Tri City Area Cultural Council Inc
EIN: 710745237 · Marked Tree, AR · NTEE: A260
| Metric | Value |
|---|---|
| Total Revenue | $39K |
| Total Expenses | $67K |
| Net Assets | $244K |
Is Tri City Area Cultural Council Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tri City Area Cultural Council Inc
Tri City Area Cultural Council Inc (EIN: 710745237) is a nonprofit organization based in Marked Tree, AR, classified under NTEE code A260. The organization reported total revenue of $39K and total assets of $914K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tri City Area Cultural Council Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tri City Area Cultural Council Inc is a micro nonprofit that has been operating for 32 years, with 7 years of IRS 990 filings on record (2010–2016). Revenue has grown at a compound annual rate of -2.0%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $39K |
| Total Expenses | $67K |
| Surplus / Deficit | $-27,822 |
| Total Assets | $914K |
| Total Liabilities | $670K |
| Net Assets | $244K |
| Operating Margin | -71.5% |
| Debt-to-Asset Ratio | 73.3% |
| Months of Reserves | 164.3 months |
Financial Health Grade: C
In 2016, Tri City Area Cultural Council Inc reported a deficit of $28K with expenses exceeding revenue, holds 164.3 months of operating reserves (strong position), has a debt-to-asset ratio of 73.3% (high leverage).
Financial Trends
Over 7 years of filings (2010–2016), Tri City Area Cultural Council Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -51.9% | +18.6% | -4.3% |
| 2015 | +209.1% | +9.3% | -3.2% |
| 2014 | +17.2% | -4.5% | -4.0% |
| 2013 | -62.6% | -11.1% | -3.7% |
| 2012 | +279.3% | -0.8% | -0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tri City Area Cultural Council 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 Tri City Area Cultural Council 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $28K, with expenses exceeding revenue.
- Debt-to-asset ratio: 73.3%.
Frequently Asked Questions about Tri City Area Cultural Council Inc
Is Tri City Area Cultural Council Inc a legitimate charity?
Tri City Area Cultural Council Inc (EIN: 710745237) is a registered tax-exempt nonprofit based in Arkansas. It has 7 years of IRS 990 filings on record. Total revenue: $39K. No red flags identified. Financial health grade: C.
How does Tri City Area Cultural Council Inc spend its money?
Tri City Area Cultural Council Inc reported $39K in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Tri City Area Cultural Council Inc tax-deductible?
Tri City Area Cultural Council Inc is registered as a tax-exempt nonprofit (EIN: 710745237). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tri City Area Cultural Council Inc located?
Tri City Area Cultural Council Inc is headquartered in Marked Tree, Arkansas and files with the IRS under EIN 710745237. It is classified under NTEE code A260.
How many years of IRS 990 filings does Tri City Area Cultural Council Inc have?
Tri City Area Cultural Council Inc has 7 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 $39K in total revenue.
Filing History
IRS 990 filing history for Tri City Area Cultural Council Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2010–2016), Tri City Area Cultural Council Inc's revenue has declined by 11.6%, moving from $44K to $39K. Total assets decreased by 19.7% over the same period, from $1.1M to $914K. Total functional expenses rose by 17.9%, from $57K to $67K. In its most recent filing year (2016), Tri City Area Cultural Council Inc reported a deficit of $28K, with expenses exceeding revenue. The organization holds $670K in liabilities against $914K in assets (debt-to-asset ratio: 73.3%), resulting in net assets of $244K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $39K | $67K | $914K | $670K | — | View 990 |
| 2015 | $81K | $56K | $955K | $689K | — | View 990 |
| 2014 | $26K | $51K | $987K | $706K | — | View 990 |
| 2013 | $22K | $54K | $1.0M | $723K | — | View 990 |
| 2012 | $60K | $61K | $1.1M | $739K | — | View 990 |
| 2011 | $16K | $61K | $1.1M | $755K | — | View 990 |
| 2010 | $44K | $57K | $1.1M | $770K | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $39K, expenses of $67K, and assets of $914K (revenue -51.9% year-over-year).
- 2015: Revenue of $81K, expenses of $56K, and assets of $955K (revenue +209.1% year-over-year).
- 2014: Revenue of $26K, expenses of $51K, and assets of $987K (revenue +17.2% year-over-year).
- 2013: Revenue of $22K, expenses of $54K, and assets of $1.0M (revenue -62.6% year-over-year).
- 2012: Revenue of $60K, expenses of $61K, and assets of $1.1M (revenue +279.3% year-over-year).
- 2011: Revenue of $16K, expenses of $61K, and assets of $1.1M (revenue -64.2% year-over-year).
- 2010: Revenue of $44K, expenses of $57K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tri City Area Cultural Council Inc:
Data Sources and Methodology
This transparency report for Tri City Area Cultural Council 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.