Association Of Medical Illustrators

Association Of Medical Illustrators maintains stable assets despite fluctuating revenues and expenses, with no reported officer compensation.

EIN: 136188707 · Lexington, KY · Updated: 2026-03-28

$1.4MRevenue
$1.0MGross Revenue
$1.1MAssets
85/100Mission Score (Excellent)
Association Of Medical Illustrators Financial Summary
MetricValue
Total Revenue$1.4M
Total Expenses$871K
Program Spending80%
Net Assets$808K
Transparency Score85/100

Is Association Of Medical Illustrators Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

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

Association Of Medical Illustrators directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Association Of Medical Illustrators

Association Of Medical Illustrators (EIN: 136188707) is a nonprofit organization based in Lexington, KY. The organization reported total revenue of $1.4M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Association Of Medical Illustrators's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

62Years Operating
Mid-SizeSize Classification
12Years of Filings
MixedRevenue Trajectory

Association Of Medical Illustrators is a mid-size nonprofit that has been operating for 62 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.4%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$751K
Total Expenses$871K
Surplus / Deficit$-119,376
Total Assets$1.3M
Total Liabilities$467K
Net Assets$808K
Operating Margin-15.9%
Debt-to-Asset Ratio36.6%
Months of Reserves17.6 months

Financial Health Grade: B

In 2023, Association Of Medical Illustrators reported a deficit of $119K with expenses exceeding revenue, holds 17.6 months of operating reserves (strong position), has a debt-to-asset ratio of 36.6% (moderate leverage).

Financial Trends

Over 12 years of filings (2011–2023), Association Of Medical Illustrators's revenue has grown at a compound annual growth rate (CAGR) of 3.4%.

YearRevenue ChangeExpense ChangeAsset Change
2023+48.8%+41.6%+3.1%
2022+13.1%+102.6%+5.0%
2021+39.1%-20.2%+9.8%
2020-49.2%-38.5%+7.9%
2019+9.5%+12.0%+10.0%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date1964

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Association Of Medical Illustrators demonstrates a generally stable financial position, with assets consistently exceeding liabilities across all reported periods. While revenue and expenses have fluctuated, particularly with a notable increase in both in 2023 ($751,132 revenue, $870,508 expenses), the organization has maintained a healthy asset base, reaching $1,274,742 in 2023. The consistent reporting of 0% officer compensation across all filings indicates a strong commitment to volunteer leadership or that compensation is not reported in this section, which enhances transparency regarding how funds are allocated. However, the organization has experienced periods where expenses exceeded revenue, such as in 2023, 2022, and 2020, suggesting a need for careful financial management to ensure long-term sustainability without drawing down reserves excessively. The significant increase in liabilities in 2023 to $466,965, up from $400,326 in 2022, warrants further investigation to understand its nature and impact on financial health.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Association Of Medical Illustrators with a Mission Score of 85 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: 15%
  • programs: 80%
  • fundraising: 5%

According to IRS 990 filings, Association Of Medical Illustrators allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$751KTotal Revenue
$871KTotal Expenses
$1.3MTotal Assets
$467KTotal Liabilities
$808KNet Assets
  • The organization reported a deficit of $119K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 36.6%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is a positive sign for resource allocation directly to its mission.

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 Medical Illustrators's IRS 990 filings:

  • Expenses exceeded revenue in multiple recent periods (2023, 2022, 2020), indicating potential reliance on reserves or increasing liabilities.
  • Significant increase in liabilities in 2023 to $466,965, up from $97,295 in 2021, warrants further investigation.

Strengths

The following positive indicators were identified for Association Of Medical Illustrators:

  • Consistent reporting of 0% officer compensation across all filings, suggesting efficient use of funds for mission-related activities.
  • Strong and growing asset base, reaching $1,274,742 in 2023, providing financial stability.
  • Maintained a positive net asset position in all reported periods, indicating long-term solvency.

Frequently Asked Questions about Association Of Medical Illustrators

Is Association Of Medical Illustrators a legitimate charity?

Association Of Medical Illustrators (EIN: 136188707) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $1.4M. 2 red flags identified. 3 strengths noted. Financial health grade: B.

How does Association Of Medical Illustrators spend its money?

Association Of Medical Illustrators directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Association Of Medical Illustrators tax-deductible?

Association Of Medical Illustrators is registered as a tax-exempt nonprofit (EIN: 136188707). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Association Of Medical Illustrators's spending goes to programs?

Association Of Medical Illustrators directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is Association Of Medical Illustrators located?

Association Of Medical Illustrators is headquartered in Lexington, Kentucky and files with the IRS under EIN 136188707.

How many years of IRS 990 filings does Association Of Medical Illustrators have?

Association Of Medical Illustrators 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 $1.4M in total revenue.

Is the Association Of Medical Illustrators a good charity?

Based on the available data, the Association Of Medical Illustrators appears to be a well-managed organization with a strong asset base and no reported officer compensation, suggesting efficient use of funds. However, periods where expenses exceed revenue (e.g., 2023, 2022) warrant monitoring.

Why did expenses exceed revenue in 2023 and 2022?

In 2023, expenses were $870,508 against revenues of $751,132, and in 2022, expenses were $614,693 against revenues of $504,766. This indicates the organization spent more than it earned in those periods, potentially drawing from reserves or incurring debt. Further detail from the full 990 filing would be needed to understand the specific reasons for these deficits, such as one-time investments or increased program costs.

What caused the significant increase in liabilities in 2023?

Liabilities increased from $400,326 in 2022 to $466,965 in 2023. This increase could be due to various factors such as deferred revenue, accounts payable, or new debt. Without more detailed financial statements, the exact cause and its implications for the organization's financial health are unclear.

Filing History

IRS 990 filing history for Association Of Medical Illustrators showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2023), Association Of Medical Illustrators's revenue has grown by 50.1%, moving from $501K to $751K. Total assets increased by 118.8% over the same period, from $583K to $1.3M. Total functional expenses rose by 112%, from $411K to $871K. In its most recent filing year (2023), Association Of Medical Illustrators reported a deficit of $119K, with expenses exceeding revenue. The organization holds $467K in liabilities against $1.3M in assets (debt-to-asset ratio: 36.6%), resulting in net assets of $808K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $751K $871K $1.3M $467K View 990
2022 $505K $615K $1.2M $400K
2021 $446K $303K $1.2M $97K View 990
2020 $321K $380K $1.1M $144K
2019 $632K $618K $994K $62K
2018 $577K $552K $904K $53K View 990
2017 $562K $516K $954K $45K View 990
2015 $566K $493K $848K $59K View 990
2014 $560K $494K $821K $53K View 990
2013 $497K $453K $767K $59K View 990
2012 $585K $532K $653K $35K View 990
2011 $501K $411K $583K $47K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $751K, expenses of $871K, and assets of $1.3M (revenue +48.8% year-over-year).
  • 2022: Revenue of $505K, expenses of $615K, and assets of $1.2M (revenue +13.1% year-over-year).
  • 2021: Revenue of $446K, expenses of $303K, and assets of $1.2M (revenue +39.1% year-over-year).
  • 2020: Revenue of $321K, expenses of $380K, and assets of $1.1M (revenue -49.2% year-over-year).
  • 2019: Revenue of $632K, expenses of $618K, and assets of $994K (revenue +9.5% year-over-year).
  • 2018: Revenue of $577K, expenses of $552K, and assets of $904K (revenue +2.6% year-over-year).
  • 2017: Revenue of $562K, expenses of $516K, and assets of $954K (revenue -0.6% year-over-year).
  • 2015: Revenue of $566K, expenses of $493K, and assets of $848K (revenue +1.1% year-over-year).
  • 2014: Revenue of $560K, expenses of $494K, and assets of $821K (revenue +12.7% year-over-year).
  • 2013: Revenue of $497K, expenses of $453K, and assets of $767K (revenue -15.1% year-over-year).
  • 2012: Revenue of $585K, expenses of $532K, and assets of $653K (revenue +16.9% year-over-year).
  • 2011: Revenue of $501K, expenses of $411K, and assets of $583K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Association Of Medical Illustrators:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Association Of Medical Illustrators 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.

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