Tickets For Kids Foundation

Tickets For Kids Foundation consistently directs 90% of expenses to programs with no officer compensation.

EIN: 20559825 · Pittsburgh, PA · NTEE: O50 · Updated: 2026-03-28

$7.8MRevenue

$441KAssets

92/100Mission Score (Excellent)

O50

About Tickets For Kids Foundation

Tickets For Kids Foundation (EIN: 20559825) is a nonprofit organization based in Pittsburgh, PA, classified under NTEE code O50. The organization reported total revenue of $7.8M and total assets of $441K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tickets For Kids Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Tickets For Kids Foundation demonstrates a consistent commitment to its mission of providing access to events for underprivileged children, as evidenced by its program-focused spending. Over the past decade, the organization has maintained a strong program spending ratio, with 90% of its expenses in the latest filing period (202312) directly allocated to program services. This indicates efficient use of donor funds towards its charitable purpose.

Financially, the organization has experienced significant fluctuations in revenue and expenses, with revenue peaking at $7,583,952 in 2017 and reaching $7,203,179 in 2023. While expenses have generally tracked revenue, the organization has occasionally operated with a slight deficit, such as in 2023 where expenses ($7,411,125) exceeded revenue ($7,203,179). However, its asset base has shown growth over time, reaching $670,821 in 2023, providing some financial stability. The consistent reporting of 0% officer compensation across all filings is a strong indicator of transparency and a focus on directing resources to programs rather than executive salaries.

Overall, Tickets For Kids Foundation appears to be a financially healthy and transparent organization, effectively channeling resources to its programs. While minor operational deficits have occurred, they do not appear to threaten the organization's long-term viability given its asset base and consistent revenue generation. The absence of executive compensation further enhances its transparency and commitment to its mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Tickets For Kids Foundation with a Mission Score of 92 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: 7%
programs: 90%
fundraising: 3%

According to IRS 990 filings, Tickets For Kids Foundation allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly commendable for a nonprofit of its size with revenues often exceeding $5 million.

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 Tickets For Kids Foundation:

High program spending ratio (90% in 2023)
0% officer compensation reported across all filings
Consistent revenue generation, often exceeding $5 million annually
Healthy asset-to-liability ratio
Strong commitment to transparency regarding executive pay

Frequently Asked Questions about Tickets For Kids Foundation

Is Tickets For Kids Foundation a good charity?

Based on its financial filings, Tickets For Kids Foundation appears to be a very good charity. It consistently allocates a high percentage of its expenses (90% in 2023) directly to program services and reports 0% officer compensation, demonstrating a strong commitment to its mission and efficient use of funds.

How has the organization's revenue trended over time?

The organization's revenue has shown significant fluctuations, ranging from a low of $1,769,467 in 2020 to highs of over $7 million in multiple years (e.g., $7,583,952 in 2017, $7,496,053 in 2019, and $7,203,179 in 2023). This indicates a variable but generally strong fundraising capacity.

Does Tickets For Kids Foundation have sufficient assets?

With assets of $670,821 and liabilities of $127,830 in 2023, the organization maintains a healthy asset-to-liability ratio. While not holding a massive reserve, its assets appear sufficient to cover short-term obligations and provide some operational buffer.

Filing History

IRS 990 filing history for Tickets For Kids Foundation showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Tickets For Kids Foundation's revenue has grown by 113.1%, moving from $3.4M to $7.2M. Total assets increased by 125.9% over the same period, from $297K to $671K. Total functional expenses rose by 118.1%, from $3.4M to $7.4M. In its most recent filing year (2023), Tickets For Kids Foundation reported a deficit of $208K, with expenses exceeding revenue. The organization holds $128K in liabilities against $671K in assets (debt-to-asset ratio: 19.1%), resulting in net assets of $543K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$7.2M	$7.4M	$671K	$128K	—	—
2022	$5.8M	$5.7M	$832K	$81K	—	View 990
2021	$2.9M	$2.7M	$771K	$50K	—	View 990
2020	$1.8M	$1.8M	$564K	$52K	—	View 990
2019	$7.5M	$7.2M	$661K	$131K	—	View 990
2018	$7.5M	$7.6M	$241K	$60K	—	View 990
2017	$7.6M	$7.7M	$340K	$52K	—	View 990
2016	$6.1M	$6.0M	$476K	$72K	—	View 990
2015	$4.2M	$4.0M	$302K	$36K	—	View 990
2014	$5.5M	$5.6M	$211K	$109K	—	View 990
2013	$3.4M	$3.4M	$163K	$17K	—	View 990
2012	$4.0M	$4.0M	$249K	$36K	—	View 990
2011	$3.4M	$3.4M	$297K	$48K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $7.2M, expenses of $7.4M, and assets of $671K (revenue +24.8% year-over-year).
2022: Revenue of $5.8M, expenses of $5.7M, and assets of $832K (revenue +100.5% year-over-year).
2021: Revenue of $2.9M, expenses of $2.7M, and assets of $771K (revenue +62.7% year-over-year).
2020: Revenue of $1.8M, expenses of $1.8M, and assets of $564K (revenue -76.4% year-over-year).
2019: Revenue of $7.5M, expenses of $7.2M, and assets of $661K (revenue +0.2% year-over-year).
2018: Revenue of $7.5M, expenses of $7.6M, and assets of $241K (revenue -1.3% year-over-year).
2017: Revenue of $7.6M, expenses of $7.7M, and assets of $340K (revenue +24.6% year-over-year).
2016: Revenue of $6.1M, expenses of $6.0M, and assets of $476K (revenue +45.5% year-over-year).
2015: Revenue of $4.2M, expenses of $4.0M, and assets of $302K (revenue -24.3% year-over-year).
2014: Revenue of $5.5M, expenses of $5.6M, and assets of $211K (revenue +63.9% year-over-year).
2013: Revenue of $3.4M, expenses of $3.4M, and assets of $163K (revenue -15.8% year-over-year).
2012: Revenue of $4.0M, expenses of $4.0M, and assets of $249K (revenue +18.4% year-over-year).
2011: Revenue of $3.4M, expenses of $3.4M, and assets of $297K.

Data Sources and Methodology

This transparency report for Tickets For Kids 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.