Fine Arts Institute Of Edmond
EIN: 731250294 · Edmond, OK · NTEE: A25Z
| Metric | Value |
|---|---|
| Total Revenue | $797K |
| Total Expenses | $825K |
| Net Assets | $1.1M |
Is Fine Arts Institute Of Edmond Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Fine Arts Institute Of Edmond
Fine Arts Institute Of Edmond (EIN: 731250294) is a nonprofit organization based in Edmond, OK, classified under NTEE code A25Z. The organization reported total revenue of $797K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fine Arts Institute Of Edmond's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fine Arts Institute Of Edmond is a small nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $796K |
| Total Expenses | $825K |
| Surplus / Deficit | $-28,451 |
| Total Assets | $1.3M |
| Total Liabilities | $191K |
| Net Assets | $1.1M |
| Operating Margin | -3.6% |
| Debt-to-Asset Ratio | 14.3% |
| Months of Reserves | 19.5 months |
Financial Health Grade: B
In 2023, Fine Arts Institute Of Edmond reported a deficit of $28K with expenses exceeding revenue, holds 19.5 months of operating reserves (strong position), has a debt-to-asset ratio of 14.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Fine Arts Institute Of Edmond's revenue has grown at a compound annual growth rate (CAGR) of 5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.9% | +7.5% | -0.5% |
| 2022 | -4.2% | +13.3% | +4.4% |
| 2021 | +55.8% | +10.6% | +7.8% |
| 2020 | -9.5% | +0.9% | +1.1% |
| 2019 | +10.5% | +9.5% | -1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fine Arts Institute Of Edmond 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 Fine Arts Institute Of Edmond 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 $28K, with expenses exceeding revenue.
- Debt-to-asset ratio: 14.3%.
Frequently Asked Questions about Fine Arts Institute Of Edmond
Is Fine Arts Institute Of Edmond a legitimate charity?
Fine Arts Institute Of Edmond (EIN: 731250294) is a registered tax-exempt nonprofit based in Oklahoma. It has 13 years of IRS 990 filings on record. Total revenue: $797K. No red flags identified. Financial health grade: B.
How does Fine Arts Institute Of Edmond spend its money?
Fine Arts Institute Of Edmond reported $797K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Fine Arts Institute Of Edmond tax-deductible?
Fine Arts Institute Of Edmond is registered as a tax-exempt nonprofit (EIN: 731250294). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fine Arts Institute Of Edmond located?
Fine Arts Institute Of Edmond is headquartered in Edmond, Oklahoma and files with the IRS under EIN 731250294. It is classified under NTEE code A25Z.
How many years of IRS 990 filings does Fine Arts Institute Of Edmond have?
Fine Arts Institute Of Edmond 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 $797K in total revenue.
Filing History
IRS 990 filing history for Fine Arts Institute Of Edmond showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Fine Arts Institute Of Edmond's revenue has grown by 94.4%, moving from $410K to $796K. Total assets increased by 11.2% over the same period, from $1.2M to $1.3M. Total functional expenses rose by 85.6%, from $444K to $825K. In its most recent filing year (2023), Fine Arts Institute Of Edmond reported a deficit of $28K, with expenses exceeding revenue. The organization holds $191K in liabilities against $1.3M in assets (debt-to-asset ratio: 14.3%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $796K | $825K | $1.3M | $191K | — | — |
| 2022 | $789K | $767K | $1.3M | $173K | — | View 990 |
| 2021 | $823K | $677K | $1.3M | $102K | — | View 990 |
| 2020 | $528K | $613K | $1.2M | $155K | — | — |
| 2019 | $584K | $607K | $1.2M | $57K | — | View 990 |
| 2018 | $528K | $554K | $1.2M | $52K | — | View 990 |
| 2017 | $471K | $491K | $1.2M | $55K | — | View 990 |
| 2016 | $491K | $504K | $1.2M | $31K | — | View 990 |
| 2015 | $526K | $485K | $1.2M | $28K | — | View 990 |
| 2014 | $532K | $496K | $1.2M | $19K | — | View 990 |
| 2013 | $562K | $594K | $1.2M | $23K | — | View 990 |
| 2012 | $470K | $471K | $1.2M | $46K | — | View 990 |
| 2011 | $410K | $444K | $1.2M | $43K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $796K, expenses of $825K, and assets of $1.3M (revenue +0.9% year-over-year).
- 2022: Revenue of $789K, expenses of $767K, and assets of $1.3M (revenue -4.2% year-over-year).
- 2021: Revenue of $823K, expenses of $677K, and assets of $1.3M (revenue +55.8% year-over-year).
- 2020: Revenue of $528K, expenses of $613K, and assets of $1.2M (revenue -9.5% year-over-year).
- 2019: Revenue of $584K, expenses of $607K, and assets of $1.2M (revenue +10.5% year-over-year).
- 2018: Revenue of $528K, expenses of $554K, and assets of $1.2M (revenue +12.1% year-over-year).
- 2017: Revenue of $471K, expenses of $491K, and assets of $1.2M (revenue -4.1% year-over-year).
- 2016: Revenue of $491K, expenses of $504K, and assets of $1.2M (revenue -6.6% year-over-year).
- 2015: Revenue of $526K, expenses of $485K, and assets of $1.2M (revenue -1.1% year-over-year).
- 2014: Revenue of $532K, expenses of $496K, and assets of $1.2M (revenue -5.5% year-over-year).
- 2013: Revenue of $562K, expenses of $594K, and assets of $1.2M (revenue +19.6% year-over-year).
- 2012: Revenue of $470K, expenses of $471K, and assets of $1.2M (revenue +14.8% year-over-year).
- 2011: Revenue of $410K, expenses of $444K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fine Arts Institute Of Edmond:
Data Sources and Methodology
This transparency report for Fine Arts Institute Of Edmond 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.