Tucson Festival Of Books
EIN: 262145432 · Tucson, AZ · NTEE: A33
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $983K |
| Net Assets | $560K |
Is Tucson Festival Of Books Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tucson Festival Of Books
Tucson Festival Of Books (EIN: 262145432) is a nonprofit organization based in Tucson, AZ, classified under NTEE code A33. The organization reported total revenue of $1.5M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tucson Festival Of Books's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tucson Festival Of Books is a mid-size nonprofit that has been operating for 18 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $983K |
| Surplus / Deficit | +$53K |
| Total Assets | $636K |
| Total Liabilities | $76K |
| Net Assets | $560K |
| Operating Margin | 5.1% |
| Debt-to-Asset Ratio | 11.9% |
| Months of Reserves | 7.8 months |
Financial Health Grade: A
In 2023, Tucson Festival Of Books reported a surplus of $53K with revenue exceeding expenses, holds 7.8 months of operating reserves (strong position), has a debt-to-asset ratio of 11.9% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Tucson Festival Of Books's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +31.4% | +19.1% | +13.7% |
| 2022 | +122.7% | +127.5% | -16.9% |
| 2021 | -58.1% | -36.3% | +2.3% |
| 2020 | -17.4% | -36.7% | +22.6% |
| 2019 | +6.9% | -4.6% | +16.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tucson Festival Of Books 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 Tucson Festival Of Books 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $53K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.9%.
Frequently Asked Questions about Tucson Festival Of Books
Is Tucson Festival Of Books a legitimate charity?
Tucson Festival Of Books (EIN: 262145432) is a registered tax-exempt nonprofit based in Arizona. It has 12 years of IRS 990 filings on record. Total revenue: $1.5M. No red flags identified. Financial health grade: A.
How does Tucson Festival Of Books spend its money?
Tucson Festival Of Books reported $1.5M in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Tucson Festival Of Books tax-deductible?
Tucson Festival Of Books is registered as a tax-exempt nonprofit (EIN: 262145432). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tucson Festival Of Books located?
Tucson Festival Of Books is headquartered in Tucson, Arizona and files with the IRS under EIN 262145432. It is classified under NTEE code A33.
How many years of IRS 990 filings does Tucson Festival Of Books have?
Tucson Festival Of Books has 12 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 $1.5M in total revenue.
Filing History
IRS 990 filing history for Tucson Festival Of Books showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Tucson Festival Of Books's revenue has grown by 47.8%, moving from $701K to $1.0M. Total assets increased by 160.2% over the same period, from $244K to $636K. Total functional expenses rose by 21.7%, from $807K to $983K. In its most recent filing year (2023), Tucson Festival Of Books reported a surplus of $53K, with revenue exceeding expenses. The organization holds $76K in liabilities against $636K in assets (debt-to-asset ratio: 11.9%), resulting in net assets of $560K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $983K | $636K | $76K | — | View 990 |
| 2022 | $788K | $825K | $559K | $2K | — | View 990 |
| 2021 | $354K | $363K | $673K | $79K | — | View 990 |
| 2020 | $845K | $570K | $657K | $58K | — | View 990 |
| 2019 | $1.0M | $900K | $536K | $165K | — | View 990 |
| 2018 | $956K | $944K | $461K | $212K | — | View 990 |
| 2017 | $792K | $753K | $348K | $107K | — | View 990 |
| 2016 | $849K | $817K | $341K | $139K | — | View 990 |
| 2015 | $767K | $719K | $340K | $170K | — | View 990 |
| 2014 | $756K | $730K | $380K | $258K | — | View 990 |
| 2013 | $671K | $694K | $311K | $216K | — | View 990 |
| 2012 | $701K | $807K | $244K | $126K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $983K, and assets of $636K (revenue +31.4% year-over-year).
- 2022: Revenue of $788K, expenses of $825K, and assets of $559K (revenue +122.7% year-over-year).
- 2021: Revenue of $354K, expenses of $363K, and assets of $673K (revenue -58.1% year-over-year).
- 2020: Revenue of $845K, expenses of $570K, and assets of $657K (revenue -17.4% year-over-year).
- 2019: Revenue of $1.0M, expenses of $900K, and assets of $536K (revenue +6.9% year-over-year).
- 2018: Revenue of $956K, expenses of $944K, and assets of $461K (revenue +20.7% year-over-year).
- 2017: Revenue of $792K, expenses of $753K, and assets of $348K (revenue -6.7% year-over-year).
- 2016: Revenue of $849K, expenses of $817K, and assets of $341K (revenue +10.7% year-over-year).
- 2015: Revenue of $767K, expenses of $719K, and assets of $340K (revenue +1.4% year-over-year).
- 2014: Revenue of $756K, expenses of $730K, and assets of $380K (revenue +12.7% year-over-year).
- 2013: Revenue of $671K, expenses of $694K, and assets of $311K (revenue -4.2% year-over-year).
- 2012: Revenue of $701K, expenses of $807K, and assets of $244K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tucson Festival Of Books:
Data Sources and Methodology
This transparency report for Tucson Festival Of Books 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.