Cannon Beach Arts Association Incorporated
EIN: 943027883 · Cannon Beach, OR
| Metric | Value |
|---|---|
| Total Revenue | $265K |
| Total Expenses | $212K |
| Net Assets | $142K |
Is Cannon Beach Arts Association Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cannon Beach Arts Association Incorporated
Cannon Beach Arts Association Incorporated (EIN: 943027883) is a nonprofit organization based in Cannon Beach, OR. The organization reported total revenue of $265K and total assets of $196K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cannon Beach Arts Association Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cannon Beach Arts Association Incorporated is a small nonprofit that has been operating for 35 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 6.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $247K |
| Total Expenses | $212K |
| Surplus / Deficit | +$36K |
| Total Assets | $158K |
| Total Liabilities | $16K |
| Net Assets | $142K |
| Operating Margin | 14.4% |
| Debt-to-Asset Ratio | 9.9% |
| Months of Reserves | 9.0 months |
Financial Health Grade: A
In 2024, Cannon Beach Arts Association Incorporated reported a surplus of $36K with revenue exceeding expenses, holds 9.0 months of operating reserves (strong position), has a debt-to-asset ratio of 9.9% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Cannon Beach Arts Association Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +8.6% | +4.9% | +24.0% |
| 2023 | +13.3% | +2.1% | +25.5% |
| 2022 | +2.4% | +25.2% | +30.5% |
| 2021 | +30.5% | +21.4% | +30.3% |
| 2020 | -16.4% | -26.9% | +51.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cannon Beach Arts Association Incorporated 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 Cannon Beach Arts Association Incorporated 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $36K, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.9%.
Frequently Asked Questions about Cannon Beach Arts Association Incorporated
Is Cannon Beach Arts Association Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Cannon Beach Arts Association Incorporated (EIN: 943027883) insufficient data. 0 red flags identified, 0 strengths noted.
How does Cannon Beach Arts Association Incorporated spend its money?
Detailed spending breakdown data is not yet available for Cannon Beach Arts Association Incorporated. Check back for updated IRS 990 analysis.
Are donations to Cannon Beach Arts Association Incorporated tax-deductible?
Cannon Beach Arts Association Incorporated is registered as a tax-exempt nonprofit (EIN: 943027883). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cannon Beach Arts Association Incorporated located?
Cannon Beach Arts Association Incorporated is headquartered in Cannon Beach, Oregon and files with the IRS under EIN 943027883.
How many years of IRS 990 filings does Cannon Beach Arts Association Incorporated have?
Cannon Beach Arts Association Incorporated has 14 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 $265K in total revenue.
Filing History
IRS 990 filing history for Cannon Beach Arts Association Incorporated showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Cannon Beach Arts Association Incorporated's revenue has grown by 135.5%, moving from $105K to $247K. Total assets increased by 222.3% over the same period, from $49K to $158K. Total functional expenses rose by 112.4%, from $100K to $212K. In its most recent filing year (2024), Cannon Beach Arts Association Incorporated reported a surplus of $36K, with revenue exceeding expenses. The organization holds $16K in liabilities against $158K in assets (debt-to-asset ratio: 9.9%), resulting in net assets of $142K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $247K | $212K | $158K | $16K | — | — |
| 2023 | $228K | $202K | $127K | $21K | — | View 990 |
| 2022 | $201K | $198K | $102K | $21K | — | View 990 |
| 2021 | $196K | $158K | $78K | $0 | — | — |
| 2020 | $150K | $130K | $60K | $0 | — | View 990 |
| 2019 | $180K | $178K | $39K | $0 | — | View 990 |
| 2018 | $147K | $176K | $38K | $0 | — | View 990 |
| 2017 | $159K | $165K | $66K | $0 | — | View 990 |
| 2016 | $132K | $137K | $72K | $0 | — | View 990 |
| 2015 | $140K | $141K | $64K | $0 | — | View 990 |
| 2014 | $134K | $135K | $65K | $0 | — | View 990 |
| 2013 | $123K | $118K | $63K | $0 | — | View 990 |
| 2012 | $138K | $132K | $56K | $0 | — | View 990 |
| 2011 | $105K | $100K | $49K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $247K, expenses of $212K, and assets of $158K (revenue +8.6% year-over-year).
- 2023: Revenue of $228K, expenses of $202K, and assets of $127K (revenue +13.3% year-over-year).
- 2022: Revenue of $201K, expenses of $198K, and assets of $102K (revenue +2.4% year-over-year).
- 2021: Revenue of $196K, expenses of $158K, and assets of $78K (revenue +30.5% year-over-year).
- 2020: Revenue of $150K, expenses of $130K, and assets of $60K (revenue -16.4% year-over-year).
- 2019: Revenue of $180K, expenses of $178K, and assets of $39K (revenue +22.2% year-over-year).
- 2018: Revenue of $147K, expenses of $176K, and assets of $38K (revenue -7.3% year-over-year).
- 2017: Revenue of $159K, expenses of $165K, and assets of $66K (revenue +20.8% year-over-year).
- 2016: Revenue of $132K, expenses of $137K, and assets of $72K (revenue -5.8% year-over-year).
- 2015: Revenue of $140K, expenses of $141K, and assets of $64K (revenue +4.1% year-over-year).
- 2014: Revenue of $134K, expenses of $135K, and assets of $65K (revenue +8.9% year-over-year).
- 2013: Revenue of $123K, expenses of $118K, and assets of $63K (revenue -10.9% year-over-year).
- 2012: Revenue of $138K, expenses of $132K, and assets of $56K (revenue +31.5% year-over-year).
- 2011: Revenue of $105K, expenses of $100K, and assets of $49K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cannon Beach Arts Association Incorporated:
Data Sources and Methodology
This transparency report for Cannon Beach Arts Association Incorporated 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.