Artworks Big Rapids Area Arts And Humanities
EIN: 382207297 · Big Rapids, MI
| Metric | Value |
|---|---|
| Total Revenue | $327K |
| Total Expenses | $302K |
| Net Assets | $436K |
Is Artworks Big Rapids Area Arts And Humanities Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Artworks Big Rapids Area Arts And Humanities
Artworks Big Rapids Area Arts And Humanities (EIN: 382207297) is a nonprofit organization based in Big Rapids, MI. The organization reported total revenue of $327K and total assets of $358K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Artworks Big Rapids Area Arts And Humanities's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Artworks Big Rapids Area Arts And Humanities is a small nonprofit that has been operating for 38 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $279K |
| Total Expenses | $302K |
| Surplus / Deficit | $-23,069 |
| Total Assets | $449K |
| Total Liabilities | $13K |
| Net Assets | $436K |
| Operating Margin | -8.3% |
| Debt-to-Asset Ratio | 3.0% |
| Months of Reserves | 17.8 months |
Financial Health Grade: B
In 2023, Artworks Big Rapids Area Arts And Humanities reported a deficit of $23K with expenses exceeding revenue, holds 17.8 months of operating reserves (strong position), has a debt-to-asset ratio of 3.0% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Artworks Big Rapids Area Arts And Humanities's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -25.4% | +12.2% | +7.2% |
| 2021 | +43.6% | +13.1% | +32.1% |
| 2020 | -31.0% | -16.3% | +8.5% |
| 2019 | +30.5% | +20.8% | +4.4% |
| 2018 | +41.3% | +28.5% | +9.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Artworks Big Rapids Area Arts And Humanities 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 Artworks Big Rapids Area Arts And Humanities 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 $23K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.0%.
Frequently Asked Questions about Artworks Big Rapids Area Arts And Humanities
Is Artworks Big Rapids Area Arts And Humanities a legitimate charity?
Artworks Big Rapids Area Arts And Humanities (EIN: 382207297) is a registered tax-exempt nonprofit based in Michigan. It has 12 years of IRS 990 filings on record. Total revenue: $327K. No red flags identified. Financial health grade: B.
How does Artworks Big Rapids Area Arts And Humanities spend its money?
Artworks Big Rapids Area Arts And Humanities reported $327K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Artworks Big Rapids Area Arts And Humanities tax-deductible?
Artworks Big Rapids Area Arts And Humanities is registered as a tax-exempt nonprofit (EIN: 382207297). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Artworks Big Rapids Area Arts And Humanities located?
Artworks Big Rapids Area Arts And Humanities is headquartered in Big Rapids, Michigan and files with the IRS under EIN 382207297.
How many years of IRS 990 filings does Artworks Big Rapids Area Arts And Humanities have?
Artworks Big Rapids Area Arts And Humanities has 12 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 $327K in total revenue.
Filing History
IRS 990 filing history for Artworks Big Rapids Area Arts And Humanities showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Artworks Big Rapids Area Arts And Humanities's revenue has grown by 86.7%, moving from $150K to $279K. Total assets increased by 116.8% over the same period, from $207K to $449K. Total functional expenses rose by 112.4%, from $142K to $302K. In its most recent filing year (2023), Artworks Big Rapids Area Arts And Humanities reported a deficit of $23K, with expenses exceeding revenue. The organization holds $13K in liabilities against $449K in assets (debt-to-asset ratio: 3.0%), resulting in net assets of $436K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $279K | $302K | $449K | $13K | — | — |
| 2021 | $374K | $270K | $419K | $9K | — | View 990 |
| 2020 | $261K | $238K | $317K | $12K | — | — |
| 2019 | $378K | $285K | $292K | $10K | — | View 990 |
| 2018 | $290K | $236K | $280K | $111K | — | View 990 |
| 2017 | $205K | $183K | $255K | $134K | — | View 990 |
| 2016 | $192K | $157K | $238K | $130K | — | View 990 |
| 2015 | $122K | $134K | $213K | $141K | — | View 990 |
| 2014 | $169K | $131K | $220K | $142K | — | View 990 |
| 2013 | $128K | $147K | $179K | $148K | — | View 990 |
| 2012 | $138K | $139K | $202K | $152K | — | View 990 |
| 2011 | $150K | $142K | $207K | $157K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $279K, expenses of $302K, and assets of $449K (revenue -25.4% year-over-year).
- 2021: Revenue of $374K, expenses of $270K, and assets of $419K (revenue +43.6% year-over-year).
- 2020: Revenue of $261K, expenses of $238K, and assets of $317K (revenue -31.0% year-over-year).
- 2019: Revenue of $378K, expenses of $285K, and assets of $292K (revenue +30.5% year-over-year).
- 2018: Revenue of $290K, expenses of $236K, and assets of $280K (revenue +41.3% year-over-year).
- 2017: Revenue of $205K, expenses of $183K, and assets of $255K (revenue +7.0% year-over-year).
- 2016: Revenue of $192K, expenses of $157K, and assets of $238K (revenue +56.9% year-over-year).
- 2015: Revenue of $122K, expenses of $134K, and assets of $213K (revenue -27.6% year-over-year).
- 2014: Revenue of $169K, expenses of $131K, and assets of $220K (revenue +31.5% year-over-year).
- 2013: Revenue of $128K, expenses of $147K, and assets of $179K (revenue -7.2% year-over-year).
- 2012: Revenue of $138K, expenses of $139K, and assets of $202K (revenue -7.6% year-over-year).
- 2011: Revenue of $150K, expenses of $142K, and assets of $207K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Artworks Big Rapids Area Arts And Humanities:
Data Sources and Methodology
This transparency report for Artworks Big Rapids Area Arts And Humanities 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.