Glema Mahr Center For The Arts Charitable Tr
EIN: 276339403 · Evansville, IN · NTEE: T111
| Metric | Value |
|---|---|
| Total Revenue | $440K |
| Total Expenses | $78K |
| Net Assets | $999K |
Is Glema Mahr Center For The Arts Charitable Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Glema Mahr Center For The Arts Charitable Tr
Glema Mahr Center For The Arts Charitable Tr (EIN: 276339403) is a nonprofit organization based in Evansville, IN, classified under NTEE code T111. The organization reported total revenue of $440K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Glema Mahr Center For The Arts Charitable Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Glema Mahr Center For The Arts Charitable Tr is a small nonprofit that has been operating for 15 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 16.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $358K |
| Total Expenses | $78K |
| Surplus / Deficit | +$280K |
| Total Assets | $999K |
| Total Liabilities | $1 |
| Net Assets | $999K |
| Operating Margin | 78.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 153.8 months |
Financial Health Grade: A
In 2023, Glema Mahr Center For The Arts Charitable Tr reported a surplus of $280K with revenue exceeding expenses, holds 153.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Glema Mahr Center For The Arts Charitable Tr's revenue has grown at a compound annual growth rate (CAGR) of 16.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +476.0% | -22.2% | +38.9% |
| 2022 | -43.7% | +16.6% | -5.0% |
| 2021 | +221.6% | +14.4% | +3.3% |
| 2020 | -20.5% | +8.6% | -5.3% |
| 2019 | -40.6% | -14.2% | -2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Glema Mahr Center For The Arts Charitable Tr 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 Glema Mahr Center For The Arts Charitable Tr 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 $280K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Glema Mahr Center For The Arts Charitable Tr
Is Glema Mahr Center For The Arts Charitable Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Glema Mahr Center For The Arts Charitable Tr (EIN: 276339403) insufficient data. 0 red flags identified, 0 strengths noted.
How does Glema Mahr Center For The Arts Charitable Tr spend its money?
Detailed spending breakdown data is not yet available for Glema Mahr Center For The Arts Charitable Tr. Check back for updated IRS 990 analysis.
Are donations to Glema Mahr Center For The Arts Charitable Tr tax-deductible?
Glema Mahr Center For The Arts Charitable Tr is registered as a tax-exempt nonprofit (EIN: 276339403). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Glema Mahr Center For The Arts Charitable Tr located?
Glema Mahr Center For The Arts Charitable Tr is headquartered in Evansville, Indiana and files with the IRS under EIN 276339403. It is classified under NTEE code T111.
How many years of IRS 990 filings does Glema Mahr Center For The Arts Charitable Tr have?
Glema Mahr Center For The Arts Charitable Tr has 10 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 $440K in total revenue.
Filing History
IRS 990 filing history for Glema Mahr Center For The Arts Charitable Tr showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Glema Mahr Center For The Arts Charitable Tr's revenue has grown by 550.2%, moving from $55K to $358K. Total assets increased by 10.9% over the same period, from $901K to $999K. Total functional expenses rose by 13.9%, from $68K to $78K. In its most recent filing year (2023), Glema Mahr Center For The Arts Charitable Tr reported a surplus of $280K, with revenue exceeding expenses. The organization holds $1 in liabilities against $999K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $999K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $358K | $78K | $999K | $1 | — | View 990 |
| 2022 | $62K | $100K | $719K | $1 | — | View 990 |
| 2021 | $110K | $86K | $757K | $1 | — | — |
| 2020 | $34K | $75K | $733K | $1 | — | — |
| 2019 | $43K | $69K | $774K | $1 | — | View 990 |
| 2015 | $73K | $81K | $794K | $0 | — | View 990 |
| 2014 | $73K | $75K | $802K | $0 | — | View 990 |
| 2013 | $-1,518 | $68K | $804K | $0 | — | View 990 |
| 2012 | $36K | $64K | $873K | $0 | — | View 990 |
| 2011 | $55K | $68K | $901K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $358K, expenses of $78K, and assets of $999K (revenue +476.0% year-over-year).
- 2022: Revenue of $62K, expenses of $100K, and assets of $719K (revenue -43.7% year-over-year).
- 2021: Revenue of $110K, expenses of $86K, and assets of $757K (revenue +221.6% year-over-year).
- 2020: Revenue of $34K, expenses of $75K, and assets of $733K (revenue -20.5% year-over-year).
- 2019: Revenue of $43K, expenses of $69K, and assets of $774K (revenue -40.6% year-over-year).
- 2015: Revenue of $73K, expenses of $81K, and assets of $794K (revenue -0.1% year-over-year).
- 2014: Revenue of $73K, expenses of $75K, and assets of $802K.
- 2013: Revenue of $-1,518, expenses of $68K, and assets of $804K (revenue -104.2% year-over-year).
- 2012: Revenue of $36K, expenses of $64K, and assets of $873K (revenue -34.4% year-over-year).
- 2011: Revenue of $55K, expenses of $68K, and assets of $901K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Glema Mahr Center For The Arts Charitable Tr:
Data Sources and Methodology
This transparency report for Glema Mahr Center For The Arts Charitable Tr 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.