Marion Cultural Development Corporation
Marion Cultural Development Corporation faces financial instability with fluctuating revenues and expenses often exceeding income, leading to declining assets.
EIN: 200954670 · Salem, OR · NTEE: A26 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $56K |
| Total Expenses | $47K |
| Program Spending | 80% |
| Net Assets | $4K |
| Transparency Score | 60/100 |
Is Marion Cultural Development Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Marion Cultural Development Corporation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Marion Cultural Development Corporation
Marion Cultural Development Corporation (EIN: 200954670) is a nonprofit organization based in Salem, OR, classified under NTEE code A26. The organization reported total revenue of $56K and total assets of $4K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marion Cultural Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marion Cultural Development Corporation is a micro nonprofit that has been operating for 22 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 3.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $43K |
| Total Expenses | $47K |
| Surplus / Deficit | $-4,475 |
| Total Assets | $4K |
| Net Assets | $4K |
| Operating Margin | -10.5% |
| Months of Reserves | 1.1 months |
Financial Health Grade: C
In 2024, Marion Cultural Development Corporation reported a deficit of $4K with expenses exceeding revenue, holds 1.1 months of operating reserves (limited).
Financial Trends
Over 14 years of filings (2011–2024), Marion Cultural Development Corporation's revenue has grown at a compound annual growth rate (CAGR) of 3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -26.8% | -43.7% | -50.2% |
| 2023 | +1.4% | +137.1% | -74.1% |
| 2022 | -93.5% | -96.0% | +180.1% |
| 2021 | +2179.9% | +2100.6% | +323.4% |
| 2020 | -13.3% | -9.1% | -25.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Marion Cultural Development Corporation with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Marion Cultural Development Corporation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through other means not reflected as officer compensation, which is highly unusual for an organization of its size and activity level.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Marion Cultural Development Corporation's IRS 990 filings:
- Inconsistent and volatile revenue streams, with a major spike in 202106 followed by sharp declines.
- Expenses frequently exceed revenue in recent periods (e.g., 202406, 202306), leading to asset depletion.
- Low and declining asset base ($4,433 in 202406) indicates limited financial reserves.
- The consistent reporting of 0% officer compensation is unusual and may warrant further investigation into how leadership is compensated or if it's an all-volunteer organization.
Strengths
The following positive indicators were identified for Marion Cultural Development Corporation:
- Consistent filing of IRS 990 forms demonstrates transparency and compliance.
- Consistently reports $0 in liabilities, indicating responsible debt management.
- Zero officer compensation suggests a strong commitment to directing funds towards the mission rather than executive salaries.
Frequently Asked Questions about Marion Cultural Development Corporation
Is Marion Cultural Development Corporation a legitimate charity?
Marion Cultural Development Corporation (EIN: 200954670) is a registered tax-exempt nonprofit based in Oregon. Our AI analysis gives it a Mission Score of 60/100. It has 14 years of IRS 990 filings on record. Total revenue: $56K. 4 red flags identified. 3 strengths noted. Financial health grade: C.
How does Marion Cultural Development Corporation spend its money?
Marion Cultural Development Corporation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Marion Cultural Development Corporation tax-deductible?
Marion Cultural Development Corporation is registered as a tax-exempt nonprofit (EIN: 200954670). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Marion Cultural Development Corporation's spending goes to programs?
Marion Cultural Development Corporation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Marion Cultural Development Corporation compare to similar nonprofits?
With a transparency score of 60/100 (Good), Marion Cultural Development Corporation is above average for NTEE category A26 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Marion Cultural Development Corporation located?
Marion Cultural Development Corporation is headquartered in Salem, Oregon and files with the IRS under EIN 200954670. It is classified under NTEE code A26.
How many years of IRS 990 filings does Marion Cultural Development Corporation have?
Marion Cultural Development Corporation has 14 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 $56K in total revenue.
Is Marion Cultural Development Corporation financially stable?
No, the organization shows signs of financial instability. In recent periods like 202406 and 202306, expenses ($47,060 and $83,594 respectively) have exceeded revenue ($42,585 and $58,142), leading to a decrease in assets from $8,908 in 202306 to $4,433 in 202406.
How does the organization manage its liabilities?
The organization consistently reports $0 in liabilities across all available filing periods, indicating a strong ability to avoid debt and manage its financial obligations responsibly.
What caused the significant revenue spike in 202106?
The provided data does not specify the cause of the $883,331 revenue spike in 202106. This could be due to a large one-time grant, a major fundraising event, or a specific project, but without further detail, it remains an anomaly in its financial history.
Is the organization efficient with its spending?
While the consistent 0% officer compensation suggests efficiency at the leadership level, the frequent instances where expenses exceed revenue (e.g., 202406, 202306) indicate potential inefficiencies in overall spending relative to income, or an unsustainable reliance on past reserves.
What is the trend in the organization's assets?
The organization's assets have fluctuated significantly, peaking at $34,360 in 202206 after the large revenue year, but have since declined to $4,433 in 202406, indicating a downward trend in its financial reserves over the last two periods.
Filing History
IRS 990 filing history for Marion Cultural Development Corporation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Marion Cultural Development Corporation's revenue has grown by 54.8%, moving from $28K to $43K. Total assets decreased by 40.2% over the same period, from $7K to $4K. Total functional expenses rose by 97.7%, from $24K to $47K. In its most recent filing year (2024), Marion Cultural Development Corporation reported a deficit of $4K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $43K | $47K | $4K | $0 | — | — |
| 2023 | $58K | $84K | $9K | $0 | — | View 990 |
| 2022 | $57K | $35K | $34K | $0 | — | View 990 |
| 2021 | $883K | $874K | $12K | $0 | — | — |
| 2020 | $39K | $40K | $3K | $0 | — | View 990 |
| 2019 | $45K | $44K | $4K | $0 | — | — |
| 2018 | $43K | $43K | $3K | $0 | — | View 990 |
| 2017 | $41K | $42K | $3K | $0 | — | View 990 |
| 2016 | $37K | $39K | $3K | $0 | — | View 990 |
| 2015 | $35K | $34K | $5K | $0 | — | View 990 |
| 2014 | $31K | $33K | $5K | $0 | — | View 990 |
| 2013 | $28K | $28K | $7K | $0 | — | View 990 |
| 2012 | $28K | $24K | $7K | $0 | — | View 990 |
| 2011 | $28K | $24K | $7K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $43K, expenses of $47K, and assets of $4K (revenue -26.8% year-over-year).
- 2023: Revenue of $58K, expenses of $84K, and assets of $9K (revenue +1.4% year-over-year).
- 2022: Revenue of $57K, expenses of $35K, and assets of $34K (revenue -93.5% year-over-year).
- 2021: Revenue of $883K, expenses of $874K, and assets of $12K (revenue +2179.9% year-over-year).
- 2020: Revenue of $39K, expenses of $40K, and assets of $3K (revenue -13.3% year-over-year).
- 2019: Revenue of $45K, expenses of $44K, and assets of $4K (revenue +3.3% year-over-year).
- 2018: Revenue of $43K, expenses of $43K, and assets of $3K (revenue +4.4% year-over-year).
- 2017: Revenue of $41K, expenses of $42K, and assets of $3K (revenue +13.2% year-over-year).
- 2016: Revenue of $37K, expenses of $39K, and assets of $3K (revenue +5.3% year-over-year).
- 2015: Revenue of $35K, expenses of $34K, and assets of $5K (revenue +13.6% year-over-year).
- 2014: Revenue of $31K, expenses of $33K, and assets of $5K (revenue +11.0% year-over-year).
- 2013: Revenue of $28K, expenses of $28K, and assets of $7K (revenue +0.2% year-over-year).
- 2012: Revenue of $28K, expenses of $24K, and assets of $7K (revenue +0.0% year-over-year).
- 2011: Revenue of $28K, expenses of $24K, and assets of $7K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Marion Cultural Development Corporation:
Data Sources and Methodology
This transparency report for Marion Cultural Development Corporation 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.