Arts For All Inc
Arts For All Inc faces significant financial deficit and declining revenue in 2021.
EIN: 204777323 · Omaha, NE · NTEE: A20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $51K |
| Total Expenses | $94K |
| Program Spending | 80% |
| Net Assets | $16K |
| Transparency Score | 65/100 |
Is Arts For All Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Arts For All Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Arts For All Inc
Arts For All Inc (EIN: 204777323) is a nonprofit organization based in Omaha, NE, classified under NTEE code A20. The organization reported total revenue of $51K and total assets of $17K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Arts For All Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Arts For All Inc is a micro nonprofit that has been operating for 20 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -13.7%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $51K |
| Total Expenses | $94K |
| Surplus / Deficit | $-43,071 |
| Total Assets | $17K |
| Total Liabilities | $675 |
| Net Assets | $16K |
| Operating Margin | -84.3% |
| Debt-to-Asset Ratio | 4.0% |
| Months of Reserves | 2.1 months |
Financial Health Grade: C
In 2021, Arts For All Inc reported a deficit of $43K with expenses exceeding revenue, holds 2.1 months of operating reserves (limited), has a debt-to-asset ratio of 4.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2021), Arts For All Inc's revenue has declined at a compound annual growth rate (CAGR) of -13.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -69.5% | -24.0% | -72.2% |
| 2020 | +1.6% | -10.2% | +123.1% |
| 2019 | +2.7% | +5.5% | -2.0% |
| 2018 | +36.7% | -8.8% | +105.1% |
| 2017 | -44.5% | -33.4% | +280.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 For All Inc with a Mission Score of 65 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, Arts For All 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $43K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers received reportable compensation, which is positive for a small organization of this size.
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 For All Inc's IRS 990 filings:
- Significant revenue decline of 69.5% from 2020 to 2021 ($167,572 to $51,099).
- Substantial deficit in 2021 ($51,099 revenue vs. $94,170 expenses).
- Declining asset base from $60,307 in 2020 to $16,763 in 2021.
Strengths
The following positive indicators were identified for Arts For All Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating responsible use of funds at the leadership level.
- History of operating for over a decade with 11 filings, demonstrating longevity.
- Relatively low liabilities in 2021 ($675) compared to assets.
Frequently Asked Questions about Arts For All Inc
Is Arts For All Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Arts For All Inc (EIN: 204777323) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Arts For All Inc spend its money?
Arts For All Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Arts For All Inc tax-deductible?
Arts For All Inc is registered as a tax-exempt nonprofit (EIN: 204777323). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Arts For All Inc's spending goes to programs?
Arts For All Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Arts For All Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Arts For All Inc is above average for NTEE category A20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Arts For All Inc located?
Arts For All Inc is headquartered in Omaha, Nebraska and files with the IRS under EIN 204777323. It is classified under NTEE code A20.
How many years of IRS 990 filings does Arts For All Inc have?
Arts For All Inc has 11 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 $51K in total revenue.
What caused the significant drop in revenue from $167,572 in 2020 to $51,099 in 2021?
The provided data does not specify the reasons for the revenue decline, but it is a critical area for further inquiry to understand the organization's financial stability.
How does Arts For All Inc plan to address the $43,071 deficit incurred in 2021?
The filings do not detail specific plans to address deficits, but sustained deficits can impact an organization's ability to operate and deliver on its mission.
What percentage of total expenses is allocated directly to program services?
The provided IRS 990 data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories, making it difficult to precisely determine program spending efficiency from this information alone.
Given the fluctuating financial performance, what is the long-term sustainability plan for Arts For All Inc?
The financial history shows significant year-to-year variations in revenue and expenses, suggesting a need for a robust long-term financial strategy to ensure sustainability.
Filing History
IRS 990 filing history for Arts For All Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Arts For All Inc's revenue has declined by 77%, moving from $222K to $51K. Total assets increased by 14.6% over the same period, from $15K to $17K. Total functional expenses fell by 62.5%, from $251K to $94K. In its most recent filing year (2021), Arts For All Inc reported a deficit of $43K, with expenses exceeding revenue. The organization holds $675 in liabilities against $17K in assets (debt-to-asset ratio: 4.0%), resulting in net assets of $16K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $51K | $94K | $17K | $675 | — | — |
| 2020 | $168K | $124K | $60K | $4K | — | View 990 |
| 2019 | $165K | $138K | $27K | $9K | — | View 990 |
| 2018 | $161K | $131K | $28K | $13K | — | View 990 |
| 2017 | $117K | $143K | $13K | $22K | — | View 990 |
| 2016 | $211K | $215K | $4K | $52K | — | View 990 |
| 2015 | $228K | $224K | $10K | $47K | — | View 990 |
| 2014 | $274K | $246K | $16K | $56K | — | View 990 |
| 2013 | $200K | $258K | $12K | $81K | — | View 990 |
| 2012 | $261K | $255K | $29K | $40K | — | View 990 |
| 2011 | $222K | $251K | $15K | $31K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $51K, expenses of $94K, and assets of $17K (revenue -69.5% year-over-year).
- 2020: Revenue of $168K, expenses of $124K, and assets of $60K (revenue +1.6% year-over-year).
- 2019: Revenue of $165K, expenses of $138K, and assets of $27K (revenue +2.7% year-over-year).
- 2018: Revenue of $161K, expenses of $131K, and assets of $28K (revenue +36.7% year-over-year).
- 2017: Revenue of $117K, expenses of $143K, and assets of $13K (revenue -44.5% year-over-year).
- 2016: Revenue of $211K, expenses of $215K, and assets of $4K (revenue -7.1% year-over-year).
- 2015: Revenue of $228K, expenses of $224K, and assets of $10K (revenue -16.9% year-over-year).
- 2014: Revenue of $274K, expenses of $246K, and assets of $16K (revenue +37.3% year-over-year).
- 2013: Revenue of $200K, expenses of $258K, and assets of $12K (revenue -23.5% year-over-year).
- 2012: Revenue of $261K, expenses of $255K, and assets of $29K (revenue +17.3% year-over-year).
- 2011: Revenue of $222K, expenses of $251K, and assets of $15K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Arts For All Inc:
Data Sources and Methodology
This transparency report for Arts For All 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.