Sioux Falls State Theatre Company
Sioux Falls State Theatre Company reports consistent operating deficits in recent years despite substantial asset growth.
EIN: 203473359 · Sioux Falls, SD · NTEE: A65 · Updated: 2026-03-28
Source Check Matrix
What Has Been Verified vs. What Needs Human Review
Identity resolved verified
Sioux Falls State Theatre Company is mapped to EIN 203473359.
IRS BMF exempt record needs review
Open IRS TEOS or BMF source before relying on exemption status.
IRS Pub 78 deductibility needs review
Pub 78 eligibility should be verified in IRS TEOS before money changes hands.
IRS automatic revocation needs review
Check the official auto-revocation bulk source or cached evidence before relying on current exemption.
IRS Form 990 index verified
13 stored filing years available.
Raw 990 source linked
Open ProPublica to verify the raw filing record and PDFs.
Filing depth verified
13 stored filing years available.
State charity registration manual confirmation
Open SD charity regulator via NASCO; the workflow stops for human confirmation unless a stable source is cached.
Candid / GuideStar profile api pending
Candid API access is not configured; open manually and do not count as verified evidence.
Charity Navigator rating api pending
Charity Navigator API access is not configured; open manually and do not count as verified evidence.
Source and Resolution Links
Finish the Investigation Outside Our Dataset
When the answer lives with the IRS, ProPublica, Candid, Charity Navigator, or the nonprofit itself, NonprofitSpending links out instead of trapping the user on a partial answer.
IRS tax-exempt lookup
Verify exemption status and deductibility directly with the IRS.
IRS bulk evidence downloads
Check Pub 78, automatic revocation, 990-N, and Form 990 bulk evidence sources.
IRS EO BMF extract
Open the official Business Master File extract source for tax-exempt organization records.
ProPublica 990 source
Open the raw filing record and filing PDFs outside NonprofitSpending.
SD charity regulator via NASCO
Confirm state charity registration or solicitation status where applicable.
Candid profile search
Look for GuideStar/Candid profile details, programs, leadership, and seals.
Charity Navigator search
Check whether another evaluator has ratings or impact context.
Workflow Engine
Queries We Should Resolve, Not Just Answer
Search Console demand points to task completion. Each workflow can run calculations, source checks, external lookups, comparisons, and report/export capture around this nonprofit.
Verify tax status Runnable
Triggered by: 501(c)(3), tax deductible, EIN
IRS status check plus source links
Verify official evidence Runnable
Triggered by: IRS Pub 78, BMF, revocation, 990 index, state registration
Official-source evidence matrix with human stops where a state portal must be checked.
Find source filings Runnable
Triggered by: 990 PDF, annual report, filing record
13 stored filing years plus ProPublica source
Crunch money signals Runnable
Triggered by: program expense ratio, CEO salary, revenue, grants
70% program spend, health grade B
Compare alternatives Runnable
Triggered by: best charities, similar nonprofits, compare
4 peer options surfaced
Resolve leadership and board Runnable
Triggered by: executive team, trustees, officer pay
Use 990 compensation disclosures and external profile links.
Donation decision copilot Runnable
Triggered by: should I donate, give or compare, charity safety
Eligibility, money signals, sources, peer context, and next action.
Grantmaker due diligence Runnable
Triggered by: foundation review, grant risk, grantee capacity
Foundation-style packet across filings, finances, governance, and gaps.
Impact evidence finder Runnable
Triggered by: outcomes, annual report, cost effectiveness
Separate actual impact evidence from raw 990 financial cleanliness.
Room for more funding Runnable
Triggered by: would my donation help, funding gap, marginal impact
Revenue trend, runway, surplus/deficit, and source follow-ups.
Operator transparency diagnostic Runnable
Triggered by: how does my nonprofit look to donors
Profile, filing, impact, and transparency improvements to earn trust.
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $980K |
| Program Spending | 70% |
| Net Assets | $8.0M |
| Transparency Score | 75/100 |
Search Intent Cockpit
Sioux Falls State Theatre Company Form 990, Revenue, CEO Pay, and IRS Filing Signals
Sioux Falls State Theatre Company is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Sioux Falls State Theatre Company in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $940K and expenses of $980K.
Revenue and Expenses
Sioux Falls State Theatre Company reported $940K in revenue and $980K in expenses, a deficit of $40K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
75/100 mission score, 2 red flags, and 3 strengths are shown from structured and AI review.
Is Sioux Falls State Theatre Company Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $686K (70%) |
Across stored filings, Sioux Falls State Theatre Company shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 70% to programs | Good |
| Financial durability | Grade B | 13 stored filing years |
| Peer context | Compare with River Of Life Community Church | South Dakota and Arts & Culture context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with River Of Life Community Church →All South Dakota nonprofits
All Arts & Culture
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Sioux Falls, SD nonprofitsArts & Culture in South Dakota
Arts & Culture in South Dakota
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Arts & Culture spending
Best Arts & Culture charities in South Dakota
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Alternative Shopping
Similar Nonprofits Donors Should Compare
Main Street Living Inc
Sioux Falls, SD · $331K revenue · Score 85/100
Compare side-by-sideMcintosh Volunteer Fire Department Ambulance Service Inc
Mc Intosh, SD · $0 revenue · Score 60/100
Compare side-by-sideEmergency Low Level Aerial Search And Surveillance Inc
Box Elder, SD · $25K revenue · Score 50/100
Compare side-by-sideRiver Of Life Community Church
Canton, SD · $0 revenue · Score 50/100
Compare side-by-sideBrowse the full Arts & Culture peer market in South Dakota →
Next Best Actions
Keep the Investigation Moving
Research Workflow
Turn this Form 990 profile into a donor-ready report
Request a concise report for Sioux Falls State Theatre Company with revenue, expenses, executive compensation, red flags, peer context, and IRS source links. You can also request CSV exports or watchlist updates for future filings.
Early access request only. Reports and exports are informational and based on public IRS records, not financial or legal advice.
Sioux Falls State Theatre Company directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Sioux Falls State Theatre Company
Sioux Falls State Theatre Company (EIN: 203473359) is a nonprofit organization based in Sioux Falls, SD, classified under NTEE code A65. The organization reported total revenue of $1.1M and total assets of $10.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sioux Falls State Theatre Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sioux Falls State Theatre Company is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $940K |
| Total Expenses | $980K |
| Surplus / Deficit | $-40,037 |
| Total Assets | $10.9M |
| Total Liabilities | $3.0M |
| Net Assets | $8.0M |
| Operating Margin | -4.3% |
| Debt-to-Asset Ratio | 27.3% |
| Months of Reserves | 134.0 months |
Financial Health Grade: B
In 2023, Sioux Falls State Theatre Company reported a deficit of $40K with expenses exceeding revenue, holds 134.0 months of operating reserves (strong position), has a debt-to-asset ratio of 27.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Sioux Falls State Theatre Company's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.7% | +8.4% | -1.9% |
| 2022 | +20.8% | +18.6% | +33.8% |
| 2021 | -44.9% | +196.4% | -0.2% |
| 2020 | -75.1% | +65.1% | +23.7% |
| 2019 | +2239.7% | -33.5% | +258.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
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 Sioux Falls State Theatre Company with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Sioux Falls State Theatre Company allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $40K, with expenses exceeding revenue.
- Debt-to-asset ratio: 27.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's officers are not compensated, which is a positive sign for donor confidence and resource allocation.
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 Sioux Falls State Theatre Company's IRS 990 filings:
- Consistent operating deficits in 2022 and 2023 (expenses exceeding revenue).
- Significant increase in liabilities from $273,295 in 2021 to $2,988,980 in 2023 without clear explanation in provided data.
Strengths
The following positive indicators were identified for Sioux Falls State Theatre Company:
- Substantial asset base ($10,858,366 in latest period).
- No reported officer compensation, indicating strong volunteer leadership or lean executive structure.
- Significant revenue spikes in 2019 ($5,030,489) and 2020 ($1,253,498) demonstrate capacity for large-scale fundraising or project execution.
Frequently Asked Questions about Sioux Falls State Theatre Company
Is Sioux Falls State Theatre Company a legitimate charity?
Sioux Falls State Theatre Company (EIN: 203473359) is a registered tax-exempt nonprofit based in South Dakota. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.1M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Sioux Falls State Theatre Company spend its money?
Sioux Falls State Theatre Company directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Sioux Falls State Theatre Company tax-deductible?
Sioux Falls State Theatre Company is registered as a tax-exempt nonprofit (EIN: 203473359). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Sioux Falls State Theatre Company's spending goes to programs?
Sioux Falls State Theatre Company directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Sioux Falls State Theatre Company compare to similar nonprofits?
With a transparency score of 75/100 (Good), Sioux Falls State Theatre Company is above average for NTEE category A65 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sioux Falls State Theatre Company located?
Sioux Falls State Theatre Company is headquartered in Sioux Falls, South Dakota and files with the IRS under EIN 203473359. It is classified under NTEE code A65.
How many years of IRS 990 filings does Sioux Falls State Theatre Company have?
Sioux Falls State Theatre Company 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 $1.1M in total revenue.
Is Sioux Falls State Theatre Company financially sustainable given recent operating deficits?
The organization has reported expenses exceeding revenue in 2023 ($980,275 vs $940,238) and 2022 ($904,068 vs $834,357). While it has significant assets ($10,858,366), this trend of operating deficits could impact long-term sustainability if not addressed.
What caused the significant increase in liabilities from 2021 to 2023?
Liabilities increased from $273,295 in 2021 to $2,988,980 in 2023. Understanding the nature of these liabilities (e.g., debt for capital projects, deferred revenue) is crucial for a complete financial assessment.
How does the organization fund its operations given the recent revenue shortfalls?
With expenses exceeding revenue in recent years, the organization likely relies on drawing from its substantial assets or prior year surpluses to cover operational costs. Further detail on funding sources would be beneficial.
Filing History
IRS 990 filing history for Sioux Falls State Theatre Company showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sioux Falls State Theatre Company's revenue has grown by 34.1%, moving from $701K to $940K. Total assets increased by 1041.8% over the same period, from $959K to $10.9M. Total functional expenses rose by 814.1%, from $107K to $980K. In its most recent filing year (2023), Sioux Falls State Theatre Company reported a deficit of $40K, with expenses exceeding revenue. The organization holds $3.0M in liabilities against $10.9M in assets (debt-to-asset ratio: 27.3%), resulting in net assets of $8.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $940K | $980K | $10.9M | $3.0M | — | — |
| 2022 | $834K | $904K | $11.2M | $3.2M | — | View 990 |
| 2021 | $690K | $762K | $8.3M | $273K | — | View 990 |
| 2020 | $1.3M | $257K | $8.4M | $214K | — | View 990 |
| 2019 | $5.0M | $156K | $6.8M | $151K | — | View 990 |
| 2018 | $215K | $234K | $1.9M | $157K | — | View 990 |
| 2017 | $212K | $143K | $1.9M | $166K | — | View 990 |
| 2016 | $238K | $106K | $2.0M | $284K | — | View 990 |
| 2015 | $110K | $80K | $1.8M | $290K | — | View 990 |
| 2014 | $171K | $104K | $1.8M | $309K | — | View 990 |
| 2013 | $389K | $117K | $1.5M | $66K | — | View 990 |
| 2012 | $454K | $130K | $1.3M | $103K | — | View 990 |
| 2011 | $701K | $107K | $959K | $105K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $940K, expenses of $980K, and assets of $10.9M (revenue +12.7% year-over-year).
- 2022: Revenue of $834K, expenses of $904K, and assets of $11.2M (revenue +20.8% year-over-year).
- 2021: Revenue of $690K, expenses of $762K, and assets of $8.3M (revenue -44.9% year-over-year).
- 2020: Revenue of $1.3M, expenses of $257K, and assets of $8.4M (revenue -75.1% year-over-year).
- 2019: Revenue of $5.0M, expenses of $156K, and assets of $6.8M (revenue +2239.7% year-over-year).
- 2018: Revenue of $215K, expenses of $234K, and assets of $1.9M (revenue +1.6% year-over-year).
- 2017: Revenue of $212K, expenses of $143K, and assets of $1.9M (revenue -11.2% year-over-year).
- 2016: Revenue of $238K, expenses of $106K, and assets of $2.0M (revenue +116.0% year-over-year).
- 2015: Revenue of $110K, expenses of $80K, and assets of $1.8M (revenue -35.6% year-over-year).
- 2014: Revenue of $171K, expenses of $104K, and assets of $1.8M (revenue -55.9% year-over-year).
- 2013: Revenue of $389K, expenses of $117K, and assets of $1.5M (revenue -14.4% year-over-year).
- 2012: Revenue of $454K, expenses of $130K, and assets of $1.3M (revenue -35.2% year-over-year).
- 2011: Revenue of $701K, expenses of $107K, and assets of $959K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sioux Falls State Theatre Company:
Data Sources and Methodology
This transparency report for Sioux Falls State Theatre Company 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.