Madison Art And Innovation Center
EIN: 922518138 · Madison, MN · NTEE: P28
| Metric | Value |
|---|---|
| Total Revenue | $216K |
| Net Assets | $25K |
Is Madison Art And Innovation Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Madison Art And Innovation Center
Madison Art And Innovation Center (EIN: 922518138) is a nonprofit organization based in Madison, MN, classified under NTEE code P28. The organization reported total revenue of $216K and total assets of $164K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Madison Art And Innovation Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Madison Art And Innovation Center is a small nonprofit that has been operating for 3 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $25K |
| Total Expenses | $0 |
| Surplus / Deficit | +$25K |
| Total Assets | $25K |
| Net Assets | $25K |
| Operating Margin | 100.0% |
Financial Health Grade: A
In 2023, Madison Art And Innovation Center reported a surplus of $25K with revenue exceeding expenses.
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Madison Art And Innovation Center 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 Madison Art And Innovation Center 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:
Frequently Asked Questions about Madison Art And Innovation Center
Is Madison Art And Innovation Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Madison Art And Innovation Center (EIN: 922518138) insufficient data. 0 red flags identified, 0 strengths noted.
How does Madison Art And Innovation Center spend its money?
Detailed spending breakdown data is not yet available for Madison Art And Innovation Center. Check back for updated IRS 990 analysis.
Are donations to Madison Art And Innovation Center tax-deductible?
Madison Art And Innovation Center is registered as a tax-exempt nonprofit (EIN: 922518138). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Madison Art And Innovation Center located?
Madison Art And Innovation Center is headquartered in Madison, Minnesota and files with the IRS under EIN 922518138. It is classified under NTEE code P28.
Filing History
IRS 990 filing history for Madison Art And Innovation Center showing financial trends over 1 year of public records:
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $25K | $0 | $25K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Madison Art And Innovation Center:
Data Sources and Methodology
This transparency report for Madison Art And Innovation Center 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.