Is Drawing Center Inc Legit?

Spending Breakdown

How Drawing Center 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 Drawing Center Inc

Is Drawing Center Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Drawing Center Inc (EIN: 132887872) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is Drawing Center Inc a good charity to donate to?

Drawing Center Inc has a Mission Score of 85/100. Revenue: $4.0M. Assets: $10.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Drawing Center Inc?

The Employer Identification Number (EIN) for Drawing Center Inc is 132887872. 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 Drawing Center Inc spend its money?

Drawing Center Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Drawing Center Inc's tax-exempt status?

You can verify Drawing Center Inc's tax-exempt status using EIN 132887872 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 Drawing Center Inc. demonstrates consistent financial operations, with revenues generally keeping pace with or slightly exceeding expenses in recent years, as seen in the 202206 period where revenue was $3,697,448 against expenses of $3,286,962. However, the most recent filing (202306) shows expenses of $3,492,254 exceeding revenue of $3,079,087, indicating a deficit for that period. The organization maintains a healthy asset base, consistently above $10 million, with $10,883,260 in latest reported assets, suggesting financial stability despite year-to-year fluctuations in operating results. Liabilities have also remained manageable, typically around 15-20% of total assets.

Spending efficiency appears reasonable, though specific program, administrative, and fundraising breakdowns are not provided in the summary data. The consistent operation over many years with a stable asset base suggests effective management of resources. The organization's transparency is bolstered by its consistent filing of IRS Form 990s over 13 periods, providing a clear historical financial record. The reported 0% officer compensation across all available filings is a notable aspect of its financial structure, indicating that top leadership is either unpaid or compensated through other means not categorized as officer compensation on these forms, which could be a strength in terms of resource allocation or a point for further inquiry regarding full compensation structures.

Overall, The Drawing Center Inc. appears to be a financially stable organization with a long history of operation. While the most recent period shows a slight operating deficit, its substantial assets provide a buffer. The lack of reported officer compensation is a distinctive feature, and the consistent filing of 990s contributes positively to its transparency profile.

Verdict: Drawing Center Inc appears trustworthy

Red Flags

Strengths