Sioux City Community Theater
EIN: 426089353 · Sioux City, IA · NTEE: A65
| Metric | Value |
|---|---|
| Total Revenue | $150K |
| Total Expenses | $182K |
| Net Assets | $398K |
Is Sioux City Community Theater Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sioux City Community Theater
Sioux City Community Theater (EIN: 426089353) is a nonprofit organization based in Sioux City, IA, classified under NTEE code A65. The organization reported total revenue of $150K and total assets of $263K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sioux City Community Theater's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sioux City Community Theater is a small nonprofit that has been operating for 8 years, with 9 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -6.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $116K |
| Total Expenses | $182K |
| Surplus / Deficit | $-66,720 |
| Total Assets | $398K |
| Total Liabilities | $198 |
| Net Assets | $398K |
| Operating Margin | -57.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 26.2 months |
Financial Health Grade: B
In 2023, Sioux City Community Theater reported a deficit of $67K with expenses exceeding revenue, holds 26.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2012–2023), Sioux City Community Theater's revenue has declined at a compound annual growth rate (CAGR) of -6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -48.7% | -28.6% | -14.4% |
| 2022 | +147.1% | +124.3% | -6.1% |
| 2021 | -15.5% | -32.1% | -4.2% |
| 2020 | -38.8% | -28.8% | -13.7% |
| 2019 | -36.7% | -3.3% | -6.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sioux City Community 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 Sioux City Community 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $67K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Sioux City Community Theater
Is Sioux City Community Theater a legitimate charity?
Sioux City Community Theater (EIN: 426089353) is a registered tax-exempt nonprofit based in Iowa. It has 9 years of IRS 990 filings on record. Total revenue: $150K. No red flags identified. Financial health grade: B.
How does Sioux City Community Theater spend its money?
Sioux City Community Theater reported $150K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Sioux City Community Theater tax-deductible?
Sioux City Community Theater is registered as a tax-exempt nonprofit (EIN: 426089353). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sioux City Community Theater located?
Sioux City Community Theater is headquartered in Sioux City, Iowa and files with the IRS under EIN 426089353. It is classified under NTEE code A65.
How many years of IRS 990 filings does Sioux City Community Theater have?
Sioux City Community Theater has 9 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 $150K in total revenue.
Filing History
IRS 990 filing history for Sioux City Community Theater showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2023), Sioux City Community Theater's revenue has declined by 52.2%, moving from $242K to $116K. Total assets decreased by 24.4% over the same period, from $527K to $398K. Total functional expenses fell by 5.1%, from $192K to $182K. In its most recent filing year (2023), Sioux City Community Theater reported a deficit of $67K, with expenses exceeding revenue. The organization holds $198 in liabilities against $398K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $398K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $116K | $182K | $398K | $198 | — | — |
| 2022 | $226K | $255K | $465K | $230 | — | View 990 |
| 2021 | $91K | $114K | $495K | $875 | — | View 990 |
| 2020 | $108K | $168K | $517K | $0 | — | View 990 |
| 2019 | $177K | $236K | $599K | $22K | — | View 990 |
| 2018 | $279K | $244K | $640K | $5K | — | View 990 |
| 2017 | $170K | $206K | $740K | $79K | — | View 990 |
| 2016 | $283K | $277K | $754K | $56K | — | View 990 |
| 2012 | $242K | $192K | $527K | $89K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $116K, expenses of $182K, and assets of $398K (revenue -48.7% year-over-year).
- 2022: Revenue of $226K, expenses of $255K, and assets of $465K (revenue +147.1% year-over-year).
- 2021: Revenue of $91K, expenses of $114K, and assets of $495K (revenue -15.5% year-over-year).
- 2020: Revenue of $108K, expenses of $168K, and assets of $517K (revenue -38.8% year-over-year).
- 2019: Revenue of $177K, expenses of $236K, and assets of $599K (revenue -36.7% year-over-year).
- 2018: Revenue of $279K, expenses of $244K, and assets of $640K (revenue +64.1% year-over-year).
- 2017: Revenue of $170K, expenses of $206K, and assets of $740K (revenue -39.9% year-over-year).
- 2016: Revenue of $283K, expenses of $277K, and assets of $754K (revenue +16.6% year-over-year).
- 2012: Revenue of $242K, expenses of $192K, and assets of $527K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sioux City Community Theater:
Data Sources and Methodology
This transparency report for Sioux City Community 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.