Presentation Lantern
Presentation Lantern maintains strong asset base and zero officer compensation, demonstrating fiscal prudence.
EIN: 134224124 · Dubuque, IA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $451K |
| Total Expenses | $216K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $3.3M |
| Transparency Score | 95/100 |
Is Presentation Lantern Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Presentation Lantern directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Presentation Lantern
Presentation Lantern (EIN: 134224124) is a nonprofit organization based in Dubuque, IA. The organization reported total revenue of $451K and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Presentation Lantern's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Presentation Lantern is a small nonprofit that has been operating for 80 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $224K |
| Total Expenses | $216K |
| Surplus / Deficit | +$8K |
| Total Assets | $3.3M |
| Net Assets | $3.3M |
| Operating Margin | 3.7% |
| Months of Reserves | 186.0 months |
Financial Health Grade: A
In 2023, Presentation Lantern reported a surplus of $8K with revenue exceeding expenses, holds 186.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Presentation Lantern's revenue has grown at a compound annual growth rate (CAGR) of 6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.9% | +3.4% | +16.4% |
| 2022 | -35.2% | +0.9% | -16.6% |
| 2021 | -13.2% | +1.6% | +15.5% |
| 2020 | +91.6% | +21.0% | +19.4% |
| 2019 | +40.9% | +16.3% | +17.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 1946 |
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 Presentation Lantern with a Mission Score of 95 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: 90%
- fundraising: 0%
According to IRS 990 filings, Presentation Lantern allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 surplus of $8K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officers receive salaries from the organization. This is highly unusual for an organization with assets exceeding $3 million and annual expenses over $200,000, suggesting a volunteer-led or extremely lean leadership structure.
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.
Red Flags
The following concerns were identified during AI analysis of Presentation Lantern's IRS 990 filings:
- Lack of detailed program vs. administrative vs. fundraising expense breakdown in provided summary data (though 0% officer comp mitigates this concern)
Strengths
The following positive indicators were identified for Presentation Lantern:
- Consistent 0% officer compensation, indicating high program efficiency
- Strong and growing asset base relative to annual expenses
- Minimal to zero liabilities in recent filing periods
- Extensive IRS 990 filing history demonstrating transparency
- Consistent revenue generation supporting operations
Frequently Asked Questions about Presentation Lantern
Is Presentation Lantern a legitimate charity?
Based on AI analysis of IRS 990 filings, Presentation Lantern (EIN: 134224124) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Presentation Lantern spend its money?
Presentation Lantern directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Presentation Lantern tax-deductible?
Presentation Lantern is registered as a tax-exempt nonprofit (EIN: 134224124). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Presentation Lantern CEO make?
Presentation Lantern's highest-compensated officer earns $3 annually. The organization reported $451K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Presentation Lantern located?
Presentation Lantern is headquartered in Dubuque, Iowa and files with the IRS under EIN 134224124.
How many years of IRS 990 filings does Presentation Lantern have?
Presentation Lantern 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 $451K in total revenue.
Is Presentation Lantern a good charity?
Based on the available financial data, Presentation Lantern appears to be a very good charity. It demonstrates strong financial health with substantial assets, minimal liabilities, and a consistent commitment to directing funds towards its mission by reporting 0% officer compensation.
How does Presentation Lantern manage its leadership without officer compensation?
The consistent reporting of 0% officer compensation suggests that Presentation Lantern's leadership may be entirely volunteer-based, or that any compensation for leadership roles is covered through other means not classified as officer compensation on the 990, or is below reporting thresholds. This is a significant indicator of dedication to its mission.
What is the trend in Presentation Lantern's assets?
Presentation Lantern's assets have shown a strong upward trend over the past decade, growing from $2,739,851 in 201412 to $3,348,387 in 202312, with a peak of $3,566,948 in the latest reported total assets. This indicates effective asset management and growth.
Has Presentation Lantern had any significant liabilities?
Presentation Lantern reported significant liabilities of $1,000,000 from 201412 to 201612. However, since 201712, liabilities have been consistently low, with zero reported in the most recent three filing periods (202112, 202212, 202312), indicating a strong improvement in its financial position.
Filing History
IRS 990 filing history for Presentation Lantern showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Presentation Lantern's revenue has grown by 102%, moving from $111K to $224K. Total assets increased by 72.3% over the same period, from $1.9M to $3.3M. Total functional expenses rose by 207.1%, from $70K to $216K. In its most recent filing year (2023), Presentation Lantern reported a surplus of $8K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $224K | $216K | $3.3M | $0 | — | — |
| 2022 | $181K | $209K | $2.9M | $0 | — | View 990 |
| 2021 | $279K | $207K | $3.5M | $153 | — | View 990 |
| 2020 | $322K | $204K | $3.0M | $0 | — | View 990 |
| 2019 | $168K | $169K | $2.5M | $0 | — | View 990 |
| 2018 | $119K | $145K | $2.1M | $0 | — | View 990 |
| 2017 | $129K | $128K | $2.3M | $0 | — | View 990 |
| 2016 | $112K | $105K | $2.9M | $1.0M | — | View 990 |
| 2015 | $115K | $87K | $2.7M | $1.0M | — | View 990 |
| 2014 | $112K | $88K | $2.7M | $1.0M | — | View 990 |
| 2013 | $103K | $112K | $2.6M | $1.0M | — | View 990 |
| 2012 | $99K | $74K | $2.2M | $1.0M | — | View 990 |
| 2011 | $111K | $70K | $1.9M | $1.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $224K, expenses of $216K, and assets of $3.3M (revenue +23.9% year-over-year).
- 2022: Revenue of $181K, expenses of $209K, and assets of $2.9M (revenue -35.2% year-over-year).
- 2021: Revenue of $279K, expenses of $207K, and assets of $3.5M (revenue -13.2% year-over-year).
- 2020: Revenue of $322K, expenses of $204K, and assets of $3.0M (revenue +91.6% year-over-year).
- 2019: Revenue of $168K, expenses of $169K, and assets of $2.5M (revenue +40.9% year-over-year).
- 2018: Revenue of $119K, expenses of $145K, and assets of $2.1M (revenue -7.8% year-over-year).
- 2017: Revenue of $129K, expenses of $128K, and assets of $2.3M (revenue +15.7% year-over-year).
- 2016: Revenue of $112K, expenses of $105K, and assets of $2.9M (revenue -3.2% year-over-year).
- 2015: Revenue of $115K, expenses of $87K, and assets of $2.7M (revenue +3.2% year-over-year).
- 2014: Revenue of $112K, expenses of $88K, and assets of $2.7M (revenue +8.8% year-over-year).
- 2013: Revenue of $103K, expenses of $112K, and assets of $2.6M (revenue +3.8% year-over-year).
- 2012: Revenue of $99K, expenses of $74K, and assets of $2.2M (revenue -10.9% year-over-year).
- 2011: Revenue of $111K, expenses of $70K, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Presentation Lantern:
Data Sources and Methodology
This transparency report for Presentation Lantern 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.