Old Jail Art Center
Old Jail Art Center consistently generates surpluses, growing assets to over $25 million with no reported officer compensation.
EIN: 132952646 · Albany, TX · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.1M |
| Total Expenses | $841K |
| Program Spending | 80% |
| Net Assets | $25.6M |
| Transparency Score | 85/100 |
Is Old Jail Art Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Old Jail Art Center directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Old Jail Art Center
Old Jail Art Center (EIN: 132952646) is a nonprofit organization based in Albany, TX. The organization reported total revenue of $6.1M and total assets of $28.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Old Jail Art Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Old Jail Art Center is a mid-size nonprofit that has been operating for 46 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $841K |
| Surplus / Deficit | +$557K |
| Total Assets | $25.7M |
| Total Liabilities | $43K |
| Net Assets | $25.6M |
| Operating Margin | 39.8% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 366.4 months |
Financial Health Grade: A
In 2023, Old Jail Art Center reported a surplus of $557K with revenue exceeding expenses, holds 366.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Old Jail Art Center's revenue has grown at a compound annual growth rate (CAGR) of 11.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.5% | -1.4% | +9.3% |
| 2022 | -20.3% | +14.6% | -8.9% |
| 2021 | +28.8% | -0.7% | +7.3% |
| 2020 | +9.2% | -9.6% | +7.4% |
| 2019 | +6.3% | -2.3% | +10.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Old Jail Art Center 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, Old Jail Art Center 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 $557K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either a fully volunteer executive leadership or that compensation is reported under other expense categories, which would require further investigation. This practice, if truly no compensation is paid, significantly reduces administrative overhead.
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 Old Jail Art Center's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided summary data, limiting granular efficiency analysis.
Strengths
The following positive indicators were identified for Old Jail Art Center:
- Consistent financial surpluses, with revenue regularly exceeding expenses.
- Strong and growing asset base, reaching over $25 million in 2023.
- Very low liabilities, indicating minimal debt and strong financial stability.
- No reported officer compensation, suggesting highly efficient executive leadership or volunteer model.
- Consistent revenue generation over the past decade.
Frequently Asked Questions about Old Jail Art Center
Is Old Jail Art Center a legitimate charity?
Old Jail Art Center (EIN: 132952646) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $6.1M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Old Jail Art Center spend its money?
Old Jail Art Center directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Old Jail Art Center tax-deductible?
Old Jail Art Center is registered as a tax-exempt nonprofit (EIN: 132952646). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Old Jail Art Center's spending goes to programs?
Old Jail Art Center directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Old Jail Art Center located?
Old Jail Art Center is headquartered in Albany, Texas and files with the IRS under EIN 132952646.
How many years of IRS 990 filings does Old Jail Art Center have?
Old Jail Art Center has 12 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 $6.1M in total revenue.
Is Old Jail Art Center a good charity?
Based on the available financial data, Old Jail Art Center appears to be a financially healthy and well-managed organization. It consistently generates surpluses, has a strong asset base, and reports no officer compensation, which are positive indicators. However, a full assessment would benefit from detailed program spending data.
How has Old Jail Art Center's financial health changed over time?
The organization has shown consistent financial growth. Revenue has generally increased over the past decade, from $683,665 in 2013 to $1,398,194 in 2023. Assets have also grown substantially, from $17,324,897 in 2013 to $25,691,578 in 2023, while liabilities have remained very low.
What is the organization's approach to executive compensation?
The Old Jail Art Center reports 0% officer compensation in all provided IRS 990 filings. This suggests that its executive leadership may be entirely volunteer-based or compensated through non-officer roles, which is a highly efficient model for reducing overhead.
Filing History
IRS 990 filing history for Old Jail Art Center showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Old Jail Art Center's revenue has grown by 268.1%, moving from $380K to $1.4M. Total assets increased by 59.6% over the same period, from $16.1M to $25.7M. Total functional expenses rose by 58.2%, from $532K to $841K. In its most recent filing year (2023), Old Jail Art Center reported a surplus of $557K, with revenue exceeding expenses. The organization holds $43K in liabilities against $25.7M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $25.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $841K | $25.7M | $43K | — | — |
| 2022 | $1.3M | $854K | $23.5M | $109K | — | View 990 |
| 2021 | $1.6M | $745K | $25.8M | $67K | — | View 990 |
| 2020 | $1.2M | $750K | $24.1M | $36K | — | View 990 |
| 2019 | $1.1M | $830K | $22.4M | $26K | — | View 990 |
| 2018 | $1.1M | $850K | $20.3M | $16K | — | View 990 |
| 2017 | $915K | $786K | $21.5M | $39K | — | View 990 |
| 2016 | $663K | $760K | $20.4M | $24K | — | View 990 |
| 2015 | $1.6M | $712K | $20.1M | $79K | — | View 990 |
| 2013 | $684K | $616K | $17.3M | $44K | — | View 990 |
| 2012 | $632K | $598K | $16.6M | $77K | — | View 990 |
| 2011 | $380K | $532K | $16.1M | $87K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $841K, and assets of $25.7M (revenue +9.5% year-over-year).
- 2022: Revenue of $1.3M, expenses of $854K, and assets of $23.5M (revenue -20.3% year-over-year).
- 2021: Revenue of $1.6M, expenses of $745K, and assets of $25.8M (revenue +28.8% year-over-year).
- 2020: Revenue of $1.2M, expenses of $750K, and assets of $24.1M (revenue +9.2% year-over-year).
- 2019: Revenue of $1.1M, expenses of $830K, and assets of $22.4M (revenue +6.3% year-over-year).
- 2018: Revenue of $1.1M, expenses of $850K, and assets of $20.3M (revenue +17.1% year-over-year).
- 2017: Revenue of $915K, expenses of $786K, and assets of $21.5M (revenue +38.1% year-over-year).
- 2016: Revenue of $663K, expenses of $760K, and assets of $20.4M (revenue -58.6% year-over-year).
- 2015: Revenue of $1.6M, expenses of $712K, and assets of $20.1M (revenue +134.2% year-over-year).
- 2013: Revenue of $684K, expenses of $616K, and assets of $17.3M (revenue +8.2% year-over-year).
- 2012: Revenue of $632K, expenses of $598K, and assets of $16.6M (revenue +66.4% year-over-year).
- 2011: Revenue of $380K, expenses of $532K, and assets of $16.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Old Jail Art Center:
Data Sources and Methodology
This transparency report for Old Jail Art 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.