Arthur K Watson Charitable Tr Uw
Arthur K Watson Charitable Trust consistently spends more than it earns, drawing down its endowment.
EIN: 132989468 · Chicago, IL · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $1.1M |
| Program Spending | 90% |
| Net Assets | $10.1M |
| Transparency Score | 75/100 |
Is Arthur K Watson Charitable Tr Uw Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Arthur K Watson Charitable Tr Uw directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Arthur K Watson Charitable Tr Uw
Arthur K Watson Charitable Tr Uw (EIN: 132989468) is a nonprofit organization based in Chicago, IL. The organization reported total revenue of $2.6M and total assets of $8.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Arthur K Watson Charitable Tr Uw's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Arthur K Watson Charitable Tr Uw is a mid-size nonprofit that has been operating for 47 years, with 9 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $698K |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-434,096 |
| Total Assets | $10.1M |
| Total Liabilities | $1 |
| Net Assets | $10.1M |
| Operating Margin | -62.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 107.2 months |
Financial Health Grade: B
In 2023, Arthur K Watson Charitable Tr Uw reported a deficit of $434K with expenses exceeding revenue, holds 107.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2012–2023), Arthur K Watson Charitable Tr Uw's revenue has grown at a compound annual growth rate (CAGR) of 0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -18.1% | -15.6% | -4.1% |
| 2022 | -1.0% | +6.2% | -4.4% |
| 2021 | +21.3% | -6.7% | -3.5% |
| 2020 | -15.2% | +19.9% | -14.7% |
| 2016 | -8.0% | +13.7% | -2.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1979 |
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 Arthur K Watson Charitable Tr Uw with a Mission Score of 75 out of 100 (Good). 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, Arthur K Watson Charitable Tr Uw 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $434K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the trust, which is highly favorable for financial efficiency.
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 Arthur K Watson Charitable Tr Uw's IRS 990 filings:
- Consistent operating deficits (expenses exceeding revenue)
- Declining asset base over the past decade
Strengths
The following positive indicators were identified for Arthur K Watson Charitable Tr Uw:
- Zero officer compensation reported
- Minimal liabilities reported
- Substantial asset base for grantmaking
Frequently Asked Questions about Arthur K Watson Charitable Tr Uw
Is Arthur K Watson Charitable Tr Uw a legitimate charity?
Arthur K Watson Charitable Tr Uw (EIN: 132989468) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 75/100. It has 9 years of IRS 990 filings on record. Total revenue: $2.6M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Arthur K Watson Charitable Tr Uw spend its money?
Arthur K Watson Charitable Tr Uw directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Arthur K Watson Charitable Tr Uw tax-deductible?
Arthur K Watson Charitable Tr Uw is registered as a tax-exempt nonprofit (EIN: 132989468). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Arthur K Watson Charitable Tr Uw located?
Arthur K Watson Charitable Tr Uw is headquartered in Chicago, Illinois and files with the IRS under EIN 132989468.
How many years of IRS 990 filings does Arthur K Watson Charitable Tr Uw have?
Arthur K Watson Charitable Tr Uw has 9 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 $2.6M in total revenue.
Is Arthur K Watson Charitable Tr Uw a good charity?
As a charitable trust, it appears to be fulfilling its purpose by distributing funds, though it consistently spends more than its annual revenue. Its financial health is stable due to a large asset base, but this base is diminishing over time. The lack of officer compensation is a strong positive.
Why are the assets declining?
The assets are declining because the trust's annual expenses consistently exceed its annual revenue. For example, in 202305, revenue was $697,928 while expenses were $1,132,024, leading to a deficit covered by drawing down assets.
What is the primary function of this organization?
Based on the available data, the organization functions as a grant-making entity, distributing funds as indicated by its consistent expenses, which are not offset by equivalent revenue, suggesting philanthropic disbursements from its endowment.
Filing History
IRS 990 filing history for Arthur K Watson Charitable Tr Uw showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2023), Arthur K Watson Charitable Tr Uw's revenue has grown by 6.3%, moving from $657K to $698K. Total assets decreased by 28.1% over the same period, from $14.1M to $10.1M. Total functional expenses rose by 60%, from $707K to $1.1M. In its most recent filing year (2023), Arthur K Watson Charitable Tr Uw reported a deficit of $434K, with expenses exceeding revenue. The organization holds $1 in liabilities against $10.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $10.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $698K | $1.1M | $10.1M | $1 | — | View 990 |
| 2022 | $852K | $1.3M | $10.5M | $1 | — | View 990 |
| 2021 | $860K | $1.3M | $11.0M | $1 | — | View 990 |
| 2020 | $709K | $1.4M | $11.4M | $1 | — | View 990 |
| 2016 | $837K | $1.1M | $13.4M | $0 | — | View 990 |
| 2015 | $910K | $993K | $13.7M | $0 | — | View 990 |
| 2014 | $1.2M | $1.0M | $13.8M | $0 | — | View 990 |
| 2013 | $593K | $1.1M | $13.5M | $0 | — | View 990 |
| 2012 | $657K | $707K | $14.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $698K, expenses of $1.1M, and assets of $10.1M (revenue -18.1% year-over-year).
- 2022: Revenue of $852K, expenses of $1.3M, and assets of $10.5M (revenue -1.0% year-over-year).
- 2021: Revenue of $860K, expenses of $1.3M, and assets of $11.0M (revenue +21.3% year-over-year).
- 2020: Revenue of $709K, expenses of $1.4M, and assets of $11.4M (revenue -15.2% year-over-year).
- 2016: Revenue of $837K, expenses of $1.1M, and assets of $13.4M (revenue -8.0% year-over-year).
- 2015: Revenue of $910K, expenses of $993K, and assets of $13.7M (revenue -25.3% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.0M, and assets of $13.8M (revenue +105.5% year-over-year).
- 2013: Revenue of $593K, expenses of $1.1M, and assets of $13.5M (revenue -9.8% year-over-year).
- 2012: Revenue of $657K, expenses of $707K, and assets of $14.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Arthur K Watson Charitable Tr Uw:
Data Sources and Methodology
This transparency report for Arthur K Watson Charitable Tr Uw 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.