Taos Abstract Artist Collective
EIN: 931352183 · Arroyo Hondo, NM · NTEE: A20
| Metric | Value |
|---|---|
| Total Revenue | $20K |
| Total Expenses | $9K |
| Net Assets | $2K |
Is Taos Abstract Artist Collective Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Taos Abstract Artist Collective
Taos Abstract Artist Collective (EIN: 931352183) is a nonprofit organization based in Arroyo Hondo, NM, classified under NTEE code A20. The organization reported total revenue of $20K and total assets of $5K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Taos Abstract Artist Collective's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Taos Abstract Artist Collective is a micro nonprofit that has been operating for 3 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11K |
| Total Expenses | $9K |
| Surplus / Deficit | +$2K |
| Total Assets | $7K |
| Total Liabilities | $5K |
| Net Assets | $2K |
| Operating Margin | 18.5% |
| Debt-to-Asset Ratio | 66.0% |
| Months of Reserves | 9.2 months |
Financial Health Grade: A
In 2023, Taos Abstract Artist Collective reported a surplus of $2K with revenue exceeding expenses, holds 9.2 months of operating reserves (strong position), has a debt-to-asset ratio of 66.0% (high leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Taos Abstract Artist Collective 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 Taos Abstract Artist Collective 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 $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 66.0%.
Frequently Asked Questions about Taos Abstract Artist Collective
Is Taos Abstract Artist Collective a legitimate charity?
Based on AI analysis of IRS 990 filings, Taos Abstract Artist Collective (EIN: 931352183) insufficient data. 0 red flags identified, 0 strengths noted.
How does Taos Abstract Artist Collective spend its money?
Detailed spending breakdown data is not yet available for Taos Abstract Artist Collective. Check back for updated IRS 990 analysis.
Are donations to Taos Abstract Artist Collective tax-deductible?
Taos Abstract Artist Collective is registered as a tax-exempt nonprofit (EIN: 931352183). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Taos Abstract Artist Collective located?
Taos Abstract Artist Collective is headquartered in Arroyo Hondo, New Mexico and files with the IRS under EIN 931352183. It is classified under NTEE code A20.
Filing History
IRS 990 filing history for Taos Abstract Artist Collective showing financial trends over 1 year of public records:
In its most recent filing year (2023), Taos Abstract Artist Collective reported a surplus of $2K, with revenue exceeding expenses. The organization holds $5K in liabilities against $7K in assets (debt-to-asset ratio: 66.0%), resulting in net assets of $2K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11K | $9K | $7K | $5K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Taos Abstract Artist Collective:
Data Sources and Methodology
This transparency report for Taos Abstract Artist Collective 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.