Headwaters Council For The Performing Arts Inc
EIN: 930815000 · Eagle River, WI
| Metric | Value |
|---|---|
| Total Revenue | $87K |
| Total Expenses | $74K |
| Net Assets | $47K |
Is Headwaters Council For The Performing Arts Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Headwaters Council For The Performing Arts Inc
Headwaters Council For The Performing Arts Inc (EIN: 930815000) is a nonprofit organization based in Eagle River, WI. The organization reported total revenue of $87K and total assets of $51K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Headwaters Council For The Performing Arts Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Headwaters Council For The Performing Arts Inc is a micro nonprofit that has been operating for 44 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -3.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $64K |
| Total Expenses | $74K |
| Surplus / Deficit | $-10,141 |
| Total Assets | $47K |
| Net Assets | $47K |
| Operating Margin | -15.8% |
| Months of Reserves | 7.5 months |
Financial Health Grade: B
In 2024, Headwaters Council For The Performing Arts Inc reported a deficit of $10K with expenses exceeding revenue, holds 7.5 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Headwaters Council For The Performing Arts Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +20.3% | +649.2% | -68.9% |
| 2023 | +60.3% | +92.9% | +40.9% |
| 2022 | +4330.7% | +887.5% | +36.0% |
| 2021 | -99.2% | -99.3% | +0.3% |
| 2020 | +1.1% | -13.8% | +42.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Headwaters Council For The Performing Arts 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 Headwaters Council For The Performing Arts 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $10K, with expenses exceeding revenue.
Frequently Asked Questions about Headwaters Council For The Performing Arts Inc
Is Headwaters Council For The Performing Arts Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Headwaters Council For The Performing Arts Inc (EIN: 930815000) insufficient data. 0 red flags identified, 0 strengths noted.
How does Headwaters Council For The Performing Arts Inc spend its money?
Detailed spending breakdown data is not yet available for Headwaters Council For The Performing Arts Inc. Check back for updated IRS 990 analysis.
Are donations to Headwaters Council For The Performing Arts Inc tax-deductible?
Headwaters Council For The Performing Arts Inc is registered as a tax-exempt nonprofit (EIN: 930815000). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Headwaters Council For The Performing Arts Inc located?
Headwaters Council For The Performing Arts Inc is headquartered in Eagle River, Wisconsin and files with the IRS under EIN 930815000.
How many years of IRS 990 filings does Headwaters Council For The Performing Arts Inc have?
Headwaters Council For The Performing Arts Inc 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 $87K in total revenue.
Filing History
IRS 990 filing history for Headwaters Council For The Performing Arts Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Headwaters Council For The Performing Arts Inc's revenue has declined by 37.5%, moving from $103K to $64K. Total assets increased by 20.5% over the same period, from $39K to $47K. Total functional expenses fell by 17%, from $90K to $74K. In its most recent filing year (2024), Headwaters Council For The Performing Arts Inc reported a deficit of $10K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $64K | $74K | $47K | $0 | — | — |
| 2023 | $53K | $10K | $150K | $0 | — | View 990 |
| 2022 | $33K | $5K | $106K | $0 | — | — |
| 2021 | $752 | $521 | $78K | $0 | — | — |
| 2020 | $89K | $74K | $78K | $0 | — | View 990 |
| 2019 | $88K | $86K | $55K | $0 | — | View 990 |
| 2018 | $93K | $84K | $62K | $0 | — | View 990 |
| 2017 | $91K | $95K | $53K | $0 | — | View 990 |
| 2016 | $85K | $94K | $49K | $0 | — | View 990 |
| 2015 | $74K | $78K | $57K | $0 | — | View 990 |
| 2014 | $79K | $64K | $61K | $0 | — | View 990 |
| 2013 | $88K | $81K | $46K | $0 | — | View 990 |
| 2012 | $103K | $90K | $39K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $64K, expenses of $74K, and assets of $47K (revenue +20.3% year-over-year).
- 2023: Revenue of $53K, expenses of $10K, and assets of $150K (revenue +60.3% year-over-year).
- 2022: Revenue of $33K, expenses of $5K, and assets of $106K (revenue +4330.7% year-over-year).
- 2021: Revenue of $752, expenses of $521, and assets of $78K (revenue -99.2% year-over-year).
- 2020: Revenue of $89K, expenses of $74K, and assets of $78K (revenue +1.1% year-over-year).
- 2019: Revenue of $88K, expenses of $86K, and assets of $55K (revenue -6.0% year-over-year).
- 2018: Revenue of $93K, expenses of $84K, and assets of $62K (revenue +2.2% year-over-year).
- 2017: Revenue of $91K, expenses of $95K, and assets of $53K (revenue +7.0% year-over-year).
- 2016: Revenue of $85K, expenses of $94K, and assets of $49K (revenue +15.7% year-over-year).
- 2015: Revenue of $74K, expenses of $78K, and assets of $57K (revenue -7.0% year-over-year).
- 2014: Revenue of $79K, expenses of $64K, and assets of $61K (revenue -10.4% year-over-year).
- 2013: Revenue of $88K, expenses of $81K, and assets of $46K (revenue -14.0% year-over-year).
- 2012: Revenue of $103K, expenses of $90K, and assets of $39K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Headwaters Council For The Performing Arts Inc:
Data Sources and Methodology
This transparency report for Headwaters Council For The Performing Arts 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.