Council For Indigenous Arts And Culture Inc
EIN: 742845925 · Albuquerque, NM · NTEE: A230
| Metric | Value |
|---|---|
| Total Expenses | $24K |
| Net Assets | $-16,673 |
Is Council For Indigenous Arts And Culture Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Council For Indigenous Arts And Culture Inc
Council For Indigenous Arts And Culture Inc (EIN: 742845925) is a nonprofit organization based in Albuquerque, NM, classified under NTEE code A230. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Council For Indigenous Arts And Culture Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Council For Indigenous Arts And Culture Inc is a micro nonprofit that has been operating for 28 years, with 2 years of IRS 990 filings on record (2012–2013). Revenue has grown at a compound annual rate of 83.3%.
Key Financial Metrics (2013)
From the most recent IRS 990 filing on record:
| Total Revenue | $26K |
| Total Expenses | $24K |
| Surplus / Deficit | +$3K |
| Total Assets | $16K |
| Total Liabilities | $32K |
| Net Assets | $-16,673 |
| Operating Margin | 9.8% |
| Debt-to-Asset Ratio | 206.9% |
| Months of Reserves | 7.9 months |
Financial Health Grade: A
In 2013, Council For Indigenous Arts And Culture Inc reported a surplus of $3K with revenue exceeding expenses, holds 7.9 months of operating reserves (strong position), has a debt-to-asset ratio of 206.9% (high leverage).
Financial Trends
Over 2 years of filings (2012–2013), Council For Indigenous Arts And Culture Inc's revenue has grown at a compound annual growth rate (CAGR) of 83.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2013 | +83.3% | +417.7% | +44.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Council For Indigenous Arts And Culture 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 Council For Indigenous Arts And Culture 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 (2013)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3K, with revenue exceeding expenses.
- Debt-to-asset ratio: 206.9%.
Frequently Asked Questions about Council For Indigenous Arts And Culture Inc
Is Council For Indigenous Arts And Culture Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Council For Indigenous Arts And Culture Inc (EIN: 742845925) insufficient data. 0 red flags identified, 0 strengths noted.
How does Council For Indigenous Arts And Culture Inc spend its money?
Detailed spending breakdown data is not yet available for Council For Indigenous Arts And Culture Inc. Check back for updated IRS 990 analysis.
Are donations to Council For Indigenous Arts And Culture Inc tax-deductible?
Council For Indigenous Arts And Culture Inc is registered as a tax-exempt nonprofit (EIN: 742845925). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Council For Indigenous Arts And Culture Inc located?
Council For Indigenous Arts And Culture Inc is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 742845925. It is classified under NTEE code A230.
How many years of IRS 990 filings does Council For Indigenous Arts And Culture Inc have?
Council For Indigenous Arts And Culture Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Council For Indigenous Arts And Culture Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2012–2013), Council For Indigenous Arts And Culture Inc's revenue has grown by 83.3%, moving from $14K to $26K. Total assets increased by 44% over the same period, from $11K to $16K. Total functional expenses rose by 417.7%, from $5K to $24K. In its most recent filing year (2013), Council For Indigenous Arts And Culture Inc reported a surplus of $3K, with revenue exceeding expenses. The organization holds $32K in liabilities against $16K in assets (debt-to-asset ratio: 206.9%), resulting in net assets of $-16,673.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2013 | $26K | $24K | $16K | $32K | — | View 990 |
| 2012 | $14K | $5K | $11K | $30K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Council For Indigenous Arts And Culture Inc:
Data Sources and Methodology
This transparency report for Council For Indigenous Arts And Culture 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.