Academy Of Performing Arts Incorporated
EIN: 42575134 · Orleans, MA · NTEE: A6E0
Is Academy Of Performing Arts Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Academy Of Performing Arts Incorporated
Academy Of Performing Arts Incorporated (EIN: 42575134) is a nonprofit organization based in Orleans, MA, classified under NTEE code A6E0. The organization reported total revenue of $688K and total assets of $835K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Academy Of Performing Arts Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Academy Of Performing Arts Incorporated has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Academy Of Performing Arts Incorporated with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Frequently Asked Questions about Academy Of Performing Arts Incorporated
Is Academy Of Performing Arts Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Academy Of Performing Arts Incorporated (EIN: 42575134) insufficient data. 0 red flags identified, 0 strengths noted.
How does Academy Of Performing Arts Incorporated spend its money?
Detailed spending breakdown data is not yet available for Academy Of Performing Arts Incorporated. Check back for updated IRS 990 analysis.
Are donations to Academy Of Performing Arts Incorporated tax-deductible?
Academy Of Performing Arts Incorporated is registered as a tax-exempt nonprofit (EIN: 42575134). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Academy Of Performing Arts Incorporated showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Academy Of Performing Arts Incorporated's revenue has declined by 18.3%, moving from $528K to $431K. Total assets increased by 19.1% over the same period, from $537K to $640K. Total functional expenses fell by 27.4%, from $570K to $414K. In its most recent filing year (2024), Academy Of Performing Arts Incorporated reported a surplus of $17K, with revenue exceeding expenses. The organization holds $89K in liabilities against $640K in assets (debt-to-asset ratio: 13.9%), resulting in net assets of $551K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $431K | $414K | $640K | $89K | — | — |
| 2023 | $588K | $302K | $585K | $51K | — | View 990 |
| 2022 | $226K | $250K | $248K | $96 | — | View 990 |
| 2021 | $484K | $205K | $272K | $176 | — | View 990 |
| 2020 | $168K | $170K | $392K | $399K | — | View 990 |
| 2019 | $335K | $342K | $407K | $412K | — | View 990 |
| 2018 | $435K | $498K | $427K | $425K | — | View 990 |
| 2017 | $513K | $571K | $483K | $418K | — | View 990 |
| 2016 | $497K | $567K | $511K | $388K | — | View 990 |
| 2015 | $524K | $575K | $502K | $309K | — | View 990 |
| 2014 | $572K | $595K | $565K | $320K | — | View 990 |
| 2013 | $585K | $528K | $559K | $291K | — | View 990 |
| 2012 | $534K | $531K | $525K | $314K | — | View 990 |
| 2011 | $528K | $570K | $537K | $329K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $431K, expenses of $414K, and assets of $640K (revenue -26.8% year-over-year).
- 2023: Revenue of $588K, expenses of $302K, and assets of $585K (revenue +160.6% year-over-year).
- 2022: Revenue of $226K, expenses of $250K, and assets of $248K (revenue -53.4% year-over-year).
- 2021: Revenue of $484K, expenses of $205K, and assets of $272K (revenue +187.7% year-over-year).
- 2020: Revenue of $168K, expenses of $170K, and assets of $392K (revenue -49.7% year-over-year).
- 2019: Revenue of $335K, expenses of $342K, and assets of $407K (revenue -23.1% year-over-year).
- 2018: Revenue of $435K, expenses of $498K, and assets of $427K (revenue -15.1% year-over-year).
- 2017: Revenue of $513K, expenses of $571K, and assets of $483K (revenue +3.4% year-over-year).
- 2016: Revenue of $497K, expenses of $567K, and assets of $511K (revenue -5.2% year-over-year).
- 2015: Revenue of $524K, expenses of $575K, and assets of $502K (revenue -8.5% year-over-year).
- 2014: Revenue of $572K, expenses of $595K, and assets of $565K (revenue -2.1% year-over-year).
- 2013: Revenue of $585K, expenses of $528K, and assets of $559K (revenue +9.4% year-over-year).
- 2012: Revenue of $534K, expenses of $531K, and assets of $525K (revenue +1.3% year-over-year).
- 2011: Revenue of $528K, expenses of $570K, and assets of $537K.
Data Sources and Methodology
This transparency report for Academy Of Performing Arts Incorporated 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.