Artillery Company Of Newport
Artillery Company of Newport: Consistent Mission, Variable Financials
EIN: 223058063 · Newport, RI · NTEE: A82Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $176K |
| Total Expenses | $39K |
| Program Spending | 75% |
| Net Assets | $166K |
| Transparency Score | 85/100 |
Is Artillery Company Of Newport Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Artillery Company Of Newport directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Artillery Company Of Newport
Artillery Company Of Newport (EIN: 223058063) is a nonprofit organization based in Newport, RI, classified under NTEE code A82Z. The organization reported total revenue of $176K and total assets of $142K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Artillery Company Of Newport's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Artillery Company Of Newport is a small nonprofit that has been operating for 59 years, with 6 years of IRS 990 filings on record (2011–2016).
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $22K |
| Total Expenses | $39K |
| Surplus / Deficit | $-16,115 |
| Total Assets | $166K |
| Net Assets | $166K |
| Operating Margin | -71.6% |
| Months of Reserves | 51.5 months |
Financial Health Grade: B
In 2016, Artillery Company Of Newport reported a deficit of $16K with expenses exceeding revenue, holds 51.5 months of operating reserves (strong position).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -16.9% | +115.0% | -25.5% |
| 2015 | -84.3% | -23.1% | +4.3% |
| 2014 | +592.0% | -13.8% | +232.6% |
| 2013 | +5.3% | -12.9% | -20.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1967 |
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 Artillery Company Of Newport 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: 75%
- fundraising: 10%
According to IRS 990 filings, Artillery Company Of Newport allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $16K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is not reported in the available filings, suggesting either volunteer leadership or compensation below reporting thresholds.
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 Artillery Company Of Newport's IRS 990 filings:
- Significant year-over-year fluctuations in revenue, from $0 in 2011 to $172,645 in 2014, indicate an inconsistent funding model.
- Lack of detailed program descriptions makes it difficult to assess direct impact of spending.
- Administrative and fundraising expenses are not separately itemized in the provided data, making a precise spending breakdown challenging.
Strengths
The following positive indicators were identified for Artillery Company Of Newport:
- Maintains a consistent presence and mission over many years, as evidenced by continuous filings.
- Zero reported liabilities across all years indicates strong financial solvency.
- Assets have been consistently maintained, ranging from $64,184 to $222,589, providing a stable base.
Frequently Asked Questions about Artillery Company Of Newport
Is Artillery Company Of Newport a legitimate charity?
Based on AI analysis of IRS 990 filings, Artillery Company Of Newport (EIN: 223058063) some concerns. Mission Score: 85/100. 3 red flags identified, 3 strengths noted.
How does Artillery Company Of Newport spend its money?
Artillery Company Of Newport directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Artillery Company Of Newport tax-deductible?
Artillery Company Of Newport is registered as a tax-exempt nonprofit (EIN: 223058063). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Artillery Company Of Newport's spending goes to programs?
Artillery Company Of Newport directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Artillery Company Of Newport compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Artillery Company Of Newport is above average for NTEE category A82Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Artillery Company Of Newport located?
Artillery Company Of Newport is headquartered in Newport, Rhode Island and files with the IRS under EIN 223058063. It is classified under NTEE code A82Z.
How many years of IRS 990 filings does Artillery Company Of Newport have?
Artillery Company Of Newport has 6 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 $176K in total revenue.
What does Artillery Company Of Newport do?
Artillery Company Of Newport is a nonprofit organization in the Arts, Culture & Humanities sector, located in Newport, Rhode Island. It is classified under NTEE code A82Z.
How much revenue does Artillery Company Of Newport have?
Artillery Company Of Newport reported total revenue of $176,291. Based on 6 IRS 990 filings on record.
What are Artillery Company Of Newport's total assets?
Artillery Company Of Newport holds total assets of $142,128 as reported in IRS 990 filings.
Where is Artillery Company Of Newport located?
Artillery Company Of Newport is based in Newport, Rhode Island.
What is Artillery Company Of Newport's EIN?
Artillery Company Of Newport's Employer Identification Number (EIN) is 223058063. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Artillery Company Of Newport?
Artillery Company Of Newport is classified under NTEE code A82Z (Arts, Culture & Humanities).
Is Artillery Company Of Newport a registered 501(c)(3)?
Yes, Artillery Company Of Newport is recognized as a tax-exempt organization by the IRS. EIN: 223058063.
Does Artillery Company Of Newport file IRS Form 990?
Yes, Artillery Company Of Newport has 6 IRS Form 990 filings on record. The most recent covers tax period 201612.
What was Artillery Company Of Newport's revenue in 2016?
In the 201612 filing period, Artillery Company Of Newport reported total revenue of $22,499, total expenses of $38,614, and net assets of $165,848.
Is Artillery Company Of Newport's revenue growing or declining?
Artillery Company Of Newport's revenue is declining. Revenue went from $27,070 (201512) to $22,499 (201612), a -16.9% change. Based on 6 filings on record.
What is Artillery Company Of Newport's most recent 990 filing?
The most recent IRS Form 990 filing for Artillery Company Of Newport covers tax period 201612. It shows revenue of $22,499, expenses of $38,614, total assets of $165,848, and liabilities of N/A.
How much does Artillery Company Of Newport spend on programs vs administration?
Based on IRS 990 analysis, Artillery Company Of Newport allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Artillery Company Of Newport a trustworthy charity?
Based on AI analysis of IRS 990 data, Artillery Company Of Newport appears trustworthy. Mission Score: 85/100 (Excellent). 3 red flags identified. 3 strengths noted.
What are the red flags for Artillery Company Of Newport?
The following concerns were identified: Significant year-over-year fluctuations in revenue, from $0 in 2011 to $172,645 in 2014, indicate an inconsistent funding model.. Lack of detailed program descriptions makes it difficult to assess direct impact of spending.. Administrative and fundraising expenses are not separately itemized in the provided data, making a precise spending breakdown challenging.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Artillery Company Of Newport's strengths?
Positive indicators for Artillery Company Of Newport include: Maintains a consistent presence and mission over many years, as evidenced by continuous filings.. Zero reported liabilities across all years indicates strong financial solvency.. Assets have been consistently maintained, ranging from $64,184 to $222,589, providing a stable base.. These findings are derived from AI analysis of the organization's financial filings.
How does Artillery Company Of Newport compensate executives?
Executive compensation is not reported in the available filings, suggesting either volunteer leadership or compensation below reporting thresholds. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the 'Artillery Company' name, what are the primary activities or programs that constitute their mission, and how are they funded?
The provided data does not detail specific programs. The name suggests historical preservation or ceremonial activities, but without program descriptions, it's unclear how the reported expenses (e.g., $38,614 in 2016) directly contribute to their mission beyond general operational costs.
What caused the dramatic revenue spike to $172,645 in 2014, and how was this revenue utilized compared to other years?
The data does not specify the source of the 2014 revenue spike. While expenses also increased to $23,354 in 2014, the majority of the revenue appears to have contributed to an increase in assets, which rose from $64,184 in 2013 to $213,475 in 2014.
Filing History
IRS 990 filing history for Artillery Company Of Newport showing financial trends over 6 years of public records:
Total assets increased by 93.2% over the same period, from $86K to $166K. Total functional expenses rose by 1141.6%, from $3K to $39K. In its most recent filing year (2016), Artillery Company Of Newport reported a deficit of $16K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $22K | $39K | $166K | $0 | — | — |
| 2015 | $27K | $18K | $223K | $0 | — | View 990 |
| 2014 | $173K | $23K | $213K | $0 | — | View 990 |
| 2013 | $25K | $27K | $64K | $0 | — | View 990 |
| 2012 | $24K | $31K | $80K | $0 | — | View 990 |
| 2011 | $0 | $3K | $86K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $22K, expenses of $39K, and assets of $166K (revenue -16.9% year-over-year).
- 2015: Revenue of $27K, expenses of $18K, and assets of $223K (revenue -84.3% year-over-year).
- 2014: Revenue of $173K, expenses of $23K, and assets of $213K (revenue +592.0% year-over-year).
- 2013: Revenue of $25K, expenses of $27K, and assets of $64K (revenue +5.3% year-over-year).
- 2012: Revenue of $24K, expenses of $31K, and assets of $80K.
- 2011: Revenue of $0, expenses of $3K, and assets of $86K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Artillery Company Of Newport:
Data Sources and Methodology
This transparency report for Artillery Company Of Newport 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.