Art Bridge Association Inc
Art Bridge Association Inc reports minimal financial activity and assets over multiple years.
EIN: 133929084 · Bath, ME · NTEE: A20Z · Updated: 2026-03-28
Is Art Bridge Association Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Art Bridge Association Inc directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Art Bridge Association Inc
Art Bridge Association Inc (EIN: 133929084) is a nonprofit organization based in Bath, ME, classified under NTEE code A20Z. The organization reported total revenue of $2K and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Art Bridge Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Art Bridge Association Inc with a Mission Score of 40 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Art Bridge Association Inc allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% 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 that its leadership is likely volunteer-based and receives no salary from the organization, which is appropriate given its minimal financial scale.
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 Bridge Association Inc's IRS 990 filings:
- Consistently minimal financial activity ($1 revenue/expenses for multiple years) suggesting dormancy or very limited operations.
- Reported negative assets ($-1,800 in 202212) which is an unusual and concerning financial indicator.
- Lack of detailed financial information beyond basic revenue/expense figures due to minimal activity, making in-depth analysis difficult.
Strengths
The following positive indicators were identified for Art Bridge Association Inc:
- Zero officer compensation reported, indicating a volunteer-led structure and efficient use of limited funds for administrative overhead.
- Consistent filing of IRS 990 forms, demonstrating compliance with reporting requirements despite minimal activity.
Frequently Asked Questions about Art Bridge Association Inc
Is Art Bridge Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Art Bridge Association Inc (EIN: 133929084) significant concerns. Mission Score: 40/100. 3 red flags identified, 2 strengths noted.
How does Art Bridge Association Inc spend its money?
Art Bridge Association Inc directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Art Bridge Association Inc tax-deductible?
Art Bridge Association Inc is registered as a tax-exempt nonprofit (EIN: 133929084). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Art Bridge Association Inc actively operating?
Based on the filings, the organization's financial activity has been extremely low for many years, with most recent revenue and expenses at $1,800. This suggests very limited operations, if any, beyond basic compliance.
What are the primary programs of Art Bridge Association Inc?
The IRS 990 data provided does not offer details on specific programs. Given the minimal financial activity, any programs would likely be very small in scale.
Why did Art Bridge Association Inc report negative assets in 202212?
Reporting negative assets of $-1,800 in 202212 is unusual and could indicate an accounting error, significant liabilities exceeding assets, or a misinterpretation of financial reporting requirements for very small organizations. Without further detail, the exact reason is unclear.
Filing History
IRS 990 filing history for Art Bridge Association Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2023), Art Bridge Association Inc's revenue has grown by 57.9%, moving from $1K to $2K. Total assets decreased by 100% over the same period, from $5K to $1. Total functional expenses fell by 87.5%, from $14K to $2K. In its most recent filing year (2023), Art Bridge Association Inc reported a surplus of $0, with revenue exceeding expenses. The organization holds $1 in liabilities against $1 in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2K | $2K | $1 | $1 | — | — |
| 2022 | $1 | $2K | $-1,800 | $1 | — | — |
| 2021 | $1 | $0 | $1 | $1 | — | — |
| 2015 | $1 | $0 | $1 | $1 | — | View 990 |
| 2014 | $1 | $0 | $1 | $1 | — | View 990 |
| 2013 | $1 | $0 | $1 | $1 | — | View 990 |
| 2012 | $3K | $8K | $1 | $1 | — | View 990 |
| 2011 | $1K | $14K | $5K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2K, expenses of $2K, and assets of $1 (revenue +179900.0% year-over-year).
- 2022: Revenue of $1, expenses of $2K, and assets of $-1,800 (revenue +0.0% year-over-year).
- 2021: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2015: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2014: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2013: Revenue of $1, expenses of $0, and assets of $1 (revenue -100.0% year-over-year).
- 2012: Revenue of $3K, expenses of $8K, and assets of $1 (revenue +166.2% year-over-year).
- 2011: Revenue of $1K, expenses of $14K, and assets of $5K.
Data Sources and Methodology
This transparency report for Art Bridge Association 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.