Zumbrota Area Arts Council
EIN: 411886797 · Zumbrota, MN · NTEE: A20
| Metric | Value |
|---|---|
| Total Revenue | $289K |
| Total Expenses | $127K |
| Net Assets | $769K |
Is Zumbrota Area Arts Council Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Zumbrota Area Arts Council
Zumbrota Area Arts Council (EIN: 411886797) is a nonprofit organization based in Zumbrota, MN, classified under NTEE code A20. The organization reported total revenue of $289K and total assets of $901K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Zumbrota Area Arts Council's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Zumbrota Area Arts Council is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $117K |
| Total Expenses | $127K |
| Surplus / Deficit | $-9,922 |
| Total Assets | $770K |
| Total Liabilities | $1K |
| Net Assets | $769K |
| Operating Margin | -8.5% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 73.0 months |
Financial Health Grade: B
In 2023, Zumbrota Area Arts Council reported a deficit of $10K with expenses exceeding revenue, holds 73.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Zumbrota Area Arts Council's revenue has declined at a compound annual growth rate (CAGR) of -4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.3% | +18.7% | -1.4% |
| 2022 | -48.5% | +29.7% | +2.4% |
| 2021 | +570.2% | +58.2% | +28.2% |
| 2020 | -67.9% | -42.9% | -2.5% |
| 2019 | -0.4% | +11.2% | +4.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Zumbrota Area Arts Council 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 Zumbrota Area Arts Council 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 $10K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Frequently Asked Questions about Zumbrota Area Arts Council
Is Zumbrota Area Arts Council a legitimate charity?
Based on AI analysis of IRS 990 filings, Zumbrota Area Arts Council (EIN: 411886797) insufficient data. 0 red flags identified, 0 strengths noted.
How does Zumbrota Area Arts Council spend its money?
Detailed spending breakdown data is not yet available for Zumbrota Area Arts Council. Check back for updated IRS 990 analysis.
Are donations to Zumbrota Area Arts Council tax-deductible?
Zumbrota Area Arts Council is registered as a tax-exempt nonprofit (EIN: 411886797). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Zumbrota Area Arts Council located?
Zumbrota Area Arts Council is headquartered in Zumbrota, Minnesota and files with the IRS under EIN 411886797. It is classified under NTEE code A20.
How many years of IRS 990 filings does Zumbrota Area Arts Council have?
Zumbrota Area Arts Council 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 $289K in total revenue.
Filing History
IRS 990 filing history for Zumbrota Area Arts Council showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Zumbrota Area Arts Council's revenue has declined by 41.5%, moving from $200K to $117K. Total assets increased by 268.3% over the same period, from $209K to $770K. Total functional expenses rose by 268.5%, from $34K to $127K. In its most recent filing year (2023), Zumbrota Area Arts Council reported a deficit of $10K, with expenses exceeding revenue. The organization holds $1K in liabilities against $770K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $769K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $117K | $127K | $770K | $1K | — | View 990 |
| 2022 | $127K | $107K | $781K | $1K | — | — |
| 2021 | $247K | $82K | $763K | $4K | — | View 990 |
| 2020 | $37K | $52K | $595K | $1K | — | View 990 |
| 2019 | $115K | $91K | $610K | $2K | — | View 990 |
| 2018 | $115K | $82K | $587K | $2K | — | View 990 |
| 2017 | $102K | $81K | $553K | $1K | — | View 990 |
| 2016 | $228K | $71K | $531K | $123 | — | View 990 |
| 2015 | $138K | $77K | $375K | $703 | — | View 990 |
| 2014 | $90K | $74K | $315K | $2K | — | View 990 |
| 2013 | $111K | $74K | $298K | $2K | — | View 990 |
| 2012 | $120K | $51K | $261K | $2K | — | View 990 |
| 2011 | $200K | $34K | $209K | $20K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $117K, expenses of $127K, and assets of $770K (revenue -8.3% year-over-year).
- 2022: Revenue of $127K, expenses of $107K, and assets of $781K (revenue -48.5% year-over-year).
- 2021: Revenue of $247K, expenses of $82K, and assets of $763K (revenue +570.2% year-over-year).
- 2020: Revenue of $37K, expenses of $52K, and assets of $595K (revenue -67.9% year-over-year).
- 2019: Revenue of $115K, expenses of $91K, and assets of $610K (revenue -0.4% year-over-year).
- 2018: Revenue of $115K, expenses of $82K, and assets of $587K (revenue +13.4% year-over-year).
- 2017: Revenue of $102K, expenses of $81K, and assets of $553K (revenue -55.4% year-over-year).
- 2016: Revenue of $228K, expenses of $71K, and assets of $531K (revenue +65.6% year-over-year).
- 2015: Revenue of $138K, expenses of $77K, and assets of $375K (revenue +52.4% year-over-year).
- 2014: Revenue of $90K, expenses of $74K, and assets of $315K (revenue -18.9% year-over-year).
- 2013: Revenue of $111K, expenses of $74K, and assets of $298K (revenue -7.4% year-over-year).
- 2012: Revenue of $120K, expenses of $51K, and assets of $261K (revenue -39.7% year-over-year).
- 2011: Revenue of $200K, expenses of $34K, and assets of $209K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Zumbrota Area Arts Council:
Data Sources and Methodology
This transparency report for Zumbrota Area Arts Council 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.