Clay Art Center Inc
Clay Art Center Inc shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 204611534 · Port Chester, NY · NTEE: A25 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $1.5M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1.7 |
| Net Assets | $929K |
| Transparency Score | 92/100 |
Is Clay Art Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Clay Art Center Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Clay Art Center Inc
Clay Art Center Inc (EIN: 204611534) is a nonprofit organization based in Port Chester, NY, classified under NTEE code A25. The organization reported total revenue of $1.7M and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Clay Art Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Clay Art Center Inc is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$241K |
| Total Assets | $1.8M |
| Total Liabilities | $885K |
| Net Assets | $929K |
| Operating Margin | 13.7% |
| Debt-to-Asset Ratio | 48.8% |
| Months of Reserves | 14.4 months |
Financial Health Grade: A
In 2023, Clay Art Center Inc reported a surplus of $241K with revenue exceeding expenses, holds 14.4 months of operating reserves (strong position), has a debt-to-asset ratio of 48.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Clay Art Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.0% | +15.8% | +100.0% |
| 2022 | +6.7% | +13.9% | +24.6% |
| 2021 | +48.6% | +18.9% | +26.9% |
| 2020 | -20.5% | -13.5% | -1.6% |
| 2019 | -11.8% | +5.0% | +1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
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 Clay Art Center Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Clay Art Center Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $241K, with revenue exceeding expenses.
- Debt-to-asset ratio: 48.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with revenues exceeding $1.7 million. This suggests either a volunteer-led executive team or compensation structured in a way not categorized as 'officer compensation' on the 990.
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 Clay Art Center Inc's IRS 990 filings:
- Lack of reported officer compensation may obscure full executive compensation picture.
Strengths
The following positive indicators were identified for Clay Art Center Inc:
- Consistent revenue growth over a decade, from $867,132 in 201408 to $1,755,793 in 202308.
- Strong financial health with consistent operating surpluses, e.g., $240,668 surplus in 202308.
- Significant asset growth, from $332,475 in 201408 to $1,813,866 in 202308.
- No reported officer compensation, suggesting high dedication of funds to mission or volunteer leadership.
Frequently Asked Questions about Clay Art Center Inc
Is Clay Art Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Clay Art Center Inc (EIN: 204611534) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Clay Art Center Inc spend its money?
Clay Art Center Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Clay Art Center Inc tax-deductible?
Clay Art Center Inc is registered as a tax-exempt nonprofit (EIN: 204611534). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Clay Art Center Inc CEO make?
Clay Art Center Inc's highest-compensated officer earns $1.7 annually. The organization reported $1.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Clay Art Center Inc's spending goes to programs?
Clay Art Center Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Clay Art Center Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Clay Art Center Inc is above average for NTEE category A25 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Clay Art Center Inc located?
Clay Art Center Inc is headquartered in Port Chester, New York and files with the IRS under EIN 204611534. It is classified under NTEE code A25.
How many years of IRS 990 filings does Clay Art Center Inc have?
Clay Art Center Inc 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 $1.7M in total revenue.
How does Clay Art Center Inc manage to operate without reporting any officer compensation?
The IRS 990 filings consistently show 0% officer compensation. This could indicate a volunteer-led executive team, or that executive compensation is structured differently and reported under other expense categories, or that the individuals in officer roles are compensated through other entities.
What is the primary driver of Clay Art Center Inc's significant asset growth?
Clay Art Center Inc's assets grew from $332,475 in 201408 to $1,813,866 in 202308. This growth is likely driven by consistent revenue surpluses, as seen in the 202308 period with a $240,668 surplus, and potentially through capital campaigns or significant donations for facility improvements or endowments.
What is the long-term sustainability of Clay Art Center Inc's financial model given its growth?
The organization has demonstrated a strong trend of revenue growth and expense management, consistently operating with a surplus. This indicates a sustainable financial model, especially with increasing assets providing a stronger financial base. The challenge will be to maintain this growth and efficiency as the organization scales.
Filing History
IRS 990 filing history for Clay Art Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Clay Art Center Inc's revenue has grown by 138.8%, moving from $735K to $1.8M. Total assets increased by 570.8% over the same period, from $270K to $1.8M. Total functional expenses rose by 120.1%, from $688K to $1.5M. In its most recent filing year (2023), Clay Art Center Inc reported a surplus of $241K, with revenue exceeding expenses. The organization holds $885K in liabilities against $1.8M in assets (debt-to-asset ratio: 48.8%), resulting in net assets of $929K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.5M | $1.8M | $885K | — | View 990 |
| 2022 | $1.4M | $1.3M | $907K | $219K | — | View 990 |
| 2021 | $1.3M | $1.1M | $728K | $148K | — | View 990 |
| 2020 | $893K | $966K | $574K | $172K | — | View 990 |
| 2019 | $1.1M | $1.1M | $583K | $108K | — | View 990 |
| 2018 | $1.3M | $1.1M | $573K | $105K | — | View 990 |
| 2017 | $1.1M | $1.0M | $394K | $93K | — | View 990 |
| 2016 | $916K | $950K | $301K | $71K | — | View 990 |
| 2015 | $953K | $960K | $335K | $71K | — | View 990 |
| 2014 | $867K | $855K | $332K | $62K | — | View 990 |
| 2013 | $808K | $823K | $312K | $54K | — | View 990 |
| 2012 | $796K | $752K | $344K | $71K | — | View 990 |
| 2011 | $735K | $688K | $270K | $39K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.5M, and assets of $1.8M (revenue +24.0% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.3M, and assets of $907K (revenue +6.7% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.1M, and assets of $728K (revenue +48.6% year-over-year).
- 2020: Revenue of $893K, expenses of $966K, and assets of $574K (revenue -20.5% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.1M, and assets of $583K (revenue -11.8% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.1M, and assets of $573K (revenue +18.0% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.0M, and assets of $394K (revenue +17.7% year-over-year).
- 2016: Revenue of $916K, expenses of $950K, and assets of $301K (revenue -3.9% year-over-year).
- 2015: Revenue of $953K, expenses of $960K, and assets of $335K (revenue +9.9% year-over-year).
- 2014: Revenue of $867K, expenses of $855K, and assets of $332K (revenue +7.3% year-over-year).
- 2013: Revenue of $808K, expenses of $823K, and assets of $312K (revenue +1.6% year-over-year).
- 2012: Revenue of $796K, expenses of $752K, and assets of $344K (revenue +8.2% year-over-year).
- 2011: Revenue of $735K, expenses of $688K, and assets of $270K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Clay Art Center Inc:
Data Sources and Methodology
This transparency report for Clay Art Center 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.