Arts Mid Hudson Inc

Arts Mid Hudson Inc shows strong recent financial growth with increasing assets and no reported officer compensation.

EIN: 146035153 · Poughkeepsie, NY · NTEE: A25 · Updated: 2026-03-28

$2.0MRevenue

$602KAssets

90/100Mission Score (Excellent)

A25

About Arts Mid Hudson Inc

Arts Mid Hudson Inc (EIN: 146035153) is a nonprofit organization based in Poughkeepsie, NY, classified under NTEE code A25. The organization reported total revenue of $2.0M and total assets of $602K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Arts Mid Hudson Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Arts Mid Hudson Inc demonstrates a generally stable financial trajectory, with recent growth in revenue and assets. In 2023, the organization reported revenue of $1,173,528 against expenses of $1,074,674, indicating a healthy operating surplus. This positive trend is a significant improvement from previous years, such as 2022, where expenses ($908,172) exceeded revenue ($847,149). The organization's assets have also seen substantial growth, reaching $855,232 in 2023, up from $254,166 in 2022, which strengthens its financial foundation. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to directing funds towards its mission rather than executive salaries, enhancing its transparency and public trust.

While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the overall financial health appears robust, especially with the recent increase in assets and positive net income. The organization's liabilities have also increased in 2023 to $586,310, which should be monitored, but the asset growth outpaces this. The consistent filing of IRS Form 990s over 14 periods indicates a commitment to regulatory compliance and financial transparency.

Overall, Arts Mid Hudson Inc appears to be in a strong financial position, marked by recent growth and a clear dedication to its mission as evidenced by the lack of reported officer compensation. Further detailed analysis of expense categories would provide a more granular understanding of spending efficiency, but the available data points to a well-managed and growing nonprofit.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Arts Mid Hudson Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Arts Mid Hudson Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no portion of its expenses is allocated to executive salaries, which is highly favorable for a nonprofit of its 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 Mid Hudson Inc's IRS 990 filings:

Increase in liabilities to $586,310 in 2023, though offset by asset growth.

Strengths

The following positive indicators were identified for Arts Mid Hudson Inc:

Strong revenue growth in 2023 ($1,173,528).
Significant increase in assets to $855,232 in 2023.
Consistent reporting of 0% officer compensation, indicating high program focus.
Positive operating surplus in 2023 ($98,854).
Long history of IRS 990 filings (14 filings) demonstrating transparency.

Frequently Asked Questions about Arts Mid Hudson Inc

Is Arts Mid Hudson Inc financially stable?

Yes, Arts Mid Hudson Inc appears financially stable, especially with its 2023 revenue of $1,173,528 exceeding expenses of $1,074,674, and a significant increase in assets to $855,232.

How has Arts Mid Hudson Inc's financial health changed over time?

The organization has shown consistent growth in revenue and assets over the past decade, with a notable surge in assets and a positive operating margin in 2023, indicating improving financial health.

Does Arts Mid Hudson Inc pay its officers?

Based on the provided IRS 990 data, Arts Mid Hudson Inc consistently reports 0% officer compensation, suggesting no salaries are paid to its officers.

What is the trend in Arts Mid Hudson Inc's assets?

Arts Mid Hudson Inc's assets have shown a strong upward trend, particularly in 2023, where they increased to $855,232 from $254,166 in 2022, indicating significant financial growth and accumulation of resources.

Filing History

IRS 990 filing history for Arts Mid Hudson Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2010–2023), Arts Mid Hudson Inc's revenue has grown by 100.1%, moving from $587K to $1.2M. Total assets increased by 139.1% over the same period, from $358K to $855K. Total functional expenses rose by 82.2%, from $590K to $1.1M. In its most recent filing year (2023), Arts Mid Hudson Inc reported a surplus of $99K, with revenue exceeding expenses. The organization holds $586K in liabilities against $855K in assets (debt-to-asset ratio: 68.6%), resulting in net assets of $269K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.2M	$1.1M	$855K	$586K	—	—
2022	$847K	$908K	$254K	$101K	—	View 990
2021	$921K	$781K	$282K	$67K	—	View 990
2020	$687K	$711K	$349K	$221K	—	View 990
2019	$699K	$704K	$299K	$201K	—	View 990
2018	$789K	$730K	$298K	$195K	—	View 990
2017	$678K	$654K	$200K	$156K	—	View 990
2016	$638K	$648K	$188K	$168K	—	View 990
2015	$645K	$641K	$174K	$144K	—	View 990
2014	$535K	$522K	$192K	$165K	—	View 990
2013	$397K	$454K	$54K	$41K	—	View 990
2012	$448K	$535K	$106K	$36K	—	View 990
2011	$482K	$551K	$178K	$21K	—	View 990
2010	$587K	$590K	$358K	$133K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.2M, expenses of $1.1M, and assets of $855K (revenue +38.5% year-over-year).
2022: Revenue of $847K, expenses of $908K, and assets of $254K (revenue -8.0% year-over-year).
2021: Revenue of $921K, expenses of $781K, and assets of $282K (revenue +34.2% year-over-year).
2020: Revenue of $687K, expenses of $711K, and assets of $349K (revenue -1.8% year-over-year).
2019: Revenue of $699K, expenses of $704K, and assets of $299K (revenue -11.4% year-over-year).
2018: Revenue of $789K, expenses of $730K, and assets of $298K (revenue +16.4% year-over-year).
2017: Revenue of $678K, expenses of $654K, and assets of $200K (revenue +6.2% year-over-year).
2016: Revenue of $638K, expenses of $648K, and assets of $188K (revenue -1.0% year-over-year).
2015: Revenue of $645K, expenses of $641K, and assets of $174K (revenue +20.5% year-over-year).
2014: Revenue of $535K, expenses of $522K, and assets of $192K (revenue +34.8% year-over-year).
2013: Revenue of $397K, expenses of $454K, and assets of $54K (revenue -11.4% year-over-year).
2012: Revenue of $448K, expenses of $535K, and assets of $106K (revenue -7.0% year-over-year).
2011: Revenue of $482K, expenses of $551K, and assets of $178K (revenue -17.8% year-over-year).
2010: Revenue of $587K, expenses of $590K, and assets of $358K.

Data Sources and Methodology

This transparency report for Arts Mid Hudson 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.