Bloomington Theatre And Art Center Dba Artistry
EIN: 411295187 · Minneapolis, MN · NTEE: A200
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $2.0M |
| Net Assets | $-419,823 |
Is Bloomington Theatre And Art Center Dba Artistry Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bloomington Theatre And Art Center Dba Artistry
Bloomington Theatre And Art Center Dba Artistry (EIN: 411295187) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code A200. The organization reported total revenue of $2.3M and total assets of $65K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bloomington Theatre And Art Center Dba Artistry's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bloomington Theatre And Art Center Dba Artistry is a mid-size nonprofit that has been operating for 49 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $2.0M |
| Surplus / Deficit | +$319K |
| Total Assets | $92K |
| Total Liabilities | $512K |
| Net Assets | $-419,823 |
| Operating Margin | 14.0% |
| Debt-to-Asset Ratio | 557.5% |
| Months of Reserves | 0.6 months |
Financial Health Grade: B
In 2023, Bloomington Theatre And Art Center Dba Artistry reported a surplus of $319K with revenue exceeding expenses, holds 0.6 months of operating reserves (limited), has a debt-to-asset ratio of 557.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Bloomington Theatre And Art Center Dba Artistry's revenue has grown at a compound annual growth rate (CAGR) of 9.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.2% | -25.3% | -28.3% |
| 2022 | +208.2% | +157.0% | -53.6% |
| 2021 | -56.8% | -44.9% | -51.7% |
| 2020 | -32.3% | -13.4% | -49.7% |
| 2019 | +13.4% | +12.5% | +10.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1977 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bloomington Theatre And Art Center Dba Artistry 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 Bloomington Theatre And Art Center Dba Artistry 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 $319K, with revenue exceeding expenses.
- Debt-to-asset ratio: 557.5%.
Frequently Asked Questions about Bloomington Theatre And Art Center Dba Artistry
Is Bloomington Theatre And Art Center Dba Artistry a legitimate charity?
Based on AI analysis of IRS 990 filings, Bloomington Theatre And Art Center Dba Artistry (EIN: 411295187) insufficient data. 0 red flags identified, 0 strengths noted.
How does Bloomington Theatre And Art Center Dba Artistry spend its money?
Detailed spending breakdown data is not yet available for Bloomington Theatre And Art Center Dba Artistry. Check back for updated IRS 990 analysis.
Are donations to Bloomington Theatre And Art Center Dba Artistry tax-deductible?
Bloomington Theatre And Art Center Dba Artistry is registered as a tax-exempt nonprofit (EIN: 411295187). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bloomington Theatre And Art Center Dba Artistry located?
Bloomington Theatre And Art Center Dba Artistry is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 411295187. It is classified under NTEE code A200.
How many years of IRS 990 filings does Bloomington Theatre And Art Center Dba Artistry have?
Bloomington Theatre And Art Center Dba Artistry has 13 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 $2.3M in total revenue.
Filing History
IRS 990 filing history for Bloomington Theatre And Art Center Dba Artistry showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bloomington Theatre And Art Center Dba Artistry's revenue has grown by 207.8%, moving from $742K to $2.3M. Total assets decreased by 78.4% over the same period, from $426K to $92K. Total functional expenses rose by 178.7%, from $704K to $2.0M. In its most recent filing year (2023), Bloomington Theatre And Art Center Dba Artistry reported a surplus of $319K, with revenue exceeding expenses. The organization holds $512K in liabilities against $92K in assets (debt-to-asset ratio: 557.5%), resulting in net assets of $-419,823.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $2.0M | $92K | $512K | — | View 990 |
| 2022 | $2.0M | $2.6M | $128K | $867K | — | View 990 |
| 2021 | $660K | $1.0M | $275K | $421K | — | View 990 |
| 2020 | $1.5M | $1.9M | $571K | $354K | — | View 990 |
| 2019 | $2.3M | $2.1M | $1.1M | $590K | — | View 990 |
| 2018 | $2.0M | $1.9M | $1.0M | $598K | — | View 990 |
| 2017 | $2.1M | $1.7M | $819K | $476K | — | View 990 |
| 2016 | $1.6M | $1.7M | $478K | $511K | — | View 990 |
| 2015 | $2.0M | $2.0M | $469K | $444K | — | View 990 |
| 2014 | $2.0M | $1.9M | $594K | $539K | — | View 990 |
| 2013 | $1.7M | $1.7M | $528K | $519K | — | View 990 |
| 2012 | $1.4M | $1.4M | $426K | $427K | — | View 990 |
| 2011 | $742K | $704K | $426K | $424K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $2.0M, and assets of $92K (revenue +12.2% year-over-year).
- 2022: Revenue of $2.0M, expenses of $2.6M, and assets of $128K (revenue +208.2% year-over-year).
- 2021: Revenue of $660K, expenses of $1.0M, and assets of $275K (revenue -56.8% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.9M, and assets of $571K (revenue -32.3% year-over-year).
- 2019: Revenue of $2.3M, expenses of $2.1M, and assets of $1.1M (revenue +13.4% year-over-year).
- 2018: Revenue of $2.0M, expenses of $1.9M, and assets of $1.0M (revenue -4.6% year-over-year).
- 2017: Revenue of $2.1M, expenses of $1.7M, and assets of $819K (revenue +30.7% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.7M, and assets of $478K (revenue -20.9% year-over-year).
- 2015: Revenue of $2.0M, expenses of $2.0M, and assets of $469K (revenue +2.8% year-over-year).
- 2014: Revenue of $2.0M, expenses of $1.9M, and assets of $594K (revenue +17.4% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.7M, and assets of $528K (revenue +16.0% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.4M, and assets of $426K (revenue +94.3% year-over-year).
- 2011: Revenue of $742K, expenses of $704K, and assets of $426K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bloomington Theatre And Art Center Dba Artistry:
Data Sources and Methodology
This transparency report for Bloomington Theatre And Art Center Dba Artistry 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.