Quick charity verification for Fine Arts Radio Inc (EIN: 223015791)
Verdict: Fine Arts Radio Inc shows mixed signals
65/100Mission Score
$47KRevenue
$511KAssets
2Red Flags
2Strengths
Red Flags
Significant decline in revenue from $115,643 in 2021 to $47,421 in 2023, raising sustainability concerns.
Expenses consistently exceed revenue, leading to operational deficits in recent years.
Strengths
Maintains a substantial asset base of $511,441 in 2023, providing financial stability despite revenue declines.
Consistent filing of financial data demonstrates a commitment to basic transparency.
AI Transparency Report
Fine Arts Radio Inc is a unknown nonprofit based in Monroe, Connecticut, with reported revenue of $47K and assets of $511K. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 70% of spending goes to programs, 15% to administration, and 15% to fundraising. Executive compensation is not explicitly detailed in the provided financial data, making a specific assessment difficult beyond noting its inclusion within general expenses. Revenue has declined -59% across 3 filing periods.