Barbara Ingram School For The Arts Foundation
EIN: 261403515 · Hagerstown, MD · NTEE: B112
| Metric | Value |
|---|---|
| Total Revenue | $436K |
| Total Expenses | $260K |
| Net Assets | $2.1M |
Is Barbara Ingram School For The Arts Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Barbara Ingram School For The Arts Foundation
Barbara Ingram School For The Arts Foundation (EIN: 261403515) is a nonprofit organization based in Hagerstown, MD, classified under NTEE code B112. The organization reported total revenue of $436K and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Barbara Ingram School For The Arts Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Barbara Ingram School For The Arts Foundation is a small nonprofit that has been operating for 18 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 6.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $204K |
| Total Expenses | $260K |
| Surplus / Deficit | $-56,547 |
| Total Assets | $2.1M |
| Total Liabilities | $31K |
| Net Assets | $2.1M |
| Operating Margin | -27.7% |
| Debt-to-Asset Ratio | 1.5% |
| Months of Reserves | 98.7 months |
Financial Health Grade: B
In 2023, Barbara Ingram School For The Arts Foundation reported a deficit of $57K with expenses exceeding revenue, holds 98.7 months of operating reserves (strong position), has a debt-to-asset ratio of 1.5% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Barbara Ingram School For The Arts Foundation's revenue has grown at a compound annual growth rate (CAGR) of 6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -34.0% | +7.9% | +1.6% |
| 2022 | +27.5% | +25.7% | -6.9% |
| 2021 | -79.6% | +12.2% | +20.1% |
| 2020 | +245.2% | -13.6% | +105.3% |
| 2019 | +32.8% | -0.8% | +16.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Barbara Ingram School For The Arts Foundation 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 Barbara Ingram School For The Arts Foundation 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 deficit of $57K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.5%.
Frequently Asked Questions about Barbara Ingram School For The Arts Foundation
Is Barbara Ingram School For The Arts Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Barbara Ingram School For The Arts Foundation (EIN: 261403515) insufficient data. 0 red flags identified, 0 strengths noted.
How does Barbara Ingram School For The Arts Foundation spend its money?
Detailed spending breakdown data is not yet available for Barbara Ingram School For The Arts Foundation. Check back for updated IRS 990 analysis.
Are donations to Barbara Ingram School For The Arts Foundation tax-deductible?
Barbara Ingram School For The Arts Foundation is registered as a tax-exempt nonprofit (EIN: 261403515). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Barbara Ingram School For The Arts Foundation located?
Barbara Ingram School For The Arts Foundation is headquartered in Hagerstown, Maryland and files with the IRS under EIN 261403515. It is classified under NTEE code B112.
How many years of IRS 990 filings does Barbara Ingram School For The Arts Foundation have?
Barbara Ingram School For The Arts Foundation 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 $436K in total revenue.
Filing History
IRS 990 filing history for Barbara Ingram School For The Arts Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Barbara Ingram School For The Arts Foundation's revenue has grown by 98.1%, moving from $103K to $204K. Total assets increased by 249.6% over the same period, from $613K to $2.1M. Total functional expenses rose by 146.1%, from $106K to $260K. In its most recent filing year (2023), Barbara Ingram School For The Arts Foundation reported a deficit of $57K, with expenses exceeding revenue. The organization holds $31K in liabilities against $2.1M in assets (debt-to-asset ratio: 1.5%), resulting in net assets of $2.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $204K | $260K | $2.1M | $31K | — | View 990 |
| 2022 | $309K | $241K | $2.1M | $29K | — | View 990 |
| 2021 | $242K | $192K | $2.3M | $28K | — | View 990 |
| 2020 | $1.2M | $171K | $1.9M | $21K | — | View 990 |
| 2019 | $343K | $198K | $918K | $20K | — | View 990 |
| 2018 | $259K | $200K | $791K | $26K | — | View 990 |
| 2017 | $196K | $183K | $685K | $20K | — | View 990 |
| 2016 | $219K | $190K | $635K | $29K | — | View 990 |
| 2015 | $268K | $234K | $636K | $26K | — | View 990 |
| 2014 | $215K | $173K | $717K | $67K | — | View 990 |
| 2013 | $131K | $143K | $631K | $21K | — | View 990 |
| 2012 | $103K | $106K | $613K | $21K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $204K, expenses of $260K, and assets of $2.1M (revenue -34.0% year-over-year).
- 2022: Revenue of $309K, expenses of $241K, and assets of $2.1M (revenue +27.5% year-over-year).
- 2021: Revenue of $242K, expenses of $192K, and assets of $2.3M (revenue -79.6% year-over-year).
- 2020: Revenue of $1.2M, expenses of $171K, and assets of $1.9M (revenue +245.2% year-over-year).
- 2019: Revenue of $343K, expenses of $198K, and assets of $918K (revenue +32.8% year-over-year).
- 2018: Revenue of $259K, expenses of $200K, and assets of $791K (revenue +31.7% year-over-year).
- 2017: Revenue of $196K, expenses of $183K, and assets of $685K (revenue -10.2% year-over-year).
- 2016: Revenue of $219K, expenses of $190K, and assets of $635K (revenue -18.5% year-over-year).
- 2015: Revenue of $268K, expenses of $234K, and assets of $636K (revenue +24.5% year-over-year).
- 2014: Revenue of $215K, expenses of $173K, and assets of $717K (revenue +64.8% year-over-year).
- 2013: Revenue of $131K, expenses of $143K, and assets of $631K (revenue +27.0% year-over-year).
- 2012: Revenue of $103K, expenses of $106K, and assets of $613K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Barbara Ingram School For The Arts Foundation:
Data Sources and Methodology
This transparency report for Barbara Ingram School For The Arts Foundation 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.