Quick charity verification for New York Live Arts Inc (EIN: 136206608)
Verdict: New York Live Arts Inc appears trustworthy
85/100Mission Score
$17.3MRevenue
$20.4MAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed functional expense breakdown in provided data prevents precise spending efficiency analysis.
Strengths
Consistent asset growth, reaching $18,845,656 in 2023.
Significant reduction in liabilities from $5,659,317 in 2016 to $497,839 in 2023.
0% reported officer compensation across all filings, indicating efficient use of funds or alternative reporting.
Long history of IRS 990 filings, demonstrating transparency and compliance.
Effective management of expenses relative to revenue over the past decade.
Spending Breakdown
How New York Live Arts Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
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 New York Live Arts Inc
Is New York Live Arts Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New York Live Arts Inc (EIN: 136206608) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
Is New York Live Arts Inc a good charity to donate to?
New York Live Arts Inc has a Mission Score of 85/100. Revenue: $17.3M. Assets: $20.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New York Live Arts Inc?
The Employer Identification Number (EIN) for New York Live Arts Inc is 136206608. 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 New York Live Arts Inc spend its money?
New York Live Arts Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New York Live Arts Inc's tax-exempt status?
You can verify New York Live Arts Inc's tax-exempt status using EIN 136206608 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
New York Live Arts Inc demonstrates a generally stable financial position with consistent asset growth over the past decade, reaching $18,845,656 in 2023. The organization has shown a strong ability to manage its liabilities, significantly reducing them from a high of $5,659,317 in 2016 to $497,839 in 2023. While revenue has fluctuated, with a notable peak of $10,002,942 in 2022, the organization has largely maintained expenses below or near revenue, indicating sound financial management. The absence of reported officer compensation across all filings suggests a commitment to directing funds towards its mission, or that compensation is reported under other categories, which would warrant further investigation for full transparency.
The organization's spending efficiency appears robust, particularly given its consistent program delivery as implied by its NTEE code (A620 - Performing Arts Centers). The significant reduction in liabilities over time, coupled with asset growth, points to responsible stewardship of resources. The lack of reported officer compensation is a positive indicator for donor confidence regarding executive pay, though a detailed breakdown of functional expenses would provide a clearer picture of administrative and fundraising efficiency. Overall, New York Live Arts Inc appears to be a financially healthy and well-managed nonprofit.
Transparency is high regarding executive compensation, with 0% reported for officers across all available filings. The consistent filing of IRS Form 990s over a long period also contributes to its transparency. However, without a detailed breakdown of program, administrative, and fundraising expenses from the provided data, a complete assessment of spending efficiency ratios is limited. The overall trend of managing expenses and liabilities effectively suggests a responsible approach to financial operations.