Holmes Center For The Arts Ltd
EIN: 473491590 · Millersburg, OH · NTEE: A25
Is Holmes Center For The Arts Ltd Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Holmes Center For The Arts Ltd
Holmes Center For The Arts Ltd (EIN: 473491590) is a nonprofit organization based in Millersburg, OH, classified under NTEE code A25. The organization reported total revenue of $571K and total assets of $3.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Holmes Center For The Arts Ltd's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Holmes Center For The Arts Ltd 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 Holmes Center For The Arts Ltd 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.
Frequently Asked Questions about Holmes Center For The Arts Ltd
Is Holmes Center For The Arts Ltd a legitimate charity?
Based on AI analysis of IRS 990 filings, Holmes Center For The Arts Ltd (EIN: 473491590) insufficient data. 0 red flags identified, 0 strengths noted.
How does Holmes Center For The Arts Ltd spend its money?
Detailed spending breakdown data is not yet available for Holmes Center For The Arts Ltd. Check back for updated IRS 990 analysis.
Are donations to Holmes Center For The Arts Ltd tax-deductible?
Holmes Center For The Arts Ltd is registered as a tax-exempt nonprofit (EIN: 473491590). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Holmes Center For The Arts Ltd showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Holmes Center For The Arts Ltd's revenue has grown by 672.5%, moving from $131K to $1.0M. Total assets increased by 4833.5% over the same period, from $66K to $3.3M. Total functional expenses rose by 286.2%, from $77K to $297K. In its most recent filing year (2023), Holmes Center For The Arts Ltd reported a surplus of $718K, with revenue exceeding expenses. The organization holds $432K in liabilities against $3.3M in assets (debt-to-asset ratio: 13.2%), resulting in net assets of $2.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $297K | $3.3M | $432K | — | View 990 |
| 2022 | $1.1M | $295K | $2.6M | $449K | — | View 990 |
| 2021 | $855K | $154K | $2.0M | $702K | — | View 990 |
| 2020 | $204K | $110K | $667K | $33K | — | — |
| 2019 | $571K | $141K | $541K | $575 | — | View 990 |
| 2018 | $145K | $138K | $110K | $0 | — | View 990 |
| 2017 | $145K | $108K | $104K | $0 | — | View 990 |
| 2016 | $131K | $77K | $66K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $297K, and assets of $3.3M (revenue -6.6% year-over-year).
- 2022: Revenue of $1.1M, expenses of $295K, and assets of $2.6M (revenue +27.2% year-over-year).
- 2021: Revenue of $855K, expenses of $154K, and assets of $2.0M (revenue +318.8% year-over-year).
- 2020: Revenue of $204K, expenses of $110K, and assets of $667K (revenue -64.3% year-over-year).
- 2019: Revenue of $571K, expenses of $141K, and assets of $541K (revenue +294.8% year-over-year).
- 2018: Revenue of $145K, expenses of $138K, and assets of $110K (revenue -0.5% year-over-year).
- 2017: Revenue of $145K, expenses of $108K, and assets of $104K (revenue +10.6% year-over-year).
- 2016: Revenue of $131K, expenses of $77K, and assets of $66K.
Data Sources and Methodology
This transparency report for Holmes Center For The Arts Ltd 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.