Aim Art In Motion
EIN: 721612867 · Chicago, IL · NTEE: O50
| Metric | Value |
|---|---|
| Total Revenue | $11.8M |
| Total Expenses | $9.2M |
| Net Assets | $1.4M |
Is Aim Art In Motion Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Aim Art In Motion
Aim Art In Motion (EIN: 721612867) is a nonprofit organization based in Chicago, IL, classified under NTEE code O50. The organization reported total revenue of $11.8M and total assets of $43.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aim Art In Motion's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Aim Art In Motion is a large nonprofit that has been operating for 14 years, with 6 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 42.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.5M |
| Total Expenses | $9.2M |
| Surplus / Deficit | +$262K |
| Total Assets | $42.4M |
| Total Liabilities | $41.1M |
| Net Assets | $1.4M |
| Operating Margin | 2.8% |
| Debt-to-Asset Ratio | 96.8% |
| Months of Reserves | 55.4 months |
Financial Health Grade: A
In 2023, Aim Art In Motion reported a surplus of $262K with revenue exceeding expenses, holds 55.4 months of operating reserves (strong position), has a debt-to-asset ratio of 96.8% (high leverage).
Financial Trends
Over 6 years of filings (2013–2023), Aim Art In Motion's revenue has grown at a compound annual growth rate (CAGR) of 42.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +50.3% | +53.2% | -9.4% |
| 2022 | +23.7% | +41.9% | +2156.5% |
| 2021 | +264.9% | +142.0% | +86.8% |
| 2020 | -23.2% | -16.7% | +30.2% |
| 2019 | +571.0% | +775.1% | +1203.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Aim Art In Motion 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 Aim Art In Motion 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $262K, with revenue exceeding expenses.
- Debt-to-asset ratio: 96.8%.
Frequently Asked Questions about Aim Art In Motion
Is Aim Art In Motion a legitimate charity?
Aim Art In Motion (EIN: 721612867) is a registered tax-exempt nonprofit based in Illinois. It has 6 years of IRS 990 filings on record. Total revenue: $11.8M. No red flags identified. Financial health grade: A.
How does Aim Art In Motion spend its money?
Aim Art In Motion reported $11.8M in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Aim Art In Motion tax-deductible?
Aim Art In Motion is registered as a tax-exempt nonprofit (EIN: 721612867). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Aim Art In Motion located?
Aim Art In Motion is headquartered in Chicago, Illinois and files with the IRS under EIN 721612867. It is classified under NTEE code O50.
How many years of IRS 990 filings does Aim Art In Motion have?
Aim Art In Motion has 6 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 $11.8M in total revenue.
Filing History
IRS 990 filing history for Aim Art In Motion showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2013–2023), Aim Art In Motion's revenue has grown by 3393.4%, moving from $271K to $9.5M. Total assets increased by 64678.6% over the same period, from $66K to $42.4M. Total functional expenses rose by 3736.3%, from $240K to $9.2M. In its most recent filing year (2023), Aim Art In Motion reported a surplus of $262K, with revenue exceeding expenses. The organization holds $41.1M in liabilities against $42.4M in assets (debt-to-asset ratio: 96.8%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.5M | $9.2M | $42.4M | $41.1M | — | View 990 |
| 2022 | $6.3M | $6.0M | $46.8M | $45.8M | — | View 990 |
| 2021 | $5.1M | $4.2M | $2.1M | $1.3M | — | — |
| 2020 | $1.4M | $1.7M | $1.1M | $1.2M | — | View 990 |
| 2019 | $1.8M | $2.1M | $854K | $810K | — | View 990 |
| 2013 | $271K | $240K | $66K | $29K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.5M, expenses of $9.2M, and assets of $42.4M (revenue +50.3% year-over-year).
- 2022: Revenue of $6.3M, expenses of $6.0M, and assets of $46.8M (revenue +23.7% year-over-year).
- 2021: Revenue of $5.1M, expenses of $4.2M, and assets of $2.1M (revenue +264.9% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.7M, and assets of $1.1M (revenue -23.2% year-over-year).
- 2019: Revenue of $1.8M, expenses of $2.1M, and assets of $854K (revenue +571.0% year-over-year).
- 2013: Revenue of $271K, expenses of $240K, and assets of $66K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Aim Art In Motion:
Data Sources and Methodology
This transparency report for Aim Art In Motion 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.