Bembe Drum & Dance
EIN: 832248589 · Milwaukee, WI · NTEE: A60
| Metric | Value |
|---|---|
| Total Revenue | $369K |
| Total Expenses | $221K |
| Net Assets | $57K |
Is Bembe Drum & Dance Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bembe Drum & Dance
Bembe Drum & Dance (EIN: 832248589) is a nonprofit organization based in Milwaukee, WI, classified under NTEE code A60. The organization reported total revenue of $369K and total assets of $22K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bembe Drum & Dance's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bembe Drum & Dance is a small nonprofit that has been operating for 7 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 31.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $260K |
| Total Expenses | $221K |
| Surplus / Deficit | +$39K |
| Total Assets | $61K |
| Total Liabilities | $5K |
| Net Assets | $57K |
| Operating Margin | 15.1% |
| Debt-to-Asset Ratio | 7.6% |
| Months of Reserves | 3.3 months |
Financial Health Grade: A
In 2023, Bembe Drum & Dance reported a surplus of $39K with revenue exceeding expenses, holds 3.3 months of operating reserves (adequate), has a debt-to-asset ratio of 7.6% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Bembe Drum & Dance's revenue has grown at a compound annual growth rate (CAGR) of 31.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +55.8% | +14.7% | -1.9% |
| 2022 | +7.0% | +24.1% | -29.4% |
| 2021 | +1.6% | +56.7% | -4.4% |
| 2020 | +77.1% | +34.9% | +596.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bembe Drum & Dance 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 Bembe Drum & Dance 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 $39K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.6%.
Frequently Asked Questions about Bembe Drum & Dance
Is Bembe Drum & Dance a legitimate charity?
Based on AI analysis of IRS 990 filings, Bembe Drum & Dance (EIN: 832248589) insufficient data. 0 red flags identified, 0 strengths noted.
How does Bembe Drum & Dance spend its money?
Detailed spending breakdown data is not yet available for Bembe Drum & Dance. Check back for updated IRS 990 analysis.
Are donations to Bembe Drum & Dance tax-deductible?
Bembe Drum & Dance is registered as a tax-exempt nonprofit (EIN: 832248589). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bembe Drum & Dance located?
Bembe Drum & Dance is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 832248589. It is classified under NTEE code A60.
How many years of IRS 990 filings does Bembe Drum & Dance have?
Bembe Drum & Dance has 5 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 $369K in total revenue.
Filing History
IRS 990 filing history for Bembe Drum & Dance showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Bembe Drum & Dance's revenue has grown by 199.9%, moving from $87K to $260K. Total assets increased by 361.1% over the same period, from $13K to $61K. Total functional expenses rose by 200.8%, from $73K to $221K. In its most recent filing year (2023), Bembe Drum & Dance reported a surplus of $39K, with revenue exceeding expenses. The organization holds $5K in liabilities against $61K in assets (debt-to-asset ratio: 7.6%), resulting in net assets of $57K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $260K | $221K | $61K | $5K | — | — |
| 2022 | $167K | $193K | $62K | $0 | — | View 990 |
| 2021 | $156K | $155K | $88K | $190 | — | View 990 |
| 2020 | $154K | $99K | $92K | $0 | — | — |
| 2019 | $87K | $73K | $13K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $260K, expenses of $221K, and assets of $61K (revenue +55.8% year-over-year).
- 2022: Revenue of $167K, expenses of $193K, and assets of $62K (revenue +7.0% year-over-year).
- 2021: Revenue of $156K, expenses of $155K, and assets of $88K (revenue +1.6% year-over-year).
- 2020: Revenue of $154K, expenses of $99K, and assets of $92K (revenue +77.1% year-over-year).
- 2019: Revenue of $87K, expenses of $73K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bembe Drum & Dance:
Data Sources and Methodology
This transparency report for Bembe Drum & Dance 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.