James Burton International Guitar Festival
EIN: 522447991 · Shreveport, LA · NTEE: O129
| Metric | Value |
|---|---|
| Total Revenue | $125K |
| Net Assets | $40K |
Is James Burton International Guitar Festival Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About James Burton International Guitar Festival
James Burton International Guitar Festival (EIN: 522447991) is a nonprofit organization based in Shreveport, LA, classified under NTEE code O129. The organization reported total revenue of $125K and total assets of $42K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of James Burton International Guitar Festival's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
James Burton International Guitar Festival is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $14K |
| Total Expenses | $0 |
| Surplus / Deficit | +$14K |
| Total Assets | $65K |
| Total Liabilities | $25K |
| Net Assets | $40K |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 38.8% |
Financial Health Grade: A
In 2023, James Burton International Guitar Festival reported a surplus of $14K with revenue exceeding expenses, has a debt-to-asset ratio of 38.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), James Burton International Guitar Festival's revenue has declined at a compound annual growth rate (CAGR) of -7.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -194.6% | — | -32.1% |
| 2019 | -172.8% | — | -20.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for James Burton International Guitar Festival 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 James Burton International Guitar Festival 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:
- Debt-to-asset ratio: 38.8%.
Frequently Asked Questions about James Burton International Guitar Festival
Is James Burton International Guitar Festival a legitimate charity?
James Burton International Guitar Festival (EIN: 522447991) is a registered tax-exempt nonprofit based in Louisiana. It has 13 years of IRS 990 filings on record. Total revenue: $125K. No red flags identified. Financial health grade: A.
How does James Burton International Guitar Festival spend its money?
James Burton International Guitar Festival reported $125K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to James Burton International Guitar Festival tax-deductible?
James Burton International Guitar Festival is registered as a tax-exempt nonprofit (EIN: 522447991). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is James Burton International Guitar Festival located?
James Burton International Guitar Festival is headquartered in Shreveport, Louisiana and files with the IRS under EIN 522447991. It is classified under NTEE code O129.
How many years of IRS 990 filings does James Burton International Guitar Festival have?
James Burton International Guitar Festival 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 $125K in total revenue.
Filing History
IRS 990 filing history for James Burton International Guitar Festival showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), James Burton International Guitar Festival's revenue has declined by 62.9%, moving from $37K to $14K. Total assets increased by 29.9% over the same period, from $50K to $65K. Total functional expenses fell by 100%, from $26K to $0. The organization holds $25K in liabilities against $65K in assets (debt-to-asset ratio: 38.8%), resulting in net assets of $40K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $14K | $0 | $65K | $25K | — | View 990 |
| 2022 | $-21,619 | $0 | $65K | $36K | — | — |
| 2021 | $23K | $0 | $96K | $35K | — | View 990 |
| 2020 | $-14,896 | $0 | $75K | $35K | — | — |
| 2019 | $-19,581 | $3K | $97K | $43K | — | View 990 |
| 2018 | $27K | $0 | $123K | $43K | — | View 990 |
| 2017 | $24K | $0 | $103K | $43K | — | View 990 |
| 2016 | $11K | $1K | $89K | $43K | — | View 990 |
| 2015 | $60K | $0 | $1 | $0 | — | View 990 |
| 2014 | $122K | $60K | $126K | $75K | — | — |
| 2013 | $51K | $40K | $42K | $53K | — | View 990 |
| 2012 | $54K | $53K | $51K | $74K | — | View 990 |
| 2011 | $37K | $26K | $50K | $73K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14K, expenses of $0, and assets of $65K.
- 2022: Revenue of $-21,619, expenses of $0, and assets of $65K (revenue -194.6% year-over-year).
- 2021: Revenue of $23K, expenses of $0, and assets of $96K.
- 2020: Revenue of $-14,896, expenses of $0, and assets of $75K.
- 2019: Revenue of $-19,581, expenses of $3K, and assets of $97K (revenue -172.8% year-over-year).
- 2018: Revenue of $27K, expenses of $0, and assets of $123K (revenue +13.6% year-over-year).
- 2017: Revenue of $24K, expenses of $0, and assets of $103K (revenue +119.2% year-over-year).
- 2016: Revenue of $11K, expenses of $1K, and assets of $89K (revenue -82.0% year-over-year).
- 2015: Revenue of $60K, expenses of $0, and assets of $1 (revenue -50.9% year-over-year).
- 2014: Revenue of $122K, expenses of $60K, and assets of $126K (revenue +138.6% year-over-year).
- 2013: Revenue of $51K, expenses of $40K, and assets of $42K (revenue -4.9% year-over-year).
- 2012: Revenue of $54K, expenses of $53K, and assets of $51K (revenue +45.1% year-over-year).
- 2011: Revenue of $37K, expenses of $26K, and assets of $50K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for James Burton International Guitar Festival:
Data Sources and Methodology
This transparency report for James Burton International Guitar Festival 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.