Is Cny Art Council Inc Legit?

Cny Art Council Inc demonstrates consistent financial stability and growth over the past decade, with assets steadily increasing from $6,252 in 2014 to $42,876 currently. The organization consistently operates with a positive net income, as seen in 2023 where revenue of $50,296 exceeded expenses of $48,686. This indicates sound financial management and an ability to cover operational costs. The organization's spending efficiency appears strong, particularly given that officer compensation has consistently been reported as 0% across all available filings. This suggests that the organization is run by volunteers or that compensation is minimal and not reported as officer compensation, allowing a greater proportion of funds to be directed towards its mission. The absence of liabilities in recent years (since 2015) further underscores a healthy financial position. While specific program spending ratios are not explicitly detailed in the provided data, the consistent growth in assets and the lack of officer compensation are positive indicators of financial health and a focus on mission. The organization's consistent filing of IRS Form 990s over 13 periods also points to a commitment to transparency.