Artspot Productions Inc
EIN: 721499547 · New Orleans, LA · NTEE: A65
| Metric | Value |
|---|---|
| Total Revenue | $197K |
| Total Expenses | $145K |
| Net Assets | $151K |
Is Artspot Productions Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Artspot Productions Inc
Artspot Productions Inc (EIN: 721499547) is a nonprofit organization based in New Orleans, LA, classified under NTEE code A65. The organization reported total revenue of $197K and total assets of $195K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Artspot Productions Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Artspot Productions Inc is a small nonprofit that has been operating for 24 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $150K |
| Total Expenses | $145K |
| Surplus / Deficit | +$5K |
| Total Assets | $180K |
| Total Liabilities | $29K |
| Net Assets | $151K |
| Operating Margin | 3.6% |
| Debt-to-Asset Ratio | 16.2% |
| Months of Reserves | 14.9 months |
Financial Health Grade: A
In 2023, Artspot Productions Inc reported a surplus of $5K with revenue exceeding expenses, holds 14.9 months of operating reserves (strong position), has a debt-to-asset ratio of 16.2% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Artspot Productions Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.3% | +42.6% | +1.7% |
| 2022 | +3.9% | +6.1% | +34.7% |
| 2021 | +119.2% | -12.9% | +75.5% |
| 2020 | -38.6% | -4.6% | -30.9% |
| 2019 | -56.7% | -72.5% | -28.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Artspot Productions 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 Artspot Productions 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $5K, with revenue exceeding expenses.
- Debt-to-asset ratio: 16.2%.
Frequently Asked Questions about Artspot Productions Inc
Is Artspot Productions Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Artspot Productions Inc (EIN: 721499547) insufficient data. 0 red flags identified, 0 strengths noted.
How does Artspot Productions Inc spend its money?
Detailed spending breakdown data is not yet available for Artspot Productions Inc. Check back for updated IRS 990 analysis.
Are donations to Artspot Productions Inc tax-deductible?
Artspot Productions Inc is registered as a tax-exempt nonprofit (EIN: 721499547). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Artspot Productions Inc located?
Artspot Productions Inc is headquartered in New Orleans, Louisiana and files with the IRS under EIN 721499547. It is classified under NTEE code A65.
How many years of IRS 990 filings does Artspot Productions Inc have?
Artspot Productions 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 $197K in total revenue.
Filing History
IRS 990 filing history for Artspot Productions Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Artspot Productions Inc's revenue has declined by 29.3%, moving from $213K to $150K. Total assets increased by 89.9% over the same period, from $95K to $180K. Total functional expenses fell by 21.8%, from $186K to $145K. In its most recent filing year (2023), Artspot Productions Inc reported a surplus of $5K, with revenue exceeding expenses. The organization holds $29K in liabilities against $180K in assets (debt-to-asset ratio: 16.2%), resulting in net assets of $151K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $150K | $145K | $180K | $29K | — | View 990 |
| 2022 | $140K | $102K | $177K | $32K | — | View 990 |
| 2021 | $135K | $96K | $131K | $24K | — | — |
| 2020 | $62K | $110K | $75K | $17K | — | — |
| 2019 | $100K | $116K | $108K | $2K | — | View 990 |
| 2018 | $232K | $421K | $152K | $30K | — | View 990 |
| 2017 | $385K | $280K | $331K | $20K | — | View 990 |
| 2016 | $246K | $116K | $217K | $12K | — | View 990 |
| 2015 | $246K | $296K | $104K | $29K | — | View 990 |
| 2014 | $242K | $280K | $143K | $18K | — | View 990 |
| 2013 | $174K | $171K | $175K | $11K | — | View 990 |
| 2012 | $193K | $192K | $172K | $12K | — | View 990 |
| 2011 | $148K | $111K | $126K | $12K | — | View 990 |
| 2010 | $213K | $186K | $95K | $18K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $150K, expenses of $145K, and assets of $180K (revenue +7.3% year-over-year).
- 2022: Revenue of $140K, expenses of $102K, and assets of $177K (revenue +3.9% year-over-year).
- 2021: Revenue of $135K, expenses of $96K, and assets of $131K (revenue +119.2% year-over-year).
- 2020: Revenue of $62K, expenses of $110K, and assets of $75K (revenue -38.6% year-over-year).
- 2019: Revenue of $100K, expenses of $116K, and assets of $108K (revenue -56.7% year-over-year).
- 2018: Revenue of $232K, expenses of $421K, and assets of $152K (revenue -39.8% year-over-year).
- 2017: Revenue of $385K, expenses of $280K, and assets of $331K (revenue +56.2% year-over-year).
- 2016: Revenue of $246K, expenses of $116K, and assets of $217K (revenue +0.1% year-over-year).
- 2015: Revenue of $246K, expenses of $296K, and assets of $104K (revenue +1.6% year-over-year).
- 2014: Revenue of $242K, expenses of $280K, and assets of $143K (revenue +38.9% year-over-year).
- 2013: Revenue of $174K, expenses of $171K, and assets of $175K (revenue -9.6% year-over-year).
- 2012: Revenue of $193K, expenses of $192K, and assets of $172K (revenue +30.9% year-over-year).
- 2011: Revenue of $148K, expenses of $111K, and assets of $126K (revenue -30.7% year-over-year).
- 2010: Revenue of $213K, expenses of $186K, and assets of $95K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Artspot Productions Inc:
Data Sources and Methodology
This transparency report for Artspot Productions 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.