Arts & Cultural Events Foundation
EIN: 474059622 · Louisville, KY · NTEE: A20
| Metric | Value |
|---|---|
| Total Expenses | $115K |
| Net Assets | $8K |
Is Arts & Cultural Events Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Arts & Cultural Events Foundation
Arts & Cultural Events Foundation (EIN: 474059622) is a nonprofit organization based in Louisville, KY, classified under NTEE code A20. 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 Arts & Cultural Events Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Arts & Cultural Events Foundation is a micro nonprofit that has been operating for 11 years, with 2 years of IRS 990 filings on record (2016–2017). Revenue has grown at a compound annual rate of 44.8%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $73K |
| Total Expenses | $115K |
| Surplus / Deficit | $-41,659 |
| Total Assets | $8K |
| Net Assets | $8K |
| Operating Margin | -56.9% |
| Months of Reserves | 0.9 months |
Financial Health Grade: C
In 2017, Arts & Cultural Events Foundation reported a deficit of $42K with expenses exceeding revenue, holds 0.9 months of operating reserves (limited).
Financial Trends
Over 2 years of filings (2016–2017), Arts & Cultural Events Foundation's revenue has grown at a compound annual growth rate (CAGR) of 44.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | +44.8% | +23021.9% | -83.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Arts & Cultural Events Foundation 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 & Cultural Events Foundation 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $42K, with expenses exceeding revenue.
Frequently Asked Questions about Arts & Cultural Events Foundation
Is Arts & Cultural Events Foundation a legitimate charity?
Arts & Cultural Events Foundation (EIN: 474059622) is a registered tax-exempt nonprofit based in Kentucky. It has 2 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does Arts & Cultural Events Foundation spend its money?
Arts & Cultural Events Foundation reported its financials in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Arts & Cultural Events Foundation tax-deductible?
Arts & Cultural Events Foundation is registered as a tax-exempt nonprofit (EIN: 474059622). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Arts & Cultural Events Foundation located?
Arts & Cultural Events Foundation is headquartered in Louisville, Kentucky and files with the IRS under EIN 474059622. It is classified under NTEE code A20.
How many years of IRS 990 filings does Arts & Cultural Events Foundation have?
Arts & Cultural Events Foundation has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Arts & Cultural Events Foundation showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2016–2017), Arts & Cultural Events Foundation's revenue has grown by 44.8%, moving from $51K to $73K. Total assets decreased by 83.1% over the same period, from $50K to $8K. Total functional expenses rose by 23021.9%, from $497 to $115K. In its most recent filing year (2017), Arts & Cultural Events Foundation reported a deficit of $42K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $73K | $115K | $8K | $0 | — | View 990 |
| 2016 | $51K | $497 | $50K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Arts & Cultural Events Foundation:
Data Sources and Methodology
This transparency report for Arts & Cultural Events Foundation 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.