Columbus Arts Council Incorporated
EIN: 640628609 · Columbus, MS · NTEE: A26Z
| Metric | Value |
|---|---|
| Total Revenue | $213K |
| Total Expenses | $242K |
| Net Assets | $237K |
Is Columbus Arts Council Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Columbus Arts Council Incorporated
Columbus Arts Council Incorporated (EIN: 640628609) is a nonprofit organization based in Columbus, MS, classified under NTEE code A26Z. The organization reported total revenue of $213K and total assets of $266K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Columbus Arts Council Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Columbus Arts Council Incorporated is a small nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $230K |
| Total Expenses | $242K |
| Surplus / Deficit | $-12,101 |
| Total Assets | $276K |
| Total Liabilities | $39K |
| Net Assets | $237K |
| Operating Margin | -5.3% |
| Debt-to-Asset Ratio | 14.0% |
| Months of Reserves | 13.6 months |
Financial Health Grade: B
In 2023, Columbus Arts Council Incorporated reported a deficit of $12K with expenses exceeding revenue, holds 13.6 months of operating reserves (strong position), has a debt-to-asset ratio of 14.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Columbus Arts Council Incorporated's revenue has declined at a compound annual growth rate (CAGR) of -0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +29.8% | +23.0% | -4.6% |
| 2022 | -22.6% | -17.4% | -11.1% |
| 2021 | +10.9% | +8.2% | -7.8% |
| 2020 | -23.6% | +7.1% | -1.6% |
| 2019 | -1.2% | -26.9% | +14.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 1979 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Columbus Arts Council 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 Columbus Arts Council 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $12K, with expenses exceeding revenue.
- Debt-to-asset ratio: 14.0%.
Frequently Asked Questions about Columbus Arts Council Incorporated
Is Columbus Arts Council Incorporated a legitimate charity?
Columbus Arts Council Incorporated (EIN: 640628609) is a registered tax-exempt nonprofit based in Mississippi. It has 13 years of IRS 990 filings on record. Total revenue: $213K. No red flags identified. Financial health grade: B.
How does Columbus Arts Council Incorporated spend its money?
Columbus Arts Council Incorporated reported $213K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Columbus Arts Council Incorporated tax-deductible?
Columbus Arts Council Incorporated is registered as a tax-exempt nonprofit (EIN: 640628609). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Columbus Arts Council Incorporated located?
Columbus Arts Council Incorporated is headquartered in Columbus, Mississippi and files with the IRS under EIN 640628609. It is classified under NTEE code A26Z.
How many years of IRS 990 filings does Columbus Arts Council Incorporated have?
Columbus Arts Council Incorporated has 13 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 $213K in total revenue.
Filing History
IRS 990 filing history for Columbus Arts Council Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Columbus Arts Council Incorporated's revenue has declined by 4%, moving from $240K to $230K. Total assets decreased by 32.8% over the same period, from $410K to $276K. Total functional expenses rose by 10.3%, from $220K to $242K. In its most recent filing year (2023), Columbus Arts Council Incorporated reported a deficit of $12K, with expenses exceeding revenue. The organization holds $39K in liabilities against $276K in assets (debt-to-asset ratio: 14.0%), resulting in net assets of $237K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $230K | $242K | $276K | $39K | — | — |
| 2022 | $177K | $197K | $289K | $42K | — | View 990 |
| 2021 | $229K | $239K | $325K | $54K | — | View 990 |
| 2020 | $206K | $220K | $352K | $78K | — | View 990 |
| 2019 | $270K | $206K | $358K | $71K | — | View 990 |
| 2018 | $274K | $282K | $312K | $97K | — | View 990 |
| 2017 | $288K | $311K | $318K | $96K | — | View 990 |
| 2016 | $299K | $331K | $345K | $99K | — | View 990 |
| 2015 | $298K | $311K | $367K | $88K | — | View 990 |
| 2014 | $281K | $322K | $381K | $89K | — | View 990 |
| 2013 | $343K | $334K | $425K | $95K | — | View 990 |
| 2012 | $288K | $274K | $417K | $100K | — | View 990 |
| 2011 | $240K | $220K | $410K | $103K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $230K, expenses of $242K, and assets of $276K (revenue +29.8% year-over-year).
- 2022: Revenue of $177K, expenses of $197K, and assets of $289K (revenue -22.6% year-over-year).
- 2021: Revenue of $229K, expenses of $239K, and assets of $325K (revenue +10.9% year-over-year).
- 2020: Revenue of $206K, expenses of $220K, and assets of $352K (revenue -23.6% year-over-year).
- 2019: Revenue of $270K, expenses of $206K, and assets of $358K (revenue -1.2% year-over-year).
- 2018: Revenue of $274K, expenses of $282K, and assets of $312K (revenue -5.0% year-over-year).
- 2017: Revenue of $288K, expenses of $311K, and assets of $318K (revenue -3.7% year-over-year).
- 2016: Revenue of $299K, expenses of $331K, and assets of $345K (revenue +0.2% year-over-year).
- 2015: Revenue of $298K, expenses of $311K, and assets of $367K (revenue +6.1% year-over-year).
- 2014: Revenue of $281K, expenses of $322K, and assets of $381K (revenue -18.1% year-over-year).
- 2013: Revenue of $343K, expenses of $334K, and assets of $425K (revenue +19.4% year-over-year).
- 2012: Revenue of $288K, expenses of $274K, and assets of $417K (revenue +20.0% year-over-year).
- 2011: Revenue of $240K, expenses of $220K, and assets of $410K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Columbus Arts Council Incorporated:
Data Sources and Methodology
This transparency report for Columbus Arts Council 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.