Carving Studio And Sculpture Center
EIN: 30325486 · West Rutland, VT · NTEE: A400
| Metric | Value |
|---|---|
| Total Revenue | $416K |
| Total Expenses | $413K |
| Net Assets | $734K |
Is Carving Studio And Sculpture Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Carving Studio And Sculpture Center
Carving Studio And Sculpture Center (EIN: 30325486) is a nonprofit organization based in West Rutland, VT, classified under NTEE code A400. The organization reported total revenue of $416K and total assets of $872K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carving Studio And Sculpture Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Carving Studio And Sculpture Center is a small nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $363K |
| Total Expenses | $413K |
| Surplus / Deficit | $-50,157 |
| Total Assets | $859K |
| Total Liabilities | $124K |
| Net Assets | $734K |
| Operating Margin | -13.8% |
| Debt-to-Asset Ratio | 14.5% |
| Months of Reserves | 24.9 months |
Financial Health Grade: B
In 2023, Carving Studio And Sculpture Center reported a deficit of $50K with expenses exceeding revenue, holds 24.9 months of operating reserves (strong position), has a debt-to-asset ratio of 14.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Carving Studio And Sculpture Center's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.7% | +9.8% | -5.6% |
| 2022 | -0.3% | +26.3% | +0.8% |
| 2021 | +33.9% | +14.2% | +11.4% |
| 2020 | -32.5% | -35.5% | +23.9% |
| 2019 | +21.9% | +5.5% | +6.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Carving Studio And Sculpture Center 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 Carving Studio And Sculpture Center 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 $50K, with expenses exceeding revenue.
- Debt-to-asset ratio: 14.5%.
Frequently Asked Questions about Carving Studio And Sculpture Center
Is Carving Studio And Sculpture Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Carving Studio And Sculpture Center (EIN: 30325486) insufficient data. 0 red flags identified, 0 strengths noted.
How does Carving Studio And Sculpture Center spend its money?
Detailed spending breakdown data is not yet available for Carving Studio And Sculpture Center. Check back for updated IRS 990 analysis.
Are donations to Carving Studio And Sculpture Center tax-deductible?
Carving Studio And Sculpture Center is registered as a tax-exempt nonprofit (EIN: 30325486). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Carving Studio And Sculpture Center located?
Carving Studio And Sculpture Center is headquartered in West Rutland, Vermont and files with the IRS under EIN 30325486. It is classified under NTEE code A400.
How many years of IRS 990 filings does Carving Studio And Sculpture Center have?
Carving Studio And Sculpture Center has 13 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 $416K in total revenue.
Filing History
IRS 990 filing history for Carving Studio And Sculpture Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Carving Studio And Sculpture Center's revenue has grown by 75.5%, moving from $207K to $363K. Total assets increased by 69.4% over the same period, from $507K to $859K. Total functional expenses rose by 56.8%, from $264K to $413K. In its most recent filing year (2023), Carving Studio And Sculpture Center reported a deficit of $50K, with expenses exceeding revenue. The organization holds $124K in liabilities against $859K in assets (debt-to-asset ratio: 14.5%), resulting in net assets of $734K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $363K | $413K | $859K | $124K | — | View 990 |
| 2022 | $393K | $376K | $910K | $125K | — | View 990 |
| 2021 | $394K | $298K | $902K | $130K | — | — |
| 2020 | $294K | $261K | $810K | $134K | — | View 990 |
| 2019 | $436K | $404K | $654K | $12K | — | View 990 |
| 2018 | $358K | $383K | $612K | $1K | — | View 990 |
| 2017 | $445K | $337K | $642K | $7K | — | View 990 |
| 2016 | $255K | $279K | $542K | $14K | — | View 990 |
| 2015 | $244K | $240K | $556K | $4K | — | View 990 |
| 2014 | $232K | $267K | $560K | $12K | — | View 990 |
| 2013 | $290K | $271K | $590K | $7K | — | View 990 |
| 2012 | $307K | $248K | $566K | $3K | — | View 990 |
| 2011 | $207K | $264K | $507K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $363K, expenses of $413K, and assets of $859K (revenue -7.7% year-over-year).
- 2022: Revenue of $393K, expenses of $376K, and assets of $910K (revenue -0.3% year-over-year).
- 2021: Revenue of $394K, expenses of $298K, and assets of $902K (revenue +33.9% year-over-year).
- 2020: Revenue of $294K, expenses of $261K, and assets of $810K (revenue -32.5% year-over-year).
- 2019: Revenue of $436K, expenses of $404K, and assets of $654K (revenue +21.9% year-over-year).
- 2018: Revenue of $358K, expenses of $383K, and assets of $612K (revenue -19.5% year-over-year).
- 2017: Revenue of $445K, expenses of $337K, and assets of $642K (revenue +74.2% year-over-year).
- 2016: Revenue of $255K, expenses of $279K, and assets of $542K (revenue +4.6% year-over-year).
- 2015: Revenue of $244K, expenses of $240K, and assets of $556K (revenue +5.3% year-over-year).
- 2014: Revenue of $232K, expenses of $267K, and assets of $560K (revenue -20.0% year-over-year).
- 2013: Revenue of $290K, expenses of $271K, and assets of $590K (revenue -5.7% year-over-year).
- 2012: Revenue of $307K, expenses of $248K, and assets of $566K (revenue +48.4% year-over-year).
- 2011: Revenue of $207K, expenses of $264K, and assets of $507K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Carving Studio And Sculpture Center:
Data Sources and Methodology
This transparency report for Carving Studio And Sculpture Center 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.