Academic Arts High School
Academic Arts High School shows consistent growth but operates with increasing liabilities and recent deficit spending.
EIN: 200608568 · West St Paul, MN · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $2.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $2K |
| Transparency Score | 70/100 |
Is Academic Arts High School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Academic Arts High School directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Academic Arts High School
Academic Arts High School (EIN: 200608568) is a nonprofit organization based in West St Paul, MN, classified under NTEE code B29. The organization reported total revenue of $2.3M and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Academic Arts High School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Academic Arts High School is a mid-size nonprofit that has been operating for 22 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $2.6M |
| Surplus / Deficit | $-161,838 |
| Total Assets | $2.5M |
| Total Liabilities | $2.5M |
| Net Assets | $2K |
| Operating Margin | -6.6% |
| Debt-to-Asset Ratio | 99.9% |
| Months of Reserves | 11.4 months |
Financial Health Grade: C
In 2023, Academic Arts High School reported a deficit of $162K with expenses exceeding revenue, holds 11.4 months of operating reserves (strong position), has a debt-to-asset ratio of 99.9% (high leverage).
Financial Trends
Over 12 years of filings (2011–2023), Academic Arts High School's revenue has grown at a compound annual growth rate (CAGR) of 11.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.1% | +8.4% | -5.7% |
| 2022 | +12.9% | +15.4% | +76.4% |
| 2021 | +1.3% | +13.8% | +147.4% |
| 2020 | +9.6% | +5.1% | +16.4% |
| 2019 | +19.5% | +16.1% | +30.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Academic Arts High School with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Academic Arts High School allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $162K, with expenses exceeding revenue.
- Debt-to-asset ratio: 99.9%.
Executive Compensation Analysis
The reported 0% officer compensation across all available filings is highly unusual for an organization with annual revenues exceeding $2 million. This could indicate that executive leadership is compensated through a related entity or that the school is managed by volunteers, which would be a significant strength in terms of resource allocation but requires further clarification for complete transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Academic Arts High School's IRS 990 filings:
- Consistent deficit spending in recent years (e.g., 202306, 202206, 202106)
- High liability-to-asset ratio (202306: Liabilities=$2,468,904, Assets=$2,471,317)
- Unusual 0% reported officer compensation for an organization of this size, warranting further investigation for transparency.
Strengths
The following positive indicators were identified for Academic Arts High School:
- Consistent revenue growth over the past decade, indicating increasing support or demand for services.
- Significant asset growth over time, though offset by liabilities.
- Implied high program efficiency due to 0% reported officer compensation, assuming leadership is genuinely uncompensated or compensated through highly efficient means.
Frequently Asked Questions about Academic Arts High School
Is Academic Arts High School a legitimate charity?
Based on AI analysis of IRS 990 filings, Academic Arts High School (EIN: 200608568) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Academic Arts High School spend its money?
Academic Arts High School directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Academic Arts High School tax-deductible?
Academic Arts High School is registered as a tax-exempt nonprofit (EIN: 200608568). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Academic Arts High School CEO make?
Academic Arts High School's highest-compensated officer earns $2 annually. The organization reported $2.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Academic Arts High School's spending goes to programs?
Academic Arts High School directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Academic Arts High School compare to similar nonprofits?
With a transparency score of 70/100 (Good), Academic Arts High School is above average for NTEE category B29 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Academic Arts High School located?
Academic Arts High School is headquartered in West St Paul, Minnesota and files with the IRS under EIN 200608568. It is classified under NTEE code B29.
How many years of IRS 990 filings does Academic Arts High School have?
Academic Arts High School has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.3M in total revenue.
How does Academic Arts High School manage to operate with 0% reported officer compensation?
The consistent reporting of 0% officer compensation across all filings is atypical for an organization of this size. It suggests that executive leadership may be compensated through a related entity, or the school is managed by a volunteer board and staff, which would be a significant operational efficiency. Further inquiry into the compensation structure for key management personnel would provide clarity.
What is the nature of the significant increase in liabilities, especially in relation to assets?
The liabilities have grown substantially, almost matching assets in the latest period (202306: Liabilities=$2,468,904 vs. Assets=$2,471,317). This high liability-to-asset ratio could indicate significant debt, lease obligations, or other short-term financial commitments that could impact the organization's financial flexibility and long-term stability.
What is the cause of the consistent deficit spending in recent years?
For the periods 202306, 202206, 202106, 201706, 201606, and 201306, expenses exceeded revenue. This trend of operating at a deficit, particularly in recent years (e.g., 202306: Expenses=$2,612,521 vs. Revenue=$2,450,683), is unsustainable in the long term and could erode reserves or increase debt.
Filing History
IRS 990 filing history for Academic Arts High School showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Academic Arts High School's revenue has grown by 260.9%, moving from $679K to $2.5M. Total assets increased by 1156.7% over the same period, from $197K to $2.5M. Total functional expenses rose by 327.8%, from $611K to $2.6M. In its most recent filing year (2023), Academic Arts High School reported a deficit of $162K, with expenses exceeding revenue. The organization holds $2.5M in liabilities against $2.5M in assets (debt-to-asset ratio: 99.9%), resulting in net assets of $2K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.5M | $2.6M | $2.5M | $2.5M | — | — |
| 2022 | $2.2M | $2.4M | $2.6M | $2.5M | — | View 990 |
| 2021 | $2.0M | $2.1M | $1.5M | $1.1M | — | View 990 |
| 2020 | $1.9M | $1.8M | $601K | $134K | — | View 990 |
| 2019 | $1.8M | $1.7M | $516K | $160K | — | View 990 |
| 2017 | $1.5M | $1.5M | $395K | $121K | — | View 990 |
| 2016 | $1.3M | $1.4M | $422K | $128K | — | View 990 |
| 2015 | $1.2M | $1.1M | $395K | $95K | — | View 990 |
| 2014 | $1.0M | $989K | $282K | $78K | — | View 990 |
| 2013 | $823K | $865K | $215K | $60K | — | View 990 |
| 2012 | $711K | $676K | $289K | $93K | — | View 990 |
| 2011 | $679K | $611K | $197K | $36K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.5M, expenses of $2.6M, and assets of $2.5M (revenue +10.1% year-over-year).
- 2022: Revenue of $2.2M, expenses of $2.4M, and assets of $2.6M (revenue +12.9% year-over-year).
- 2021: Revenue of $2.0M, expenses of $2.1M, and assets of $1.5M (revenue +1.3% year-over-year).
- 2020: Revenue of $1.9M, expenses of $1.8M, and assets of $601K (revenue +9.6% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.7M, and assets of $516K (revenue +19.5% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.5M, and assets of $395K (revenue +10.3% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.4M, and assets of $422K (revenue +11.3% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.1M, and assets of $395K (revenue +16.5% year-over-year).
- 2014: Revenue of $1.0M, expenses of $989K, and assets of $282K (revenue +26.3% year-over-year).
- 2013: Revenue of $823K, expenses of $865K, and assets of $215K (revenue +15.7% year-over-year).
- 2012: Revenue of $711K, expenses of $676K, and assets of $289K (revenue +4.7% year-over-year).
- 2011: Revenue of $679K, expenses of $611K, and assets of $197K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Academic Arts High School:
Data Sources and Methodology
This transparency report for Academic Arts High School is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.