Twin Rivers Council For The Arts
Twin Rivers Council For The Arts shows recent financial stability with increasing assets and no officer compensation.
EIN: 200814939 · Mankato, MN · NTEE: A20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $131K |
| Total Expenses | $128K |
| Program Spending | 75% |
| CEO/Top Officer Pay | $100,000 |
| Net Assets | $130K |
| Transparency Score | 85/100 |
Is Twin Rivers Council For The Arts Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Twin Rivers Council For The Arts directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Twin Rivers Council For The Arts
Twin Rivers Council For The Arts (EIN: 200814939) is a nonprofit organization based in Mankato, MN, classified under NTEE code A20. The organization reported total revenue of $131K and total assets of $82K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Twin Rivers Council For The Arts's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Twin Rivers Council For The Arts is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $199K |
| Total Expenses | $128K |
| Surplus / Deficit | +$71K |
| Total Assets | $132K |
| Total Liabilities | $2K |
| Net Assets | $130K |
| Operating Margin | 35.8% |
| Debt-to-Asset Ratio | 1.6% |
| Months of Reserves | 12.4 months |
Financial Health Grade: A
In 2023, Twin Rivers Council For The Arts reported a surplus of $71K with revenue exceeding expenses, holds 12.4 months of operating reserves (strong position), has a debt-to-asset ratio of 1.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Twin Rivers Council For The Arts's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +97.9% | +9.3% | +39.2% |
| 2022 | -40.0% | -6.3% | -19.3% |
| 2021 | -14.9% | -16.7% | +55.1% |
| 2020 | +7.0% | -30.4% | -67.6% |
| 2019 | +16.1% | +15.0% | +91.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
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 Twin Rivers Council For The Arts with a Mission Score of 85 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Twin Rivers Council For The Arts allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $71K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.6%.
Executive Compensation Analysis
Executive compensation is reported at 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly commendable for a nonprofit of its size with revenues ranging from $100,000 to $200,000 annually.
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 Twin Rivers Council For The Arts's IRS 990 filings:
- Fluctuating revenue and expenses in prior years, with some periods showing expenses exceeding revenue (e.g., 2019, 2018, 2016).
Strengths
The following positive indicators were identified for Twin Rivers Council For The Arts:
- Consistent 0% officer compensation, demonstrating strong commitment to mission-focused spending.
- Positive net income in recent years (e.g., 2023 revenue $199,103 vs. expenses $127,788).
- Healthy asset-to-liability ratio in the latest filing ($132,357 assets vs. $2,126 liabilities).
- Growth in assets from $75,942 in 2020 to $132,357 in 2023.
Frequently Asked Questions about Twin Rivers Council For The Arts
Is Twin Rivers Council For The Arts a legitimate charity?
Twin Rivers Council For The Arts (EIN: 200814939) is a registered tax-exempt nonprofit based in Minnesota. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $131K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Twin Rivers Council For The Arts spend its money?
Twin Rivers Council For The Arts directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Twin Rivers Council For The Arts tax-deductible?
Twin Rivers Council For The Arts is registered as a tax-exempt nonprofit (EIN: 200814939). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Twin Rivers Council For The Arts CEO make?
Twin Rivers Council For The Arts's highest-compensated officer earns $100,000 annually. The organization reported $131K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Twin Rivers Council For The Arts's spending goes to programs?
Twin Rivers Council For The Arts directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Twin Rivers Council For The Arts compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Twin Rivers Council For The Arts 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 Twin Rivers Council For The Arts located?
Twin Rivers Council For The Arts is headquartered in Mankato, Minnesota and files with the IRS under EIN 200814939. It is classified under NTEE code A20.
How many years of IRS 990 filings does Twin Rivers Council For The Arts have?
Twin Rivers Council For The Arts has 13 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 $131K in total revenue.
Is Twin Rivers Council For The Arts financially stable?
Yes, the organization appears financially stable, particularly in recent years. The 2023 filing shows revenues of $199,103 exceeding expenses of $127,788, leading to an increase in assets to $132,357 and very low liabilities of $2,126.
Does Twin Rivers Council For The Arts pay its officers?
No, all available IRS 990 filings consistently report 0% officer compensation, indicating that no officers receive salaries from the organization.
How has the organization's asset base changed over time?
The organization's assets have fluctuated but show a positive trend recently, increasing from $75,942 in 2020 to $132,357 in 2023, indicating growth and improved financial health.
Filing History
IRS 990 filing history for Twin Rivers Council For The Arts showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Twin Rivers Council For The Arts's revenue has grown by 40.3%, moving from $142K to $199K. Total assets increased by 52% over the same period, from $87K to $132K. Total functional expenses fell by 7.3%, from $138K to $128K. In its most recent filing year (2023), Twin Rivers Council For The Arts reported a surplus of $71K, with revenue exceeding expenses. The organization holds $2K in liabilities against $132K in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $130K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $199K | $128K | $132K | $2K | — | — |
| 2022 | $101K | $117K | $95K | $36K | — | View 990 |
| 2021 | $168K | $125K | $118K | $43K | — | View 990 |
| 2020 | $197K | $150K | $76K | $44K | — | View 990 |
| 2019 | $184K | $215K | $235K | $250K | — | View 990 |
| 2018 | $158K | $187K | $122K | $106K | — | View 990 |
| 2017 | $271K | $245K | $115K | $71K | — | View 990 |
| 2016 | $223K | $270K | $63K | $45K | — | View 990 |
| 2015 | $137K | $142K | $78K | $12K | — | View 990 |
| 2014 | $160K | $166K | $78K | $8K | — | View 990 |
| 2013 | $142K | $131K | $91K | $14K | — | View 990 |
| 2012 | $114K | $127K | $74K | $8K | — | View 990 |
| 2011 | $142K | $138K | $87K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $199K, expenses of $128K, and assets of $132K (revenue +97.9% year-over-year).
- 2022: Revenue of $101K, expenses of $117K, and assets of $95K (revenue -40.0% year-over-year).
- 2021: Revenue of $168K, expenses of $125K, and assets of $118K (revenue -14.9% year-over-year).
- 2020: Revenue of $197K, expenses of $150K, and assets of $76K (revenue +7.0% year-over-year).
- 2019: Revenue of $184K, expenses of $215K, and assets of $235K (revenue +16.1% year-over-year).
- 2018: Revenue of $158K, expenses of $187K, and assets of $122K (revenue -41.6% year-over-year).
- 2017: Revenue of $271K, expenses of $245K, and assets of $115K (revenue +21.5% year-over-year).
- 2016: Revenue of $223K, expenses of $270K, and assets of $63K (revenue +63.0% year-over-year).
- 2015: Revenue of $137K, expenses of $142K, and assets of $78K (revenue -14.5% year-over-year).
- 2014: Revenue of $160K, expenses of $166K, and assets of $78K (revenue +13.1% year-over-year).
- 2013: Revenue of $142K, expenses of $131K, and assets of $91K (revenue +24.0% year-over-year).
- 2012: Revenue of $114K, expenses of $127K, and assets of $74K (revenue -19.4% year-over-year).
- 2011: Revenue of $142K, expenses of $138K, and assets of $87K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Twin Rivers Council For The Arts:
Data Sources and Methodology
This transparency report for Twin Rivers Council For The Arts 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.