Michigan Arts Access
EIN: 382690117 · Detroit, MI · NTEE: A250
| Metric | Value |
|---|---|
| Total Revenue | $214K |
| Total Expenses | $193K |
| Net Assets | $87K |
Is Michigan Arts Access Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Michigan Arts Access
Michigan Arts Access (EIN: 382690117) is a nonprofit organization based in Detroit, MI, classified under NTEE code A250. The organization reported total revenue of $214K and total assets of $164K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Michigan Arts Access's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Michigan Arts Access is a small nonprofit that has been operating for 39 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -3.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $214K |
| Total Expenses | $193K |
| Surplus / Deficit | +$21K |
| Total Assets | $177K |
| Total Liabilities | $90K |
| Net Assets | $87K |
| Operating Margin | 9.8% |
| Debt-to-Asset Ratio | 50.8% |
| Months of Reserves | 11.0 months |
Financial Health Grade: A
In 2023, Michigan Arts Access reported a surplus of $21K with revenue exceeding expenses, holds 11.0 months of operating reserves (strong position), has a debt-to-asset ratio of 50.8% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Michigan Arts Access's revenue has declined at a compound annual growth rate (CAGR) of -3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +50.0% | +60.8% | +17.7% |
| 2022 | +9.1% | +21.8% | +12.9% |
| 2021 | +92.7% | +46.3% | +124.1% |
| 2020 | -59.0% | -64.8% | +0.8% |
| 2019 | -18.9% | -15.7% | -7.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Michigan Arts Access 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 Michigan Arts Access 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 $21K, with revenue exceeding expenses.
- Debt-to-asset ratio: 50.8%.
Frequently Asked Questions about Michigan Arts Access
Is Michigan Arts Access a legitimate charity?
Based on AI analysis of IRS 990 filings, Michigan Arts Access (EIN: 382690117) insufficient data. 0 red flags identified, 0 strengths noted.
How does Michigan Arts Access spend its money?
Detailed spending breakdown data is not yet available for Michigan Arts Access. Check back for updated IRS 990 analysis.
Are donations to Michigan Arts Access tax-deductible?
Michigan Arts Access is registered as a tax-exempt nonprofit (EIN: 382690117). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Michigan Arts Access located?
Michigan Arts Access is headquartered in Detroit, Michigan and files with the IRS under EIN 382690117. It is classified under NTEE code A250.
How many years of IRS 990 filings does Michigan Arts Access have?
Michigan Arts Access has 12 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 $214K in total revenue.
Filing History
IRS 990 filing history for Michigan Arts Access showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Michigan Arts Access's revenue has declined by 35.5%, moving from $331K to $214K. Total assets increased by 20.6% over the same period, from $147K to $177K. Total functional expenses fell by 37.1%, from $306K to $193K. In its most recent filing year (2023), Michigan Arts Access reported a surplus of $21K, with revenue exceeding expenses. The organization holds $90K in liabilities against $177K in assets (debt-to-asset ratio: 50.8%), resulting in net assets of $87K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $214K | $193K | $177K | $90K | — | View 990 |
| 2022 | $142K | $120K | $151K | $85K | — | View 990 |
| 2021 | $131K | $98K | $133K | $87K | — | View 990 |
| 2020 | $68K | $67K | $60K | $52K | — | — |
| 2019 | $165K | $191K | $59K | $52K | — | View 990 |
| 2018 | $204K | $226K | $64K | $31K | — | View 990 |
| 2017 | $189K | $184K | $78K | $22K | — | View 990 |
| 2016 | $133K | $178K | $72K | $21K | — | View 990 |
| 2015 | $255K | $185K | $107K | $12K | — | View 990 |
| 2014 | $197K | $243K | $20K | $6K | — | View 990 |
| 2013 | $209K | $239K | $95K | $35K | — | View 990 |
| 2012 | $331K | $306K | $147K | $66K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $214K, expenses of $193K, and assets of $177K (revenue +50.0% year-over-year).
- 2022: Revenue of $142K, expenses of $120K, and assets of $151K (revenue +9.1% year-over-year).
- 2021: Revenue of $131K, expenses of $98K, and assets of $133K (revenue +92.7% year-over-year).
- 2020: Revenue of $68K, expenses of $67K, and assets of $60K (revenue -59.0% year-over-year).
- 2019: Revenue of $165K, expenses of $191K, and assets of $59K (revenue -18.9% year-over-year).
- 2018: Revenue of $204K, expenses of $226K, and assets of $64K (revenue +7.6% year-over-year).
- 2017: Revenue of $189K, expenses of $184K, and assets of $78K (revenue +41.9% year-over-year).
- 2016: Revenue of $133K, expenses of $178K, and assets of $72K (revenue -47.7% year-over-year).
- 2015: Revenue of $255K, expenses of $185K, and assets of $107K (revenue +29.0% year-over-year).
- 2014: Revenue of $197K, expenses of $243K, and assets of $20K (revenue -5.8% year-over-year).
- 2013: Revenue of $209K, expenses of $239K, and assets of $95K (revenue -36.7% year-over-year).
- 2012: Revenue of $331K, expenses of $306K, and assets of $147K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Michigan Arts Access:
Data Sources and Methodology
This transparency report for Michigan Arts Access 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.