Arts Foundation Of Kosciusko Inc
EIN: 873971342 · Kosciusko, MS · NTEE: A51
Is Arts Foundation Of Kosciusko Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Arts Foundation Of Kosciusko Inc
Arts Foundation Of Kosciusko Inc (EIN: 873971342) is a nonprofit organization based in Kosciusko, MS, classified under NTEE code A51. The organization reported total revenue of $76K and total assets of $468K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Arts Foundation Of Kosciusko Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Arts Foundation Of Kosciusko Inc is a micro nonprofit that has been operating for 3 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 60.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $300K |
| Total Expenses | $37K |
| Surplus / Deficit | +$262K |
| Total Assets | $440K |
| Total Liabilities | $1 |
| Net Assets | $440K |
| Operating Margin | 87.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 141.7 months |
Financial Health Grade: A
In 2023, Arts Foundation Of Kosciusko Inc reported a surplus of $262K with revenue exceeding expenses, holds 141.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Arts Foundation Of Kosciusko Inc's revenue has grown at a compound annual growth rate (CAGR) of 60.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +60.1% | +309.1% | +147.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Arts Foundation Of Kosciusko Inc 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 Foundation Of Kosciusko Inc 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 surplus of $262K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Arts Foundation Of Kosciusko Inc
Is Arts Foundation Of Kosciusko Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Arts Foundation Of Kosciusko Inc (EIN: 873971342) insufficient data. 0 red flags identified, 0 strengths noted.
How does Arts Foundation Of Kosciusko Inc spend its money?
Detailed spending breakdown data is not yet available for Arts Foundation Of Kosciusko Inc. Check back for updated IRS 990 analysis.
Are donations to Arts Foundation Of Kosciusko Inc tax-deductible?
Arts Foundation Of Kosciusko Inc is registered as a tax-exempt nonprofit (EIN: 873971342). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Arts Foundation Of Kosciusko Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Arts Foundation Of Kosciusko Inc's revenue has grown by 60.1%, moving from $187K to $300K. Total assets increased by 147.3% over the same period, from $178K to $440K. Total functional expenses rose by 309.1%, from $9K to $37K. In its most recent filing year (2023), Arts Foundation Of Kosciusko Inc reported a surplus of $262K, with revenue exceeding expenses. The organization holds $1 in liabilities against $440K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $440K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $300K | $37K | $440K | $1 | — | — |
| 2022 | $187K | $9K | $178K | $1 | — | — |
Data Sources and Methodology
This transparency report for Arts Foundation Of Kosciusko 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.