San Diego Theatres Inc
San Diego Theatres Inc. shows strong post-pandemic financial recovery with growing revenue and assets, reporting 0% officer compensation.
EIN: 141886373 · San Diego, CA · NTEE: A65 · Updated: 2026-03-28
Is San Diego Theatres Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
San Diego Theatres Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About San Diego Theatres Inc
San Diego Theatres Inc (EIN: 141886373) is a nonprofit organization based in San Diego, CA, classified under NTEE code A65. The organization reported total revenue of $14.8M and total assets of $29.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of San Diego Theatres Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
San Diego Theatres Inc is a large nonprofit that has been operating for 22 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 8.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $15.0M |
| Total Expenses | $11.6M |
| Surplus / Deficit | +$3.4M |
| Total Assets | $25.0M |
| Total Liabilities | $8.4M |
| Net Assets | $16.6M |
| Operating Margin | 22.4% |
| Debt-to-Asset Ratio | 33.4% |
| Months of Reserves | 25.8 months |
Financial Health Grade: A
In 2024, San Diego Theatres Inc reported a surplus of $3.4M with revenue exceeding expenses, holds 25.8 months of operating reserves (strong position), has a debt-to-asset ratio of 33.4% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2024), San Diego Theatres Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +29.0% | +16.5% | +2.0% |
| 2023 | +4.6% | +45.1% | +34.1% |
| 2022 | +214.3% | +77.0% | +36.6% |
| 2021 | -54.0% | -56.8% | +14.6% |
| 2020 | -33.4% | -11.0% | -22.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
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 San Diego Theatres Inc with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, San Diego Theatres Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 33.4%.
Executive Compensation Analysis
San Diego Theatres Inc. consistently reports 0% officer compensation across all provided filing periods, indicating that no salaries or other compensation were paid to officers, directors, or trustees, which is highly unusual and suggests either volunteer leadership or compensation is categorized differently and not reported as officer compensation.
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 San Diego Theatres Inc's IRS 990 filings:
- Lack of detailed expense breakdown beyond total expenses in provided data, limiting granular spending efficiency analysis.
- Consistent 0% officer compensation is unusual and might indicate compensation is reported under other categories, potentially obscuring true executive costs.
Strengths
The following positive indicators were identified for San Diego Theatres Inc:
- Strong financial recovery post-pandemic, with revenue increasing from $3.5M in 2021 to nearly $15M in 2024.
- Consistent growth in assets, from $11.6M in 2020 to $24.9M in 2024, enhancing long-term stability.
- Reported 0% officer compensation, suggesting a commitment to directing funds to mission or volunteer leadership.
- Positive net income in recent years (e.g., $14.9M revenue vs. $11.6M expenses in 2024), indicating operational efficiency.
Frequently Asked Questions about San Diego Theatres Inc
Is San Diego Theatres Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, San Diego Theatres Inc (EIN: 141886373) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does San Diego Theatres Inc spend its money?
San Diego Theatres Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to San Diego Theatres Inc tax-deductible?
San Diego Theatres Inc is registered as a tax-exempt nonprofit (EIN: 141886373). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is San Diego Theatres Inc. financially stable?
Yes, the organization appears financially stable. Its assets have grown from $11,672,893 in 2020 to $24,988,487 in 2024, and revenue has significantly increased from $3,525,409 in 2021 to $14,954,198 in 2024, demonstrating strong recovery and growth.
How does San Diego Theatres Inc. manage executive compensation?
San Diego Theatres Inc. consistently reports 0% officer compensation in its IRS 990 filings, which is a strong indicator of either volunteer leadership or that executive compensation is categorized and reported under other expense lines, rather than as direct officer compensation.
Has San Diego Theatres Inc. recovered from the pandemic's impact?
Yes, the organization has shown a robust recovery. Revenue plummeted to $3,525,409 in 2021 but rebounded significantly to $14,954,198 by 2024, surpassing pre-pandemic levels (e.g., $11,498,337 in 2019).
Filing History
IRS 990 filing history for San Diego Theatres Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), San Diego Theatres Inc's revenue has grown by 204.7%, moving from $4.9M to $15.0M. Total assets increased by 300.7% over the same period, from $6.2M to $25.0M. Total functional expenses rose by 125.9%, from $5.1M to $11.6M. In its most recent filing year (2024), San Diego Theatres Inc reported a surplus of $3.4M, with revenue exceeding expenses. The organization holds $8.4M in liabilities against $25.0M in assets (debt-to-asset ratio: 33.4%), resulting in net assets of $16.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $15.0M | $11.6M | $25.0M | $8.4M | — | View 990 |
| 2023 | $11.6M | $10.0M | $24.5M | $11.4M | — | View 990 |
| 2022 | $11.1M | $6.9M | $18.3M | $6.8M | — | View 990 |
| 2021 | $3.5M | $3.9M | $13.4M | $6.1M | — | View 990 |
| 2020 | $7.7M | $9.0M | $11.7M | $4.0M | — | View 990 |
| 2019 | $11.5M | $10.1M | $15.1M | $6.3M | — | View 990 |
| 2018 | $10.5M | $8.7M | $13.3M | $5.8M | — | View 990 |
| 2017 | $8.1M | $7.6M | $10.3M | $4.7M | — | View 990 |
| 2016 | $7.8M | $7.7M | $11.0M | $5.9M | — | View 990 |
| 2015 | $7.2M | $7.1M | $6.9M | $2.0M | — | View 990 |
| 2014 | $5.5M | $5.8M | $7.1M | $2.3M | — | View 990 |
| 2013 | $5.6M | $5.5M | $6.8M | $1.7M | — | View 990 |
| 2012 | $5.8M | $5.5M | $9.8M | $4.9M | — | View 990 |
| 2011 | $4.9M | $5.1M | $6.2M | $1.6M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $15.0M, expenses of $11.6M, and assets of $25.0M (revenue +29.0% year-over-year).
- 2023: Revenue of $11.6M, expenses of $10.0M, and assets of $24.5M (revenue +4.6% year-over-year).
- 2022: Revenue of $11.1M, expenses of $6.9M, and assets of $18.3M (revenue +214.3% year-over-year).
- 2021: Revenue of $3.5M, expenses of $3.9M, and assets of $13.4M (revenue -54.0% year-over-year).
- 2020: Revenue of $7.7M, expenses of $9.0M, and assets of $11.7M (revenue -33.4% year-over-year).
- 2019: Revenue of $11.5M, expenses of $10.1M, and assets of $15.1M (revenue +9.2% year-over-year).
- 2018: Revenue of $10.5M, expenses of $8.7M, and assets of $13.3M (revenue +30.1% year-over-year).
- 2017: Revenue of $8.1M, expenses of $7.6M, and assets of $10.3M (revenue +3.3% year-over-year).
- 2016: Revenue of $7.8M, expenses of $7.7M, and assets of $11.0M (revenue +8.0% year-over-year).
- 2015: Revenue of $7.2M, expenses of $7.1M, and assets of $6.9M (revenue +31.3% year-over-year).
- 2014: Revenue of $5.5M, expenses of $5.8M, and assets of $7.1M (revenue -2.2% year-over-year).
- 2013: Revenue of $5.6M, expenses of $5.5M, and assets of $6.8M (revenue -2.8% year-over-year).
- 2012: Revenue of $5.8M, expenses of $5.5M, and assets of $9.8M (revenue +18.4% year-over-year).
- 2011: Revenue of $4.9M, expenses of $5.1M, and assets of $6.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for San Diego Theatres Inc:
Data Sources and Methodology
This transparency report for San Diego Theatres 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.