Is National Academy Of Design Legit? —…

Strengths

Consistent reporting of 0% officer compensation, indicating strong transparency in executive pay.
Substantial and growing asset base, increasing from $16.5M in 201706 to $85.7M in 202306, providing financial stability.
Low liabilities relative to assets in most periods, indicating a healthy balance sheet.
Significant surpluses in certain years (e.g., 201906: Revenue $45.7M vs. Expenses $2.8M), demonstrating capacity for strong financial performance.

Spending Breakdown

How National Academy Of Design allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

Admin Costs

Reasonable — admin costs in check

10%

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 National Academy Of Design

Is National Academy Of Design a legitimate charity?

Based on AI analysis of IRS 990 filings, National Academy Of Design (EIN: 131628183) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is National Academy Of Design a good charity to donate to?

National Academy Of Design has a Mission Score of 85/100. Revenue: $31.6M. Assets: $92.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for National Academy Of Design?

The Employer Identification Number (EIN) for National Academy Of Design is 131628183. 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 National Academy Of Design spend its money?

National Academy Of Design allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify National Academy Of Design's tax-exempt status?

You can verify National Academy Of Design's tax-exempt status using EIN 131628183 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 National Academy Of Design exhibits a fluctuating financial profile, with significant swings in revenue and expenses over the past decade. For instance, revenue peaked at $45,789,426 in 201906, while expenses were $2,804,181, indicating a substantial surplus. However, in 202306, the organization reported a deficit with revenues of $1,381,967 against expenses of $3,338,656. The organization's assets have grown considerably, from $16,543,824 in 201706 to $85,729,701 in 202306, suggesting effective asset management or significant capital contributions. The consistent reporting of 0% officer compensation across all available filings indicates strong transparency regarding executive pay, as it suggests either no paid officers or that compensation is reported elsewhere or is negligible. The organization's NTEE code B400 (Museums) aligns with its mission, and the financial data, despite its volatility, generally supports a well-established institution with substantial assets.

Spending efficiency is difficult to precisely determine without a detailed functional expense breakdown (program, administrative, fundraising) for each year. However, the large surpluses in some years (e.g., 201906, 201806) suggest periods of strong financial performance where revenue significantly outpaced expenses. Conversely, periods of deficit, such as 202306 and 201706, indicate years where expenses exceeded revenue. The organization's substantial asset base of $85,729,701 in 202306 provides a strong financial cushion, which is a positive indicator of long-term stability, especially given the variability in annual operating results. The low liabilities relative to assets in most years also point to a healthy balance sheet.

Overall, the National Academy Of Design appears to be a transparent organization regarding executive compensation, with a robust asset base. While its annual operating results can be volatile, its long-term financial health, as evidenced by asset growth and low liabilities, appears sound. Further analysis would benefit from detailed functional expense breakdowns to fully assess spending efficiency across program, administrative, and fundraising categories.

Is National Academy Of Design Legit?

Verdict: National Academy Of Design appears trustworthy

Red Flags