North Texas Business Council For The Arts
EIN: 752232449 · Dallas, TX · NTEE: A99Z
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $779K |
| Net Assets | $474K |
Is North Texas Business Council For The Arts Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About North Texas Business Council For The Arts
North Texas Business Council For The Arts (EIN: 752232449) is a nonprofit organization based in Dallas, TX, classified under NTEE code A99Z. The organization reported total revenue of $1.2M and total assets of $556K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North Texas Business Council For The Arts's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
North Texas Business Council For The Arts is a mid-size nonprofit that has been operating for 38 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $759K |
| Total Expenses | $779K |
| Surplus / Deficit | $-19,623 |
| Total Assets | $572K |
| Total Liabilities | $98K |
| Net Assets | $474K |
| Operating Margin | -2.6% |
| Debt-to-Asset Ratio | 17.1% |
| Months of Reserves | 8.8 months |
Financial Health Grade: B
In 2023, North Texas Business Council For The Arts reported a deficit of $20K with expenses exceeding revenue, holds 8.8 months of operating reserves (strong position), has a debt-to-asset ratio of 17.1% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), North Texas Business Council For The Arts's revenue has grown at a compound annual growth rate (CAGR) of 5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +53.5% | +38.8% | -7.6% |
| 2022 | -2.4% | -8.4% | +16.5% |
| 2021 | +15.4% | +15.6% | +10.6% |
| 2020 | -2.8% | -5.2% | +5.7% |
| 2019 | -7.4% | -11.0% | +8.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for North Texas Business Council For The Arts 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 North Texas Business Council For The Arts 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 $20K, with expenses exceeding revenue.
- Debt-to-asset ratio: 17.1%.
Frequently Asked Questions about North Texas Business Council For The Arts
Is North Texas Business Council For The Arts a legitimate charity?
Based on AI analysis of IRS 990 filings, North Texas Business Council For The Arts (EIN: 752232449) insufficient data. 0 red flags identified, 0 strengths noted.
How does North Texas Business Council For The Arts spend its money?
Detailed spending breakdown data is not yet available for North Texas Business Council For The Arts. Check back for updated IRS 990 analysis.
Are donations to North Texas Business Council For The Arts tax-deductible?
North Texas Business Council For The Arts is registered as a tax-exempt nonprofit (EIN: 752232449). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is North Texas Business Council For The Arts located?
North Texas Business Council For The Arts is headquartered in Dallas, Texas and files with the IRS under EIN 752232449. It is classified under NTEE code A99Z.
How many years of IRS 990 filings does North Texas Business Council For The Arts have?
North Texas Business Council For The Arts 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 $1.2M in total revenue.
Filing History
IRS 990 filing history for North Texas Business Council For The Arts showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), North Texas Business Council For The Arts's revenue has grown by 107.3%, moving from $366K to $759K. Total assets increased by 136.9% over the same period, from $241K to $572K. Total functional expenses rose by 107.6%, from $375K to $779K. In its most recent filing year (2023), North Texas Business Council For The Arts reported a deficit of $20K, with expenses exceeding revenue. The organization holds $98K in liabilities against $572K in assets (debt-to-asset ratio: 17.1%), resulting in net assets of $474K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $759K | $779K | $572K | $98K | — | — |
| 2022 | $495K | $561K | $619K | $125K | — | View 990 |
| 2021 | $507K | $612K | $531K | $141K | — | View 990 |
| 2020 | $439K | $530K | $480K | $139K | — | — |
| 2019 | $452K | $559K | $454K | $122K | — | View 990 |
| 2018 | $488K | $628K | $417K | $63K | — | View 990 |
| 2017 | $576K | $682K | $462K | $48K | — | View 990 |
| 2016 | $507K | $540K | $411K | $38K | — | View 990 |
| 2015 | $446K | $464K | $457K | $62K | — | View 990 |
| 2014 | $477K | $397K | $411K | $41K | — | View 990 |
| 2013 | $460K | $421K | $328K | $38K | — | View 990 |
| 2012 | $463K | $435K | $334K | $83K | — | View 990 |
| 2011 | $422K | $407K | $272K | $49K | — | View 990 |
| 2010 | $366K | $375K | $241K | $53K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $759K, expenses of $779K, and assets of $572K (revenue +53.5% year-over-year).
- 2022: Revenue of $495K, expenses of $561K, and assets of $619K (revenue -2.4% year-over-year).
- 2021: Revenue of $507K, expenses of $612K, and assets of $531K (revenue +15.4% year-over-year).
- 2020: Revenue of $439K, expenses of $530K, and assets of $480K (revenue -2.8% year-over-year).
- 2019: Revenue of $452K, expenses of $559K, and assets of $454K (revenue -7.4% year-over-year).
- 2018: Revenue of $488K, expenses of $628K, and assets of $417K (revenue -15.3% year-over-year).
- 2017: Revenue of $576K, expenses of $682K, and assets of $462K (revenue +13.7% year-over-year).
- 2016: Revenue of $507K, expenses of $540K, and assets of $411K (revenue +13.7% year-over-year).
- 2015: Revenue of $446K, expenses of $464K, and assets of $457K (revenue -6.7% year-over-year).
- 2014: Revenue of $477K, expenses of $397K, and assets of $411K (revenue +3.7% year-over-year).
- 2013: Revenue of $460K, expenses of $421K, and assets of $328K (revenue -0.5% year-over-year).
- 2012: Revenue of $463K, expenses of $435K, and assets of $334K (revenue +9.7% year-over-year).
- 2011: Revenue of $422K, expenses of $407K, and assets of $272K (revenue +15.1% year-over-year).
- 2010: Revenue of $366K, expenses of $375K, and assets of $241K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for North Texas Business Council For The Arts:
Data Sources and Methodology
This transparency report for North Texas Business Council For The Arts 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.