Artomatic Inc
Artomatic Inc. shows highly volatile revenue and expenses over a decade, with no reported officer compensation.
EIN: 113749073 · Washington, DC · NTEE: A20 · Updated: 2026-03-28
Is Artomatic Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Artomatic Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Artomatic Inc
Artomatic Inc (EIN: 113749073) is a nonprofit organization based in Washington, DC, classified under NTEE code A20. The organization reported total revenue of $371K and total assets of $159K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Artomatic Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Artomatic Inc is a small nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2010–2019). Revenue has grown at a compound annual rate of -26.8%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $1K |
| Total Expenses | $27K |
| Surplus / Deficit | $-26,117 |
| Total Assets | $195K |
| Total Liabilities | $529 |
| Net Assets | $194K |
| Operating Margin | -2118.2% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 85.4 months |
Financial Health Grade: B
In 2019, Artomatic Inc reported a deficit of $26K with expenses exceeding revenue, holds 85.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 10 years of filings (2010–2019), Artomatic Inc's revenue has declined at a compound annual growth rate (CAGR) of -26.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -26.3% | +17.6% | -11.7% |
| 2018 | -99.3% | -88.1% | -8.8% |
| 2017 | +152.1% | +37.8% | +15.0% |
| 2016 | -40.2% | +4.6% | -20.3% |
| 2015 | +4636.6% | +427.2% | +6.8% |
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 Artomatic Inc with a Mission Score of 70 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Artomatic 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $26K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees received compensation from the organization, which is notable given its fluctuating revenue levels.
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 Artomatic Inc's IRS 990 filings:
- Highly inconsistent revenue streams, making financial planning difficult
- Significant deficits in multiple years (e.g., 2019: $1,233 revenue vs. $27,350 expenses)
- Declining asset base from a peak of $290,122 in 2012 to $158,586 currently
Strengths
The following positive indicators were identified for Artomatic Inc:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for leadership
- Generally low liabilities, suggesting fiscal conservatism regarding debt
- Ability to sustain operations despite revenue volatility, likely due to asset reserves
Frequently Asked Questions about Artomatic Inc
Is Artomatic Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Artomatic Inc (EIN: 113749073) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Artomatic Inc spend its money?
Artomatic Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Artomatic Inc tax-deductible?
Artomatic Inc is registered as a tax-exempt nonprofit (EIN: 113749073). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the significant fluctuations in Artomatic Inc.'s annual revenue and expenses?
The provided data does not specify the reasons for the extreme variations in revenue and expenses, such as the drop from $227,058 revenue in 2017 to $1,233 in 2019, or the surge to $371,434 in the latest period. This would require reviewing the full IRS 990 forms for detailed explanations of program activities and funding sources.
How does Artomatic Inc. sustain operations during years with very low revenue, such as 2019?
In years with very low revenue, like 2019 ($1,233 revenue vs. $27,350 expenses), the organization likely relies on accumulated assets or prior period surpluses to cover operational costs. The asset balance, though declining, has generally been sufficient to absorb these deficits.
What is the nature of Artomatic Inc.'s programs given its NTEE code A20 (Arts, Culture & Humanities)?
As an organization with NTEE code A20, Artomatic Inc. is involved in arts, culture, and humanities. Without further details from the 990 forms, it's difficult to pinpoint specific programs, but they typically involve promoting artistic expression, cultural events, or educational initiatives in these fields.
Filing History
IRS 990 filing history for Artomatic Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2010–2019), Artomatic Inc's revenue has declined by 94%, moving from $20K to $1K. Total assets increased by 18.7% over the same period, from $164K to $195K. Total functional expenses rose by 18.6%, from $23K to $27K. In its most recent filing year (2019), Artomatic Inc reported a deficit of $26K, with expenses exceeding revenue. The organization holds $529 in liabilities against $195K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $194K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $1K | $27K | $195K | $529 | — | View 990 |
| 2018 | $2K | $23K | $220K | $255 | — | View 990 |
| 2017 | $227K | $195K | $242K | $0 | — | — |
| 2016 | $90K | $142K | $210K | $0 | — | View 990 |
| 2015 | $151K | $136K | $264K | $2K | — | View 990 |
| 2014 | $3K | $26K | $247K | $0 | — | View 990 |
| 2013 | $25K | $46K | $269K | $0 | — | View 990 |
| 2012 | $317K | $192K | $290K | $0 | — | View 990 |
| 2011 | $26K | $25K | $165K | $0 | — | View 990 |
| 2010 | $20K | $23K | $164K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $1K, expenses of $27K, and assets of $195K (revenue -26.3% year-over-year).
- 2018: Revenue of $2K, expenses of $23K, and assets of $220K (revenue -99.3% year-over-year).
- 2017: Revenue of $227K, expenses of $195K, and assets of $242K (revenue +152.1% year-over-year).
- 2016: Revenue of $90K, expenses of $142K, and assets of $210K (revenue -40.2% year-over-year).
- 2015: Revenue of $151K, expenses of $136K, and assets of $264K (revenue +4636.6% year-over-year).
- 2014: Revenue of $3K, expenses of $26K, and assets of $247K (revenue -87.4% year-over-year).
- 2013: Revenue of $25K, expenses of $46K, and assets of $269K (revenue -92.1% year-over-year).
- 2012: Revenue of $317K, expenses of $192K, and assets of $290K (revenue +1128.9% year-over-year).
- 2011: Revenue of $26K, expenses of $25K, and assets of $165K (revenue +25.9% year-over-year).
- 2010: Revenue of $20K, expenses of $23K, and assets of $164K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Artomatic Inc:
Data Sources and Methodology
This transparency report for Artomatic 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.