American Federation Of Arts Inc
American Federation Of Arts maintains strong asset base despite fluctuating revenues and periodic operational deficits.
EIN: 131669334 · New York, NY · NTEE: A030 · Updated: 2026-03-28
Is American Federation Of Arts Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American Federation Of Arts Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American Federation Of Arts Inc
American Federation Of Arts Inc (EIN: 131669334) is a nonprofit organization based in New York, NY, classified under NTEE code A030. The organization reported total revenue of $5.4M and total assets of $18.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Federation Of Arts Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Federation Of Arts Inc is a mid-size nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.8M |
| Total Expenses | $3.5M |
| Surplus / Deficit | $-696,308 |
| Total Assets | $19.2M |
| Total Liabilities | $8.3M |
| Net Assets | $10.9M |
| Operating Margin | -24.8% |
| Debt-to-Asset Ratio | 43.2% |
| Months of Reserves | 65.9 months |
Financial Health Grade: B
In 2023, American Federation Of Arts Inc reported a deficit of $696K with expenses exceeding revenue, holds 65.9 months of operating reserves (strong position), has a debt-to-asset ratio of 43.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), American Federation Of Arts Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.7% | +10.4% | +11.1% |
| 2022 | -34.7% | +10.9% | -8.5% |
| 2021 | +52.1% | -9.7% | +12.6% |
| 2020 | -25.6% | +4.1% | +4.6% |
| 2019 | +61.2% | +7.2% | +3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 American Federation Of Arts Inc with a Mission Score of 75 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, American Federation Of Arts Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $696K, with expenses exceeding revenue.
- Debt-to-asset ratio: 43.2%.
Executive Compensation Analysis
No officer compensation is reported across all available IRS 990 filings, which is unusual for an organization of this size with assets exceeding $18 million, suggesting executive pay might be reported under different categories or is exceptionally low/non-existent.
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 American Federation Of Arts Inc's IRS 990 filings:
- Consistent operational deficits in multiple years (e.g., 202306, 202206, 202006) where expenses exceed revenue.
- No reported officer compensation across all filings, which warrants further investigation for transparency.
Strengths
The following positive indicators were identified for American Federation Of Arts Inc:
- Strong and consistently growing asset base, reaching $19,235,834 in 202306, providing long-term financial stability.
- Ability to maintain and grow assets despite periodic operational deficits, indicating effective long-term financial management.
- Long history of IRS 990 filings (13 filings), suggesting consistent compliance and transparency in reporting.
Frequently Asked Questions about American Federation Of Arts Inc
Is American Federation Of Arts Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, American Federation Of Arts Inc (EIN: 131669334) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does American Federation Of Arts Inc spend its money?
American Federation Of Arts Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to American Federation Of Arts Inc tax-deductible?
American Federation Of Arts Inc is registered as a tax-exempt nonprofit (EIN: 131669334). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does the American Federation Of Arts cover its operational deficits in years where expenses exceed revenue?
The organization likely draws from its substantial asset base, which has consistently grown over time, or relies on investment income not fully captured in annual revenue figures to cover operational shortfalls, as seen in periods like 202306 where expenses were $3,504,593 against revenues of $2,808,285.
Why is no officer compensation reported in any of the available IRS 990 filings?
This could indicate that executive compensation is reported under a different category within the 990 form, that the organization has a unique volunteer-based leadership structure, or that compensation is exceptionally low and falls below reporting thresholds for this specific field.
What is the primary source of the organization's consistent asset growth?
While not explicitly detailed in the provided data, the consistent growth in assets from $16,448,788 in 201406 to $19,235,834 in 202306, despite fluctuating revenues, suggests significant contributions, endowments, or investment returns are contributing to its long-term financial stability.
Filing History
IRS 990 filing history for American Federation Of Arts Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), American Federation Of Arts Inc's revenue has grown by 52.5%, moving from $1.8M to $2.8M. Total assets increased by 29% over the same period, from $14.9M to $19.2M. Total functional expenses rose by 73.2%, from $2.0M to $3.5M. In its most recent filing year (2023), American Federation Of Arts Inc reported a deficit of $696K, with expenses exceeding revenue. The organization holds $8.3M in liabilities against $19.2M in assets (debt-to-asset ratio: 43.2%), resulting in net assets of $10.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.8M | $3.5M | $19.2M | $8.3M | — | — |
| 2022 | $2.6M | $3.2M | $17.3M | $6.3M | — | View 990 |
| 2021 | $4.0M | $2.9M | $18.9M | $5.3M | — | — |
| 2020 | $2.6M | $3.2M | $16.8M | $5.1M | — | View 990 |
| 2019 | $3.6M | $3.0M | $16.1M | $3.7M | — | View 990 |
| 2018 | $2.2M | $2.8M | $15.6M | $2.9M | — | View 990 |
| 2017 | $2.4M | $2.5M | $14.9M | $1.7M | — | View 990 |
| 2016 | $1.8M | $2.7M | $14.7M | $1.9M | — | View 990 |
| 2015 | $3.9M | $3.0M | $17.1M | $3.1M | — | View 990 |
| 2014 | $2.2M | $2.6M | $16.4M | $2.1M | — | View 990 |
| 2013 | $1.6M | $2.2M | $16.0M | $2.3M | — | View 990 |
| 2012 | $1.2M | $1.9M | $15.1M | $1.6M | — | View 990 |
| 2011 | $1.8M | $2.0M | $14.9M | $415K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.8M, expenses of $3.5M, and assets of $19.2M (revenue +6.7% year-over-year).
- 2022: Revenue of $2.6M, expenses of $3.2M, and assets of $17.3M (revenue -34.7% year-over-year).
- 2021: Revenue of $4.0M, expenses of $2.9M, and assets of $18.9M (revenue +52.1% year-over-year).
- 2020: Revenue of $2.6M, expenses of $3.2M, and assets of $16.8M (revenue -25.6% year-over-year).
- 2019: Revenue of $3.6M, expenses of $3.0M, and assets of $16.1M (revenue +61.2% year-over-year).
- 2018: Revenue of $2.2M, expenses of $2.8M, and assets of $15.6M (revenue -8.6% year-over-year).
- 2017: Revenue of $2.4M, expenses of $2.5M, and assets of $14.9M (revenue +31.7% year-over-year).
- 2016: Revenue of $1.8M, expenses of $2.7M, and assets of $14.7M (revenue -52.7% year-over-year).
- 2015: Revenue of $3.9M, expenses of $3.0M, and assets of $17.1M (revenue +76.2% year-over-year).
- 2014: Revenue of $2.2M, expenses of $2.6M, and assets of $16.4M (revenue +34.0% year-over-year).
- 2013: Revenue of $1.6M, expenses of $2.2M, and assets of $16.0M (revenue +41.8% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.9M, and assets of $15.1M (revenue -37.1% year-over-year).
- 2011: Revenue of $1.8M, expenses of $2.0M, and assets of $14.9M.
Data Sources and Methodology
This transparency report for American Federation Of Arts 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.