Is Greater Rochester Arts And Cultural Trust Legit?
Quick charity verification for Greater Rochester Arts And Cultural Trust (EIN: 204748879)
Verdict: Greater Rochester Arts And Cultural Trust appears trustworthy
75/100Mission Score
$125KRevenue
$116KAssets
2Red Flags
4Strengths
Red Flags
Expenses exceeded revenue in the most recent filing (2023), leading to a deficit of $30,380.
Significant year-over-year revenue fluctuations, indicating potential instability in funding streams.
Strengths
Consistent asset growth, increasing from $30,863 in 2016 to $112,234 in 2023.
Zero reported liabilities across all filings, indicating strong financial management and no debt.
No reported officer compensation, suggesting efficient use of funds for leadership.
Strong financial transparency with publicly available IRS 990 filings.
Spending Breakdown
How Greater Rochester Arts And Cultural Trust allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Greater Rochester Arts And Cultural Trust
Is Greater Rochester Arts And Cultural Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Greater Rochester Arts And Cultural Trust (EIN: 204748879) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Greater Rochester Arts And Cultural Trust a good charity to donate to?
Greater Rochester Arts And Cultural Trust has a Mission Score of 75/100. Revenue: $125K. Assets: $116K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Greater Rochester Arts And Cultural Trust?
The Employer Identification Number (EIN) for Greater Rochester Arts And Cultural Trust is 204748879. 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 Greater Rochester Arts And Cultural Trust spend its money?
Greater Rochester Arts And Cultural Trust allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Greater Rochester Arts And Cultural Trust's tax-exempt status?
You can verify Greater Rochester Arts And Cultural Trust's tax-exempt status using EIN 204748879 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 Greater Rochester Arts And Cultural Trust demonstrates a generally stable financial position with consistent asset growth over the past several years, increasing from $30,863 in 2016 to $112,234 in 2023. Revenue has fluctuated, with a high of $180,479 in 2019 and a low of $40,063 in 2021, indicating some variability in funding streams. The organization consistently reports zero liabilities, which is a strong indicator of financial health and responsible management, avoiding debt.
Spending efficiency appears reasonable, though the latest filing (2023) shows expenses ($125,706) exceeding revenue ($95,326), resulting in a deficit for that period. This contrasts with previous years like 2022, where revenue ($126,074) comfortably exceeded expenses ($106,331). The absence of reported officer compensation across all filings suggests that executive leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which can be a positive for donor confidence regarding overhead.
Overall, the organization exhibits good transparency by making its 990 filings publicly available and consistently reporting key financial metrics. The lack of liabilities and the consistent asset base are positive signs, though donors should monitor the trend of expenses exceeding revenue, as seen in the most recent filing, to ensure long-term sustainability.