Andres Institute Of Art

Andres Institute Of Art faces recent deficit and high liabilities despite historical lean operations and no executive compensation.

EIN: 20500673 · Brookline, NH · NTEE: B60 · Updated: 2026-03-28

$296KRevenue

$553KAssets

75/100Mission Score (Good)

B60

About Andres Institute Of Art

Andres Institute Of Art (EIN: 20500673) is a nonprofit organization based in Brookline, NH, classified under NTEE code B60. The organization reported total revenue of $296K and total assets of $553K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Andres Institute Of Art's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Andres Institute Of Art demonstrates a consistent commitment to its mission, as evidenced by its historical financial data. While the organization experienced a deficit in its latest filing period (202312) with expenses of $118,168 exceeding revenue of $63,901, this appears to be an anomaly in recent years, as prior periods often show revenue exceeding expenses. The organization's assets have fluctuated, reaching a high of $539,367 in 202212 before decreasing to $461,933 in 202312, while liabilities have seen a significant increase to $497,400 in 202312, surpassing its assets. This recent increase in liabilities warrants closer examination.

The institute's spending efficiency is generally strong, with no reported officer compensation across all available filings, suggesting that resources are directed towards programmatic activities rather than executive salaries. However, the recent financial period's deficit and the high liabilities relative to assets are concerning and could impact long-term sustainability if not addressed. The consistent filing of IRS 990 forms over 13 periods indicates a commitment to transparency.

Overall, the Andres Institute Of Art appears to be a lean operation focused on its mission, but the latest financial period's significant liabilities and deficit require careful monitoring. Its historical financial management, particularly the absence of executive compensation, points to a strong program focus, but the recent financial shift needs to be understood in context.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Andres Institute Of Art 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: 10%
programs: 90%
fundraising: 0%

According to IRS 990 filings, Andres Institute Of Art allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly commendable for a nonprofit of this size and suggests a volunteer-driven leadership model.

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 Andres Institute Of Art's IRS 990 filings:

Liabilities ($497,400) exceeded assets ($461,933) in the latest filing (202312).
Significant deficit of $54,267 in the 202312 period (Expenses $118,168 vs. Revenue $63,901).

Strengths

The following positive indicators were identified for Andres Institute Of Art:

No officer compensation reported across all 13 filings, indicating efficient use of funds for mission.
Consistent filing of IRS 990 forms demonstrates strong transparency.
Historically lean operations with expenses often managed well relative to revenue in prior periods.
Long operational history with 13 filings, suggesting sustained commitment to its mission.

Frequently Asked Questions about Andres Institute Of Art

Why did liabilities increase significantly to $497,400 in 202312, exceeding assets?

The IRS 990 data shows a sharp rise in liabilities from $278,811 in 202212 to $497,400 in 202312. This substantial increase, which now surpasses the organization's assets of $461,933, requires further investigation to understand its nature and impact on financial stability.

What caused the deficit of $54,267 in the 202312 period?

In the 202312 period, the organization reported expenses of $118,168 against revenue of $63,901, resulting in a deficit. Understanding the specific expense categories that led to this deficit is crucial for assessing financial management.

How does the organization plan to address the current asset-to-liability imbalance?

With liabilities exceeding assets in the latest filing, the organization's plan to restore a healthy financial balance is a key question for its long-term viability.

Filing History

IRS 990 filing history for Andres Institute Of Art showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Andres Institute Of Art's revenue has declined by 1.2%, moving from $65K to $64K. Total assets increased by 1971.4% over the same period, from $22K to $462K. Total functional expenses rose by 205%, from $39K to $118K. In its most recent filing year (2023), Andres Institute Of Art reported a deficit of $54K, with expenses exceeding revenue. The organization holds $497K in liabilities against $462K in assets (debt-to-asset ratio: 107.7%), resulting in net assets of $-35,467.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$64K	$118K	$462K	$497K	—	View 990
2022	$165K	$90K	$539K	$279K	—	View 990
2021	$157K	$105K	$492K	$306K	—	View 990
2020	$126K	$94K	$465K	$332K	—	—
2019	$123K	$105K	$418K	$317K	—	View 990
2018	$108K	$42K	$427K	$343K	—	View 990
2017	$93K	$102K	$467K	$450K	—	View 990
2016	$99K	$108K	$476K	$450K	—	View 990
2015	$60K	$33K	$35K	$0	—	View 990
2014	$31K	$41K	$7K	$0	—	View 990
2013	$44K	$44K	$18K	$0	—	View 990
2012	$40K	$45K	$17K	$0	—	View 990
2011	$65K	$39K	$22K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $64K, expenses of $118K, and assets of $462K (revenue -61.2% year-over-year).
2022: Revenue of $165K, expenses of $90K, and assets of $539K (revenue +4.8% year-over-year).
2021: Revenue of $157K, expenses of $105K, and assets of $492K (revenue +24.8% year-over-year).
2020: Revenue of $126K, expenses of $94K, and assets of $465K (revenue +2.7% year-over-year).
2019: Revenue of $123K, expenses of $105K, and assets of $418K (revenue +13.1% year-over-year).
2018: Revenue of $108K, expenses of $42K, and assets of $427K (revenue +16.2% year-over-year).
2017: Revenue of $93K, expenses of $102K, and assets of $467K (revenue -6.0% year-over-year).
2016: Revenue of $99K, expenses of $108K, and assets of $476K (revenue +65.9% year-over-year).
2015: Revenue of $60K, expenses of $33K, and assets of $35K (revenue +92.5% year-over-year).
2014: Revenue of $31K, expenses of $41K, and assets of $7K (revenue -29.7% year-over-year).
2013: Revenue of $44K, expenses of $44K, and assets of $18K (revenue +11.8% year-over-year).
2012: Revenue of $40K, expenses of $45K, and assets of $17K (revenue -38.8% year-over-year).
2011: Revenue of $65K, expenses of $39K, and assets of $22K.

Data Sources and Methodology

This transparency report for Andres Institute Of Art 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.