Regina Cooke Performing Art Centercommunity Impact Group Inc
Small arts nonprofit operates with minimal revenue and assets, consistently reporting zero officer compensation.
EIN: 208725741 · New Albany, MS · NTEE: A60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3K |
| Total Expenses | $3K |
| Program Spending | 80% |
| Net Assets | $1K |
| Transparency Score | 65/100 |
Is Regina Cooke Performing Art Centercommunity Impact Group Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Regina Cooke Performing Art Centercommunity Impact Group Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Regina Cooke Performing Art Centercommunity Impact Group Inc
Regina Cooke Performing Art Centercommunity Impact Group Inc (EIN: 208725741) is a nonprofit organization based in New Albany, MS, classified under NTEE code A60. The organization reported total revenue of $3K and total assets of $1K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Regina Cooke Performing Art Centercommunity Impact Group Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Regina Cooke Performing Art Centercommunity Impact Group Inc is a micro nonprofit that has been operating for 19 years, with 4 years of IRS 990 filings on record (2012–2021).
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $1K |
| Total Expenses | $3K |
| Surplus / Deficit | $-1,266 |
| Total Assets | $1K |
| Net Assets | $1K |
| Operating Margin | -98.4% |
| Months of Reserves | 5.7 months |
Financial Health Grade: B
In 2021, Regina Cooke Performing Art Centercommunity Impact Group Inc reported a deficit of $1K with expenses exceeding revenue, holds 5.7 months of operating reserves (adequate).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -37.0% | +102.4% | -51.1% |
| 2020 | +20.0% | — | +45.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| 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 Regina Cooke Performing Art Centercommunity Impact Group Inc 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, Regina Cooke Performing Art Centercommunity Impact Group 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through non-reportable means, which is common for very small, volunteer-led nonprofits.
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 Regina Cooke Performing Art Centercommunity Impact Group Inc's IRS 990 filings:
- Extremely low revenue and assets, indicating limited operational capacity
- Expenses exceeded revenue in 2021 ($2,552 expenses vs. $1,286 revenue), suggesting potential reliance on reserves or inconsistent funding
Strengths
The following positive indicators were identified for Regina Cooke Performing Art Centercommunity Impact Group Inc:
- Consistently reports 0% officer compensation, indicating efficient use of limited funds for leadership
- No reported liabilities across all filings, suggesting fiscal prudence and no debt burden
- Maintains a small asset base, demonstrating some financial stability despite low revenue
Frequently Asked Questions about Regina Cooke Performing Art Centercommunity Impact Group Inc
Is Regina Cooke Performing Art Centercommunity Impact Group Inc a legitimate charity?
Regina Cooke Performing Art Centercommunity Impact Group Inc (EIN: 208725741) is a registered tax-exempt nonprofit based in Mississippi. Our AI analysis gives it a Mission Score of 65/100. It has 4 years of IRS 990 filings on record. Total revenue: $3K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Regina Cooke Performing Art Centercommunity Impact Group Inc spend its money?
Regina Cooke Performing Art Centercommunity Impact Group Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Regina Cooke Performing Art Centercommunity Impact Group Inc tax-deductible?
Regina Cooke Performing Art Centercommunity Impact Group Inc is registered as a tax-exempt nonprofit (EIN: 208725741). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Regina Cooke Performing Art Centercommunity Impact Group Inc's spending goes to programs?
Regina Cooke Performing Art Centercommunity Impact Group Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Regina Cooke Performing Art Centercommunity Impact Group Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Regina Cooke Performing Art Centercommunity Impact Group Inc is above average for NTEE category A60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Regina Cooke Performing Art Centercommunity Impact Group Inc located?
Regina Cooke Performing Art Centercommunity Impact Group Inc is headquartered in New Albany, Mississippi and files with the IRS under EIN 208725741. It is classified under NTEE code A60.
How many years of IRS 990 filings does Regina Cooke Performing Art Centercommunity Impact Group Inc have?
Regina Cooke Performing Art Centercommunity Impact Group Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $3K in total revenue.
Is Regina Cooke Performing Art Centercommunity Impact Group Inc a good charity?
The organization demonstrates positive aspects like zero officer compensation and no reported liabilities. However, its extremely small scale (latest revenue $2,595, assets $1,213) means its overall impact is very limited. 'Good' is subjective, but it appears to be a fiscally responsible, albeit tiny, operation.
How does the organization fund its operations?
Based on the filings, the organization primarily relies on modest revenue streams, which have fluctuated (e.g., $1,286 in 2021, $2,040 in 2020). Given its small size, these revenues likely come from small donations, grants, or program fees.
What is the long-term financial outlook for this organization?
The long-term outlook is uncertain without significant growth in funding. Its current financial scale is very small, making it vulnerable to fluctuations in revenue. Sustained operations at this level would likely require continued volunteer effort and minimal overhead.
Filing History
IRS 990 filing history for Regina Cooke Performing Art Centercommunity Impact Group Inc showing financial trends over 4 years of public records:
Total assets increased by 1113% over the same period, from $100 to $1K. In its most recent filing year (2021), Regina Cooke Performing Art Centercommunity Impact Group Inc reported a deficit of $1K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $1K | $3K | $1K | $0 | — | — |
| 2020 | $2K | $1K | $2K | $0 | — | View 990 |
| 2019 | $2K | $0 | $2K | $0 | — | View 990 |
| 2012 | $0 | $0 | $100 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $1K, expenses of $3K, and assets of $1K (revenue -37.0% year-over-year).
- 2020: Revenue of $2K, expenses of $1K, and assets of $2K (revenue +20.0% year-over-year).
- 2019: Revenue of $2K, expenses of $0, and assets of $2K.
- 2012: Revenue of $0, expenses of $0, and assets of $100.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Regina Cooke Performing Art Centercommunity Impact Group Inc:
Data Sources and Methodology
This transparency report for Regina Cooke Performing Art Centercommunity Impact Group 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.