Is Markeim Art Center Inc Legit?

Spending Breakdown

How Markeim Art Center Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Markeim Art Center Inc

Is Markeim Art Center Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Markeim Art Center Inc (EIN: 210732590) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is Markeim Art Center Inc a good charity to donate to?

Markeim Art Center Inc has a Mission Score of 85/100. Revenue: $269K. Assets: $103K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Markeim Art Center Inc?

The Employer Identification Number (EIN) for Markeim Art Center Inc is 210732590. 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 Markeim Art Center Inc spend its money?

Markeim Art Center Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

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

You can verify Markeim Art Center Inc's tax-exempt status using EIN 210732590 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

Markeim Art Center Inc demonstrates a generally stable, albeit modest, financial profile. Over the past few years, the organization has shown fluctuating revenue, with a notable increase to $173,742 in 2023 from $138,843 in 2022, indicating some recovery and growth. Expenses have largely tracked revenue, suggesting a lean operational model. The organization's assets have grown from $23,074 in 2022 to $41,292 in 2023, which is a positive trend, though overall assets remain relatively low for an organization of its type. Liabilities have also remained low, with only $1,529 reported in 2023, indicating good financial management and minimal debt burden.

Spending efficiency appears to be a strength, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that resources are primarily directed towards the organization's mission rather than executive salaries. While a detailed breakdown of program vs. administrative spending isn't explicitly provided in the summary data, the absence of executive compensation is a strong indicator of efficient use of funds. The organization's revenue has fluctuated significantly over the years, from a high of $261,054 in 2015 to a low of $56,040 in 2020, reflecting potential challenges in consistent fundraising or program delivery, but the recent upward trend is encouraging.

In terms of transparency, the consistent filing of IRS Form 990s over a long period (9 filings) demonstrates a commitment to public accountability. The clear reporting of revenue, expenses, assets, liabilities, and officer compensation in each filing provides a good overview of the organization's financial activities. The lack of reported officer compensation enhances trust and suggests a volunteer-driven leadership model, which is often viewed positively by donors.

Verdict: Markeim Art Center Inc appears trustworthy

Red Flags

Strengths