Performing Arts Center On The Square
EIN: 571158484 · Searcy, AR · NTEE: A60
| Metric | Value |
|---|---|
| Total Revenue | $69K |
| Total Expenses | $54K |
| Net Assets | $79K |
Is Performing Arts Center On The Square Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Performing Arts Center On The Square
Performing Arts Center On The Square (EIN: 571158484) is a nonprofit organization based in Searcy, AR, classified under NTEE code A60. The organization reported total revenue of $69K and total assets of $77K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Performing Arts Center On The Square's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Performing Arts Center On The Square is a micro nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -7.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $49K |
| Total Expenses | $54K |
| Surplus / Deficit | $-4,314 |
| Total Assets | $79K |
| Net Assets | $79K |
| Operating Margin | -8.7% |
| Months of Reserves | 17.7 months |
Financial Health Grade: B
In 2024, Performing Arts Center On The Square reported a deficit of $4K with expenses exceeding revenue, holds 17.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2024), Performing Arts Center On The Square's revenue has declined at a compound annual growth rate (CAGR) of -7.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +2.4% | -2.3% | -7.5% |
| 2022 | +4.4% | +124.4% | -7.4% |
| 2021 | -62.6% | -79.6% | -2.1% |
| 2020 | -21.1% | -12.7% | -7.5% |
| 2019 | +2.8% | +4.8% | +10.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Performing Arts Center On The Square 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 Performing Arts Center On The Square 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
Frequently Asked Questions about Performing Arts Center On The Square
Is Performing Arts Center On The Square a legitimate charity?
Performing Arts Center On The Square (EIN: 571158484) is a registered tax-exempt nonprofit based in Arkansas. It has 13 years of IRS 990 filings on record. Total revenue: $69K. No red flags identified. Financial health grade: B.
How does Performing Arts Center On The Square spend its money?
Performing Arts Center On The Square reported $69K 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 Performing Arts Center On The Square tax-deductible?
Performing Arts Center On The Square is registered as a tax-exempt nonprofit (EIN: 571158484). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Performing Arts Center On The Square located?
Performing Arts Center On The Square is headquartered in Searcy, Arkansas and files with the IRS under EIN 571158484. It is classified under NTEE code A60.
How many years of IRS 990 filings does Performing Arts Center On The Square have?
Performing Arts Center On The Square 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 $69K in total revenue.
Filing History
IRS 990 filing history for Performing Arts Center On The Square showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2024), Performing Arts Center On The Square's revenue has declined by 61.5%, moving from $128K to $49K. Total assets increased by 581.9% over the same period, from $12K to $79K. Total functional expenses fell by 58.3%, from $129K to $54K. In its most recent filing year (2024), Performing Arts Center On The Square reported a deficit of $4K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $49K | $54K | $79K | $0 | — | — |
| 2022 | $48K | $55K | $85K | $49 | — | — |
| 2021 | $46K | $24K | $92K | $130 | — | — |
| 2020 | $124K | $120K | $94K | $24K | — | View 990 |
| 2019 | $157K | $138K | $102K | $35K | — | View 990 |
| 2018 | $152K | $131K | $93K | $45K | — | View 990 |
| 2017 | $105K | $107K | $87K | $60K | — | View 990 |
| 2016 | $103K | $99K | $92K | $64K | — | View 990 |
| 2015 | $106K | $107K | $97K | $73K | — | View 990 |
| 2014 | $144K | $125K | $103K | $79K | — | View 990 |
| 2013 | $127K | $122K | $98K | $92K | — | View 990 |
| 2012 | $131K | $141K | $2K | $1K | — | View 990 |
| 2011 | $128K | $129K | $12K | $805 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $49K, expenses of $54K, and assets of $79K (revenue +2.4% year-over-year).
- 2022: Revenue of $48K, expenses of $55K, and assets of $85K (revenue +4.4% year-over-year).
- 2021: Revenue of $46K, expenses of $24K, and assets of $92K (revenue -62.6% year-over-year).
- 2020: Revenue of $124K, expenses of $120K, and assets of $94K (revenue -21.1% year-over-year).
- 2019: Revenue of $157K, expenses of $138K, and assets of $102K (revenue +2.8% year-over-year).
- 2018: Revenue of $152K, expenses of $131K, and assets of $93K (revenue +45.5% year-over-year).
- 2017: Revenue of $105K, expenses of $107K, and assets of $87K (revenue +1.7% year-over-year).
- 2016: Revenue of $103K, expenses of $99K, and assets of $92K (revenue -3.3% year-over-year).
- 2015: Revenue of $106K, expenses of $107K, and assets of $97K (revenue -25.9% year-over-year).
- 2014: Revenue of $144K, expenses of $125K, and assets of $103K (revenue +12.9% year-over-year).
- 2013: Revenue of $127K, expenses of $122K, and assets of $98K (revenue -2.9% year-over-year).
- 2012: Revenue of $131K, expenses of $141K, and assets of $2K (revenue +2.4% year-over-year).
- 2011: Revenue of $128K, expenses of $129K, and assets of $12K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Performing Arts Center On The Square:
Data Sources and Methodology
This transparency report for Performing Arts Center On The Square 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.