Marshall County Arts Commission Inc

Marshall County Arts Commission Inc. maintains substantial assets while experiencing recent operating deficits and no executive compensation.

EIN: 200208078 · Benton, KY · NTEE: A26 · Updated: 2026-03-28

$115KRevenue

$804KAssets

85/100Mission Score (Excellent)

A26

About Marshall County Arts Commission Inc

Marshall County Arts Commission Inc (EIN: 200208078) is a nonprofit organization based in Benton, KY, classified under NTEE code A26. The organization reported total revenue of $115K and total assets of $804K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marshall County Arts Commission Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Marshall County Arts Commission Inc. demonstrates a consistent commitment to its mission, as evidenced by its program spending. While the organization's revenue has fluctuated, with a notable peak of $447,854 in 2014 and a recent $69,135 in 2023, its assets have remained substantial, currently at $825,464. The organization consistently reports 0% officer compensation, indicating a volunteer-led or very lean executive structure, which is a positive sign for donor confidence and resource allocation directly to programs. However, the recent trend of expenses exceeding revenue, such as $107,077 in expenses against $69,135 in revenue in 2023, suggests a reliance on reserves or prior year surpluses, which warrants monitoring for long-term sustainability.

The organization's financial health appears stable due to its significant asset base, but the recent operating deficits could be a concern if they persist. The absence of officer compensation is a strong indicator of spending efficiency in leadership. The consistent filing of IRS Form 990s over 13 periods demonstrates good transparency practices. Overall, the organization appears to be a responsible steward of its resources, with a strong focus on its mission, though recent financial trends suggest a need for revenue growth or expense management to maintain operational balance.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Marshall County Arts Commission Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 7%
programs: 90%
fundraising: 3%

According to IRS 990 filings, Marshall County Arts Commission Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported at 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of its size.

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 Marshall County Arts Commission Inc's IRS 990 filings:

Expenses consistently exceeding revenue in recent years (e.g., $107,077 expenses vs. $69,135 revenue in 2023), indicating reliance on reserves.
Significant fluctuation in annual revenue, making financial planning potentially challenging.

Strengths

The following positive indicators were identified for Marshall County Arts Commission Inc:

Consistent 0% officer compensation, demonstrating high efficiency in leadership spending.
Strong and stable asset base ($825,464 in 2023), providing financial resilience.
Long history of IRS 990 filings (13 filings), indicating good transparency.
Low liabilities relative to assets (e.g., $296 liabilities vs. $825,464 assets in 2023).

Frequently Asked Questions about Marshall County Arts Commission Inc

Is Marshall County Arts Commission Inc. a good charity?

Based on the available data, Marshall County Arts Commission Inc. appears to be a good charity. It consistently reports 0% officer compensation, indicating efficient use of funds, and maintains a strong asset base. While recent years show expenses exceeding revenue, its program focus and transparency are commendable.

How does Marshall County Arts Commission Inc. fund its operations given recent deficits?

The organization likely funds its operations during periods of deficit, such as the $107,077 expenses against $69,135 revenue in 2023, by drawing from its substantial asset base, which was $825,464 in 2023. This suggests a reliance on reserves built up from prior years.

What is the trend in Marshall County Arts Commission Inc.'s revenue?

Marshall County Arts Commission Inc.'s revenue has fluctuated significantly, with a high of $447,854 in 2014 and more recent figures ranging from $50,595 in 2020 to $146,776 in 2022, and $69,135 in 2023. There isn't a clear upward or downward trend, but rather variability.

Filing History

IRS 990 filing history for Marshall County Arts Commission Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Marshall County Arts Commission Inc's revenue has declined by 46%, moving from $128K to $69K. Total assets increased by 206.8% over the same period, from $269K to $825K. Total functional expenses rose by 327%, from $25K to $107K. In its most recent filing year (2023), Marshall County Arts Commission Inc reported a deficit of $38K, with expenses exceeding revenue. The organization holds $296 in liabilities against $825K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $825K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$69K	$107K	$825K	$296	—	—
2022	$147K	$109K	$864K	$673	—	—
2021	$103K	$133K	$826K	$332	—	View 990
2020	$51K	$46K	$1.0M	$193K	—	—
2019	$70K	$81K	$1.1M	$212K	—	View 990
2018	$120K	$79K	$1.1M	$223K	—	View 990
2017	$104K	$72K	$1.1M	$232K	—	View 990
2016	$76K	$61K	$1.0M	$242K	—	View 990
2015	$86K	$54K	$1.0M	$260K	—	View 990
2014	$448K	$19K	$1.0M	$275K	—	View 990
2013	$72K	$13K	$658K	$346K	—	View 990
2012	$79K	$30K	$318K	$65K	—	View 990
2011	$128K	$25K	$269K	$65K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $69K, expenses of $107K, and assets of $825K (revenue -52.9% year-over-year).
2022: Revenue of $147K, expenses of $109K, and assets of $864K (revenue +42.1% year-over-year).
2021: Revenue of $103K, expenses of $133K, and assets of $826K (revenue +104.1% year-over-year).
2020: Revenue of $51K, expenses of $46K, and assets of $1.0M (revenue -27.6% year-over-year).
2019: Revenue of $70K, expenses of $81K, and assets of $1.1M (revenue -41.9% year-over-year).
2018: Revenue of $120K, expenses of $79K, and assets of $1.1M (revenue +15.4% year-over-year).
2017: Revenue of $104K, expenses of $72K, and assets of $1.1M (revenue +36.6% year-over-year).
2016: Revenue of $76K, expenses of $61K, and assets of $1.0M (revenue -11.4% year-over-year).
2015: Revenue of $86K, expenses of $54K, and assets of $1.0M (revenue -80.8% year-over-year).
2014: Revenue of $448K, expenses of $19K, and assets of $1.0M (revenue +518.1% year-over-year).
2013: Revenue of $72K, expenses of $13K, and assets of $658K (revenue -8.2% year-over-year).
2012: Revenue of $79K, expenses of $30K, and assets of $318K (revenue -38.3% year-over-year).
2011: Revenue of $128K, expenses of $25K, and assets of $269K.

Data Sources and Methodology

This transparency report for Marshall County Arts Commission 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.