Adamant Community Arts Center Inc
Adamant Community Arts Center Inc reports minimal financial activity with single-digit revenues and low expenses over four years.
EIN: 208233497 · Adamant, VT · NTEE: A20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $238 |
| Program Spending | 100% |
| Net Assets | $3K |
| Transparency Score | 70/100 |
Is Adamant Community Arts Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Adamant Community Arts Center Inc directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Adamant Community Arts Center Inc
Adamant Community Arts Center Inc (EIN: 208233497) is a nonprofit organization based in Adamant, VT, classified under NTEE code A20. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Adamant Community Arts Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Adamant Community Arts Center Inc is a micro nonprofit that has been operating for 11 years, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of -24.6%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $3 |
| Total Expenses | $238 |
| Surplus / Deficit | $-235 |
| Total Assets | $3K |
| Net Assets | $3K |
| Operating Margin | -7833.3% |
| Months of Reserves | 167.6 months |
Financial Health Grade: B
In 2014, Adamant Community Arts Center Inc reported a deficit of $235 with expenses exceeding revenue, holds 167.6 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2011–2014), Adamant Community Arts Center Inc's revenue has declined at a compound annual growth rate (CAGR) of -24.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | +0.0% | — | -6.6% |
| 2013 | -25.0% | -100.0% | +0.1% |
| 2012 | -42.9% | -50.0% | -2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
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 Adamant Community Arts Center Inc 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: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Adamant Community Arts Center Inc allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $235, with expenses exceeding revenue.
Executive Compensation Analysis
No officer compensation has been reported across all four filings, which is appropriate given the organization's extremely low revenue and expense levels.
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 Adamant Community Arts Center Inc's IRS 990 filings:
- Extremely low revenue ($0-$7 annually) raises questions about active programming or impact.
- NTEE code A20 (Arts, Culture, Humanities) suggests a mission that typically requires more funding than reported.
Strengths
The following positive indicators were identified for Adamant Community Arts Center Inc:
- Consistent filing of IRS 990-N postcards demonstrates basic transparency and compliance.
- No reported liabilities indicates financial stability at its current scale.
- Zero officer compensation reported, appropriate for an organization with minimal financial activity.
Frequently Asked Questions about Adamant Community Arts Center Inc
Is Adamant Community Arts Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Adamant Community Arts Center Inc (EIN: 208233497) some concerns. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
How does Adamant Community Arts Center Inc spend its money?
Adamant Community Arts Center Inc directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Adamant Community Arts Center Inc tax-deductible?
Adamant Community Arts Center Inc is registered as a tax-exempt nonprofit (EIN: 208233497). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Adamant Community Arts Center Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Adamant Community Arts Center Inc is above average for NTEE category A20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Adamant Community Arts Center Inc located?
Adamant Community Arts Center Inc is headquartered in Adamant, Vermont and files with the IRS under EIN 208233497. It is classified under NTEE code A20.
How many years of IRS 990 filings does Adamant Community Arts Center Inc have?
Adamant Community Arts Center Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
What is the current operational status of the Adamant Community Arts Center Inc given its minimal financial activity?
The IRS 990 data indicates extremely low revenue and expenses, suggesting either a very limited operational scope, a volunteer-run model with no paid staff, or a period of inactivity. Further inquiry into their current activities would be needed.
How does the organization sustain its assets with such low revenue?
With assets consistently around $3,300-$3,600 and minimal expenses, the organization appears to be maintaining its existing capital without significant new revenue. The assets may represent a small endowment or property.
Filing History
IRS 990 filing history for Adamant Community Arts Center Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Adamant Community Arts Center Inc's revenue has declined by 57.1%, moving from $7 to $3. Total assets decreased by 8.4% over the same period, from $4K to $3K. Total functional expenses rose by 58.7%, from $150 to $238. In its most recent filing year (2014), Adamant Community Arts Center Inc reported a deficit of $235, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $3 | $238 | $3K | $0 | — | View 990 |
| 2013 | $3 | $0 | $4K | $0 | — | View 990 |
| 2012 | $4 | $75 | $4K | $0 | — | View 990 |
| 2011 | $7 | $150 | $4K | $0 | — | — |
Year-by-Year Financial Summary
- 2014: Revenue of $3, expenses of $238, and assets of $3K (revenue +0.0% year-over-year).
- 2013: Revenue of $3, expenses of $0, and assets of $4K (revenue -25.0% year-over-year).
- 2012: Revenue of $4, expenses of $75, and assets of $4K (revenue -42.9% year-over-year).
- 2011: Revenue of $7, expenses of $150, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Adamant Community Arts Center Inc:
Data Sources and Methodology
This transparency report for Adamant Community Arts Center Inc 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.