Playhouse Square Foundation
EIN: 237304942 · Cleveland, OH · NTEE: A610
| Metric | Value |
|---|---|
| Total Revenue | $83.3M |
| Total Expenses | $91.6M |
| Net Assets | $202.7M |
Is Playhouse Square Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Playhouse Square Foundation
Playhouse Square Foundation (EIN: 237304942) is a nonprofit organization based in Cleveland, OH, classified under NTEE code A610. The organization reported total revenue of $83.3M and total assets of $346.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Playhouse Square Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Playhouse Square Foundation is a major nonprofit that has been operating for 53 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $97.2M |
| Total Expenses | $91.6M |
| Surplus / Deficit | +$5.6M |
| Total Assets | $341.3M |
| Total Liabilities | $138.6M |
| Net Assets | $202.7M |
| Operating Margin | 5.8% |
| Debt-to-Asset Ratio | 40.6% |
| Months of Reserves | 44.7 months |
Financial Health Grade: A
In 2023, Playhouse Square Foundation reported a surplus of $5.6M with revenue exceeding expenses, holds 44.7 months of operating reserves (strong position), has a debt-to-asset ratio of 40.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Playhouse Square Foundation's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +42.9% | +39.9% | +5.1% |
| 2022 | +175.2% | +99.4% | -0.4% |
| 2021 | -60.7% | -44.3% | +2.1% |
| 2020 | -34.0% | -28.0% | +1.8% |
| 2019 | +0.9% | +17.4% | -5.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1973 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Playhouse Square Foundation 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 Playhouse Square Foundation 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 $5.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 40.6%.
Frequently Asked Questions about Playhouse Square Foundation
Is Playhouse Square Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Playhouse Square Foundation (EIN: 237304942) insufficient data. 0 red flags identified, 0 strengths noted.
How does Playhouse Square Foundation spend its money?
Detailed spending breakdown data is not yet available for Playhouse Square Foundation. Check back for updated IRS 990 analysis.
Are donations to Playhouse Square Foundation tax-deductible?
Playhouse Square Foundation is registered as a tax-exempt nonprofit (EIN: 237304942). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Playhouse Square Foundation located?
Playhouse Square Foundation is headquartered in Cleveland, Ohio and files with the IRS under EIN 237304942. It is classified under NTEE code A610.
How many years of IRS 990 filings does Playhouse Square Foundation have?
Playhouse Square Foundation 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 $83.3M in total revenue.
Filing History
IRS 990 filing history for Playhouse Square Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Playhouse Square Foundation's revenue has grown by 70.6%, moving from $57.0M to $97.2M. Total assets increased by 131.5% over the same period, from $147.4M to $341.3M. Total functional expenses rose by 120.2%, from $41.6M to $91.6M. In its most recent filing year (2023), Playhouse Square Foundation reported a surplus of $5.6M, with revenue exceeding expenses. The organization holds $138.6M in liabilities against $341.3M in assets (debt-to-asset ratio: 40.6%), resulting in net assets of $202.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $97.2M | $91.6M | $341.3M | $138.6M | — | View 990 |
| 2022 | $68.0M | $65.5M | $324.7M | $137.8M | — | View 990 |
| 2021 | $24.7M | $32.8M | $326.1M | $132.3M | — | — |
| 2020 | $62.9M | $58.9M | $319.3M | $134.3M | — | View 990 |
| 2019 | $95.4M | $81.9M | $313.6M | $132.9M | — | View 990 |
| 2018 | $94.6M | $69.7M | $332.9M | $140.8M | — | View 990 |
| 2017 | $66.1M | $60.4M | $232.6M | $69.3M | — | — |
| 2016 | $58.8M | $52.3M | $212.2M | $64.8M | — | View 990 |
| 2015 | $77.7M | $47.9M | $199.7M | $58.7M | — | View 990 |
| 2014 | $72.8M | $56.0M | $179.6M | $68.4M | — | View 990 |
| 2013 | $44.4M | $41.8M | $153.9M | $54.6M | — | View 990 |
| 2012 | $47.0M | $39.4M | $156.6M | $59.9M | — | View 990 |
| 2011 | $57.0M | $41.6M | $147.4M | $58.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $97.2M, expenses of $91.6M, and assets of $341.3M (revenue +42.9% year-over-year).
- 2022: Revenue of $68.0M, expenses of $65.5M, and assets of $324.7M (revenue +175.2% year-over-year).
- 2021: Revenue of $24.7M, expenses of $32.8M, and assets of $326.1M (revenue -60.7% year-over-year).
- 2020: Revenue of $62.9M, expenses of $58.9M, and assets of $319.3M (revenue -34.0% year-over-year).
- 2019: Revenue of $95.4M, expenses of $81.9M, and assets of $313.6M (revenue +0.9% year-over-year).
- 2018: Revenue of $94.6M, expenses of $69.7M, and assets of $332.9M (revenue +43.1% year-over-year).
- 2017: Revenue of $66.1M, expenses of $60.4M, and assets of $232.6M (revenue +12.5% year-over-year).
- 2016: Revenue of $58.8M, expenses of $52.3M, and assets of $212.2M (revenue -24.4% year-over-year).
- 2015: Revenue of $77.7M, expenses of $47.9M, and assets of $199.7M (revenue +6.7% year-over-year).
- 2014: Revenue of $72.8M, expenses of $56.0M, and assets of $179.6M (revenue +64.0% year-over-year).
- 2013: Revenue of $44.4M, expenses of $41.8M, and assets of $153.9M (revenue -5.5% year-over-year).
- 2012: Revenue of $47.0M, expenses of $39.4M, and assets of $156.6M (revenue -17.5% year-over-year).
- 2011: Revenue of $57.0M, expenses of $41.6M, and assets of $147.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Playhouse Square Foundation:
Data Sources and Methodology
This transparency report for Playhouse Square Foundation 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.