Nonprofit screen
Screen a listKorsa Musical Theater
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Registered
- Charity type
- 509(a)(2)
$663krevenue
FY2025 · +23% in 3 yrs8staff
6 of 6years filed
’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin−3.9%
Months of reserve2.9mo
Revenue growth (annualized)+11.7%
Middle half of peersMedianKorsa Musical Theater
Where the money goes FY2025 · $689k spent
Programs$561k81%Management and general$103k15%Fundraising$25k4%990 FY2025 · Part IX line 25
Worth checking1
Deficits in 3 of the last 3 years
−$11k in FY2023, −$103k in FY2024 and −$26k in FY2025. Cash covers 2.9 months, under the peer median of 5.6.
990 Part I and balance sheetIn its favor2
Growing faster than peers
Revenue up 12% a year since FY2020, faster than half of similar nonprofits.
990 Part I · peer cohortA history of government grants
Government grants on 3 of its 6 returns, 2% of revenue in FY2025.
990 Part VIII10funders
$79ka year, last 3 years
50%from its largest funder
Funder’17’18’19’20’21’22’23Miranda Lux FoundationOn and off$5k$5k$10k$15kThe Sam Mazza FoundationOn and off$3k$5k$10k$13kAmerican Eagle Outfitters FoundationStopped after FY2020$5k$5k–Donor-advised giftsDonors not disclosed$12k$20k$30k$62k$25k$130k$36k
FundedThrough a donor-advised fundStopped