Brookings Friends Of The Arts
EIN: 611522010 · Brookings, SD · NTEE: A99
| Metric | Value |
|---|---|
| Total Expenses | $23K |
| Net Assets | $5K |
Is Brookings Friends Of The Arts Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Brookings Friends Of The Arts
Brookings Friends Of The Arts (EIN: 611522010) is a nonprofit organization based in Brookings, SD, classified under NTEE code A99. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brookings Friends Of The Arts's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brookings Friends Of The Arts is a micro nonprofit that has been operating for 18 years.
Key Financial Metrics (2010)
From the most recent IRS 990 filing on record:
| Total Revenue | $23K |
| Total Expenses | $23K |
| Surplus / Deficit | $-270 |
| Total Assets | $12K |
| Total Liabilities | $7K |
| Net Assets | $5K |
| Operating Margin | -1.2% |
| Debt-to-Asset Ratio | 57.2% |
| Months of Reserves | 6.2 months |
Financial Health Grade: C
In 2010, Brookings Friends Of The Arts reported a deficit of $270 with expenses exceeding revenue, holds 6.2 months of operating reserves (strong position), has a debt-to-asset ratio of 57.2% (high leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Brookings Friends Of The Arts 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 Brookings Friends Of The Arts 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 (2010)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $270, with expenses exceeding revenue.
- Debt-to-asset ratio: 57.2%.
Frequently Asked Questions about Brookings Friends Of The Arts
Is Brookings Friends Of The Arts a legitimate charity?
Brookings Friends Of The Arts (EIN: 611522010) is a registered tax-exempt nonprofit based in South Dakota. No red flags identified. Financial health grade: C.
How does Brookings Friends Of The Arts spend its money?
Brookings Friends Of The Arts reported its financials in IRS 990 filings. 1 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Brookings Friends Of The Arts tax-deductible?
Brookings Friends Of The Arts is registered as a tax-exempt nonprofit (EIN: 611522010). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Brookings Friends Of The Arts located?
Brookings Friends Of The Arts is headquartered in Brookings, South Dakota and files with the IRS under EIN 611522010. It is classified under NTEE code A99.
Filing History
IRS 990 filing history for Brookings Friends Of The Arts showing financial trends over 1 year of public records:
In its most recent filing year (2010), Brookings Friends Of The Arts reported a deficit of $270, with expenses exceeding revenue. The organization holds $7K in liabilities against $12K in assets (debt-to-asset ratio: 57.2%), resulting in net assets of $5K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2010 | $23K | $23K | $12K | $7K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Brookings Friends Of The Arts:
Data Sources and Methodology
This transparency report for Brookings Friends Of The Arts 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.