Downtown Columbia Arts And Culture Commission Inc
EIN: 463894828 · Columbia, MD · NTEE: A99
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $3.0M |
| Net Assets | $40.7M |
Is Downtown Columbia Arts And Culture Commission Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Downtown Columbia Arts And Culture Commission Inc
Downtown Columbia Arts And Culture Commission Inc (EIN: 463894828) is a nonprofit organization based in Columbia, MD, classified under NTEE code A99. The organization reported total revenue of $1.7M and total assets of $51.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Downtown Columbia Arts And Culture Commission Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Downtown Columbia Arts And Culture Commission Inc is a mid-size nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 12.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $3.0M |
| Surplus / Deficit | $-1,477,148 |
| Total Assets | $53.6M |
| Total Liabilities | $12.8M |
| Net Assets | $40.7M |
| Operating Margin | -99.8% |
| Debt-to-Asset Ratio | 24.0% |
| Months of Reserves | 217.4 months |
Financial Health Grade: B
In 2023, Downtown Columbia Arts And Culture Commission Inc reported a deficit of $1.5M with expenses exceeding revenue, holds 217.4 months of operating reserves (strong position), has a debt-to-asset ratio of 24.0% (moderate leverage).
Financial Trends
Over 11 years of filings (2014–2023), Downtown Columbia Arts And Culture Commission Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -31.3% | +23.6% | -3.5% |
| 2022 | -65.2% | +9.5% | -1.3% |
| 2021 | +47.0% | +9.9% | +0.1% |
| 2020 | +176.6% | -8.2% | +6.2% |
| 2019 | -86.3% | +22.7% | +1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Downtown Columbia Arts And Culture Commission 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 Downtown Columbia Arts And Culture Commission 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 deficit of $1.5M, with expenses exceeding revenue.
- Debt-to-asset ratio: 24.0%.
Frequently Asked Questions about Downtown Columbia Arts And Culture Commission Inc
Is Downtown Columbia Arts And Culture Commission Inc a legitimate charity?
Downtown Columbia Arts And Culture Commission Inc (EIN: 463894828) is a registered tax-exempt nonprofit based in Maryland. It has 11 years of IRS 990 filings on record. Total revenue: $1.7M. No red flags identified. Financial health grade: B.
How does Downtown Columbia Arts And Culture Commission Inc spend its money?
Downtown Columbia Arts And Culture Commission Inc reported $1.7M in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Downtown Columbia Arts And Culture Commission Inc tax-deductible?
Downtown Columbia Arts And Culture Commission Inc is registered as a tax-exempt nonprofit (EIN: 463894828). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Downtown Columbia Arts And Culture Commission Inc located?
Downtown Columbia Arts And Culture Commission Inc is headquartered in Columbia, Maryland and files with the IRS under EIN 463894828. It is classified under NTEE code A99.
How many years of IRS 990 filings does Downtown Columbia Arts And Culture Commission Inc have?
Downtown Columbia Arts And Culture Commission Inc has 11 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 $1.7M in total revenue.
Filing History
IRS 990 filing history for Downtown Columbia Arts And Culture Commission Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2014–2023), Downtown Columbia Arts And Culture Commission Inc's revenue has grown by 195.9%, moving from $500K to $1.5M. Total assets increased by 11926.2% over the same period, from $445K to $53.6M. Total functional expenses rose by 4327.7%, from $67K to $3.0M. In its most recent filing year (2023), Downtown Columbia Arts And Culture Commission Inc reported a deficit of $1.5M, with expenses exceeding revenue. The organization holds $12.8M in liabilities against $53.6M in assets (debt-to-asset ratio: 24.0%), resulting in net assets of $40.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $3.0M | $53.6M | $12.8M | — | — |
| 2022 | $2.2M | $2.4M | $55.5M | $13.3M | — | — |
| 2021 | $6.2M | $2.2M | $56.2M | $13.8M | — | View 990 |
| 2020 | $4.2M | $2.0M | $56.2M | $17.8M | — | View 990 |
| 2019 | $1.5M | $2.2M | $52.9M | $16.7M | — | View 990 |
| 2018 | $11.1M | $1.8M | $52.0M | $15.1M | — | View 990 |
| 2017 | $9.2M | $1.2M | $44.4M | $16.9M | — | View 990 |
| 2017 | $11.8M | $2.3M | $35.4M | $15.8M | — | View 990 |
| 2016 | $27K | $137K | $10.2M | $44K | — | View 990 |
| 2015 | $10.0M | $152K | $10.3M | $2K | — | View 990 |
| 2014 | $500K | $67K | $445K | $12K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $3.0M, and assets of $53.6M (revenue -31.3% year-over-year).
- 2022: Revenue of $2.2M, expenses of $2.4M, and assets of $55.5M (revenue -65.2% year-over-year).
- 2021: Revenue of $6.2M, expenses of $2.2M, and assets of $56.2M (revenue +47.0% year-over-year).
- 2020: Revenue of $4.2M, expenses of $2.0M, and assets of $56.2M (revenue +176.6% year-over-year).
- 2019: Revenue of $1.5M, expenses of $2.2M, and assets of $52.9M (revenue -86.3% year-over-year).
- 2018: Revenue of $11.1M, expenses of $1.8M, and assets of $52.0M (revenue +21.1% year-over-year).
- 2017: Revenue of $9.2M, expenses of $1.2M, and assets of $44.4M (revenue -22.2% year-over-year).
- 2017: Revenue of $11.8M, expenses of $2.3M, and assets of $35.4M (revenue +43815.2% year-over-year).
- 2016: Revenue of $27K, expenses of $137K, and assets of $10.2M (revenue -99.7% year-over-year).
- 2015: Revenue of $10.0M, expenses of $152K, and assets of $10.3M (revenue +1900.0% year-over-year).
- 2014: Revenue of $500K, expenses of $67K, and assets of $445K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Downtown Columbia Arts And Culture Commission Inc:
Data Sources and Methodology
This transparency report for Downtown Columbia Arts And Culture Commission 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.