Piedmont Players Theatre Inc
EIN: 560766762 · Salisbury, NC · NTEE: A650
| Metric | Value |
|---|---|
| Total Revenue | $657K |
| Total Expenses | $782K |
| Net Assets | $1.7M |
Is Piedmont Players Theatre Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Piedmont Players Theatre Inc
Piedmont Players Theatre Inc (EIN: 560766762) is a nonprofit organization based in Salisbury, NC, classified under NTEE code A650. The organization reported total revenue of $657K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Piedmont Players Theatre Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Piedmont Players Theatre Inc is a small nonprofit that has been operating for 62 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $882K |
| Total Expenses | $782K |
| Surplus / Deficit | +$100K |
| Total Assets | $1.9M |
| Total Liabilities | $220K |
| Net Assets | $1.7M |
| Operating Margin | 11.3% |
| Debt-to-Asset Ratio | 11.3% |
| Months of Reserves | 29.9 months |
Financial Health Grade: A
In 2023, Piedmont Players Theatre Inc reported a surplus of $100K with revenue exceeding expenses, holds 29.9 months of operating reserves (strong position), has a debt-to-asset ratio of 11.3% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Piedmont Players Theatre Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +40.6% | -1.1% | -8.4% |
| 2022 | +58.6% | +67.8% | -8.2% |
| 2021 | -40.9% | -40.8% | -4.1% |
| 2020 | -6.4% | -1.1% | -7.9% |
| 2019 | +7.5% | +3.9% | +0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1964 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Piedmont Players Theatre Inc 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 Piedmont Players Theatre Inc 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 $100K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.3%.
Frequently Asked Questions about Piedmont Players Theatre Inc
Is Piedmont Players Theatre Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Piedmont Players Theatre Inc (EIN: 560766762) insufficient data. 0 red flags identified, 0 strengths noted.
How does Piedmont Players Theatre Inc spend its money?
Detailed spending breakdown data is not yet available for Piedmont Players Theatre Inc. Check back for updated IRS 990 analysis.
Are donations to Piedmont Players Theatre Inc tax-deductible?
Piedmont Players Theatre Inc is registered as a tax-exempt nonprofit (EIN: 560766762). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Piedmont Players Theatre Inc located?
Piedmont Players Theatre Inc is headquartered in Salisbury, North Carolina and files with the IRS under EIN 560766762. It is classified under NTEE code A650.
How many years of IRS 990 filings does Piedmont Players Theatre Inc have?
Piedmont Players Theatre Inc has 12 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 $657K in total revenue.
Filing History
IRS 990 filing history for Piedmont Players Theatre Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Piedmont Players Theatre Inc's revenue has grown by 39.4%, moving from $633K to $882K. Total assets increased by 37% over the same period, from $1.4M to $1.9M. Total functional expenses rose by 2.2%, from $766K to $782K. In its most recent filing year (2023), Piedmont Players Theatre Inc reported a surplus of $100K, with revenue exceeding expenses. The organization holds $220K in liabilities against $1.9M in assets (debt-to-asset ratio: 11.3%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $882K | $782K | $1.9M | $220K | — | — |
| 2022 | $627K | $791K | $2.1M | $499K | — | — |
| 2021 | $395K | $472K | $2.3M | $523K | — | View 990 |
| 2020 | $669K | $796K | $2.4M | $545K | — | View 990 |
| 2019 | $714K | $805K | $2.6M | $626K | — | View 990 |
| 2018 | $665K | $775K | $2.6M | $521K | — | View 990 |
| 2017 | $711K | $787K | $2.8M | $571K | — | View 990 |
| 2015 | $665K | $803K | $3.1M | $591K | — | View 990 |
| 2014 | $596K | $670K | $3.1M | $488K | — | View 990 |
| 2013 | $611K | $642K | $3.2M | $516K | — | View 990 |
| 2012 | $741K | $574K | $1.4M | $648K | — | View 990 |
| 2011 | $633K | $766K | $1.4M | $858K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $882K, expenses of $782K, and assets of $1.9M (revenue +40.6% year-over-year).
- 2022: Revenue of $627K, expenses of $791K, and assets of $2.1M (revenue +58.6% year-over-year).
- 2021: Revenue of $395K, expenses of $472K, and assets of $2.3M (revenue -40.9% year-over-year).
- 2020: Revenue of $669K, expenses of $796K, and assets of $2.4M (revenue -6.4% year-over-year).
- 2019: Revenue of $714K, expenses of $805K, and assets of $2.6M (revenue +7.5% year-over-year).
- 2018: Revenue of $665K, expenses of $775K, and assets of $2.6M (revenue -6.5% year-over-year).
- 2017: Revenue of $711K, expenses of $787K, and assets of $2.8M (revenue +6.9% year-over-year).
- 2015: Revenue of $665K, expenses of $803K, and assets of $3.1M (revenue +11.5% year-over-year).
- 2014: Revenue of $596K, expenses of $670K, and assets of $3.1M (revenue -2.4% year-over-year).
- 2013: Revenue of $611K, expenses of $642K, and assets of $3.2M (revenue -17.5% year-over-year).
- 2012: Revenue of $741K, expenses of $574K, and assets of $1.4M (revenue +17.0% year-over-year).
- 2011: Revenue of $633K, expenses of $766K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Piedmont Players Theatre Inc:
Data Sources and Methodology
This transparency report for Piedmont Players 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.