Arts & Design Alumni Research
EIN: 824412494 · Providence, RI · NTEE: B05
| Metric | Value |
|---|---|
| Total Revenue | $953K |
| Total Expenses | $417K |
| Net Assets | $378K |
Is Arts & Design Alumni Research Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Arts & Design Alumni Research
Arts & Design Alumni Research (EIN: 824412494) is a nonprofit organization based in Providence, RI, classified under NTEE code B05. The organization reported total revenue of $953K and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Arts & Design Alumni Research's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Arts & Design Alumni Research is a small nonprofit that has been operating for 8 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -41.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $124K |
| Total Expenses | $417K |
| Surplus / Deficit | $-292,708 |
| Total Assets | $378K |
| Net Assets | $378K |
| Operating Margin | -235.9% |
| Months of Reserves | 10.9 months |
Financial Health Grade: B
In 2023, Arts & Design Alumni Research reported a deficit of $293K with expenses exceeding revenue, holds 10.9 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2021–2023), Arts & Design Alumni Research's revenue has declined at a compound annual growth rate (CAGR) of -41.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -82.3% | +37.6% | -43.6% |
| 2022 | +94.6% | +187.0% | +156.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Arts & Design Alumni Research 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 & Design Alumni Research 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 $293K, with expenses exceeding revenue.
Frequently Asked Questions about Arts & Design Alumni Research
Is Arts & Design Alumni Research a legitimate charity?
Based on AI analysis of IRS 990 filings, Arts & Design Alumni Research (EIN: 824412494) insufficient data. 0 red flags identified, 0 strengths noted.
How does Arts & Design Alumni Research spend its money?
Detailed spending breakdown data is not yet available for Arts & Design Alumni Research. Check back for updated IRS 990 analysis.
Are donations to Arts & Design Alumni Research tax-deductible?
Arts & Design Alumni Research is registered as a tax-exempt nonprofit (EIN: 824412494). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Arts & Design Alumni Research located?
Arts & Design Alumni Research is headquartered in Providence, Rhode Island and files with the IRS under EIN 824412494. It is classified under NTEE code B05.
How many years of IRS 990 filings does Arts & Design Alumni Research have?
Arts & Design Alumni Research has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $953K in total revenue.
Filing History
IRS 990 filing history for Arts & Design Alumni Research showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Arts & Design Alumni Research's revenue has declined by 65.6%, moving from $361K to $124K. Total assets increased by 44.3% over the same period, from $262K to $378K. Total functional expenses rose by 295%, from $106K to $417K. In its most recent filing year (2023), Arts & Design Alumni Research reported a deficit of $293K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $124K | $417K | $378K | $0 | — | — |
| 2022 | $703K | $303K | $671K | $0 | — | View 990 |
| 2021 | $361K | $106K | $262K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $124K, expenses of $417K, and assets of $378K (revenue -82.3% year-over-year).
- 2022: Revenue of $703K, expenses of $303K, and assets of $671K (revenue +94.6% year-over-year).
- 2021: Revenue of $361K, expenses of $106K, and assets of $262K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Arts & Design Alumni Research:
Data Sources and Methodology
This transparency report for Arts & Design Alumni Research 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.