Art Association York

Art Association York maintains stable finances with volunteer leadership and growing assets.

EIN: 16026916 · York, ME · Updated: 2026-03-28

$324KRevenue

$734KAssets

85/100Mission Score (Excellent)

About Art Association York

Art Association York (EIN: 16026916) is a nonprofit organization based in York, ME. The organization reported total revenue of $324K and total assets of $734K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Art Association York's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Art Association York demonstrates consistent financial stability, operating with revenues generally exceeding or closely matching expenses over the past decade. For instance, in 2024, the organization reported revenues of $44,862 against expenses of $44,629, indicating sound fiscal management. While the organization's assets have fluctuated, they have shown a general upward trend, reaching $733,749 in the latest period, suggesting a healthy balance sheet. The absence of reported officer compensation across all available filings indicates a volunteer-driven leadership, which is a strong positive for donor confidence and efficient use of funds. However, without detailed expense breakdowns (program, administrative, fundraising) from the provided data, a precise assessment of spending efficiency is limited. The organization's consistent filing history reflects good transparency regarding its financial operations.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Art Association York 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: 10%
programs: 90%
fundraising: 0%

According to IRS 990 filings, Art Association York 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

The Art Association York reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based. This is highly commendable for a nonprofit of its size, as it ensures that all revenue can be directed towards its mission and operational costs.

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 Association York:

Consistent financial stability with revenues generally matching or exceeding expenses.
Zero officer compensation, indicating a volunteer-driven leadership and efficient use of funds.
Healthy and growing asset base, reaching $733,749 in the latest period.
Low liabilities relative to assets, demonstrating sound financial management.
Consistent IRS 990 filing history, indicating good transparency.

Frequently Asked Questions about Art Association York

Is Art Association York a good charity?

Based on the available data, Art Association York appears to be a well-managed charity. It consistently operates within its means, has a healthy asset base, and notably, all officer compensation is reported as 0%, meaning its leadership is volunteer. This suggests a strong commitment to its mission and efficient use of funds.

How has Art Association York's financial health changed over time?

Art Association York has shown consistent financial stability. While annual revenues and expenses fluctuate, they generally remain balanced. Assets have grown significantly from around $400,000 in earlier periods to $733,749 in the latest period, indicating long-term financial health and growth.

What is the organization's approach to executive compensation?

The organization's approach to executive compensation is to have none. All available IRS 990 filings indicate 0% officer compensation, meaning its leadership serves on a volunteer basis, which is a significant positive for donor trust and resource allocation.

How does Art Association York manage its liabilities?

Art Association York generally maintains low liabilities relative to its assets. For example, in 2024, liabilities were $5,347 against assets of $428,942. This indicates prudent financial management and a low risk profile.

Filing History

IRS 990 filing history for Art Association York showing financial trends over 15 years of public records:

Over 15 years of IRS 990 filings (2010–2024), Art Association York's revenue has declined by 14.1%, moving from $52K to $45K. Total assets decreased by 2.6% over the same period, from $440K to $429K. Total functional expenses rose by 37.1%, from $33K to $45K. In its most recent filing year (2024), Art Association York reported a surplus of $233, with revenue exceeding expenses. The organization holds $5K in liabilities against $429K in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $424K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$45K	$45K	$429K	$5K	—	—
2023	$32K	$33K	$393K	$6K	—	—
2022	$36K	$35K	$375K	$23K	—	View 990
2021	$33K	$28K	$432K	$24K	—	—
2020	$25K	$41K	$391K	$25K	—	View 990
2019	$56K	$60K	$404K	$9K	—	View 990
2018	$80K	$80K	$425K	$5K	—	View 990
2017	$70K	$59K	$458K	$10K	—	View 990
2016	$49K	$39K	$437K	$6K	—	View 990
2015	$45K	$39K	$444K	$4K	—	View 990
2014	$16K	$26K	$424K	$3K	—	View 990
2013	$35K	$42K	$423K	$753	—	View 990
2012	$52K	$50K	$401K	$1K	—	View 990
2011	$20K	$47K	$404K	$2K	—	View 990
2010	$52K	$33K	$440K	$875	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $45K, expenses of $45K, and assets of $429K (revenue +41.8% year-over-year).
2023: Revenue of $32K, expenses of $33K, and assets of $393K (revenue -12.2% year-over-year).
2022: Revenue of $36K, expenses of $35K, and assets of $375K (revenue +8.1% year-over-year).
2021: Revenue of $33K, expenses of $28K, and assets of $432K (revenue +35.1% year-over-year).
2020: Revenue of $25K, expenses of $41K, and assets of $391K (revenue -55.9% year-over-year).
2019: Revenue of $56K, expenses of $60K, and assets of $404K (revenue -30.4% year-over-year).
2018: Revenue of $80K, expenses of $80K, and assets of $425K (revenue +14.6% year-over-year).
2017: Revenue of $70K, expenses of $59K, and assets of $458K (revenue +42.3% year-over-year).
2016: Revenue of $49K, expenses of $39K, and assets of $437K (revenue +9.7% year-over-year).
2015: Revenue of $45K, expenses of $39K, and assets of $444K (revenue +183.0% year-over-year).
2014: Revenue of $16K, expenses of $26K, and assets of $424K (revenue -54.7% year-over-year).
2013: Revenue of $35K, expenses of $42K, and assets of $423K (revenue -32.2% year-over-year).
2012: Revenue of $52K, expenses of $50K, and assets of $401K (revenue +162.0% year-over-year).
2011: Revenue of $20K, expenses of $47K, and assets of $404K (revenue -62.2% year-over-year).
2010: Revenue of $52K, expenses of $33K, and assets of $440K.

Data Sources and Methodology

This transparency report for Art Association York 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.