Quick charity verification for Cultural Arts Center Inc (EIN: 204298439)
Verdict: Cultural Arts Center Inc appears trustworthy
92/100Mission Score
$216KRevenue
$103KAssets
1Red Flags
4Strengths
Red Flags
Occasional operating deficits where expenses exceed revenue (e.g., $10,189 deficit in 202309, $13,421 deficit in 202209).
Strengths
Consistent 0% officer compensation across all filings, indicating high efficiency and dedication of funds to mission.
Low liabilities relative to assets, demonstrating good financial management.
Consistent IRS 990 filing history (13 filings), indicating strong transparency and compliance.
Stable revenue and asset base over a decade, suggesting resilience and consistent community support.
Spending Breakdown
How Cultural Arts Center Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Cultural Arts Center Inc
Is Cultural Arts Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cultural Arts Center Inc (EIN: 204298439) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
Is Cultural Arts Center Inc a good charity to donate to?
Cultural Arts Center Inc has a Mission Score of 92/100. Revenue: $216K. Assets: $103K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Cultural Arts Center Inc?
The Employer Identification Number (EIN) for Cultural Arts Center Inc is 204298439. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Cultural Arts Center Inc spend its money?
Cultural Arts Center Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Cultural Arts Center Inc's tax-exempt status?
You can verify Cultural Arts Center Inc's tax-exempt status using EIN 204298439 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Cultural Arts Center Inc demonstrates consistent financial activity, with revenues and expenses generally in the range of $175,000 to $235,000 over the past decade. The organization has maintained a relatively stable asset base, fluctuating between approximately $103,000 and $189,000. While the organization has experienced periods where expenses slightly exceeded revenue, such as in 202309 ($199,444 expenses vs. $189,255 revenue) and 202209 ($189,147 expenses vs. $175,726 revenue), these deficits appear manageable given its asset levels. The liabilities have remained low, indicating good financial control.
The organization's spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that a very high proportion of funds are directed towards program delivery and operational costs rather than executive salaries. The NTEE code A20 (Arts, Culture & Humanities) aligns with its name, indicating a clear mission focus. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to transparency.
Overall, Cultural Arts Center Inc appears to be a financially stable and efficiently run organization for its size, with a clear dedication to its mission as evidenced by its spending patterns and lack of executive compensation. Its consistent financial reporting further enhances its transparency.