Mardi Gras Inc
EIN: 431903131 · Saint Louis, MO · NTEE: N52
| Metric | Value |
|---|---|
| Total Expenses | $1.2M |
| Net Assets | $6K |
Is Mardi Gras Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mardi Gras Inc
Mardi Gras Inc (EIN: 431903131) is a nonprofit organization based in Saint Louis, MO, classified under NTEE code N52. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mardi Gras Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mardi Gras Inc is a mid-size nonprofit that has been operating for 3 years, with 4 years of IRS 990 filings on record (2013–2016). Revenue has grown at a compound annual rate of -10.3%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-102,531 |
| Total Assets | $191K |
| Total Liabilities | $185K |
| Net Assets | $6K |
| Operating Margin | -9.4% |
| Debt-to-Asset Ratio | 96.9% |
| Months of Reserves | 1.9 months |
Financial Health Grade: D
In 2016, Mardi Gras Inc reported a deficit of $103K with expenses exceeding revenue, holds 1.9 months of operating reserves (limited), has a debt-to-asset ratio of 96.9% (high leverage).
Financial Trends
Over 4 years of filings (2013–2016), Mardi Gras Inc's revenue has declined at a compound annual growth rate (CAGR) of -10.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +4.6% | +6.2% | -17.4% |
| 2015 | -35.7% | -32.1% | -41.2% |
| 2014 | +7.3% | +6.4% | +21.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mardi Gras 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 Mardi Gras 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $103K, with expenses exceeding revenue.
- Debt-to-asset ratio: 96.9%.
Frequently Asked Questions about Mardi Gras Inc
Is Mardi Gras Inc a legitimate charity?
Mardi Gras Inc (EIN: 431903131) is a registered tax-exempt nonprofit based in Missouri. It has 4 years of IRS 990 filings on record. No red flags identified. Financial health grade: D.
How does Mardi Gras Inc spend its money?
Mardi Gras Inc reported its financials in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mardi Gras Inc tax-deductible?
Mardi Gras Inc is registered as a tax-exempt nonprofit (EIN: 431903131). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mardi Gras Inc located?
Mardi Gras Inc is headquartered in Saint Louis, Missouri and files with the IRS under EIN 431903131. It is classified under NTEE code N52.
How many years of IRS 990 filings does Mardi Gras Inc have?
Mardi Gras Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Mardi Gras Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2013–2016), Mardi Gras Inc's revenue has declined by 27.9%, moving from $1.5M to $1.1M. Total assets decreased by 41.2% over the same period, from $325K to $191K. Total functional expenses fell by 23.3%, from $1.6M to $1.2M. In its most recent filing year (2016), Mardi Gras Inc reported a deficit of $103K, with expenses exceeding revenue. The organization holds $185K in liabilities against $191K in assets (debt-to-asset ratio: 96.9%), resulting in net assets of $6K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $1.1M | $1.2M | $191K | $185K | — | — |
| 2015 | $1.0M | $1.1M | $231K | $123K | — | View 990 |
| 2014 | $1.6M | $1.7M | $393K | $159K | — | View 990 |
| 2013 | $1.5M | $1.6M | $325K | $58K | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $1.1M, expenses of $1.2M, and assets of $191K (revenue +4.6% year-over-year).
- 2015: Revenue of $1.0M, expenses of $1.1M, and assets of $231K (revenue -35.7% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.7M, and assets of $393K (revenue +7.3% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.6M, and assets of $325K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mardi Gras Inc:
Data Sources and Methodology
This transparency report for Mardi Gras 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.