The Winterset Iowa Theater
EIN: 813112413 · Winterset, IA · NTEE: A65
| Metric | Value |
|---|---|
| Total Revenue | $355K |
| Total Expenses | $192K |
| Net Assets | $432K |
Is The Winterset Iowa Theater Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Winterset Iowa Theater
The Winterset Iowa Theater (EIN: 813112413) is a nonprofit organization based in Winterset, IA, classified under NTEE code A65. The organization reported total revenue of $355K and total assets of $863K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Winterset Iowa Theater's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Winterset Iowa Theater is a small nonprofit that has been operating for 9 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 25.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $167K |
| Total Expenses | $192K |
| Surplus / Deficit | $-24,452 |
| Total Assets | $759K |
| Total Liabilities | $327K |
| Net Assets | $432K |
| Operating Margin | -14.6% |
| Debt-to-Asset Ratio | 43.1% |
| Months of Reserves | 47.5 months |
Financial Health Grade: B
In 2023, The Winterset Iowa Theater reported a deficit of $24K with expenses exceeding revenue, holds 47.5 months of operating reserves (strong position), has a debt-to-asset ratio of 43.1% (moderate leverage).
Financial Trends
Over 8 years of filings (2016–2023), The Winterset Iowa Theater's revenue has grown at a compound annual growth rate (CAGR) of 25.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.2% | +12.4% | -5.4% |
| 2022 | -32.8% | +11.0% | -10.0% |
| 2021 | +58.1% | +16.0% | -1.3% |
| 2020 | -17.9% | -25.0% | +4.4% |
| 2019 | -52.1% | -15.2% | -6.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Winterset Iowa 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 The Winterset Iowa 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 $24K, with expenses exceeding revenue.
- Debt-to-asset ratio: 43.1%.
Frequently Asked Questions about The Winterset Iowa Theater
Is The Winterset Iowa Theater a legitimate charity?
Based on AI analysis of IRS 990 filings, The Winterset Iowa Theater (EIN: 813112413) insufficient data. 0 red flags identified, 0 strengths noted.
How does The Winterset Iowa Theater spend its money?
Detailed spending breakdown data is not yet available for The Winterset Iowa Theater. Check back for updated IRS 990 analysis.
Are donations to The Winterset Iowa Theater tax-deductible?
The Winterset Iowa Theater is registered as a tax-exempt nonprofit (EIN: 813112413). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Winterset Iowa Theater located?
The Winterset Iowa Theater is headquartered in Winterset, Iowa and files with the IRS under EIN 813112413. It is classified under NTEE code A65.
How many years of IRS 990 filings does The Winterset Iowa Theater have?
The Winterset Iowa Theater has 8 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 $355K in total revenue.
Filing History
IRS 990 filing history for The Winterset Iowa Theater showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), The Winterset Iowa Theater's revenue has grown by 389.2%, moving from $34K to $167K. Total assets increased by 17749.5% over the same period, from $4K to $759K. Total functional expenses rose by 422.1%, from $37K to $192K. In its most recent filing year (2023), The Winterset Iowa Theater reported a deficit of $24K, with expenses exceeding revenue. The organization holds $327K in liabilities against $759K in assets (debt-to-asset ratio: 43.1%), resulting in net assets of $432K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $167K | $192K | $759K | $327K | — | — |
| 2022 | $135K | $171K | $802K | $346K | — | — |
| 2021 | $200K | $154K | $891K | $399K | — | View 990 |
| 2020 | $127K | $133K | $903K | $458K | — | — |
| 2019 | $154K | $177K | $866K | $414K | — | View 990 |
| 2018 | $322K | $208K | $929K | $456K | — | View 990 |
| 2017 | $554K | $192K | $833K | $474K | — | View 990 |
| 2016 | $34K | $37K | $4K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $167K, expenses of $192K, and assets of $759K (revenue +24.2% year-over-year).
- 2022: Revenue of $135K, expenses of $171K, and assets of $802K (revenue -32.8% year-over-year).
- 2021: Revenue of $200K, expenses of $154K, and assets of $891K (revenue +58.1% year-over-year).
- 2020: Revenue of $127K, expenses of $133K, and assets of $903K (revenue -17.9% year-over-year).
- 2019: Revenue of $154K, expenses of $177K, and assets of $866K (revenue -52.1% year-over-year).
- 2018: Revenue of $322K, expenses of $208K, and assets of $929K (revenue -41.9% year-over-year).
- 2017: Revenue of $554K, expenses of $192K, and assets of $833K (revenue +1520.8% year-over-year).
- 2016: Revenue of $34K, expenses of $37K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Winterset Iowa Theater:
Data Sources and Methodology
This transparency report for The Winterset Iowa 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.