Prairie Music & Arts
Prairie Music & Arts faces recent financial deficit after period of strong revenue.
EIN: 204959117 · Sun Prairie, WI · NTEE: A6E0 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $152K |
| Total Expenses | $123K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $59,455 |
| Net Assets | $-963 |
| Transparency Score | 65/100 |
Is Prairie Music & Arts Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Prairie Music & Arts directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Prairie Music & Arts
Prairie Music & Arts (EIN: 204959117) is a nonprofit organization based in Sun Prairie, WI, classified under NTEE code A6E0. The organization reported total revenue of $152K and total assets of $57K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Prairie Music & Arts's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Prairie Music & Arts is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -10.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $59K |
| Total Expenses | $123K |
| Surplus / Deficit | $-63,314 |
| Total Assets | $29K |
| Total Liabilities | $30K |
| Net Assets | $-963 |
| Operating Margin | -106.5% |
| Debt-to-Asset Ratio | 103.3% |
| Months of Reserves | 2.8 months |
Financial Health Grade: D
In 2023, Prairie Music & Arts reported a deficit of $63K with expenses exceeding revenue, holds 2.8 months of operating reserves (limited), has a debt-to-asset ratio of 103.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Prairie Music & Arts's revenue has declined at a compound annual growth rate (CAGR) of -10.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -82.8% | -41.5% | -77.8% |
| 2022 | +117.4% | -2.7% | +48.8% |
| 2021 | -9.1% | -2.5% | -34.5% |
| 2020 | -23.3% | +6.7% | +56.2% |
| 2019 | +7.7% | -1.0% | +10.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
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 Prairie Music & Arts with a Mission Score of 65 out of 100 (Good). 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, Prairie Music & Arts 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 deficit of $63K, with expenses exceeding revenue.
- Debt-to-asset ratio: 103.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries were paid to officers, which is highly unusual for an organization with revenues fluctuating between $59,455 and $346,224.
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 Prairie Music & Arts's IRS 990 filings:
- Significant deficit in the most recent fiscal period (202307: Expenses $122,769 vs. Revenue $59,455)
- Highly volatile revenue streams, making financial planning and sustainability uncertain
- Liabilities exceeding assets in some periods (e.g., 202107: Assets $87,652, Liabilities $125,455), indicating potential solvency issues.
Strengths
The following positive indicators were identified for Prairie Music & Arts:
- Consistent reporting of 0% officer compensation, indicating resources are directed away from executive salaries.
- Long and consistent IRS 990 filing history (13 filings), demonstrating transparency and compliance.
- Demonstrated ability to generate substantial revenue in some periods (e.g., $346,224 in 202207).
Frequently Asked Questions about Prairie Music & Arts
Is Prairie Music & Arts a legitimate charity?
Prairie Music & Arts (EIN: 204959117) is a registered tax-exempt nonprofit based in Wisconsin. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $152K. 3 red flags identified. 3 strengths noted. Financial health grade: D.
How does Prairie Music & Arts spend its money?
Prairie Music & Arts directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Prairie Music & Arts tax-deductible?
Prairie Music & Arts is registered as a tax-exempt nonprofit (EIN: 204959117). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Prairie Music & Arts CEO make?
Prairie Music & Arts's highest-compensated officer earns $59,455 annually. The organization reported $152K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Prairie Music & Arts's spending goes to programs?
Prairie Music & Arts directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Prairie Music & Arts compare to similar nonprofits?
With a transparency score of 65/100 (Good), Prairie Music & Arts is above average for NTEE category A6E0 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Prairie Music & Arts located?
Prairie Music & Arts is headquartered in Sun Prairie, Wisconsin and files with the IRS under EIN 204959117. It is classified under NTEE code A6E0.
How many years of IRS 990 filings does Prairie Music & Arts have?
Prairie Music & Arts 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 $152K in total revenue.
Is Prairie Music & Arts financially stable?
Prairie Music & Arts shows inconsistent financial stability. While they had a strong surplus in 202207 (Revenue: $346,224, Expenses: $209,804), the most recent filing for 202307 indicates a significant deficit (Revenue: $59,455, Expenses: $122,769), suggesting potential financial challenges.
How does Prairie Music & Arts manage executive compensation?
Prairie Music & Arts consistently reports 0% officer compensation across all available filings, meaning no salaries were paid to officers. This indicates a volunteer-led or very lean executive structure.
What is the trend in Prairie Music & Arts' revenue?
Revenue for Prairie Music & Arts has been highly volatile. It peaked at $346,224 in 202207 but dropped sharply to $59,455 in 202307, following several years of revenue generally between $150,000 and $230,000.
Filing History
IRS 990 filing history for Prairie Music & Arts showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Prairie Music & Arts's revenue has declined by 71.7%, moving from $210K to $59K. Total assets decreased by 51.6% over the same period, from $60K to $29K. Total functional expenses fell by 41.4%, from $209K to $123K. In its most recent filing year (2023), Prairie Music & Arts reported a deficit of $63K, with expenses exceeding revenue. The organization holds $30K in liabilities against $29K in assets (debt-to-asset ratio: 103.3%), resulting in net assets of $-963.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $59K | $123K | $29K | $30K | — | View 990 |
| 2022 | $346K | $210K | $130K | $32K | — | View 990 |
| 2021 | $159K | $216K | $88K | $125K | — | View 990 |
| 2020 | $175K | $221K | $134K | $115K | — | View 990 |
| 2019 | $229K | $207K | $86K | $21K | — | View 990 |
| 2018 | $212K | $210K | $78K | $34K | — | View 990 |
| 2017 | $205K | $211K | $67K | $26K | — | View 990 |
| 2016 | $226K | $230K | $78K | $31K | — | View 990 |
| 2015 | $155K | $127K | $80K | $28K | — | View 990 |
| 2014 | $230K | $244K | $55K | $31K | — | View 990 |
| 2013 | $224K | $225K | $59K | $21K | — | View 990 |
| 2012 | $229K | $217K | $60K | $23K | — | View 990 |
| 2011 | $210K | $209K | $60K | $34K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $59K, expenses of $123K, and assets of $29K (revenue -82.8% year-over-year).
- 2022: Revenue of $346K, expenses of $210K, and assets of $130K (revenue +117.4% year-over-year).
- 2021: Revenue of $159K, expenses of $216K, and assets of $88K (revenue -9.1% year-over-year).
- 2020: Revenue of $175K, expenses of $221K, and assets of $134K (revenue -23.3% year-over-year).
- 2019: Revenue of $229K, expenses of $207K, and assets of $86K (revenue +7.7% year-over-year).
- 2018: Revenue of $212K, expenses of $210K, and assets of $78K (revenue +3.3% year-over-year).
- 2017: Revenue of $205K, expenses of $211K, and assets of $67K (revenue -9.1% year-over-year).
- 2016: Revenue of $226K, expenses of $230K, and assets of $78K (revenue +46.4% year-over-year).
- 2015: Revenue of $155K, expenses of $127K, and assets of $80K (revenue -32.7% year-over-year).
- 2014: Revenue of $230K, expenses of $244K, and assets of $55K (revenue +2.4% year-over-year).
- 2013: Revenue of $224K, expenses of $225K, and assets of $59K (revenue -2.0% year-over-year).
- 2012: Revenue of $229K, expenses of $217K, and assets of $60K (revenue +9.0% year-over-year).
- 2011: Revenue of $210K, expenses of $209K, and assets of $60K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Prairie Music & Arts:
Data Sources and Methodology
This transparency report for Prairie Music & 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.