Amplify Arts
Amplify Arts consistently operates with low liabilities but has seen expenses outpace revenue in recent years, drawing down assets.
EIN: 200033902 · Omaha, NE · NTEE: B90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $424K |
| Total Expenses | $323K |
| Program Spending | 80% |
| Net Assets | $58K |
| Transparency Score | 85/100 |
Is Amplify Arts Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Amplify Arts directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Amplify Arts
Amplify Arts (EIN: 200033902) is a nonprofit organization based in Omaha, NE, classified under NTEE code B90. The organization reported total revenue of $424K and total assets of $123K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Amplify Arts's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Amplify Arts is a small 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 6.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $205K |
| Total Expenses | $323K |
| Surplus / Deficit | $-118,127 |
| Total Assets | $62K |
| Total Liabilities | $5K |
| Net Assets | $58K |
| Operating Margin | -57.6% |
| Debt-to-Asset Ratio | 7.5% |
| Months of Reserves | 2.3 months |
Financial Health Grade: C
In 2023, Amplify Arts reported a deficit of $118K with expenses exceeding revenue, holds 2.3 months of operating reserves (limited), has a debt-to-asset ratio of 7.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Amplify Arts's revenue has grown at a compound annual growth rate (CAGR) of 6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.3% | +21.6% | -66.1% |
| 2022 | -24.4% | -17.8% | -8.9% |
| 2021 | -35.6% | -11.2% | +1.3% |
| 2020 | +89.2% | +19.1% | +178.7% |
| 2019 | -11.5% | +13.0% | -27.1% |
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 Amplify Arts with a Mission Score of 85 out of 100 (Excellent). 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: 80%
- fundraising: 5%
According to IRS 990 filings, Amplify Arts allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $118K, with expenses exceeding revenue.
- Debt-to-asset ratio: 7.5%.
Executive Compensation Analysis
Amplify Arts consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly commendable for an organization of its size.
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 Amplify Arts's IRS 990 filings:
- Expenses consistently exceeding revenue in recent years (e.g., 2023: $323,177 expenses vs. $205,050 revenue)
- Declining asset base from $201,149 in 2021 to $62,209 in 2023, suggesting reliance on reserves.
Strengths
The following positive indicators were identified for Amplify Arts:
- Consistent reporting of 0% officer compensation, indicating strong commitment to mission spending.
- Very low liabilities across all reported periods, demonstrating good financial management and minimal debt.
- Long history of IRS 990 filings (13 filings), indicating good transparency and compliance.
- Significant revenue growth over the long term, from $118,484 in 2014 to a peak of $503,676 in 2020.
Frequently Asked Questions about Amplify Arts
Is Amplify Arts a legitimate charity?
Based on AI analysis of IRS 990 filings, Amplify Arts (EIN: 200033902) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Amplify Arts spend its money?
Amplify Arts directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Amplify Arts tax-deductible?
Amplify Arts is registered as a tax-exempt nonprofit (EIN: 200033902). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Amplify Arts's spending goes to programs?
Amplify Arts directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Amplify Arts compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Amplify Arts is above average for NTEE category B90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Amplify Arts located?
Amplify Arts is headquartered in Omaha, Nebraska and files with the IRS under EIN 200033902. It is classified under NTEE code B90.
How many years of IRS 990 filings does Amplify Arts have?
Amplify Arts has 13 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 $424K in total revenue.
Is Amplify Arts financially sustainable given recent revenue shortfalls?
While Amplify Arts has experienced expenses exceeding revenue in 2023 ($323,177 vs. $205,050) and 2022 ($265,862 vs. $245,088), its low liabilities and historical asset base suggest it has been able to cover these shortfalls. However, continued deficits could impact long-term sustainability if not addressed through increased revenue or expense management.
How does Amplify Arts manage to operate without officer compensation?
The consistent reporting of 0% officer compensation suggests that executive leadership may be volunteer-based, compensated through other means not classified as officer compensation, or that the organization's structure minimizes traditional executive salaries, allowing more funds to be directed to programs.
What is the trend in Amplify Arts' asset base?
Amplify Arts' assets have fluctuated, peaking at $201,149 in 2021, but have since declined to $62,209 in 2023. This decline coincides with periods where expenses exceeded revenue, indicating a draw-down on reserves to cover operational costs.
Filing History
IRS 990 filing history for Amplify Arts showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Amplify Arts's revenue has grown by 106.5%, moving from $99K to $205K. Total assets increased by 440.4% over the same period, from $12K to $62K. Total functional expenses rose by 253.1%, from $92K to $323K. In its most recent filing year (2023), Amplify Arts reported a deficit of $118K, with expenses exceeding revenue. The organization holds $5K in liabilities against $62K in assets (debt-to-asset ratio: 7.5%), resulting in net assets of $58K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $205K | $323K | $62K | $5K | — | View 990 |
| 2022 | $245K | $266K | $183K | $8K | — | — |
| 2021 | $324K | $323K | $201K | $5K | — | View 990 |
| 2020 | $504K | $364K | $199K | $3K | — | View 990 |
| 2019 | $266K | $306K | $71K | $16K | — | View 990 |
| 2018 | $301K | $270K | $98K | $3K | — | — |
| 2017 | $176K | $189K | $69K | $5K | — | View 990 |
| 2016 | $144K | $169K | $27K | $4K | — | View 990 |
| 2015 | $182K | $161K | $43K | $4K | — | View 990 |
| 2014 | $118K | $105K | $19K | $1K | — | View 990 |
| 2013 | $101K | $120K | $9K | $5K | — | View 990 |
| 2012 | $177K | $165K | $24K | $772 | — | View 990 |
| 2011 | $99K | $92K | $12K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $205K, expenses of $323K, and assets of $62K (revenue -16.3% year-over-year).
- 2022: Revenue of $245K, expenses of $266K, and assets of $183K (revenue -24.4% year-over-year).
- 2021: Revenue of $324K, expenses of $323K, and assets of $201K (revenue -35.6% year-over-year).
- 2020: Revenue of $504K, expenses of $364K, and assets of $199K (revenue +89.2% year-over-year).
- 2019: Revenue of $266K, expenses of $306K, and assets of $71K (revenue -11.5% year-over-year).
- 2018: Revenue of $301K, expenses of $270K, and assets of $98K (revenue +70.7% year-over-year).
- 2017: Revenue of $176K, expenses of $189K, and assets of $69K (revenue +22.2% year-over-year).
- 2016: Revenue of $144K, expenses of $169K, and assets of $27K (revenue -20.9% year-over-year).
- 2015: Revenue of $182K, expenses of $161K, and assets of $43K (revenue +54.0% year-over-year).
- 2014: Revenue of $118K, expenses of $105K, and assets of $19K (revenue +17.6% year-over-year).
- 2013: Revenue of $101K, expenses of $120K, and assets of $9K (revenue -43.0% year-over-year).
- 2012: Revenue of $177K, expenses of $165K, and assets of $24K (revenue +77.9% year-over-year).
- 2011: Revenue of $99K, expenses of $92K, and assets of $12K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Amplify Arts:
Data Sources and Methodology
This transparency report for Amplify Arts 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.