Boyle Heights Arts Conservatory
EIN: 272681809 · Los Angeles, CA · NTEE: A25
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $1.2M |
| Net Assets | $639K |
Is Boyle Heights Arts Conservatory Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Boyle Heights Arts Conservatory
Boyle Heights Arts Conservatory (EIN: 272681809) is a nonprofit organization based in Los Angeles, CA, classified under NTEE code A25. The organization reported total revenue of $2.6M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Boyle Heights Arts Conservatory's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Boyle Heights Arts Conservatory is a mid-size nonprofit that has been operating for 15 years, with 14 years of IRS 990 filings on record (2010–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$138K |
| Total Assets | $750K |
| Total Liabilities | $110K |
| Net Assets | $639K |
| Operating Margin | 10.1% |
| Debt-to-Asset Ratio | 14.7% |
| Months of Reserves | 7.3 months |
Financial Health Grade: A
In 2023, Boyle Heights Arts Conservatory reported a surplus of $138K with revenue exceeding expenses, holds 7.3 months of operating reserves (strong position), has a debt-to-asset ratio of 14.7% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +47.8% | +134.7% | +19.2% |
| 2022 | +167.3% | +96.7% | +137.9% |
| 2021 | -31.6% | -27.0% | +23.6% |
| 2020 | +181.1% | +48.4% | +396.6% |
| 2019 | -33.2% | +36.9% | -72.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Boyle Heights Arts Conservatory 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 Boyle Heights Arts Conservatory 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 surplus of $138K, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.7%.
Frequently Asked Questions about Boyle Heights Arts Conservatory
Is Boyle Heights Arts Conservatory a legitimate charity?
Boyle Heights Arts Conservatory (EIN: 272681809) is a registered tax-exempt nonprofit based in California. It has 14 years of IRS 990 filings on record. Total revenue: $2.6M. No red flags identified. Financial health grade: A.
How does Boyle Heights Arts Conservatory spend its money?
Boyle Heights Arts Conservatory reported $2.6M in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Boyle Heights Arts Conservatory tax-deductible?
Boyle Heights Arts Conservatory is registered as a tax-exempt nonprofit (EIN: 272681809). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Boyle Heights Arts Conservatory located?
Boyle Heights Arts Conservatory is headquartered in Los Angeles, California and files with the IRS under EIN 272681809. It is classified under NTEE code A25.
How many years of IRS 990 filings does Boyle Heights Arts Conservatory have?
Boyle Heights Arts Conservatory has 14 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 $2.6M in total revenue.
Filing History
IRS 990 filing history for Boyle Heights Arts Conservatory showing financial trends over 14 years of public records:
Total assets increased by 74957900% over the same period, from $1 to $750K. In its most recent filing year (2023), Boyle Heights Arts Conservatory reported a surplus of $138K, with revenue exceeding expenses. The organization holds $110K in liabilities against $750K in assets (debt-to-asset ratio: 14.7%), resulting in net assets of $639K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.2M | $750K | $110K | — | — |
| 2022 | $924K | $523K | $629K | $83K | — | View 990 |
| 2021 | $346K | $266K | $264K | $121K | — | View 990 |
| 2020 | $505K | $364K | $214K | $154K | — | — |
| 2019 | $180K | $245K | $43K | $184K | — | View 990 |
| 2018 | $269K | $179K | $154K | $197K | — | View 990 |
| 2017 | $67K | $48K | $56K | $189K | — | View 990 |
| 2016 | $48K | $60K | $57K | $208K | — | View 990 |
| 2015 | $25K | $56K | $38K | $178K | — | View 990 |
| 2014 | $25K | $53K | $42K | $139K | — | View 990 |
| 2013 | $0 | $5K | $44K | $90K | — | View 990 |
| 2012 | $4K | $24K | $5K | $45K | — | View 990 |
| 2011 | $2K | $21K | $5K | $24K | — | View 990 |
| 2010 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.2M, and assets of $750K (revenue +47.8% year-over-year).
- 2022: Revenue of $924K, expenses of $523K, and assets of $629K (revenue +167.3% year-over-year).
- 2021: Revenue of $346K, expenses of $266K, and assets of $264K (revenue -31.6% year-over-year).
- 2020: Revenue of $505K, expenses of $364K, and assets of $214K (revenue +181.1% year-over-year).
- 2019: Revenue of $180K, expenses of $245K, and assets of $43K (revenue -33.2% year-over-year).
- 2018: Revenue of $269K, expenses of $179K, and assets of $154K (revenue +302.7% year-over-year).
- 2017: Revenue of $67K, expenses of $48K, and assets of $56K (revenue +40.0% year-over-year).
- 2016: Revenue of $48K, expenses of $60K, and assets of $57K (revenue +94.5% year-over-year).
- 2015: Revenue of $25K, expenses of $56K, and assets of $38K (revenue -1.1% year-over-year).
- 2014: Revenue of $25K, expenses of $53K, and assets of $42K.
- 2013: Revenue of $0, expenses of $5K, and assets of $44K (revenue -100.0% year-over-year).
- 2012: Revenue of $4K, expenses of $24K, and assets of $5K (revenue +94.6% year-over-year).
- 2011: Revenue of $2K, expenses of $21K, and assets of $5K.
- 2010: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Boyle Heights Arts Conservatory:
Data Sources and Methodology
This transparency report for Boyle Heights Arts Conservatory 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.