Treme Arts Center
Treme Arts Center operates on a very small scale with highly fluctuating revenue and minimal assets.
EIN: 200541110 · New Orleans, LA · NTEE: A20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $650 |
| Total Expenses | $350 |
| Program Spending | 80% |
| Net Assets | $299 |
| Transparency Score | 60/100 |
Is Treme Arts Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Treme Arts Center directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Treme Arts Center
Treme Arts Center (EIN: 200541110) is a nonprofit organization based in New Orleans, LA, classified under NTEE code A20. The organization reported total revenue of $650 and total assets of $300 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Treme Arts Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Treme Arts Center is a micro nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 71.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $650 |
| Total Expenses | $350 |
| Surplus / Deficit | +$300 |
| Total Assets | $300 |
| Total Liabilities | $1 |
| Net Assets | $299 |
| Operating Margin | 46.2% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 10.3 months |
Financial Health Grade: A
In 2023, Treme Arts Center reported a surplus of $300 with revenue exceeding expenses, holds 10.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Treme Arts Center's revenue has grown at a compound annual growth rate (CAGR) of 71.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -93.7% | -96.6% | +50.0% |
| 2022 | +154.0% | +155.4% | +100.0% |
| 2021 | +407200.0% | — | -80.0% |
| 2020 | -100.0% | -100.0% | +49900.0% |
| 2019 | +799900.0% | — | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Treme Arts Center with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Treme Arts Center allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $300, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that no officers or directors are paid, which is appropriate given the organization's extremely small and fluctuating revenue and asset base.
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 Treme Arts Center's IRS 990 filings:
- Highly inconsistent revenue, making financial planning and sustainability uncertain (e.g., $1 in 2020 vs. $10,347 in 2022).
- Extremely low asset base ($300 in 2023), indicating limited financial reserves or capacity.
- Significant deficit in 2019 ($70,300 loss on $8,000 revenue), raising questions about financial management during that period.
Strengths
The following positive indicators were identified for Treme Arts Center:
- Consistent reporting of 0% officer compensation, indicating no executive pay.
- Maintained positive net assets in recent years, albeit very small (e.g., $300 in 2023).
Frequently Asked Questions about Treme Arts Center
Is Treme Arts Center a legitimate charity?
Treme Arts Center (EIN: 200541110) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 60/100. It has 10 years of IRS 990 filings on record. Total revenue: $650. 3 red flags identified. 2 strengths noted. Financial health grade: A.
How does Treme Arts Center spend its money?
Treme Arts Center directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Treme Arts Center tax-deductible?
Treme Arts Center is registered as a tax-exempt nonprofit (EIN: 200541110). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Treme Arts Center's spending goes to programs?
Treme Arts Center directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Treme Arts Center compare to similar nonprofits?
With a transparency score of 60/100 (Good), Treme Arts Center is above average for NTEE category A20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Treme Arts Center located?
Treme Arts Center is headquartered in New Orleans, Louisiana and files with the IRS under EIN 200541110. It is classified under NTEE code A20.
How many years of IRS 990 filings does Treme Arts Center have?
Treme Arts Center 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 $650 in total revenue.
Is Treme Arts Center a good charity?
Given its extremely small scale, highly inconsistent revenue, and minimal assets, it's difficult to assess its effectiveness as a 'good charity' in a traditional sense. It appears to be a very small, possibly volunteer-run initiative rather than a substantial organization.
What is the primary source of Treme Arts Center's funding?
The provided data does not specify the source of funding, but given the fluctuating revenue figures (e.g., $1 in multiple years, $10,347 in 2022, $650 in 2023), it likely relies on sporadic small donations or grants.
How has Treme Arts Center's financial health changed over time?
The organization's financial health has been highly volatile. While it reported a surplus in 2023 ($650 revenue vs. $350 expenses), it also had years with $1 in revenue and a significant deficit in 2019 ($8,000 revenue vs. $78,300 expenses). Its asset base has remained consistently low.
Filing History
IRS 990 filing history for Treme Arts Center showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Treme Arts Center's revenue has grown by 64900%, moving from $1 to $650. Total assets increased by 29900% over the same period, from $1 to $300. In its most recent filing year (2023), Treme Arts Center reported a surplus of $300, with revenue exceeding expenses. The organization holds $1 in liabilities against $300 in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $299.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $650 | $350 | $300 | $1 | — | — |
| 2022 | $10K | $10K | $200 | $200 | — | View 990 |
| 2021 | $4K | $4K | $100 | $1 | — | — |
| 2020 | $1 | $0 | $500 | $1 | — | — |
| 2019 | $8K | $78K | $1 | $0 | — | View 990 |
| 2015 | $1 | $0 | $1 | $1 | — | View 990 |
| 2014 | $1 | $0 | $1 | $1 | — | View 990 |
| 2013 | $4K | $3K | $800 | $1 | — | View 990 |
| 2012 | $1 | $0 | $1 | $0 | — | View 990 |
| 2011 | $1 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $650, expenses of $350, and assets of $300 (revenue -93.7% year-over-year).
- 2022: Revenue of $10K, expenses of $10K, and assets of $200 (revenue +154.0% year-over-year).
- 2021: Revenue of $4K, expenses of $4K, and assets of $100 (revenue +407200.0% year-over-year).
- 2020: Revenue of $1, expenses of $0, and assets of $500 (revenue -100.0% year-over-year).
- 2019: Revenue of $8K, expenses of $78K, and assets of $1 (revenue +799900.0% year-over-year).
- 2015: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2014: Revenue of $1, expenses of $0, and assets of $1 (revenue -100.0% year-over-year).
- 2013: Revenue of $4K, expenses of $3K, and assets of $800 (revenue +399900.0% year-over-year).
- 2012: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2011: Revenue of $1, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Treme Arts Center:
Data Sources and Methodology
This transparency report for Treme Arts Center 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.