Lynnville Area Arts Association Inc
EIN: 621864717 · Pulaski, TN · NTEE: A65
| Metric | Value |
|---|---|
| Total Revenue | $369K |
| Total Expenses | $78K |
| Net Assets | $763K |
Is Lynnville Area Arts Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lynnville Area Arts Association Inc
Lynnville Area Arts Association Inc (EIN: 621864717) is a nonprofit organization based in Pulaski, TN, classified under NTEE code A65. The organization reported total revenue of $369K and total assets of $963K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lynnville Area Arts Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lynnville Area Arts Association Inc is a small nonprofit that has been operating for 22 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 9.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $199K |
| Total Expenses | $78K |
| Surplus / Deficit | +$120K |
| Total Assets | $763K |
| Net Assets | $763K |
| Operating Margin | 60.6% |
| Months of Reserves | 117.1 months |
Financial Health Grade: A
In 2023, Lynnville Area Arts Association Inc reported a surplus of $120K with revenue exceeding expenses, holds 117.1 months of operating reserves (strong position).
Financial Trends
Over 9 years of filings (2015–2023), Lynnville Area Arts Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +97.0% | -32.5% | +18.7% |
| 2023 | +38.7% | +21.1% | -2.3% |
| 2022 | +9.7% | +13.8% | -3.4% |
| 2021 | -66.0% | -13.5% | +97.6% |
| 2019 | +176.1% | +71.7% | +44.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lynnville Area Arts Association 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 Lynnville Area Arts Association 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $120K, with revenue exceeding expenses.
Frequently Asked Questions about Lynnville Area Arts Association Inc
Is Lynnville Area Arts Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lynnville Area Arts Association Inc (EIN: 621864717) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lynnville Area Arts Association Inc spend its money?
Detailed spending breakdown data is not yet available for Lynnville Area Arts Association Inc. Check back for updated IRS 990 analysis.
Are donations to Lynnville Area Arts Association Inc tax-deductible?
Lynnville Area Arts Association Inc is registered as a tax-exempt nonprofit (EIN: 621864717). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lynnville Area Arts Association Inc located?
Lynnville Area Arts Association Inc is headquartered in Pulaski, Tennessee and files with the IRS under EIN 621864717. It is classified under NTEE code A65.
How many years of IRS 990 filings does Lynnville Area Arts Association Inc have?
Lynnville Area Arts Association Inc has 9 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 $369K in total revenue.
Filing History
IRS 990 filing history for Lynnville Area Arts Association Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Lynnville Area Arts Association Inc's revenue has grown by 103.4%, moving from $98K to $199K. Total assets increased by 293.5% over the same period, from $194K to $763K. Total functional expenses rose by 94%, from $40K to $78K. In its most recent filing year (2023), Lynnville Area Arts Association Inc reported a surplus of $120K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $199K | $78K | $763K | $0 | — | — |
| 2023 | $101K | $116K | $643K | $0 | — | View 990 |
| 2022 | $73K | $96K | $658K | $0 | — | View 990 |
| 2021 | $66K | $84K | $681K | $0 | — | — |
| 2019 | $195K | $97K | $345K | $86K | — | View 990 |
| 2018 | $71K | $57K | $239K | $78K | — | View 990 |
| 2017 | $131K | $60K | $239K | $92K | — | View 990 |
| 2016 | $65K | $49K | $185K | $109K | — | View 990 |
| 2015 | $98K | $40K | $194K | $134K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $199K, expenses of $78K, and assets of $763K (revenue +97.0% year-over-year).
- 2023: Revenue of $101K, expenses of $116K, and assets of $643K (revenue +38.7% year-over-year).
- 2022: Revenue of $73K, expenses of $96K, and assets of $658K (revenue +9.7% year-over-year).
- 2021: Revenue of $66K, expenses of $84K, and assets of $681K (revenue -66.0% year-over-year).
- 2019: Revenue of $195K, expenses of $97K, and assets of $345K (revenue +176.1% year-over-year).
- 2018: Revenue of $71K, expenses of $57K, and assets of $239K (revenue -45.8% year-over-year).
- 2017: Revenue of $131K, expenses of $60K, and assets of $239K (revenue +101.3% year-over-year).
- 2016: Revenue of $65K, expenses of $49K, and assets of $185K (revenue -33.6% year-over-year).
- 2015: Revenue of $98K, expenses of $40K, and assets of $194K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lynnville Area Arts Association Inc:
Data Sources and Methodology
This transparency report for Lynnville Area Arts Association 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.