Koch Cultural Trust
EIN: 480989992 · Wichita, KS
| Metric | Value |
|---|---|
| Total Revenue | $154K |
| Total Expenses | $123K |
| Net Assets | $21K |
Is Koch Cultural Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Koch Cultural Trust
Koch Cultural Trust (EIN: 480989992) is a nonprofit organization based in Wichita, KS. The organization reported total revenue of $154K and total assets of $68K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Koch Cultural Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Koch Cultural Trust is a small nonprofit that has been operating for 41 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $120K |
| Total Expenses | $123K |
| Surplus / Deficit | $-2,504 |
| Total Assets | $25K |
| Total Liabilities | $4K |
| Net Assets | $21K |
| Operating Margin | -2.1% |
| Debt-to-Asset Ratio | 17.2% |
| Months of Reserves | 2.5 months |
Financial Health Grade: C
In 2023, Koch Cultural Trust reported a deficit of $3K with expenses exceeding revenue, holds 2.5 months of operating reserves (limited), has a debt-to-asset ratio of 17.2% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Koch Cultural Trust's revenue has declined at a compound annual growth rate (CAGR) of -1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.0% | -8.4% | -39.8% |
| 2022 | +8.7% | +44.5% | -8.3% |
| 2021 | -4.2% | -38.7% | -20.8% |
| 2020 | +0.0% | +30.5% | +40.7% |
| 2019 | -17.2% | -14.9% | +24.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Koch Cultural Trust 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 Koch Cultural Trust 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 $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 17.2%.
Frequently Asked Questions about Koch Cultural Trust
Is Koch Cultural Trust a legitimate charity?
Koch Cultural Trust (EIN: 480989992) is a registered tax-exempt nonprofit based in Kansas. It has 10 years of IRS 990 filings on record. Total revenue: $154K. No red flags identified. Financial health grade: C.
How does Koch Cultural Trust spend its money?
Koch Cultural Trust reported $154K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Koch Cultural Trust tax-deductible?
Koch Cultural Trust is registered as a tax-exempt nonprofit (EIN: 480989992). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Koch Cultural Trust located?
Koch Cultural Trust is headquartered in Wichita, Kansas and files with the IRS under EIN 480989992.
How many years of IRS 990 filings does Koch Cultural Trust have?
Koch Cultural Trust 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 $154K in total revenue.
Filing History
IRS 990 filing history for Koch Cultural Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Koch Cultural Trust's revenue has declined by 19.1%, moving from $148K to $120K. Total assets increased by 541.3% over the same period, from $4K to $25K. Total functional expenses fell by 19.3%, from $152K to $123K. In its most recent filing year (2023), Koch Cultural Trust reported a deficit of $3K, with expenses exceeding revenue. The organization holds $4K in liabilities against $25K in assets (debt-to-asset ratio: 17.2%), resulting in net assets of $21K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $120K | $123K | $25K | $4K | — | — |
| 2022 | $125K | $134K | $42K | $19K | — | View 990 |
| 2021 | $115K | $93K | $46K | $14K | — | View 990 |
| 2020 | $120K | $151K | $58K | $48K | — | — |
| 2019 | $120K | $116K | $41K | $510 | — | View 990 |
| 2015 | $145K | $136K | $33K | $8K | — | View 990 |
| 2014 | $139K | $139K | $20K | $4K | — | View 990 |
| 2013 | $137K | $139K | $21K | $4K | — | View 990 |
| 2012 | $164K | $142K | $24K | $5K | — | View 990 |
| 2011 | $148K | $152K | $4K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $120K, expenses of $123K, and assets of $25K (revenue -4.0% year-over-year).
- 2022: Revenue of $125K, expenses of $134K, and assets of $42K (revenue +8.7% year-over-year).
- 2021: Revenue of $115K, expenses of $93K, and assets of $46K (revenue -4.2% year-over-year).
- 2020: Revenue of $120K, expenses of $151K, and assets of $58K (revenue +0.0% year-over-year).
- 2019: Revenue of $120K, expenses of $116K, and assets of $41K (revenue -17.2% year-over-year).
- 2015: Revenue of $145K, expenses of $136K, and assets of $33K (revenue +4.3% year-over-year).
- 2014: Revenue of $139K, expenses of $139K, and assets of $20K (revenue +1.4% year-over-year).
- 2013: Revenue of $137K, expenses of $139K, and assets of $21K (revenue -16.5% year-over-year).
- 2012: Revenue of $164K, expenses of $142K, and assets of $24K (revenue +10.8% year-over-year).
- 2011: Revenue of $148K, expenses of $152K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Koch Cultural Trust:
Data Sources and Methodology
This transparency report for Koch Cultural Trust 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.