Norman Arts And Humanities Council
EIN: 731051578 · Norman, OK · NTEE: A26Z
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $814K |
| Net Assets | $274K |
Is Norman Arts And Humanities Council Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Norman Arts And Humanities Council
Norman Arts And Humanities Council (EIN: 731051578) is a nonprofit organization based in Norman, OK, classified under NTEE code A26Z. The organization reported total revenue of $1.2M and total assets of $664K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Norman Arts And Humanities Council's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Norman Arts And Humanities Council is a mid-size nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $805K |
| Total Expenses | $814K |
| Surplus / Deficit | $-9,368 |
| Total Assets | $423K |
| Total Liabilities | $149K |
| Net Assets | $274K |
| Operating Margin | -1.2% |
| Debt-to-Asset Ratio | 35.2% |
| Months of Reserves | 6.2 months |
Financial Health Grade: B
In 2023, Norman Arts And Humanities Council reported a deficit of $9K with expenses exceeding revenue, holds 6.2 months of operating reserves (strong position), has a debt-to-asset ratio of 35.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Norman Arts And Humanities Council's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.4% | +1.7% | +4.7% |
| 2022 | -18.0% | +7.5% | +3.7% |
| 2021 | +47.7% | +23.4% | +152.3% |
| 2020 | -2.8% | -12.3% | -21.9% |
| 2019 | +5.3% | -7.8% | +17.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 0000 |
| IRS Ruling Date | 1979 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Norman Arts And Humanities Council 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 Norman Arts And Humanities Council 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 $9K, with expenses exceeding revenue.
- Debt-to-asset ratio: 35.2%.
Frequently Asked Questions about Norman Arts And Humanities Council
Is Norman Arts And Humanities Council a legitimate charity?
Norman Arts And Humanities Council (EIN: 731051578) is a registered tax-exempt nonprofit based in Oklahoma. It has 13 years of IRS 990 filings on record. Total revenue: $1.2M. No red flags identified. Financial health grade: B.
How does Norman Arts And Humanities Council spend its money?
Norman Arts And Humanities Council reported $1.2M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Norman Arts And Humanities Council tax-deductible?
Norman Arts And Humanities Council is registered as a tax-exempt nonprofit (EIN: 731051578). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Norman Arts And Humanities Council located?
Norman Arts And Humanities Council is headquartered in Norman, Oklahoma and files with the IRS under EIN 731051578. It is classified under NTEE code A26Z.
How many years of IRS 990 filings does Norman Arts And Humanities Council have?
Norman Arts And Humanities Council 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 $1.2M in total revenue.
Filing History
IRS 990 filing history for Norman Arts And Humanities Council showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Norman Arts And Humanities Council's revenue has grown by 76.2%, moving from $457K to $805K. Total assets increased by 197.8% over the same period, from $142K to $423K. Total functional expenses rose by 69.7%, from $480K to $814K. In its most recent filing year (2023), Norman Arts And Humanities Council reported a deficit of $9K, with expenses exceeding revenue. The organization holds $149K in liabilities against $423K in assets (debt-to-asset ratio: 35.2%), resulting in net assets of $274K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $805K | $814K | $423K | $149K | — | — |
| 2022 | $793K | $800K | $404K | $118K | — | View 990 |
| 2021 | $968K | $744K | $389K | $97K | — | View 990 |
| 2020 | $655K | $603K | $154K | $85K | — | — |
| 2019 | $674K | $688K | $198K | $181K | — | — |
| 2018 | $640K | $746K | $169K | $138K | — | View 990 |
| 2017 | $752K | $698K | $244K | $107K | — | View 990 |
| 2016 | $676K | $694K | $220K | $135K | — | View 990 |
| 2015 | $581K | $607K | $227K | $124K | — | View 990 |
| 2014 | $539K | $486K | $167K | $43K | — | View 990 |
| 2013 | $408K | $427K | $126K | $55K | — | View 990 |
| 2012 | $387K | $372K | $128K | $39K | — | View 990 |
| 2011 | $457K | $480K | $142K | $68K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $805K, expenses of $814K, and assets of $423K (revenue +1.4% year-over-year).
- 2022: Revenue of $793K, expenses of $800K, and assets of $404K (revenue -18.0% year-over-year).
- 2021: Revenue of $968K, expenses of $744K, and assets of $389K (revenue +47.7% year-over-year).
- 2020: Revenue of $655K, expenses of $603K, and assets of $154K (revenue -2.8% year-over-year).
- 2019: Revenue of $674K, expenses of $688K, and assets of $198K (revenue +5.3% year-over-year).
- 2018: Revenue of $640K, expenses of $746K, and assets of $169K (revenue -14.8% year-over-year).
- 2017: Revenue of $752K, expenses of $698K, and assets of $244K (revenue +11.1% year-over-year).
- 2016: Revenue of $676K, expenses of $694K, and assets of $220K (revenue +16.4% year-over-year).
- 2015: Revenue of $581K, expenses of $607K, and assets of $227K (revenue +7.8% year-over-year).
- 2014: Revenue of $539K, expenses of $486K, and assets of $167K (revenue +31.9% year-over-year).
- 2013: Revenue of $408K, expenses of $427K, and assets of $126K (revenue +5.4% year-over-year).
- 2012: Revenue of $387K, expenses of $372K, and assets of $128K (revenue -15.2% year-over-year).
- 2011: Revenue of $457K, expenses of $480K, and assets of $142K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Norman Arts And Humanities Council:
Data Sources and Methodology
This transparency report for Norman Arts And Humanities Council 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.