Lotus Project Inc

Nonprofit profile at a glance

EIN
933981465
IRS 990-EZ coverage
2023–2025
Forms available
Form 990-EZ 2025
Location
Charlotte, NC, USA
Rating
48
Verdict
MIXED
Rating confidence
Moderate
Sector
Arts Education

Reported finances

Revenue
$150,080
Expenses
$148,793
Assets
$21,881

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Kayla Piscatelli (Vice President)
  • Susan Cherin (President)

People named in this filing

  • Teri Miller (Director)
  • Vanessa Robinson (Director)
  • Danielle Schandez (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To carry on one or more exempt functions of a non-profit association under the Internal Revenue Code of 1986 including those activities related to the production curation and presentation of live theatre plays and musicals as well as artistic classes camps workshops and programs for citizens in Mecklenburg County North Carolina.

What it reported doing in 2025

Summer Intensive 2025. 7 weeks of summer performance camps were provided for ages 5-21. Scholarships were awarded to 13 families and 3 full musical productions were produced: Peter Pan Jr. Disneys Alice in Wonderland Jr. and A Chorus Line. There were approximately 900 tickets sold between the three different shows.

Operating model

Revenue model
Earned-program. 75% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 18
  • Transparency & Controls: 82
  • Sustainability: 21
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 18.4%; rating input score 18
  • Program expense ratio: 18.5%; rating input score 19

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 0.9%; rating input score 34; 34th percentile among comparable filings
  • Total-asset coverage ratio: 0.15; rating input score 15; 15th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 59.2%; rating input score 3; 3rd percentile among comparable filings

Growth

  • Program expense growth: 57.6% per year; rating input score 100; 92nd percentile among comparable filings
  • Revenue growth: 69.6% per year; rating input score 100; 97th percentile among comparable filings
  • Asset growth: 20.4% per year; rating input score 100; 78th percentile among comparable filings

Details

  • Where the money goes: 18.4% of revenue deployed · 18.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $28K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2023 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 18/100.
  • High — Financial Efficiency: Program expense ratio scored 19/100.
  • Moderate — Sustainability: Operating margin scored 34/100.
  • High — Sustainability: Total-asset coverage ratio scored 15/100.
  • High — Sustainability: Officer compensation ratio scored 3/100.