Norfolk Arts Center
Norfolk Arts Center shows consistent asset growth and no reported officer compensation, despite recent revenue fluctuations.
EIN: 13515109 · Norfolk, NE · NTEE: A200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $600K |
| Total Expenses | $401K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $3.0M |
| Transparency Score | 90/100 |
Search Intent Cockpit
Norfolk Arts Center Form 990, Revenue, CEO Pay, and IRS Filing Signals
Norfolk Arts Center is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Norfolk Arts Center in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $278K and expenses of $401K.
Revenue and Expenses
Norfolk Arts Center reported $278K in revenue and $401K in expenses, a deficit of $123K.
Executive Compensation
Top officer compensation appears as $3 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
90/100 mission score, 2 red flags, and 5 strengths are shown from structured and AI review.
Is Norfolk Arts Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $341K (85%) |
Across stored filings, Norfolk Arts Center shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 85% to programs | Excellent |
| Financial durability | Grade B | 13 stored filing years |
| Peer context | Compare with Burlington Capital Foundation | Nebraska and Arts & Culture context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Local and Sector Spokes
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Jump into spending, compensation, rankings, and filing-year evidence.
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Keep the Investigation Moving
Norfolk Arts Center directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Norfolk Arts Center
Norfolk Arts Center (EIN: 13515109) is a nonprofit organization based in Norfolk, NE, classified under NTEE code A200. The organization reported total revenue of $600K and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Norfolk Arts Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Norfolk Arts Center is a small nonprofit that has been operating for 46 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $278K |
| Total Expenses | $401K |
| Surplus / Deficit | $-122,938 |
| Total Assets | $3.0M |
| Total Liabilities | $4K |
| Net Assets | $3.0M |
| Operating Margin | -44.3% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 89.9 months |
Financial Health Grade: B
In 2024, Norfolk Arts Center reported a deficit of $123K with expenses exceeding revenue, holds 89.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Norfolk Arts Center's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -51.0% | +19.8% | +2.5% |
| 2023 | +94.7% | +10.3% | +12.0% |
| 2022 | -0.4% | +17.8% | -9.9% |
| 2021 | -49.2% | -18.9% | +15.8% |
| 2020 | +1.5% | +10.5% | +10.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1980 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Norfolk Arts Center with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Norfolk Arts Center allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $123K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries, which is highly unusual for an organization of this size with assets over $3 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Norfolk Arts Center's IRS 990 filings:
- Recent deficit in 2024 filing (Expenses $400,710 vs. Revenue $277,772)
- Significant fluctuation in annual revenue, making financial planning potentially challenging
Strengths
The following positive indicators were identified for Norfolk Arts Center:
- Consistent asset growth over the past decade (from $1.9M to $3.2M)
- Zero reported officer compensation across all filings, indicating high efficiency and dedication
- Low liabilities relative to assets, suggesting strong financial stability
- Generally operates with a surplus, demonstrating good financial management (except for 2024)
- Clear mission alignment with NTEE code and organization name
Frequently Asked Questions about Norfolk Arts Center
Is Norfolk Arts Center a legitimate charity?
Norfolk Arts Center (EIN: 13515109) is a registered tax-exempt nonprofit based in Nebraska. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $600K. 2 red flags identified. 5 strengths noted. Financial health grade: B.
How does Norfolk Arts Center spend its money?
Norfolk Arts Center directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Norfolk Arts Center tax-deductible?
Norfolk Arts Center is registered as a tax-exempt nonprofit (EIN: 13515109). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Norfolk Arts Center CEO make?
Norfolk Arts Center's highest-compensated officer earns $3 annually. The organization reported $600K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Norfolk Arts Center's spending goes to programs?
Norfolk Arts Center directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Norfolk Arts Center compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Norfolk Arts Center is above average for NTEE category A200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Norfolk Arts Center located?
Norfolk Arts Center is headquartered in Norfolk, Nebraska and files with the IRS under EIN 13515109. It is classified under NTEE code A200.
How many years of IRS 990 filings does Norfolk Arts Center have?
Norfolk Arts Center has 13 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 $600K in total revenue.
Is Norfolk Arts Center a good charity?
Based on the available data, Norfolk Arts Center appears to be a good charity. It demonstrates strong financial health with growing assets, low liabilities, and a consistent commitment to its mission without any reported officer compensation, suggesting efficient use of funds.
How does Norfolk Arts Center manage its executive compensation?
Norfolk Arts Center consistently reports 0% officer compensation in all available IRS 990 filings, indicating that its leadership either volunteers their time or is compensated through other means not classified as officer compensation, which is a strong positive for resource allocation.
What is the trend in Norfolk Arts Center's assets?
Norfolk Arts Center has shown consistent asset growth over the past decade, increasing from $1,973,660 in 2016 to $3,239,630 currently, indicating sound financial management and accumulation of resources.
Did Norfolk Arts Center operate at a deficit recently?
Yes, in the 2024 period, Norfolk Arts Center reported expenses of $400,710 against revenue of $277,772, resulting in a deficit for that specific year. This is a change from the prior year's surplus of $231,986.
Filing History
IRS 990 filing history for Norfolk Arts Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Norfolk Arts Center's revenue has grown by 47.5%, moving from $188K to $278K. Total assets increased by 53.3% over the same period, from $2.0M to $3.0M. Total functional expenses rose by 65.7%, from $242K to $401K. In its most recent filing year (2024), Norfolk Arts Center reported a deficit of $123K, with expenses exceeding revenue. The organization holds $4K in liabilities against $3.0M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $3.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $278K | $401K | $3.0M | $4K | — | — |
| 2023 | $566K | $334K | $2.9M | $5K | — | — |
| 2022 | $291K | $303K | $2.6M | $7K | — | View 990 |
| 2021 | $292K | $257K | $2.9M | $5K | — | — |
| 2020 | $575K | $317K | $2.5M | $25K | — | View 990 |
| 2019 | $567K | $287K | $2.3M | $9K | — | View 990 |
| 2018 | $287K | $305K | $2.1M | $48K | — | View 990 |
| 2017 | $231K | $298K | $2.0M | $30K | — | View 990 |
| 2016 | $293K | $302K | $2.0M | $28K | — | View 990 |
| 2015 | $317K | $277K | $2.1M | $33K | — | View 990 |
| 2014 | $235K | $282K | $2.1M | $18K | — | View 990 |
| 2013 | $237K | $283K | $2.0M | $4K | — | View 990 |
| 2012 | $188K | $242K | $2.0M | $22K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $278K, expenses of $401K, and assets of $3.0M (revenue -51.0% year-over-year).
- 2023: Revenue of $566K, expenses of $334K, and assets of $2.9M (revenue +94.7% year-over-year).
- 2022: Revenue of $291K, expenses of $303K, and assets of $2.6M (revenue -0.4% year-over-year).
- 2021: Revenue of $292K, expenses of $257K, and assets of $2.9M (revenue -49.2% year-over-year).
- 2020: Revenue of $575K, expenses of $317K, and assets of $2.5M (revenue +1.5% year-over-year).
- 2019: Revenue of $567K, expenses of $287K, and assets of $2.3M (revenue +97.6% year-over-year).
- 2018: Revenue of $287K, expenses of $305K, and assets of $2.1M (revenue +24.1% year-over-year).
- 2017: Revenue of $231K, expenses of $298K, and assets of $2.0M (revenue -21.2% year-over-year).
- 2016: Revenue of $293K, expenses of $302K, and assets of $2.0M (revenue -7.4% year-over-year).
- 2015: Revenue of $317K, expenses of $277K, and assets of $2.1M (revenue +34.7% year-over-year).
- 2014: Revenue of $235K, expenses of $282K, and assets of $2.1M (revenue -0.7% year-over-year).
- 2013: Revenue of $237K, expenses of $283K, and assets of $2.0M (revenue +25.8% year-over-year).
- 2012: Revenue of $188K, expenses of $242K, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Norfolk Arts Center:
Data Sources and Methodology
This transparency report for Norfolk Arts 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.