Quick charity verification for Artemis Institute (EIN: 10758596)
Verdict: Artemis Institute shows mixed signals
55/100Mission Score
$61KRevenue
$93KAssets
3Red Flags
3Strengths
Red Flags
Consistent deficit spending in recent years (e.g., 2023 expenses $25,024 vs. revenue $7,453)
Significant decline in assets from $138,681 in 2017 to $39,085 in 2023
Lack of detailed expense breakdown in available data to assess spending efficiency
Strengths
Consistent IRS 990 filing history (10 filings)
No reported officer compensation, suggesting efficient use of funds for leadership or volunteer-led structure
History of generating substantial revenue in earlier periods (e.g., $183,023 in 2012)
Spending Breakdown
How Artemis Institute allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
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 Artemis Institute
Is Artemis Institute a legitimate charity?
Based on AI analysis of IRS 990 filings, Artemis Institute (EIN: 10758596) shows mixed signals. Mission Score: 55/100. 3 red flags identified, 3 strengths noted.
Is Artemis Institute a good charity to donate to?
Artemis Institute has a Mission Score of 55/100. Revenue: $61K. Assets: $93K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Artemis Institute?
The Employer Identification Number (EIN) for Artemis Institute is 10758596. 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 Artemis Institute spend its money?
Artemis Institute allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Artemis Institute's tax-exempt status?
You can verify Artemis Institute's tax-exempt status using EIN 10758596 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
Artemis Institute demonstrates a mixed financial picture. While the organization has a history of consistent filing, its recent financial performance shows a concerning trend of expenses significantly exceeding revenue. For instance, in 2023, expenses were $25,024 against revenue of only $7,453, and in 2022, expenses were $17,783 against $4,111 in revenue. This indicates a reliance on prior year assets or other funding sources to cover operational costs, which is not sustainable long-term. The organization's assets have also seen a decline from a high of $138,681 in 2017 to $39,085 in 2023.
The lack of reported officer compensation across all filings suggests either a volunteer-led structure or that compensation is below reporting thresholds, which can be a positive indicator of resource allocation to mission. However, without a detailed breakdown of expenses (e.g., program vs. administrative vs. fundraising), it's challenging to fully assess spending efficiency. The consistent deficit spending in recent years raises questions about financial planning and long-term viability, despite a history of higher revenues in earlier periods.