North American Folk Music And Dance Alliance Inc
North American Folk Music And Dance Alliance Inc maintains stable finances with consistent surpluses and no reported officer compensation.
EIN: 200644377 · Tucson, AZ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $98K |
| Total Expenses | $65K |
| Program Spending | 80% |
| Net Assets | $83K |
| Transparency Score | 85/100 |
Is North American Folk Music And Dance Alliance Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
North American Folk Music And Dance Alliance Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About North American Folk Music And Dance Alliance Inc
North American Folk Music And Dance Alliance Inc (EIN: 200644377) is a nonprofit organization based in Tucson, AZ. The organization reported total revenue of $98K and total assets of $128K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North American Folk Music And Dance Alliance Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
North American Folk Music And Dance Alliance Inc is a micro nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $76K |
| Total Expenses | $65K |
| Surplus / Deficit | +$12K |
| Total Assets | $87K |
| Total Liabilities | $4K |
| Net Assets | $83K |
| Operating Margin | 15.2% |
| Debt-to-Asset Ratio | 4.4% |
| Months of Reserves | 16.0 months |
Financial Health Grade: A
In 2023, North American Folk Music And Dance Alliance Inc reported a surplus of $12K with revenue exceeding expenses, holds 16.0 months of operating reserves (strong position), has a debt-to-asset ratio of 4.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), North American Folk Music And Dance Alliance Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.3% | +72.8% | +20.9% |
| 2022 | -68.8% | -78.9% | -31.1% |
| 2021 | +26.4% | +18.9% | -2.0% |
| 2020 | +19.3% | +22.4% | +19.1% |
| 2019 | +59.2% | +33.9% | +40.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1996 |
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 North American Folk Music And Dance Alliance Inc with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, North American Folk Music And Dance Alliance Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $12K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.4%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that officers are either unpaid volunteers or receive no reportable compensation, which is highly favorable for an organization of this size.
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.
Strengths
The following positive indicators were identified for North American Folk Music And Dance Alliance Inc:
- Consistent financial surpluses in most recent years (e.g., $76,445 revenue vs. $64,846 expenses in 2023).
- Zero reported officer compensation across all 13 filings, indicating efficient use of funds for leadership.
- Growing asset base, from $72,500 in 2014 to $86,581 in 2023, demonstrating financial stability.
- Significant reduction in liabilities from $59,528 in 2020 to $3,793 in 2023, improving financial health.
- Long history of IRS 990 filings (13 filings), indicating transparency and compliance.
Frequently Asked Questions about North American Folk Music And Dance Alliance Inc
Is North American Folk Music And Dance Alliance Inc a legitimate charity?
North American Folk Music And Dance Alliance Inc (EIN: 200644377) is a registered tax-exempt nonprofit based in Arizona. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $98K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does North American Folk Music And Dance Alliance Inc spend its money?
North American Folk Music And Dance Alliance Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to North American Folk Music And Dance Alliance Inc tax-deductible?
North American Folk Music And Dance Alliance Inc is registered as a tax-exempt nonprofit (EIN: 200644377). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of North American Folk Music And Dance Alliance Inc's spending goes to programs?
North American Folk Music And Dance Alliance Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is North American Folk Music And Dance Alliance Inc located?
North American Folk Music And Dance Alliance Inc is headquartered in Tucson, Arizona and files with the IRS under EIN 200644377.
How many years of IRS 990 filings does North American Folk Music And Dance Alliance Inc have?
North American Folk Music And Dance Alliance Inc 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 $98K in total revenue.
Is North American Folk Music And Dance Alliance Inc a good charity?
Based on the provided financial data, the organization appears to be a well-managed charity. It consistently generates surpluses, has growing assets, and reports no officer compensation, which are all positive indicators of financial health and responsible stewardship.
How has the organization's financial health changed over time?
The organization has shown consistent financial stability, with assets growing from $72,500 in 2014 to $86,581 in 2023. While revenue has fluctuated, it has generally maintained a positive net income, indicating sustainable operations.
What is the trend in liabilities for the organization?
Liabilities have shown a positive trend, decreasing significantly from a peak of $59,528 in 2020 to a low of $3,793 in 2023, indicating effective debt management and a stronger financial position.
Filing History
IRS 990 filing history for North American Folk Music And Dance Alliance Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), North American Folk Music And Dance Alliance Inc's revenue has grown by 6.7%, moving from $72K to $76K. Total assets increased by 67.9% over the same period, from $52K to $87K. Total functional expenses fell by 35.2%, from $100K to $65K. In its most recent filing year (2023), North American Folk Music And Dance Alliance Inc reported a surplus of $12K, with revenue exceeding expenses. The organization holds $4K in liabilities against $87K in assets (debt-to-asset ratio: 4.4%), resulting in net assets of $83K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $76K | $65K | $87K | $4K | — | — |
| 2022 | $66K | $38K | $72K | $437 | — | View 990 |
| 2021 | $210K | $178K | $104K | $25K | — | View 990 |
| 2020 | $167K | $150K | $106K | $60K | — | View 990 |
| 2019 | $140K | $122K | $89K | $59K | — | View 990 |
| 2018 | $88K | $91K | $63K | $51K | — | View 990 |
| 2017 | $70K | $89K | $61K | $45K | — | View 990 |
| 2016 | $68K | $62K | $78K | $43K | — | View 990 |
| 2015 | $64K | $56K | $74K | $45K | — | View 990 |
| 2014 | $92K | $65K | $73K | $52K | — | View 990 |
| 2013 | $55K | $55K | $66K | $72K | — | View 990 |
| 2012 | $98K | $83K | $70K | $75K | — | View 990 |
| 2011 | $72K | $100K | $52K | $84K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $76K, expenses of $65K, and assets of $87K (revenue +16.3% year-over-year).
- 2022: Revenue of $66K, expenses of $38K, and assets of $72K (revenue -68.8% year-over-year).
- 2021: Revenue of $210K, expenses of $178K, and assets of $104K (revenue +26.4% year-over-year).
- 2020: Revenue of $167K, expenses of $150K, and assets of $106K (revenue +19.3% year-over-year).
- 2019: Revenue of $140K, expenses of $122K, and assets of $89K (revenue +59.2% year-over-year).
- 2018: Revenue of $88K, expenses of $91K, and assets of $63K (revenue +24.5% year-over-year).
- 2017: Revenue of $70K, expenses of $89K, and assets of $61K (revenue +3.1% year-over-year).
- 2016: Revenue of $68K, expenses of $62K, and assets of $78K (revenue +6.2% year-over-year).
- 2015: Revenue of $64K, expenses of $56K, and assets of $74K (revenue -30.3% year-over-year).
- 2014: Revenue of $92K, expenses of $65K, and assets of $73K (revenue +66.5% year-over-year).
- 2013: Revenue of $55K, expenses of $55K, and assets of $66K (revenue -43.4% year-over-year).
- 2012: Revenue of $98K, expenses of $83K, and assets of $70K (revenue +36.7% year-over-year).
- 2011: Revenue of $72K, expenses of $100K, and assets of $52K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for North American Folk Music And Dance Alliance Inc:
Data Sources and Methodology
This transparency report for North American Folk Music And Dance Alliance Inc 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.