Foundation For Chinese Performing Arts Inc
Chinese Performing Arts Foundation: Modest Revenue, Minimal Assets, and Transparency Gaps
EIN: 222976645 · Lincoln, MA · Updated: 2026-04-04
About Foundation For Chinese Performing Arts Inc
Foundation For Chinese Performing Arts Inc (EIN: 222976645) is a nonprofit organization based in Lincoln, MA. The organization reported total revenue of $346K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foundation For Chinese Performing Arts Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Foundation For Chinese Performing Arts Inc with a Mission Score of 60 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: 75%
- fundraising: 10%
According to IRS 990 filings, Foundation For Chinese Performing Arts Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation cannot be assessed as no specific compensation figures were provided in the available data.
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 Foundation For Chinese Performing Arts Inc's IRS 990 filings:
- Minimal assets ($473 in 2023) despite consistent revenue, raising questions about financial strategy or immediate distribution of funds.
- Lack of detailed expense breakdown (programs, admin, fundraising) makes it difficult to assess operational efficiency.
- No information on specific programs or impact, making it hard to evaluate mission effectiveness.
Strengths
The following positive indicators were identified for Foundation For Chinese Performing Arts Inc:
- Consistent revenue generation over multiple years, indicating a stable donor base or funding stream.
- Low liabilities (L0) suggest a healthy balance sheet in terms of debt.
Frequently Asked Questions about Foundation For Chinese Performing Arts Inc
What does Foundation For Chinese Performing Arts Inc do?
Foundation For Chinese Performing Arts Inc is a nonprofit organization in the Unknown sector, located in Lincoln, Massachusetts. It is classified under NTEE code Unknown.
How much revenue does Foundation For Chinese Performing Arts Inc have?
Foundation For Chinese Performing Arts Inc reported total revenue of $346,000. Based on 4 IRS 990 filings on record.
What are Foundation For Chinese Performing Arts Inc's total assets?
Foundation For Chinese Performing Arts Inc holds total assets of N/A as reported in IRS 990 filings.
Where is Foundation For Chinese Performing Arts Inc located?
Foundation For Chinese Performing Arts Inc is based in Lincoln, Massachusetts.
What is Foundation For Chinese Performing Arts Inc's EIN?
Foundation For Chinese Performing Arts Inc's Employer Identification Number (EIN) is 222976645. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Foundation For Chinese Performing Arts Inc?
Foundation For Chinese Performing Arts Inc is classified under NTEE code Unknown (Unknown).
Is Foundation For Chinese Performing Arts Inc a registered 501(c)(3)?
Foundation For Chinese Performing Arts Inc appears in IRS records (EIN: 222976645). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Foundation For Chinese Performing Arts Inc file IRS Form 990?
Yes, Foundation For Chinese Performing Arts Inc has 4 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Foundation For Chinese Performing Arts Inc's revenue in 2023?
In the 202312 filing period, Foundation For Chinese Performing Arts Inc reported total revenue of $283,828, total expenses of $288,773, and net assets of $473.
Is Foundation For Chinese Performing Arts Inc's revenue growing or declining?
Foundation For Chinese Performing Arts Inc's revenue is growing. Revenue went from $230,220 (202212) to $283,828 (202312), a +23.3% change. Based on 4 filings on record.
What is Foundation For Chinese Performing Arts Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Foundation For Chinese Performing Arts Inc covers tax period 202312. It shows revenue of $283,828, expenses of $288,773, total assets of $473, and liabilities of N/A.
How much does Foundation For Chinese Performing Arts Inc spend on programs vs administration?
Based on IRS 990 analysis, Foundation For Chinese Performing Arts Inc allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Foundation For Chinese Performing Arts Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Foundation For Chinese Performing Arts Inc shows mixed signals. Mission Score: 60/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Foundation For Chinese Performing Arts Inc?
The following concerns were identified: Minimal assets ($473 in 2023) despite consistent revenue, raising questions about financial strategy or immediate distribution of funds.. Lack of detailed expense breakdown (programs, admin, fundraising) makes it difficult to assess operational efficiency.. No information on specific programs or impact, making it hard to evaluate mission effectiveness.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Foundation For Chinese Performing Arts Inc's strengths?
Positive indicators for Foundation For Chinese Performing Arts Inc include: Consistent revenue generation over multiple years, indicating a stable donor base or funding stream.. Low liabilities (L0) suggest a healthy balance sheet in terms of debt.. These findings are derived from AI analysis of the organization's financial filings.
How does Foundation For Chinese Performing Arts Inc compensate executives?
Executive compensation cannot be assessed as no specific compensation figures were provided in the available data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the minimal assets and consistent revenue, what is the primary financial strategy of the Foundation For Chinese Performing Arts Inc?
The data suggests a 'pass-through' financial model where most revenue is expended within the fiscal year, rather than accumulating significant assets. This could indicate a focus on immediate program delivery or a lack of long-term endowment building.
Filing History
IRS 990 filing history for Foundation For Chinese Performing Arts Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2010–2023), Foundation For Chinese Performing Arts Inc's revenue has grown by 1319.1%, moving from $20K to $284K. Total functional expenses rose by 1010.7%, from $26K to $289K. In its most recent filing year (2023), Foundation For Chinese Performing Arts Inc reported a deficit of $5K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $284K | $289K | $473 | $0 | — | — |
| 2022 | $230K | $273K | $5K | $0 | — | View 990 |
| 2021 | $188K | $160K | $48K | $0 | — | View 990 |
| 2010 | $20K | $26K | $0 | $38K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $284K, expenses of $289K, and assets of $473 (revenue +23.3% year-over-year).
- 2022: Revenue of $230K, expenses of $273K, and assets of $5K (revenue +22.7% year-over-year).
- 2021: Revenue of $188K, expenses of $160K, and assets of $48K (revenue +838.1% year-over-year).
- 2010: Revenue of $20K, expenses of $26K, and assets of $0.
Data Sources and Methodology
This transparency report for Foundation For Chinese Performing Arts 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.