Quick charity verification for Cny Art Council Inc (EIN: 205534306)
Verdict: Cny Art Council Inc appears trustworthy
85/100Mission Score
$57KRevenue
$43KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, from $6,252 in 2014 to $42,876 currently.
Zero reported officer compensation across all 13 filings, indicating efficient use of funds.
Absence of liabilities in recent years (since 2015), demonstrating strong financial management.
Consistent positive net income in most years, such as $1,610 in 2023 ($50,296 revenue vs. $48,686 expenses).
Regular IRS 990 filings over 13 periods, indicating good transparency.
Spending Breakdown
How Cny Art Council Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Cny Art Council Inc
Is Cny Art Council Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cny Art Council Inc (EIN: 205534306) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is Cny Art Council Inc a good charity to donate to?
Cny Art Council Inc has a Mission Score of 85/100. Revenue: $57K. Assets: $43K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Cny Art Council Inc?
The Employer Identification Number (EIN) for Cny Art Council Inc is 205534306. 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 Cny Art Council Inc spend its money?
Cny Art Council Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Cny Art Council Inc's tax-exempt status?
You can verify Cny Art Council Inc's tax-exempt status using EIN 205534306 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
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.