Monarch Music & Arts Community
EIN: 881746065 · Louisville, KY · NTEE: A20
| Metric | Value |
|---|---|
| Total Revenue | $223K |
| Total Expenses | $118K |
| Net Assets | $34K |
Is Monarch Music & Arts Community Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Monarch Music & Arts Community
Monarch Music & Arts Community (EIN: 881746065) is a nonprofit organization based in Louisville, KY, classified under NTEE code A20. The organization reported total revenue of $223K and total assets of $54K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Monarch Music & Arts Community's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Monarch Music & Arts Community is a small nonprofit that has been operating for 3 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $153K |
| Total Expenses | $118K |
| Surplus / Deficit | +$35K |
| Total Assets | $34K |
| Net Assets | $34K |
| Operating Margin | 22.9% |
| Months of Reserves | 3.5 months |
Financial Health Grade: A
In 2023, Monarch Music & Arts Community reported a surplus of $35K with revenue exceeding expenses, holds 3.5 months of operating reserves (adequate).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1230 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Monarch Music & Arts Community 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 Monarch Music & Arts Community 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 $35K, with revenue exceeding expenses.
Frequently Asked Questions about Monarch Music & Arts Community
Is Monarch Music & Arts Community a legitimate charity?
Based on AI analysis of IRS 990 filings, Monarch Music & Arts Community (EIN: 881746065) insufficient data. 0 red flags identified, 0 strengths noted.
How does Monarch Music & Arts Community spend its money?
Detailed spending breakdown data is not yet available for Monarch Music & Arts Community. Check back for updated IRS 990 analysis.
Are donations to Monarch Music & Arts Community tax-deductible?
Monarch Music & Arts Community is registered as a tax-exempt nonprofit (EIN: 881746065). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Monarch Music & Arts Community located?
Monarch Music & Arts Community is headquartered in Louisville, Kentucky and files with the IRS under EIN 881746065. It is classified under NTEE code A20.
Filing History
IRS 990 filing history for Monarch Music & Arts Community showing financial trends over 1 year of public records:
In its most recent filing year (2023), Monarch Music & Arts Community reported a surplus of $35K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $153K | $118K | $34K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Monarch Music & Arts Community:
Data Sources and Methodology
This transparency report for Monarch Music & Arts Community 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.