The Grand Theatre Foundation Inc
EIN: 870670255 · Salt Lake City, UT · NTEE: A60
| Metric | Value |
|---|---|
| Total Revenue | $799K |
| Total Expenses | $1.1M |
| Net Assets | $436K |
Is The Grand Theatre Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Grand Theatre Foundation Inc
The Grand Theatre Foundation Inc (EIN: 870670255) is a nonprofit organization based in Salt Lake City, UT, classified under NTEE code A60. The organization reported total revenue of $799K and total assets of $524K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Grand Theatre Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Grand Theatre Foundation Inc is a small nonprofit that has been operating for 25 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $860K |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-216,172 |
| Total Assets | $460K |
| Total Liabilities | $23K |
| Net Assets | $436K |
| Operating Margin | -25.1% |
| Debt-to-Asset Ratio | 5.1% |
| Months of Reserves | 5.1 months |
Financial Health Grade: B
In 2023, The Grand Theatre Foundation Inc reported a deficit of $216K with expenses exceeding revenue, holds 5.1 months of operating reserves (adequate), has a debt-to-asset ratio of 5.1% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), The Grand Theatre Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.9% | +22.1% | -31.5% |
| 2022 | -5.9% | +86.7% | -16.6% |
| 2021 | +24.9% | -38.1% | +77.7% |
| 2020 | +3.9% | +16.4% | +41.2% |
| 2018 | -16.4% | -6.4% | +2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Grand Theatre Foundation Inc 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 The Grand Theatre Foundation Inc 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 $216K, with expenses exceeding revenue.
- Debt-to-asset ratio: 5.1%.
Frequently Asked Questions about The Grand Theatre Foundation Inc
Is The Grand Theatre Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Grand Theatre Foundation Inc (EIN: 870670255) insufficient data. 0 red flags identified, 0 strengths noted.
How does The Grand Theatre Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for The Grand Theatre Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to The Grand Theatre Foundation Inc tax-deductible?
The Grand Theatre Foundation Inc is registered as a tax-exempt nonprofit (EIN: 870670255). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Grand Theatre Foundation Inc located?
The Grand Theatre Foundation Inc is headquartered in Salt Lake City, Utah and files with the IRS under EIN 870670255. It is classified under NTEE code A60.
How many years of IRS 990 filings does The Grand Theatre Foundation Inc have?
The Grand Theatre Foundation Inc has 12 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 $799K in total revenue.
Filing History
IRS 990 filing history for The Grand Theatre Foundation Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), The Grand Theatre Foundation Inc's revenue has grown by 23.8%, moving from $694K to $860K. Total assets increased by 139% over the same period, from $192K to $460K. Total functional expenses rose by 56.3%, from $689K to $1.1M. In its most recent filing year (2023), The Grand Theatre Foundation Inc reported a deficit of $216K, with expenses exceeding revenue. The organization holds $23K in liabilities against $460K in assets (debt-to-asset ratio: 5.1%), resulting in net assets of $436K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $860K | $1.1M | $460K | $23K | — | — |
| 2022 | $768K | $881K | $671K | $29K | — | View 990 |
| 2021 | $816K | $472K | $805K | $26K | — | View 990 |
| 2020 | $653K | $762K | $453K | $43K | — | View 990 |
| 2018 | $629K | $655K | $321K | $54K | — | View 990 |
| 2017 | $753K | $700K | $314K | $30K | — | View 990 |
| 2016 | $668K | $664K | $242K | $21K | — | View 990 |
| 2015 | $565K | $515K | $262K | $45K | — | View 990 |
| 2014 | $454K | $547K | $174K | $8K | — | View 990 |
| 2013 | $667K | $623K | $271K | $24K | — | View 990 |
| 2012 | $705K | $675K | $219K | $24K | — | View 990 |
| 2011 | $694K | $689K | $192K | $27K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $860K, expenses of $1.1M, and assets of $460K (revenue +11.9% year-over-year).
- 2022: Revenue of $768K, expenses of $881K, and assets of $671K (revenue -5.9% year-over-year).
- 2021: Revenue of $816K, expenses of $472K, and assets of $805K (revenue +24.9% year-over-year).
- 2020: Revenue of $653K, expenses of $762K, and assets of $453K (revenue +3.9% year-over-year).
- 2018: Revenue of $629K, expenses of $655K, and assets of $321K (revenue -16.4% year-over-year).
- 2017: Revenue of $753K, expenses of $700K, and assets of $314K (revenue +12.7% year-over-year).
- 2016: Revenue of $668K, expenses of $664K, and assets of $242K (revenue +18.2% year-over-year).
- 2015: Revenue of $565K, expenses of $515K, and assets of $262K (revenue +24.5% year-over-year).
- 2014: Revenue of $454K, expenses of $547K, and assets of $174K (revenue -32.0% year-over-year).
- 2013: Revenue of $667K, expenses of $623K, and assets of $271K (revenue -5.3% year-over-year).
- 2012: Revenue of $705K, expenses of $675K, and assets of $219K (revenue +1.5% year-over-year).
- 2011: Revenue of $694K, expenses of $689K, and assets of $192K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Grand Theatre Foundation Inc:
Data Sources and Methodology
This transparency report for The Grand Theatre Foundation 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.