Is The Andy Warhol Foundation For The Visual Arts Inc Legit?
Quick charity verification for The Andy Warhol Foundation For The Visual Arts Inc (EIN: 133410749)
Verdict: The Andy Warhol Foundation For The Visual Arts Inc appears trustworthy
92/100Mission Score
$50.6MRevenue
$376.3MAssets
1Red Flags
5Strengths
Red Flags
Unusually low reported officer compensation (0%) for an organization of this size, which might warrant further investigation into how leadership is compensated or structured.
Strengths
Strong and growing asset base, reaching $376,265,374 in the latest period.
Consistently low liabilities, demonstrating strong financial health (e.g., $2,616,758 in 202304).
Zero reported officer compensation across all filings, suggesting high dedication of funds to mission.
Consistent filing of IRS 990 forms over a decade, indicating good transparency.
Effective expense management, generally keeping expenses below or near revenue despite fluctuations.
Spending Breakdown
How The Andy Warhol Foundation For The Visual Arts Inc 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 The Andy Warhol Foundation For The Visual Arts Inc
Is The Andy Warhol Foundation For The Visual Arts Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Andy Warhol Foundation For The Visual Arts Inc (EIN: 133410749) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is The Andy Warhol Foundation For The Visual Arts Inc a good charity to donate to?
The Andy Warhol Foundation For The Visual Arts Inc has a Mission Score of 92/100. Revenue: $50.6M. Assets: $376.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Andy Warhol Foundation For The Visual Arts Inc?
The Employer Identification Number (EIN) for The Andy Warhol Foundation For The Visual Arts Inc is 133410749. 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 Andy Warhol Foundation For The Visual Arts Inc spend its money?
The Andy Warhol Foundation For The Visual Arts Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Andy Warhol Foundation For The Visual Arts Inc's tax-exempt status?
You can verify The Andy Warhol Foundation For The Visual Arts Inc's tax-exempt status using EIN 133410749 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 Andy Warhol Foundation For The Visual Arts Inc demonstrates a strong financial position with substantial assets, most recently reported at $376,265,374. The organization consistently maintains a healthy asset base, significantly exceeding its liabilities (e.g., $357,496,436 in assets vs. $2,616,758 in liabilities for the 202304 period). While revenue has fluctuated, with a high of $51,526,373 in 202204 and a low of $3,303,544 in 201104, the foundation has managed its expenses effectively, generally keeping them below or near revenue levels in most recent periods, indicating sound financial management. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency and a commitment to directing resources towards its mission rather than executive salaries.
The foundation's spending efficiency appears robust, particularly given the absence of reported officer compensation, which implies that administrative costs related to top leadership salaries are minimal or covered through other means. The substantial asset base provides long-term stability and capacity for program delivery. The consistent filing of IRS 990 forms over a decade further enhances its transparency, allowing stakeholders to track its financial performance and resource allocation over time. Overall, the foundation exhibits strong financial health and a commendable level of transparency.