The Performing Arts Conservatory Inc
EIN: 272996184 · Indianapolis, IN · NTEE: B99
| Metric | Value |
|---|---|
| Total Revenue | $130K |
| Total Expenses | $193K |
| Net Assets | $1 |
Is The Performing Arts Conservatory Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Performing Arts Conservatory Inc
The Performing Arts Conservatory Inc (EIN: 272996184) is a nonprofit organization based in Indianapolis, IN, classified under NTEE code B99. The organization reported total revenue of $130K and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Performing Arts Conservatory Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Performing Arts Conservatory Inc is a small nonprofit that has been operating for 15 years, with 2 years of IRS 990 filings on record (2023–2024). Revenue has grown at a compound annual rate of 111.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $194K |
| Total Expenses | $193K |
| Surplus / Deficit | +$739 |
| Total Assets | $1 |
| Net Assets | $1 |
| Operating Margin | 0.4% |
| Months of Reserves | 0.0 months |
Financial Health Grade: A
In 2024, The Performing Arts Conservatory Inc reported a surplus of $739 with revenue exceeding expenses, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 2 years of filings (2023–2024), The Performing Arts Conservatory Inc's revenue has grown at a compound annual growth rate (CAGR) of 111.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +111.2% | +117.7% | -100.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Performing Arts Conservatory Inc 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 Performing Arts Conservatory Inc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $739, with revenue exceeding expenses.
Frequently Asked Questions about The Performing Arts Conservatory Inc
Is The Performing Arts Conservatory Inc a legitimate charity?
The Performing Arts Conservatory Inc (EIN: 272996184) is a registered tax-exempt nonprofit based in Indiana. It has 2 years of IRS 990 filings on record. Total revenue: $130K. No red flags identified. Financial health grade: A.
How does The Performing Arts Conservatory Inc spend its money?
The Performing Arts Conservatory Inc reported $130K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Performing Arts Conservatory Inc tax-deductible?
The Performing Arts Conservatory Inc is registered as a tax-exempt nonprofit (EIN: 272996184). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Performing Arts Conservatory Inc located?
The Performing Arts Conservatory Inc is headquartered in Indianapolis, Indiana and files with the IRS under EIN 272996184. It is classified under NTEE code B99.
How many years of IRS 990 filings does The Performing Arts Conservatory Inc have?
The Performing Arts Conservatory Inc has 2 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 $130K in total revenue.
Filing History
IRS 990 filing history for The Performing Arts Conservatory Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2023–2024), The Performing Arts Conservatory Inc's revenue has grown by 111.2%, moving from $92K to $194K. Total assets decreased by 100% over the same period, from $23K to $1. Total functional expenses rose by 117.7%, from $89K to $193K. In its most recent filing year (2024), The Performing Arts Conservatory Inc reported a surplus of $739, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $194K | $193K | $1 | $0 | — | — |
| 2023 | $92K | $89K | $23K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Performing Arts Conservatory Inc:
Data Sources and Methodology
This transparency report for The Performing Arts Conservatory Inc 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.