Memphremagog Arts Collaborative Inc

EIN: 743208193 · Newport, VT · NTEE: A30

$99KRevenue
$41KGross Revenue
$40KAssets
0/100Mission Score (Very Poor)
A30
Memphremagog Arts Collaborative Inc Financial Summary
MetricValue
Total Revenue$99K
Total Expenses$34K
Net Assets$35K

Search Intent Cockpit

Memphremagog Arts Collaborative Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Memphremagog Arts Collaborative Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Memphremagog Arts Collaborative Inc in one place.

Form 990 Filing Summary

7 filing years are available, with latest revenue of $34K and expenses of $34K.

Revenue and Expenses

Memphremagog Arts Collaborative Inc reported $34K in revenue and $34K in expenses, a deficit of $160.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

Mission score and red-flag review are shown when AI enrichment is available.

Is Memphremagog Arts Collaborative Inc Legit?

Insufficient Data

GoodFiling Consistency
UnknownSpending Efficiency
LimitedTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
PendingProgram Expense
$0Grants Paid
7Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Functional expense detail is not available on the stored filing yet. Existing program percentage and future extracted expense fields will populate this panel.

Across stored filings, Memphremagog Arts Collaborative Inc shows contribution history pending. Next enrichment targets: revenue-source fields, functional expense detail, IRS BMF classification, AI synthesis.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Memphremagog Arts Collaborative Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacyInsufficient DataGood filing record; no red flags identified
Mission spendPendingUnknown
Financial durabilityGrade B7 stored filing years
Peer contextCompare with Everybody Wins Vermont IncVermont and Arts & Culture context

Trust Check

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About Memphremagog Arts Collaborative Inc

Memphremagog Arts Collaborative Inc (EIN: 743208193) is a nonprofit organization based in Newport, VT, classified under NTEE code A30. The organization reported total revenue of $99K and total assets of $40K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Memphremagog Arts Collaborative Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

15Years Operating
MicroSize Classification
7Years of Filings
MixedRevenue Trajectory

Memphremagog Arts Collaborative Inc is a micro nonprofit that has been operating for 15 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 3.6%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$34K
Total Expenses$34K
Surplus / Deficit$-160
Total Assets$38K
Total Liabilities$3K
Net Assets$35K
Operating Margin-0.5%
Debt-to-Asset Ratio8.3%
Months of Reserves13.4 months

Financial Health Grade: B

In 2023, Memphremagog Arts Collaborative Inc reported a deficit of $160 with expenses exceeding revenue, holds 13.4 months of operating reserves (strong position), has a debt-to-asset ratio of 8.3% (very low leverage).

Financial Trends

Over 7 years of filings (2017–2023), Memphremagog Arts Collaborative Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.

YearRevenue ChangeExpense ChangeAsset Change
2023-7.5%+11.5%+2.7%
2022+9.9%+21.5%+19.4%
2021+15.9%-18.9%+45.4%
2020-0.2%+5.5%-12.0%
2019+-0.0%+9.0%-0.6%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2011

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Analysis Pending

AI enrichment for Memphremagog Arts Collaborative 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 Memphremagog Arts Collaborative 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 (2023)

From the most recent IRS 990 filing on record:

$34KTotal Revenue
$34KTotal Expenses
$38KTotal Assets
$3KTotal Liabilities
$35KNet Assets
  • The organization reported a deficit of $160, with expenses exceeding revenue.
  • Debt-to-asset ratio: 8.3%.

Frequently Asked Questions about Memphremagog Arts Collaborative Inc

Is Memphremagog Arts Collaborative Inc a legitimate charity?

Memphremagog Arts Collaborative Inc (EIN: 743208193) is a registered tax-exempt nonprofit based in Vermont. It has 7 years of IRS 990 filings on record. Total revenue: $99K. No red flags identified. Financial health grade: B.

How does Memphremagog Arts Collaborative Inc spend its money?

Memphremagog Arts Collaborative Inc reported $99K in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.

Are donations to Memphremagog Arts Collaborative Inc tax-deductible?

Memphremagog Arts Collaborative Inc is registered as a tax-exempt nonprofit (EIN: 743208193). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Where is Memphremagog Arts Collaborative Inc located?

Memphremagog Arts Collaborative Inc is headquartered in Newport, Vermont and files with the IRS under EIN 743208193. It is classified under NTEE code A30.

How many years of IRS 990 filings does Memphremagog Arts Collaborative Inc have?

Memphremagog Arts Collaborative Inc has 7 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 $99K in total revenue.

Filing History

IRS 990 filing history for Memphremagog Arts Collaborative Inc showing financial trends over 7 years of public records:

Over 7 years of IRS 990 filings (2017–2023), Memphremagog Arts Collaborative Inc's revenue has grown by 23.6%, moving from $27K to $34K. Total assets increased by 70% over the same period, from $22K to $38K. Total functional expenses rose by 44.8%, from $23K to $34K. In its most recent filing year (2023), Memphremagog Arts Collaborative Inc reported a deficit of $160, with expenses exceeding revenue. The organization holds $3K in liabilities against $38K in assets (debt-to-asset ratio: 8.3%), resulting in net assets of $35K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $34K $34K $38K $3K View 990
2022 $36K $30K $37K $2K View 990
2021 $33K $25K $31K $2K
2020 $29K $31K $21K $582 View 990
2019 $29K $29K $24K $1K View 990
2018 $29K $27K $24K $907 View 990
2017 $27K $23K $22K $828 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $34K, expenses of $34K, and assets of $38K (revenue -7.5% year-over-year).
  • 2022: Revenue of $36K, expenses of $30K, and assets of $37K (revenue +9.9% year-over-year).
  • 2021: Revenue of $33K, expenses of $25K, and assets of $31K (revenue +15.9% year-over-year).
  • 2020: Revenue of $29K, expenses of $31K, and assets of $21K (revenue -0.2% year-over-year).
  • 2019: Revenue of $29K, expenses of $29K, and assets of $24K (revenue +-0.0% year-over-year).
  • 2018: Revenue of $29K, expenses of $27K, and assets of $24K (revenue +5.2% year-over-year).
  • 2017: Revenue of $27K, expenses of $23K, and assets of $22K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Memphremagog Arts Collaborative Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing

Data Sources and Methodology

This transparency report for Memphremagog Arts Collaborative 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.

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