Artworks Trenton Inc
Artworks Trenton: Community Impact with Financial Volatility
EIN: 221803117 · Trenton, NJ · NTEE: A400 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $572K |
| Total Expenses | $402K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $242K |
| Transparency Score | 75/100 |
Is Artworks Trenton Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Artworks Trenton Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Artworks Trenton Inc
Artworks Trenton Inc (EIN: 221803117) is a nonprofit organization based in Trenton, NJ, classified under NTEE code A400. The organization reported total revenue of $572K and total assets of $287K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Artworks Trenton Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Artworks Trenton Inc is a small nonprofit that has been operating for 60 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $211K |
| Total Expenses | $402K |
| Surplus / Deficit | $-190,865 |
| Total Assets | $283K |
| Total Liabilities | $41K |
| Net Assets | $242K |
| Operating Margin | -90.5% |
| Debt-to-Asset Ratio | 14.5% |
| Months of Reserves | 8.4 months |
Financial Health Grade: B
In 2023, Artworks Trenton Inc reported a deficit of $191K with expenses exceeding revenue, holds 8.4 months of operating reserves (strong position), has a debt-to-asset ratio of 14.5% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Artworks Trenton Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -51.1% | -0.7% | -43.0% |
| 2022 | -6.3% | +25.4% | +10.2% |
| 2021 | +36.8% | +2.8% | +45.1% |
| 2020 | -9.8% | -44.6% | +22.9% |
| 2019 | +5.7% | +55.0% | +22.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1966 |
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 Artworks Trenton Inc with a Mission Score of 75 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: 70%
- fundraising: 15%
According to IRS 990 filings, Artworks Trenton Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $191K, with expenses exceeding revenue.
- Debt-to-asset ratio: 14.5%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-based leadership or compensation covered by other entities, which warrants further investigation for a complete understanding of leadership costs.
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 Artworks Trenton Inc's IRS 990 filings:
- Significant fluctuations in total revenue, from a high of $460,386 in 2021 to a low of $210,895 in 2023, indicate potential instability in funding.
- The organization reported a net loss of $190,865 in 2023 (revenue $210,895 vs. expenses $401,760), raising concerns about financial sustainability.
- Total assets decreased from $495,724 in 2022 to $282,641 in 2023, a substantial decline.
Strengths
The following positive indicators were identified for Artworks Trenton Inc:
- Consistently high percentage of expenses dedicated to program services (around 70% in 2023), indicating a strong focus on its mission.
- Maintains a positive net asset position, despite recent losses, with $282,641 in assets as of 2023.
- Long operational history (filings back to 2015) suggests resilience and established community presence.
Frequently Asked Questions about Artworks Trenton Inc
Is Artworks Trenton Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Artworks Trenton Inc (EIN: 221803117) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Artworks Trenton Inc spend its money?
Artworks Trenton Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Artworks Trenton Inc tax-deductible?
Artworks Trenton Inc is registered as a tax-exempt nonprofit (EIN: 221803117). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Artworks Trenton Inc CEO make?
Artworks Trenton Inc's highest-compensated officer earns $0 annually. The organization reported $572K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Artworks Trenton Inc's spending goes to programs?
Artworks Trenton Inc directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Artworks Trenton Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Artworks Trenton Inc is above average for NTEE category A400 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Artworks Trenton Inc located?
Artworks Trenton Inc is headquartered in Trenton, New Jersey and files with the IRS under EIN 221803117. It is classified under NTEE code A400.
How many years of IRS 990 filings does Artworks Trenton Inc have?
Artworks Trenton Inc has 12 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 $572K in total revenue.
What does Artworks Trenton Inc do?
Artworks Trenton Inc is a nonprofit organization in the Arts, Culture & Humanities sector, located in Trenton, New Jersey. It is classified under NTEE code A400.
How much revenue does Artworks Trenton Inc have?
Artworks Trenton Inc reported total revenue of $572,027. Based on 12 IRS 990 filings on record.
What are Artworks Trenton Inc's total assets?
Artworks Trenton Inc holds total assets of $286,878 as reported in IRS 990 filings.
Where is Artworks Trenton Inc located?
Artworks Trenton Inc is based in Trenton, New Jersey.
What is Artworks Trenton Inc's EIN?
Artworks Trenton Inc's Employer Identification Number (EIN) is 221803117. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Artworks Trenton Inc?
Artworks Trenton Inc is classified under NTEE code A400 (Arts, Culture & Humanities).
Is Artworks Trenton Inc a registered 501(c)(3)?
Yes, Artworks Trenton Inc is recognized as a tax-exempt organization by the IRS. EIN: 221803117.
Does Artworks Trenton Inc file IRS Form 990?
Yes, Artworks Trenton Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Artworks Trenton Inc's revenue in 2023?
In the 202312 filing period, Artworks Trenton Inc reported total revenue of $210,895, total expenses of $401,760, and net assets of $282,641.
Is Artworks Trenton Inc's revenue growing or declining?
Artworks Trenton Inc's revenue is declining. Revenue went from $431,251 (202212) to $210,895 (202312), a -51.1% change. Based on 12 filings on record.
What is Artworks Trenton Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Artworks Trenton Inc covers tax period 202312. It shows revenue of $210,895, expenses of $401,760, total assets of $282,641, and liabilities of $40,875.
How much does Artworks Trenton Inc spend on programs vs administration?
Based on IRS 990 analysis, Artworks Trenton Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Artworks Trenton Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Artworks Trenton Inc appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Artworks Trenton Inc?
The following concerns were identified: Significant fluctuations in total revenue, from a high of $460,386 in 2021 to a low of $210,895 in 2023, indicate potential instability in funding.. The organization reported a net loss of $190,865 in 2023 (revenue $210,895 vs. expenses $401,760), raising concerns about financial sustainability.. Total assets decreased from $495,724 in 2022 to $282,641 in 2023, a substantial decline.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Artworks Trenton Inc's strengths?
Positive indicators for Artworks Trenton Inc include: Consistently high percentage of expenses dedicated to program services (around 70% in 2023), indicating a strong focus on its mission.. Maintains a positive net asset position, despite recent losses, with $282,641 in assets as of 2023.. Long operational history (filings back to 2015) suggests resilience and established community presence.. These findings are derived from AI analysis of the organization's financial filings.
How does Artworks Trenton Inc compensate executives?
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-based leadership or compensation covered by other entities, which warrants further investigation for a complete understanding of leadership costs. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the reported $0 executive compensation, how does Artworks Trenton Inc. sustain its leadership and operational oversight?
The consistent reporting of $0 for officer, director, trustee, and key employee compensation suggests that leadership roles may be filled by volunteers, or compensation is provided through an affiliated entity or grant structure not directly reported on the Form 990, which could impact the true administrative cost picture.
What factors contributed to the sharp decline in revenue from $431,251 in 2022 to $210,895 in 2023, and what strategies are in place to address this trend?
The significant drop in revenue in 2023, nearly halving from the previous year, points to potential challenges in fundraising, grant acquisition, or event-based income. Understanding the specific causes and the organization's plans to diversify funding or increase donor engagement is crucial for assessing future financial stability.
Filing History
IRS 990 filing history for Artworks Trenton Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Artworks Trenton Inc's revenue has grown by 47.3%, moving from $143K to $211K. Total assets increased by 246.4% over the same period, from $82K to $283K. Total functional expenses rose by 148.3%, from $162K to $402K. In its most recent filing year (2023), Artworks Trenton Inc reported a deficit of $191K, with expenses exceeding revenue. The organization holds $41K in liabilities against $283K in assets (debt-to-asset ratio: 14.5%), resulting in net assets of $242K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $211K | $402K | $283K | $41K | — | — |
| 2022 | $431K | $405K | $496K | $63K | — | View 990 |
| 2021 | $460K | $323K | $450K | $44K | — | View 990 |
| 2020 | $337K | $314K | $310K | $42K | — | View 990 |
| 2019 | $373K | $567K | $252K | $7K | — | View 990 |
| 2017 | $353K | $366K | $206K | $13K | — | View 990 |
| 2016 | $366K | $345K | $218K | $9K | — | View 990 |
| 2015 | $337K | $292K | $196K | $13K | — | View 990 |
| 2014 | $290K | $257K | $136K | $1K | — | View 990 |
| 2013 | $215K | $202K | $104K | $2K | — | View 990 |
| 2012 | $183K | $176K | $90K | $965 | — | View 990 |
| 2011 | $143K | $162K | $82K | $300 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $211K, expenses of $402K, and assets of $283K (revenue -51.1% year-over-year).
- 2022: Revenue of $431K, expenses of $405K, and assets of $496K (revenue -6.3% year-over-year).
- 2021: Revenue of $460K, expenses of $323K, and assets of $450K (revenue +36.8% year-over-year).
- 2020: Revenue of $337K, expenses of $314K, and assets of $310K (revenue -9.8% year-over-year).
- 2019: Revenue of $373K, expenses of $567K, and assets of $252K (revenue +5.7% year-over-year).
- 2017: Revenue of $353K, expenses of $366K, and assets of $206K (revenue -3.7% year-over-year).
- 2016: Revenue of $366K, expenses of $345K, and assets of $218K (revenue +8.6% year-over-year).
- 2015: Revenue of $337K, expenses of $292K, and assets of $196K (revenue +16.5% year-over-year).
- 2014: Revenue of $290K, expenses of $257K, and assets of $136K (revenue +34.7% year-over-year).
- 2013: Revenue of $215K, expenses of $202K, and assets of $104K (revenue +17.3% year-over-year).
- 2012: Revenue of $183K, expenses of $176K, and assets of $90K (revenue +28.0% year-over-year).
- 2011: Revenue of $143K, expenses of $162K, and assets of $82K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Artworks Trenton Inc:
Data Sources and Methodology
This transparency report for Artworks Trenton 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.