Acansa Arts Festival
EIN: 461594961 · North Little Rock, AR · NTEE: A99
| Metric | Value |
|---|---|
| Total Revenue | $317K |
| Total Expenses | $248K |
| Net Assets | $83K |
Is Acansa Arts Festival Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Acansa Arts Festival
Acansa Arts Festival (EIN: 461594961) is a nonprofit organization based in North Little Rock, AR, classified under NTEE code A99. The organization reported total revenue of $317K and total assets of $144K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Acansa Arts Festival's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Acansa Arts Festival is a small nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of -6.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $258K |
| Total Expenses | $248K |
| Surplus / Deficit | +$10K |
| Total Assets | $84K |
| Total Liabilities | $1K |
| Net Assets | $83K |
| Operating Margin | 3.8% |
| Debt-to-Asset Ratio | 1.5% |
| Months of Reserves | 4.1 months |
Financial Health Grade: A
In 2023, Acansa Arts Festival reported a surplus of $10K with revenue exceeding expenses, holds 4.1 months of operating reserves (adequate), has a debt-to-asset ratio of 1.5% (very low leverage).
Financial Trends
Over 10 years of filings (2014–2023), Acansa Arts Festival's revenue has declined at a compound annual growth rate (CAGR) of -6.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.7% | -36.9% | +6.6% |
| 2022 | -19.0% | +148.9% | -68.0% |
| 2021 | +65.4% | -2.3% | +159.2% |
| 2020 | -59.1% | -60.9% | +46.3% |
| 2019 | +19.2% | +6.1% | +131.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1230 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Acansa Arts Festival 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 Acansa Arts Festival 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 surplus of $10K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.5%.
Frequently Asked Questions about Acansa Arts Festival
Is Acansa Arts Festival a legitimate charity?
Based on AI analysis of IRS 990 filings, Acansa Arts Festival (EIN: 461594961) insufficient data. 0 red flags identified, 0 strengths noted.
How does Acansa Arts Festival spend its money?
Detailed spending breakdown data is not yet available for Acansa Arts Festival. Check back for updated IRS 990 analysis.
Are donations to Acansa Arts Festival tax-deductible?
Acansa Arts Festival is registered as a tax-exempt nonprofit (EIN: 461594961). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Acansa Arts Festival located?
Acansa Arts Festival is headquartered in North Little Rock, Arkansas and files with the IRS under EIN 461594961. It is classified under NTEE code A99.
How many years of IRS 990 filings does Acansa Arts Festival have?
Acansa Arts Festival has 10 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 $317K in total revenue.
Filing History
IRS 990 filing history for Acansa Arts Festival showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Acansa Arts Festival's revenue has declined by 47.5%, moving from $492K to $258K. Total assets decreased by 32.4% over the same period, from $125K to $84K. Total functional expenses fell by 42.2%, from $429K to $248K. In its most recent filing year (2023), Acansa Arts Festival reported a surplus of $10K, with revenue exceeding expenses. The organization holds $1K in liabilities against $84K in assets (debt-to-asset ratio: 1.5%), resulting in net assets of $83K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $258K | $248K | $84K | $1K | — | — |
| 2022 | $246K | $393K | $79K | $6K | — | — |
| 2021 | $304K | $158K | $247K | $24K | — | View 990 |
| 2020 | $184K | $162K | $95K | $22K | — | — |
| 2019 | $450K | $414K | $65K | $14K | — | View 990 |
| 2018 | $378K | $390K | $28K | $14K | — | View 990 |
| 2017 | $323K | $340K | $28K | $741 | — | View 990 |
| 2016 | $358K | $406K | $46K | $1K | — | View 990 |
| 2015 | $452K | $484K | $93K | $418 | — | View 990 |
| 2014 | $492K | $429K | $125K | $796 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $258K, expenses of $248K, and assets of $84K (revenue +4.7% year-over-year).
- 2022: Revenue of $246K, expenses of $393K, and assets of $79K (revenue -19.0% year-over-year).
- 2021: Revenue of $304K, expenses of $158K, and assets of $247K (revenue +65.4% year-over-year).
- 2020: Revenue of $184K, expenses of $162K, and assets of $95K (revenue -59.1% year-over-year).
- 2019: Revenue of $450K, expenses of $414K, and assets of $65K (revenue +19.2% year-over-year).
- 2018: Revenue of $378K, expenses of $390K, and assets of $28K (revenue +17.1% year-over-year).
- 2017: Revenue of $323K, expenses of $340K, and assets of $28K (revenue -9.9% year-over-year).
- 2016: Revenue of $358K, expenses of $406K, and assets of $46K (revenue -20.8% year-over-year).
- 2015: Revenue of $452K, expenses of $484K, and assets of $93K (revenue -8.1% year-over-year).
- 2014: Revenue of $492K, expenses of $429K, and assets of $125K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Acansa Arts Festival:
Data Sources and Methodology
This transparency report for Acansa Arts Festival 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.