Sylvia Center For The Arts
EIN: 371578059 · Bellingham, WA · NTEE: A61
| Metric | Value |
|---|---|
| Total Revenue | $53K |
| Total Expenses | $308K |
| Net Assets | $-2,838 |
Is Sylvia Center For The Arts Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sylvia Center For The Arts
Sylvia Center For The Arts (EIN: 371578059) is a nonprofit organization based in Bellingham, WA, classified under NTEE code A61. The organization reported total revenue of $53K and total assets of $2K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sylvia Center For The Arts's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sylvia Center For The Arts is a micro nonprofit that has been operating for 16 years, with 11 years of IRS 990 filings on record (2012–2022). Revenue has grown at a compound annual rate of 18.1%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $247K |
| Total Expenses | $308K |
| Surplus / Deficit | $-60,764 |
| Total Assets | $399K |
| Total Liabilities | $402K |
| Net Assets | $-2,838 |
| Operating Margin | -24.6% |
| Debt-to-Asset Ratio | 100.7% |
| Months of Reserves | 15.6 months |
Financial Health Grade: C
In 2022, Sylvia Center For The Arts reported a deficit of $61K with expenses exceeding revenue, holds 15.6 months of operating reserves (strong position), has a debt-to-asset ratio of 100.7% (high leverage).
Financial Trends
Over 11 years of filings (2012–2022), Sylvia Center For The Arts's revenue has grown at a compound annual growth rate (CAGR) of 18.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +66.9% | +91.6% | +17.0% |
| 2021 | +7.8% | -12.5% | -2.0% |
| 2020 | -28.8% | +26.2% | +19.3% |
| 2019 | -1.7% | +58.1% | +2.7% |
| 2018 | +136.2% | +20.5% | +395.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sylvia Center For The Arts 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 Sylvia Center For The Arts 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $61K, with expenses exceeding revenue.
- Debt-to-asset ratio: 100.7%.
Frequently Asked Questions about Sylvia Center For The Arts
Is Sylvia Center For The Arts a legitimate charity?
Based on AI analysis of IRS 990 filings, Sylvia Center For The Arts (EIN: 371578059) insufficient data. 0 red flags identified, 0 strengths noted.
How does Sylvia Center For The Arts spend its money?
Detailed spending breakdown data is not yet available for Sylvia Center For The Arts. Check back for updated IRS 990 analysis.
Are donations to Sylvia Center For The Arts tax-deductible?
Sylvia Center For The Arts is registered as a tax-exempt nonprofit (EIN: 371578059). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sylvia Center For The Arts located?
Sylvia Center For The Arts is headquartered in Bellingham, Washington and files with the IRS under EIN 371578059. It is classified under NTEE code A61.
How many years of IRS 990 filings does Sylvia Center For The Arts have?
Sylvia Center For The Arts has 11 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 $53K in total revenue.
Filing History
IRS 990 filing history for Sylvia Center For The Arts showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2022), Sylvia Center For The Arts's revenue has grown by 430%, moving from $47K to $247K. Total assets increased by 4471% over the same period, from $9K to $399K. Total functional expenses rose by 633.3%, from $42K to $308K. In its most recent filing year (2022), Sylvia Center For The Arts reported a deficit of $61K, with expenses exceeding revenue. The organization holds $402K in liabilities against $399K in assets (debt-to-asset ratio: 100.7%), resulting in net assets of $-2,838.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $247K | $308K | $399K | $402K | — | View 990 |
| 2021 | $148K | $161K | $341K | $283K | — | View 990 |
| 2020 | $137K | $184K | $348K | $279K | — | View 990 |
| 2019 | $193K | $146K | $292K | $145K | — | View 990 |
| 2018 | $196K | $92K | $284K | $155K | — | View 990 |
| 2017 | $83K | $76K | $57K | $33K | — | View 990 |
| 2016 | $92K | $79K | $28K | $18K | — | View 990 |
| 2015 | $82K | $92K | $7K | $10K | — | View 990 |
| 2014 | $60K | $59K | $6K | $0 | — | View 990 |
| 2013 | $55K | $58K | $6K | $0 | — | View 990 |
| 2012 | $47K | $42K | $9K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $247K, expenses of $308K, and assets of $399K (revenue +66.9% year-over-year).
- 2021: Revenue of $148K, expenses of $161K, and assets of $341K (revenue +7.8% year-over-year).
- 2020: Revenue of $137K, expenses of $184K, and assets of $348K (revenue -28.8% year-over-year).
- 2019: Revenue of $193K, expenses of $146K, and assets of $292K (revenue -1.7% year-over-year).
- 2018: Revenue of $196K, expenses of $92K, and assets of $284K (revenue +136.2% year-over-year).
- 2017: Revenue of $83K, expenses of $76K, and assets of $57K (revenue -10.1% year-over-year).
- 2016: Revenue of $92K, expenses of $79K, and assets of $28K (revenue +12.3% year-over-year).
- 2015: Revenue of $82K, expenses of $92K, and assets of $7K (revenue +38.1% year-over-year).
- 2014: Revenue of $60K, expenses of $59K, and assets of $6K (revenue +8.2% year-over-year).
- 2013: Revenue of $55K, expenses of $58K, and assets of $6K (revenue +18.3% year-over-year).
- 2012: Revenue of $47K, expenses of $42K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sylvia Center For The Arts:
Data Sources and Methodology
This transparency report for Sylvia Center For The 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.