Benefactors For The Arts Ltd
EIN: 50388272 · Newport, RI · NTEE: A120
| Metric | Value |
|---|---|
| Total Expenses | $10K |
| Net Assets | $61K |
Is Benefactors For The Arts Ltd Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Benefactors For The Arts Ltd
Benefactors For The Arts Ltd (EIN: 50388272) is a nonprofit organization based in Newport, RI, classified under NTEE code A120. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Benefactors For The Arts Ltd's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Benefactors For The Arts Ltd is a micro nonprofit that has been operating for 46 years, with 7 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $27K |
| Total Expenses | $10K |
| Surplus / Deficit | +$17K |
| Total Assets | $61K |
| Net Assets | $61K |
| Operating Margin | 61.9% |
| Months of Reserves | 69.9 months |
Financial Health Grade: A
In 2017, Benefactors For The Arts Ltd reported a surplus of $17K with revenue exceeding expenses, holds 69.9 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2011–2017), Benefactors For The Arts Ltd's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -2.1% | -35.4% | +38.6% |
| 2016 | +7.9% | +58.1% | +36.9% |
| 2015 | +29.5% | -50.7% | +96.1% |
| 2014 | +99.0% | +39.2% | +2.5% |
| 2013 | -46.3% | -23.7% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1980 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Benefactors For The Arts Ltd 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 Benefactors For The Arts Ltd 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $17K, with revenue exceeding expenses.
Frequently Asked Questions about Benefactors For The Arts Ltd
Is Benefactors For The Arts Ltd a legitimate charity?
Benefactors For The Arts Ltd (EIN: 50388272) is a registered tax-exempt nonprofit based in Rhode Island. It has 7 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Benefactors For The Arts Ltd spend its money?
Benefactors For The Arts Ltd reported its financials in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Benefactors For The Arts Ltd tax-deductible?
Benefactors For The Arts Ltd is registered as a tax-exempt nonprofit (EIN: 50388272). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Benefactors For The Arts Ltd located?
Benefactors For The Arts Ltd is headquartered in Newport, Rhode Island and files with the IRS under EIN 50388272. It is classified under NTEE code A120.
How many years of IRS 990 filings does Benefactors For The Arts Ltd have?
Benefactors For The Arts Ltd has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Benefactors For The Arts Ltd showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2017), Benefactors For The Arts Ltd's revenue has grown by 24.6%, moving from $22K to $27K. Total assets increased by 264.2% over the same period, from $17K to $61K. Total functional expenses fell by 42.9%, from $18K to $10K. In its most recent filing year (2017), Benefactors For The Arts Ltd reported a surplus of $17K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $27K | $10K | $61K | $0 | — | View 990 |
| 2016 | $28K | $16K | $44K | $0 | — | View 990 |
| 2015 | $26K | $10K | $32K | $0 | — | View 990 |
| 2014 | $20K | $21K | $16K | $0 | — | View 990 |
| 2013 | $10K | $15K | $16K | $0 | — | View 990 |
| 2012 | $19K | $19K | $16K | $0 | — | View 990 |
| 2011 | $22K | $18K | $17K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $27K, expenses of $10K, and assets of $61K (revenue -2.1% year-over-year).
- 2016: Revenue of $28K, expenses of $16K, and assets of $44K (revenue +7.9% year-over-year).
- 2015: Revenue of $26K, expenses of $10K, and assets of $32K (revenue +29.5% year-over-year).
- 2014: Revenue of $20K, expenses of $21K, and assets of $16K (revenue +99.0% year-over-year).
- 2013: Revenue of $10K, expenses of $15K, and assets of $16K (revenue -46.3% year-over-year).
- 2012: Revenue of $19K, expenses of $19K, and assets of $16K (revenue -14.7% year-over-year).
- 2011: Revenue of $22K, expenses of $18K, and assets of $17K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Benefactors For The Arts Ltd:
Data Sources and Methodology
This transparency report for Benefactors For The Arts Ltd 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.