Arts Council Of The Morris Area
Arts Council of Morris Area: Strong Programs, High Admin Costs
EIN: 222012936 · Morristown, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $1.3M |
| Program Spending | 70% |
| Net Assets | $1.0M |
| Transparency Score | 85/100 |
Is Arts Council Of The Morris Area Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Arts Council Of The Morris Area directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Arts Council Of The Morris Area
Arts Council Of The Morris Area (EIN: 222012936) is a nonprofit organization based in Morristown, NJ. The organization reported total revenue of $2.0M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Arts Council Of The Morris Area's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Arts Council Of The Morris Area is a mid-size nonprofit that has been operating for 53 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-249,676 |
| Total Assets | $1.2M |
| Total Liabilities | $192K |
| Net Assets | $1.0M |
| Operating Margin | -22.8% |
| Debt-to-Asset Ratio | 15.7% |
| Months of Reserves | 10.9 months |
Financial Health Grade: B
In 2023, Arts Council Of The Morris Area reported a deficit of $250K with expenses exceeding revenue, holds 10.9 months of operating reserves (strong position), has a debt-to-asset ratio of 15.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Arts Council Of The Morris Area's revenue has grown at a compound annual growth rate (CAGR) of 4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.3% | +23.7% | -10.7% |
| 2022 | +36.6% | +22.6% | -8.4% |
| 2021 | +0.5% | -6.4% | +13.3% |
| 2020 | -16.8% | -8.5% | +27.8% |
| 2019 | +2.2% | +6.8% | +1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1973 |
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 Arts Council Of The Morris Area 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Arts Council Of The Morris Area allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $250K, with expenses exceeding revenue.
- Debt-to-asset ratio: 15.7%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further filings.
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 Arts Council Of The Morris Area's IRS 990 filings:
- Administrative expenses appear to be a significant portion of total expenditures, warranting further investigation into their necessity and efficiency.
- The organization's liabilities have shown an increasing trend in recent years, from $5,058 in 2018 to $191,933 in 2023.
Strengths
The following positive indicators were identified for Arts Council Of The Morris Area:
- Consistently high program spending indicates a strong commitment to its mission.
- The organization has maintained a healthy asset base over the years, demonstrating financial stability.
- Revenue has generally remained stable, with some fluctuations, indicating a consistent donor base or funding streams.
Frequently Asked Questions about Arts Council Of The Morris Area
Is Arts Council Of The Morris Area a legitimate charity?
Arts Council Of The Morris Area (EIN: 222012936) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.0M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Arts Council Of The Morris Area spend its money?
Arts Council Of The Morris Area directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Arts Council Of The Morris Area tax-deductible?
Arts Council Of The Morris Area is registered as a tax-exempt nonprofit (EIN: 222012936). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Arts Council Of The Morris Area's spending goes to programs?
Arts Council Of The Morris Area directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Arts Council Of The Morris Area located?
Arts Council Of The Morris Area is headquartered in Morristown, New Jersey and files with the IRS under EIN 222012936.
How many years of IRS 990 filings does Arts Council Of The Morris Area have?
Arts Council Of The Morris Area 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 $2.0M in total revenue.
What does Arts Council Of The Morris Area do?
Arts Council Of The Morris Area is a nonprofit organization in the Unknown sector, located in Morristown, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Arts Council Of The Morris Area have?
Arts Council Of The Morris Area reported total revenue of $2,027,385. Based on 13 IRS 990 filings on record.
What are Arts Council Of The Morris Area's total assets?
Arts Council Of The Morris Area holds total assets of $1,173,279 as reported in IRS 990 filings.
Where is Arts Council Of The Morris Area located?
Arts Council Of The Morris Area is based in Morristown, New Jersey.
What is Arts Council Of The Morris Area's EIN?
Arts Council Of The Morris Area's Employer Identification Number (EIN) is 222012936. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Arts Council Of The Morris Area?
Arts Council Of The Morris Area is classified under NTEE code Unknown (Unknown).
Is Arts Council Of The Morris Area a registered 501(c)(3)?
Arts Council Of The Morris Area appears in IRS records (EIN: 222012936). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Arts Council Of The Morris Area file IRS Form 990?
Yes, Arts Council Of The Morris Area has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Arts Council Of The Morris Area's revenue in 2023?
In the 202306 filing period, Arts Council Of The Morris Area reported total revenue of $1,092,783, total expenses of $1,342,459, and net assets of $1,220,865.
Is Arts Council Of The Morris Area's revenue growing or declining?
Arts Council Of The Morris Area's revenue is declining. Revenue went from $1,231,796 (202206) to $1,092,783 (202306), a -11.3% change. Based on 13 filings on record.
What is Arts Council Of The Morris Area's most recent 990 filing?
The most recent IRS Form 990 filing for Arts Council Of The Morris Area covers tax period 202306. It shows revenue of $1,092,783, expenses of $1,342,459, total assets of $1,220,865, and liabilities of $191,933.
How much does Arts Council Of The Morris Area spend on programs vs administration?
Based on IRS 990 analysis, Arts Council Of The Morris Area allocates approximately 70% of expenses to program services, 20% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Arts Council Of The Morris Area a trustworthy charity?
Based on AI analysis of IRS 990 data, Arts Council Of The Morris Area appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.
What are the red flags for Arts Council Of The Morris Area?
The following concerns were identified: Administrative expenses appear to be a significant portion of total expenditures, warranting further investigation into their necessity and efficiency.. The organization's liabilities have shown an increasing trend in recent years, from $5,058 in 2018 to $191,933 in 2023.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Arts Council Of The Morris Area's strengths?
Positive indicators for Arts Council Of The Morris Area include: Consistently high program spending indicates a strong commitment to its mission.. The organization has maintained a healthy asset base over the years, demonstrating financial stability.. Revenue has generally remained stable, with some fluctuations, indicating a consistent donor base or funding streams.. These findings are derived from AI analysis of the organization's financial filings.
How does Arts Council Of The Morris Area compensate executives?
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the increasing liabilities and relatively stable revenue, what strategies are in place to manage debt and ensure long-term financial health?
Without direct access to the organization's strategic financial planning documents, it's difficult to ascertain specific strategies. However, a detailed review of their balance sheet and cash flow statements would be necessary to understand the nature of these liabilities and the plan for their reduction.
How does the Arts Council of the Morris Area justify its administrative spending, and what measures are taken to optimize these costs while maintaining operational effectiveness?
To answer this, one would need to examine the detailed breakdown of administrative expenses in their Form 990, specifically Schedule O, to understand what constitutes these costs (e.g., salaries, office rent, utilities). An assessment of their operational efficiency and benchmarking against similar organizations would also be beneficial.
Filing History
IRS 990 filing history for Arts Council Of The Morris Area showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Arts Council Of The Morris Area's revenue has grown by 77.4%, moving from $616K to $1.1M. Total assets increased by 108.4% over the same period, from $586K to $1.2M. Total functional expenses rose by 103%, from $661K to $1.3M. In its most recent filing year (2023), Arts Council Of The Morris Area reported a deficit of $250K, with expenses exceeding revenue. The organization holds $192K in liabilities against $1.2M in assets (debt-to-asset ratio: 15.7%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.3M | $1.2M | $192K | — | View 990 |
| 2022 | $1.2M | $1.1M | $1.4M | $140K | — | View 990 |
| 2021 | $902K | $885K | $1.5M | $348K | — | View 990 |
| 2020 | $898K | $946K | $1.3M | $353K | — | View 990 |
| 2019 | $1.1M | $1.0M | $1.0M | $35K | — | View 990 |
| 2018 | $1.1M | $968K | $1.0M | $5K | — | View 990 |
| 2017 | $1.1M | $1.1M | $920K | $17K | — | View 990 |
| 2016 | $982K | $970K | $827K | $12K | — | View 990 |
| 2015 | $884K | $827K | $815K | $11K | — | View 990 |
| 2014 | $922K | $787K | $766K | $7K | — | View 990 |
| 2013 | $805K | $819K | $613K | $43K | — | View 990 |
| 2012 | $801K | $735K | $593K | $44K | — | View 990 |
| 2011 | $616K | $661K | $586K | $80K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.3M, and assets of $1.2M (revenue -11.3% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.1M, and assets of $1.4M (revenue +36.6% year-over-year).
- 2021: Revenue of $902K, expenses of $885K, and assets of $1.5M (revenue +0.5% year-over-year).
- 2020: Revenue of $898K, expenses of $946K, and assets of $1.3M (revenue -16.8% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.0M, and assets of $1.0M (revenue +2.2% year-over-year).
- 2018: Revenue of $1.1M, expenses of $968K, and assets of $1.0M (revenue -3.1% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.1M, and assets of $920K (revenue +10.9% year-over-year).
- 2016: Revenue of $982K, expenses of $970K, and assets of $827K (revenue +11.1% year-over-year).
- 2015: Revenue of $884K, expenses of $827K, and assets of $815K (revenue -4.1% year-over-year).
- 2014: Revenue of $922K, expenses of $787K, and assets of $766K (revenue +14.5% year-over-year).
- 2013: Revenue of $805K, expenses of $819K, and assets of $613K (revenue +0.4% year-over-year).
- 2012: Revenue of $801K, expenses of $735K, and assets of $593K (revenue +30.1% year-over-year).
- 2011: Revenue of $616K, expenses of $661K, and assets of $586K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Arts Council Of The Morris Area:
Data Sources and Methodology
This transparency report for Arts Council Of The Morris Area 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.