The Bulb Gallery
EIN: 814676117 · Charlotte, NC · NTEE: K99
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $970K |
| Net Assets | $146K |
Is The Bulb Gallery Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Bulb Gallery
The Bulb Gallery (EIN: 814676117) is a nonprofit organization based in Charlotte, NC, classified under NTEE code K99. The organization reported total revenue of $1.9M and total assets of $625K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Bulb Gallery's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Bulb Gallery is a mid-size nonprofit that has been operating for 5 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 77.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $970K |
| Surplus / Deficit | +$78K |
| Total Assets | $174K |
| Total Liabilities | $27K |
| Net Assets | $146K |
| Operating Margin | 7.4% |
| Debt-to-Asset Ratio | 15.8% |
| Months of Reserves | 2.1 months |
Financial Health Grade: A
In 2023, The Bulb Gallery reported a surplus of $78K with revenue exceeding expenses, holds 2.1 months of operating reserves (limited), has a debt-to-asset ratio of 15.8% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), The Bulb Gallery's revenue has grown at a compound annual growth rate (CAGR) of 77.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +91.8% | +91.8% | +72.4% |
| 2022 | +64.5% | +49.7% | +122.1% |
| 2021 | +76.4% | +117.1% | +25.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Bulb Gallery 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 The Bulb Gallery 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 $78K, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.8%.
Frequently Asked Questions about The Bulb Gallery
Is The Bulb Gallery a legitimate charity?
The Bulb Gallery (EIN: 814676117) is a registered tax-exempt nonprofit based in North Carolina. It has 4 years of IRS 990 filings on record. Total revenue: $1.9M. No red flags identified. Financial health grade: A.
How does The Bulb Gallery spend its money?
The Bulb Gallery reported $1.9M in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Bulb Gallery tax-deductible?
The Bulb Gallery is registered as a tax-exempt nonprofit (EIN: 814676117). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Bulb Gallery located?
The Bulb Gallery is headquartered in Charlotte, North Carolina and files with the IRS under EIN 814676117. It is classified under NTEE code K99.
How many years of IRS 990 filings does The Bulb Gallery have?
The Bulb Gallery 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 $1.9M in total revenue.
Filing History
IRS 990 filing history for The Bulb Gallery showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), The Bulb Gallery's revenue has grown by 456.5%, moving from $188K to $1.0M. Total assets increased by 378.6% over the same period, from $36K to $174K. Total functional expenses rose by 523.4%, from $156K to $970K. In its most recent filing year (2023), The Bulb Gallery reported a surplus of $78K, with revenue exceeding expenses. The organization holds $27K in liabilities against $174K in assets (debt-to-asset ratio: 15.8%), resulting in net assets of $146K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $970K | $174K | $27K | — | View 990 |
| 2022 | $546K | $506K | $101K | $30K | — | — |
| 2021 | $332K | $338K | $45K | $15K | — | View 990 |
| 2020 | $188K | $156K | $36K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $970K, and assets of $174K (revenue +91.8% year-over-year).
- 2022: Revenue of $546K, expenses of $506K, and assets of $101K (revenue +64.5% year-over-year).
- 2021: Revenue of $332K, expenses of $338K, and assets of $45K (revenue +76.4% year-over-year).
- 2020: Revenue of $188K, expenses of $156K, and assets of $36K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Bulb Gallery:
Data Sources and Methodology
This transparency report for The Bulb Gallery 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.