The Tulsa Arts Management Consortium Inc
Tulsa Arts Management Consortium maintains low liabilities and no reported officer compensation amidst fluctuating operating margins.
EIN: 208068414 · Tulsa, OK · NTEE: A02 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $403K |
| Total Expenses | $418K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $400,000. |
| Net Assets | $95K |
| Transparency Score | 88/100 |
Is The Tulsa Arts Management Consortium Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Tulsa Arts Management Consortium Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Tulsa Arts Management Consortium Inc
The Tulsa Arts Management Consortium Inc (EIN: 208068414) is a nonprofit organization based in Tulsa, OK, classified under NTEE code A02. The organization reported total revenue of $403K and total assets of $96K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Tulsa Arts Management Consortium Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Tulsa Arts Management Consortium Inc is a small nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 50.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $403K |
| Total Expenses | $418K |
| Surplus / Deficit | $-15,218 |
| Total Assets | $96K |
| Total Liabilities | $2K |
| Net Assets | $95K |
| Operating Margin | -3.8% |
| Debt-to-Asset Ratio | 1.6% |
| Months of Reserves | 2.8 months |
Financial Health Grade: C
In 2024, The Tulsa Arts Management Consortium Inc reported a deficit of $15K with expenses exceeding revenue, holds 2.8 months of operating reserves (limited), has a debt-to-asset ratio of 1.6% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), The Tulsa Arts Management Consortium Inc's revenue has grown at a compound annual growth rate (CAGR) of 50.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +2.2% | +15.7% | -14.3% |
| 2023 | +17.0% | +15.5% | +20.6% |
| 2022 | +36.9% | +7.5% | +68.9% |
| 2021 | -32.5% | -20.1% | -59.6% |
| 2020 | -4.6% | -3.4% | +35.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Tulsa Arts Management Consortium Inc with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, The Tulsa Arts Management Consortium Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $15K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of its size with revenues around $400,000.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of The Tulsa Arts Management Consortium Inc's IRS 990 filings:
- Occasional operating deficits (e.g., $15,218 in 202406, $45,160 in 202106) could indicate a need for more robust financial planning to ensure long-term stability.
Strengths
The following positive indicators were identified for The Tulsa Arts Management Consortium Inc:
- Consistent 0% officer compensation across all filings, indicating highly efficient use of funds.
- Very low liabilities ($1,514 in 202406), demonstrating strong financial management and minimal debt.
- Consistent filing history (14 filings) shows strong commitment to transparency and regulatory compliance.
- Stable revenue generation over several years, generally in the $300,000-$400,000 range, indicating a reliable funding base.
Frequently Asked Questions about The Tulsa Arts Management Consortium Inc
Is The Tulsa Arts Management Consortium Inc a legitimate charity?
The Tulsa Arts Management Consortium Inc (EIN: 208068414) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 88/100. It has 14 years of IRS 990 filings on record. Total revenue: $403K. 1 red flag identified. 4 strengths noted. Financial health grade: C.
How does The Tulsa Arts Management Consortium Inc spend its money?
The Tulsa Arts Management Consortium Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to The Tulsa Arts Management Consortium Inc tax-deductible?
The Tulsa Arts Management Consortium Inc is registered as a tax-exempt nonprofit (EIN: 208068414). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Tulsa Arts Management Consortium Inc CEO make?
The Tulsa Arts Management Consortium Inc's highest-compensated officer earns $400,000. annually. The organization reported $403K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of The Tulsa Arts Management Consortium Inc's spending goes to programs?
The Tulsa Arts Management Consortium Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Tulsa Arts Management Consortium Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), The Tulsa Arts Management Consortium Inc is above average for NTEE category A02 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Tulsa Arts Management Consortium Inc located?
The Tulsa Arts Management Consortium Inc is headquartered in Tulsa, Oklahoma and files with the IRS under EIN 208068414. It is classified under NTEE code A02.
How many years of IRS 990 filings does The Tulsa Arts Management Consortium Inc have?
The Tulsa Arts Management Consortium Inc has 14 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 $403K in total revenue.
Is The Tulsa Arts Management Consortium Inc financially sustainable given occasional operating deficits?
While the organization has experienced periods where expenses exceeded revenue (e.g., 202406 with a $15,218 deficit, and 202106 with a $45,160 deficit), its low liabilities ($1,514 in 202406) and consistent revenue generation suggest it manages these fluctuations without accumulating significant debt. Its asset base provides some buffer.
How does the 0% officer compensation impact the organization's operations?
The consistent 0% officer compensation suggests a highly efficient operational model, potentially relying on volunteer leadership or staff compensated under other categories. This allows a greater proportion of funds to be directed towards program activities rather than executive salaries.
What is the trend in the organization's assets and liabilities?
Assets have fluctuated, peaking at $371,089 in 201506 and currently at $96,342 (202406). Liabilities have generally remained very low, with the highest reported at $38,500 in 202006, but consistently under $3,000 in recent years, indicating strong financial control and minimal debt.
Filing History
IRS 990 filing history for The Tulsa Arts Management Consortium Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), The Tulsa Arts Management Consortium Inc's revenue has grown by 19777.2%, moving from $2K to $403K. Total assets decreased by 69.8% over the same period, from $319K to $96K. Total functional expenses rose by 325.5%, from $98K to $418K. In its most recent filing year (2024), The Tulsa Arts Management Consortium Inc reported a deficit of $15K, with expenses exceeding revenue. The organization holds $2K in liabilities against $96K in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $95K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $403K | $418K | $96K | $2K | — | — |
| 2023 | $394K | $362K | $112K | $2K | — | View 990 |
| 2022 | $337K | $313K | $93K | $16K | — | View 990 |
| 2021 | $246K | $291K | $55K | $2K | — | View 990 |
| 2020 | $364K | $365K | $137K | $39K | — | View 990 |
| 2019 | $382K | $377K | $101K | $3K | — | View 990 |
| 2018 | $347K | $334K | $95K | $792 | — | — |
| 2017 | $162K | $314K | $82K | $982 | — | View 990 |
| 2016 | $148K | $287K | $233K | $0 | — | View 990 |
| 2015 | $96K | $221K | $371K | $0 | — | View 990 |
| 2014 | $36K | $207K | $495K | $0 | — | View 990 |
| 2013 | $609K | $169K | $666K | $0 | — | View 990 |
| 2012 | $1K | $94K | $227K | $710 | — | View 990 |
| 2011 | $2K | $98K | $319K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $403K, expenses of $418K, and assets of $96K (revenue +2.2% year-over-year).
- 2023: Revenue of $394K, expenses of $362K, and assets of $112K (revenue +17.0% year-over-year).
- 2022: Revenue of $337K, expenses of $313K, and assets of $93K (revenue +36.9% year-over-year).
- 2021: Revenue of $246K, expenses of $291K, and assets of $55K (revenue -32.5% year-over-year).
- 2020: Revenue of $364K, expenses of $365K, and assets of $137K (revenue -4.6% year-over-year).
- 2019: Revenue of $382K, expenses of $377K, and assets of $101K (revenue +10.0% year-over-year).
- 2018: Revenue of $347K, expenses of $334K, and assets of $95K (revenue +113.9% year-over-year).
- 2017: Revenue of $162K, expenses of $314K, and assets of $82K (revenue +9.4% year-over-year).
- 2016: Revenue of $148K, expenses of $287K, and assets of $233K (revenue +53.9% year-over-year).
- 2015: Revenue of $96K, expenses of $221K, and assets of $371K (revenue +171.6% year-over-year).
- 2014: Revenue of $36K, expenses of $207K, and assets of $495K (revenue -94.2% year-over-year).
- 2013: Revenue of $609K, expenses of $169K, and assets of $666K (revenue +44008.5% year-over-year).
- 2012: Revenue of $1K, expenses of $94K, and assets of $227K (revenue -32.0% year-over-year).
- 2011: Revenue of $2K, expenses of $98K, and assets of $319K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Tulsa Arts Management Consortium Inc:
Data Sources and Methodology
This transparency report for The Tulsa Arts Management Consortium 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.