Arts Every Day Inc
EIN: 61780902 · Baltimore, MD · NTEE: B192
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.7M |
| Net Assets | $853K |
Is Arts Every Day 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 Every Day Inc
Arts Every Day Inc (EIN: 61780902) is a nonprofit organization based in Baltimore, MD, classified under NTEE code B192. The organization reported total revenue of $1.8M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Arts Every Day Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Arts Every Day Inc is a mid-size nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 21.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $1.7M |
| Surplus / Deficit | +$258K |
| Total Assets | $1.5M |
| Total Liabilities | $664K |
| Net Assets | $853K |
| Operating Margin | 12.9% |
| Debt-to-Asset Ratio | 43.7% |
| Months of Reserves | 10.5 months |
Financial Health Grade: A
In 2024, Arts Every Day Inc reported a surplus of $258K with revenue exceeding expenses, holds 10.5 months of operating reserves (strong position), has a debt-to-asset ratio of 43.7% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2024), Arts Every Day Inc's revenue has grown at a compound annual growth rate (CAGR) of 21.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +51.8% | +25.8% | +52.9% |
| 2023 | +76.5% | +104.6% | +43.1% |
| 2022 | -1.4% | +5.7% | +4.5% |
| 2021 | +56.4% | +18.6% | +24.0% |
| 2020 | -45.6% | -2.9% | -0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Arts Every Day 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 Every Day 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $258K, with revenue exceeding expenses.
- Debt-to-asset ratio: 43.7%.
Frequently Asked Questions about Arts Every Day Inc
Is Arts Every Day Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Arts Every Day Inc (EIN: 61780902) insufficient data. 0 red flags identified, 0 strengths noted.
How does Arts Every Day Inc spend its money?
Detailed spending breakdown data is not yet available for Arts Every Day Inc. Check back for updated IRS 990 analysis.
Are donations to Arts Every Day Inc tax-deductible?
Arts Every Day Inc is registered as a tax-exempt nonprofit (EIN: 61780902). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Arts Every Day Inc located?
Arts Every Day Inc is headquartered in Baltimore, Maryland and files with the IRS under EIN 61780902. It is classified under NTEE code B192.
How many years of IRS 990 filings does Arts Every Day Inc have?
Arts Every Day Inc has 14 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 $1.8M in total revenue.
Filing History
IRS 990 filing history for Arts Every Day Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Arts Every Day Inc's revenue has grown by 1137.4%, moving from $161K to $2.0M. Total assets increased by 1453.4% over the same period, from $98K to $1.5M. Total functional expenses rose by 754.5%, from $203K to $1.7M. In its most recent filing year (2024), Arts Every Day Inc reported a surplus of $258K, with revenue exceeding expenses. The organization holds $664K in liabilities against $1.5M in assets (debt-to-asset ratio: 43.7%), resulting in net assets of $853K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $2.0M | $1.7M | $1.5M | $664K | — | View 990 |
| 2023 | $1.3M | $1.4M | $992K | $397K | — | View 990 |
| 2022 | $745K | $675K | $693K | $31K | — | View 990 |
| 2021 | $755K | $639K | $663K | $70K | — | View 990 |
| 2020 | $483K | $539K | $535K | $58K | — | View 990 |
| 2019 | $888K | $555K | $535K | $3K | — | View 990 |
| 2018 | $475K | $468K | $202K | $4K | — | View 990 |
| 2017 | $457K | $483K | $195K | $2K | — | View 990 |
| 2016 | $423K | $392K | $222K | $3K | — | View 990 |
| 2015 | $342K | $299K | $199K | $11K | — | View 990 |
| 2014 | $269K | $266K | $149K | $4K | — | View 990 |
| 2013 | $325K | $267K | $144K | $2K | — | View 990 |
| 2012 | $255K | $268K | $98K | $15K | — | View 990 |
| 2011 | $161K | $203K | $98K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2.0M, expenses of $1.7M, and assets of $1.5M (revenue +51.8% year-over-year).
- 2023: Revenue of $1.3M, expenses of $1.4M, and assets of $992K (revenue +76.5% year-over-year).
- 2022: Revenue of $745K, expenses of $675K, and assets of $693K (revenue -1.4% year-over-year).
- 2021: Revenue of $755K, expenses of $639K, and assets of $663K (revenue +56.4% year-over-year).
- 2020: Revenue of $483K, expenses of $539K, and assets of $535K (revenue -45.6% year-over-year).
- 2019: Revenue of $888K, expenses of $555K, and assets of $535K (revenue +87.2% year-over-year).
- 2018: Revenue of $475K, expenses of $468K, and assets of $202K (revenue +3.9% year-over-year).
- 2017: Revenue of $457K, expenses of $483K, and assets of $195K (revenue +8.0% year-over-year).
- 2016: Revenue of $423K, expenses of $392K, and assets of $222K (revenue +23.8% year-over-year).
- 2015: Revenue of $342K, expenses of $299K, and assets of $199K (revenue +26.9% year-over-year).
- 2014: Revenue of $269K, expenses of $266K, and assets of $149K (revenue -17.2% year-over-year).
- 2013: Revenue of $325K, expenses of $267K, and assets of $144K (revenue +27.7% year-over-year).
- 2012: Revenue of $255K, expenses of $268K, and assets of $98K (revenue +58.0% year-over-year).
- 2011: Revenue of $161K, expenses of $203K, and assets of $98K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Arts Every Day Inc:
Data Sources and Methodology
This transparency report for Arts Every Day 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.