Quick charity verification for Latrobe Art Center (EIN: 20610614)
Verdict: Latrobe Art Center appears trustworthy
85/100Mission Score
$656KRevenue
$659KAssets
1Red Flags
4Strengths
Red Flags
Operating deficit in the most recent fiscal year (2023), with expenses exceeding revenue by $59,394.
Strengths
Consistent asset growth over the past decade, from $192,181 in 2014 to $406,912 in 2023.
Zero reported officer compensation across all filings, indicating high efficiency and dedication of resources to mission.
Low liabilities relative to assets, demonstrating sound financial management.
Consistent filing of IRS 990 forms, indicating transparency and compliance.
Spending Breakdown
How Latrobe Art Center 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 Latrobe Art Center
Is Latrobe Art Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Latrobe Art Center (EIN: 20610614) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Latrobe Art Center a good charity to donate to?
Latrobe Art Center has a Mission Score of 85/100. Revenue: $656K. Assets: $659K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Latrobe Art Center?
The Employer Identification Number (EIN) for Latrobe Art Center is 20610614. 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 Latrobe Art Center spend its money?
Latrobe Art Center allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Latrobe Art Center's tax-exempt status?
You can verify Latrobe Art Center's tax-exempt status using EIN 20610614 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
Latrobe Art Center demonstrates a generally stable financial position over the past decade, with assets growing from $192,181 in 2014 to $406,912 in 2023. While revenue has fluctuated, the organization has consistently maintained a healthy asset base relative to its liabilities, which have remained low, typically under $10,000. The most recent filing (2023) shows expenses ($354,665) exceeding revenue ($295,271), resulting in a deficit for that year, which warrants monitoring. However, this follows several years of positive net income, suggesting a strategic use of reserves or a temporary operational adjustment.
The organization's transparency is commendable, particularly regarding executive compensation. The consistent reporting of 0% officer compensation across all available filings indicates that the leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is a strong indicator of resource dedication to mission. This practice, combined with regular IRS 990 filings, suggests a commitment to public accountability. The NTEE code A20 (Arts, Culture, Humanities - General) aligns with its name, indicating a clear mission focus.
Overall, Latrobe Art Center appears to be a financially sound organization with a strong commitment to its mission, as evidenced by its asset growth and lack of reported officer compensation. The recent deficit in 2023 should be observed in future filings, but it does not immediately signal a significant financial distress given the organization's historical performance and asset base.