Artists For World Peace Inc
EIN: 571184659 · Middletown, CT · NTEE: A20
| Metric | Value |
|---|---|
| Total Revenue | $437K |
| Total Expenses | $484K |
| Net Assets | $159K |
Is Artists For World Peace Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Artists For World Peace Inc
Artists For World Peace Inc (EIN: 571184659) is a nonprofit organization based in Middletown, CT, classified under NTEE code A20. The organization reported total revenue of $437K and total assets of $227K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Artists For World Peace Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Artists For World Peace Inc is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $456K |
| Total Expenses | $484K |
| Surplus / Deficit | $-28,185 |
| Total Assets | $159K |
| Net Assets | $159K |
| Operating Margin | -6.2% |
| Months of Reserves | 4.0 months |
Financial Health Grade: B
In 2023, Artists For World Peace Inc reported a deficit of $28K with expenses exceeding revenue, holds 4.0 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Artists For World Peace Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -40.8% | -35.3% | -15.3% |
| 2022 | +10.3% | +2.7% | -4.8% |
| 2021 | +225.5% | +273.2% | -22.0% |
| 2020 | -67.1% | -70.9% | +19.3% |
| 2019 | -33.2% | -27.4% | -4.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Artists For World Peace Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Artists For World Peace Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $28K, with expenses exceeding revenue.
Frequently Asked Questions about Artists For World Peace Inc
Is Artists For World Peace Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Artists For World Peace Inc (EIN: 571184659) insufficient data. 0 red flags identified, 0 strengths noted.
How does Artists For World Peace Inc spend its money?
Detailed spending breakdown data is not yet available for Artists For World Peace Inc. Check back for updated IRS 990 analysis.
Are donations to Artists For World Peace Inc tax-deductible?
Artists For World Peace Inc is registered as a tax-exempt nonprofit (EIN: 571184659). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Artists For World Peace Inc located?
Artists For World Peace Inc is headquartered in Middletown, Connecticut and files with the IRS under EIN 571184659. It is classified under NTEE code A20.
How many years of IRS 990 filings does Artists For World Peace Inc have?
Artists For World Peace 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 $437K in total revenue.
Filing History
IRS 990 filing history for Artists For World Peace Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Artists For World Peace Inc's revenue has grown by 219%, moving from $143K to $456K. Total assets increased by 73.6% over the same period, from $92K to $159K. Total functional expenses rose by 238.9%, from $143K to $484K. In its most recent filing year (2023), Artists For World Peace Inc reported a deficit of $28K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $456K | $484K | $159K | $0 | — | — |
| 2022 | $771K | $748K | $188K | $607 | — | View 990 |
| 2021 | $699K | $728K | $198K | $872 | — | View 990 |
| 2020 | $215K | $195K | $254K | $27K | — | — |
| 2019 | $652K | $671K | $213K | $13K | — | View 990 |
| 2018 | $976K | $925K | $222K | $4K | — | View 990 |
| 2017 | $251K | $311K | $179K | $12K | — | View 990 |
| 2016 | $885K | $803K | $225K | $0 | — | View 990 |
| 2015 | $355K | $372K | $140K | $0 | — | View 990 |
| 2014 | $606K | $521K | $158K | $0 | — | View 990 |
| 2013 | $201K | $214K | $74K | $0 | — | View 990 |
| 2012 | $100K | $106K | $86K | $0 | — | View 990 |
| 2011 | $143K | $143K | $92K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $456K, expenses of $484K, and assets of $159K (revenue -40.8% year-over-year).
- 2022: Revenue of $771K, expenses of $748K, and assets of $188K (revenue +10.3% year-over-year).
- 2021: Revenue of $699K, expenses of $728K, and assets of $198K (revenue +225.5% year-over-year).
- 2020: Revenue of $215K, expenses of $195K, and assets of $254K (revenue -67.1% year-over-year).
- 2019: Revenue of $652K, expenses of $671K, and assets of $213K (revenue -33.2% year-over-year).
- 2018: Revenue of $976K, expenses of $925K, and assets of $222K (revenue +288.8% year-over-year).
- 2017: Revenue of $251K, expenses of $311K, and assets of $179K (revenue -71.6% year-over-year).
- 2016: Revenue of $885K, expenses of $803K, and assets of $225K (revenue +149.6% year-over-year).
- 2015: Revenue of $355K, expenses of $372K, and assets of $140K (revenue -41.5% year-over-year).
- 2014: Revenue of $606K, expenses of $521K, and assets of $158K (revenue +201.7% year-over-year).
- 2013: Revenue of $201K, expenses of $214K, and assets of $74K (revenue +99.9% year-over-year).
- 2012: Revenue of $100K, expenses of $106K, and assets of $86K (revenue -29.7% year-over-year).
- 2011: Revenue of $143K, expenses of $143K, and assets of $92K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Artists For World Peace Inc:
Data Sources and Methodology
This transparency report for Artists For World Peace 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.