Birmingham Artwalk Inc
Birmingham Artwalk Inc. maintains stable, lean operations with volunteer leadership and modest assets.
EIN: 202288952 · Birmingham, AL · NTEE: A400 · Updated: 2026-03-28
Is Birmingham Artwalk Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Birmingham Artwalk Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Birmingham Artwalk Inc
Birmingham Artwalk Inc (EIN: 202288952) is a nonprofit organization based in Birmingham, AL, classified under NTEE code A400. The organization reported total revenue of $70K and total assets of $9K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Birmingham Artwalk Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Birmingham Artwalk Inc is a micro nonprofit that has been operating for 19 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $53K |
| Total Expenses | $51K |
| Surplus / Deficit | +$2K |
| Total Assets | $3K |
| Net Assets | $3K |
| Operating Margin | 4.5% |
| Months of Reserves | 0.7 months |
Financial Health Grade: A
In 2023, Birmingham Artwalk Inc reported a surplus of $2K with revenue exceeding expenses, holds 0.7 months of operating reserves (limited).
Financial Trends
Over 11 years of filings (2013–2023), Birmingham Artwalk Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.0% | +5.1% | -72.5% |
| 2022 | +74.3% | +36.3% | +220.1% |
| 2021 | +95.2% | +107.9% | -48.7% |
| 2020 | -69.8% | -69.1% | -8.0% |
| 2019 | +26.4% | +20.9% | -7.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Birmingham Artwalk Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Birmingham Artwalk Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization is run entirely by volunteers. This is a significant positive, as it means all revenue can be directed towards programs and administrative costs, rather than executive salaries.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Birmingham Artwalk Inc:
- Consistent 0% officer compensation, maximizing funds for mission.
- Zero liabilities reported across all 11 filings, indicating strong financial management.
- Consistent IRS 990 filing history, demonstrating transparency.
- Expenses closely align with revenue, suggesting efficient use of funds without significant waste.
- Stable operations over a long period (11 filings), indicating organizational resilience.
Frequently Asked Questions about Birmingham Artwalk Inc
Is Birmingham Artwalk Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Birmingham Artwalk Inc (EIN: 202288952) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does Birmingham Artwalk Inc spend its money?
Birmingham Artwalk Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Birmingham Artwalk Inc tax-deductible?
Birmingham Artwalk Inc is registered as a tax-exempt nonprofit (EIN: 202288952). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Birmingham Artwalk Inc. financially stable?
Yes, the organization appears financially stable, consistently operating with revenues covering expenses and maintaining zero liabilities across all reported periods. While assets are modest, this is typical for a small, volunteer-led nonprofit.
Does Birmingham Artwalk Inc. pay its officers?
No, the IRS 990 filings consistently show 0% officer compensation, indicating that the organization's leadership is entirely volunteer-based.
How transparent is Birmingham Artwalk Inc.?
Birmingham Artwalk Inc. demonstrates good transparency by consistently filing its IRS 990 forms for 11 periods, providing a clear public record of its financial activities.
What is the trend in Birmingham Artwalk Inc.'s revenue?
Revenue has fluctuated over the past decade, ranging from a low of $16,490 in 2020 to a high of $56,118 in 2022, with the latest reported revenue at $53,300 in 2023. There isn't a clear upward or downward trend, but rather year-to-year variations.
Filing History
IRS 990 filing history for Birmingham Artwalk Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Birmingham Artwalk Inc's revenue has grown by 20.2%, moving from $44K to $53K. Total assets decreased by 84.2% over the same period, from $19K to $3K. Total functional expenses rose by 27.5%, from $40K to $51K. In its most recent filing year (2023), Birmingham Artwalk Inc reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $53K | $51K | $3K | $0 | — | — |
| 2022 | $56K | $48K | $11K | $0 | — | View 990 |
| 2021 | $32K | $36K | $3K | $0 | — | — |
| 2020 | $16K | $17K | $7K | $0 | — | — |
| 2019 | $55K | $55K | $7K | $0 | — | View 990 |
| 2018 | $43K | $46K | $8K | $0 | — | View 990 |
| 2017 | $51K | $54K | $10K | $0 | — | — |
| 2016 | $47K | $47K | $14K | $0 | — | View 990 |
| 2015 | $46K | $50K | $14K | $0 | — | View 990 |
| 2014 | $38K | $39K | $18K | $0 | — | View 990 |
| 2013 | $44K | $40K | $19K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $53K, expenses of $51K, and assets of $3K (revenue -5.0% year-over-year).
- 2022: Revenue of $56K, expenses of $48K, and assets of $11K (revenue +74.3% year-over-year).
- 2021: Revenue of $32K, expenses of $36K, and assets of $3K (revenue +95.2% year-over-year).
- 2020: Revenue of $16K, expenses of $17K, and assets of $7K (revenue -69.8% year-over-year).
- 2019: Revenue of $55K, expenses of $55K, and assets of $7K (revenue +26.4% year-over-year).
- 2018: Revenue of $43K, expenses of $46K, and assets of $8K (revenue -15.7% year-over-year).
- 2017: Revenue of $51K, expenses of $54K, and assets of $10K (revenue +9.4% year-over-year).
- 2016: Revenue of $47K, expenses of $47K, and assets of $14K (revenue +2.9% year-over-year).
- 2015: Revenue of $46K, expenses of $50K, and assets of $14K (revenue +21.0% year-over-year).
- 2014: Revenue of $38K, expenses of $39K, and assets of $18K (revenue -15.1% year-over-year).
- 2013: Revenue of $44K, expenses of $40K, and assets of $19K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Birmingham Artwalk Inc:
Data Sources and Methodology
This transparency report for Birmingham Artwalk 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.