Arts Illiana Inc
EIN: 351483725 · Terre Haute, IN · NTEE: A20Z
| Metric | Value |
|---|---|
| Total Revenue | $150K |
| Total Expenses | $139K |
| Net Assets | $6K |
Is Arts Illiana 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 Illiana Inc
Arts Illiana Inc (EIN: 351483725) is a nonprofit organization based in Terre Haute, IN, classified under NTEE code A20Z. The organization reported total revenue of $150K and total assets of $48K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Arts Illiana Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Arts Illiana Inc is a small nonprofit that has been operating for 45 years, with 14 years of IRS 990 filings on record (2010–2024). Revenue has grown at a compound annual rate of -1.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $140K |
| Total Expenses | $139K |
| Surplus / Deficit | +$725 |
| Total Assets | $100K |
| Total Liabilities | $94K |
| Net Assets | $6K |
| Operating Margin | 0.5% |
| Debt-to-Asset Ratio | 94.3% |
| Months of Reserves | 8.6 months |
Financial Health Grade: A
In 2024, Arts Illiana Inc reported a surplus of $725 with revenue exceeding expenses, holds 8.6 months of operating reserves (strong position), has a debt-to-asset ratio of 94.3% (high leverage).
Financial Trends
Over 14 years of filings (2010–2024), Arts Illiana Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -29.0% | -25.2% | +4.6% |
| 2023 | +55.9% | +71.9% | +334.1% |
| 2022 | +18.5% | +5.3% | +43.8% |
| 2021 | -49.1% | -47.3% | -61.8% |
| 2020 | +15.5% | +0.9% | +92.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1981 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Arts Illiana 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 Illiana 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $725, with revenue exceeding expenses.
- Debt-to-asset ratio: 94.3%.
Frequently Asked Questions about Arts Illiana Inc
Is Arts Illiana Inc a legitimate charity?
Arts Illiana Inc (EIN: 351483725) is a registered tax-exempt nonprofit based in Indiana. It has 14 years of IRS 990 filings on record. Total revenue: $150K. No red flags identified. Financial health grade: A.
How does Arts Illiana Inc spend its money?
Arts Illiana Inc reported $150K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Arts Illiana Inc tax-deductible?
Arts Illiana Inc is registered as a tax-exempt nonprofit (EIN: 351483725). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Arts Illiana Inc located?
Arts Illiana Inc is headquartered in Terre Haute, Indiana and files with the IRS under EIN 351483725. It is classified under NTEE code A20Z.
How many years of IRS 990 filings does Arts Illiana Inc have?
Arts Illiana Inc has 14 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 $150K in total revenue.
Filing History
IRS 990 filing history for Arts Illiana Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2024), Arts Illiana Inc's revenue has declined by 17.7%, moving from $170K to $140K. Total assets increased by 229.3% over the same period, from $30K to $100K. Total functional expenses fell by 9.4%, from $153K to $139K. In its most recent filing year (2024), Arts Illiana Inc reported a surplus of $725, with revenue exceeding expenses. The organization holds $94K in liabilities against $100K in assets (debt-to-asset ratio: 94.3%), resulting in net assets of $6K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $140K | $139K | $100K | $94K | — | — |
| 2023 | $197K | $186K | $95K | $90K | — | View 990 |
| 2022 | $126K | $108K | $22K | $28K | — | View 990 |
| 2021 | $106K | $103K | $15K | $40K | — | — |
| 2020 | $209K | $194K | $40K | $68K | — | View 990 |
| 2019 | $181K | $193K | $21K | $64K | — | View 990 |
| 2018 | $191K | $190K | $14K | $46K | — | View 990 |
| 2017 | $188K | $180K | $24K | $57K | — | View 990 |
| 2016 | $189K | $185K | $14K | $55K | — | View 990 |
| 2015 | $165K | $185K | $20K | $64K | — | View 990 |
| 2014 | $208K | $206K | $28K | $53K | — | View 990 |
| 2013 | $188K | $181K | $30K | $57K | — | View 990 |
| 2012 | $124K | $164K | $4K | $38K | — | View 990 |
| 2010 | $170K | $153K | $30K | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $140K, expenses of $139K, and assets of $100K (revenue -29.0% year-over-year).
- 2023: Revenue of $197K, expenses of $186K, and assets of $95K (revenue +55.9% year-over-year).
- 2022: Revenue of $126K, expenses of $108K, and assets of $22K (revenue +18.5% year-over-year).
- 2021: Revenue of $106K, expenses of $103K, and assets of $15K (revenue -49.1% year-over-year).
- 2020: Revenue of $209K, expenses of $194K, and assets of $40K (revenue +15.5% year-over-year).
- 2019: Revenue of $181K, expenses of $193K, and assets of $21K (revenue -5.0% year-over-year).
- 2018: Revenue of $191K, expenses of $190K, and assets of $14K (revenue +1.4% year-over-year).
- 2017: Revenue of $188K, expenses of $180K, and assets of $24K (revenue -0.5% year-over-year).
- 2016: Revenue of $189K, expenses of $185K, and assets of $14K (revenue +14.6% year-over-year).
- 2015: Revenue of $165K, expenses of $185K, and assets of $20K (revenue -20.8% year-over-year).
- 2014: Revenue of $208K, expenses of $206K, and assets of $28K (revenue +10.6% year-over-year).
- 2013: Revenue of $188K, expenses of $181K, and assets of $30K (revenue +51.5% year-over-year).
- 2012: Revenue of $124K, expenses of $164K, and assets of $4K (revenue -26.8% year-over-year).
- 2010: Revenue of $170K, expenses of $153K, and assets of $30K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Arts Illiana Inc:
Data Sources and Methodology
This transparency report for Arts Illiana 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.