Quick charity verification for Alvin Ailey Dance Foundation Inc (EIN: 132584273)
Verdict: Alvin Ailey Dance Foundation Inc appears trustworthy
85/100Mission Score
$82.6MRevenue
$260.8MAssets
2Red Flags
3Strengths
Red Flags
Consistent 0% 'Officer Comp' reported on 990s, which is highly unusual for an organization of this size and could indicate a lack of transparency in executive compensation disclosure.
Expenses exceeded revenue in the most recent filing (202306), indicating an operational deficit for that period.
Strengths
Substantial and growing asset base, reaching over $260 million, indicating strong financial reserves.
Long history of operations with consistent filing of IRS 990s, demonstrating compliance.
Significant revenue generation, with latest reported revenue at $82,648,000, supporting its mission.
Spending Breakdown
How Alvin Ailey Dance Foundation Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Alvin Ailey Dance Foundation Inc
Is Alvin Ailey Dance Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Alvin Ailey Dance Foundation Inc (EIN: 132584273) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Alvin Ailey Dance Foundation Inc a good charity to donate to?
Alvin Ailey Dance Foundation Inc has a Mission Score of 85/100. Revenue: $82.6M. Assets: $260.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Alvin Ailey Dance Foundation Inc?
The Employer Identification Number (EIN) for Alvin Ailey Dance Foundation Inc is 132584273. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Alvin Ailey Dance Foundation Inc spend its money?
Alvin Ailey Dance Foundation Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Alvin Ailey Dance Foundation Inc's tax-exempt status?
You can verify Alvin Ailey Dance Foundation Inc's tax-exempt status using EIN 132584273 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Alvin Ailey Dance Foundation Inc. demonstrates a generally stable financial position with substantial assets, reaching $260,776,404 in its latest reported period. While revenue has fluctuated over the past decade, including a notable peak of $68,889,128 in 2015 and $57,516,021 in 2021, the organization has consistently maintained a strong asset base. The most recent filing (202306) shows expenses exceeding revenue ($48,268,877 vs. $37,156,403), indicating a deficit for that specific period, which warrants monitoring. However, this is not an isolated incident, as deficits were also observed in 2020 and 2017, suggesting a reliance on reserves or other funding sources during certain operational cycles.
The organization's transparency regarding executive compensation is high, with 'Officer Comp' consistently reported as 0% across all available filings. This indicates that the highest-ranking officers are either uncompensated or their compensation is not categorized under 'Officer Comp' in a way that is typically reported on the 990, which is unusual for an organization of this size. Further investigation into how executive compensation is reported or structured would be beneficial for a complete understanding. The consistent growth in assets over the long term, from $170,406,862 in 2014 to over $257 million in 2023, suggests effective asset management and financial stewardship despite periodic operational deficits.