Creative Arts Center Of Dallas
EIN: 756046116 · Dallas, TX · NTEE: A400
| Metric | Value |
|---|---|
| Total Revenue | $994K |
| Total Expenses | $818K |
| Net Assets | $115K |
Is Creative Arts Center Of Dallas Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Creative Arts Center Of Dallas
Creative Arts Center Of Dallas (EIN: 756046116) is a nonprofit organization based in Dallas, TX, classified under NTEE code A400. The organization reported total revenue of $994K and total assets of $591K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Creative Arts Center Of Dallas's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Creative Arts Center Of Dallas is a small nonprofit that has been operating for 60 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $871K |
| Total Expenses | $818K |
| Surplus / Deficit | +$53K |
| Total Assets | $607K |
| Total Liabilities | $492K |
| Net Assets | $115K |
| Operating Margin | 6.1% |
| Debt-to-Asset Ratio | 81.1% |
| Months of Reserves | 8.9 months |
Financial Health Grade: A
In 2023, Creative Arts Center Of Dallas reported a surplus of $53K with revenue exceeding expenses, holds 8.9 months of operating reserves (strong position), has a debt-to-asset ratio of 81.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Creative Arts Center Of Dallas's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.4% | -13.2% | +6.1% |
| 2022 | +19.7% | +31.5% | -6.2% |
| 2021 | +32.5% | +22.8% | +79.3% |
| 2020 | -17.4% | -14.4% | +14.2% |
| 2019 | +18.3% | +12.9% | +20.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1966 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Creative Arts Center Of Dallas 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 Creative Arts Center Of Dallas 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 $53K, with revenue exceeding expenses.
- Debt-to-asset ratio: 81.1%.
Frequently Asked Questions about Creative Arts Center Of Dallas
Is Creative Arts Center Of Dallas a legitimate charity?
Based on AI analysis of IRS 990 filings, Creative Arts Center Of Dallas (EIN: 756046116) insufficient data. 0 red flags identified, 0 strengths noted.
How does Creative Arts Center Of Dallas spend its money?
Detailed spending breakdown data is not yet available for Creative Arts Center Of Dallas. Check back for updated IRS 990 analysis.
Are donations to Creative Arts Center Of Dallas tax-deductible?
Creative Arts Center Of Dallas is registered as a tax-exempt nonprofit (EIN: 756046116). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Creative Arts Center Of Dallas located?
Creative Arts Center Of Dallas is headquartered in Dallas, Texas and files with the IRS under EIN 756046116. It is classified under NTEE code A400.
How many years of IRS 990 filings does Creative Arts Center Of Dallas have?
Creative Arts Center Of Dallas 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 $994K in total revenue.
Filing History
IRS 990 filing history for Creative Arts Center Of Dallas showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Creative Arts Center Of Dallas's revenue has grown by 67%, moving from $521K to $871K. Total assets increased by 169% over the same period, from $226K to $607K. Total functional expenses rose by 42.9%, from $572K to $818K. In its most recent filing year (2023), Creative Arts Center Of Dallas reported a surplus of $53K, with revenue exceeding expenses. The organization holds $492K in liabilities against $607K in assets (debt-to-asset ratio: 81.1%), resulting in net assets of $115K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $871K | $818K | $607K | $492K | — | — |
| 2022 | $874K | $942K | $572K | $510K | — | View 990 |
| 2021 | $730K | $716K | $610K | $481K | — | View 990 |
| 2020 | $551K | $583K | $340K | $232K | — | — |
| 2019 | $667K | $682K | $298K | $173K | — | View 990 |
| 2018 | $564K | $604K | $246K | $110K | — | View 990 |
| 2017 | $601K | $636K | $247K | $91K | — | View 990 |
| 2016 | $539K | $611K | $266K | $76K | — | View 990 |
| 2015 | $684K | $598K | $303K | $40K | — | View 990 |
| 2014 | $557K | $574K | $227K | $50K | — | View 990 |
| 2013 | $569K | $540K | $244K | $49K | — | View 990 |
| 2012 | $537K | $544K | $232K | $66K | — | View 990 |
| 2011 | $521K | $572K | $226K | $53K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $871K, expenses of $818K, and assets of $607K (revenue -0.4% year-over-year).
- 2022: Revenue of $874K, expenses of $942K, and assets of $572K (revenue +19.7% year-over-year).
- 2021: Revenue of $730K, expenses of $716K, and assets of $610K (revenue +32.5% year-over-year).
- 2020: Revenue of $551K, expenses of $583K, and assets of $340K (revenue -17.4% year-over-year).
- 2019: Revenue of $667K, expenses of $682K, and assets of $298K (revenue +18.3% year-over-year).
- 2018: Revenue of $564K, expenses of $604K, and assets of $246K (revenue -6.2% year-over-year).
- 2017: Revenue of $601K, expenses of $636K, and assets of $247K (revenue +11.6% year-over-year).
- 2016: Revenue of $539K, expenses of $611K, and assets of $266K (revenue -21.2% year-over-year).
- 2015: Revenue of $684K, expenses of $598K, and assets of $303K (revenue +22.8% year-over-year).
- 2014: Revenue of $557K, expenses of $574K, and assets of $227K (revenue -2.1% year-over-year).
- 2013: Revenue of $569K, expenses of $540K, and assets of $244K (revenue +5.9% year-over-year).
- 2012: Revenue of $537K, expenses of $544K, and assets of $232K (revenue +3.1% year-over-year).
- 2011: Revenue of $521K, expenses of $572K, and assets of $226K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Creative Arts Center Of Dallas:
Data Sources and Methodology
This transparency report for Creative Arts Center Of Dallas 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.