Association Of International Photography Art Dealers Inc

Photography Art Dealers Association faces recurring deficits and increasing liabilities.

EIN: 132991884 · Harrison, NY · Updated: 2026-03-28

$2.6MRevenue

$874KAssets

65/100Mission Score (Good)

Is Association Of International Photography Art Dealers Inc Legit?

Some Concerns

GoodFiling Consistency

GoodSpending Efficiency

GoodTransparency

4 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Association Of International Photography Art Dealers Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.

About Association Of International Photography Art Dealers Inc

Association Of International Photography Art Dealers Inc (EIN: 132991884) is a nonprofit organization based in Harrison, NY. The organization reported total revenue of $2.6M and total assets of $874K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Association Of International Photography Art Dealers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Association Of International Photography Art Dealers Inc (AIPAD) exhibits fluctuating financial health over the past several years. In 2023, the organization reported expenses of $2,009,990 against revenue of $1,335,468, resulting in a significant deficit. This follows a surplus in 2022 ($1,387,906 revenue vs. $1,368,444 expenses) and deficits in 2021 and 2018. The organization's assets have also shown volatility, decreasing from $977,762 in 2023 to $651,589 in 2022, and then increasing again. A notable concern is the substantial increase in liabilities in 2023 to $1,259,283, exceeding its assets of $977,762, which indicates potential financial strain.

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing executive overhead, which is a positive indicator for efficiency. The organization's revenue streams appear to be inconsistent, with a peak of $3,573,896 in 2017 and a low of $130,534 in 2021, suggesting reliance on events or specific funding cycles that can vary significantly year-to-year.

Transparency regarding executive compensation is excellent, with 0% reported for officers in all available periods. However, the lack of detailed expense breakdowns (e.g., program vs. admin) in the provided data limits a comprehensive assessment of spending transparency. The organization's financial stability appears to be a recurring challenge, as evidenced by the frequent deficits and the recent increase in liabilities relative to assets. This pattern suggests a need for more stable revenue generation or tighter expense management to ensure long-term sustainability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Association Of International Photography Art Dealers 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, Association Of International Photography Art Dealers 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 reported as 0% for officers across all available filings, indicating that the organization's leadership is either unpaid or compensated through other means not classified as officer compensation, which is a strong positive for minimizing overhead.

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 Association Of International Photography Art Dealers Inc's IRS 990 filings:

Significant deficit in 2023 ($674,522)
Liabilities ($1,259,283 in 2023) exceed assets ($977,762) in the latest filing
Highly volatile revenue and expense patterns year-over-year
Recurring deficits in multiple years (e.g., 2023, 2021, 2018, 2017)

Strengths

The following positive indicators were identified for Association Of International Photography Art Dealers Inc:

0% reported officer compensation across all filings, indicating low executive overhead
History of significant revenue generation in peak years (e.g., $3.5M in 2017)
Positive net assets in several years prior to 2023

Frequently Asked Questions about Association Of International Photography Art Dealers Inc

Is Association Of International Photography Art Dealers Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Association Of International Photography Art Dealers Inc (EIN: 132991884) some concerns. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.

How does Association Of International Photography Art Dealers Inc spend its money?

Association Of International Photography Art Dealers Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Association Of International Photography Art Dealers Inc tax-deductible?

Association Of International Photography Art Dealers Inc is registered as a tax-exempt nonprofit (EIN: 132991884). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is Association Of International Photography Art Dealers Inc financially stable?

The organization's financial stability is questionable, as it has experienced recurring deficits (e.g., $674,522 in 2023, $217,002 in 2018) and its liabilities ($1,259,283 in 2023) currently exceed its assets ($977,762).

How does the organization manage executive compensation?

The organization reports 0% officer compensation in all available filings, suggesting a very lean approach to executive pay or that leadership roles are filled by volunteers.

What caused the significant increase in liabilities in 2023?

The provided data does not specify the exact reasons for the increase in liabilities from $205,650 in 2022 to $1,259,283 in 2023, but it warrants further investigation into the organization's financial obligations.

How consistent is the organization's revenue generation?

Revenue generation is highly inconsistent, ranging from a low of $130,534 in 2021 to a high of $3,573,896 in 2017, indicating potential reliance on variable income sources like events or grants.

Filing History

IRS 990 filing history for Association Of International Photography Art Dealers Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Association Of International Photography Art Dealers Inc's revenue has declined by 29.3%, moving from $1.9M to $1.3M. Total assets decreased by 28.6% over the same period, from $1.4M to $978K. Total functional expenses rose by 22.2%, from $1.6M to $2.0M. In its most recent filing year (2023), Association Of International Photography Art Dealers Inc reported a deficit of $675K, with expenses exceeding revenue. The organization holds $1.3M in liabilities against $978K in assets (debt-to-asset ratio: 128.8%), resulting in net assets of $-281,521.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.3M	$2.0M	$978K	$1.3M	—	View 990
2022	$1.4M	$1.4M	$652K	$206K	—	View 990
2021	$131K	$178K	$938K	$511K	—	View 990
2020	$184K	$160K	$521K	$47K	—	View 990
2019	$2.9M	$2.8M	$546K	$96K	—	—
2018	$3.1M	$3.2M	$1.5M	$1.1M	—	View 990
2017	$3.6M	$3.8M	$1.9M	$1.4M	—	View 990
2016	$2.3M	$2.3M	$1.9M	$1.2M	—	View 990
2015	$2.2M	$2.2M	$1.8M	$1.1M	—	View 990
2014	$2.2M	$2.1M	$1.6M	$908K	—	—
2013	$2.1M	$2.0M	$1.6M	$933K	—	View 990
2012	$2.0M	$1.8M	$1.5M	$948K	—	View 990
2011	$1.9M	$1.6M	$1.4M	$987K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.3M, expenses of $2.0M, and assets of $978K (revenue -3.8% year-over-year).
2022: Revenue of $1.4M, expenses of $1.4M, and assets of $652K (revenue +963.3% year-over-year).
2021: Revenue of $131K, expenses of $178K, and assets of $938K (revenue -29.0% year-over-year).
2020: Revenue of $184K, expenses of $160K, and assets of $521K (revenue -93.6% year-over-year).
2019: Revenue of $2.9M, expenses of $2.8M, and assets of $546K (revenue -8.2% year-over-year).
2018: Revenue of $3.1M, expenses of $3.2M, and assets of $1.5M (revenue -12.4% year-over-year).
2017: Revenue of $3.6M, expenses of $3.8M, and assets of $1.9M (revenue +53.2% year-over-year).
2016: Revenue of $2.3M, expenses of $2.3M, and assets of $1.9M (revenue +5.6% year-over-year).
2015: Revenue of $2.2M, expenses of $2.2M, and assets of $1.8M (revenue +2.4% year-over-year).
2014: Revenue of $2.2M, expenses of $2.1M, and assets of $1.6M (revenue +2.9% year-over-year).
2013: Revenue of $2.1M, expenses of $2.0M, and assets of $1.6M (revenue +7.3% year-over-year).
2012: Revenue of $2.0M, expenses of $1.8M, and assets of $1.5M (revenue +3.6% year-over-year).
2011: Revenue of $1.9M, expenses of $1.6M, and assets of $1.4M.

Data Sources and Methodology

This transparency report for Association Of International Photography Art Dealers 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.