Is The African American Art And Culture…

Quick charity verification for The African American Art And Culture Complex (EIN: 200118582)

Red Flags

Operating deficit in the most recent filing (202306) where expenses ($4,639,183) exceeded revenue ($4,451,109).
Significant decrease in assets from $2,898,202 in 2022 to $1,478,901 in 2023.
Large fluctuation in liabilities, peaking at $1,718,637 in 2022.
Consistent 0% officer compensation for an organization with over $4 million in revenue, which is highly unusual and could indicate unreported compensation or reliance on unsustainable volunteer models for leadership.

Spending Breakdown

How The African American Art And Culture Complex allocates its funds across programs, administration, and fundraising.

85%

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 The African American Art And Culture Complex

Is The African American Art And Culture Complex a legitimate charity?

Based on AI analysis of IRS 990 filings, The African American Art And Culture Complex (EIN: 200118582) appears trustworthy. Mission Score: 80/100. 4 red flags identified, 4 strengths noted.

Is The African American Art And Culture Complex a good charity to donate to?

The African American Art And Culture Complex has a Mission Score of 80/100. Revenue: $3.8M. Assets: $2.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for The African American Art And Culture Complex?

The Employer Identification Number (EIN) for The African American Art And Culture Complex is 200118582. 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 The African American Art And Culture Complex spend its money?

The African American Art And Culture Complex allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify The African American Art And Culture Complex's tax-exempt status?

You can verify The African American Art And Culture Complex's tax-exempt status using EIN 200118582 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 African American Art And Culture Complex demonstrates a fluctuating but generally improving financial trajectory over the past several years. While the organization experienced a deficit in the most recent filing period (202306) with expenses exceeding revenue by approximately $188,000, this follows several years of strong revenue growth, peaking at $4,451,109 in 2023. The organization's assets have shown significant growth from $15,622 in 2019 to $1,478,901 in 2023, indicating an increase in financial capacity, though there was a notable decrease from $2,898,202 in 2022. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to directing funds towards its mission rather than executive salaries, which is a positive indicator of financial efficiency and transparency.

The organization's spending efficiency appears to be reasonable, especially given the lack of reported officer compensation. The recent deficit in 2023, while a concern, should be viewed in the context of its overall growth and asset accumulation. The significant increase in liabilities from $119,334 in 2021 to $1,718,637 in 2022, before decreasing to $468,128 in 2023, warrants further investigation to understand the nature of these obligations and their management. Overall, the organization exhibits a commitment to its mission through its compensation structure and growth in operational scale, but careful monitoring of its financial stability, particularly regarding deficits and liability management, is advisable.

Is The African American Art And Culture Complex Legit?

Verdict: The African American Art And Culture Complex appears trustworthy