Las Vegas Blues Society
EIN: 562571810 · Las Vegas, NV · NTEE: A68
| Metric | Value |
|---|---|
| Total Revenue | $31K |
| Total Expenses | $33K |
| Net Assets | $17K |
Is Las Vegas Blues Society Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Las Vegas Blues Society
Las Vegas Blues Society (EIN: 562571810) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code A68. The organization reported total revenue of $31K and total assets of $18K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Las Vegas Blues Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Las Vegas Blues Society is a micro nonprofit that has been operating for 9 years, with 10 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 13.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $27K |
| Total Expenses | $33K |
| Surplus / Deficit | $-6,415 |
| Total Assets | $17K |
| Total Liabilities | $1 |
| Net Assets | $17K |
| Operating Margin | -24.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 6.2 months |
Financial Health Grade: B
In 2023, Las Vegas Blues Society reported a deficit of $6K with expenses exceeding revenue, holds 6.2 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 (2013–2023), Las Vegas Blues Society's revenue has grown at a compound annual growth rate (CAGR) of 13.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.1% | +50.9% | -27.3% |
| 2022 | +63.4% | +48.3% | +45.5% |
| 2021 | +71.4% | -3.1% | +24.2% |
| 2020 | -57.7% | -8.2% | -26.8% |
| 2019 | +83.4% | +87.3% | +286.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Las Vegas Blues Society 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 Las Vegas Blues Society 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 $6K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Las Vegas Blues Society
Is Las Vegas Blues Society a legitimate charity?
Las Vegas Blues Society (EIN: 562571810) is a registered tax-exempt nonprofit based in Nevada. It has 10 years of IRS 990 filings on record. Total revenue: $31K. No red flags identified. Financial health grade: B.
How does Las Vegas Blues Society spend its money?
Las Vegas Blues Society reported $31K 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 Las Vegas Blues Society tax-deductible?
Las Vegas Blues Society is registered as a tax-exempt nonprofit (EIN: 562571810). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Las Vegas Blues Society located?
Las Vegas Blues Society is headquartered in Las Vegas, Nevada and files with the IRS under EIN 562571810. It is classified under NTEE code A68.
How many years of IRS 990 filings does Las Vegas Blues Society have?
Las Vegas Blues Society 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 $31K in total revenue.
Filing History
IRS 990 filing history for Las Vegas Blues Society showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2013–2023), Las Vegas Blues Society's revenue has grown by 263.8%, moving from $7K to $27K. Total assets increased by 5042.5% over the same period, from $332 to $17K. Total functional expenses rose by 272.2%, from $9K to $33K. In its most recent filing year (2023), Las Vegas Blues Society reported a deficit of $6K, with expenses exceeding revenue. The organization holds $1 in liabilities against $17K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $17K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $27K | $33K | $17K | $1 | — | — |
| 2022 | $29K | $22K | $23K | $1 | — | View 990 |
| 2021 | $18K | $15K | $16K | $1 | — | — |
| 2020 | $10K | $15K | $13K | $1 | — | — |
| 2019 | $25K | $17K | $18K | $0 | — | View 990 |
| 2018 | $13K | $9K | $5K | $0 | — | View 990 |
| 2017 | $3K | $3K | $4K | $0 | — | View 990 |
| 2015 | $2K | $2K | $653 | $0 | — | View 990 |
| 2014 | $3K | $2K | $1K | $0 | — | View 990 |
| 2013 | $7K | $9K | $332 | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $27K, expenses of $33K, and assets of $17K (revenue -9.1% year-over-year).
- 2022: Revenue of $29K, expenses of $22K, and assets of $23K (revenue +63.4% year-over-year).
- 2021: Revenue of $18K, expenses of $15K, and assets of $16K (revenue +71.4% year-over-year).
- 2020: Revenue of $10K, expenses of $15K, and assets of $13K (revenue -57.7% year-over-year).
- 2019: Revenue of $25K, expenses of $17K, and assets of $18K (revenue +83.4% year-over-year).
- 2018: Revenue of $13K, expenses of $9K, and assets of $5K (revenue +291.9% year-over-year).
- 2017: Revenue of $3K, expenses of $3K, and assets of $4K (revenue +107.3% year-over-year).
- 2015: Revenue of $2K, expenses of $2K, and assets of $653 (revenue -43.1% year-over-year).
- 2014: Revenue of $3K, expenses of $2K, and assets of $1K (revenue -60.2% year-over-year).
- 2013: Revenue of $7K, expenses of $9K, and assets of $332.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Las Vegas Blues Society:
Data Sources and Methodology
This transparency report for Las Vegas Blues Society 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.