Arts And Culture Alliance Of Greater Knoxville
EIN: 620962249 · Knoxville, TN · NTEE: A26Z
| Metric | Value |
|---|---|
| Total Revenue | $4.3M |
| Total Expenses | $2.5M |
| Net Assets | $342K |
Is Arts And Culture Alliance Of Greater Knoxville Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Arts And Culture Alliance Of Greater Knoxville
Arts And Culture Alliance Of Greater Knoxville (EIN: 620962249) is a nonprofit organization based in Knoxville, TN, classified under NTEE code A26Z. The organization reported total revenue of $4.3M and total assets of $3.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Arts And Culture Alliance Of Greater Knoxville's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Arts And Culture Alliance Of Greater Knoxville is a mid-size nonprofit that has been operating for 50 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 16.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $2.5M |
| Surplus / Deficit | $-112,631 |
| Total Assets | $970K |
| Total Liabilities | $628K |
| Net Assets | $342K |
| Operating Margin | -4.7% |
| Debt-to-Asset Ratio | 64.7% |
| Months of Reserves | 4.7 months |
Financial Health Grade: C
In 2023, Arts And Culture Alliance Of Greater Knoxville reported a deficit of $113K with expenses exceeding revenue, holds 4.7 months of operating reserves (adequate), has a debt-to-asset ratio of 64.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Arts And Culture Alliance Of Greater Knoxville's revenue has grown at a compound annual growth rate (CAGR) of 16.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +115.6% | +149.1% | -19.1% |
| 2022 | +21.7% | +21.5% | +142.4% |
| 2021 | +9.6% | -1.6% | +22.3% |
| 2020 | -5.3% | -2.1% | +16.2% |
| 2019 | -11.3% | +5.8% | +4.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1976 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Arts And Culture Alliance Of Greater Knoxville 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 Arts And Culture Alliance Of Greater Knoxville 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 deficit of $113K, with expenses exceeding revenue.
- Debt-to-asset ratio: 64.7%.
Frequently Asked Questions about Arts And Culture Alliance Of Greater Knoxville
Is Arts And Culture Alliance Of Greater Knoxville a legitimate charity?
Arts And Culture Alliance Of Greater Knoxville (EIN: 620962249) is a registered tax-exempt nonprofit based in Tennessee. It has 13 years of IRS 990 filings on record. Total revenue: $4.3M. No red flags identified. Financial health grade: C.
How does Arts And Culture Alliance Of Greater Knoxville spend its money?
Arts And Culture Alliance Of Greater Knoxville reported $4.3M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Arts And Culture Alliance Of Greater Knoxville tax-deductible?
Arts And Culture Alliance Of Greater Knoxville is registered as a tax-exempt nonprofit (EIN: 620962249). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Arts And Culture Alliance Of Greater Knoxville located?
Arts And Culture Alliance Of Greater Knoxville is headquartered in Knoxville, Tennessee and files with the IRS under EIN 620962249. It is classified under NTEE code A26Z.
How many years of IRS 990 filings does Arts And Culture Alliance Of Greater Knoxville have?
Arts And Culture Alliance Of Greater Knoxville 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 $4.3M in total revenue.
Filing History
IRS 990 filing history for Arts And Culture Alliance Of Greater Knoxville showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Arts And Culture Alliance Of Greater Knoxville's revenue has grown by 491.3%, moving from $404K to $2.4M. Total assets increased by 401.1% over the same period, from $194K to $970K. Total functional expenses rose by 763.1%, from $290K to $2.5M. In its most recent filing year (2023), Arts And Culture Alliance Of Greater Knoxville reported a deficit of $113K, with expenses exceeding revenue. The organization holds $628K in liabilities against $970K in assets (debt-to-asset ratio: 64.7%), resulting in net assets of $342K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $2.5M | $970K | $628K | — | View 990 |
| 2022 | $1.1M | $1.0M | $1.2M | $721K | — | View 990 |
| 2021 | $911K | $827K | $495K | $120K | — | — |
| 2020 | $831K | $840K | $405K | $113K | — | View 990 |
| 2019 | $877K | $858K | $348K | $47K | — | View 990 |
| 2018 | $989K | $812K | $333K | $50K | — | View 990 |
| 2017 | $768K | $770K | $284K | $179K | — | View 990 |
| 2016 | $748K | $716K | $195K | $88K | — | View 990 |
| 2015 | $719K | $750K | $156K | $81K | — | View 990 |
| 2014 | $886K | $838K | $150K | $44K | — | View 990 |
| 2013 | $726K | $825K | $137K | $80K | — | View 990 |
| 2012 | $377K | $383K | $191K | $35K | — | View 990 |
| 2011 | $404K | $290K | $194K | $31K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $2.5M, and assets of $970K (revenue +115.6% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.0M, and assets of $1.2M (revenue +21.7% year-over-year).
- 2021: Revenue of $911K, expenses of $827K, and assets of $495K (revenue +9.6% year-over-year).
- 2020: Revenue of $831K, expenses of $840K, and assets of $405K (revenue -5.3% year-over-year).
- 2019: Revenue of $877K, expenses of $858K, and assets of $348K (revenue -11.3% year-over-year).
- 2018: Revenue of $989K, expenses of $812K, and assets of $333K (revenue +28.7% year-over-year).
- 2017: Revenue of $768K, expenses of $770K, and assets of $284K (revenue +2.7% year-over-year).
- 2016: Revenue of $748K, expenses of $716K, and assets of $195K (revenue +4.0% year-over-year).
- 2015: Revenue of $719K, expenses of $750K, and assets of $156K (revenue -18.8% year-over-year).
- 2014: Revenue of $886K, expenses of $838K, and assets of $150K (revenue +22.0% year-over-year).
- 2013: Revenue of $726K, expenses of $825K, and assets of $137K (revenue +92.8% year-over-year).
- 2012: Revenue of $377K, expenses of $383K, and assets of $191K (revenue -6.8% year-over-year).
- 2011: Revenue of $404K, expenses of $290K, and assets of $194K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Arts And Culture Alliance Of Greater Knoxville:
Data Sources and Methodology
This transparency report for Arts And Culture Alliance Of Greater Knoxville 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.