Central And Eastern European Art Foundation
EIN: 521572016 · Bethesda, MD · NTEE: A51Z
| Metric | Value |
|---|---|
| Total Revenue | $239K |
| Total Expenses | $328K |
| Net Assets | $2.8M |
Is Central And Eastern European Art Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Central And Eastern European Art Foundation
Central And Eastern European Art Foundation (EIN: 521572016) is a nonprofit organization based in Bethesda, MD, classified under NTEE code A51Z. The organization reported total revenue of $239K and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Central And Eastern European Art Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Central And Eastern European Art Foundation is a small nonprofit that has been operating for 38 years, with 11 years of IRS 990 filings on record (2010–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $262K |
| Total Expenses | $328K |
| Surplus / Deficit | $-66,178 |
| Total Assets | $3.0M |
| Total Liabilities | $232K |
| Net Assets | $2.8M |
| Operating Margin | -25.3% |
| Debt-to-Asset Ratio | 7.6% |
| Months of Reserves | 111.6 months |
Financial Health Grade: B
In 2023, Central And Eastern European Art Foundation reported a deficit of $66K with expenses exceeding revenue, holds 111.6 months of operating reserves (strong position), has a debt-to-asset ratio of 7.6% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.2% | -5.9% | -1.3% |
| 2022 | -16.2% | +5.8% | -6.1% |
| 2021 | +15.3% | +14.3% | -5.0% |
| 2020 | -22.7% | -52.9% | +3.8% |
| 2019 | +180.0% | -13.9% | -10.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Central And Eastern European Art 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 Central And Eastern European Art 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 $66K, with expenses exceeding revenue.
- Debt-to-asset ratio: 7.6%.
Frequently Asked Questions about Central And Eastern European Art Foundation
Is Central And Eastern European Art Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Central And Eastern European Art Foundation (EIN: 521572016) insufficient data. 0 red flags identified, 0 strengths noted.
How does Central And Eastern European Art Foundation spend its money?
Detailed spending breakdown data is not yet available for Central And Eastern European Art Foundation. Check back for updated IRS 990 analysis.
Are donations to Central And Eastern European Art Foundation tax-deductible?
Central And Eastern European Art Foundation is registered as a tax-exempt nonprofit (EIN: 521572016). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Central And Eastern European Art Foundation located?
Central And Eastern European Art Foundation is headquartered in Bethesda, Maryland and files with the IRS under EIN 521572016. It is classified under NTEE code A51Z.
How many years of IRS 990 filings does Central And Eastern European Art Foundation have?
Central And Eastern European Art Foundation has 11 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 $239K in total revenue.
Filing History
IRS 990 filing history for Central And Eastern European Art Foundation showing financial trends over 11 years of public records:
Total assets increased by 296519% over the same period, from $1K to $3.0M. Total functional expenses rose by 1638340%, from $20 to $328K. In its most recent filing year (2023), Central And Eastern European Art Foundation reported a deficit of $66K, with expenses exceeding revenue. The organization holds $232K in liabilities against $3.0M in assets (debt-to-asset ratio: 7.6%), resulting in net assets of $2.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $262K | $328K | $3.0M | $232K | — | View 990 |
| 2022 | $237K | $348K | $3.1M | $239K | — | View 990 |
| 2021 | $283K | $329K | $3.3M | $234K | — | View 990 |
| 2020 | $246K | $288K | $3.5M | $258K | — | — |
| 2019 | $318K | $611K | $3.3M | $263K | — | View 990 |
| 2015 | $113K | $710K | $3.7M | $200K | — | View 990 |
| 2014 | $62K | $352K | $4.3M | $200K | — | View 990 |
| 2013 | $4.7M | $270K | $4.6M | $200K | — | View 990 |
| 2012 | $0 | $0 | $1K | $0 | — | View 990 |
| 2011 | $0 | $0 | $1K | $0 | — | View 990 |
| 2010 | $0 | $20 | $1K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $262K, expenses of $328K, and assets of $3.0M (revenue +10.2% year-over-year).
- 2022: Revenue of $237K, expenses of $348K, and assets of $3.1M (revenue -16.2% year-over-year).
- 2021: Revenue of $283K, expenses of $329K, and assets of $3.3M (revenue +15.3% year-over-year).
- 2020: Revenue of $246K, expenses of $288K, and assets of $3.5M (revenue -22.7% year-over-year).
- 2019: Revenue of $318K, expenses of $611K, and assets of $3.3M (revenue +180.0% year-over-year).
- 2015: Revenue of $113K, expenses of $710K, and assets of $3.7M (revenue +83.0% year-over-year).
- 2014: Revenue of $62K, expenses of $352K, and assets of $4.3M (revenue -98.7% year-over-year).
- 2013: Revenue of $4.7M, expenses of $270K, and assets of $4.6M.
- 2012: Revenue of $0, expenses of $0, and assets of $1K.
- 2011: Revenue of $0, expenses of $0, and assets of $1K.
- 2010: Revenue of $0, expenses of $20, and assets of $1K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Central And Eastern European Art Foundation:
Data Sources and Methodology
This transparency report for Central And Eastern European Art 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.