Maroon Arts Group
EIN: 810802458 · Columbus, OH · NTEE: A23
| Metric | Value |
|---|---|
| Total Revenue | $995K |
| Total Expenses | $497K |
| Net Assets | $2.9M |
Is Maroon Arts Group Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Maroon Arts Group
Maroon Arts Group (EIN: 810802458) is a nonprofit organization based in Columbus, OH, classified under NTEE code A23. The organization reported total revenue of $995K and total assets of $4.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maroon Arts Group's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maroon Arts Group is a small nonprofit that has been operating for 10 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 78.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $497K |
| Surplus / Deficit | +$1.4M |
| Total Assets | $3.6M |
| Total Liabilities | $700K |
| Net Assets | $2.9M |
| Operating Margin | 74.4% |
| Debt-to-Asset Ratio | 19.6% |
| Months of Reserves | 86.1 months |
Financial Health Grade: A
In 2023, Maroon Arts Group reported a surplus of $1.4M with revenue exceeding expenses, holds 86.1 months of operating reserves (strong position), has a debt-to-asset ratio of 19.6% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), Maroon Arts Group's revenue has grown at a compound annual growth rate (CAGR) of 78.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +215.0% | +9.6% | +151.6% |
| 2022 | -57.1% | +39.4% | +12.4% |
| 2021 | +321.5% | +61.4% | +569.0% |
| 2020 | +386.0% | +121.5% | +426.0% |
| 2019 | -34.5% | +48.4% | -36.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Maroon Arts Group 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 Maroon Arts Group 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 $1.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 19.6%.
Frequently Asked Questions about Maroon Arts Group
Is Maroon Arts Group a legitimate charity?
Maroon Arts Group (EIN: 810802458) is a registered tax-exempt nonprofit based in Ohio. It has 6 years of IRS 990 filings on record. Total revenue: $995K. No red flags identified. Financial health grade: A.
How does Maroon Arts Group spend its money?
Maroon Arts Group reported $995K in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Maroon Arts Group tax-deductible?
Maroon Arts Group is registered as a tax-exempt nonprofit (EIN: 810802458). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Maroon Arts Group located?
Maroon Arts Group is headquartered in Columbus, Ohio and files with the IRS under EIN 810802458. It is classified under NTEE code A23.
How many years of IRS 990 filings does Maroon Arts Group have?
Maroon Arts Group has 6 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 $995K in total revenue.
Filing History
IRS 990 filing history for Maroon Arts Group showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Maroon Arts Group's revenue has grown by 1713.5%, moving from $107K to $1.9M. Total assets increased by 6192.7% over the same period, from $57K to $3.6M. Total functional expenses rose by 710.6%, from $61K to $497K. In its most recent filing year (2023), Maroon Arts Group reported a surplus of $1.4M, with revenue exceeding expenses. The organization holds $700K in liabilities against $3.6M in assets (debt-to-asset ratio: 19.6%), resulting in net assets of $2.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $497K | $3.6M | $700K | — | — |
| 2022 | $616K | $453K | $1.4M | $0 | — | View 990 |
| 2021 | $1.4M | $325K | $1.3M | $-11,158 | — | View 990 |
| 2020 | $341K | $202K | $189K | $13K | — | View 990 |
| 2019 | $70K | $91K | $36K | $0 | — | View 990 |
| 2018 | $107K | $61K | $57K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $497K, and assets of $3.6M (revenue +215.0% year-over-year).
- 2022: Revenue of $616K, expenses of $453K, and assets of $1.4M (revenue -57.1% year-over-year).
- 2021: Revenue of $1.4M, expenses of $325K, and assets of $1.3M (revenue +321.5% year-over-year).
- 2020: Revenue of $341K, expenses of $202K, and assets of $189K (revenue +386.0% year-over-year).
- 2019: Revenue of $70K, expenses of $91K, and assets of $36K (revenue -34.5% year-over-year).
- 2018: Revenue of $107K, expenses of $61K, and assets of $57K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maroon Arts Group:
Data Sources and Methodology
This transparency report for Maroon Arts Group 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.