Art Play Inc
Art Play Inc. maintains stable operations with consistent revenue and no reported officer compensation.
EIN: 10374483 · Portland, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $124K |
| Total Expenses | $128K |
| Program Spending | 80% |
| Net Assets | $33K |
| Transparency Score | 85/100 |
Is Art Play Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Art Play Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Art Play Inc
Art Play Inc (EIN: 10374483) is a nonprofit organization based in Portland, ME. The organization reported total revenue of $124K and total assets of $47K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Art Play Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Art Play Inc is a small nonprofit that has been operating for 44 years, with 13 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 0.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $114K |
| Total Expenses | $128K |
| Surplus / Deficit | $-14,353 |
| Total Assets | $50K |
| Total Liabilities | $17K |
| Net Assets | $33K |
| Operating Margin | -12.6% |
| Debt-to-Asset Ratio | 34.7% |
| Months of Reserves | 4.7 months |
Financial Health Grade: B
In 2024, Art Play Inc reported a deficit of $14K with expenses exceeding revenue, holds 4.7 months of operating reserves (adequate), has a debt-to-asset ratio of 34.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2024), Art Play Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -9.4% | +0.1% | -12.5% |
| 2023 | -13.6% | -5.8% | -4.9% |
| 2022 | +56.2% | +52.7% | +33.6% |
| 2020 | -9.6% | -4.1% | +67.1% |
| 2019 | +38.7% | +26.5% | +64.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1982 |
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 Play Inc 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Art Play 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.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $14K, with expenses exceeding revenue.
- Debt-to-asset ratio: 34.7%.
Executive Compensation Analysis
Art Play Inc. consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either volunteer-based or compensated below IRS reporting thresholds, which is highly favorable for an organization of its size and budget.
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 Play Inc's IRS 990 filings:
- Occasional operating deficits, such as in 202405 where expenses ($128,186) exceeded revenue ($113,833), could indicate tight financial management.
Strengths
The following positive indicators were identified for Art Play Inc:
- Consistent IRS 990 filing history over 13 periods demonstrates strong transparency.
- No reported officer compensation across all filings, suggesting efficient use of funds for mission-related activities.
- Stable revenue generation, consistently around $100,000 to $145,000 annually.
- Positive trend in asset growth, from $16,351 in 201805 to $49,881 in 202405.
Frequently Asked Questions about Art Play Inc
Is Art Play Inc a legitimate charity?
Art Play Inc (EIN: 10374483) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $124K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Art Play Inc spend its money?
Art Play Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Art Play Inc tax-deductible?
Art Play Inc is registered as a tax-exempt nonprofit (EIN: 10374483). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Art Play Inc's spending goes to programs?
Art Play Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Art Play Inc located?
Art Play Inc is headquartered in Portland, Maine and files with the IRS under EIN 10374483.
How many years of IRS 990 filings does Art Play Inc have?
Art Play Inc 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 $124K in total revenue.
Is Art Play Inc. a good charity?
Based on the available IRS 990 data, Art Play Inc. appears to be a well-managed small charity. It consistently files its financial reports, shows stable revenue, and has no reported officer compensation, which suggests a high dedication of resources to its mission.
How has Art Play Inc.'s financial health changed over time?
Art Play Inc. has maintained a relatively stable financial position over the past decade. While revenues and expenses fluctuate, they generally remain within a consistent range, and assets have shown a positive trend, growing from $16,351 in 201805 to $49,881 in 202405.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, indicating that executive leadership is either entirely volunteer-based or compensated at levels that do not require reporting on the 990 form, which is a strong positive for resource allocation.
Filing History
IRS 990 filing history for Art Play Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2024), Art Play Inc's revenue has grown by 5%, moving from $108K to $114K. Total assets increased by 41.7% over the same period, from $35K to $50K. Total functional expenses rose by 21.2%, from $106K to $128K. In its most recent filing year (2024), Art Play Inc reported a deficit of $14K, with expenses exceeding revenue. The organization holds $17K in liabilities against $50K in assets (debt-to-asset ratio: 34.7%), resulting in net assets of $33K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $114K | $128K | $50K | $17K | — | — |
| 2023 | $126K | $128K | $57K | $10K | — | View 990 |
| 2022 | $145K | $136K | $60K | $11K | — | View 990 |
| 2020 | $93K | $89K | $45K | $16K | — | View 990 |
| 2019 | $103K | $93K | $27K | $2K | — | View 990 |
| 2018 | $74K | $73K | $16K | $2K | — | View 990 |
| 2017 | $88K | $94K | $16K | $3K | — | View 990 |
| 2016 | $92K | $94K | $21K | $662 | — | View 990 |
| 2015 | $101K | $93K | $25K | $3K | — | View 990 |
| 2014 | $78K | $86K | $17K | $3K | — | View 990 |
| 2013 | $86K | $94K | $25K | $3K | — | View 990 |
| 2012 | $111K | $114K | $36K | $6K | — | View 990 |
| 2011 | $108K | $106K | $35K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $114K, expenses of $128K, and assets of $50K (revenue -9.4% year-over-year).
- 2023: Revenue of $126K, expenses of $128K, and assets of $57K (revenue -13.6% year-over-year).
- 2022: Revenue of $145K, expenses of $136K, and assets of $60K (revenue +56.2% year-over-year).
- 2020: Revenue of $93K, expenses of $89K, and assets of $45K (revenue -9.6% year-over-year).
- 2019: Revenue of $103K, expenses of $93K, and assets of $27K (revenue +38.7% year-over-year).
- 2018: Revenue of $74K, expenses of $73K, and assets of $16K (revenue -15.3% year-over-year).
- 2017: Revenue of $88K, expenses of $94K, and assets of $16K (revenue -4.5% year-over-year).
- 2016: Revenue of $92K, expenses of $94K, and assets of $21K (revenue -9.4% year-over-year).
- 2015: Revenue of $101K, expenses of $93K, and assets of $25K (revenue +29.1% year-over-year).
- 2014: Revenue of $78K, expenses of $86K, and assets of $17K (revenue -9.1% year-over-year).
- 2013: Revenue of $86K, expenses of $94K, and assets of $25K (revenue -22.6% year-over-year).
- 2012: Revenue of $111K, expenses of $114K, and assets of $36K (revenue +2.8% year-over-year).
- 2011: Revenue of $108K, expenses of $106K, and assets of $35K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Art Play Inc:
Data Sources and Methodology
This transparency report for Art Play 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.