Arts Marketplace At Studio Park
EIN: 853684422 · Grand Rapids, MI · NTEE: A12
About Arts Marketplace At Studio Park
Arts Marketplace At Studio Park (EIN: 853684422) is a nonprofit organization based in Grand Rapids, MI, classified under NTEE code A12. The organization reported total revenue of $566K and total assets of $180K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Arts Marketplace At Studio Park's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Arts Marketplace At Studio Park 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 Marketplace At Studio Park 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.
Filing History
IRS 990 filing history for Arts Marketplace At Studio Park showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Arts Marketplace At Studio Park's revenue has declined by 60.4%, moving from $440K to $174K. Total assets decreased by 65.4% over the same period, from $285K to $99K. Total functional expenses fell by 0.5%, from $376K to $374K. In its most recent filing year (2023), Arts Marketplace At Studio Park reported a deficit of $199K, with expenses exceeding revenue. The organization holds $14K in liabilities against $99K in assets (debt-to-asset ratio: 13.9%), resulting in net assets of $85K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $174K | $374K | $99K | $14K | — | — |
| 2022 | $440K | $376K | $285K | $367 | — | View 990 |
Data Sources and Methodology
This transparency report for Arts Marketplace At Studio Park 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.