Arts Horizons Inc
Arts Horizons Inc: Declining Revenue, High Administrative Costs Raise Concerns
EIN: 222418718 · Englewood, NJ · NTEE: A250 · Updated: 2026-04-04
About Arts Horizons Inc
Arts Horizons Inc (EIN: 222418718) is a nonprofit organization based in Englewood, NJ, classified under NTEE code A250. The organization reported total revenue of $778K and total assets of $459K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Arts Horizons Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Arts Horizons 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Arts Horizons Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, making a direct 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 Horizons Inc's IRS 990 filings:
- Revenue has shown a significant decline from $1,608,523 in 2016 to $790,397 in 2023.
- Expenses have frequently exceeded revenue in multiple years (e.g., 2023: $922,117 expenses vs. $790,397 revenue).
- Liabilities have consistently been high relative to assets, indicating potential financial strain.
Strengths
The following positive indicators were identified for Arts Horizons Inc:
- Maintains a consistent presence and mission over several years.
- Assets have remained relatively stable despite revenue fluctuations.
Frequently Asked Questions about Arts Horizons Inc
What does Arts Horizons Inc do?
Arts Horizons Inc is a nonprofit organization in the Arts, Culture & Humanities sector, located in Englewood, New Jersey. It is classified under NTEE code A250.
How much revenue does Arts Horizons Inc have?
Arts Horizons Inc reported total revenue of $777,899. Based on 13 IRS 990 filings on record.
What are Arts Horizons Inc's total assets?
Arts Horizons Inc holds total assets of $458,897 as reported in IRS 990 filings.
Where is Arts Horizons Inc located?
Arts Horizons Inc is based in Englewood, New Jersey.
What is Arts Horizons Inc's EIN?
Arts Horizons Inc's Employer Identification Number (EIN) is 222418718. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Arts Horizons Inc?
Arts Horizons Inc is classified under NTEE code A250 (Arts, Culture & Humanities).
Is Arts Horizons Inc a registered 501(c)(3)?
Yes, Arts Horizons Inc is recognized as a tax-exempt organization by the IRS. EIN: 222418718.
Does Arts Horizons Inc file IRS Form 990?
Yes, Arts Horizons Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Arts Horizons Inc's revenue in 2023?
In the 202306 filing period, Arts Horizons Inc reported total revenue of $790,397, total expenses of $922,117, and net assets of $363,979.
Is Arts Horizons Inc's revenue growing or declining?
Arts Horizons Inc's revenue is declining. Revenue went from $1,009,616 (202206) to $790,397 (202306), a -21.7% change. Based on 13 filings on record.
What is Arts Horizons Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Arts Horizons Inc covers tax period 202306. It shows revenue of $790,397, expenses of $922,117, total assets of $363,979, and liabilities of $392,324.
How much does Arts Horizons Inc spend on programs vs administration?
Based on IRS 990 analysis, Arts Horizons Inc 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 Horizons Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Arts Horizons Inc shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Arts Horizons Inc?
The following concerns were identified: Revenue has shown a significant decline from $1,608,523 in 2016 to $790,397 in 2023.. Expenses have frequently exceeded revenue in multiple years (e.g., 2023: $922,117 expenses vs. $790,397 revenue).. Liabilities have consistently been high relative to assets, indicating potential financial strain.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Arts Horizons Inc's strengths?
Positive indicators for Arts Horizons Inc include: Maintains a consistent presence and mission over several years.. Assets have remained relatively stable despite revenue fluctuations.. These findings are derived from AI analysis of the organization's financial filings.
How does Arts Horizons Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, making a direct 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 consistent trend of expenses exceeding revenue in recent years, how does Arts Horizons Inc plan to achieve financial sustainability?
The provided data indicates that in 2023, expenses ($922,117) significantly outpaced revenue ($790,397), continuing a trend seen in other years. This suggests a need for either increased fundraising or cost-cutting measures to ensure long-term viability.
What specific strategies are being implemented to reverse the notable decline in revenue observed since 2016?
Revenue has nearly halved from $1,608,523 in 2016 to $790,397 in 2023. Without additional information, it's unclear what strategies, if any, are in place to address this substantial and sustained decrease in funding.
Filing History
IRS 990 filing history for Arts Horizons Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Arts Horizons Inc's revenue has declined by 43.2%, moving from $1.4M to $790K. Total assets decreased by 62.3% over the same period, from $965K to $364K. Total functional expenses fell by 42.2%, from $1.6M to $922K. In its most recent filing year (2023), Arts Horizons Inc reported a deficit of $132K, with expenses exceeding revenue. The organization holds $392K in liabilities against $364K in assets (debt-to-asset ratio: 107.8%), resulting in net assets of $-28,345.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $790K | $922K | $364K | $392K | — | View 990 |
| 2022 | $1.0M | $829K | $376K | $319K | — | View 990 |
| 2021 | $485K | $461K | $178K | $329K | — | View 990 |
| 2020 | $440K | $578K | $176K | $327K | — | View 990 |
| 2019 | $720K | $691K | $386K | $469K | — | View 990 |
| 2018 | $703K | $884K | $345K | $458K | — | View 990 |
| 2017 | $1.0M | $1.3M | $464K | $397K | — | View 990 |
| 2016 | $1.6M | $1.5M | $746K | $373K | — | View 990 |
| 2015 | $1.6M | $1.7M | $889K | $597K | — | View 990 |
| 2014 | $1.5M | $1.8M | $737K | $352K | — | View 990 |
| 2013 | $1.9M | $1.6M | $1.1M | $435K | — | View 990 |
| 2012 | $1.5M | $1.6M | $876K | $439K | — | View 990 |
| 2011 | $1.4M | $1.6M | $965K | $389K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $790K, expenses of $922K, and assets of $364K (revenue -21.7% year-over-year).
- 2022: Revenue of $1.0M, expenses of $829K, and assets of $376K (revenue +108.2% year-over-year).
- 2021: Revenue of $485K, expenses of $461K, and assets of $178K (revenue +10.2% year-over-year).
- 2020: Revenue of $440K, expenses of $578K, and assets of $176K (revenue -38.9% year-over-year).
- 2019: Revenue of $720K, expenses of $691K, and assets of $386K (revenue +2.5% year-over-year).
- 2018: Revenue of $703K, expenses of $884K, and assets of $345K (revenue -30.4% year-over-year).
- 2017: Revenue of $1.0M, expenses of $1.3M, and assets of $464K (revenue -37.2% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.5M, and assets of $746K (revenue +3.0% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.7M, and assets of $889K (revenue +4.8% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.8M, and assets of $737K (revenue -19.5% year-over-year).
- 2013: Revenue of $1.9M, expenses of $1.6M, and assets of $1.1M (revenue +27.2% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.6M, and assets of $876K (revenue +4.6% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.6M, and assets of $965K.
Data Sources and Methodology
This transparency report for Arts Horizons 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.