Art And Creative Materials Institute Inc

Art And Creative Materials Institute Inc consistently grows assets with no reported officer compensation.

EIN: 136115214 · Hingham, MA · Updated: 2026-03-28

$3.9MRevenue

$7.4MAssets

90/100Mission Score (Excellent)

About Art And Creative Materials Institute Inc

Art And Creative Materials Institute Inc (EIN: 136115214) is a nonprofit organization based in Hingham, MA. The organization reported total revenue of $3.9M and total assets of $7.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Art And Creative Materials Institute Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Art And Creative Materials Institute Inc (ACMI) demonstrates consistent financial growth and strong asset accumulation over the past decade. In the latest filing (202312), the organization reported revenues of $1,791,756 against expenses of $1,137,460, resulting in a significant surplus. This trend of revenue exceeding expenses is consistent across all reported periods, leading to a steady increase in assets from $2,016,266 in 2014 to $6,829,417 in 2023. The organization's liabilities remain very low relative to its assets, indicating a healthy balance sheet.

ACMI's spending efficiency appears robust, with expenses consistently well below revenues. The absence of reported officer compensation across all filings suggests a volunteer-led or very lean executive structure, which can contribute to higher program efficiency. While a detailed breakdown of program, administrative, and fundraising expenses is not provided in the summary data, the overall financial health and consistent surpluses point to effective management of resources. The consistent filing of IRS 990s over 14 periods indicates good transparency practices.

Overall, ACMI appears to be a financially sound organization with a strong track record of growth and responsible financial management. The consistent surpluses and asset growth, coupled with no reported officer compensation, suggest a highly efficient operation. Further analysis of the detailed 990 forms would be beneficial to fully understand the allocation of expenses between programs, administration, and fundraising, but the available data paints a positive picture.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Art And Creative Materials Institute Inc with a Mission Score of 90 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, Art And Creative Materials Institute Inc 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.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating either a fully volunteer-led executive team or that executive salaries are not categorized as officer compensation, which is highly unusual for an organization of this size and asset base.

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 Art And Creative Materials Institute Inc's IRS 990 filings:

Lack of detailed expense breakdown (program, admin, fundraising) in summary data
Unusual 0% officer compensation for an organization with growing assets, potentially indicating compensation reported elsewhere or a unique operational model.

Strengths

The following positive indicators were identified for Art And Creative Materials Institute Inc:

Consistent revenue growth over the past decade, from $1,172,151 in 2014 to $1,791,756 in 2023.
Strong asset accumulation, growing from $2,016,266 in 2014 to $6,829,417 in 2023.
Healthy financial surpluses year over year, with revenues consistently exceeding expenses.
Very low liabilities relative to assets, indicating strong financial stability.
Consistent IRS 990 filing history, demonstrating transparency.

Frequently Asked Questions about Art And Creative Materials Institute Inc

How does Art And Creative Materials Institute Inc manage to operate without reported officer compensation?

The IRS 990 data consistently shows 0% officer compensation. This could mean the organization is entirely volunteer-run at the executive level, or that executive compensation is reported under a different category, which would warrant further investigation of the full 990 forms.

What are the primary sources of Art And Creative Materials Institute Inc's revenue?

While the summary data provides total revenue, it does not detail the specific sources (e.g., membership fees, grants, product sales). Given the nature of the organization, it likely involves membership dues, certification fees, or related services.

What specific programs does Art And Creative Materials Institute Inc operate?

The provided financial summary does not detail specific programs. To understand the impact and nature of their work, one would need to consult their website or the program service accomplishments section of their full IRS 990 filings.

Filing History

IRS 990 filing history for Art And Creative Materials Institute Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2010–2023), Art And Creative Materials Institute Inc's revenue has grown by 79.6%, moving from $998K to $1.8M. Total assets increased by 362.6% over the same period, from $1.5M to $6.8M. Total functional expenses rose by 1.4%, from $1.1M to $1.1M. In its most recent filing year (2023), Art And Creative Materials Institute Inc reported a surplus of $654K, with revenue exceeding expenses. The organization holds $77K in liabilities against $6.8M in assets (debt-to-asset ratio: 1.1%), resulting in net assets of $6.8M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.8M	$1.1M	$6.8M	$77K	—	—
2022	$1.7M	$1.1M	$6.1M	$65K	—	View 990
2021	$1.6M	$974K	$5.7M	$22K	—	View 990
2020	$1.6M	$940K	$5.1M	$46K	—	—
2019	$1.6M	$960K	$4.4M	$90K	—	—
2018	$1.6M	$991K	$3.7M	$51K	—	View 990
2017	$1.5M	$910K	$3.0M	$39K	—	View 990
2016	$1.2M	$916K	$2.5M	$83K	—	View 990
2015	$1.2M	$1.0M	$2.2M	$63K	—	View 990
2014	$1.2M	$946K	$2.0M	$63K	—	View 990
2013	$1.2M	$1.2M	$1.8M	$70K	—	View 990
2012	$939K	$920K	$1.7M	$51K	—	View 990
2011	$1.1M	$888K	$1.7M	$78K	—	View 990
2010	$998K	$1.1M	$1.5M	$240K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.8M, expenses of $1.1M, and assets of $6.8M (revenue +8.3% year-over-year).
2022: Revenue of $1.7M, expenses of $1.1M, and assets of $6.1M (revenue +2.6% year-over-year).
2021: Revenue of $1.6M, expenses of $974K, and assets of $5.7M (revenue -0.8% year-over-year).
2020: Revenue of $1.6M, expenses of $940K, and assets of $5.1M (revenue -0.1% year-over-year).
2019: Revenue of $1.6M, expenses of $960K, and assets of $4.4M (revenue -0.9% year-over-year).
2018: Revenue of $1.6M, expenses of $991K, and assets of $3.7M (revenue +9.5% year-over-year).
2017: Revenue of $1.5M, expenses of $910K, and assets of $3.0M (revenue +27.2% year-over-year).
2016: Revenue of $1.2M, expenses of $916K, and assets of $2.5M (revenue -2.0% year-over-year).
2015: Revenue of $1.2M, expenses of $1.0M, and assets of $2.2M (revenue +2.6% year-over-year).
2014: Revenue of $1.2M, expenses of $946K, and assets of $2.0M (revenue -4.9% year-over-year).
2013: Revenue of $1.2M, expenses of $1.2M, and assets of $1.8M (revenue +31.3% year-over-year).
2012: Revenue of $939K, expenses of $920K, and assets of $1.7M (revenue -16.4% year-over-year).
2011: Revenue of $1.1M, expenses of $888K, and assets of $1.7M (revenue +12.5% year-over-year).
2010: Revenue of $998K, expenses of $1.1M, and assets of $1.5M.

Data Sources and Methodology

This transparency report for Art And Creative Materials Institute 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.