Art In The Loop Foundation
Art In The Loop Foundation maintains stable finances with no executive compensation.
EIN: 202468361 · Kansas City, MO · NTEE: A40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $131K |
| Total Expenses | $75K |
| Program Spending | 85% |
| Net Assets | $123K |
| Transparency Score | 90/100 |
Is Art In The Loop Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Art In The Loop Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Art In The Loop Foundation
Art In The Loop Foundation (EIN: 202468361) is a nonprofit organization based in Kansas City, MO, classified under NTEE code A40. The organization reported total revenue of $131K and total assets of $177K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Art In The Loop Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Art In The Loop Foundation is a small 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 16.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $72K |
| Total Expenses | $75K |
| Surplus / Deficit | $-2,475 |
| Total Assets | $123K |
| Net Assets | $123K |
| Operating Margin | -3.4% |
| Months of Reserves | 19.8 months |
Financial Health Grade: B
In 2023, Art In The Loop Foundation reported a deficit of $2K with expenses exceeding revenue, holds 19.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Art In The Loop Foundation's revenue has grown at a compound annual growth rate (CAGR) of 16.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.3% | +20.2% | -4.3% |
| 2022 | +14.5% | -3.8% | +6.3% |
| 2021 | -10.4% | -18.9% | -5.1% |
| 2020 | -46.2% | -31.8% | -8.5% |
| 2019 | +24.9% | +59.5% | +3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 In The Loop Foundation 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Art In The Loop Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 deficit of $2K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation has been reported as 0% across all available filings, indicating that the organization's leadership is either volunteer-based or compensated through other means not reported as officer compensation, which is highly favorable for a nonprofit of this 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.
Red Flags
The following concerns were identified during AI analysis of Art In The Loop Foundation's IRS 990 filings:
- No detailed functional expense breakdown available to precisely verify program spending ratio.
Strengths
The following positive indicators were identified for Art In The Loop Foundation:
- Consistent positive net assets over a decade, indicating financial stability.
- Zero reported officer compensation across all filings, suggesting high efficiency and volunteer leadership.
- Minimal to zero liabilities reported in most periods, reflecting strong financial management.
- Consistent filing of IRS Form 990s over 13 periods, demonstrating transparency.
- Healthy asset base relative to annual expenses, providing a buffer for operations.
Frequently Asked Questions about Art In The Loop Foundation
Is Art In The Loop Foundation a legitimate charity?
Art In The Loop Foundation (EIN: 202468361) is a registered tax-exempt nonprofit based in Missouri. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $131K. 1 red flag identified. 5 strengths noted. Financial health grade: B.
How does Art In The Loop Foundation spend its money?
Art In The Loop Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Art In The Loop Foundation tax-deductible?
Art In The Loop Foundation is registered as a tax-exempt nonprofit (EIN: 202468361). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Art In The Loop Foundation's spending goes to programs?
Art In The Loop Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Art In The Loop Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Art In The Loop Foundation is above average for NTEE category A40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Art In The Loop Foundation located?
Art In The Loop Foundation is headquartered in Kansas City, Missouri and files with the IRS under EIN 202468361. It is classified under NTEE code A40.
How many years of IRS 990 filings does Art In The Loop Foundation have?
Art In The Loop Foundation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $131K in total revenue.
Is Art In The Loop Foundation a good charity?
Based on the available financial data, Art In The Loop Foundation appears to be a good charity. It demonstrates financial stability, very low liabilities, and a strong commitment to directing resources to its mission by reporting 0% officer compensation across all filings.
How has the organization's revenue trended over the past few years?
The organization's revenue has fluctuated but remained relatively stable over the past few years, ranging from $58,238 in 2021 to $72,205 in 2023, with a peak of $120,893 in 2019. This indicates a consistent ability to attract funding.
What is the organization's asset-to-expense ratio?
In 2023, the organization had assets of $123,052 against expenses of $74,680, resulting in an asset-to-expense ratio of approximately 1.65. This suggests it holds sufficient reserves to cover over a year and a half of operating expenses, indicating good financial health.
Filing History
IRS 990 filing history for Art In The Loop Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Art In The Loop Foundation's revenue has grown by 499.8%, moving from $12K to $72K. Total assets increased by 521.5% over the same period, from $20K to $123K. Total functional expenses rose by 105.7%, from $36K to $75K. In its most recent filing year (2023), Art In The Loop Foundation reported a deficit of $2K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $72K | $75K | $123K | $0 | — | View 990 |
| 2022 | $67K | $62K | $129K | $0 | — | View 990 |
| 2021 | $58K | $65K | $121K | $0 | — | View 990 |
| 2020 | $65K | $80K | $127K | $94 | — | View 990 |
| 2019 | $121K | $117K | $139K | $63 | — | View 990 |
| 2018 | $97K | $73K | $135K | $0 | — | View 990 |
| 2017 | $82K | $79K | $111K | $0 | — | View 990 |
| 2016 | $100K | $94K | $108K | $0 | — | View 990 |
| 2015 | $46K | $46K | $102K | $0 | — | View 990 |
| 2014 | $62K | $59K | $102K | $0 | — | View 990 |
| 2013 | $118K | $39K | $99K | $0 | — | View 990 |
| 2012 | $43K | $43K | $20K | $0 | — | View 990 |
| 2011 | $12K | $36K | $20K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $72K, expenses of $75K, and assets of $123K (revenue +8.3% year-over-year).
- 2022: Revenue of $67K, expenses of $62K, and assets of $129K (revenue +14.5% year-over-year).
- 2021: Revenue of $58K, expenses of $65K, and assets of $121K (revenue -10.4% year-over-year).
- 2020: Revenue of $65K, expenses of $80K, and assets of $127K (revenue -46.2% year-over-year).
- 2019: Revenue of $121K, expenses of $117K, and assets of $139K (revenue +24.9% year-over-year).
- 2018: Revenue of $97K, expenses of $73K, and assets of $135K (revenue +17.7% year-over-year).
- 2017: Revenue of $82K, expenses of $79K, and assets of $111K (revenue -18.1% year-over-year).
- 2016: Revenue of $100K, expenses of $94K, and assets of $108K (revenue +117.8% year-over-year).
- 2015: Revenue of $46K, expenses of $46K, and assets of $102K (revenue -26.1% year-over-year).
- 2014: Revenue of $62K, expenses of $59K, and assets of $102K (revenue -47.0% year-over-year).
- 2013: Revenue of $118K, expenses of $39K, and assets of $99K (revenue +173.9% year-over-year).
- 2012: Revenue of $43K, expenses of $43K, and assets of $20K (revenue +257.2% year-over-year).
- 2011: Revenue of $12K, expenses of $36K, and assets of $20K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Art In The Loop Foundation:
Data Sources and Methodology
This transparency report for Art In The Loop Foundation 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.