Yankton Area Arts Association
EIN: 510172432 · Yankton, SD · NTEE: A260
| Metric | Value |
|---|---|
| Total Revenue | $105K |
| Total Expenses | $121K |
| Net Assets | $125K |
Is Yankton Area Arts Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Yankton Area Arts Association
Yankton Area Arts Association (EIN: 510172432) is a nonprofit organization based in Yankton, SD, classified under NTEE code A260. The organization reported total revenue of $105K and total assets of $117K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Yankton Area Arts Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Yankton Area Arts Association is a small nonprofit that has been operating for 51 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 2.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $104K |
| Total Expenses | $121K |
| Surplus / Deficit | $-16,522 |
| Total Assets | $126K |
| Total Liabilities | $1K |
| Net Assets | $125K |
| Operating Margin | -15.9% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 12.5 months |
Financial Health Grade: B
In 2024, Yankton Area Arts Association reported a deficit of $17K with expenses exceeding revenue, holds 12.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Yankton Area Arts Association's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -16.9% | -4.3% | -13.8% |
| 2023 | -13.4% | -11.8% | -3.3% |
| 2022 | +47.4% | +45.6% | +5.9% |
| 2021 | -23.1% | -22.5% | +1.8% |
| 2020 | +32.2% | +13.5% | +0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1975 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Yankton Area Arts Association 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 Yankton Area Arts Association 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $17K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.0%.
Frequently Asked Questions about Yankton Area Arts Association
Is Yankton Area Arts Association a legitimate charity?
Yankton Area Arts Association (EIN: 510172432) is a registered tax-exempt nonprofit based in South Dakota. It has 13 years of IRS 990 filings on record. Total revenue: $105K. No red flags identified. Financial health grade: B.
How does Yankton Area Arts Association spend its money?
Yankton Area Arts Association reported $105K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Yankton Area Arts Association tax-deductible?
Yankton Area Arts Association is registered as a tax-exempt nonprofit (EIN: 510172432). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Yankton Area Arts Association located?
Yankton Area Arts Association is headquartered in Yankton, South Dakota and files with the IRS under EIN 510172432. It is classified under NTEE code A260.
How many years of IRS 990 filings does Yankton Area Arts Association have?
Yankton Area Arts Association 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 $105K in total revenue.
Filing History
IRS 990 filing history for Yankton Area Arts Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Yankton Area Arts Association's revenue has grown by 27.9%, moving from $81K to $104K. Total assets decreased by 43.2% over the same period, from $222K to $126K. Total functional expenses rose by 39%, from $87K to $121K. In its most recent filing year (2024), Yankton Area Arts Association reported a deficit of $17K, with expenses exceeding revenue. The organization holds $1K in liabilities against $126K in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $125K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $104K | $121K | $126K | $1K | — | — |
| 2023 | $125K | $126K | $146K | $1K | — | View 990 |
| 2022 | $145K | $143K | $151K | $1K | — | View 990 |
| 2021 | $98K | $98K | $143K | $2K | — | — |
| 2020 | $128K | $127K | $140K | $1K | — | View 990 |
| 2019 | $97K | $112K | $139K | $1K | — | View 990 |
| 2018 | $48K | $74K | $152K | $264 | — | View 990 |
| 2017 | $109K | $125K | $178K | $22 | — | View 990 |
| 2016 | $114K | $119K | $194K | $156 | — | View 990 |
| 2015 | $126K | $131K | $200K | $352 | — | View 990 |
| 2014 | $102K | $112K | $204K | $93 | — | View 990 |
| 2013 | $92K | $99K | $214K | $288 | — | View 990 |
| 2012 | $81K | $87K | $222K | $208 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $104K, expenses of $121K, and assets of $126K (revenue -16.9% year-over-year).
- 2023: Revenue of $125K, expenses of $126K, and assets of $146K (revenue -13.4% year-over-year).
- 2022: Revenue of $145K, expenses of $143K, and assets of $151K (revenue +47.4% year-over-year).
- 2021: Revenue of $98K, expenses of $98K, and assets of $143K (revenue -23.1% year-over-year).
- 2020: Revenue of $128K, expenses of $127K, and assets of $140K (revenue +32.2% year-over-year).
- 2019: Revenue of $97K, expenses of $112K, and assets of $139K (revenue +102.2% year-over-year).
- 2018: Revenue of $48K, expenses of $74K, and assets of $152K (revenue -56.1% year-over-year).
- 2017: Revenue of $109K, expenses of $125K, and assets of $178K (revenue -4.3% year-over-year).
- 2016: Revenue of $114K, expenses of $119K, and assets of $194K (revenue -9.7% year-over-year).
- 2015: Revenue of $126K, expenses of $131K, and assets of $200K (revenue +23.1% year-over-year).
- 2014: Revenue of $102K, expenses of $112K, and assets of $204K (revenue +11.5% year-over-year).
- 2013: Revenue of $92K, expenses of $99K, and assets of $214K (revenue +12.7% year-over-year).
- 2012: Revenue of $81K, expenses of $87K, and assets of $222K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Yankton Area Arts Association:
Data Sources and Methodology
This transparency report for Yankton Area Arts Association 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.