Celebrate The Beat
Celebrate The Beat faces consistent operating deficits and declining assets despite strong program focus.
EIN: 200670553 · Dillon, CO · NTEE: A62 · Updated: 2026-03-28
Is Celebrate The Beat Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Celebrate The Beat directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Celebrate The Beat
Celebrate The Beat (EIN: 200670553) is a nonprofit organization based in Dillon, CO, classified under NTEE code A62. The organization reported total revenue of $286K and total assets of $76K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Celebrate The Beat's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Celebrate The Beat with a Mission Score of 75 out of 100 (Good). 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, Celebrate The Beat 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.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is not compensated through salaries, which is highly favorable for donor perception and resource allocation.
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 Celebrate The Beat's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., $19,611 in 202407, $38,403 in 202307).
- Declining asset base from $262,771 in 201912 to $76,089 in 202407.
Strengths
The following positive indicators were identified for Celebrate The Beat:
- Zero officer compensation reported across all filings, indicating strong dedication and efficient use of funds.
- Low liabilities relative to assets, suggesting manageable debt.
- Consistent filing history (14 filings) demonstrates good transparency.
- NTEE code A62 (Performing Arts) aligns with a clear program focus.
Frequently Asked Questions about Celebrate The Beat
Is Celebrate The Beat a legitimate charity?
Based on AI analysis of IRS 990 filings, Celebrate The Beat (EIN: 200670553) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Celebrate The Beat spend its money?
Celebrate The Beat directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Celebrate The Beat tax-deductible?
Celebrate The Beat is registered as a tax-exempt nonprofit (EIN: 200670553). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Celebrate The Beat financially sustainable given recent deficits?
Celebrate The Beat has reported operating deficits in several recent periods, including 202407 ($19,611 deficit), 202307 ($38,403 deficit), and 202207 ($6,572 deficit). While not immediately critical due to relatively low liabilities, a sustained pattern of expenses exceeding revenue could challenge long-term financial sustainability and warrants close monitoring.
Why have the organization's assets been declining?
The organization's assets have decreased from $262,771 in 201912 to $76,089 in 202407. This decline likely correlates with the consistent operating deficits, where expenses have exceeded revenues, potentially drawing down reserves or assets to cover operational costs.
What is the organization's approach to executive compensation?
Celebrate The Beat reports 0% officer compensation across all 14 available filings, indicating that its leadership does not receive salaries from the organization. This is a strong positive for donor confidence and suggests a high dedication to the mission.
Filing History
IRS 990 filing history for Celebrate The Beat showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Celebrate The Beat's revenue has grown by 2.3%, moving from $279K to $286K. Total assets increased by 104.6% over the same period, from $37K to $76K. Total functional expenses rose by 8.5%, from $281K to $305K. In its most recent filing year (2024), Celebrate The Beat reported a deficit of $20K, with expenses exceeding revenue. The organization holds $4K in liabilities against $76K in assets (debt-to-asset ratio: 5.7%), resulting in net assets of $72K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $286K | $305K | $76K | $4K | — | — |
| 2023 | $444K | $482K | $93K | $1K | — | View 990 |
| 2022 | $639K | $646K | $131K | $1K | — | View 990 |
| 2021 | $588K | $592K | $143K | $11K | — | View 990 |
| 2020 | $252K | $352K | $221K | $86K | — | — |
| 2019 | $793K | $663K | $263K | $28K | — | View 990 |
| 2018 | $512K | $539K | $118K | $6K | — | View 990 |
| 2017 | $701K | $604K | $147K | $7K | — | View 990 |
| 2016 | $621K | $642K | $49K | $7K | — | View 990 |
| 2015 | $679K | $633K | $75K | $12K | — | View 990 |
| 2014 | $501K | $552K | $34K | $16K | — | View 990 |
| 2013 | $416K | $383K | $78K | $10K | — | View 990 |
| 2012 | $318K | $320K | $37K | $3K | — | View 990 |
| 2011 | $279K | $281K | $37K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $286K, expenses of $305K, and assets of $76K (revenue -35.6% year-over-year).
- 2023: Revenue of $444K, expenses of $482K, and assets of $93K (revenue -30.6% year-over-year).
- 2022: Revenue of $639K, expenses of $646K, and assets of $131K (revenue +8.7% year-over-year).
- 2021: Revenue of $588K, expenses of $592K, and assets of $143K (revenue +133.0% year-over-year).
- 2020: Revenue of $252K, expenses of $352K, and assets of $221K (revenue -68.2% year-over-year).
- 2019: Revenue of $793K, expenses of $663K, and assets of $263K (revenue +55.0% year-over-year).
- 2018: Revenue of $512K, expenses of $539K, and assets of $118K (revenue -27.0% year-over-year).
- 2017: Revenue of $701K, expenses of $604K, and assets of $147K (revenue +12.9% year-over-year).
- 2016: Revenue of $621K, expenses of $642K, and assets of $49K (revenue -8.5% year-over-year).
- 2015: Revenue of $679K, expenses of $633K, and assets of $75K (revenue +35.4% year-over-year).
- 2014: Revenue of $501K, expenses of $552K, and assets of $34K (revenue +20.6% year-over-year).
- 2013: Revenue of $416K, expenses of $383K, and assets of $78K (revenue +30.8% year-over-year).
- 2012: Revenue of $318K, expenses of $320K, and assets of $37K (revenue +13.8% year-over-year).
- 2011: Revenue of $279K, expenses of $281K, and assets of $37K.
Data Sources and Methodology
This transparency report for Celebrate The Beat 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.