Quick charity verification for Metropolitan School Of The Arts (EIN: 10560112)
Verdict: Metropolitan School Of The Arts appears trustworthy
88/100Mission Score
$3.3MRevenue
$1.7MAssets
2Red Flags
4Strengths
Red Flags
Operating deficit in the most recent filing (202306) where expenses ($3,190,961) exceeded revenue ($3,030,401).
Significant increase in liabilities from $156,037 in 202206 to $1,217,833 in 202306, which could indicate new debt or obligations.
Strengths
Consistent reporting of 0% officer compensation across all filings, indicating high efficiency and mission focus.
Strong asset growth over the past decade, from $80,587 in 201406 to $2,013,015 in 202306.
Generally stable revenue generation, consistently above $3 million in recent years.
Consistent IRS 990 filing history (11 filings), demonstrating good transparency practices.
Spending Breakdown
How Metropolitan School Of The Arts allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Metropolitan School Of The Arts
Is Metropolitan School Of The Arts a legitimate charity?
Based on AI analysis of IRS 990 filings, Metropolitan School Of The Arts (EIN: 10560112) appears trustworthy. Mission Score: 88/100. 2 red flags identified, 4 strengths noted.
Is Metropolitan School Of The Arts a good charity to donate to?
Metropolitan School Of The Arts has a Mission Score of 88/100. Revenue: $3.3M. Assets: $1.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Metropolitan School Of The Arts?
The Employer Identification Number (EIN) for Metropolitan School Of The Arts is 10560112. 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 Metropolitan School Of The Arts spend its money?
Metropolitan School Of The Arts allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Metropolitan School Of The Arts's tax-exempt status?
You can verify Metropolitan School Of The Arts's tax-exempt status using EIN 10560112 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
Metropolitan School Of The Arts demonstrates consistent operational activity with revenues generally exceeding or closely matching expenses over the past decade. For instance, in 202206, revenue was $3,445,729 against expenses of $3,179,414, indicating a surplus. However, the most recent filing (202306) shows expenses ($3,190,961) slightly exceeding revenue ($3,030,401), resulting in a deficit for that period. The organization's assets have shown growth over time, from $80,587 in 201406 to $2,013,015 in 202306, suggesting financial stability and capacity building. Liabilities have fluctuated, with a notable increase in 202306 to $1,217,833, which warrants monitoring relative to assets.
The organization consistently reports 0% officer compensation across all available filings, which is a significant indicator of financial efficiency and a strong commitment to directing funds towards its mission rather than executive salaries. This practice enhances donor confidence and suggests a volunteer-driven or very lean administrative structure at the top. While specific program, administrative, and fundraising expense breakdowns are not provided in the raw data, the absence of officer compensation implies a high potential for efficient spending.
Overall, Metropolitan School Of The Arts appears to be in reasonable financial health, with a strong trend of asset growth and a commendable approach to executive compensation. The recent deficit in 202306 should be observed in future filings to ensure it's an anomaly rather than a trend. Their consistent filing history also points to good transparency practices.