Quick charity verification for Cny Arts Inc (EIN: 150625350)
Verdict: Cny Arts Inc appears trustworthy
90/100Mission Score
$3.5MRevenue
$2.1MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent reporting of 0% officer compensation across all filings, indicating high efficiency.
Revenues consistently exceeding expenses in most recent periods (e.g., $4,441,238 revenue vs. $4,298,282 expenses in 2024).
Healthy asset base relative to liabilities, suggesting good financial solvency (e.g., $2,077,415 assets vs. $721,957 liabilities in 2024).
Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
Stable financial operations with consistent revenue streams over many years.
Spending Breakdown
How Cny Arts Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Arts Inc
Is Cny Arts Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cny Arts Inc (EIN: 150625350) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Cny Arts Inc a good charity to donate to?
Cny Arts Inc has a Mission Score of 90/100. Revenue: $3.5M. Assets: $2.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Cny Arts Inc?
The Employer Identification Number (EIN) for Cny Arts Inc is 150625350. 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 Arts Inc spend its money?
Cny Arts Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Cny Arts Inc's tax-exempt status?
You can verify Cny Arts Inc's tax-exempt status using EIN 150625350 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 Arts Inc demonstrates a generally stable financial position, with revenues consistently exceeding expenses in most recent periods, indicating sound operational management. For instance, in 2024, revenue was $4,441,238 against expenses of $4,298,282, resulting in a surplus. The organization's assets have fluctuated, peaking in 2019 at $4,060,627 and currently standing at $2,077,415 in 2024, suggesting potential strategic asset management or changes in funding. Liabilities have also seen variations, but the organization appears to maintain a healthy asset-to-liability ratio, indicating good financial solvency.
Spending efficiency appears to be a strong point, as the organization consistently reports 0% officer compensation across all available filings. This suggests that a very high proportion of funds are directed towards program services and operational costs rather than executive salaries. While specific program spending percentages are not detailed in the provided data, the absence of officer compensation is a positive indicator of resource allocation. The organization's consistent filing of IRS Form 990s over 13 periods also points to a commitment to transparency.
Overall, Cny Arts Inc exhibits characteristics of a well-managed nonprofit with a focus on its mission, supported by consistent revenue generation and prudent financial oversight. The lack of executive compensation is a particularly noteworthy aspect, enhancing its appeal from an efficiency and transparency perspective. The fluctuations in assets and liabilities warrant a deeper look into the nature of these changes, but on the surface, the organization appears financially healthy and responsible.