Riverside Theatre
EIN: 421188839 · Iowa City, IA · NTEE: A650
| Metric | Value |
|---|---|
| Total Revenue | $703K |
| Total Expenses | $880K |
| Net Assets | $707K |
Is Riverside Theatre Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Riverside Theatre
Riverside Theatre (EIN: 421188839) is a nonprofit organization based in Iowa City, IA, classified under NTEE code A650. The organization reported total revenue of $703K and total assets of $554K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Riverside Theatre's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Riverside Theatre is a small nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $850K |
| Total Expenses | $880K |
| Surplus / Deficit | $-30,391 |
| Total Assets | $953K |
| Total Liabilities | $247K |
| Net Assets | $707K |
| Operating Margin | -3.6% |
| Debt-to-Asset Ratio | 25.9% |
| Months of Reserves | 13.0 months |
Financial Health Grade: B
In 2023, Riverside Theatre reported a deficit of $30K with expenses exceeding revenue, holds 13.0 months of operating reserves (strong position), has a debt-to-asset ratio of 25.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Riverside Theatre's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -26.3% | +8.2% | +9.2% |
| 2022 | +38.4% | +93.8% | +94.5% |
| 2021 | +105.1% | +15.4% | +496.5% |
| 2020 | -0.9% | -18.0% | +161.3% |
| 2019 | -3.0% | +2.5% | -17.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Riverside Theatre 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 Riverside Theatre 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 deficit of $30K, with expenses exceeding revenue.
- Debt-to-asset ratio: 25.9%.
Frequently Asked Questions about Riverside Theatre
Is Riverside Theatre a legitimate charity?
Based on AI analysis of IRS 990 filings, Riverside Theatre (EIN: 421188839) insufficient data. 0 red flags identified, 0 strengths noted.
How does Riverside Theatre spend its money?
Detailed spending breakdown data is not yet available for Riverside Theatre. Check back for updated IRS 990 analysis.
Are donations to Riverside Theatre tax-deductible?
Riverside Theatre is registered as a tax-exempt nonprofit (EIN: 421188839). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Riverside Theatre located?
Riverside Theatre is headquartered in Iowa City, Iowa and files with the IRS under EIN 421188839. It is classified under NTEE code A650.
How many years of IRS 990 filings does Riverside Theatre have?
Riverside Theatre 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 $703K in total revenue.
Filing History
IRS 990 filing history for Riverside Theatre showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Riverside Theatre's revenue has grown by 58.3%, moving from $537K to $850K. Total assets increased by 632.3% over the same period, from $130K to $953K. Total functional expenses rose by 58.5%, from $556K to $880K. In its most recent filing year (2023), Riverside Theatre reported a deficit of $30K, with expenses exceeding revenue. The organization holds $247K in liabilities against $953K in assets (debt-to-asset ratio: 25.9%), resulting in net assets of $707K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $850K | $880K | $953K | $247K | — | View 990 |
| 2022 | $1.2M | $814K | $873K | $169K | — | View 990 |
| 2021 | $834K | $420K | $449K | $85K | — | — |
| 2020 | $406K | $364K | $75K | $125K | — | View 990 |
| 2019 | $410K | $444K | $29K | $122K | — | View 990 |
| 2018 | $423K | $433K | $35K | $94K | — | View 990 |
| 2017 | $442K | $460K | $64K | $112K | — | View 990 |
| 2016 | $446K | $567K | $83K | $116K | — | View 990 |
| 2015 | $479K | $474K | $154K | $68K | — | View 990 |
| 2014 | $539K | $543K | $189K | $107K | — | View 990 |
| 2013 | $531K | $542K | $159K | $78K | — | View 990 |
| 2012 | $611K | $544K | $196K | $103K | — | View 990 |
| 2011 | $537K | $556K | $130K | $104K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $850K, expenses of $880K, and assets of $953K (revenue -26.3% year-over-year).
- 2022: Revenue of $1.2M, expenses of $814K, and assets of $873K (revenue +38.4% year-over-year).
- 2021: Revenue of $834K, expenses of $420K, and assets of $449K (revenue +105.1% year-over-year).
- 2020: Revenue of $406K, expenses of $364K, and assets of $75K (revenue -0.9% year-over-year).
- 2019: Revenue of $410K, expenses of $444K, and assets of $29K (revenue -3.0% year-over-year).
- 2018: Revenue of $423K, expenses of $433K, and assets of $35K (revenue -4.4% year-over-year).
- 2017: Revenue of $442K, expenses of $460K, and assets of $64K (revenue -0.9% year-over-year).
- 2016: Revenue of $446K, expenses of $567K, and assets of $83K (revenue -6.8% year-over-year).
- 2015: Revenue of $479K, expenses of $474K, and assets of $154K (revenue -11.3% year-over-year).
- 2014: Revenue of $539K, expenses of $543K, and assets of $189K (revenue +1.7% year-over-year).
- 2013: Revenue of $531K, expenses of $542K, and assets of $159K (revenue -13.1% year-over-year).
- 2012: Revenue of $611K, expenses of $544K, and assets of $196K (revenue +13.7% year-over-year).
- 2011: Revenue of $537K, expenses of $556K, and assets of $130K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Riverside Theatre:
Data Sources and Methodology
This transparency report for Riverside Theatre 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.