Black Artists Of Dc Inc
Black Artists Of Dc Inc reports no revenue or assets in its latest filing, following years of minimal financial activity.
EIN: 205212113 · Washington, DC · NTEE: A20 · Updated: 2026-03-28
Is Black Artists Of Dc Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Black Artists Of Dc Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Black Artists Of Dc Inc
Black Artists Of Dc Inc (EIN: 205212113) is a nonprofit organization based in Washington, DC, classified under NTEE code A20. 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 Black Artists Of Dc Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Black Artists Of Dc Inc is a micro nonprofit that has been operating for 13 years, with 6 years of IRS 990 filings on record (2013–2018). Revenue has grown at a compound annual rate of 16.8%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $6K |
| Total Expenses | $4K |
| Surplus / Deficit | +$2K |
| Total Assets | $6K |
| Net Assets | $6K |
| Operating Margin | 30.4% |
| Months of Reserves | 17.1 months |
Financial Health Grade: A
In 2018, Black Artists Of Dc Inc reported a surplus of $2K with revenue exceeding expenses, holds 17.1 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2013–2018), Black Artists Of Dc Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +0.9% | -9.1% | +44.2% |
| 2017 | +29.5% | +7.0% | +48.9% |
| 2016 | -1.1% | +12.7% | +12.1% |
| 2015 | -2.1% | +3.5% | +51.0% |
| 2014 | +71.5% | +182.0% | +185.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2013 |
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 Black Artists Of Dc Inc with a Mission Score of 70 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Black Artists Of Dc Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, indicating that the organization is entirely volunteer-run and does not pay its executives, which is appropriate for an organization of its small size and revenue.
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 Black Artists Of Dc Inc's IRS 990 filings:
- Latest filing shows $0 revenue and assets, indicating potential inactivity or operational challenges.
Strengths
The following positive indicators were identified for Black Artists Of Dc Inc:
- Consistently reports 0% officer compensation, indicating a volunteer-driven model.
- Maintained positive net assets in prior years, demonstrating financial stability at its scale.
- No reported liabilities across all filings, suggesting responsible financial management and avoidance of debt.
Frequently Asked Questions about Black Artists Of Dc Inc
Is Black Artists Of Dc Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Black Artists Of Dc Inc (EIN: 205212113) some concerns. Mission Score: 70/100. 1 red flag identified, 3 strengths noted.
How does Black Artists Of Dc Inc spend its money?
Black Artists Of Dc Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Black Artists Of Dc Inc tax-deductible?
Black Artists Of Dc Inc is registered as a tax-exempt nonprofit (EIN: 205212113). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Black Artists Of Dc Inc currently active, given its latest $0 revenue and assets?
The latest filing showing $0 in revenue and assets suggests the organization may be inactive or operating on an extremely limited, non-financial basis. Further inquiry would be needed to confirm its current operational status.
How does Black Artists Of Dc Inc fund its operations if it has no revenue?
Based on the latest filing, it appears the organization is not currently funding operations through reported revenue. In prior years, it relied on modest revenues, likely from donations or small grants, to cover its minimal expenses.
What are the specific program activities Black Artists Of Dc Inc engages in?
The provided data does not detail specific program activities. However, given its NTEE code (A20 - Arts, Culture & Humanities), it likely focuses on promoting or supporting black artists in the DC area.
Filing History
IRS 990 filing history for Black Artists Of Dc Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2013–2018), Black Artists Of Dc Inc's revenue has grown by 117%, moving from $3K to $6K. Total assets increased by 937.6% over the same period, from $550 to $6K. Total functional expenses rose by 220%, from $1K to $4K. In its most recent filing year (2018), Black Artists Of Dc Inc reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $6K | $4K | $6K | $0 | — | View 990 |
| 2017 | $6K | $4K | $4K | $0 | — | — |
| 2016 | $4K | $4K | $3K | $0 | — | View 990 |
| 2015 | $4K | $4K | $2K | $0 | — | View 990 |
| 2014 | $5K | $4K | $2K | $0 | — | View 990 |
| 2013 | $3K | $1K | $550 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $6K, expenses of $4K, and assets of $6K (revenue +0.9% year-over-year).
- 2017: Revenue of $6K, expenses of $4K, and assets of $4K (revenue +29.5% year-over-year).
- 2016: Revenue of $4K, expenses of $4K, and assets of $3K (revenue -1.1% year-over-year).
- 2015: Revenue of $4K, expenses of $4K, and assets of $2K (revenue -2.1% year-over-year).
- 2014: Revenue of $5K, expenses of $4K, and assets of $2K (revenue +71.5% year-over-year).
- 2013: Revenue of $3K, expenses of $1K, and assets of $550.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Black Artists Of Dc Inc:
Data Sources and Methodology
This transparency report for Black Artists Of Dc 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.