Cultural Arts Center Inc
Cultural Arts Center Inc consistently operates with modest revenues and expenses, showing no officer compensation.
EIN: 204298439 · Dothan, AL · NTEE: A20 · Updated: 2026-03-28
Is Cultural Arts Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cultural Arts Center Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cultural Arts Center Inc
Cultural Arts Center Inc (EIN: 204298439) is a nonprofit organization based in Dothan, AL, classified under NTEE code A20. The organization reported total revenue of $216K and total assets of $103K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cultural Arts Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cultural Arts Center Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $189K |
| Total Expenses | $199K |
| Surplus / Deficit | $-10,189 |
| Total Assets | $154K |
| Total Liabilities | $4K |
| Net Assets | $150K |
| Operating Margin | -5.4% |
| Debt-to-Asset Ratio | 2.8% |
| Months of Reserves | 9.3 months |
Financial Health Grade: B
In 2023, Cultural Arts Center Inc reported a deficit of $10K with expenses exceeding revenue, holds 9.3 months of operating reserves (strong position), has a debt-to-asset ratio of 2.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Cultural Arts Center Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.7% | +5.4% | -6.2% |
| 2022 | -0.2% | +5.9% | -13.1% |
| 2021 | -13.7% | +0.2% | +6.4% |
| 2020 | -13.7% | -16.0% | +13.9% |
| 2019 | +12.3% | +9.7% | +15.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cultural Arts Center Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Cultural Arts Center Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $10K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers. This is highly unusual for an organization of its size and suggests a strong volunteer-driven leadership or that compensation is covered by other means not reported as officer compensation, which would be a significant strength in terms of directing funds to mission.
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 Cultural Arts Center Inc's IRS 990 filings:
- Occasional operating deficits where expenses exceed revenue (e.g., $10,189 deficit in 202309, $13,421 deficit in 202209).
Strengths
The following positive indicators were identified for Cultural Arts Center Inc:
- Consistent 0% officer compensation across all filings, indicating high efficiency and dedication of funds to mission.
- Low liabilities relative to assets, demonstrating good financial management.
- Consistent IRS 990 filing history (13 filings), indicating strong transparency and compliance.
- Stable revenue and asset base over a decade, suggesting resilience and consistent community support.
Frequently Asked Questions about Cultural Arts Center Inc
Is Cultural Arts Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cultural Arts Center Inc (EIN: 204298439) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Cultural Arts Center Inc spend its money?
Cultural Arts Center Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cultural Arts Center Inc tax-deductible?
Cultural Arts Center Inc is registered as a tax-exempt nonprofit (EIN: 204298439). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Cultural Arts Center Inc financially stable?
Yes, the organization appears financially stable. While it has experienced minor deficits in some years (e.g., 202309 expenses exceeded revenue by $10,189), its low liabilities (e.g., $4,251 in 202309) and consistent asset base (e.g., $153,963 in 202309) suggest it can manage these fluctuations.
How efficient is Cultural Arts Center Inc's spending?
The organization demonstrates high spending efficiency, particularly with 0% reported officer compensation across all filings. This indicates that a very large portion of its expenses are likely directed towards program delivery and essential administrative functions, rather than executive salaries.
Does Cultural Arts Center Inc have high administrative costs?
Based on the 0% officer compensation, it is highly unlikely that Cultural Arts Center Inc has high administrative costs. The absence of executive salaries suggests a lean operational structure, maximizing funds for its mission.
Filing History
IRS 990 filing history for Cultural Arts Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cultural Arts Center Inc's revenue has declined by 43%, moving from $332K to $189K. Total assets increased by 8.1% over the same period, from $142K to $154K. Total functional expenses fell by 37.5%, from $319K to $199K. In its most recent filing year (2023), Cultural Arts Center Inc reported a deficit of $10K, with expenses exceeding revenue. The organization holds $4K in liabilities against $154K in assets (debt-to-asset ratio: 2.8%), resulting in net assets of $150K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $189K | $199K | $154K | $4K | — | View 990 |
| 2022 | $176K | $189K | $164K | $2K | — | View 990 |
| 2021 | $176K | $179K | $189K | $2K | — | View 990 |
| 2020 | $204K | $178K | $178K | $5K | — | View 990 |
| 2019 | $237K | $212K | $156K | $4K | — | View 990 |
| 2018 | $211K | $193K | $135K | $7K | — | View 990 |
| 2017 | $211K | $213K | $124K | $13K | — | View 990 |
| 2016 | $231K | $234K | $124K | $12K | — | View 990 |
| 2015 | $235K | $223K | $118K | $2K | — | View 990 |
| 2014 | $214K | $209K | $117K | $14K | — | View 990 |
| 2013 | $223K | $214K | $111K | $13K | — | View 990 |
| 2012 | $223K | $250K | $107K | $18K | — | View 990 |
| 2011 | $332K | $319K | $142K | $27K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $189K, expenses of $199K, and assets of $154K (revenue +7.7% year-over-year).
- 2022: Revenue of $176K, expenses of $189K, and assets of $164K (revenue -0.2% year-over-year).
- 2021: Revenue of $176K, expenses of $179K, and assets of $189K (revenue -13.7% year-over-year).
- 2020: Revenue of $204K, expenses of $178K, and assets of $178K (revenue -13.7% year-over-year).
- 2019: Revenue of $237K, expenses of $212K, and assets of $156K (revenue +12.3% year-over-year).
- 2018: Revenue of $211K, expenses of $193K, and assets of $135K (revenue -0.3% year-over-year).
- 2017: Revenue of $211K, expenses of $213K, and assets of $124K (revenue -8.6% year-over-year).
- 2016: Revenue of $231K, expenses of $234K, and assets of $124K (revenue -1.6% year-over-year).
- 2015: Revenue of $235K, expenses of $223K, and assets of $118K (revenue +9.7% year-over-year).
- 2014: Revenue of $214K, expenses of $209K, and assets of $117K (revenue -4.0% year-over-year).
- 2013: Revenue of $223K, expenses of $214K, and assets of $111K (revenue -0.1% year-over-year).
- 2012: Revenue of $223K, expenses of $250K, and assets of $107K (revenue -32.7% year-over-year).
- 2011: Revenue of $332K, expenses of $319K, and assets of $142K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cultural Arts Center Inc:
Data Sources and Methodology
This transparency report for Cultural Arts Center 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.