Senior Center For The Arts Inc
Senior Center For The Arts Inc shows strong revenue and asset growth with no reported officer compensation.
EIN: 201666137 · Nashville, TN · NTEE: A61 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $479K |
| Total Expenses | $238K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $479,017. |
| Net Assets | $83K |
| Transparency Score | 90/100 |
Is Senior Center For The Arts Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Senior Center For The Arts Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Senior Center For The Arts Inc
Senior Center For The Arts Inc (EIN: 201666137) is a nonprofit organization based in Nashville, TN, classified under NTEE code A61. The organization reported total revenue of $479K and total assets of $388K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Senior Center For The Arts Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Senior Center For The Arts Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $325K |
| Total Expenses | $238K |
| Surplus / Deficit | +$87K |
| Total Assets | $256K |
| Total Liabilities | $173K |
| Net Assets | $83K |
| Operating Margin | 26.9% |
| Debt-to-Asset Ratio | 67.7% |
| Months of Reserves | 12.9 months |
Financial Health Grade: A
In 2023, Senior Center For The Arts Inc reported a surplus of $87K with revenue exceeding expenses, holds 12.9 months of operating reserves (strong position), has a debt-to-asset ratio of 67.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Senior Center For The Arts Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.9% | +27.2% | +84.7% |
| 2022 | +3253.1% | +1462.4% | +436.4% |
| 2021 | -94.6% | -91.6% | -15.8% |
| 2020 | -22.0% | -36.7% | -53.6% |
| 2019 | -15.7% | -10.3% | -6.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Senior Center For The Arts Inc with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Senior Center For The Arts Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $87K, with revenue exceeding expenses.
- Debt-to-asset ratio: 67.7%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no salaries are paid to officers, which is highly commendable for an organization of its size with latest revenue of $479,017.
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.
Strengths
The following positive indicators were identified for Senior Center For The Arts Inc:
- Strong revenue growth, increasing from $8,087 in 2021 to $325,018 in 2023 and latest revenue of $479,017.
- Consistent 0% officer compensation across all filings, indicating high dedication of funds to mission.
- Significant asset accumulation, growing from $25,838 in 2021 to $255,931 in 2023 and current assets of $387,656.
- Expenses generally below revenue in recent periods, contributing to financial health (e.g., 2023: Expenses=$237,746 vs. Revenue=$325,018).
Frequently Asked Questions about Senior Center For The Arts Inc
Is Senior Center For The Arts Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Senior Center For The Arts Inc (EIN: 201666137) appears legitimate. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
How does Senior Center For The Arts Inc spend its money?
Senior Center For The Arts Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Senior Center For The Arts Inc tax-deductible?
Senior Center For The Arts Inc is registered as a tax-exempt nonprofit (EIN: 201666137). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Senior Center For The Arts Inc CEO make?
Senior Center For The Arts Inc's highest-compensated officer earns $479,017. annually. The organization reported $479K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Senior Center For The Arts Inc's spending goes to programs?
Senior Center For The Arts Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Senior Center For The Arts Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Senior Center For The Arts Inc is above average for NTEE category A61 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Senior Center For The Arts Inc located?
Senior Center For The Arts Inc is headquartered in Nashville, Tennessee and files with the IRS under EIN 201666137. It is classified under NTEE code A61.
How many years of IRS 990 filings does Senior Center For The Arts Inc have?
Senior Center For The Arts Inc 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 $479K in total revenue.
Is Senior Center For The Arts Inc financially stable?
Yes, the organization appears financially stable, demonstrating significant revenue growth from $8,087 in 2021 to $325,018 in 2023, and an increase in assets from $25,838 to $255,931 in the same period, with current assets at $387,656.
How has the organization's revenue trended recently?
Revenue has shown a strong upward trend, particularly from 2021 ($8,087) to 2023 ($325,018), and the latest reported revenue is $479,017, indicating robust growth.
Does Senior Center For The Arts Inc pay its officers?
No, all available IRS 990 filings consistently report 0% officer compensation, indicating that no salaries are paid to the organization's officers.
Filing History
IRS 990 filing history for Senior Center For The Arts Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Senior Center For The Arts Inc's revenue has grown by 11.5%, moving from $291K to $325K. Total assets increased by 34.1% over the same period, from $191K to $256K. Total functional expenses fell by 22.9%, from $308K to $238K. In its most recent filing year (2023), Senior Center For The Arts Inc reported a surplus of $87K, with revenue exceeding expenses. The organization holds $173K in liabilities against $256K in assets (debt-to-asset ratio: 67.7%), resulting in net assets of $83K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $325K | $238K | $256K | $173K | — | — |
| 2022 | $271K | $187K | $139K | $139K | — | View 990 |
| 2021 | $8K | $12K | $26K | $106K | — | View 990 |
| 2020 | $150K | $142K | $31K | $112K | — | View 990 |
| 2019 | $192K | $224K | $66K | $155K | — | View 990 |
| 2018 | $228K | $250K | $71K | $127K | — | View 990 |
| 2017 | $247K | $247K | $59K | $93K | — | View 990 |
| 2016 | $239K | $249K | $58K | $93K | — | View 990 |
| 2015 | $208K | $239K | $64K | $89K | — | View 990 |
| 2014 | $274K | $247K | $70K | $64K | — | View 990 |
| 2013 | $297K | $297K | $54K | $76K | — | View 990 |
| 2012 | $258K | $261K | $54K | $76K | — | View 990 |
| 2011 | $291K | $308K | $191K | $210K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $325K, expenses of $238K, and assets of $256K (revenue +19.9% year-over-year).
- 2022: Revenue of $271K, expenses of $187K, and assets of $139K (revenue +3253.1% year-over-year).
- 2021: Revenue of $8K, expenses of $12K, and assets of $26K (revenue -94.6% year-over-year).
- 2020: Revenue of $150K, expenses of $142K, and assets of $31K (revenue -22.0% year-over-year).
- 2019: Revenue of $192K, expenses of $224K, and assets of $66K (revenue -15.7% year-over-year).
- 2018: Revenue of $228K, expenses of $250K, and assets of $71K (revenue -7.8% year-over-year).
- 2017: Revenue of $247K, expenses of $247K, and assets of $59K (revenue +3.4% year-over-year).
- 2016: Revenue of $239K, expenses of $249K, and assets of $58K (revenue +15.2% year-over-year).
- 2015: Revenue of $208K, expenses of $239K, and assets of $64K (revenue -24.2% year-over-year).
- 2014: Revenue of $274K, expenses of $247K, and assets of $70K (revenue -7.6% year-over-year).
- 2013: Revenue of $297K, expenses of $297K, and assets of $54K (revenue +14.7% year-over-year).
- 2012: Revenue of $258K, expenses of $261K, and assets of $54K (revenue -11.3% year-over-year).
- 2011: Revenue of $291K, expenses of $308K, and assets of $191K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Senior Center For The Arts Inc:
Data Sources and Methodology
This transparency report for Senior Center For The Arts 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.