Aim Arts In Mcnairy
Aim Arts In Mcnairy shows consistent revenue growth and strong asset accumulation with no liabilities and volunteer leadership.
EIN: 204216171 · Selmer, TN · NTEE: A60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $62K |
| Total Expenses | $163K |
| Program Spending | 85% |
| Net Assets | $50K |
| Transparency Score | 88/100 |
Is Aim Arts In Mcnairy Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Aim Arts In Mcnairy directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Aim Arts In Mcnairy
Aim Arts In Mcnairy (EIN: 204216171) is a nonprofit organization based in Selmer, TN, classified under NTEE code A60. The organization reported total revenue of $62K and total assets of $41K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aim Arts In Mcnairy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Aim Arts In Mcnairy is a micro nonprofit that has been operating for 19 years, with 5 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 16.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $179K |
| Total Expenses | $163K |
| Surplus / Deficit | +$16K |
| Total Assets | $50K |
| Net Assets | $50K |
| Operating Margin | 9.0% |
| Months of Reserves | 3.7 months |
Financial Health Grade: A
In 2024, Aim Arts In Mcnairy reported a surplus of $16K with revenue exceeding expenses, holds 3.7 months of operating reserves (adequate).
Financial Trends
Over 5 years of filings (2011–2024), Aim Arts In Mcnairy's revenue has grown at a compound annual growth rate (CAGR) of 16.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +15.8% | +9.9% | +47.4% |
| 2023 | +440.9% | +330.1% | +61.0% |
| 2020 | -51.9% | +45.8% | -57.4% |
| 2012 | +142.2% | +10.3% | +287.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Aim Arts In Mcnairy with a Mission Score of 88 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Aim Arts In Mcnairy allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $16K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating a volunteer-led structure which significantly reduces administrative costs and directs more funds towards its mission.
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 Aim Arts In Mcnairy:
- Consistent revenue growth, from $24,489 in 201112 to $178,602 in 202406.
- Strong asset accumulation, increasing from $12,715 in 201112 to $49,817 in 202406.
- Zero reported liabilities across all filings, indicating excellent financial stability.
- 0% officer compensation, suggesting a volunteer-driven model and efficient use of funds.
- Consistent financial surpluses in recent years, such as $16,016 in 202406 and $6,317 in 202306.
Frequently Asked Questions about Aim Arts In Mcnairy
Is Aim Arts In Mcnairy a legitimate charity?
Based on AI analysis of IRS 990 filings, Aim Arts In Mcnairy (EIN: 204216171) appears legitimate. Mission Score: 88/100. 0 red flags identified, 5 strengths noted.
How does Aim Arts In Mcnairy spend its money?
Aim Arts In Mcnairy directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Aim Arts In Mcnairy tax-deductible?
Aim Arts In Mcnairy is registered as a tax-exempt nonprofit (EIN: 204216171). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Aim Arts In Mcnairy's spending goes to programs?
Aim Arts In Mcnairy directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Aim Arts In Mcnairy compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Aim Arts In Mcnairy is above average for NTEE category A60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Aim Arts In Mcnairy located?
Aim Arts In Mcnairy is headquartered in Selmer, Tennessee and files with the IRS under EIN 204216171. It is classified under NTEE code A60.
How many years of IRS 990 filings does Aim Arts In Mcnairy have?
Aim Arts In Mcnairy has 5 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 $62K in total revenue.
Is Aim Arts In Mcnairy a good charity?
Based on the available financial data, Aim Arts In Mcnairy appears to be a good charity. It demonstrates strong financial health with growing revenues and assets, no liabilities, and a volunteer-led structure that minimizes overhead. The consistent surpluses suggest effective financial management.
How has Aim Arts In Mcnairy's financial health changed over time?
Aim Arts In Mcnairy's financial health has significantly improved over time. Revenue has grown from $24,489 in 201112 to $178,602 in 202406, and assets have increased from $12,715 to $49,817 in the same period. The organization has consistently maintained zero liabilities.
What is the organization's approach to executive compensation?
Aim Arts In Mcnairy operates with a volunteer leadership model, as indicated by 0% officer compensation reported in all available IRS 990 filings. This approach ensures that a greater proportion of funds can be allocated to program activities.
Filing History
IRS 990 filing history for Aim Arts In Mcnairy showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2024), Aim Arts In Mcnairy's revenue has grown by 629.3%, moving from $24K to $179K. Total assets increased by 291.8% over the same period, from $13K to $50K. Total functional expenses rose by 660.1%, from $21K to $163K. In its most recent filing year (2024), Aim Arts In Mcnairy reported a surplus of $16K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $179K | $163K | $50K | $0 | — | — |
| 2023 | $154K | $148K | $34K | $0 | — | View 990 |
| 2020 | $29K | $34K | $21K | $0 | — | View 990 |
| 2012 | $59K | $24K | $49K | $0 | — | View 990 |
| 2011 | $24K | $21K | $13K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $179K, expenses of $163K, and assets of $50K (revenue +15.8% year-over-year).
- 2023: Revenue of $154K, expenses of $148K, and assets of $34K (revenue +440.9% year-over-year).
- 2020: Revenue of $29K, expenses of $34K, and assets of $21K (revenue -51.9% year-over-year).
- 2012: Revenue of $59K, expenses of $24K, and assets of $49K (revenue +142.2% year-over-year).
- 2011: Revenue of $24K, expenses of $21K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Aim Arts In Mcnairy:
Data Sources and Methodology
This transparency report for Aim Arts In Mcnairy 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.