Arts Connect International Inc
EIN: 463447371 · Boston, MA · NTEE: A99
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $585K |
| Net Assets | $299K |
Is Arts Connect International Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Arts Connect International Inc
Arts Connect International Inc (EIN: 463447371) is a nonprofit organization based in Boston, MA, classified under NTEE code A99. The organization reported total revenue of $1.1M and total assets of $770K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Arts Connect International Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Arts Connect International Inc is a mid-size nonprofit that has been operating for 12 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 31.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $439K |
| Total Expenses | $585K |
| Surplus / Deficit | $-146,899 |
| Total Assets | $319K |
| Total Liabilities | $20K |
| Net Assets | $299K |
| Operating Margin | -33.5% |
| Debt-to-Asset Ratio | 6.3% |
| Months of Reserves | 6.5 months |
Financial Health Grade: B
In 2023, Arts Connect International Inc reported a deficit of $147K with expenses exceeding revenue, holds 6.5 months of operating reserves (strong position), has a debt-to-asset ratio of 6.3% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), Arts Connect International Inc's revenue has grown at a compound annual growth rate (CAGR) of 31.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -39.4% | +13.7% | -42.6% |
| 2022 | +73.7% | +154.6% | +105.0% |
| 2021 | +424.8% | +90.2% | +380.2% |
| 2020 | -33.9% | -5.2% | -24.1% |
| 2019 | +96.7% | +316.5% | +1087.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Arts Connect International 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 Arts Connect International 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 $147K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.3%.
Frequently Asked Questions about Arts Connect International Inc
Is Arts Connect International Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Arts Connect International Inc (EIN: 463447371) insufficient data. 0 red flags identified, 0 strengths noted.
How does Arts Connect International Inc spend its money?
Detailed spending breakdown data is not yet available for Arts Connect International Inc. Check back for updated IRS 990 analysis.
Are donations to Arts Connect International Inc tax-deductible?
Arts Connect International Inc is registered as a tax-exempt nonprofit (EIN: 463447371). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Arts Connect International Inc located?
Arts Connect International Inc is headquartered in Boston, Massachusetts and files with the IRS under EIN 463447371. It is classified under NTEE code A99.
How many years of IRS 990 filings does Arts Connect International Inc have?
Arts Connect International Inc has 8 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 $1.1M in total revenue.
Filing History
IRS 990 filing history for Arts Connect International Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Arts Connect International Inc's revenue has grown by 577.9%, moving from $65K to $439K. Total assets increased by 997.7% over the same period, from $29K to $319K. Total functional expenses rose by 1183.9%, from $46K to $585K. In its most recent filing year (2023), Arts Connect International Inc reported a deficit of $147K, with expenses exceeding revenue. The organization holds $20K in liabilities against $319K in assets (debt-to-asset ratio: 6.3%), resulting in net assets of $299K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $439K | $585K | $319K | $20K | — | — |
| 2022 | $724K | $515K | $556K | $94K | — | View 990 |
| 2021 | $417K | $202K | $271K | $19K | — | — |
| 2020 | $79K | $106K | $56K | $19K | — | View 990 |
| 2019 | $120K | $112K | $74K | $10K | — | View 990 |
| 2018 | $61K | $27K | $6K | $999 | — | View 990 |
| 2017 | $53K | $59K | $25K | $3K | — | View 990 |
| 2016 | $65K | $46K | $29K | $300 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $439K, expenses of $585K, and assets of $319K (revenue -39.4% year-over-year).
- 2022: Revenue of $724K, expenses of $515K, and assets of $556K (revenue +73.7% year-over-year).
- 2021: Revenue of $417K, expenses of $202K, and assets of $271K (revenue +424.8% year-over-year).
- 2020: Revenue of $79K, expenses of $106K, and assets of $56K (revenue -33.9% year-over-year).
- 2019: Revenue of $120K, expenses of $112K, and assets of $74K (revenue +96.7% year-over-year).
- 2018: Revenue of $61K, expenses of $27K, and assets of $6K (revenue +16.0% year-over-year).
- 2017: Revenue of $53K, expenses of $59K, and assets of $25K (revenue -18.6% year-over-year).
- 2016: Revenue of $65K, expenses of $46K, and assets of $29K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Arts Connect International Inc:
Data Sources and Methodology
This transparency report for Arts Connect International 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.