Colquitt County Arts Council Inc
EIN: 581492386 · Moultrie, GA
Is Colquitt County Arts Council Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Colquitt County Arts Council Inc
Colquitt County Arts Council Inc (EIN: 581492386) is a nonprofit organization based in Moultrie, GA. The organization reported total revenue of $712K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Colquitt County Arts Council Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Colquitt County Arts Council Inc is a small nonprofit that has been operating for 43 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 2.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $720K |
| Total Expenses | $585K |
| Surplus / Deficit | +$135K |
| Total Assets | $1.3M |
| Total Liabilities | $3K |
| Net Assets | $1.3M |
| Operating Margin | 18.8% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 25.9 months |
Financial Health Grade: A
In 2023, Colquitt County Arts Council Inc reported a surplus of $135K with revenue exceeding expenses, holds 25.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Colquitt County Arts Council Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.6% | +21.0% | +15.0% |
| 2022 | +7.4% | -3.7% | +4.1% |
| 2021 | +7.4% | -12.5% | +5.5% |
| 2020 | +7.5% | +8.1% | -5.8% |
| 2019 | -16.0% | +1.7% | -4.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1983 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Colquitt County Arts Council 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 Colquitt County Arts Council 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 surplus of $135K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Frequently Asked Questions about Colquitt County Arts Council Inc
Is Colquitt County Arts Council Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Colquitt County Arts Council Inc (EIN: 581492386) insufficient data. 0 red flags identified, 0 strengths noted.
How does Colquitt County Arts Council Inc spend its money?
Detailed spending breakdown data is not yet available for Colquitt County Arts Council Inc. Check back for updated IRS 990 analysis.
Are donations to Colquitt County Arts Council Inc tax-deductible?
Colquitt County Arts Council Inc is registered as a tax-exempt nonprofit (EIN: 581492386). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Colquitt County Arts Council Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Colquitt County Arts Council Inc's revenue has grown by 33.8%, moving from $538K to $720K. Total assets increased by 19% over the same period, from $1.1M to $1.3M. Total functional expenses rose by 23.7%, from $473K to $585K. In its most recent filing year (2023), Colquitt County Arts Council Inc reported a surplus of $135K, with revenue exceeding expenses. The organization holds $3K in liabilities against $1.3M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $720K | $585K | $1.3M | $3K | — | — |
| 2022 | $597K | $483K | $1.1M | $3K | — | View 990 |
| 2021 | $556K | $502K | $1.1M | $8K | — | View 990 |
| 2020 | $518K | $574K | $1.0M | $7K | — | View 990 |
| 2019 | $482K | $531K | $1.1M | $13K | — | View 990 |
| 2018 | $574K | $522K | $1.1M | $10K | — | View 990 |
| 2017 | $578K | $582K | $1.1M | $11K | — | View 990 |
| 2016 | $602K | $631K | $1.1M | $12K | — | View 990 |
| 2015 | $528K | $535K | $1.1M | $12K | — | View 990 |
| 2014 | $613K | $520K | $1.2M | $72K | — | View 990 |
| 2013 | $390K | $450K | $1.0M | $10K | — | View 990 |
| 2012 | $538K | $473K | $1.1M | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $720K, expenses of $585K, and assets of $1.3M (revenue +20.6% year-over-year).
- 2022: Revenue of $597K, expenses of $483K, and assets of $1.1M (revenue +7.4% year-over-year).
- 2021: Revenue of $556K, expenses of $502K, and assets of $1.1M (revenue +7.4% year-over-year).
- 2020: Revenue of $518K, expenses of $574K, and assets of $1.0M (revenue +7.5% year-over-year).
- 2019: Revenue of $482K, expenses of $531K, and assets of $1.1M (revenue -16.0% year-over-year).
- 2018: Revenue of $574K, expenses of $522K, and assets of $1.1M (revenue -0.7% year-over-year).
- 2017: Revenue of $578K, expenses of $582K, and assets of $1.1M (revenue -3.9% year-over-year).
- 2016: Revenue of $602K, expenses of $631K, and assets of $1.1M (revenue +14.0% year-over-year).
- 2015: Revenue of $528K, expenses of $535K, and assets of $1.1M (revenue -13.8% year-over-year).
- 2014: Revenue of $613K, expenses of $520K, and assets of $1.2M (revenue +57.2% year-over-year).
- 2013: Revenue of $390K, expenses of $450K, and assets of $1.0M (revenue -27.6% year-over-year).
- 2012: Revenue of $538K, expenses of $473K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Colquitt County Arts Council Inc:
Data Sources and Methodology
This transparency report for Colquitt County Arts Council 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.