Cny Art Council Inc

Cny Art Council Inc shows consistent asset growth and no reported officer compensation over the last decade.

EIN: 205534306 · N Myrtle Bch, SC · NTEE: A26 · Updated: 2026-03-28

$57KRevenue

$43KAssets

85/100Mission Score (Excellent)

A26

About Cny Art Council Inc

Cny Art Council Inc (EIN: 205534306) is a nonprofit organization based in N Myrtle Bch, SC, classified under NTEE code A26. The organization reported total revenue of $57K and total assets of $43K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cny Art Council Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Cny Art Council Inc demonstrates consistent financial stability and growth over the past decade, with assets steadily increasing from $6,252 in 2014 to $42,876 currently. The organization consistently operates with a positive net income, as seen in 2023 where revenue of $50,296 exceeded expenses of $48,686. This indicates sound financial management and an ability to cover operational costs.

The organization's spending efficiency appears strong, particularly given that officer compensation has consistently been reported as 0% across all available filings. This suggests that the organization is run by volunteers or that compensation is minimal and not reported as officer compensation, allowing a greater proportion of funds to be directed towards its mission. The absence of liabilities in recent years (since 2015) further underscores a healthy financial position.

While specific program spending ratios are not explicitly detailed in the provided data, the consistent growth in assets and the lack of officer compensation are positive indicators of financial health and a focus on mission. The organization's consistent filing of IRS Form 990s over 13 periods also points to a commitment to transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Cny Art Council Inc with a Mission Score of 85 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, Cny Art Council 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.

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization is likely volunteer-led or that any compensation is not classified as officer compensation, allowing more funds to be allocated to programs.

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.

Strengths

The following positive indicators were identified for Cny Art Council Inc:

Consistent asset growth, from $6,252 in 2014 to $42,876 currently.
Zero reported officer compensation across all 13 filings, indicating efficient use of funds.
Absence of liabilities in recent years (since 2015), demonstrating strong financial management.
Consistent positive net income in most years, such as $1,610 in 2023 ($50,296 revenue vs. $48,686 expenses).
Regular IRS 990 filings over 13 periods, indicating good transparency.

Frequently Asked Questions about Cny Art Council Inc

Is Cny Art Council Inc a good charity?

Based on the provided data, Cny Art Council Inc appears to be a well-managed charity. It demonstrates consistent financial growth, operates without significant liabilities, and reports 0% officer compensation, suggesting a strong commitment to its mission and efficient use of funds.

How has Cny Art Council Inc's financial health changed over time?

Cny Art Council Inc has shown consistent financial improvement, with assets growing from $6,252 in 2014 to $42,876 currently. Revenue has also generally increased, from $33,775 in 2014 to $57,437 currently, indicating a stable and growing financial base.

What is Cny Art Council Inc's approach to executive compensation?

The organization consistently reports 0% officer compensation, suggesting a volunteer-driven leadership or a structure where executive roles are not compensated, which is a positive indicator for donor confidence.

Filing History

IRS 990 filing history for Cny Art Council Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Cny Art Council Inc's revenue has grown by 79%, moving from $28K to $50K. Total assets increased by 111.7% over the same period, from $15K to $31K. Total functional expenses rose by 47.1%, from $33K to $49K. In its most recent filing year (2023), Cny Art Council Inc reported a surplus of $2K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$50K	$49K	$31K	$0	—	View 990
2022	$44K	$34K	$29K	$0	—	View 990
2021	$22K	$23K	$20K	$0	—	—
2020	$47K	$43K	$21K	$0	—	View 990
2019	$43K	$40K	$17K	$0	—	View 990
2018	$42K	$40K	$15K	$0	—	View 990
2017	$41K	$39K	$13K	$0	—	—
2016	$41K	$36K	$10K	$0	—	View 990
2015	$35K	$36K	$6K	$0	—	View 990
2014	$34K	$35K	$6K	$9	—	View 990
2013	$31K	$34K	$7K	$0	—	View 990
2012	$33K	$38K	$9K	$0	—	View 990
2011	$28K	$33K	$15K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $50K, expenses of $49K, and assets of $31K (revenue +15.6% year-over-year).
2022: Revenue of $44K, expenses of $34K, and assets of $29K (revenue +98.7% year-over-year).
2021: Revenue of $22K, expenses of $23K, and assets of $20K (revenue -53.1% year-over-year).
2020: Revenue of $47K, expenses of $43K, and assets of $21K (revenue +9.4% year-over-year).
2019: Revenue of $43K, expenses of $40K, and assets of $17K (revenue +0.5% year-over-year).
2018: Revenue of $42K, expenses of $40K, and assets of $15K (revenue +3.4% year-over-year).
2017: Revenue of $41K, expenses of $39K, and assets of $13K (revenue -0.1% year-over-year).
2016: Revenue of $41K, expenses of $36K, and assets of $10K (revenue +17.8% year-over-year).
2015: Revenue of $35K, expenses of $36K, and assets of $6K (revenue +3.3% year-over-year).
2014: Revenue of $34K, expenses of $35K, and assets of $6K (revenue +7.3% year-over-year).
2013: Revenue of $31K, expenses of $34K, and assets of $7K (revenue -3.7% year-over-year).
2012: Revenue of $33K, expenses of $38K, and assets of $9K (revenue +16.3% year-over-year).
2011: Revenue of $28K, expenses of $33K, and assets of $15K.

Data Sources and Methodology

This transparency report for Cny Art Council 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.