Buchanan Arts Inc
EIN: 854286826 · Nashville, TN · NTEE: A25
| Metric | Value |
|---|---|
| Total Revenue | $185K |
| Total Expenses | $171K |
| Net Assets | $19K |
Is Buchanan Arts Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Buchanan Arts Inc
Buchanan Arts Inc (EIN: 854286826) is a nonprofit organization based in Nashville, TN, classified under NTEE code A25. The organization reported total revenue of $185K and total assets of $27K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Buchanan Arts Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Buchanan Arts Inc is a small nonprofit that has been operating for 5 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 56.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $168K |
| Total Expenses | $171K |
| Surplus / Deficit | $-3,257 |
| Total Assets | $19K |
| Total Liabilities | $25 |
| Net Assets | $19K |
| Operating Margin | -1.9% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 1.4 months |
Financial Health Grade: C
In 2023, Buchanan Arts Inc reported a deficit of $3K with expenses exceeding revenue, holds 1.4 months of operating reserves (limited), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 3 years of filings (2021–2023), Buchanan Arts Inc's revenue has grown at a compound annual growth rate (CAGR) of 56.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +107.2% | +84.4% | -14.6% |
| 2022 | +18.0% | +170.8% | -34.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Buchanan Arts Inc 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 Buchanan Arts Inc 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 deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Buchanan Arts Inc
Is Buchanan Arts Inc a legitimate charity?
Buchanan Arts Inc (EIN: 854286826) is a registered tax-exempt nonprofit based in Tennessee. It has 3 years of IRS 990 filings on record. Total revenue: $185K. No red flags identified. Financial health grade: C.
How does Buchanan Arts Inc spend its money?
Buchanan Arts Inc reported $185K in total revenue in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Buchanan Arts Inc tax-deductible?
Buchanan Arts Inc is registered as a tax-exempt nonprofit (EIN: 854286826). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Buchanan Arts Inc located?
Buchanan Arts Inc is headquartered in Nashville, Tennessee and files with the IRS under EIN 854286826. It is classified under NTEE code A25.
How many years of IRS 990 filings does Buchanan Arts Inc have?
Buchanan Arts Inc has 3 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 $185K in total revenue.
Filing History
IRS 990 filing history for Buchanan Arts Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Buchanan Arts Inc's revenue has grown by 144.5%, moving from $69K to $168K. Total assets decreased by 43.8% over the same period, from $34K to $19K. Total functional expenses rose by 399.4%, from $34K to $171K. In its most recent filing year (2023), Buchanan Arts Inc reported a deficit of $3K, with expenses exceeding revenue. The organization holds $25 in liabilities against $19K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $19K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $168K | $171K | $19K | $25 | — | View 990 |
| 2022 | $81K | $93K | $23K | $66 | — | View 990 |
| 2021 | $69K | $34K | $34K | $73 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $168K, expenses of $171K, and assets of $19K (revenue +107.2% year-over-year).
- 2022: Revenue of $81K, expenses of $93K, and assets of $23K (revenue +18.0% year-over-year).
- 2021: Revenue of $69K, expenses of $34K, and assets of $34K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Buchanan Arts Inc:
Data Sources and Methodology
This transparency report for Buchanan Arts 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.