Quick charity verification for Newark Arts Council (EIN: 222412819)
Verdict: Newark Arts Council appears trustworthy
75/100Mission Score
$1.2MRevenue
$732KAssets
3Red Flags
3Strengths
Red Flags
Total revenue has significantly declined from $2,660,381 in 2021 to $2,135,228 in 2023.
Total assets have decreased from $1,947,360 in 2021 to $1,337,089 in 2023.
Liabilities have increased from $117,876 in 2023 to $1,060,352 in 2021, showing volatility.
Strengths
Consistently high percentage of expenses dedicated to programs (89% in 2023).
Low administrative and fundraising costs, indicating efficient operations.
Positive net assets across all reported years, despite recent declines.
Spending Breakdown
How Newark Arts Council allocates its funds across programs, administration, and fundraising.
89%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
6%
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 Newark Arts Council
Is Newark Arts Council a legitimate charity?
Based on AI analysis of IRS 990 filings, Newark Arts Council (EIN: 222412819) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Newark Arts Council a good charity to donate to?
Newark Arts Council has a Mission Score of 75/100. Revenue: $1.2M. Assets: $732K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Newark Arts Council?
The Employer Identification Number (EIN) for Newark Arts Council is 222412819. 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 Newark Arts Council spend its money?
Newark Arts Council allocates 89% to programs, 5% to administration, and 6% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Newark Arts Council's tax-exempt status?
You can verify Newark Arts Council's tax-exempt status using EIN 222412819 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
Newark Arts Council is a unknown nonprofit based in Newark, New Jersey, with reported revenue of $1.2M and assets of $732K. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 89% of spending goes to programs, 5% to administration, and 6% to fundraising. Executive compensation is not reported in the provided filings, indicating that no individual received more than $100,000 in reportable compensation. Revenue has grown +583% across 12 filing periods.