Is Wilson Arts Inc Legit?

Quick charity verification for Wilson Arts Inc (EIN: 202988518)

Verdict: Wilson Arts Inc appears trustworthy

75/100Mission Score

$114KRevenue

$166KAssets

2Red Flags

3Strengths

Red Flags

Significant deficit in 2023 (expenses $117,938 vs. revenue $73,576)
Highly fluctuating revenue and expense figures year-over-year, indicating potential instability in funding or program delivery.

Strengths

Consistent reporting of 0% officer compensation, indicating a volunteer-driven model and efficient use of funds for leadership.
Zero liabilities reported across all filings, demonstrating strong financial management and no outstanding debt.
Long-term growth in assets, from $54,714 in 2011 to $112,753 in 2023, providing a financial cushion.

Spending Breakdown

How Wilson Arts Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

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 Wilson Arts Inc

Is Wilson Arts Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Wilson Arts Inc (EIN: 202988518) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.

Is Wilson Arts Inc a good charity to donate to?

Wilson Arts Inc has a Mission Score of 75/100. Revenue: $114K. Assets: $166K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Wilson Arts Inc?

The Employer Identification Number (EIN) for Wilson Arts Inc is 202988518. 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 Wilson Arts Inc spend its money?

Wilson Arts Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Wilson Arts Inc's tax-exempt status?

You can verify Wilson Arts Inc's tax-exempt status using EIN 202988518 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

Wilson Arts Inc demonstrates a mixed financial picture based on its IRS 990 filings. While the organization has consistently maintained zero liabilities and zero officer compensation, indicating good financial hygiene and a volunteer-driven model, its revenue and expense figures show significant fluctuations. For instance, in 2023, expenses ($117,938) significantly outstripped revenue ($73,576), leading to a deficit. This contrasts with 2021 and 2020, where revenue comfortably exceeded expenses. The organization's assets have grown over time, from $54,714 in 2011 to $112,753 in 2023, suggesting some financial stability despite annual variations. The consistent reporting of zero officer compensation across all available filings points to a high degree of transparency regarding executive pay and a commitment to directing funds towards its mission rather than administrative salaries.

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the absence of officer compensation implies that a significant portion of administrative costs, if any, are not related to high salaries. The substantial deficit in 2023, where expenses were 160% of revenue, raises questions about the sustainability of its operations if such trends continue. Conversely, periods of strong revenue generation relative to expenses, such as in 2020 (revenue $74,497 vs. expenses $32,079), show the organization's capacity for efficient operation.

Overall, Wilson Arts Inc appears to be a transparent organization, particularly concerning executive compensation and liabilities. Its financial health, however, shows volatility, with periods of strong performance interspersed with significant deficits. The consistent growth in assets over the long term provides a buffer, but careful management of expenses relative to fluctuating revenue will be crucial for its future financial stability. The lack of detailed expense categorization in the provided data limits a deeper analysis of spending efficiency beyond the executive compensation aspect.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.