The Greater Jackson Arts Council
EIN: 640637655 · Jackson, MS · NTEE: A260
| Metric | Value |
|---|---|
| Total Revenue | $382K |
| Total Expenses | $442K |
| Net Assets | $76K |
Is The Greater Jackson Arts Council Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Greater Jackson Arts Council
The Greater Jackson Arts Council (EIN: 640637655) is a nonprofit organization based in Jackson, MS, classified under NTEE code A260. The organization reported total revenue of $382K and total assets of $127K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Greater Jackson Arts Council's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Greater Jackson Arts Council is a small nonprofit that has been operating for 45 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -1.7%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $382K |
| Total Expenses | $442K |
| Surplus / Deficit | $-60,382 |
| Total Assets | $127K |
| Total Liabilities | $51K |
| Net Assets | $76K |
| Operating Margin | -15.8% |
| Debt-to-Asset Ratio | 40.1% |
| Months of Reserves | 3.4 months |
Financial Health Grade: B
In 2020, The Greater Jackson Arts Council reported a deficit of $60K with expenses exceeding revenue, holds 3.4 months of operating reserves (adequate), has a debt-to-asset ratio of 40.1% (moderate leverage).
Financial Trends
Over 10 years of filings (2011–2020), The Greater Jackson Arts Council's revenue has declined at a compound annual growth rate (CAGR) of -1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -44.9% | -36.9% | -34.7% |
| 2019 | -1.3% | +8.8% | +13.7% |
| 2018 | +9.3% | +13.3% | +53.4% |
| 2017 | +6.7% | +0.6% | +257.5% |
| 2016 | +58.2% | +29.4% | +94.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 1981 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Greater Jackson Arts Council 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 Greater Jackson Arts Council 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $60K, with expenses exceeding revenue.
- Debt-to-asset ratio: 40.1%.
Frequently Asked Questions about The Greater Jackson Arts Council
Is The Greater Jackson Arts Council a legitimate charity?
The Greater Jackson Arts Council (EIN: 640637655) is a registered tax-exempt nonprofit based in Mississippi. It has 10 years of IRS 990 filings on record. Total revenue: $382K. No red flags identified. Financial health grade: B.
How does The Greater Jackson Arts Council spend its money?
The Greater Jackson Arts Council reported $382K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Greater Jackson Arts Council tax-deductible?
The Greater Jackson Arts Council is registered as a tax-exempt nonprofit (EIN: 640637655). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Greater Jackson Arts Council located?
The Greater Jackson Arts Council is headquartered in Jackson, Mississippi and files with the IRS under EIN 640637655. It is classified under NTEE code A260.
How many years of IRS 990 filings does The Greater Jackson Arts Council have?
The Greater Jackson Arts Council has 10 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 $382K in total revenue.
Filing History
IRS 990 filing history for The Greater Jackson Arts Council showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), The Greater Jackson Arts Council's revenue has declined by 14.3%, moving from $445K to $382K. Total assets increased by 76% over the same period, from $72K to $127K. Total functional expenses fell by 12.3%, from $504K to $442K. In its most recent filing year (2020), The Greater Jackson Arts Council reported a deficit of $60K, with expenses exceeding revenue. The organization holds $51K in liabilities against $127K in assets (debt-to-asset ratio: 40.1%), resulting in net assets of $76K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $382K | $442K | $127K | $51K | — | — |
| 2019 | $693K | $700K | $194K | $58K | — | View 990 |
| 2018 | $702K | $643K | $170K | $27K | — | View 990 |
| 2017 | $642K | $568K | $111K | $26K | — | — |
| 2016 | $602K | $564K | $31K | $26K | — | View 990 |
| 2015 | $380K | $436K | $16K | $48K | — | View 990 |
| 2014 | $442K | $404K | $122K | $84K | — | View 990 |
| 2013 | $433K | $382K | $102K | $101K | — | View 990 |
| 2012 | $341K | $427K | $16K | $67K | — | View 990 |
| 2011 | $445K | $504K | $72K | $37K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $382K, expenses of $442K, and assets of $127K (revenue -44.9% year-over-year).
- 2019: Revenue of $693K, expenses of $700K, and assets of $194K (revenue -1.3% year-over-year).
- 2018: Revenue of $702K, expenses of $643K, and assets of $170K (revenue +9.3% year-over-year).
- 2017: Revenue of $642K, expenses of $568K, and assets of $111K (revenue +6.7% year-over-year).
- 2016: Revenue of $602K, expenses of $564K, and assets of $31K (revenue +58.2% year-over-year).
- 2015: Revenue of $380K, expenses of $436K, and assets of $16K (revenue -13.9% year-over-year).
- 2014: Revenue of $442K, expenses of $404K, and assets of $122K (revenue +2.0% year-over-year).
- 2013: Revenue of $433K, expenses of $382K, and assets of $102K (revenue +26.8% year-over-year).
- 2012: Revenue of $341K, expenses of $427K, and assets of $16K (revenue -23.3% year-over-year).
- 2011: Revenue of $445K, expenses of $504K, and assets of $72K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Greater Jackson Arts Council:
Data Sources and Methodology
This transparency report for The Greater Jackson Arts Council 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.