Monument Arts And Cultural Center
EIN: 30323040 · Bennington, VT
| Metric | Value |
|---|---|
| Total Revenue | $369K |
| Total Expenses | $141K |
| Net Assets | $326K |
Is Monument Arts And Cultural Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Monument Arts And Cultural Center
Monument Arts And Cultural Center (EIN: 30323040) is a nonprofit organization based in Bennington, VT. The organization reported total revenue of $369K and total assets of $598K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Monument Arts And Cultural Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Monument Arts And Cultural Center is a small nonprofit that has been operating for 33 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $107K |
| Total Expenses | $141K |
| Surplus / Deficit | $-33,646 |
| Total Assets | $611K |
| Total Liabilities | $285K |
| Net Assets | $326K |
| Operating Margin | -31.3% |
| Debt-to-Asset Ratio | 46.7% |
| Months of Reserves | 52.0 months |
Financial Health Grade: B
In 2023, Monument Arts And Cultural Center reported a deficit of $34K with expenses exceeding revenue, holds 52.0 months of operating reserves (strong position), has a debt-to-asset ratio of 46.7% (moderate leverage).
Financial Trends
Over 9 years of filings (2011–2023), Monument Arts And Cultural Center's revenue has declined at a compound annual growth rate (CAGR) of -6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -76.8% | +37.1% | -1.8% |
| 2022 | +111.1% | -42.3% | +62215800.0% |
| 2017 | -18.1% | -13.7% | -100.0% |
| 2016 | -28.3% | -40.0% | -1.1% |
| 2015 | +31.9% | +18.2% | +5.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Monument Arts And Cultural Center 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 Monument Arts And Cultural Center 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 deficit of $34K, with expenses exceeding revenue.
- Debt-to-asset ratio: 46.7%.
Frequently Asked Questions about Monument Arts And Cultural Center
Is Monument Arts And Cultural Center a legitimate charity?
Monument Arts And Cultural Center (EIN: 30323040) is a registered tax-exempt nonprofit based in Vermont. It has 9 years of IRS 990 filings on record. Total revenue: $369K. No red flags identified. Financial health grade: B.
How does Monument Arts And Cultural Center spend its money?
Monument Arts And Cultural Center reported $369K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Monument Arts And Cultural Center tax-deductible?
Monument Arts And Cultural Center is registered as a tax-exempt nonprofit (EIN: 30323040). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Monument Arts And Cultural Center located?
Monument Arts And Cultural Center is headquartered in Bennington, Vermont and files with the IRS under EIN 30323040.
How many years of IRS 990 filings does Monument Arts And Cultural Center have?
Monument Arts And Cultural Center has 9 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 $369K in total revenue.
Filing History
IRS 990 filing history for Monument Arts And Cultural Center showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Monument Arts And Cultural Center's revenue has declined by 54.8%, moving from $238K to $107K. Total assets decreased by 29.9% over the same period, from $871K to $611K. Total functional expenses fell by 44.3%, from $253K to $141K. In its most recent filing year (2023), Monument Arts And Cultural Center reported a deficit of $34K, with expenses exceeding revenue. The organization holds $285K in liabilities against $611K in assets (debt-to-asset ratio: 46.7%), resulting in net assets of $326K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $107K | $141K | $611K | $285K | — | — |
| 2022 | $462K | $103K | $622K | $263K | — | View 990 |
| 2017 | $219K | $178K | $1 | $0 | — | — |
| 2016 | $268K | $207K | $1.3M | $2K | — | View 990 |
| 2015 | $373K | $345K | $1.3M | $2K | — | View 990 |
| 2014 | $283K | $291K | $1.3M | $36K | — | View 990 |
| 2013 | $279K | $0 | $1.1M | $30K | — | View 990 |
| 2012 | $233K | $279K | $1.1M | $3K | — | View 990 |
| 2011 | $238K | $253K | $871K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $107K, expenses of $141K, and assets of $611K (revenue -76.8% year-over-year).
- 2022: Revenue of $462K, expenses of $103K, and assets of $622K (revenue +111.1% year-over-year).
- 2017: Revenue of $219K, expenses of $178K, and assets of $1 (revenue -18.1% year-over-year).
- 2016: Revenue of $268K, expenses of $207K, and assets of $1.3M (revenue -28.3% year-over-year).
- 2015: Revenue of $373K, expenses of $345K, and assets of $1.3M (revenue +31.9% year-over-year).
- 2014: Revenue of $283K, expenses of $291K, and assets of $1.3M (revenue +1.3% year-over-year).
- 2013: Revenue of $279K, expenses of $0, and assets of $1.1M (revenue +19.9% year-over-year).
- 2012: Revenue of $233K, expenses of $279K, and assets of $1.1M (revenue -2.1% year-over-year).
- 2011: Revenue of $238K, expenses of $253K, and assets of $871K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Monument Arts And Cultural Center:
Data Sources and Methodology
This transparency report for Monument Arts And Cultural Center 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.