Artist Audience & Community Live Inc
Artist Audience & Community Live Inc operates with no executive compensation but faces fluctuating revenues and occasional deficits.
EIN: 205740370 · Fort Smith, AR · NTEE: A61 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $24K |
| Total Expenses | $28K |
| Program Spending | 85% |
| Net Assets | $10K |
| Transparency Score | 75/100 |
Is Artist Audience & Community Live Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Artist Audience & Community Live Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Artist Audience & Community Live Inc
Artist Audience & Community Live Inc (EIN: 205740370) is a nonprofit organization based in Fort Smith, AR, classified under NTEE code A61. The organization reported total revenue of $24K and total assets of $15K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Artist Audience & Community Live Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Artist Audience & Community Live Inc is a micro nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -19.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $22K |
| Total Expenses | $28K |
| Surplus / Deficit | $-6,358 |
| Total Assets | $10K |
| Net Assets | $10K |
| Operating Margin | -29.4% |
| Months of Reserves | 4.4 months |
Financial Health Grade: B
In 2023, Artist Audience & Community Live Inc reported a deficit of $6K with expenses exceeding revenue, holds 4.4 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Artist Audience & Community Live Inc's revenue has declined at a compound annual growth rate (CAGR) of -19.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -23.3% | +74.6% | -38.3% |
| 2021 | -100.0% | -78.7% | -27.9% |
| 2020 | -91.1% | -75.2% | -46.5% |
| 2019 | +3.1% | -0.9% | -16.4% |
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 Artist Audience & Community Live Inc with a Mission Score of 75 out of 100 (Good). 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, Artist Audience & Community Live Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of any size and suggests a volunteer-driven leadership model.
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 Artist Audience & Community Live Inc's IRS 990 filings:
- Expenses frequently exceed revenue (e.g., $28,006 expenses vs. $21,648 revenue in 2023)
- Significant revenue volatility, including a year with $0 revenue (2021)
Strengths
The following positive indicators were identified for Artist Audience & Community Live Inc:
- Consistently reports 0% officer compensation, indicating high efficiency in executive pay
- Maintains zero liabilities across all reported periods, demonstrating responsible debt management
- Consistent filing history (13 filings) indicates strong transparency and compliance
Frequently Asked Questions about Artist Audience & Community Live Inc
Is Artist Audience & Community Live Inc a legitimate charity?
Artist Audience & Community Live Inc (EIN: 205740370) is a registered tax-exempt nonprofit based in Arkansas. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $24K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Artist Audience & Community Live Inc spend its money?
Artist Audience & Community Live Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Artist Audience & Community Live Inc tax-deductible?
Artist Audience & Community Live Inc is registered as a tax-exempt nonprofit (EIN: 205740370). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Artist Audience & Community Live Inc's spending goes to programs?
Artist Audience & Community Live Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Artist Audience & Community Live Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Artist Audience & Community Live Inc is above average for NTEE category A61 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Artist Audience & Community Live Inc located?
Artist Audience & Community Live Inc is headquartered in Fort Smith, Arkansas and files with the IRS under EIN 205740370. It is classified under NTEE code A61.
How many years of IRS 990 filings does Artist Audience & Community Live Inc have?
Artist Audience & Community Live Inc has 13 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 $24K in total revenue.
Is Artist Audience & Community Live Inc a good charity?
Artist Audience & Community Live Inc demonstrates strong commitment to its mission by not paying executive compensation and maintaining zero liabilities. However, its financial stability is somewhat volatile, with expenses exceeding revenue in several periods, such as 2023 ($28,006 expenses vs. $21,648 revenue). Donors should consider its small scale and fluctuating financial performance.
How does the organization manage its finances given the revenue fluctuations?
The organization manages its finances by operating with no officer compensation and maintaining zero liabilities, suggesting a lean, volunteer-driven model. While revenue fluctuates significantly (e.g., $0 in 2021 vs. $30,145 in 2019), it has consistently maintained positive assets, such as $14,724 in the latest period, indicating some resilience despite occasional deficits.
What is the long-term sustainability of Artist Audience & Community Live Inc?
The long-term sustainability is a concern due to recurring periods where expenses exceed revenue (e.g., 2023, 2020, 2019). While the organization has maintained assets and avoided debt, consistent deficits could erode its financial reserves over time if not addressed by more stable revenue streams or tighter expense control.
Filing History
IRS 990 filing history for Artist Audience & Community Live Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Artist Audience & Community Live Inc's revenue has declined by 92.3%, moving from $280K to $22K. Total assets decreased by 99.3% over the same period, from $1.4M to $10K. Total functional expenses fell by 91.5%, from $329K to $28K. In its most recent filing year (2023), Artist Audience & Community Live Inc reported a deficit of $6K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $22K | $28K | $10K | $0 | — | — |
| 2022 | $28K | $16K | $17K | $0 | — | View 990 |
| 2021 | $0 | $2K | $4K | $0 | — | — |
| 2020 | $3K | $8K | $6K | $0 | — | — |
| 2019 | $30K | $32K | $11K | $0 | — | View 990 |
| 2018 | $29K | $33K | $14K | $0 | — | View 990 |
| 2017 | $36K | $32K | $17K | $0 | — | View 990 |
| 2016 | $34K | $31K | $13K | $0 | — | View 990 |
| 2015 | $41K | $37K | $10K | $0 | — | View 990 |
| 2014 | $29K | $34K | $7K | $0 | — | View 990 |
| 2013 | $32K | $23K | $13K | $0 | — | View 990 |
| 2012 | $-218,803 | $90K | $4K | $0 | — | View 990 |
| 2011 | $280K | $329K | $1.4M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $22K, expenses of $28K, and assets of $10K (revenue -23.3% year-over-year).
- 2022: Revenue of $28K, expenses of $16K, and assets of $17K.
- 2021: Revenue of $0, expenses of $2K, and assets of $4K (revenue -100.0% year-over-year).
- 2020: Revenue of $3K, expenses of $8K, and assets of $6K (revenue -91.1% year-over-year).
- 2019: Revenue of $30K, expenses of $32K, and assets of $11K (revenue +3.1% year-over-year).
- 2018: Revenue of $29K, expenses of $33K, and assets of $14K (revenue -18.4% year-over-year).
- 2017: Revenue of $36K, expenses of $32K, and assets of $17K (revenue +5.0% year-over-year).
- 2016: Revenue of $34K, expenses of $31K, and assets of $13K (revenue -15.9% year-over-year).
- 2015: Revenue of $41K, expenses of $37K, and assets of $10K (revenue +42.0% year-over-year).
- 2014: Revenue of $29K, expenses of $34K, and assets of $7K (revenue -9.4% year-over-year).
- 2013: Revenue of $32K, expenses of $23K, and assets of $13K.
- 2012: Revenue of $-218,803, expenses of $90K, and assets of $4K (revenue -178.1% year-over-year).
- 2011: Revenue of $280K, expenses of $329K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Artist Audience & Community Live Inc:
Data Sources and Methodology
This transparency report for Artist Audience & Community Live 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.