Sandler Center For The Performing Arts Foundation
Sandler Center Foundation maintains stable finances with consistent revenue and no reported officer compensation.
EIN: 202409231 · Virginia Bch, VA · NTEE: A112 · Updated: 2026-03-28
Is Sandler Center For The Performing Arts Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sandler Center For The Performing Arts Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sandler Center For The Performing Arts Foundation
Sandler Center For The Performing Arts Foundation (EIN: 202409231) is a nonprofit organization based in Virginia Bch, VA, classified under NTEE code A112. The organization reported total revenue of $1.6M and total assets of $3.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sandler Center For The Performing Arts Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sandler Center For The Performing Arts Foundation is a mid-size nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -0.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $490K |
| Total Expenses | $482K |
| Surplus / Deficit | +$7K |
| Total Assets | $3.7M |
| Total Liabilities | $59K |
| Net Assets | $3.6M |
| Operating Margin | 1.5% |
| Debt-to-Asset Ratio | 1.6% |
| Months of Reserves | 91.9 months |
Financial Health Grade: A
In 2024, Sandler Center For The Performing Arts Foundation reported a surplus of $7K with revenue exceeding expenses, holds 91.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.6% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Sandler Center For The Performing Arts Foundation's revenue has declined at a compound annual growth rate (CAGR) of -0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +5.6% | +0.5% | +6.8% |
| 2023 | +7.9% | +7.2% | +5.7% |
| 2022 | +11.3% | +17.3% | -13.8% |
| 2021 | +10.1% | -23.0% | +19.0% |
| 2020 | -0.4% | -31.2% | -3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Sandler Center For The Performing Arts Foundation with a Mission Score of 88 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: 85%
- fundraising: 5%
According to IRS 990 filings, Sandler Center For The Performing Arts Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $7K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly efficient for a nonprofit of its size.
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.
Strengths
The following positive indicators were identified for Sandler Center For The Performing Arts Foundation:
- Consistent 0% officer compensation, indicating high efficiency in leadership costs.
- Steady growth in assets, demonstrating financial health and stability.
- Low liabilities relative to assets, suggesting strong financial management.
- Consistent revenue generation over multiple years.
Frequently Asked Questions about Sandler Center For The Performing Arts Foundation
Is Sandler Center For The Performing Arts Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Sandler Center For The Performing Arts Foundation (EIN: 202409231) appears legitimate. Mission Score: 88/100. 0 red flags identified, 4 strengths noted.
How does Sandler Center For The Performing Arts Foundation spend its money?
Sandler Center For The Performing Arts Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sandler Center For The Performing Arts Foundation tax-deductible?
Sandler Center For The Performing Arts Foundation is registered as a tax-exempt nonprofit (EIN: 202409231). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Sandler Center For The Performing Arts Foundation financially stable?
Yes, the foundation appears financially stable. Its assets have consistently grown, reaching $3,692,113 in 202406, and liabilities have remained low, indicating a healthy balance sheet.
How does the organization manage executive compensation?
The organization reports 0% officer compensation in all available filings, suggesting a highly efficient, likely volunteer-driven, executive structure.
Has the organization experienced significant revenue fluctuations?
While there are minor year-to-year variations, the revenue has generally remained stable, ranging from approximately $350,000 to $490,000 in recent periods, with the latest at $489,515.
Filing History
IRS 990 filing history for Sandler Center For The Performing Arts Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Sandler Center For The Performing Arts Foundation's revenue has declined by 9.5%, moving from $541K to $490K. Total assets decreased by 7.7% over the same period, from $4.0M to $3.7M. Total functional expenses fell by 50.4%, from $972K to $482K. In its most recent filing year (2024), Sandler Center For The Performing Arts Foundation reported a surplus of $7K, with revenue exceeding expenses. The organization holds $59K in liabilities against $3.7M in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $3.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $490K | $482K | $3.7M | $59K | — | — |
| 2023 | $464K | $480K | $3.5M | $8K | — | View 990 |
| 2022 | $430K | $448K | $3.3M | $14K | — | View 990 |
| 2021 | $386K | $382K | $3.8M | $102K | — | View 990 |
| 2020 | $350K | $496K | $3.2M | $51K | — | View 990 |
| 2019 | $352K | $720K | $3.3M | $18K | — | View 990 |
| 2018 | $492K | $707K | $3.5M | $12K | — | View 990 |
| 2017 | $362K | $517K | $3.6M | $7K | — | View 990 |
| 2016 | $339K | $544K | $3.5M | $16 | — | View 990 |
| 2015 | $358K | $298K | $3.6M | $4K | — | View 990 |
| 2014 | $385K | $236K | $3.5M | $2K | — | View 990 |
| 2013 | $341K | $202K | $3.2M | $0 | — | View 990 |
| 2012 | $523K | $1.3M | $3.1M | $105K | — | View 990 |
| 2011 | $541K | $972K | $4.0M | $203K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $490K, expenses of $482K, and assets of $3.7M (revenue +5.6% year-over-year).
- 2023: Revenue of $464K, expenses of $480K, and assets of $3.5M (revenue +7.9% year-over-year).
- 2022: Revenue of $430K, expenses of $448K, and assets of $3.3M (revenue +11.3% year-over-year).
- 2021: Revenue of $386K, expenses of $382K, and assets of $3.8M (revenue +10.1% year-over-year).
- 2020: Revenue of $350K, expenses of $496K, and assets of $3.2M (revenue -0.4% year-over-year).
- 2019: Revenue of $352K, expenses of $720K, and assets of $3.3M (revenue -28.5% year-over-year).
- 2018: Revenue of $492K, expenses of $707K, and assets of $3.5M (revenue +35.9% year-over-year).
- 2017: Revenue of $362K, expenses of $517K, and assets of $3.6M (revenue +7.0% year-over-year).
- 2016: Revenue of $339K, expenses of $544K, and assets of $3.5M (revenue -5.3% year-over-year).
- 2015: Revenue of $358K, expenses of $298K, and assets of $3.6M (revenue -7.1% year-over-year).
- 2014: Revenue of $385K, expenses of $236K, and assets of $3.5M (revenue +12.9% year-over-year).
- 2013: Revenue of $341K, expenses of $202K, and assets of $3.2M (revenue -34.8% year-over-year).
- 2012: Revenue of $523K, expenses of $1.3M, and assets of $3.1M (revenue -3.3% year-over-year).
- 2011: Revenue of $541K, expenses of $972K, and assets of $4.0M.
Data Sources and Methodology
This transparency report for Sandler Center For The Performing Arts 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.