South Haven Art Association
EIN: 382335785 · South Haven, MI · NTEE: A99Z
| Metric | Value |
|---|---|
| Total Revenue | $271K |
| Total Expenses | $146K |
| Net Assets | $230K |
Is South Haven Art Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About South Haven Art Association
South Haven Art Association (EIN: 382335785) is a nonprofit organization based in South Haven, MI, classified under NTEE code A99Z. The organization reported total revenue of $271K and total assets of $301K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of South Haven Art Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
South Haven Art Association is a small nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $151K |
| Total Expenses | $146K |
| Surplus / Deficit | +$5K |
| Total Assets | $235K |
| Total Liabilities | $5K |
| Net Assets | $230K |
| Operating Margin | 3.3% |
| Debt-to-Asset Ratio | 2.2% |
| Months of Reserves | 19.4 months |
Financial Health Grade: A
In 2023, South Haven Art Association reported a surplus of $5K with revenue exceeding expenses, holds 19.4 months of operating reserves (strong position), has a debt-to-asset ratio of 2.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), South Haven Art Association's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -25.2% | -1.7% | +4.4% |
| 2022 | +179.2% | +40.3% | +17.9% |
| 2021 | -31.2% | -1.3% | -6.4% |
| 2020 | +17.0% | +39.6% | -0.2% |
| 2019 | -37.3% | -34.3% | +3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for South Haven Art Association 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 South Haven Art Association 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $5K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.2%.
Frequently Asked Questions about South Haven Art Association
Is South Haven Art Association a legitimate charity?
Based on AI analysis of IRS 990 filings, South Haven Art Association (EIN: 382335785) insufficient data. 0 red flags identified, 0 strengths noted.
How does South Haven Art Association spend its money?
Detailed spending breakdown data is not yet available for South Haven Art Association. Check back for updated IRS 990 analysis.
Are donations to South Haven Art Association tax-deductible?
South Haven Art Association is registered as a tax-exempt nonprofit (EIN: 382335785). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is South Haven Art Association located?
South Haven Art Association is headquartered in South Haven, Michigan and files with the IRS under EIN 382335785. It is classified under NTEE code A99Z.
How many years of IRS 990 filings does South Haven Art Association have?
South Haven Art Association 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 $271K in total revenue.
Filing History
IRS 990 filing history for South Haven Art Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), South Haven Art Association's revenue has grown by 56.1%, moving from $96K to $151K. Total assets increased by 188.5% over the same period, from $82K to $235K. Total functional expenses rose by 95%, from $75K to $146K. In its most recent filing year (2023), South Haven Art Association reported a surplus of $5K, with revenue exceeding expenses. The organization holds $5K in liabilities against $235K in assets (debt-to-asset ratio: 2.2%), resulting in net assets of $230K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $151K | $146K | $235K | $5K | — | — |
| 2022 | $201K | $148K | $225K | $2K | — | View 990 |
| 2021 | $72K | $106K | $191K | $19K | — | View 990 |
| 2020 | $105K | $107K | $204K | $2K | — | View 990 |
| 2019 | $90K | $77K | $205K | $2K | — | View 990 |
| 2018 | $143K | $117K | $197K | $9K | — | View 990 |
| 2017 | $162K | $116K | $174K | $12K | — | — |
| 2016 | $122K | $122K | $117K | $606 | — | View 990 |
| 2015 | $166K | $112K | $204K | $88K | — | View 990 |
| 2014 | $109K | $116K | $66K | $3K | — | View 990 |
| 2013 | $124K | $120K | $74K | $4K | — | View 990 |
| 2012 | $85K | $89K | $77K | $12K | — | View 990 |
| 2011 | $96K | $75K | $82K | $12K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $151K, expenses of $146K, and assets of $235K (revenue -25.2% year-over-year).
- 2022: Revenue of $201K, expenses of $148K, and assets of $225K (revenue +179.2% year-over-year).
- 2021: Revenue of $72K, expenses of $106K, and assets of $191K (revenue -31.2% year-over-year).
- 2020: Revenue of $105K, expenses of $107K, and assets of $204K (revenue +17.0% year-over-year).
- 2019: Revenue of $90K, expenses of $77K, and assets of $205K (revenue -37.3% year-over-year).
- 2018: Revenue of $143K, expenses of $117K, and assets of $197K (revenue -11.7% year-over-year).
- 2017: Revenue of $162K, expenses of $116K, and assets of $174K (revenue +33.0% year-over-year).
- 2016: Revenue of $122K, expenses of $122K, and assets of $117K (revenue -26.5% year-over-year).
- 2015: Revenue of $166K, expenses of $112K, and assets of $204K (revenue +51.3% year-over-year).
- 2014: Revenue of $109K, expenses of $116K, and assets of $66K (revenue -11.5% year-over-year).
- 2013: Revenue of $124K, expenses of $120K, and assets of $74K (revenue +45.4% year-over-year).
- 2012: Revenue of $85K, expenses of $89K, and assets of $77K (revenue -11.8% year-over-year).
- 2011: Revenue of $96K, expenses of $75K, and assets of $82K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for South Haven Art Association:
Data Sources and Methodology
This transparency report for South Haven Art Association 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.