Blackcat Music Cooperative
EIN: 611809946 · Great Cacapon, WV · NTEE: A68
| Metric | Value |
|---|---|
| Total Revenue | $84K |
| Total Expenses | $71K |
| Net Assets | $65K |
Is Blackcat Music Cooperative Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Blackcat Music Cooperative
Blackcat Music Cooperative (EIN: 611809946) is a nonprofit organization based in Great Cacapon, WV, classified under NTEE code A68. The organization reported total revenue of $84K and total assets of $63K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Blackcat Music Cooperative's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Blackcat Music Cooperative is a micro nonprofit that has been operating for 9 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 36.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $89K |
| Total Expenses | $71K |
| Surplus / Deficit | +$18K |
| Total Assets | $65K |
| Net Assets | $65K |
| Operating Margin | 20.2% |
| Months of Reserves | 10.9 months |
Financial Health Grade: A
In 2023, Blackcat Music Cooperative reported a surplus of $18K with revenue exceeding expenses, holds 10.9 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2022–2023), Blackcat Music Cooperative's revenue has grown at a compound annual growth rate (CAGR) of 36.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +36.7% | +28.1% | +38.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Blackcat Music Cooperative 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 Blackcat Music Cooperative 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 $18K, with revenue exceeding expenses.
Frequently Asked Questions about Blackcat Music Cooperative
Is Blackcat Music Cooperative a legitimate charity?
Based on AI analysis of IRS 990 filings, Blackcat Music Cooperative (EIN: 611809946) insufficient data. 0 red flags identified, 0 strengths noted.
How does Blackcat Music Cooperative spend its money?
Detailed spending breakdown data is not yet available for Blackcat Music Cooperative. Check back for updated IRS 990 analysis.
Are donations to Blackcat Music Cooperative tax-deductible?
Blackcat Music Cooperative is registered as a tax-exempt nonprofit (EIN: 611809946). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Blackcat Music Cooperative located?
Blackcat Music Cooperative is headquartered in Great Cacapon, West Virginia and files with the IRS under EIN 611809946. It is classified under NTEE code A68.
How many years of IRS 990 filings does Blackcat Music Cooperative have?
Blackcat Music Cooperative 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 $84K in total revenue.
Filing History
IRS 990 filing history for Blackcat Music Cooperative showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Blackcat Music Cooperative's revenue has grown by 36.7%, moving from $65K to $89K. Total assets increased by 38.6% over the same period, from $47K to $65K. Total functional expenses rose by 28.1%, from $56K to $71K. In its most recent filing year (2023), Blackcat Music Cooperative reported a surplus of $18K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $89K | $71K | $65K | $0 | — | View 990 |
| 2022 | $65K | $56K | $47K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Blackcat Music Cooperative:
Data Sources and Methodology
This transparency report for Blackcat Music Cooperative 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.