Ethan Allen Institute
Ethan Allen Institute: Declining Revenue and Asset Base Raise Sustainability Concerns
EIN: 223092292 · S Burlington, VT · NTEE: A72E · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $287K |
| Total Expenses | $368K |
| Program Spending | 70% |
| Net Assets | $26K |
| Transparency Score | 75/100 |
Is Ethan Allen Institute Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ethan Allen Institute directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Ethan Allen Institute
Ethan Allen Institute (EIN: 223092292) is a nonprofit organization based in S Burlington, VT, classified under NTEE code A72E. The organization reported total revenue of $287K and total assets of $26K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ethan Allen Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ethan Allen Institute is a small nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $287K |
| Total Expenses | $368K |
| Surplus / Deficit | $-81,017 |
| Total Assets | $26K |
| Net Assets | $26K |
| Operating Margin | -28.2% |
| Months of Reserves | 0.9 months |
Financial Health Grade: C
In 2023, Ethan Allen Institute reported a deficit of $81K with expenses exceeding revenue, holds 0.9 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Ethan Allen Institute's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +96.9% | +72.6% | -75.6% |
| 2022 | -23.8% | +1.9% | -38.6% |
| 2021 | -12.6% | +1.7% | -9.2% |
| 2020 | -14.0% | -17.1% | +7.4% |
| 2019 | -13.1% | +5.2% | +12.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
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 Ethan Allen Institute with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Ethan Allen Institute allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $81K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation cannot be assessed from the provided data as no specific figures for salaries or compensation are available in the filings.
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 Ethan Allen Institute's IRS 990 filings:
- Significant decline in total assets by over 86% from 2020 ($193,038) to 2023 ($26,224), indicating potential financial instability.
- Expenses ($368,477 in 2023) consistently exceed revenue ($287,460 in 2023) in recent years, leading to a depletion of assets.
- Lack of specific executive compensation details in the provided data limits transparency regarding leadership remuneration.
Strengths
The following positive indicators were identified for Ethan Allen Institute:
- Consistent reporting of 0% lobbying expenses aligns with a focus on non-lobbying advocacy or research.
- The organization has maintained operations for several years despite financial fluctuations, demonstrating resilience.
- Revenue saw a significant rebound in 2023 to $287,460 after a low of $145,959 in 2022.
Frequently Asked Questions about Ethan Allen Institute
Is Ethan Allen Institute a legitimate charity?
Ethan Allen Institute (EIN: 223092292) is a registered tax-exempt nonprofit based in Vermont. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $287K. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Ethan Allen Institute spend its money?
Ethan Allen Institute directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to Ethan Allen Institute tax-deductible?
Ethan Allen Institute is registered as a tax-exempt nonprofit (EIN: 223092292). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ethan Allen Institute's spending goes to programs?
Ethan Allen Institute directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Ethan Allen Institute compare to similar nonprofits?
With a transparency score of 75/100 (Good), Ethan Allen Institute is above average for NTEE category A72E nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ethan Allen Institute located?
Ethan Allen Institute is headquartered in S Burlington, Vermont and files with the IRS under EIN 223092292. It is classified under NTEE code A72E.
How many years of IRS 990 filings does Ethan Allen Institute have?
Ethan Allen Institute 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 $287K in total revenue.
What does Ethan Allen Institute do?
Ethan Allen Institute is a nonprofit organization in the Arts, Culture & Humanities sector, located in S Burlington, Vermont. It is classified under NTEE code A72E.
How much revenue does Ethan Allen Institute have?
Ethan Allen Institute reported total revenue of $287,460. Based on 13 IRS 990 filings on record.
What are Ethan Allen Institute's total assets?
Ethan Allen Institute holds total assets of $26,224 as reported in IRS 990 filings.
Where is Ethan Allen Institute located?
Ethan Allen Institute is based in S Burlington, Vermont.
What is Ethan Allen Institute's EIN?
Ethan Allen Institute's Employer Identification Number (EIN) is 223092292. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Ethan Allen Institute?
Ethan Allen Institute is classified under NTEE code A72E (Arts, Culture & Humanities).
Is Ethan Allen Institute a registered 501(c)(3)?
Yes, Ethan Allen Institute is recognized as a tax-exempt organization by the IRS. EIN: 223092292.
Does Ethan Allen Institute file IRS Form 990?
Yes, Ethan Allen Institute has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Ethan Allen Institute's revenue in 2023?
In the 202312 filing period, Ethan Allen Institute reported total revenue of $287,460, total expenses of $368,477, and net assets of $26,224.
Is Ethan Allen Institute's revenue growing or declining?
Ethan Allen Institute's revenue is growing. Revenue went from $145,959 (202212) to $287,460 (202312), a +96.9% change. Based on 13 filings on record.
What is Ethan Allen Institute's most recent 990 filing?
The most recent IRS Form 990 filing for Ethan Allen Institute covers tax period 202312. It shows revenue of $287,460, expenses of $368,477, total assets of $26,224, and liabilities of N/A.
How much does Ethan Allen Institute spend on programs vs administration?
Based on IRS 990 analysis, Ethan Allen Institute allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Ethan Allen Institute a trustworthy charity?
Based on AI analysis of IRS 990 data, Ethan Allen Institute appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Ethan Allen Institute?
The following concerns were identified: Significant decline in total assets by over 86% from 2020 ($193,038) to 2023 ($26,224), indicating potential financial instability.. Expenses ($368,477 in 2023) consistently exceed revenue ($287,460 in 2023) in recent years, leading to a depletion of assets.. Lack of specific executive compensation details in the provided data limits transparency regarding leadership remuneration.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Ethan Allen Institute's strengths?
Positive indicators for Ethan Allen Institute include: Consistent reporting of 0% lobbying expenses aligns with a focus on non-lobbying advocacy or research.. The organization has maintained operations for several years despite financial fluctuations, demonstrating resilience.. Revenue saw a significant rebound in 2023 to $287,460 after a low of $145,959 in 2022.. These findings are derived from AI analysis of the organization's financial filings.
How does Ethan Allen Institute compensate executives?
Executive compensation cannot be assessed from the provided data as no specific figures for salaries or compensation are available in the filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent trend of expenses exceeding revenue and the sharp decline in assets, what is the long-term sustainability plan for the Ethan Allen Institute?
The provided data suggests a concerning financial trajectory where expenses frequently outpace revenue, leading to a substantial reduction in assets. Without a clear strategy to reverse this trend, the organization's ability to sustain its operations in the long term is questionable.
How does the Ethan Allen Institute manage to continue operations with such a low asset base, and what are the implications for its operational capacity?
Operating with a significantly reduced asset base of $26,224 in 2023 suggests a very lean operational model, potentially relying heavily on immediate incoming revenue or minimal fixed costs. This could limit its capacity for future growth, large-scale projects, or weathering unexpected financial challenges.
Filing History
IRS 990 filing history for Ethan Allen Institute showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ethan Allen Institute's revenue has grown by 65.4%, moving from $174K to $287K. Total assets decreased by 72% over the same period, from $94K to $26K. Total functional expenses rose by 225.4%, from $113K to $368K. In its most recent filing year (2023), Ethan Allen Institute reported a deficit of $81K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $287K | $368K | $26K | $0 | — | — |
| 2022 | $146K | $214K | $108K | $0 | — | View 990 |
| 2021 | $192K | $209K | $175K | $0 | — | View 990 |
| 2020 | $219K | $206K | $193K | $0 | — | — |
| 2019 | $255K | $248K | $180K | $0 | — | View 990 |
| 2018 | $293K | $236K | $160K | $0 | — | View 990 |
| 2017 | $220K | $188K | $102K | $0 | — | View 990 |
| 2016 | $184K | $144K | $70K | $0 | — | View 990 |
| 2015 | $154K | $147K | $29K | $0 | — | View 990 |
| 2014 | $164K | $155K | $22K | $0 | — | View 990 |
| 2013 | $201K | $224K | $21K | $0 | — | View 990 |
| 2012 | $107K | $158K | $43K | $0 | — | View 990 |
| 2011 | $174K | $113K | $94K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $287K, expenses of $368K, and assets of $26K (revenue +96.9% year-over-year).
- 2022: Revenue of $146K, expenses of $214K, and assets of $108K (revenue -23.8% year-over-year).
- 2021: Revenue of $192K, expenses of $209K, and assets of $175K (revenue -12.6% year-over-year).
- 2020: Revenue of $219K, expenses of $206K, and assets of $193K (revenue -14.0% year-over-year).
- 2019: Revenue of $255K, expenses of $248K, and assets of $180K (revenue -13.1% year-over-year).
- 2018: Revenue of $293K, expenses of $236K, and assets of $160K (revenue +33.4% year-over-year).
- 2017: Revenue of $220K, expenses of $188K, and assets of $102K (revenue +19.4% year-over-year).
- 2016: Revenue of $184K, expenses of $144K, and assets of $70K (revenue +19.7% year-over-year).
- 2015: Revenue of $154K, expenses of $147K, and assets of $29K (revenue -6.2% year-over-year).
- 2014: Revenue of $164K, expenses of $155K, and assets of $22K (revenue -18.5% year-over-year).
- 2013: Revenue of $201K, expenses of $224K, and assets of $21K (revenue +88.4% year-over-year).
- 2012: Revenue of $107K, expenses of $158K, and assets of $43K (revenue -38.6% year-over-year).
- 2011: Revenue of $174K, expenses of $113K, and assets of $94K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ethan Allen Institute:
Data Sources and Methodology
This transparency report for Ethan Allen Institute 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.