Museum Of Contemporary Art
EIN: 860850880 · Tucson, AZ · NTEE: A510
| Metric | Value |
|---|---|
| Total Revenue | $969K |
| Total Expenses | $842K |
| Net Assets | $102K |
Is Museum Of Contemporary Art Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Museum Of Contemporary Art
Museum Of Contemporary Art (EIN: 860850880) is a nonprofit organization based in Tucson, AZ, classified under NTEE code A510. The organization reported total revenue of $969K and total assets of $384K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Museum Of Contemporary Art's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Museum Of Contemporary Art is a small nonprofit that has been operating for 29 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $749K |
| Total Expenses | $842K |
| Surplus / Deficit | $-92,989 |
| Total Assets | $171K |
| Total Liabilities | $69K |
| Net Assets | $102K |
| Operating Margin | -12.4% |
| Debt-to-Asset Ratio | 40.2% |
| Months of Reserves | 2.4 months |
Financial Health Grade: C
In 2023, Museum Of Contemporary Art reported a deficit of $93K with expenses exceeding revenue, holds 2.4 months of operating reserves (limited), has a debt-to-asset ratio of 40.2% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2023), Museum Of Contemporary Art's revenue has grown at a compound annual growth rate (CAGR) of 8.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.2% | +15.0% | -34.5% |
| 2022 | -0.3% | -5.4% | -10.9% |
| 2021 | -20.0% | +43.4% | -24.4% |
| 2020 | +40.5% | -11.9% | +177.3% |
| 2019 | -6.4% | -20.7% | +3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Museum Of Contemporary Art 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 Museum Of Contemporary Art 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 $93K, with expenses exceeding revenue.
- Debt-to-asset ratio: 40.2%.
Frequently Asked Questions about Museum Of Contemporary Art
Is Museum Of Contemporary Art a legitimate charity?
Museum Of Contemporary Art (EIN: 860850880) is a registered tax-exempt nonprofit based in Arizona. It has 14 years of IRS 990 filings on record. Total revenue: $969K. No red flags identified. Financial health grade: C.
How does Museum Of Contemporary Art spend its money?
Museum Of Contemporary Art reported $969K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Museum Of Contemporary Art tax-deductible?
Museum Of Contemporary Art is registered as a tax-exempt nonprofit (EIN: 860850880). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Museum Of Contemporary Art located?
Museum Of Contemporary Art is headquartered in Tucson, Arizona and files with the IRS under EIN 860850880. It is classified under NTEE code A510.
How many years of IRS 990 filings does Museum Of Contemporary Art have?
Museum Of Contemporary Art has 14 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 $969K in total revenue.
Filing History
IRS 990 filing history for Museum Of Contemporary Art showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Museum Of Contemporary Art's revenue has grown by 162%, moving from $286K to $749K. Total assets increased by 72.8% over the same period, from $99K to $171K. Total functional expenses rose by 136.4%, from $356K to $842K. In its most recent filing year (2023), Museum Of Contemporary Art reported a deficit of $93K, with expenses exceeding revenue. The organization holds $69K in liabilities against $171K in assets (debt-to-asset ratio: 40.2%), resulting in net assets of $102K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $749K | $842K | $171K | $69K | — | — |
| 2022 | $674K | $732K | $260K | $62K | — | View 990 |
| 2021 | $676K | $774K | $292K | $35K | — | View 990 |
| 2020 | $846K | $540K | $387K | $31K | — | — |
| 2019 | $602K | $613K | $139K | $86K | — | View 990 |
| 2018 | $643K | $774K | $135K | $70K | — | View 990 |
| 2017 | $506K | $479K | $195K | $0 | — | — |
| 2016 | $472K | $482K | $169K | $0 | — | View 990 |
| 2015 | $487K | $419K | $121K | $85 | — | View 990 |
| 2014 | $406K | $401K | $128K | $0 | — | View 990 |
| 2013 | $506K | $471K | $149K | $26K | — | View 990 |
| 2012 | $319K | $284K | $126K | $38K | — | View 990 |
| 2011 | $84K | $95K | $85K | $57K | — | View 990 |
| 2011 | $286K | $356K | $99K | $61K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $749K, expenses of $842K, and assets of $171K (revenue +11.2% year-over-year).
- 2022: Revenue of $674K, expenses of $732K, and assets of $260K (revenue -0.3% year-over-year).
- 2021: Revenue of $676K, expenses of $774K, and assets of $292K (revenue -20.0% year-over-year).
- 2020: Revenue of $846K, expenses of $540K, and assets of $387K (revenue +40.5% year-over-year).
- 2019: Revenue of $602K, expenses of $613K, and assets of $139K (revenue -6.4% year-over-year).
- 2018: Revenue of $643K, expenses of $774K, and assets of $135K (revenue +27.1% year-over-year).
- 2017: Revenue of $506K, expenses of $479K, and assets of $195K (revenue +7.2% year-over-year).
- 2016: Revenue of $472K, expenses of $482K, and assets of $169K (revenue -3.2% year-over-year).
- 2015: Revenue of $487K, expenses of $419K, and assets of $121K (revenue +20.0% year-over-year).
- 2014: Revenue of $406K, expenses of $401K, and assets of $128K (revenue -19.7% year-over-year).
- 2013: Revenue of $506K, expenses of $471K, and assets of $149K (revenue +58.4% year-over-year).
- 2012: Revenue of $319K, expenses of $284K, and assets of $126K (revenue +281.5% year-over-year).
- 2011: Revenue of $84K, expenses of $95K, and assets of $85K (revenue -70.7% year-over-year).
- 2011: Revenue of $286K, expenses of $356K, and assets of $99K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Museum Of Contemporary Art:
Data Sources and Methodology
This transparency report for Museum Of Contemporary Art 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.