Midvale Arts Council Inc
EIN: 460562853 · Midvale, UT · NTEE: A60
Is Midvale Arts Council Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Midvale Arts Council Inc
Midvale Arts Council Inc (EIN: 460562853) is a nonprofit organization based in Midvale, UT, classified under NTEE code A60. The organization reported total revenue of $86K and total assets of $221K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Midvale Arts Council Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Midvale Arts Council 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 Midvale Arts Council 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.
Frequently Asked Questions about Midvale Arts Council Inc
Is Midvale Arts Council Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Midvale Arts Council Inc (EIN: 460562853) insufficient data. 0 red flags identified, 0 strengths noted.
How does Midvale Arts Council Inc spend its money?
Detailed spending breakdown data is not yet available for Midvale Arts Council Inc. Check back for updated IRS 990 analysis.
Are donations to Midvale Arts Council Inc tax-deductible?
Midvale Arts Council Inc is registered as a tax-exempt nonprofit (EIN: 460562853). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Midvale Arts Council Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Midvale Arts Council Inc's revenue has grown by 13.1%, moving from $77K to $87K. Total assets increased by 170% over the same period, from $78K to $212K. Total functional expenses rose by 9.9%, from $59K to $65K. In its most recent filing year (2023), Midvale Arts Council Inc reported a surplus of $22K, with revenue exceeding expenses. The organization holds $865 in liabilities against $212K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $211K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $87K | $65K | $212K | $865 | — | View 990 |
| 2022 | $89K | $54K | $192K | $3K | — | View 990 |
| 2021 | $58K | $52K | $157K | $3K | — | — |
| 2020 | $46K | $57K | $151K | $3K | — | View 990 |
| 2019 | $147K | $45K | $164K | $5K | — | View 990 |
| 2017 | $86K | $82K | $85K | $1K | — | View 990 |
| 2016 | $133K | $149K | $79K | $0 | — | View 990 |
| 2015 | $61K | $43K | $98K | $0 | — | View 990 |
| 2015 | $93K | $97K | $80K | $0 | — | View 990 |
| 2014 | $77K | $59K | $78K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $87K, expenses of $65K, and assets of $212K (revenue -2.5% year-over-year).
- 2022: Revenue of $89K, expenses of $54K, and assets of $192K (revenue +54.4% year-over-year).
- 2021: Revenue of $58K, expenses of $52K, and assets of $157K (revenue +25.8% year-over-year).
- 2020: Revenue of $46K, expenses of $57K, and assets of $151K (revenue -68.8% year-over-year).
- 2019: Revenue of $147K, expenses of $45K, and assets of $164K (revenue +70.3% year-over-year).
- 2017: Revenue of $86K, expenses of $82K, and assets of $85K (revenue -35.0% year-over-year).
- 2016: Revenue of $133K, expenses of $149K, and assets of $79K (revenue +116.1% year-over-year).
- 2015: Revenue of $61K, expenses of $43K, and assets of $98K (revenue -33.7% year-over-year).
- 2015: Revenue of $93K, expenses of $97K, and assets of $80K (revenue +20.6% year-over-year).
- 2014: Revenue of $77K, expenses of $59K, and assets of $78K.
Data Sources and Methodology
This transparency report for Midvale Arts Council 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.