Art Klub Nola Inc
Art Klub Nola Inc reported minimal financial activity in its sole 2011 filing, with no recent revenue.
EIN: 208404524 · New Orleans, LA · NTEE: A25 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $8K |
| Program Spending | 75% |
| Net Assets | $849 |
| Transparency Score | 40/100 |
Is Art Klub Nola Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Art Klub Nola Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Art Klub Nola Inc
Art Klub Nola Inc (EIN: 208404524) is a nonprofit organization based in New Orleans, LA, classified under NTEE code A25. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Art Klub Nola Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Art Klub Nola Inc is a micro nonprofit that has been operating for 19 years.
Key Financial Metrics (2011)
From the most recent IRS 990 filing on record:
| Total Revenue | $10K |
| Total Expenses | $8K |
| Surplus / Deficit | +$2K |
| Total Assets | $7K |
| Total Liabilities | $6K |
| Net Assets | $849 |
| Operating Margin | 20.0% |
| Debt-to-Asset Ratio | 87.6% |
| Months of Reserves | 10.2 months |
Financial Health Grade: A
In 2011, Art Klub Nola Inc reported a surplus of $2K with revenue exceeding expenses, holds 10.2 months of operating reserves (strong position), has a debt-to-asset ratio of 87.6% (high leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Art Klub Nola Inc with a Mission Score of 40 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Art Klub Nola Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2011)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 87.6%.
Executive Compensation Analysis
No officer compensation was reported in the 2011 filing, which is appropriate for an organization with such minimal revenue and expenses.
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.
Red Flags
The following concerns were identified during AI analysis of Art Klub Nola Inc's IRS 990 filings:
- No recent financial filings available
- Reported $0 revenue and assets in latest data, suggesting inactivity
- Only one historical filing from 2011, limiting current financial insight
Strengths
The following positive indicators were identified for Art Klub Nola Inc:
- No officer compensation reported in 2011, indicating efficient use of limited funds for leadership costs
Frequently Asked Questions about Art Klub Nola Inc
Is Art Klub Nola Inc a legitimate charity?
Art Klub Nola Inc (EIN: 208404524) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 40/100. 3 red flags identified. 1 strength noted. Financial health grade: A.
How does Art Klub Nola Inc spend its money?
Art Klub Nola Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Art Klub Nola Inc tax-deductible?
Art Klub Nola Inc is registered as a tax-exempt nonprofit (EIN: 208404524). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Art Klub Nola Inc's spending goes to programs?
Art Klub Nola Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Art Klub Nola Inc compare to similar nonprofits?
With a transparency score of 40/100 (Fair), Art Klub Nola Inc is near average for NTEE category A25 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Art Klub Nola Inc located?
Art Klub Nola Inc is headquartered in New Orleans, Louisiana and files with the IRS under EIN 208404524. It is classified under NTEE code A25.
Is Art Klub Nola Inc still active?
Based on the provided data, the organization's latest revenue and assets are listed as $0, and the only available IRS 990 filing is from 2011. This strongly suggests the organization may no longer be active or is operating at an extremely minimal level.
What were Art Klub Nola Inc's primary expenses in 2011?
The 2011 filing shows total expenses of $8,047. Without a detailed breakdown of these expenses, it's difficult to pinpoint the primary categories, but given the NTEE code (A25 - Arts, Culture & Humanities), program-related expenses would likely be significant.
Filing History
IRS 990 filing history for Art Klub Nola Inc showing financial trends over 1 year of public records:
In its most recent filing year (2011), Art Klub Nola Inc reported a surplus of $2K, with revenue exceeding expenses. The organization holds $6K in liabilities against $7K in assets (debt-to-asset ratio: 87.6%), resulting in net assets of $849.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2011 | $10K | $8K | $7K | $6K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Art Klub Nola Inc:
Data Sources and Methodology
This transparency report for Art Klub Nola Inc 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.