Winston Salem Delta Fine Arts Incorporated
EIN: 237282952 · Winston Salem, NC · NTEE: A26Z
| Metric | Value |
|---|---|
| Total Revenue | $282K |
| Total Expenses | $219K |
| Net Assets | $487K |
Is Winston Salem Delta Fine Arts Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Winston Salem Delta Fine Arts Incorporated
Winston Salem Delta Fine Arts Incorporated (EIN: 237282952) is a nonprofit organization based in Winston Salem, NC, classified under NTEE code A26Z. The organization reported total revenue of $282K and total assets of $521K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Winston Salem Delta Fine Arts Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Winston Salem Delta Fine Arts Incorporated is a small nonprofit that has been operating for 53 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $196K |
| Total Expenses | $219K |
| Surplus / Deficit | $-22,627 |
| Total Assets | $546K |
| Total Liabilities | $59K |
| Net Assets | $487K |
| Operating Margin | -11.5% |
| Debt-to-Asset Ratio | 10.8% |
| Months of Reserves | 30.0 months |
Financial Health Grade: B
In 2023, Winston Salem Delta Fine Arts Incorporated reported a deficit of $23K with expenses exceeding revenue, holds 30.0 months of operating reserves (strong position), has a debt-to-asset ratio of 10.8% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Winston Salem Delta Fine Arts Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +48.6% | +100.6% | -3.0% |
| 2022 | +23.3% | +50.8% | +3.2% |
| 2021 | +74.4% | +18.4% | +20.3% |
| 2020 | +11.8% | -21.5% | -2.1% |
| 2019 | -49.2% | -32.1% | -4.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1973 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Winston Salem Delta Fine Arts Incorporated 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 Winston Salem Delta Fine Arts Incorporated 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 deficit of $23K, with expenses exceeding revenue.
- Debt-to-asset ratio: 10.8%.
Frequently Asked Questions about Winston Salem Delta Fine Arts Incorporated
Is Winston Salem Delta Fine Arts Incorporated a legitimate charity?
Winston Salem Delta Fine Arts Incorporated (EIN: 237282952) is a registered tax-exempt nonprofit based in North Carolina. It has 12 years of IRS 990 filings on record. Total revenue: $282K. No red flags identified. Financial health grade: B.
How does Winston Salem Delta Fine Arts Incorporated spend its money?
Winston Salem Delta Fine Arts Incorporated reported $282K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Winston Salem Delta Fine Arts Incorporated tax-deductible?
Winston Salem Delta Fine Arts Incorporated is registered as a tax-exempt nonprofit (EIN: 237282952). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Winston Salem Delta Fine Arts Incorporated located?
Winston Salem Delta Fine Arts Incorporated is headquartered in Winston Salem, North Carolina and files with the IRS under EIN 237282952. It is classified under NTEE code A26Z.
How many years of IRS 990 filings does Winston Salem Delta Fine Arts Incorporated have?
Winston Salem Delta Fine Arts Incorporated 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 $282K in total revenue.
Filing History
IRS 990 filing history for Winston Salem Delta Fine Arts Incorporated showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Winston Salem Delta Fine Arts Incorporated's revenue has grown by 60.5%, moving from $122K to $196K. Total assets decreased by 4.1% over the same period, from $570K to $546K. Total functional expenses rose by 56.7%, from $140K to $219K. In its most recent filing year (2023), Winston Salem Delta Fine Arts Incorporated reported a deficit of $23K, with expenses exceeding revenue. The organization holds $59K in liabilities against $546K in assets (debt-to-asset ratio: 10.8%), resulting in net assets of $487K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $196K | $219K | $546K | $59K | — | — |
| 2022 | $132K | $109K | $563K | $55K | — | View 990 |
| 2021 | $107K | $72K | $546K | $57K | — | — |
| 2020 | $61K | $61K | $454K | $8K | — | View 990 |
| 2019 | $55K | $78K | $464K | $19K | — | View 990 |
| 2018 | $108K | $115K | $488K | $24K | — | View 990 |
| 2017 | $152K | $172K | $485K | $14K | — | View 990 |
| 2016 | $129K | $149K | $500K | $7K | — | View 990 |
| 2015 | $95K | $103K | $522K | $9K | — | View 990 |
| 2014 | $71K | $84K | $531K | $10K | — | View 990 |
| 2013 | $144K | $148K | $541K | $6K | — | View 990 |
| 2011 | $122K | $140K | $570K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $196K, expenses of $219K, and assets of $546K (revenue +48.6% year-over-year).
- 2022: Revenue of $132K, expenses of $109K, and assets of $563K (revenue +23.3% year-over-year).
- 2021: Revenue of $107K, expenses of $72K, and assets of $546K (revenue +74.4% year-over-year).
- 2020: Revenue of $61K, expenses of $61K, and assets of $454K (revenue +11.8% year-over-year).
- 2019: Revenue of $55K, expenses of $78K, and assets of $464K (revenue -49.2% year-over-year).
- 2018: Revenue of $108K, expenses of $115K, and assets of $488K (revenue -28.9% year-over-year).
- 2017: Revenue of $152K, expenses of $172K, and assets of $485K (revenue +17.4% year-over-year).
- 2016: Revenue of $129K, expenses of $149K, and assets of $500K (revenue +36.4% year-over-year).
- 2015: Revenue of $95K, expenses of $103K, and assets of $522K (revenue +34.5% year-over-year).
- 2014: Revenue of $71K, expenses of $84K, and assets of $531K (revenue -51.0% year-over-year).
- 2013: Revenue of $144K, expenses of $148K, and assets of $541K (revenue +17.7% year-over-year).
- 2011: Revenue of $122K, expenses of $140K, and assets of $570K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Winston Salem Delta Fine Arts Incorporated:
Data Sources and Methodology
This transparency report for Winston Salem Delta Fine Arts Incorporated 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.