Bravo Creative Arts Center Inc
Bravo Creative Arts Center operates with no officer compensation, experiencing fluctuating revenues and expenses.
EIN: 204100092 · Franklin, TN · NTEE: A20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $363K |
| Total Expenses | $289K |
| Program Spending | 85% |
| Net Assets | $58K |
| Transparency Score | 85/100 |
Is Bravo Creative Arts Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bravo Creative Arts Center Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bravo Creative Arts Center Inc
Bravo Creative Arts Center Inc (EIN: 204100092) is a nonprofit organization based in Franklin, TN, classified under NTEE code A20. The organization reported total revenue of $363K and total assets of $91K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bravo Creative Arts Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bravo Creative Arts Center Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $289K |
| Total Expenses | $289K |
| Surplus / Deficit | $-816 |
| Total Assets | $67K |
| Total Liabilities | $8K |
| Net Assets | $58K |
| Operating Margin | -0.3% |
| Debt-to-Asset Ratio | 12.2% |
| Months of Reserves | 2.8 months |
Financial Health Grade: C
In 2023, Bravo Creative Arts Center Inc reported a deficit of $816 with expenses exceeding revenue, holds 2.8 months of operating reserves (limited), has a debt-to-asset ratio of 12.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Bravo Creative Arts Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +58.9% | +14.4% | +0.3% |
| 2022 | -35.6% | +10.4% | -51.8% |
| 2021 | +85.5% | +9.1% | +82.8% |
| 2020 | -27.6% | -2.0% | -33.7% |
| 2019 | +9.2% | -5.1% | -1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Bravo Creative Arts Center 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: 85%
- fundraising: 5%
According to IRS 990 filings, Bravo Creative Arts Center Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 deficit of $816, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.2%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filing periods, indicating that no salaries or benefits are paid to its officers, which is highly commendable for a nonprofit of its size.
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.
Red Flags
The following concerns were identified during AI analysis of Bravo Creative Arts Center Inc's IRS 990 filings:
- Inconsistent revenue generation leading to deficits in some years (e.g., 2022 revenue $181,613 vs. expenses $252,934)
- Fluctuating asset base, indicating potential challenges in building consistent reserves.
Strengths
The following positive indicators were identified for Bravo Creative Arts Center Inc:
- Zero officer compensation reported across all filings, maximizing funds for mission.
- Consistent IRS 990 filing history (13 filings) demonstrates strong transparency and compliance.
- Relatively low liabilities compared to assets in most years, indicating good debt management.
Frequently Asked Questions about Bravo Creative Arts Center Inc
Is Bravo Creative Arts Center Inc a legitimate charity?
Bravo Creative Arts Center Inc (EIN: 204100092) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $363K. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does Bravo Creative Arts Center Inc spend its money?
Bravo Creative Arts Center Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Bravo Creative Arts Center Inc tax-deductible?
Bravo Creative Arts Center Inc is registered as a tax-exempt nonprofit (EIN: 204100092). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Bravo Creative Arts Center Inc's spending goes to programs?
Bravo Creative Arts Center Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bravo Creative Arts Center Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Bravo Creative Arts Center Inc is above average for NTEE category A20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bravo Creative Arts Center Inc located?
Bravo Creative Arts Center Inc is headquartered in Franklin, Tennessee and files with the IRS under EIN 204100092. It is classified under NTEE code A20.
How many years of IRS 990 filings does Bravo Creative Arts Center Inc have?
Bravo Creative Arts Center Inc 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 $363K in total revenue.
Is Bravo Creative Arts Center Inc. financially stable?
The organization shows moderate financial stability. While it has experienced periods of deficit (e.g., 2022 with $181,613 revenue vs. $252,934 expenses) and surplus (e.g., 2021 with $282,127 revenue vs. $229,045 expenses), its liabilities have generally remained manageable, and it ended 2023 near break-even.
How does Bravo Creative Arts Center Inc. manage executive compensation?
Bravo Creative Arts Center Inc. reports 0% officer compensation in all available filings, meaning no salaries or benefits are paid to its officers. This is a significant strength, indicating that resources are likely directed towards programs and operations rather than executive pay.
What is the trend in the organization's assets?
The organization's assets have fluctuated over time, reaching a high of $150,624 in 2017 and a low of $66,359 in 2022, before slightly increasing to $66,537 in 2023. This indicates some variability in its financial reserves and capital.
Filing History
IRS 990 filing history for Bravo Creative Arts Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bravo Creative Arts Center Inc's revenue has grown by 105.6%, moving from $140K to $289K. Total assets increased by 26.3% over the same period, from $53K to $67K. Total functional expenses rose by 86.3%, from $155K to $289K. In its most recent filing year (2023), Bravo Creative Arts Center Inc reported a deficit of $816, with expenses exceeding revenue. The organization holds $8K in liabilities against $67K in assets (debt-to-asset ratio: 12.2%), resulting in net assets of $58K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $289K | $289K | $67K | $8K | — | — |
| 2022 | $182K | $253K | $66K | $31K | — | — |
| 2021 | $282K | $229K | $138K | $31K | — | View 990 |
| 2020 | $152K | $210K | $75K | $22K | — | View 990 |
| 2019 | $210K | $214K | $114K | $2K | — | View 990 |
| 2018 | $192K | $226K | $115K | $0 | — | View 990 |
| 2017 | $255K | $185K | $151K | $985 | — | View 990 |
| 2016 | $181K | $177K | $81K | $988 | — | View 990 |
| 2015 | $166K | $178K | $78K | $2K | — | View 990 |
| 2014 | $181K | $169K | $90K | $2K | — | View 990 |
| 2013 | $162K | $160K | $77K | $958 | — | View 990 |
| 2012 | $159K | $138K | $75K | $2K | — | View 990 |
| 2011 | $140K | $155K | $53K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $289K, expenses of $289K, and assets of $67K (revenue +58.9% year-over-year).
- 2022: Revenue of $182K, expenses of $253K, and assets of $66K (revenue -35.6% year-over-year).
- 2021: Revenue of $282K, expenses of $229K, and assets of $138K (revenue +85.5% year-over-year).
- 2020: Revenue of $152K, expenses of $210K, and assets of $75K (revenue -27.6% year-over-year).
- 2019: Revenue of $210K, expenses of $214K, and assets of $114K (revenue +9.2% year-over-year).
- 2018: Revenue of $192K, expenses of $226K, and assets of $115K (revenue -24.4% year-over-year).
- 2017: Revenue of $255K, expenses of $185K, and assets of $151K (revenue +41.0% year-over-year).
- 2016: Revenue of $181K, expenses of $177K, and assets of $81K (revenue +9.0% year-over-year).
- 2015: Revenue of $166K, expenses of $178K, and assets of $78K (revenue -8.6% year-over-year).
- 2014: Revenue of $181K, expenses of $169K, and assets of $90K (revenue +11.6% year-over-year).
- 2013: Revenue of $162K, expenses of $160K, and assets of $77K (revenue +2.3% year-over-year).
- 2012: Revenue of $159K, expenses of $138K, and assets of $75K (revenue +13.1% year-over-year).
- 2011: Revenue of $140K, expenses of $155K, and assets of $53K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bravo Creative Arts Center Inc:
Data Sources and Methodology
This transparency report for Bravo Creative Arts Center 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.