Aset Academy Of Performing Arts
EIN: 452443738 · Nashville, TN · NTEE: A60
| Metric | Value |
|---|---|
| Total Revenue | $152K |
| Total Expenses | $134K |
| Net Assets | $20K |
Is Aset Academy Of Performing Arts Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Aset Academy Of Performing Arts
Aset Academy Of Performing Arts (EIN: 452443738) is a nonprofit organization based in Nashville, TN, classified under NTEE code A60. The organization reported total revenue of $152K and total assets of $25K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aset Academy Of Performing Arts's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Aset Academy Of Performing Arts is a small nonprofit that has been operating for 12 years, with 2 years of IRS 990 filings on record (2015–2017). Revenue has grown at a compound annual rate of -8.5%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $152K |
| Total Expenses | $134K |
| Surplus / Deficit | +$19K |
| Total Assets | $25K |
| Total Liabilities | $5K |
| Net Assets | $20K |
| Operating Margin | 12.3% |
| Debt-to-Asset Ratio | 21.3% |
| Months of Reserves | 2.3 months |
Financial Health Grade: A
In 2017, Aset Academy Of Performing Arts reported a surplus of $19K with revenue exceeding expenses, holds 2.3 months of operating reserves (limited), has a debt-to-asset ratio of 21.3% (moderate leverage).
Financial Trends
Over 2 years of filings (2015–2017), Aset Academy Of Performing Arts's revenue has declined at a compound annual growth rate (CAGR) of -8.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -16.2% | -30.0% | +225.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Aset Academy Of Performing Arts 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 Aset Academy Of Performing Arts 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 surplus of $19K, with revenue exceeding expenses.
- Debt-to-asset ratio: 21.3%.
Frequently Asked Questions about Aset Academy Of Performing Arts
Is Aset Academy Of Performing Arts a legitimate charity?
Based on AI analysis of IRS 990 filings, Aset Academy Of Performing Arts (EIN: 452443738) insufficient data. 0 red flags identified, 0 strengths noted.
How does Aset Academy Of Performing Arts spend its money?
Detailed spending breakdown data is not yet available for Aset Academy Of Performing Arts. Check back for updated IRS 990 analysis.
Are donations to Aset Academy Of Performing Arts tax-deductible?
Aset Academy Of Performing Arts is registered as a tax-exempt nonprofit (EIN: 452443738). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Aset Academy Of Performing Arts located?
Aset Academy Of Performing Arts is headquartered in Nashville, Tennessee and files with the IRS under EIN 452443738. It is classified under NTEE code A60.
How many years of IRS 990 filings does Aset Academy Of Performing Arts have?
Aset Academy Of Performing Arts has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $152K in total revenue.
Filing History
IRS 990 filing history for Aset Academy Of Performing Arts showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2015–2017), Aset Academy Of Performing Arts's revenue has declined by 16.2%, moving from $182K to $152K. Total assets increased by 225.3% over the same period, from $8K to $25K. Total functional expenses fell by 30%, from $191K to $134K. In its most recent filing year (2017), Aset Academy Of Performing Arts reported a surplus of $19K, with revenue exceeding expenses. The organization holds $5K in liabilities against $25K in assets (debt-to-asset ratio: 21.3%), resulting in net assets of $20K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $152K | $134K | $25K | $5K | — | — |
| 2015 | $182K | $191K | $8K | $7K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Aset Academy Of Performing Arts:
Data Sources and Methodology
This transparency report for Aset Academy Of Performing Arts 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.