Portland Lyric Theater
EIN: 237376760 · S Portland, ME · NTEE: A650
Is Portland Lyric Theater Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Portland Lyric Theater
Portland Lyric Theater (EIN: 237376760) is a nonprofit organization based in S Portland, ME, classified under NTEE code A650. The organization reported total revenue of $497K and total assets of $871K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Portland Lyric Theater's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Portland Lyric Theater 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 Portland Lyric Theater 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.
Frequently Asked Questions about Portland Lyric Theater
Is Portland Lyric Theater a legitimate charity?
Based on AI analysis of IRS 990 filings, Portland Lyric Theater (EIN: 237376760) insufficient data. 0 red flags identified, 0 strengths noted.
How does Portland Lyric Theater spend its money?
Detailed spending breakdown data is not yet available for Portland Lyric Theater. Check back for updated IRS 990 analysis.
Are donations to Portland Lyric Theater tax-deductible?
Portland Lyric Theater is registered as a tax-exempt nonprofit (EIN: 237376760). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Portland Lyric Theater showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2023), Portland Lyric Theater's revenue has grown by 231.9%, moving from $127K to $420K. Total assets increased by 88.4% over the same period, from $314K to $593K. Total functional expenses rose by 24%, from $127K to $157K. In its most recent filing year (2023), Portland Lyric Theater reported a surplus of $263K, with revenue exceeding expenses. The organization holds $14K in liabilities against $593K in assets (debt-to-asset ratio: 2.4%), resulting in net assets of $578K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $420K | $157K | $593K | $14K | — | View 990 |
| 2022 | $89K | $141K | $329K | $14K | — | View 990 |
| 2021 | $85K | $65K | $381K | $14K | — | — |
| 2020 | $178K | $149K | $359K | $13K | — | View 990 |
| 2019 | $163K | $186K | $360K | $17K | — | View 990 |
| 2018 | $175K | $184K | $393K | $27K | — | View 990 |
| 2017 | $173K | $163K | $384K | $9K | — | View 990 |
| 2016 | $197K | $151K | $374K | $9K | — | View 990 |
| 2015 | $239K | $215K | $314K | $0 | — | View 990 |
| 2014 | $9K | $7K | $297K | $6K | — | View 990 |
| 2014 | $173K | $157K | $296K | $7K | — | View 990 |
| 2013 | $128K | $139K | $296K | $21K | — | View 990 |
| 2012 | $127K | $127K | $314K | $29K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $420K, expenses of $157K, and assets of $593K (revenue +371.2% year-over-year).
- 2022: Revenue of $89K, expenses of $141K, and assets of $329K (revenue +5.0% year-over-year).
- 2021: Revenue of $85K, expenses of $65K, and assets of $381K (revenue -52.2% year-over-year).
- 2020: Revenue of $178K, expenses of $149K, and assets of $359K (revenue +9.3% year-over-year).
- 2019: Revenue of $163K, expenses of $186K, and assets of $360K (revenue -7.0% year-over-year).
- 2018: Revenue of $175K, expenses of $184K, and assets of $393K (revenue +1.3% year-over-year).
- 2017: Revenue of $173K, expenses of $163K, and assets of $384K (revenue -12.3% year-over-year).
- 2016: Revenue of $197K, expenses of $151K, and assets of $374K (revenue -17.6% year-over-year).
- 2015: Revenue of $239K, expenses of $215K, and assets of $314K (revenue +2638.3% year-over-year).
- 2014: Revenue of $9K, expenses of $7K, and assets of $297K (revenue -95.0% year-over-year).
- 2014: Revenue of $173K, expenses of $157K, and assets of $296K (revenue +35.5% year-over-year).
- 2013: Revenue of $128K, expenses of $139K, and assets of $296K (revenue +0.9% year-over-year).
- 2012: Revenue of $127K, expenses of $127K, and assets of $314K.
Data Sources and Methodology
This transparency report for Portland Lyric Theater 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.