Art And Remembrance Inc
Art And Remembrance Inc maintains stable finances with no executive compensation.
EIN: 200467888 · Washington, DC · NTEE: A20 · Updated: 2026-03-28
Is Art And Remembrance Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Art And Remembrance Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Art And Remembrance Inc
Art And Remembrance Inc (EIN: 200467888) is a nonprofit organization based in Washington, DC, classified under NTEE code A20. The organization reported total revenue of $32K and total assets of $121K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Art And Remembrance Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Art And Remembrance Inc is a micro nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $28K |
| Total Expenses | $26K |
| Surplus / Deficit | +$2K |
| Total Assets | $119K |
| Total Liabilities | $1K |
| Net Assets | $118K |
| Operating Margin | 7.9% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 55.5 months |
Financial Health Grade: A
In 2023, Art And Remembrance Inc reported a surplus of $2K with revenue exceeding expenses, holds 55.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Art And Remembrance Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +40.3% | +32.7% | +0.6% |
| 2022 | -27.3% | +10.8% | +1.0% |
| 2021 | +10.4% | -30.3% | +11.0% |
| 2020 | -50.5% | -41.1% | -1.3% |
| 2019 | -20.4% | +29.8% | +5.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
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 Art And Remembrance Inc with a Mission Score of 92 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Art And Remembrance Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 surplus of $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.9%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led organization or one with extremely low administrative overhead, which is highly commendable for a nonprofit 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.
Strengths
The following positive indicators were identified for Art And Remembrance Inc:
- Consistent 0% officer compensation across all filings, indicating high efficiency and dedication.
- Healthy and growing asset base relative to annual revenue (e.g., $120,981 assets vs. $31,696 latest revenue).
- Low and well-managed liabilities, demonstrating strong financial control.
- Long history of consistent IRS 990 filings (13 filings), indicating strong transparency.
- Expenses generally kept within or close to revenue, showing responsible financial management.
Frequently Asked Questions about Art And Remembrance Inc
Is Art And Remembrance Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Art And Remembrance Inc (EIN: 200467888) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Art And Remembrance Inc spend its money?
Art And Remembrance Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Art And Remembrance Inc tax-deductible?
Art And Remembrance Inc is registered as a tax-exempt nonprofit (EIN: 200467888). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Art And Remembrance Inc a good charity?
Based on its financial data, Art And Remembrance Inc appears to be a very good charity. It consistently reports 0% officer compensation, maintains a healthy asset-to-revenue ratio, and keeps liabilities low, indicating strong financial stewardship and a high dedication to its mission.
How does Art And Remembrance Inc manage its expenses?
Art And Remembrance Inc manages its expenses very efficiently. For example, in 2023, expenses were $25,720 against revenues of $27,915, showing careful spending. The consistent reporting of 0% officer compensation across all filings is a key factor in its low overhead.
What is the financial trend of Art And Remembrance Inc?
Art And Remembrance Inc shows a stable financial trend. While revenue fluctuates year-to-year (e.g., $62,877 in 2018 vs. $19,902 in 2022), assets have steadily grown from $46,984 in 2014 to $120,981 currently, indicating long-term financial health and growth.
Filing History
IRS 990 filing history for Art And Remembrance Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Art And Remembrance Inc's revenue has declined by 53.2%, moving from $60K to $28K. Total assets increased by 214.1% over the same period, from $38K to $119K. Total functional expenses fell by 76.6%, from $110K to $26K. In its most recent filing year (2023), Art And Remembrance Inc reported a surplus of $2K, with revenue exceeding expenses. The organization holds $1K in liabilities against $119K in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $118K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $28K | $26K | $119K | $1K | — | — |
| 2022 | $20K | $19K | $118K | $3K | — | View 990 |
| 2021 | $27K | $17K | $117K | $2K | — | — |
| 2020 | $25K | $25K | $105K | $229 | — | View 990 |
| 2019 | $50K | $43K | $107K | $1K | — | View 990 |
| 2018 | $63K | $33K | $102K | $4K | — | View 990 |
| 2017 | $52K | $27K | $75K | $8K | — | View 990 |
| 2016 | $55K | $68K | $56K | $14K | — | View 990 |
| 2015 | $66K | $48K | $59K | $3K | — | View 990 |
| 2014 | $47K | $48K | $47K | $10K | — | View 990 |
| 2013 | $78K | $66K | $55K | $17K | — | View 990 |
| 2012 | $52K | $50K | $35K | $10K | — | View 990 |
| 2011 | $60K | $110K | $38K | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $28K, expenses of $26K, and assets of $119K (revenue +40.3% year-over-year).
- 2022: Revenue of $20K, expenses of $19K, and assets of $118K (revenue -27.3% year-over-year).
- 2021: Revenue of $27K, expenses of $17K, and assets of $117K (revenue +10.4% year-over-year).
- 2020: Revenue of $25K, expenses of $25K, and assets of $105K (revenue -50.5% year-over-year).
- 2019: Revenue of $50K, expenses of $43K, and assets of $107K (revenue -20.4% year-over-year).
- 2018: Revenue of $63K, expenses of $33K, and assets of $102K (revenue +20.5% year-over-year).
- 2017: Revenue of $52K, expenses of $27K, and assets of $75K (revenue -4.6% year-over-year).
- 2016: Revenue of $55K, expenses of $68K, and assets of $56K (revenue -17.5% year-over-year).
- 2015: Revenue of $66K, expenses of $48K, and assets of $59K (revenue +42.4% year-over-year).
- 2014: Revenue of $47K, expenses of $48K, and assets of $47K (revenue -40.6% year-over-year).
- 2013: Revenue of $78K, expenses of $66K, and assets of $55K (revenue +51.2% year-over-year).
- 2012: Revenue of $52K, expenses of $50K, and assets of $35K (revenue -13.0% year-over-year).
- 2011: Revenue of $60K, expenses of $110K, and assets of $38K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Art And Remembrance Inc:
Data Sources and Methodology
This transparency report for Art And Remembrance 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.