $156K in assets (debt-to-asset ratio: 13.8%), resulting in net assets of $135K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $1.1M | $1.1M | $156K | $22K | — | View 990 |
| 2016 | $1.1M | $1.1M | $111K | $32K | — | View 990 |
| 2015 | $932K | $918K | $75K | $18K | — | View 990 |
| 2014 | $756K | $756K | $70K | $28K | — | View 990 |
| 2013 | $580K | $566K | $43K | $881 | — | View 990 |
| 2012 | $397K | $395K | $34K | $6K | — | View 990 |
| 2011 | $225K | $226K | $26K | $0 | — | View 990 |
| 2010 | $184K | $198K | $27K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $1.1M, expenses of $1.1M, and assets of $156K (revenue -0.1% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.1M, and assets of $111K (revenue +22.2% year-over-year).
- 2015: Revenue of $932K, expenses of $918K, and assets of $75K (revenue +23.4% year-over-year).
- 2014: Revenue of $756K, expenses of $756K, and assets of $70K (revenue +30.3% year-over-year).
- 2013: Revenue of $580K, expenses of $566K, and assets of $43K (revenue +46.1% year-over-year).
- 2012: Revenue of $397K, expenses of $395K, and assets of $34K (revenue +76.1% year-over-year).
- 2011: Revenue of $225K, expenses of $226K, and assets of $26K (revenue +22.8% year-over-year).
- 2010: Revenue of $184K, expenses of $198K, and assets of $27K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Payomet Performing Arts Charitable Trust:
Data Sources and Methodology
This transparency report for Payomet Performing Arts Charitable Trust 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.